Overview
What is Islamorada Foundation Inc?
Islamorada Foundation Inc, based in Islamorada, Florida, is a nonprofit organization with a mission to preserve and enhance the community's green spaces and recreation areas. They operate primarily from a PO Box 1315 address. The foundation's purpose is to provide the means, motivation, and leadership necessary for the conservation and preservation of open spaces in Islamorada. Their core activity involves maintaining Southwinds Park, a significant recreational area in the region. The organization's vision extends to the preservation of the community's parks and green spaces, contributing to the overall well-being and enjoyment of the local population.
Official website here: www.theislamoradafoundation.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 73% (Two-Star out of Four Star rating)
The Islamorada Foundation Inc has received a Two-Star rating from Charity Navigator, reflecting a score of 73% based entirely on its Accountability & Finance metrics. This rating indicates that while the organization demonstrates some strong accountability practices, there are areas needing improvement, particularly in its governance policies.
The foundation excels in several aspects, such as having a fully independent board and a high program expense ratio of 97.44%. This shows that a significant portion of its resources is dedicated to its mission rather than administrative costs. Additionally, the organization has no reported material diversion of assets, ensuring transparency in its financial dealings.
However, the foundation has been noted to lack a whistleblower policy and guidelines for document retention and destruction, which are essential for promoting good governance and risk management. Addressing these gaps could enhance their overall score and strengthen stakeholder confidence in their operations.
This AI summary has been generated from information found on Charity Navigator.
Is Islamorada Foundation Inc legitimate?
Islamorada Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Islamorada 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
Official website here: www.theislamoradafoundation.org
What is the mission statement of Islamorada Foundation Inc?
The Islamorada Foundation Inc's mission is centered around preserving and conserving open spaces. Specifically, their aim is to safeguard the community's parks and green spaces, fostering opportunities for recreation. To fulfill this mission, they provide the necessary means, motivation, and leadership. Notably, they have developed and maintain SouthWinds Park, demonstrating their commitment to this cause.
Official website here: www.theislamoradafoundation.org
Who is the CEO of Islamorada Foundation Inc?
Joseph Mikula is the Director of Islamorada Foundation Inc.
Official website here: www.theislamoradafoundation.org
What is the revenue of Islamorada Foundation Inc?
Islamorada Foundation Inc's revenue in 2022 was $897,286.
Official website here: www.theislamoradafoundation.org
Who are the executives of Islamorada Foundation Inc and what are their salaries?
There 30 volunteers at Islamorada Foundation Inc.
Here are 5 key members and their salaries:
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- Other: $0
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- Other: $0
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- Other: $0
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- Other: $0
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- Other: $0
Official website here: www.theislamoradafoundation.org
Where can I find the form 990 for Islamorada Foundation Inc?
Islamorada Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.theislamoradafoundation.org
Learn more at the official website: www.theislamoradafoundation.org
Mission Statement of Islamorada Foundation Inc
The Islamorada Foundation Inc is committed to preserving and enhancing open spaces within its community. With a mission to conserve and protect the environment, this organization strives to maintain the integrity of parks, green spaces, and recreational areas. By providing the necessary means, motivation, and leadership, the Islamorada Foundation Inc aims to ensure the continuity of these precious areas for future generations. One of its significant contributions is the development and maintenance of SouthWinds Park in Islamorada, Florida, demonstrating its dedication to this cause.
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Impact
July, 2024
Islamorada Foundation Inc's impact can be seen through their dedication to enhancing, conserving, and preserving open spaces in Islamorada, Florida. Through their efforts, the foundation has developed and maintains Southwinds Park, providing a valuable recreational space for the community. Their mission to conserve and preserve the community's parks, common greenspace, and recreation areas contributes to the overall well-being and quality of life for residents and visitors alike. Additionally, their focus on community improvement demonstrates their commitment to creating a sustainable and thriving environment for all who call Islamorada home.
This information is meant to be a general summary of Islamorada 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: $4,253
- Gross Receipts: $897,286
Assets and Liabilities:
- Total Assets: $3,083,942
- Total Liabilities: $0
- Net Assets: $3,083,942
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Organization Details
Founding Year
2011
Phone
(305) 407-4637Principal Officer
Joseph Mikula
Main Address
PO BOX 1315, ISLAMORADA, FL, 33036
NTEE Category
Code: S20 - Community improvement
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