Overview

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Est.

2018

Latest Fiscal Year

Not available

Organization Type

Grantseeker

AI Summary

The Parks Foundation of Islip Town Inc is an independent nonprofit organization dedicated to enhancing parks and recreational facilities within the Town of Islip, focusing on community and economic development. With an operating budget of $246.3K and total revenue of $272.2K for the 2024 filing year, the foundation supports special projects that exceed normal budget allocations, such as Serenity Gardens. The organization 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 isliptownparksfoundation.org.

Mission Statement

THE PARKS FOUNDATION OF ISLIP TOWN IS AN INDEPENDENT NON-PROFIT ORGANIZATION. OUR MISSION IS TO ASSIST WITH THE IMPROVEMENT AND ENHANCEMENT OF PARKS AND OTHER RECREATIONAL FACILITIES LOCATED WITHIN THE TOWN OF ISLIP FOR OUR RESIDENTS AND VISITORS, AND TO ASSIST IN FUNDING THOSE SPECIAL PROJECTS THAT GO BEYOND NORMAL BUDGET ALLOCATIONS. THE PARKS FOUNDATION CAME TOGETHER TO WORK ON SPECIAL PROJECTS LIKE SERENITY GARDENS WHICH WILL SERVE RESIDENTS WHO MAY NOT NORMALLY FREQUENT PUBLIC PARKS. IT ALSO PROVIDES THE OPPORTUNITY TO MAKE DONATIONS TO OTHER TOWN WIDE FACILITIES SUCH AS INDIVIDUAL RECREATIONAL FACILITIES, PARKS, BEACHES, AND MARINAS.
Revenues
$272.3K
Expenses
$246.3K
Net Income:
+$26K
Assets
$173K
Liabilities
$0
Net Assets:
+$173K
Operating Budget
$246.3K
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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Total No. of Grants
1
Median grant size
$10K
Largest grant received
$10K
J
John King
Board Member
D
Dan Levler
Board Member
T
Tom McAteer
Board Member

Frequently Asked Questions

What is PARKS FOUNDATION OF ISLIP TOWN INC’s budget?
In 2024, PARKS FOUNDATION OF ISLIP TOWN INC reported an annual operating budget of around $246 thousand. More detailed financial information is available to registered users.
What causes does PARKS FOUNDATION OF ISLIP TOWN INC support?
PARKS FOUNDATION OF ISLIP TOWN INC supports work in Community and economic development and Community improvement.
Where does PARKS FOUNDATION OF ISLIP TOWN INC operate?
PARKS FOUNDATION OF ISLIP TOWN INC is headquartered in ISLIP, NY.
Who funded PARKS FOUNDATION OF ISLIP TOWN INC recently?
In 2024, PARKS FOUNDATION OF ISLIP TOWN INC received grants from THE JOHN A RODGER JR FOUNDATION INC and SUFFOLK AME CARES FOUNDATION INC. More information on this organization’s funders is available to registered users.
What is the largest grant PARKS FOUNDATION OF ISLIP TOWN INC received in 2024?
The largest grant to PARKS FOUNDATION OF ISLIP TOWN INC in 2024 exceeds $10 thousand.