Forest Park Zoological Society Inc
- Assets
- $464.4k
- Revenue
- $1.2m
- Investments
- $0.0
- Employees
- 36
- Location
- Springfield, MA
- Founding
- 05/1967
- Data as of
- 12/2021
- EIN
- 04-6145635
Organization Overview
Forest Park Zoological Society Inc is located in Springfield, MA. The organization was established in 1967. According to its NTEE Classification (D50) the organization is classified as: Zoos & Aquariums, under the broad grouping of Animal-Related and related organizations. As of 12/2021, Forest Park Zoological Society Inc employed 36 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Forest Park Zoological Society 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 12/2021, Forest Park Zoological Society Inc generated $1.2m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 9.4% each year. All expenses for the organization totaled $876.7k during the year ending 12/2021. While expenses have increased by 3.4% per year over the past 6 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
THE ZOO FEATURES EXOTIC AND INDIGENOUS ANIMALS REPRESENTING A LARGE VARIETY OF SPECIES FOUND THROUGHOUT THE WORLD AND IN NORTH AMERICA. THE ZOO IS DEDICATED TO WILDLIFE, CONSERVATION AND ENVIRONMENTAL EDUCATION AND OFFERS A VARIETY OF EDUCATIONAL PROGRAMMING FOR CHILDREN AND ADULTS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO PROVIDE A BETTER UNDERSTANDING OF, AND APPRECIATION FOR, THE NATURAL WORLD THROUGH EDUCATION, CONSERVATION, AND REHABILITATION.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Nathan Bazinet President | OfficerTrustee | $0 | |
Nunzio Bruno Treasurer | OfficerTrustee | $0 | |
Daniel Burack Vice Preside | OfficerTrustee | $0 | |
Nancy Oettlin-Piela Secretary | OfficerTrustee | $0 | |
Jeanne Elin Director | Trustee | $0 | |
Theodore Hebert Director | Trustee | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $44,939 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $602,564 |
| Noncash contributions included in lines 1a–1f | $140,915 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $647,503 |
| Total Program Service Revenue | $426,927 |
| Investment income | $26 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $59,623 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,194,103 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $428,710 |
| Pension plan accruals and contributions | $9,072 |
| Other employee benefits | $16,704 |
| Payroll taxes | $42,604 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $2,018 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $11,068 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $29,263 |
| Insurance | $32,448 |
| All other expenses | $33,319 |
| Total functional expenses | $876,665 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $237,997 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $40,059 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $24,644 |
| Net Land, buildings, and equipment | $161,683 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $464,383 |
| Accounts payable and accrued expenses | $23,169 |
| Grants payable | $0 |
| Deferred revenue | $59,957 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $299,542 |
| Unsecured mortgages and notes payable | $13,715 |
| Other liabilities | $23,444 |
| Total liabilities | $419,827 |
| Net assets without donor restrictions | $44,556 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $464,383 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Forest Park Zoological Society Inc has recieved totaling $25,314.
| Awarding Organization | Amount |
|---|---|
Community Foundation Of Western Massachusetts Springfield, MA PURPOSE: EDUCATION | $25,200 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $114 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
New England Aquarium Corporation Boston, MA | $97,527,148 | $52,802,901 |
Sea Research Foundation Inc Mystic, CT | $52,111,642 | $39,772,478 |
Commonwealth Zoological Corporation Boston, MA | $53,681,720 | $30,082,811 |
Zoological Society Of Buffalo Inc Buffalo, NY | $41,190,755 | $10,493,866 |
Rhode Island Zoological Society Providence, RI | $10,367,543 | $14,724,658 |
Staten Island Zoological Society Inc Staten Island, NY | $2,458,383 | $3,772,609 |
Niagara Aquarium Foundation Inc Niagara Falls, NY | $11,266,843 | $6,014,465 |
Connecticut Zoological Society Inc Bridgeport, CT | $17,127,613 | $7,458,891 |
Utica Zoological Society Utica, NY | $4,059,823 | $2,740,900 |
Buttonwood Park Zoological Society New Bedford, MA | $2,313,008 | $1,879,148 |
Southern Tier Zoological Society Inc Binghamton, NY | $2,721,469 | $1,642,589 |
Forest Park Zoological Society Inc Springfield, MA | $464,383 | $1,194,103 |