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Paristown Salon Inc

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 832399430 ✦ Louisville, KY ✦ Designated as a 501(c)(3)

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Overview

What is Paristown Salon Inc?

Paristown Salon Inc, located at 400 W Market St FL 33 in Louisville, Kentucky, is a nonprofit organization with a mission to enhance the local community. Their goal is to provide a secure and artistically engaging space for neighborhood improvement. With a vision of fostering a positive urban lifestyle, the salon promotes safety, trust, and civility in social and public spaces. This encourages open dialogue, regular interaction, mutual ownership, and a sense of community among residents, business owners, and visitors, ultimately leading to collective well-being and an abundant neighborhood. The organization operates with a small team of three dedicated individuals.


Official website here: www.paristown.com

What are the reviews and ratings of this charity?

Charity Navigator Rating: 52%

Paristown Salon Inc. has received a One-Star out of Four Star rating from Charity Navigator, indicating significant concerns in its accountability and financial practices. The organization scored 52% overall, with major deficiencies noted in its financial statements, which were not available. This lack of transparency in financial reporting raises questions about the organization's fiscal health and governance.

Despite the noted weaknesses, Paristown Salon Inc. does exhibit some positive attributes, including a fully independent board of directors, which scored 100% in that category. Additionally, the organization demonstrates a strong commitment to programmatic expenses, with 81.56% of its budget allocated to its programs. This indicates a focus on its mission, albeit marred by governance and transparency issues.

However, the nonprofit is missing several critical policies, such as conflict of interest and whistleblower policies, which are essential for ensuring ethical operations. Furthermore, the organization has a concerning liabilities to assets ratio of 170.31%, suggesting potential financial instability. While there are strengths in its independent governance and program spending, the lack of financial documentation and policies undermines the organization’s credibility.


This AI summary has been generated from information found on Charity Navigator.

What do the Facebook reviews say about Paristown Salon Inc?

96% of 39 reviewers on Facebook recommend Paristown Salon Inc. Here is a summary of their reviews:

Many patrons appreciate the welcoming atmosphere, noting the salon's cleanliness and vibrant environment. The staff is frequently described as friendly and helpful, contributing to an enjoyable overall experience for visitors.

Overall, the positive sentiment indicates that clients leave with a high level of satisfaction and a desire to return, showcasing Paristown Salon Inc. as a valued choice in the community.


This AI summary has been generated from reviews found on Facebook.

Is Paristown Salon Inc legitimate?

Paristown Salon Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Paristown Salon 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: $146,489

For more financial information, click here


Official website here: www.paristown.com

What is the mission statement of Paristown Salon Inc?

Paristown Salon Inc has a mission to foster a positive urban lifestyle. They are committed to promoting safety, trust, and civility in social and public spaces. This initiative aims to encourage open dialogue, regular interaction, mutual ownership, and a sense of community among residents, business owners, and visitors. The ultimate goal is to create a collective well-being and an abundant neighborhood, contributing to a harmonious and thriving community.


Official website here: www.paristown.com

What is the revenue of Paristown Salon Inc?

Paristown Salon Inc's revenue in 2024 was $1,090,017.


Official website here: www.paristown.com

Who are the executives of Paristown Salon Inc and what are their salaries?

The average compensation at Paristown Salon Inc during 2024 was $36,622. There are 4 employees at Paristown Salon Inc.

Here are 3 key members and their salaries:


C Edward Glasscock (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
R James Straus (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Howard Vogt (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.paristown.com

Where can I find the form 990 for Paristown Salon Inc?

Paristown Salon Inc's most recent form 990 was submitted in 2024 and can be accessed here.


Official website here: www.paristown.com

Learn more at the official website: www.paristown.com

Mission Statement of Paristown Salon Inc

Paristown Salon Inc, with a vision for a positive urban lifestyle, is committed to promoting safety, trust, and civility in social and public spaces. Their mission is to encourage open dialogue, regular interaction, mutual ownership, and a sense of community among residents, business owners, and visitors. This collective effort produces a sense of collective well-being and an abundant neighborhood. By fostering these elements, Paristown Salon Inc aims to create an environment where people feel engaged and connected, contributing to a harmonious and thriving community.

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Impact




July, 2024

Paristown Salon Inc's impact can be seen in its dedication to promoting safety, trust, and civility in social and public spaces to foster open dialogue, regular interaction, mutual ownership, and a sense of community among residents, business owners, and visitors. By providing security, maintenance, and hosting art-centric performances for the betterment of the neighborhood in Louisville, KY, Paristown Salon Inc contributes to creating a sense of collective well-being and an abundant neighborhood. Through its activities, this organization plays a crucial role in community improvement and enhancing the quality of urban life in its area.




This information is meant to be a general summary of Paristown Salon 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.

Revenue
$1,090,017 (2024)
Expenses
$1,447,570 (2024)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2024.

  • Program Service Revenue: $440,141
  • Gross Receipts: $1,090,017

Assets and Liabilities:

  • Total Assets: $528,507
  • Total Liabilities: $479,725
  • Net Assets: $48,782

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

FETE DE NOEL SKATING

Revenue

$270,728

EVENT MANAGEMENT

Revenue

$169,413

Organization Details

Founding Year

2018

Principal Officer

Howard Vogt

NTEE Category

Code: S20 - Community improvement

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