Childs Park Foundation Inc is located in Hadley, MA. The organization was established in 1953. According to its NTEE Classification (N11) the organization is classified as: Single Organization Support, under the broad grouping of Recreation & Sports and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Childs Park Foundation Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2022, Childs Park Foundation Inc generated $151.1k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 3.3% each year. All expenses for the organization totaled $178.1k during the year ending 12/2022. While expenses have increased by 8.3% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
CHILDS PARK HAS A SINGLE CHARITABLE PURPOSE, THE PRESERVATON OF CHILDS PARK FOR PUBLIC ENJOYMENT. ALL CHARITABLE EXPENSES RELATE TO THIS ACTIVITY.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
David Murphy President/director | 4 | $0 | |
Gail Yacuzzo Vice Pres/director | 0.25 | $0 | |
William E Dwyer Jr Clerk/treas/director | 0.25 | $0 | |
Richard Cooper Director | 0.25 | $0 | |
Nancy Denig Director | 0.25 | $0 | |
Edward T Heaphy Jr Honorary Director | 0.25 | $0 |
Statement of Revenue | |
---|---|
Contributions, Gifts, Grants & Similar | $148,869 |
Interest on Savings | $2,232 |
Dividends & Interest | $0 |
Net Rental Income | $0 |
Net Gain on Sale of Assets | $0 |
Capital Gain Net Income | $0 |
Net ST Capital Gain | $0 |
Income Modifications | $0 |
Profit on Inventory Sales | $0 |
Other Income | $0 |
Total Revenue | $151,101 |
Statement of Expenses | |
---|---|
Compensation of officers, directors, trustees, etc | $0 |
Other employee salaries and wages | $93,648 |
Pension plans, employee benefits | $350 |
Interest | $63 |
Taxes | $14,677 |
Depreciation | $2,811 |
Occupancy | $0 |
Travel, conferences, and meetings | $0 |
Printing and publications | $0 |
Other expenses | $66,512 |
Total operating and administrative expenses | $178,061 |
Contributions, gifts, grants paid | $0 |
Total expenses and disbursements | $178,061 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $0 |
Savings and temporary cash investments | $27,293 |
Net Accounts receivable | $0 |
Net Pledges Receivable | $0 |
Grants receivable | $0 |
Receivables from Officers, Directors, or Controlling Persons | $0 |
Net other notes and loans receivable | $0 |
Inventories for sale or use | $0 |
Prepaid expenses and deferred charges | $0 |
Net Investments - land, buildings, equipment | $0 |
Investments—mortgage loans | $0 |
Investments—other | $76,380 |
Net Land, buildings, and equipment | $34,778 |
Other assets | $0 |
Total assets | $138,451 |
Accounts payable and accrued expenses | $0 |
Grants payable | $0 |
Deferred revenue | $0 |
Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
Mortgages and other notes payable | $0 |
Other liabilities | $0 |
Total liabilities | $0 |