Indiana Parks And Recreation Association Foundation
- Assets
- $227.6k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Noblesville, IN
- Founding
- 03/2009
- Data as of
- 12/2023
- EIN
- 26-2987745
Organization Overview
Indiana Parks And Recreation Association Foundation is located in Noblesville, IN. The organization was established in 2009. According to its NTEE Classification (B82) the organization is classified as: Scholarships & Student Financial Aid, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Indiana Parks And Recreation Association 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 12/2023, Indiana Parks And Recreation Association Foundation generated $57.9k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 9.8% each year. All expenses for the organization totaled $51.5k during the year ending 12/2023. While expenses have increased by 17.1% per year over the past 8 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
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3
FOUNDATIONS PURPOSE IS TO ADMINISTER THE SCHOLARSHIP FUND OF THE INDIANA PARK AND RECREATION ASSOCIATION AS IS CONSISTENT WITH THE TERMS OF THE FUND, AND PROMOTE PARKS, RECREATION AND LEISURE SERVICES IN THE STATE OF INDIANA, THROUGH THE FOLLOWING OBJECTIVES:A) TO FOSTER AND SUPPORT RESEARCH IN THE FIELD OF PARK AND RECREATION, B) TO PROVIDE SCHOLARSHIPS TO STUDENTS, AND/OR PROFESSIONALS SUPPORTING THE FIELD OF PARK AND RECREATION AND C) TO SEEK WAYS TO BUILD, FACILITATE AND COLLABORATE WITH ALLIED ORGANIZATIONS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Dominic Cornett President | 3 | $0 | |
Will Lacey Vice President | 1 | $0 | |
Chris Stice Treasurer/secretary | 1 | $0 | |
Samantha Baker Board Member | 1 | $0 | |
Becky Barrick-Higgins Board Member | 1 | $0 | |
Amanda Bender Board Member | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $33,473 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $7,036 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $17,427 |
| Other Revenue | $0 |
| Total Revenue | $57,936 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $4,440 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $47,090 |
| Total expenses | $51,530 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $22,615 |
| Other assets | $0 |
| Total assets | $227,573 |
| Total liabilities | $25,825 |
| Net assets or fund balances | $201,748 |