Fairmount Park Conservancy
- Assets
- $14.7m
- Revenue
- $7.4m
- Investments
- $2.7m
- Employees
- 41
- Location
- Philadelphia, PA
- Founding
- 12/1992
- Data as of
- 12/2022
- EIN
- 23-2703821
Organization Overview
Fairmount Park Conservancy is located in Philadelphia, PA. The organization was established in 1992. According to its NTEE Classification (C50) the organization is classified as: Environmental Beautification, under the broad grouping of Environment and related organizations. As of 12/2022, Fairmount Park Conservancy employed 41 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Fairmount Park Conservancy 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, Fairmount Park Conservancy generated $7.4m in total revenue. This represents relatively stable growth, over the past 5 years the organization has increased revenue by an average of 5.2% each year. All expenses for the organization totaled $13.0m during the year ending 12/2022. While expenses have increased by 8.1% per year over the past 5 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.
Since 2018, Fairmount Park Conservancy has awarded 16 individual grants totaling $1,991,977. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
THE FAIRMOUNT PARK CONSERVANCY WORKS AS A COLLABORATIVE PARTNER TO LEAD AND SUPPORT EFFORTS WHICH PRESERVE AND IMPROVE THE FAIRMOUNT PARK SYSTEM IN ORDER TO ENHANCE THE QUALITY OF LIFE AND STIMULATE ECONOMIC DEVELOPMENT OF THE GREATER PHILADELPHIA REGION.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE FAIRMOUNT PARK CONSERVANCY LEADS LARGE-SCALE CAPITAL IMPROVEMENTS TO PHILADELPHIA PARKLANDS, FROM THE PLANNING STAGE THROUGH CONSTRUCTION. IN 2022, PROJECTS INCLUDED ADVANCING THE FDR PARK PLAN, CONTINUED PLANNING AND IMPLEMENTATION IN WEST FAIRMOUNT PARK AND ONGOING WORK ACROSS THE NATURAL LANDS WITHIN THE PARK SYSTEM. THE FDR PARK PLAN IS A ONCE-IN-A GENERATION OPPORTUNITY TO REIMAGINE A HISTORIC OLMSTED PARK TO SERVE 21ST CENTURY PHILADELPHIANS. GUIDED BY THE COMMUNITY-DRIVEN PLAN, THE CONSERVANCY BEGAN IMPLEMENTATION IN 2021, FOCUSING ON ADVANCING FOUR PROJECTS THAT WILL COMPRISE THE GATEWAY PHASE: THE WELCOME CENTER, ANNA C. VERNA PLAYGROUND, GATEWAY PLAZA, AND THE PEOPLE'S PLAZA AND HABITAT TERRACE. THE CONSERVANCY IS ENGAGED IN A MULTI-YEAR EFFORT TO DELIVER CAPITAL IMPROVEMENTS TO WEST FAIRMOUNT PARK BASED ON MASTERPLANS FROM 2009 AND 2014. IMPROVEMENTS IN 2022 INCLUDED PROJECTS SUCH AS THE PARKSIDE EDGE GAP, INFRASTRUCTURE AND PEDESTRIAN SAFETY UPGRADES, PLANNING FOR THE WELSH FOUNTAIN RESTORATION, AND SIGNAGE AND WAYFINDING. THE NATURAL LANDS PROGRAM REPRESENTS THE CONSERVANCY'S INVESTMENT IN RESTORING, MAINTAINING AND IMPROVING THE WOODLANDS, STREAMS, MEADOWS, AND LAKES THAT MAKE UP 60% OF THE CITY'S PARKLANDS. THIS WORK IN 2022 INCLUDED CONSTRUCTION OF THE TROLLEY TRAIL, RESTORATION OF THE BOXERS' TRAIL AND CANOPY RESTORATION AT THE TRAIL'S EDGE, AND THE RESTORATION OF THE WOODS AT THE HORTICULTURAL CENTER. THE TEAM ALSO FACILITATED THE NATURAL LANDS VOLUNTEER TRAINING PROGRAM AND CREATED A NATURAL LANDS TRAINING FOR POWERCORPSPHL LEADERSHIP.
