Dallas Parks Foundation
- Assets
- $0.0
- Revenue
- $77.1k
- Investments
- $0.0
- Employees
- 0
- Location
- Dallas, TX
- Founding
- 02/2004
- Data as of
- 12/2022
- EIN
- 20-0012044
Organization Overview
Dallas Parks Foundation is located in Dallas, TX. The organization was established in 2004. According to its NTEE Classification (N32) the organization is classified as: Parks & Playgrounds, 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. Dallas Parks Foundation 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, Dallas Parks Foundation generated $77.1k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (20.2%) each year. All expenses for the organization totaled $415.5k during the year ending 12/2022. 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
THE DALLAS PARKS FOUNDATION IS DEDICATED TO PRESERVING, PROTECTING, PROMOTING AND ENHANCING EXISTING DALLAS PARKS WHILE MAKING A LASTING CONTRIBUTION TO THE PARK SYSTEM BY SECURING FUNDS TO PROMOTE THE USE OF OUR PARKS AND SUPPORT THE DEVELOPMENT OF NEW AND EXCITING RECREATIONAL AMENITIES WITHIN THE CITY OF DALLAS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
FRIENDS OF WILLIS C WINTERS CAME TOGETHER THROUGH DIRECT DONATIONS FROM THE COMMUNITY. UPGRADES WERE MADE TO THE SOCCER FIELDS, RENOVATIONS TO THE HISTORIC PAVILION, AND ADDED NEW PICNIC TABLES AS WELL AS UPDATED THE LANDSCAPING.
THE DALLAS PARKS FOUNDATION PARTNERED WITH THE DALLAS PARKS AND RECREATION DEPARTMENT TO FACILITATE THE BEST BUY TEEN TECH CENTER. AN INNOVATIVE, CREATIVE, OUT-OF-SCHOOL LEARNING SPACE WHERE YOUNG PEOPLE, AGES 12-17, CAN WORK WITH ADULT MENTORS TO DEVELOP NEW SKILLS, EXPLORE THEIR OWN IDEAS, AND BUILD CONFIDENCE IN THEMSELVES THROUGH THE USE OF CUTTING-EDGE TECHNOLOGY. THE STUDENTS HAVE ACCESS TO A FULL AUDIO RECORDING STUDIO, AND EDITING BAY, FILM AND TELEVISION PRODUCTIONS, 3D GRAPHICS, AND AN ANIMATION STUDIO.
THE DALLAS PARKS FOUNDATION CONTINUES TO SUPPORT LOCAL FRIENDS GROUPS AND PARKS TO ASSIST IN ENHANCING THE BEAUTY AND BENEFICIAL USE OF PUBLIC LANDS AND RIGHT OF WAYS IN THE CITY AND PARKS. THE FOUNDATION DOES THIS BY PROMOTING, SECURING, AND ADMINISTERING FUNDS TO ENHANCE AND MAINTAIN PARKS THROUGHOUT DALLAS, INCREASING PUBLIC FUNDS FOR THE PARKS SYSTEMS, AND RAISING COMMUNITY AWARENESS OF PARK STEWARDSHIP. IN ADDITION, THE FOUNDATION PROMOTES CHARITABLE, SCIENTIFIC, LITERARY, EDUCATIONAL, SOCIAL, AND PUBLIC HEALTH AND WELLNESS ACTIVITIES AND PROGRAMS TO BENEFIT THE PARK SYSTEM, LAND CONSERVATION, AND PUBLIC HEALTH AND WELLNESS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Diane Jennings Director | Trustee | 5 | $0 |
John D Love Director | Trustee | 5 | $0 |
Charisse Beaupreau Director | Trustee | 1 | $0 |
Donald Graneto Director | Trustee | 1 | $0 |
Robbie Good President | Officer | 10 | $0 |
Nicholas J Dicarlo Treasurer | Officer | 10 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $77,096 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $77,096 |
| Total Program Service Revenue | $0 |
| Investment income | $0 |
| 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 | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $77,096 |
| 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 | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $11,730 |
| 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 | $21,212 |
| 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 | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $382,509 |
| Total functional expenses | $415,451 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| 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 | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $0 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| 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 | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
| Net assets without donor restrictions | $0 |
| 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 | $0 |