Evansville Parks Foundation Inc
- Assets
- $645.8k
- Revenue
- $757.3k
- Investments
- $381.7k
- Employees
- 1
- Location
- Evansville, IN
- Founding
- 02/1982
- Data as of
- 12/2021
- EIN
- 35-1520591
Organization Overview
Evansville Parks Foundation Inc is located in Evansville, IN. The organization was established in 1982. 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. Evansville 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, Evansville Parks Foundation Inc generated $757.3k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 17.4% each year . All expenses for the organization totaled $953.9k during the year ending 12/2021. While expenses have increased by 20.1% 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 SUPPORT AND PROVIDE FOR FACILITIES, IMPROVMENTS, AND PROGRAMS FOR PARKS & RECREATION IN THE EVANSVILLE AREA AND IMPROVE THE QUATITY OF LIFE FOR ALL OF ITS CITIZENS
Describe the Organization's Program Activity:
Part 3 - Line 4a
GREENWAY - VARIOUS REPAIRS AND UPDATES NOT COVERED BY CITY FUNDING.
CITY PARKS - VARIOUS REPAIRS NOT COVERED BY CITY FUNDING.
CITY GOLF COURSES - VARIOUS REPAIRS NOT COVERED BY CITY FUNDING.
ROCHELLE SWIM TEAM, SPLASH INTO SUMMER, SWIM LESSONS, ICE SKATES FOR SWONDER, AND ENDOWMENT COMMITMENTS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jill Trautvetter Executive Director | Trustee | 15 | $25,000 |
Brooke Althaus Secretary | Officer | 2 | $0 |
Kevin Axsom President | Officer | 2 | $0 |
Ryan Clark Treasurer | Officer | 2 | $0 |
Tina Spears Assistant Treasurer | Officer | 2 | $0 |
Deb Loosemore Member | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $3,610 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $731,227 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $734,837 |
| Total Program Service Revenue | $0 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $22,415 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $757,252 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $922,364 |
| 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. | $25,000 |
| Compensation of current officers, directors, key employees. | $25,000 |
| 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 | $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 | $188 |
| Information technology | $1,439 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $1,989 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $2,889 |
| Total functional expenses | $953,869 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $264,137 |
| 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 | $381,709 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $645,846 |
| 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 | $32,142 |
| Net assets with donor restrictions | $613,704 |
| 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 | $645,846 |
Grants Awarded
Over the last fiscal year, Evansville Parks Foundation Inc has awarded $335,100 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
DEPARTMENT OF PARKS & RECREATION PURPOSE: DONATION TO VARIOUS PROJECTS | $326,534 |
Evansville, IN PURPOSE: DONATION TO VARIOUS PROJECTS | $8,566 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Evansville Parks Foundation Inc has recieved totaling $25,000.
| Awarding Organization | Amount |
|---|---|
Cecil A And Mabel Lene Hamman Foundation Inc Evansville, IN PURPOSE: CAPITAL CAMPAIGN | $25,000 |
Endowment Analysis
| Beg. Balance | $344,339 |
| Earnings | $37,370 |
| Ending Balance | $381,709 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Colorado Park 277 Corporation Chicago, IL | $265,380,571 | $11,072,050 |
Lake Park Associates Inc Chicago, IL | $84,892,237 | $7,736,352 |
21st Century Parks Inc Louisville, KY | $96,568,908 | $4,921,884 |
Champaign Parks Foundation Champaign, IL | $976,964 | $284,130 |
Gateway Arch Park Foundation St Louis, MO | $74,261,617 | $7,108,944 |
Grindstone Butte Mutual Canal Company Champaign, IL | $200 | $2,974,907 |
Illinois Association Of Park Districts Springfield, IL | $10,419,752 | $4,309,641 |
Millennium Park Foundation Chicago, IL | $52,901,717 | $12,169,207 |
Friends Of@sauk Prairie Parks And Recreation Inc Sauk City, WI | $5,893,890 | $2,059,173 |
Little Village Environmental Justice Organization Chicago, IL | $4,634,641 | $3,681,003 |
Ice Age Trail Alliance Cross Plains, WI | $12,975,124 | $3,561,895 |
Friends Of Hoyt Park Wauwatosa, WI | $6,559,517 | $1,528,114 |