Shelby Friends of the Parks
Nonprofit profile at a glance
- EIN
- 844977151
- IRS 990-EZ coverage
- 2024–2024
- Forms available
- Form 990-EZ 2024, Form 990-N 2024
- Location
- Shelby, NC, USA
- Phone
- 7044826675
- Rating
- 83
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Single Organization Support
Reported finances
- Revenue
- $601
- Expenses
- $7,163
- Assets
- $33,144
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
3 people listed
Executive titles in this filing
- SALLY ROYSTER (PRESIDENT)
People named in this filing
- SALLY ROYSTER (PRESIDENT)
- ALAN FORD (SECRETARY)
- CHUCK HAMILTON (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
Shelby friends of the parks operates exclusively for charitable purposes under section 501(c)(3) of the internal revenue code. The organization raises funds and provides financial support for the city of shelbys department of parks and recreation. Its activities include organizing community fundraising events, receiving charitable donations, and managing special programs designed to improve and expand public parks, recreation facilities, and community events. The funds raised by the organization help supplement and subsidize the citys parks and recreation budget, ensuring that residents of all ages have access to safe, inclusive, and well- maintained spaces for recreation and leisure.shelby friends of the parks works in close cooperation with the city of shelby to identify priority projects and to ensure that all funds are used to enhance the communitys parks, recreation, and cultural opportunities for the public benefit.
What it reported doing in 2024
Raises funds and provides financial support to enhance and expand the city of shelbys parks, recreation programs, and community facilities for public benefit.
Operating model
- Revenue model
- Earned-program. 100% of the money available for current operations came from fees and other program revenue.
- Distribution model
- Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.
The verdict
STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Expenses are high relative to revenue and reported officer compensation is a large share of total spending, which may reflect staffing concentration.
Rating breakdown
- Financial Efficiency: 97
- Transparency & Controls: 82
- Sustainability: 32
- Growth: NotEnoughData
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 100%; rating input score 100
- Program expense ratio: 92.2%; rating input score 92
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: -1,091.8%; rating input score 2; 2nd percentile among comparable filings
- Total-asset coverage ratio: 4.63; rating input score 83; 83rd percentile among comparable filings
- Liabilities to assets ratio: Limited
- Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings
Growth
- Program expense growth: Limited
- Revenue growth: Limited
- Asset growth: Limited
Details
- Where the money goes: 100% of revenue deployed · 92.2% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment · $7K in reported program spending
- Leadership: top reported pay $0 · 3 people listed
- Consistency: 7 of 7 current checks pass
- Schedules: 2 filed schedules
- Contacts: How to reach this organization
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- 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 — Sustainability: Operating margin scored 2/100.
- Review — Sustainability: Officer compensation ratio scored 56/100.