Forest Park Foundation
- Assets
- $0.0
- Revenue
- $88.0k
- Investments
- $0.0
- Employees
- 0
- Location
- Peoria Heights, IL
- Founding
- 01/1952
- Data as of
- 06/2024
- EIN
- 37-0650006
Organization Overview
Forest Park Foundation is located in Peoria Heights, IL. The organization was established in 1952. According to its NTEE Classification (C60) the organization is classified as: Environmental Education, 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. Forest Park 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 06/2024, Forest Park Foundation generated $88.0k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (24.9%) each year. All expenses for the organization totaled $3.4m during the year ending 06/2024. You can explore the organizations financials more deeply in the financial statements section below.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2024
Describe the Organization's Program Activity:
Part 3 - Line 4a
CONSERVATION, RECREATION AND PARK OPERATIONS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Ladd Rutherford President | 2 | $0 | |
Suzanne Smith Secretary | 2 | $0 | |
James Tomlin Vp/treasurer | 10 | $25,000 | |
Anne Fox Director | 1 | $0 | |
Jan Rutherford Director | 1 | $0 | |
Rex Linder Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $3,722 |
| Dividends & Interest | $19,125 |
| Net Rental Income | -$3,428 |
| Net Gain on Sale of Assets | $60,081 |
| Capital Gain Net Income | $60,081 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $87,968 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $25,000 |
| Other employee salaries and wages | $15,725 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $2,146 |
| Depreciation | $6,181 |
| Occupancy | $11,048 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $12,980 |
| Total operating and administrative expenses | $85,770 |
| Contributions, gifts, grants paid | $3,315,606 |
| Total expenses and disbursements | $3,401,376 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $0 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $0 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Grants Awarded
Over the last fiscal year, Forest Park Foundation has awarded $318,560 in support to 3 organizations.
| Grant Recipient | Amount |
|---|---|
SUN FOUNDATION PURPOSE: OPERATIONS ENDOWNMENT | $1,000 |
PLEASURE DRIVEWAY & PARK DISTRICT PEORIA PURPOSE: OPERATIONS ENDOWNMENT | $125,800 |
FRIENDS OF WILDLIFE PRAIRIE PARK PURPOSE: MAINTENANCE AT PARK | $191,760 |