Marina PARC Miami Inc
Nonprofit profile at a glance
- EIN
- 872119947
- IRS 990-EZ coverage
- 2022–2024
- Forms available
- Form 990 2021, Form 990-EZ 2024
- Location
- Key Biscayne, FL, USA
- Phone
- 3057617720
- Rating confidence
- Limited
Reported finances
- Revenue
- $0
- Assets
- $33,253
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
2 people listed
People named in this filing
- Aabad Melwani (Incorporator)
- Jose A Riesco (Treasurer)
Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
The mission is to collaborate on social welfare issues and to utilize economic principles that promote municipal synergy, economic growth, and to facilitate discussion while promoting economic development and job creation in South Florida through sound fiscal policies, lower government spending and reduced taxation. It will also support individuals, organizations, ballot initiatives, and positions that strengthen and improve South Florida's economy, while building support among business leaders, trade groups, schools, and elected officials through education, legislation, and other measures. The organization was established to carry on public policy initiatives, advocacy, and educational work designed to advance and improve the economic and welfare condition of the Miami community, while also improving and promoting social welfare issues that are important to the Miami community, particularly promoting the revitalization of Marina Park in Key Biscayne.The Committee is empowered to raise
What it reported doing in 2024
The entity has facilitated discussion and promoted the creation of jobs and economic development in South Florida. It has also built support among business leaders, trade and community groups, schools, elected officials, and a ballot initiative that promotes a strong economy. The entity was established to carry on public policy initiatives, advocacy, and educational work designed to advance and improve the economic and welfare condition of the South Florida community, while also improving and promoting social welfare issues that are important to the South Florida community.
Operating model
- Revenue model
- Cannot be determined from the filing. The filing does not provide enough consistent revenue detail to tell how this nonprofit funds its work.
- Distribution model
- Cannot be determined from the filing. The filing does not provide enough consistent spending detail to tell whether the nonprofit works directly or through others.
The verdict
- The available evidence is not sufficient to produce an overall rating for this filing. This is not a warning sign.
Rating breakdown
- Financial Efficiency: NotEnoughData
- Transparency & Controls: 82
- Sustainability: NotEnoughData
- Growth: 20
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: Limited
- Program expense ratio: Limited
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: Limited
- Total-asset coverage ratio: Limited
- Liabilities to assets ratio: Limited
- Officer compensation ratio: Limited
Growth
- Program expense growth: Limited
- Revenue growth: -120% per year; rating input score 0; 1st percentile among comparable filings
- Asset growth: 0% per year; rating input score 100; 38th percentile among comparable filings
Details
- Where the money goes: Financial trends and filed revenue, expense, asset, and liability detail
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment
- Leadership: top reported pay $0 · 2 people listed
- Consistency: 2 of 2 current checks pass
- Filing history: 3 filing years from 2022 to 2024
- Contacts: How to reach this organization
- People: Everyone the filings name, and which of them the filings identify by more than a name.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- High — Growth: Revenue growth scored 0/100.