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Passes our checks

Parks Foundation of Islip Town Inc

EIN 82-4135181 · Islip, NY

Public records show a registered, tax-exempt organization in good standing.

LegitimacyPassesRegistration and standingFinancial healthFair55 out of 100GovernanceFair50 out of 100Impact evidenceDescribes programsHow well its results are evidenced

What it says it does

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.

Income
$142,000
Spending
$234,235
Spent on programs
98%
Reserves
4.1 months of spending
Largest source of income
donations and private grants, 100%
Employees
0

Source: Form 990 for the year ending December 31, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Financial health

Fair: 55 out of 100. Higher than 25% of charities in its peer group (community improvement, under $250k).

  • Reserves

    20 of 35

    Spendable reserves would cover 4.1 months of spending.

  • Debt

    20 of 20

    It owes 0% of what it owns.

  • Living within its means

    0 of 15

    Spending exceeded income by 65% of income.

  • Income trend

    0 of 15

    Income fell 48% on the year before.

  • Spending floor

    15 of 15

    98% of spending went to programs and raising each dollar of donations cost 0 cents.

Source: Form 990 for the year ending December 31, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Governance

Fair: 50 out of 100. Higher than 19% of charities in its peer group (community improvement, under $250k).

  • Independent board

    25 of 25

    6 of 6 voting board members are independent.

  • Conflict of interest policy

    0 of 15

    Reports no written conflict of interest policy.

  • Whistleblower policy

    0 of 8

    Reports no written whistleblower policy.

  • Record keeping policy

    0 of 7

    Reports no written policy on keeping and destroying records.

  • Board minutes

    5 of 5

    Keeps minutes of board meetings.

  • Board sees the tax return

    0 of 10

    Did not give the board a copy of this return before filing it.

  • No reported misuse

    10 of 10

    Reports no diversion of assets, excess benefits or loans to insiders.

Source: Form 990 for the year ending December 31, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Impact evidence

Describes programs. Its tax return describes what it does but we have found no measurable results in it.

Programs described in its return (3)
  1. PARKS FOUNDATION OF ISLIP TOWN WILL CATER THEIR PARK TO PEOPLE WHO ARE VISUALLY AND/OR HEARING IMPAIRED, ON THE AUTISM SPECTRUM, OR SUFFER FROM ALZHEIMERS DISEASE OR DEMENTIA, AND WILL STILL BE INVITING TO SENIORS, VETERANS AND THE GENERAL PUBLIC.
  2. $230,334 spent. PARKS FOUNDATION OF ISLIP TOWN WILL CATER THEIR PARK TO PEOPLE WHO ARE VISUALLY AND/OR HEARING IMPAIRED, ON THE AUTISM SPECTRUM, OR SUFFER FROM ALZHEIMERS DISEASE OR DEMENTIA, AND WILL STILL BE INVITING TO SENIORS, VETERANS AND THE GENERAL PUBLIC.
  3. PARKS FOUNDATION OF ISLIP TOWN WILL CATER THEIR PARK TO PEOPLE WHO ARE VISUALLY AND/OR HEARING IMPAIRED, ON THE AUTISM SPECTRUM, OR SUFFER FROM ALZHEIMERS DISEASE OR DEMENTIA, AND WILL STILL BE INVITING TO SENIORS, VETERANS AND THE GENERAL PUBLIC.

Source: Form 990 for the year ending December 31, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Legitimacy checks

  1. Is it registered with the IRS? Passed.

    Listed in the IRS master file of tax-exempt organizations as a 501(c)(3) charitable organization.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.

  2. Has the IRS revoked its tax-exempt status? Passed.

    Not on the IRS automatic revocation list.

    Source: Automatic revocation of exemption list, Internal Revenue Service, file dated November 6, 2026.

  3. Are donations tax-deductible? Passed.

    On the IRS list of organizations eligible to receive tax-deductible contributions.

    Source: Publication 78 data: organizations eligible for tax-deductible contributions, Internal Revenue Service, file dated October 13, 2026.

  4. Is it keeping up with its IRS filings? Passed.

    Most recent return on file covers the year ending December 2025.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.

  5. How long has it been tax-exempt? Passed.

    Recognized by the IRS since May 2019.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.

  6. Is it in good standing with state regulators? Passed.

    Not on California's list of charities barred from soliciting. Other states are not yet checked.

    Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated November 4, 2026.

Ratings and checks are our reading of public records, using the published method. They are not a statement about anyone's honesty. If you work for this organization, you can send corrections or results, confirm you want gifts through Veridonate, or ask to be removed from giving.