Overview
What is Grand Hope Park Inc?
Grand Hope Park Inc is a non-profit organization located in downtown Los Angeles, California, specifically at 919 S Grand Avenue, 102P. Their primary mission is the maintenance and security of Grand Hope Park, a public space located in the South Park section of the city. The park offers various amenities, including bronzes, fountains, a children's play area, exercise equipment, and works of art, all available for public enjoyment. In addition to maintaining the park, Grand Hope Park Inc also ensures the safety of its visitors, contributing to the overall well-being and aesthetics of the downtown area.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 94% (Four-Star out of Four Star rating)
Grand Hope Park Inc has achieved a strong Four-Star rating from Charity Navigator, reflecting its high standards in accountability and finance. The organization demonstrates exceptional governance with a fully independent board, indicating a commitment to transparency and effective leadership. Their fiscal performance is solid, with a program expense ratio of nearly 98%, ensuring that most funds are directed towards their mission.
The charity has put in place rigorous policies that govern conflict of interest, whistleblower protections, and document retention, all of which further bolster its accountability. No material diversions of assets have been reported, which contributes positively to its financial health. Additionally, the liabilities to assets ratio stands at an impressive 0%, suggesting a stable financial position without significant debt.
While the financial indicators are strong, potential donors may want to consider the broader impact metrics and client feedback to better understand the charity's effectiveness in achieving its mission. Overall, Grand Hope Park Inc exemplifies organizational integrity and strong financial stewardship, making it a noteworthy choice for philanthropic contributions.
This AI summary has been generated from information found on Charity Navigator.
Is Grand Hope Park Inc legitimate?
Grand Hope Park Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Grand Hope Park 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.
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What is the mission statement of Grand Hope Park Inc?
The mission of Grand Hope Park Inc is centered around maintaining and ensuring the security of a public park, providing a space for recreation and artistic appreciation. The park, open daily from 8am to 7pm, offers various amenities such as bronzes, fountains, a children's play area, exercise equipment, and works of art for public enjoyment. The organization's primary focus is to preserve the park's beauty and safety for the benefit of the community.
Who is the CEO of Grand Hope Park Inc?
Benni Harding is the President/Director of Grand Hope Park Inc.
What is the revenue of Grand Hope Park Inc?
Grand Hope Park Inc's revenue in 2022 was $770,521.
Who are the executives of Grand Hope Park Inc and what are their salaries?
Here are 8 key members and their salaries:
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Where can I find the form 990 for Grand Hope Park Inc?
Grand Hope Park Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Grand Hope Park Inc
Grand Hope Park Inc, a nonprofit organization, is dedicated to maintaining and ensuring the safety of a public open space in downtown Los Angeles, specifically the South Park section. Their mission is to oversee the upkeep and security of Grand Hope Park, a vibrant community hub that offers various amenities for public enjoyment.
The park, open from 8 am to 7 pm every day, boasts bronze sculptures, fountains, a children's play area, exercise equipment, and numerous works of art. Grand Hope Park Inc, through its meticulous maintenance efforts, ensures that these attractions remain in pristine condition, inviting the community to appreciate and enjoy them. By providing a clean, safe, and aesthetically pleasing environment, Grand Hope Park Inc contributes significantly to the quality of life for the residents and visitors of downtown Los Angeles.
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Impact
June, 2024
Grand Hope Park Inc's impact can be seen in the vibrant and well-maintained open space it provides in downtown Los Angeles. Grand Hope Park offers a peaceful retreat for visitors, with its beautiful bronzes, fountains, children's play area, exercise equipment, and other works of art available for public enjoyment. By maintaining this space and ensuring its security, Grand Hope Park Inc contributes to enhancing the quality of life for individuals in the community. Additionally, the park's presence helps to promote environmental awareness and sustainability in the urban landscape of Los Angeles.
This information is meant to be a general summary of Grand Hope Park 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: $3,152
- Program Service Revenue: $767,369
- Gross Receipts: $770,521
Assets and Liabilities:
- Total Assets: $3,494,434
- Total Liabilities: $0
- Net Assets: $3,494,434
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
ASSESSMENTS
Revenue
$672,589
PARK RENTALS
Revenue
$94,780
Organization Details
Founding Year
1993
Phone
(213) 624-1200Principal Officer
Benni Harding
Main Address
919 S GRAND AVENUE 102P, LOS ANGELES, CA, 90015
NTEE Category
Code: C50 - Environment
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