Great Parks Forever
- Assets
- $12.9m
- Revenue
- $2.6m
- Investments
- $0.0
- Employees
- 0
- Location
- Cincinnati, OH
- Founding
- 08/2008
- Data as of
- 12/2021
- EIN
- 26-1559254
Organization Overview
Great Parks Forever is located in Cincinnati, OH. The organization was established in 2008. According to its NTEE Classification (C50) the organization is classified as: Environmental Beautification, 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. Great Parks Forever 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, Great Parks Forever generated $2.6m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 30.7% each year . All expenses for the organization totaled $397.0k during the year ending 12/2021. 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 FOUNDATION'S SOLE PURPOSE IS TO ASSIST THE GREAT PARKS OF HAMILTON COUNTY IN ACQUIRING, PROTECTING, OPERATING AND ENHANCING REGIONAL PARKLAND AND PROVIDING OUTSTANDING OUTDOOR RECREATION AND NATURE EDUCATION SERVICES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE FOUNDATION PROVIDED FINANCIAL ASSISTANCE TO THE GREAT PARKS OF HAMILTON COUNTY TO CARRY OUT ITS' MISSION.THE ORGANIZATION WAS NAMED THE BENEFICIARY OF A PERPETUAL TRUST TO PROVIDE ONGOING SUPPORT OF THE PARKS IN THE AMOUNT OF $1,746,133 WHICH IS INCLUDED IN THE REVENUE AMOUNT ABOVE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Andrew Chamberlain Secretary | Officer | 1 | $0 |
Scott Keller Treasurer | Officer | 1 | $0 |
Mark Angel President | Officer | 1 | $0 |
Kari Wethington Board Member | Trustee | 1 | $0 |
Jeff Yund Board Member | Trustee | 1 | $0 |
Ann Frederick Board Member | Trustee | 1 | $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 | $2,186,259 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,186,259 |
| Total Program Service Revenue | $0 |
| Investment income | $348,326 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $21,437 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $2,556,022 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $96,639 |
| 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 | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $75,000 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $195,277 |
| Advertising and promotion | $1,154 |
| Office expenses | $0 |
| 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 | $1,239 |
| All other expenses | $0 |
| Total functional expenses | $397,006 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $488,155 |
| 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 | $10,608,122 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $1,778,280 |
| Total assets | $12,874,557 |
| 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 | $10,689,912 |
| Net assets with donor restrictions | $2,184,645 |
| 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 | $12,874,557 |
Grants Recieved
Over the last fiscal year, we have identified 7 grants that Great Parks Forever has recieved totaling $73,923.
| Awarding Organization | Amount |
|---|---|
Charles H Dater Foundation Inc Cincinnati, OH PURPOSE: GETTING BACK TO LEARNING AND EXPLORATION ATGREAT PARKS | $25,000 |
Johnson Charitable Gift Fund Cincinnati, OH PURPOSE: GENERAL FUND | $19,000 |
The Duke Energy Foundation Charlotte, NC PURPOSE: CLIMATE RESILIENCY | $10,000 |
Greater Cincinnati Foundation Cincinnati, OH PURPOSE: GENERAL PURPOSE | $9,803 |
Dorothy B Francis Charitable Founda Tion Cincinnati, OH PURPOSE: GENERAL CHARITABLE | $5,000 |
International Paper Company Foundation Memphis, TN PURPOSE: TRIPLE CREEK TREE PLANTING | $5,000 |
Endowment Analysis
| Beg. Balance | $152,723 |
| Earnings | $17,872 |
| Net Contributions | $191 |
| Other Expense | $108 |
| Ending Balance | $170,678 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Fairmount Park Conservancy Philadelphia, PA | $18,681,659 | $13,830,460 |
Keep Indianapolis Beautiful Inc Indianapolis, IN | $4,654,076 | $4,007,938 |
Columbiana Restoration & Beautification Committee Columbiana, OH | $434,099 | $3,165,275 |
National Center For Electronics Recyling Vienna, WV | $611,266 | $3,611,645 |
Capital Crossroads Spec Improvement District Of Columbia Inc Columbus, OH | $1,963,441 | $3,189,743 |
Friends Of Derry Township Parks & Recreation Hershey, PA | $223,882 | $913,516 |
Huron Waterloo Pathways Initiative Chelsea, MI | $4,436,306 | $2,820,236 |
Greening Of Detroit Detroit, MI | $1,182,772 | $1,508,840 |
Friends Of The Pittsburgh Urban Forest Pittsburgh, PA | $3,690,341 | $1,725,352 |
Pa Cleanways Greensburg, PA | $701,740 | $1,339,245 |
Chandler Park Conservancy Detroit, MI | $849,086 | $938,406 |
Flying Hills Open Space Trust Reading, PA | $1 | $968,071 |