Mead Park Association is located in Corry, PA. The organization was established in 1965. According to its NTEE Classification (C60) the organization is classified as: Environmental Education, under the broad grouping of Environment and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Mead Park Association 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, Mead Park Association generated $69.8k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 4.6% each year. All expenses for the organization totaled $122.0k during the year ending 12/2021. While expenses have increased by 6.6% 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
PUBLIC OUTDOOR RECREATION.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE ASSOCIATION PROVIDES OUTDOOR RECREATION AND MAINTAINS A PUBLIC PARK WITH PICNIC, PLAYGROUND, AND WATER ACTIVITIES YEAR ROUND.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
John Raines President | Officer | 5 | $0 |
Kelly Soety Treasurer | Officer | 5 | $0 |
Carlton Wassink Vice President | Officer | 5 | $0 |
Kylie Host-Frazzini Secretary | Officer | 5 | $0 |
Roberta Ayers Director | Trustee | 2 | $0 |
Bruce Burr Director | Trustee | 2 | $0 |
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 | $52,113 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $52,113 |
Total Program Service Revenue | $6,868 |
Investment income | $10,788 |
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 | $69,769 |
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 | $100 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $392 |
Advertising and promotion | $0 |
Office expenses | $1,264 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $20,089 |
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 | $79,751 |
Insurance | $6,823 |
All other expenses | $0 |
Total functional expenses | $121,957 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $224,651 |
Savings and temporary cash investments | $160,348 |
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 | $754,341 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $1,139,340 |
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 | $1,067,020 |
Net assets with donor restrictions | $72,320 |
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 | $1,139,340 |
Over the last fiscal year, we have identified 1 grants that Mead Park Association has recieved totaling $7.
Awarding Organization | Amount |
---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $7 |
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Institute For Energy Economics And Financial Analysis Inc Lakewood, OH | $13,305,538 | $13,260,731 |
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Cincinnati Nature Center Association Milford, OH | $46,378,150 | $9,446,687 |
New York City Outward Bound Center Inc Long Island City, NY | $12,099,741 | $5,496,519 |
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Watershed Institute Inc Pennington, NJ | $35,108,779 | $7,070,996 |
Delaware Nature Society Inc Hockessin, DE | $53,862,296 | $7,157,698 |