Overview
What is Woodall Rodgers Park Foundation?
The Woodall Rodgers Park Foundation is a nonprofit organization situated in Dallas, Texas, specifically at 1909 Woodall Rodgers Freeway STE 400. Their primary mission is to enrich visitors' lives by offering free programming and educational opportunities at Klyde Warren Park. This urban oasis, which attracts over a million visitors annually, features various events such as fitness classes, live music, children's activities, movie nights, and holiday celebrations. Additionally, the park provides recreational facilities like table tennis, foosball, badminton, and a dog park. With its unique landscape, the park serves as a versatile venue for both public and private events, contributing significantly to the local economy through the many residential and office buildings in its vicinity. The Foundation is leading the capital campaign and design development for Phase II of the park, which aims to provide additional open space, event space, and retail on two separate deck structures over the freeway. In 2022, the Foundation completed the renovation of the Children's Park and reimagined the east side of the park, featuring an iconic water fountain.
Official website here: www.klydewarrenpark.org
What are the reviews and ratings of this charity?
**Charity Navigator Rating: 91% - Four-Star out of Four Star Rating**
The Woodall Rodgers Park Foundation has achieved an impressive Four-Star rating from Charity Navigator, reflecting strong performance in Accountability & Finance with a score of 91%. This high rating is indicative of the organization's commitment to transparency and effective management of resources. The organization is noted for having a highly independent board, excellent audit and oversight measures, and a strong financial standing, highlighting its responsible governance.
Key strengths include a robust financial position with a low liabilities to assets ratio and high fundraising efficiency. The foundation has a significant majority of independent board members and adheres to best practices in policies such as conflict of interest and whistleblower protections. However, the program expense ratio indicates that less than 60% of funds are directed towards programs, which may be a concern for some stakeholders seeking greater programmatic impact.
User reviews from GreatNonprofits could not be fetched, thus limiting the feedback on community sentiment regarding the foundation. Despite this, the solid rating suggests that the organization is trusted in its mission and operations within the nonprofit sector.
This AI summary has been generated from information found on Charity Navigator.
Is Woodall Rodgers Park Foundation legitimate?
Woodall Rodgers Park Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Woodall Rodgers Park Foundation 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: $1,269,748
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,005,390
For more financial information, click here
Official website here: www.klydewarrenpark.org
What is the mission statement of Woodall Rodgers Park Foundation?
The Woodall Rodgers Park Foundation's mission is to offer free programming and educational opportunities for the enrichment of visitors' lives. This mission aims to showcase the diverse cultures and talents Dallas has to offer, transforming the park into a town square where citizens can congregate and create traditions together. Klyde Warren Park, under the foundation's management, welcomes over a million visitors annually with over 1,300 free events, including fitness classes, live music, children's activities, movie nights, and holiday celebrations. The park also features facilities like table tennis, foosball, badminton, and a dog park, making it an oasis in the heart of Dallas. The foundation has started the design development of Phase II of Klyde Warren Park, which will provide additional open space, event space, and retail on separate deck structures. The foundation is leading the capital campaign and design development for Phase II. In 2022, the foundation completed its renovation of the children's park and reimagined the east side, including an iconic water fountain.
Official website here: www.klydewarrenpark.org
Who is the CEO of Woodall Rodgers Park Foundation?
Kathryn Sawers is the President of Woodall Rodgers Park Foundation.
Official website here: www.klydewarrenpark.org
What is the revenue of Woodall Rodgers Park Foundation?
Woodall Rodgers Park Foundation's revenue in 2022 was $8,746,496.
Official website here: www.klydewarrenpark.org
Who are the executives of Woodall Rodgers Park Foundation and what are their salaries?
The average compensation at Woodall Rodgers Park Foundation during 2022 was $91,006. There are 25 employees and 30 volunteers at Woodall Rodgers Park Foundation.
Here are 27 key members and their salaries:
- Compensation: $421,359
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- Other: $55,157
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- Other: $18,914
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Official website here: www.klydewarrenpark.org
Where can I find the form 990 for Woodall Rodgers Park Foundation?
Woodall Rodgers Park Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.klydewarrenpark.org
Learn more at the official website: www.klydewarrenpark.org
Mission Statement of Woodall Rodgers Park Foundation
The Woodall Rodgers Park Foundation's mission is centered around providing enriching experiences for visitors, showcasing the diverse cultures and talents that Dallas has to offer. By offering over a million people annually with over 1,300 free programs and events, the foundation seeks to serve as a town square where citizens can congregate and create traditions together. These events range from fitness classes and live music to children's activities, movie nights, and holiday celebrations. Additionally, the park provides facilities for games such as table tennis, foosball, badminton, and a dog park, making it an oasis in the heart of Dallas. The park's unique landscape also makes it an ideal venue for public and private events, contributing significantly to the local economy through its proximity to residential and office buildings. The foundation is currently leading the design development of Phase II of Klyde Warren Park, which aims to provide additional open space, event space, and retail on two separate deck structures. In 2022, the foundation completed its renovation of the Children's Park and reimagined the east side, including an iconic water fountain.
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Impact
July, 2024
Woodall Rodgers Park Foundation has had a significant impact on the community by providing over 1 million visitors annually with 1,300 free programs and events at Klyde Warren Park. These events range from fitness classes to live music, children's activities, movie nights, and holiday celebrations, offering a diverse array of opportunities for enrichment and entertainment. The park serves as an oasis in the heart of Dallas, connecting downtown and uptown communities while also hosting public and private events due to its unique landscape.
The foundation's efforts have not only enhanced the quality of life for residents and visitors but also had a tremendous economic impact on the surrounding area. The Foundation's initiatives, such as the ongoing design development of Phase II of Klyde Warren Park, aim to provide additional open space, event space, and retail offerings on separate deck structures over Woodall Rodgers Freeway. This collaborative project involving governmental organizations and the Foundation showcases a commitment to further improving the urban environment and providing more spaces for social interactions and community engagement.
Additionally, the completion of the renovation of the Children's Park and the reimagined East Side of the park, including an iconic water fountain, in 2022 highlight the Foundation's dedication to enhancing the park's amenities and overall experience for visitors. Through their mission to provide free programming and educational opportunities, the Woodall Rodgers Park Foundation has successfully created a vibrant and inclusive space that showcases the diverse cultures and talents of Dallas while serving as a gathering place for citizens to congregate and create traditions together.
This information is meant to be a general summary of Woodall Rodgers Park Foundation. 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: $2,448,544
- Program Service Revenue: $2,663,541
- Gross Receipts: $12,799,054
Assets and Liabilities:
- Total Assets: $84,504,811
- Total Liabilities: $10,760,152
- Net Assets: $73,744,659
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Event Revenue
Revenue
$444,870
Truck Sales & Rent Income
Revenue
$822,657
Tax Assessment Revenue
Revenue
$1,396,014
Organization Details
Founding Year
2005
Phone
(214) 716-4500Principal Officer
Kathryn Sawers
Main Address
1909 Woodall Rodgers FWY STE 403, Dallas, TX, 75201
Website
www.klydewarrenpark.orgNTEE Category
Code: N32 - Recreation
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