Moorings Park Foundation Inc
- Assets
- $7.7m
- Revenue
- $2.8m
- Investments
- $0.0
- Employees
- 2
- Location
- Naples, FL
- Founding
- 04/2010
- Data as of
- 12/2023
- EIN
- 26-3631295
Organization Overview
Moorings Park Foundation Inc is located in Naples, FL. The organization was established in 2010. According to its NTEE Classification (P80) the organization is classified as: Centers to Support the Independence of Specific Populations, under the broad grouping of Human Services and related organizations. As of 12/2023, Moorings Park Foundation Inc employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Moorings Park Foundation Inc 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, Moorings Park Foundation Inc generated $2.8m in total revenue. This organization has experienced exceptional growth, as over the past 9 years, it has increased revenue by an average of 11.0% each year . All expenses for the organization totaled $2.8m during the year ending 12/2023. While expenses have increased by 2.5% per year over the past 9 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 2015, Moorings Park Foundation Inc has awarded 190 individual grants totaling $12,183,546. 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
TO CREATE A CULTURE OF PHILANTHROPY THAT PROVIDES OPPORTUNITIES TO BENEFIT THE RESIDENTS OF MOORINGS PARK, ITS EMPLOYEES, AND THE GREATER COMMUNITY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO CREATE A CULTURE OF PHILANTHROPY THAT PROVIDES OPPORTUNITIES TO BENEFIT THE RESIDENTS OF MOORINGS PARK, ITS EMPLOYEES, AND THE GREATER COMMUNITY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Daniel J Lavender President/chief Executive Officer | OfficerTrustee | 2 | $0 |
Ross Dickmann Chief Operating Officer | Officer | 2 | $0 |
Mary Morton CPA Chief Financial Officer | Officer | 2 | $0 |
David Rutstein Vice Chair, Chair (as Of 07.01.23) | OfficerTrustee | 2 | $0 |
Denis Mccarthy Secretary/treasurer | OfficerTrustee | 2 | $0 |
Glen Gronlund Chair (thru 06.30.23) | OfficerTrustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $500,461 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $2,075,324 |
| Noncash contributions included in lines 1a–1f | $3,172 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,575,785 |
| Total Program Service Revenue | $0 |
| Investment income | $100,657 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $153,617 |
| Net Income from Fundraising Events | -$36,804 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $2,793,255 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $1,655,381 |
| Grants and other assistance to domestic individuals. | $314,407 |
| 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 | $150,265 |
| Pension plan accruals and contributions | $5,209 |
| Other employee benefits | $25,049 |
| Payroll taxes | $10,939 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $16,467 |
| Fees for services: Other | $25,325 |
| Advertising and promotion | $31,029 |
| Office expenses | $0 |
| Information technology | $2,977 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $1,403 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $1,125 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $2,763,326 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $2,842,584 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $267,450 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $9,923 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $1,026 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $4,577,753 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $7,698,736 |
| Accounts payable and accrued expenses | $11,672 |
| 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 | $127,508 |
| Total liabilities | $139,180 |
| Net assets without donor restrictions | $5,184,912 |
| Net assets with donor restrictions | $2,374,644 |
| 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 | $7,698,736 |
Grants Awarded
Over the last fiscal year, Moorings Park Foundation Inc has awarded $1,643,763 in support to 29 organizations.
| Grant Recipient | Amount |
|---|---|
ALZHEIMER'S DISEASE AND RELATED DISORDER ASSOCIATION INC FLORIDA GULF COAST PURPOSE: TO PROVIDE AND ENHANCE CARE AND SUPPORT FOR ALL THOSE AFFECTED BY ALZHEIMERS AND OTHER DEMENTIAS | $6,000 |
AVOW HOSPICE INC PURPOSE: BEREAVEMENT SUPPORT GROUPS | $20,000 |
BEVERLY'S ANGELS INC PURPOSE: TO PROVIDE CHILDREN AND THEIR FAMILIES WITH BASIC ESSENTIALS | $35,000 |
CANCER ALLIANCE NETWORK INC PURPOSE: SUPPORT CANCER HEALTH SOLUTIONS FOR PREVENTION AND TREATMENT SERVICES | $25,000 |
THE EDUCATION FOUNDATION OF COLLIER COUNTY INC PURPOSE: SCHOLARSHIPS FOR HIGHER EDUCATION | $7,000 |
COLLIER RESOURCE CENTER INC PURPOSE: EMPOWER THE PEOPLE OF COLLIER COUNTY THROUGH INFORMATION, REFERRALS, ADVOCACY AND CASE MANAGEMENT | $25,000 |