Overview

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Est.

2016

Latest Fiscal Year

Not available

Organization Type

Grantseeker

990s

990 file icon
2024
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2023
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2022
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AI Summary

FRIENDS OF MARTIN'S PARK INC is a nonprofit organization dedicated to raising funds for the construction and maintenance of a universally accessible park and playground that honors Martin Richard and his legacy. With an operating budget of $367.6K and total revenue of $289.7K for the 2024 filing year, the organization focuses on the cause areas of construction and sports and recreation. It does not rely on a single funder for 50% or more of its revenue, ensuring a diverse funding base to support its mission. For more information, visit their website at www.teammr8.org/martins-park-childrens-wharf.

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Mission Statement

TO RAISE FUNDS FOR CONSTRUCTION AND MAINTENANCE OF A UNIVERSALLY ACCESSIBLE PARK AND PLAYGROUND TO HONOR MARTIN RICHARD AND HIS LEGACY.

Cause Areas

2
Construction
Sports and recreation
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Financials

2024
Revenues
$289.7K
Expenses
$367.6K
Net Income:
-$77.9K
Assets
$4.7M
Liabilities
$1.4K
Net Assets:
+$4.7M

Financial Trends

2024
Operating Budget
$367.6K
Operating Budget by Year

Due Diligence

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Charity Verification Snapshot
IRS EO Business Master File Status
Listed as tax-exempt
IRS Pub 78 Status
Eligible for tax-deductible gifts
IRS Revocation Status
Not in Automatic Revocation of Exemption List
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Top Funders

Funder
Total Funding
Funding Share
Logo for "Barr Foundation"
Barr Foundation
BOSTON, MA, US
$2M
3%
MARTIN W RICHARD CHARITABLE FOUNDATION INC
Dorchester, MA, US
$1.7M
24%
Logo for "Boston Foundation, Inc"
Boston Foundation, Inc
Boston, MA, US
$1.5M
< 1%

Grants Received

2024
Total No. of Grants
2
Median grant size
$35.4K
Largest grant received
$40.8K

Board & Team

T
Thomas Crohan
Board Member
W
William Richard
Board Member
C
Charlayne Murrell-Smith
Board Member
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  • 8 funders
  • 4 board & team members
  • 8 historic 990s & financials
  • 6-year operating budget trend
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Frequently Asked Questions

What is FRIENDS OF MARTIN'S PARK INC’s budget?
In 2024, FRIENDS OF MARTIN'S PARK INC reported an annual operating budget of around $368 thousand. More detailed financial information is available to registered users.
What causes does FRIENDS OF MARTIN'S PARK INC support?
FRIENDS OF MARTIN'S PARK INC supports work in Construction and Sports and recreation.
Where does FRIENDS OF MARTIN'S PARK INC operate?
FRIENDS OF MARTIN'S PARK INC is headquartered in Dorchester, MA.
Who funded FRIENDS OF MARTIN'S PARK INC recently?
In 2024, FRIENDS OF MARTIN'S PARK INC received grants from GivenGain Foundation USA, MARTIN W RICHARD CHARITABLE FOUNDATION INC, and MARTIN W RICHARD CHARITABLE FOUNDATION INC. More information on this organization’s funders is available to registered users.
What is the largest grant FRIENDS OF MARTIN'S PARK INC received in 2024?
The largest grant to FRIENDS OF MARTIN'S PARK INC in 2024 exceeds $41 thousand.