The Parks Foundation Of Hendricks County Inc
- Assets
- $151.0k
- Revenue
- $190.9k
- Investments
- $0.0
- Employees
- 1
- Location
- Danville, IN
- Founding
- 08/2009
- Data as of
- 12/2023
- EIN
- 26-3956104
Organization Overview
The Parks Foundation Of Hendricks County Inc is located in Danville, IN. The organization was established in 2009. According to its NTEE Classification (C11) the organization is classified as: Single Organization Support, 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. Parks Foundation Of Hendricks County 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, Parks Foundation Of Hendricks County Inc generated $190.9k in total revenue. This organization has experienced exceptional growth, as over the past 9 years, it has increased revenue by an average of 10.3% each year . All expenses for the organization totaled $145.6k during the year ending 12/2023. While expenses have increased by 15.2% 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
THE PARKS FOUNDATION OF HENDRICKS COUNTY WAS FOUNDED IN 2009 TO FUND PROJECTS THAT WILL ENHANCE OUR COUNTY AND PROMOTE PHYSICAL AND SPIRITUAL WELL-BEING OF HENDRICK'S COUNTY RESIDENTS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
EACH SUMMER, THE PARKS FOUNDATION OF HENDRICKS COUNTY HOSTS THE SUMMER FUN RUN SERIES, AN ANNUAL NON-COMPETITIVE AND FAMILY-FRIENDLY RUNNING / WALKING TOUR THROUGH 12 DIFFERENT PARKS AND TRAILS THROUGHOUT HENDRICKS COUNTY, INDIANA. GOALS:1. RAISE MONEY THROUGH SPONSORSHIP, REGISTRATION, AND INDIVIDUAL DONATIONS.2. ATTRACT 600+ INDIVIDUALS TO REGISTER AND ATTEND EVENT.STRATEGY:CREATE EXCITEMENT ABOUT OUTDOOR SPACES THROUGHOUT HENDRICKS COUNTY BY EXPOSING THE COMMUNITY TO DIFFERENT PARKS AND TRAILS THROUGHOUT THE SUMMER. PROVIDE EDUCATION ON HOW PARKS STRENGTHEN OUR COMMUNITY AND THEIR MANY NEEDS FOR ADDITIONAL FUNDING TO INFLUENCE RESIDENTS OF HENDRICKS COUNTY TO BECOME DONORS OF THE FOUNDATION. AUDIENCE:1. PREVIOUS PARTICIPANTS INDIVIDUALS AND FAMILIES2. EXISTING DONORS AND FRIENDS3. CORPORATE SPONSORS, THEIR EMPLOYEES AND CUSTOMERS4. HENDRICKS COUNTY RESIDENTS AND VISITORS5. INDIVIDUALS WHO ENJOY PARKS AND/OR FAMILIES WITH CHILDRENFUNDS RAISED FROM THE SUMMER FUN RUN ARE USED TO PROVIDE GRANTS TO THE LOCAL PARK DEPARTMENTS TO SUPPORT PROJECTS LIKE THE FOLLOWING:-CONSERVATION SIGNAGE ON THE WHITE LICK CREEK GREENWAY IN BROWNSBURG -PLANTING NEW TREES AND WILDFLOWERS IN GARY EAKIN PARK IN DANVILLE-A NEW AND IMPROVED HABITAT FOR OMNI THE TURTLE AT WASHINGTON TOWNSHIP PARKS & REC -DIRECTIONAL SIGNAGE ON SCAMAHORN WALKING TRAIL IN PITTSBORO-ADDITIONAL SEATING FOR SPECIAL EVENTS AT AVON TOWN HALL-COMMUNICATION BOARDS TO HELP CHILDREN THAT ARE NONVERBAL PARTICIPATE IN THE PLAY PROCESSVISION STATEMENT: TO CULTIVATE THRIVING OUTDOOR EXPERIENCES.MISSION STATEMENT: TO GROW FINANCIAL RESOURCES TO ENHANCE THE COUNTY'S PUBLIC PARKS AND TRAILS.
PFOHC RUNS TWO GRANT CYCLES EACH YEAR. IN 2023 WE GAVE AWAY $52,425.60 TO FUND 7 PROJECTS. THE FIRST GRANT CYCLE WAS THE GARY EMSWELLER PARKS AND TRAILS FUND. WE GAVE 5 GRANTS IN 2023 TOTALING $47,000. THE SECOND GRANT CYCLE WAS THE ROBERT WOOD ENVIRONMENTAL EDUCATION FUND. WE GAVE 2 GRANTS IN 2023 TOTALING $5,424.60.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Matthew Browning President | OfficerTrustee | 2 | $0 |
Marvin Blade Vice President | OfficerTrustee | 2 | $0 |
Kevin Miller Treasurer | OfficerTrustee | 2 | $0 |
Adam Scott Secretary | OfficerTrustee | 2 | $0 |
Brad Eisenhart Immediate Past President | Trustee | 1 | $0 |
Jeff Banning Board Member | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $38,167 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $142,239 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $180,406 |
| Total Program Service Revenue | $0 |
| Investment income | $2,697 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $7,832 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $190,935 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $63,655 |
| 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 | $36,225 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $2,464 |
| Payroll taxes | $2,818 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $105 |
| Fees for services: Accounting | $4,600 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $9,938 |
| Advertising and promotion | $7,296 |
| Office expenses | $5,476 |
| Information technology | $3,172 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $754 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $650 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $607 |
| All other expenses | $0 |
| Total functional expenses | $145,612 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $15,311 |
| Savings and temporary cash investments | $135,707 |
| 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 | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $151,018 |
| 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 | $30,648 |
| Net assets with donor restrictions | $120,370 |
| 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 | $151,018 |
Grants Awarded
Over the last fiscal year, The Parks Foundation Of Hendricks County Inc has awarded $48,725 in support to 4 organizations.
| Grant Recipient | Amount |
|---|---|
HENDRICKS COUNTY PARKS & RECREATION PURPOSE: NEW SWINGS AT MCCLOUD NATURE PARK AND SECOND GRANT FOR UPDATES TO THE NATURE CENTER AT MCCLOUD | $17,265 |
BROWNSBURG PARKS & RECREATION PURPOSE: OUTDOOR EXERCISE EQUIPMENT FOR VIRGIL PARK | $17,200 |
DANVILLE PARKS & RECREATION PURPOSE: TREES AND WILDFLOWERS AND SECOND GRANT FOR SUMMER EDUCATION PROGRAM FOR YOUTH | $9,060 |
PITTSBORO PARKS & RECREATION PURPOSE: NEW SEATING AREA NEAR PICKLEBALL COURTS | $5,200 |