Westerville Parks Foundation
- Assets
- $397.8k
- Revenue
- $268.1k
- Investments
- $0.0
- Employees
- 0
- Location
- Westerville, OH
- Founding
- 02/2001
- Data as of
- 12/2021
- EIN
- 31-1719247
Organization Overview
Westerville Parks Foundation is located in Westerville, OH. The organization was established in 2001. According to its NTEE Classification (N32) the organization is classified as: Parks & Playgrounds, under the broad grouping of Recreation & Sports and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Westerville Parks 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 12/2021, Westerville Parks Foundation generated $268.1k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 15.2% each year . All expenses for the organization totaled $362.4k 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
CREATE FUNDING/RAISE COMMUNITY AWARENESS FOR THE CITY OF WESTERVILLE PARKS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
RAISE FUNDS TO PROVIDE FUNDING FOR WESTERVILLE PARKS INCLUDING ROLLER HOCKEY RINK, ADOPT-A-FOOT, VETERANS PROJECT, FINANCIAL ASSISTANCE, AND PARK BENCHES AT VARIOUS CITY OF WESTERVILLE PARKS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Dr Scott Ebbrecht Treasurer | Officer | 0.5 | $0 |
Mark Hopkins President | Officer | 1 | $0 |
Andee Cochren Member | Trustee | 0.5 | $0 |
Kathy Cocuzzi Member | Trustee | 0.5 | $0 |
Julie Colley Member | Trustee | 0.5 | $0 |
Larry Jenkins Member | Trustee | 0.5 | $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 | $251,240 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $251,240 |
| Total Program Service Revenue | $0 |
| Investment income | $4,051 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $12,853 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $268,144 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| 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 | $1,759 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $922 |
| Fees for services: Other | $0 |
| Advertising and promotion | $1,210 |
| Office expenses | $129 |
| 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 | $1,692 |
| All other expenses | $6,279 |
| Total functional expenses | $362,358 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,100 |
| Savings and temporary cash investments | $22,419 |
| 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 | $374,301 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $397,820 |
| 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 | $0 |
| Net assets with donor restrictions | $0 |
| 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 | $397,820 |
| Total liabilities and net assets/fund balances | $397,820 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Westerville Parks Foundation has recieved totaling $10,000.
| Awarding Organization | Amount |
|---|---|
Columbus Foundation Columbus, OH PURPOSE: CONSERVATION | $10,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Appalachian Trail Conservancy Harpers Ferry, WV | $31,433,012 | $14,528,575 |
Detroit Riverfront Conservancy Inc Detroit, MI | $162,240,177 | $18,294,537 |
21st Century Parks Inc Louisville, KY | $96,568,908 | $4,921,884 |
The Pittsburgh Parks Conservancy Pittsburgh, PA | $20,284,178 | $5,028,888 |
Detroit 300 Conservancy Detroit, MI | $4,896,723 | $5,340,808 |
John Bartram Association Philadelphia, PA | $5,352,246 | $2,805,370 |
Park Glen Corporation Columbus, OH | $3,224,171 | $4,744,005 |
Park Home Inc Montoursville, PA | $22,271,789 | $2,501,068 |
Dte Beacon Park Foundation Detroit, MI | $11,952,865 | $120,651 |
Cincinnati Parks Foundation Cincinnati, OH | $20,775,378 | $5,802,905 |
Traverse Area Recreation & Transportation Trails Inc Traverse City, MI | $8,125,074 | $2,931,318 |
Buhl Park Corporation Hermitage, PA | $630,019 | $2,157,285 |