THE CONSERVANCY LEADS INITIATIVES THAT SEEK TO EMPOWER, EDUCATE AND CONNECT PHILADELPHIA CITIZENS AND PUBLIC SPACE PARTNERS TO CIVIC ASSETS THROUGH VOLUNTEERING, CAPACITY BUILDING, AND STEWARDSHIP. THE NEIGHBORHOOD PARK STEWARDSHIP PROGRAM ENGAGES THOUSANDS OF RESIDENTS ORGANIZED INTO 130 PARK FRIENDS GROUPS IN THE IMPROVEMENT OF THE CITY'S NEIGHBORHOOD PARKS. IN 2022, 98 PARKS AND 2,327 VOLUNTEERS PARTICIPATED IN BOTH THE FALL AND SPRING LOVE YOUR PARK DAYS. THE CONSERVANCY LAUNCHED A NEW VOLUNTEER PROGRAM TO ENGAGE YEAR-ROUND WITH VOLUNTEERS IN THE PARK'S NATURAL AREAS AND ON PRIORITY CONSERVANCY PROJECTS. ITS FOCUS IS ON BUILDING COMMUNITY AND RELATIONSHIPS THROUGH VOLUNTEER LEADERSHIP TRAINING, A PUBLIC VOLUNTEER SERIES, CORPORATE VOLUNTEER EVENTS, SPECIAL PROGRAMS, AND ADDITIONAL SUPPORT DURING LOVE YOUR PARK. THE VOLUNTEER PROGRAM HOSTED WEEKLY PUBLIC EVENTS DRAWING 888 TOTAL VOLUNTEERS DEVOTING. IN 2022, WE WALK PHL, A FREE WALKING GROUP, GREW TO 2,827 MEMBERS AND DREW 5,263 TOTAL ATTENDEES. FARMPHILLY, THE CITY'S URBAN AGRICULTURE PROGRAM, HAS EXPANDED WITH SUPPORT FROM FAIRMOUNT PARK CONSERVANCY. IN 2022, MORE THAN 500 COMMUNITY MEMBERS GREW OVER 25,000 POUNDS OF FOOD AT 20 COMMUNITY GARDENS. TWELVE RECREATION CENTER GARDENS PARTICIPATED IN THE JUNIOR FARMERS PROGRAM AND ENGAGED OVER 500 STUDENTS IN YEAR-ROUND AFTER-SCHOOL PROGRAMMING. TREEPHILLY, A CITY-WIDE TREE PLANTING PROGRAM OF PHILADELPHIA PARKS & RECREATION AND FAIRMOUNT PARK CONSERVANCY CONTINUED TO RESTORE CRITICAL TREE CANOPY TO 30% COVERAGE IN ALL PHILADELPHIA NEIGHBORHOODS, IMPROVE THE OVERALL ENVIRONMENTAL HEALTH OF THE CITY, AND ADDRESS ENVIRONMENTAL EQUITY ISSUES TO IMPROVE THE LIVES OF RESIDENTS. IN 2022, THE TREEPHILLY TEAM PLANTED 11,264 TREES, DISTRIBUTED 1,857 YARD TREES, AND HOSTED 19 TREE GIVEAWAYS IN PARTNERSHIP WITH COMMUNITY ORGANIZATIONS. IN ADDITION TO THE ABOVE MENTIONED PROGRAMS, THE CONSERVANCY HOSTED 164 PUBLIC PROGRAMS THAT DREW 6,395 ATTENDEES.
FAIRMOUNT PARK CONSERVANCY LEADS THE PRESERVATION, DEVELOPMENT, AND MANAGEMENT OF HISTORIC RESOURCES IN PHILADELPHIA'S FAIRMOUNT PARK, INCLUDING NUMEROUS PROPERTIES DESIGNATED TO THE CONSERVANCY'S CARE. THE CONSERVANCY'S AWARD-WINNING CONSERVATION TEAM COMPLETED HISTORIC PRESERVATION PROJECTS AT HISTORIC SITES IN 2022.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Carol S Eicher Chair & President | OfficerTrustee | 5 | $0 |
Carol Horne Penn Vice President & Director | OfficerTrustee | 5 | $0 |
Joseph M Manko Vice President & Director | OfficerTrustee | 5 | $0 |
Max Berger Treasurer & Director | OfficerTrustee | 5 | $0 |
Mary Coe Secretary & Director | OfficerTrustee | 5 | $0 |
John K Binswanger Director At Large For Life | Trustee | 5 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Daniel J Keating Company Capital Planning Contruction Services | 12/30/22 | $1,595,470 |
Wrt Llc Capital Planning Design Services | 12/30/22 | $1,243,358 |
Seravalli Inc Capital Planning Contruction Services | 12/30/22 | $1,073,264 |
Community Counselling Service Campaign Management Services | 12/30/22 | $697,139 |
Your Part-time Controller Llc Accounting Support Services | 12/30/22 | $137,045 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $4,911,826 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,796,998 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $6,708,824 |
| Total Program Service Revenue | $304,388 |
| Investment income | $154,648 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $262,948 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $7,430,808 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $291,170 |
| Grants and other assistance to domestic individuals. | $37,940 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $377,727 |
| Compensation of current officers, directors, key employees. | $226,474 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,963,839 |
| Pension plan accruals and contributions | $52,474 |
| Other employee benefits | $273,104 |
| Payroll taxes | $185,142 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $172,193 |
| Fees for services: Accounting | $160,880 |
| Fees for services: Lobbying | $131,000 |
| Fees for services: Fundraising | $697,139 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $865,588 |
| Advertising and promotion | $58,560 |
| Office expenses | $467,952 |
| Information technology | $63,443 |
| Royalties | $0 |
| Occupancy | $66,233 |
| Travel | $105,034 |
| 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 | $44,096 |
| Insurance | $155,519 |
| All other expenses | $82,086 |
| Total functional expenses | $13,006,367 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $170,098 |
| Savings and temporary cash investments | $1,763,205 |
| Pledges and grants receivable | $5,685,276 |
| Accounts receivable, net | $4,136,459 |
| 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 | $130,282 |
| Net Land, buildings, and equipment | $53,441 |
| Investments—publicly traded securities | $124,682 |
| Investments—other securities | $2,675,275 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $14,738,718 |
| Accounts payable and accrued expenses | $1,943,116 |
| Grants payable | $283,570 |
| 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 | $2,061,924 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $1,950 |
| Total liabilities | $4,290,560 |
| Net assets without donor restrictions | -$1,469,767 |
| Net assets with donor restrictions | $11,917,925 |
| 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 | $14,738,718 |
Grants Awarded
Over the last fiscal year, Fairmount Park Conservancy has awarded $255,000 in support to 3 organizations.
| Grant Recipient | Amount |
|---|---|
STRAWBERRY MANSION CDC PURPOSE: CIVIC COMMONS GRANT | $85,000 |
BARTRAM'S GARDEN PURPOSE: CIVIC COMMONS GRANT | $85,000 |
CENTENNIAL PARK CDC PURPOSE: CIVIC COMMONS GRANT | $85,000 |