Omaha Parks Foundation Inc
- Assets
- $4.3m
- Revenue
- $3.2m
- Investments
- $0.0
- Employees
- 1
- Location
- Omaha, NE
- Founding
- 01/2011
- Data as of
- 12/2021
- EIN
- 27-3185565
Organization Overview
Omaha Parks Foundation Inc is located in Omaha, NE. The organization was established in 2011. According to its NTEE Classification (C12) the organization is classified as: Fund Raising & Fund Distribution, 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. Omaha Parks 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 12/2021, Omaha Parks Foundation Inc generated $3.2m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 19.0% each year . All expenses for the organization totaled $2.3m during the year ending 12/2021. While expenses have increased by 14.2% 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
TO ENHANCE THE QUALITY OF OUR PARK SYSTEM THROUGH PHILANTHROPIC SUPPORT AND INVESTMENT.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE FOUNDATION FUNDS A VARIETY OF PROJECTS IN THREE MAJOR AREAS:COMMUNITY-BASED PROGRAMSPARK INFRASTRUCTURE, REVITALIZATION, & DEVELOPMENTNEIGHBORHOOD & SPECIAL INTEREST PARKS
THE PLAYGROUND INITIATIVE WILL CONNECT PUBLIC AND PRIVATE FUNDING AS A MEANS TO ACHIEVING TIMELY AND CONTINUAL RENOVATIONS TO EXISTING CITY OF OMAHA PARK PLAYGROUNDS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Phil Mchenry Treasurer | OfficerTrustee | 2 | $0 |
James Waldron Secretary | OfficerTrustee | 2 | $0 |
Debra Parsow President | OfficerTrustee | 10 | $0 |
Matt Germonprez Vice President | OfficerTrustee | 2 | $0 |
Ann Strauss Hosford Board Member | Trustee | 2 | $0 |
Abraham Mora Board Member | Trustee | 2 | $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 | $3,185,900 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $3,185,900 |
| Total Program Service Revenue | $0 |
| Investment income | $10,010 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $34,402 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $3,230,312 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $2,189,383 |
| 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 | $19,703 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $1,385 |
| 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 | $1,907 |
| All other expenses | $3,962 |
| Total functional expenses | $2,298,139 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $4,269,270 |
| 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 | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $4,269,270 |
| 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 | $729 |
| Total liabilities | $729 |
| Net assets without donor restrictions | $238,851 |
| Net assets with donor restrictions | $4,029,690 |
| 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 | $4,269,270 |
Grants Recieved
Over the last fiscal year, we have identified 12 grants that Omaha Parks Foundation Inc has recieved totaling $3,466,350.
| Awarding Organization | Amount |
|---|---|
Sherwood Foundation Omaha, NE PURPOSE: NORTH OMAHA TRAIL PROJECT | $2,551,000 |
Peter Kiewit Foundation Omaha, NE PURPOSE: TO PROVIDE CAPITAL SUPPORT FOR THE TRAIL CONNECTING DEMOCRACY PARK TO CUNNINGHAM LAKE AND/OR THE NORTH OMAHA TRAIL ALONG NORTH 24TH STREET. | $535,000 |
Robert B Daugherty Foundation Omaha, NE PURPOSE: CAPITAL PROJECT | $200,000 |
Sherwood Foundation Omaha, NE PURPOSE: MEMORIAL PARK CONCERT 2021 | $100,000 |
Sherwood Foundation Omaha, NE PURPOSE: TREE MATCH | $50,000 |
The Lozier Foundation Omaha, NE PURPOSE: EPIC! SAFE PLACES TO PLAY INITIATIVE | $13,200 |
Endowment Analysis
| Beg. Balance | $22,000 |
| Ending Balance | $22,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Global Greengrants Fund Inc Boulder, CO | $16,415,997 | $17,540,214 |
Colorado Youth Corps Association Denver, CO | $2,620,543 | $6,453,411 |
Omaha Parks Foundation Inc Omaha, NE | $4,269,270 | $3,230,312 |
Clean Water Here Foundation Longmont, CO | $17,477,415 | $20,972,810 |
Colorado Mountain Club Foundation Golden, CO | $1,014,831 | $141,536 |
The Jackson Hole One Fly Foundation Jackson, WY | $1,254,862 | $344,885 |
Kansas Wildscape Foundation Newton, KS | $803,284 | $363,973 |
Common Foundation Boulder, CO | $96,250 | $248,759 |
Magnificent Missouri Inc St Louis, MO | $904,562 | $644,190 |
Conservation Enhancement Fund Jefferson City, MO | $91,628 | $0 |
Conservation Foundation Of Missouri Charitable Trust Jefferson City, MO | $1,207,515 | $133,265 |
Missouri Environmental Fund Saint Louis, MO | $0 | $0 |