Overview
What is Grove Park Foundation Inc?
Grove Park Foundation Inc, based in Atlanta, Georgia, is a dedicated nonprofit organization working to uplift the Grove Park neighborhood. Their mission is to revitalize the community, enhancing its quality of life by collaborating with local partners, leaders, and residents. They focus on breaking the cycle of poverty through various initiatives, including job and workforce training programs, mixed-use property development with housing, offices, and retail components, and recruiting new businesses in viable employment centers. The foundation also advocates for improved transit connectivity to support better job access. With a team of six dedicated individuals, Grove Park Foundation Inc aims to create a healthy, equitable, and vibrant community in Atlanta.
Official website here: www.groveparkfoundation.org
What are the reviews and ratings of this charity?
Rating from Charity Navigator: 86% (Three-Star out of Four Star rating)
Grove Park Foundation Inc has received a solid rating of 86%, indicating a reliable level of operational transparency and effectiveness. With an impressive Accountability & Finance score of 83% and a Culture & Community score of 93%, the organization demonstrates strong financial management and community engagement practices. The Program Expense Ratio of 88% shows a significant commitment to its programs, while a low Fundraising Efficiency Ratio of $0.09 indicates that the foundation uses its resources wisely to minimize fundraising costs.
The organization excels in feedback collection and utilization, achieving perfect scores in these areas, showcasing a commitment to listening to its constituents and making informed decisions based on their insights. Additionally, its high scores in Equity Strategies and policies suggest that Grove Park Foundation is actively working toward inclusivity and equity within its operations.
However, despite the strong overall performance, there are areas for improvement in equity data, where it scored 4 out of 7. This indicates that while the foundation has established some policies and processes, further development in data collection and analysis regarding equity could enhance its effectiveness in serving diverse communities. Overall, Grove Park Foundation Inc stands out for its strong community focus and responsible financial practices.
This AI summary has been generated from information found on Charity Navigator.
Is Grove Park Foundation Inc legitimate?
Grove Park Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Grove Park Foundation Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $190,500
Professional Fundraising Fees: $143,984
Other Salaries and Wages: $349,813
For more financial information, click here
Official website here: www.groveparkfoundation.org
What is the mission statement of Grove Park Foundation Inc?
The Grove Park Foundation is committed to breaking the cycle of poverty by working with the residents of an unspecified neighborhood. Their mission is to revitalize the community and enhance the quality of life by collaborating with local partners, leaders, and residents. They aim to create a healthy, equitable, and vibrant community. In terms of economic development, the foundation focuses on job and workforce training programs, mixed-use properties, attracting new businesses, and advocating for improved transit connectivity to support better job access. They also strive to obtain Opportunity Zone designation to encourage job growth and opportunity.
Official website here: www.groveparkfoundation.org
Who is the CEO of Grove Park Foundation Inc?
Gavin Mcguire is the Executive Director of Grove Park Foundation Inc.
Official website here: www.groveparkfoundation.org
What is the revenue of Grove Park Foundation Inc?
Grove Park Foundation Inc's revenue in 2022 was $4,884,818.
Official website here: www.groveparkfoundation.org
Who are the executives of Grove Park Foundation Inc and what are their salaries?
The average compensation at Grove Park Foundation Inc during 2022 was $90,052. There are 6 employees and 513 volunteers at Grove Park Foundation Inc.
Here are 25 key members and their salaries:
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Official website here: www.groveparkfoundation.org
Where can I find the form 990 for Grove Park Foundation Inc?
Grove Park Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.groveparkfoundation.org
Learn more at the official website: www.groveparkfoundation.org
Mission Statement of Grove Park Foundation Inc
Grove Park Foundation, a dedicated organization, is committed to breaking the cycle of poverty in its community. The foundation's mission is to revitalize the neighborhood and enhance the quality of life by collaborating with local partners, leaders, and residents. It aims to create a healthy, equitable, and vibrant community where everyone can thrive.
In pursuit of this mission, Grove Park Foundation focuses on economic development. It works to attract new partners and collaborates with existing ones to establish job and workforce training programs. The foundation also promotes mixed-use properties, incorporating housing, office, and retail components. This strategy not only provides necessary amenities but also encourages the establishment of new businesses in viable employment centers. To further stimulate job growth and opportunity, Grove Park Foundation advocates for improved transit connectivity, ensuring better access to jobs. Additionally, the foundation seeks Opportunity Zone designation to encourage economic development and create more opportunities for the community.
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Impact
July, 2024
Grove Park Foundation Inc is actively working with residents in the Grove Park neighborhood to break the generational cycle of poverty. They are focused on economic development, attracting new partners, collaborating with existing ones, and implementing job/workforce and entrepreneurial training programs. Additionally, they are incorporating mixed-use properties with housing, office, and retail components, recruiting and incentivizing new businesses in viable employment centers, and advocating for improved transit connectivity to support better access to jobs. Their mission is to revitalize the Grove Park neighborhood, working with local partners, leaders, and residents to create a healthy, equitable, and vibrant community.
This information is meant to be a general summary of Grove Park Foundation Inc. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $203,476
- Gross Receipts: $4,886,305
Assets and Liabilities:
- Total Assets: $26,691,051
- Total Liabilities: $18,592,041
- Net Assets: $8,099,010
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Organization Details
Founding Year
2017
Phone
(770) 955-3116Principal Officer
Gavin Mcguire
Main Address
1566 DONALD LEE HOLLOWELL PKWY 5, ATLANTA, GA, 30318
Website
www.groveparkfoundation.orgNTEE Category
Code: S30 - Community improvement
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