Overview
What is L&A Park Foundation Inc?
L&A Park Foundation Inc, located in Delphi, Indiana, is a nonprofit organization that primarily focuses on empowering underserved girls through athletics. They operate a softball park, hosting games and tournaments, as well as organizing concerts and related activities. The foundation's mission is to provide this athletic field and associated amenities at minimal or no cost, thereby fostering and supporting girls' softball activities. The organization's activities aim to promote gender equality in sports and offer these opportunities to a section of the community that may not otherwise have access to them.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 40% (Zero-Star out of Four Star rating)
The L&A Park Foundation Inc has received a low score of 40% from Charity Navigator, indicating significant issues with accountability and financial transparency. While the organization has demonstrated strengths such as a fully independent board and no material diversion of assets, it lacks critical policies related to whistleblower protections and document retention, which are essential for governance.
The foundation's program expense ratio stands at 40.39%, but it has received a score of zero for the liabilities to assets ratio, which raises concerns about its financial health. Additionally, the absence of its tax form on the nonprofit's website limits transparency regarding its operations and financial management.
Overall, while there are some positive aspects in governance, the lack of important policies and transparency measures undermines the organization's accountability, which is crucial for donor trust and public support.
This AI summary has been generated from information found on Charity Navigator.
Is L&A Park Foundation Inc legitimate?
L&A Park Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. L&A 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
What is the mission statement of L&A Park Foundation Inc?
The L&A Park Foundation Inc's mission is centered around providing an athletic field and essential amenities for girls' softball activities. This is done at minimal or no cost, with the objective of supporting and fostering underserved girls in the realm of athletics. The foundation's activities encompass hosting softball games and tournaments, as well as organizing concerts and related events, all with the aim of promoting and enhancing opportunities for these underserved girls in sports.
Who is the CEO of L&A Park Foundation Inc?
Mike Patty is the President of L&A Park Foundation Inc.
What is the revenue of L&A Park Foundation Inc?
L&A Park Foundation Inc's revenue in 2022 was $146,965.
Who are the executives of L&A Park Foundation Inc and what are their salaries?
There 15 volunteers at L&A Park Foundation Inc.
Here are 5 key members and their salaries:
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Where can I find the form 990 for L&A Park Foundation Inc?
L&A Park Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of L&A Park Foundation Inc
L&A Park Foundation Inc, a nonprofit organization, is committed to providing an athletic field and essential amenities for girls' softball activities at minimal or no cost. This mission is geared towards fostering and supporting underserved girls in the sport. By operating the Girls Softball Park, the foundation hosts softball games and tournaments, as well as concerts and related activities. These events not only offer an enjoyable experience for the girls but also serve as a platform to showcase their skills and passion for the sport. The foundation's mission is instrumental in making softball accessible and affordable for underprivileged girls, thereby promoting their athletic development and personal growth.
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Impact
October, 2024
L&A Park Foundation Inc significantly impacts the community by providing a dedicated athletic field and various amenities specifically for girls' softball activities. By focusing on underserved girls’ athletics, the foundation fosters an inclusive environment that encourages participation in sports at minimal or no cost.
The operation of the Girls Softball Park facilitates not only regular games and tournaments but also concerts and related activities, enhancing community engagement and support for young female athletes. This initiative helps build confidence, teamwork, and leadership skills among participants, while also promoting physical health and wellness.
By prioritizing access to athletic opportunities, the foundation creates a supportive atmosphere that empowers young girls to thrive both on and off the field, ultimately contributing to their personal and social development in Delphi, IN.
This information is meant to be a general summary of L&A 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.
- Program Service Revenue: $70,678
- Gross Receipts: $162,484
Assets and Liabilities:
- Total Assets: $864,040
- Total Liabilities: $6,514
- Net Assets: $857,526
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Field & Shelter Rental
Revenue
$7,125
Concerts and Games
Revenue
$63,553
Organization Details
Founding Year
2017
Phone
(765) 479-2991Principal Officer
Mike Patty
Main Address
3348 W 500 N, Delphi, IN, 46923
NTEE Category
Code: N32 - Recreation
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