Friends Of Medina County Parks Inc
- Assets
- $1.3m
- Revenue
- $131.8k
- Investments
- $0.0
- Employees
- 0
- Location
- Medina, OH
- Founding
- 09/1997
- Data as of
- 12/2021
- EIN
- 34-1833809
Organization Overview
Friends Of Medina County Parks Inc is located in Medina, OH. The organization was established in 1997. According to its NTEE Classification (C50) the organization is classified as: Environmental Beautification, 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. Friends Of Medina County Parks 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, Friends Of Medina County Parks Inc generated $131.8k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (1.2%) each year. All expenses for the organization totaled $43.5k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (22.1%) per year over the past 7 years. 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
FRIENDS OF MEDINA COUNTY PARKS, INC. IS A NON-PROFIT ORGANIZATION OF INDIVIDUALS, FAMILIES, BUSINESSES AND ORGANIZATIONS DEDICATED TO PRESERVING GREEN SPACE AND PROVIDING RECREATIONAL AND EDUCATIONAL OPPORTUNITIES IN MEDINA COUNTY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
674 MEMBERS RECEIVING A NEWSLETTER, PARTICIPATING IN MEMBER ONLY EVENTS, AND DISCOUNTS ON MEDINA COUNTY OWNED PARK FACILITY RENTALS AND SUPPORTING EDUCATIONAL OPPORTUNITIES AND OPEN SPACE PRESERVATION FOR MEDINA COUNTY PARK DISTRICT
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jim Moore President | OfficerTrustee | 0 | $0 |
Suzanne Swain Vice President | OfficerTrustee | 0 | $0 |
Thomas James Secretarytreasurer | Officer | 0 | $0 |
Daniel Bertsch Trustee | Trustee | 0 | $0 |
John Kaminski Trustee | Trustee | 0 | $0 |
Robin Arona Trustee | Trustee | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $15,050 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $101,334 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $116,384 |
| Total Program Service Revenue | $15,317 |
| Investment income | $88 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $131,789 |
| 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 | $2,500 |
| 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 | $225 |
| Fees for services: Accounting | $250 |
| 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 | $3,767 |
| 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 | $1,358 |
| All other expenses | $0 |
| Total functional expenses | $43,464 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $230,072 |
| 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 | $73,917 |
| Investments—publicly traded securities | $968,297 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,272,286 |
| 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 | $130,618 |
| Net assets with donor restrictions | $1,141,668 |
| 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 | $1,272,286 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Friends Of Medina County Parks Inc has recieved totaling $2,000.
| Awarding Organization | Amount |
|---|---|
Kenneth And Barbara Wolff Foundation Medina, OH PURPOSE: ENDOWMENT FUND | $2,000 |
Endowment Analysis
| Beg. Balance | $194,242 |
| Earnings | $21,322 |
| Net Contributions | $28,489 |
| Ending Balance | $244,053 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Fairmount Park Conservancy Philadelphia, PA | $18,681,659 | $13,830,460 |
Keep Indianapolis Beautiful Inc Indianapolis, IN | $4,654,076 | $4,007,938 |
Columbiana Restoration & Beautification Committee Columbiana, OH | $434,099 | $3,165,275 |
National Center For Electronics Recyling Vienna, WV | $611,266 | $3,611,645 |
Capital Crossroads Spec Improvement District Of Columbia Inc Columbus, OH | $1,963,441 | $3,189,743 |
Friends Of Derry Township Parks & Recreation Hershey, PA | $223,882 | $913,516 |
Huron Waterloo Pathways Initiative Chelsea, MI | $4,436,306 | $2,820,236 |
Greening Of Detroit Detroit, MI | $1,182,772 | $1,508,840 |
Friends Of The Pittsburgh Urban Forest Pittsburgh, PA | $3,690,341 | $1,725,352 |
Pa Cleanways Greensburg, PA | $701,740 | $1,339,245 |
Chandler Park Conservancy Detroit, MI | $849,086 | $938,406 |
Flying Hills Open Space Trust Reading, PA | $1 | $968,071 |