Anchorage Park Foundation
- Assets
- $1.9m
- Revenue
- $1.9m
- Investments
- $299.0k
- Employees
- 7
- Location
- Anchorage, AK
- Founding
- 10/2010
- Data as of
- 12/2022
- EIN
- 41-2205907
Organization Overview
Anchorage Park Foundation is located in Anchorage, AK. The organization was established in 2010. According to its NTEE Classification (C30) the organization is classified as: Natural Resources Conservation & Protection, under the broad grouping of Environment and related organizations. As of 12/2023, Anchorage Park Foundation employed 7 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Anchorage 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 12/2022, Anchorage Park Foundation generated $1.9m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (5.3%) each year. All expenses for the organization totaled $1.7m during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (6.3%) per year over the past 8 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2022, Anchorage Park Foundation has awarded 12 individual grants totaling $157,566. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
BUILDS HEALTHY PARKS AND HEALTHY PEOPLE BY MOBILIZING PUBLIC SUPPORT AND FINANCIAL RESOURCES FOR ANCHORAGE PARKS, TRAILS, AND RECREATION OPPORTUNITIES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
TRAILS INITIATIVE - THE ANCHORAGE TRAILS INITIATIVE IS A COMMUNITY COALITION THAT EMPOWERS CITIZENS TO SPEAK UP FOR WALKABLE, BIKEABLE TRANSPORTATION STRATEGIES AND INVESTMENTS TO INCREASE CONNECTIVITY, IMPROVE HEALTH AND ATTRACT AND RETAIN TOP TALENT AND INVESTMENT TO ANCHORAGE.
COMMUNITY CHALLENGE GRANTS - ANCHORAGE PARK FOUNDATION'S COMMUNITY CHALLENGE GRANT PROGRAM SUPPORTS COMMUNITY-LED MUNICIPAL PARK AND TRAIL IMPROVEMENT PROJECTS THAT BENEFIT THE PUBLIC. THIS PROGRAM HAS TWO OVERARCHING GOALS: (1) IMPROVE ANCHORAGE PARKS, TRAILS AND FACILITIES (2) SUPPORT INDIVIDUALS, NEIGHBORHOODS, ORGANIZATIONS AND BUSINESSES THAT VALUE VOLUNTEERISM AND STEWARDSHIP FOR PUBLIC LANDS. SCHOOLS ON TRAILS: THIS PROGRAM IS DESIGNED TO GET STUDENTS OUTSIDE BY EMPOWERING ANCHORAGE TEACHERS WITH TOOLS AND TRAINING TO ENHANCE EDUCATION THROUGH OUTDOOR EXPERIENCES. CONNECTION TO NEARBY PARKS, TRAILS, AND GREEN SPACES IGNITE AN ADVENTUROUS SPIRIT AND ENCOURAGE A LOVE OF LEARNING AND INTRODUCE STUDENTS TO THEIR CLOSEST ENVIRONMENT. YOUTH EMPLOYMENT IN PARKS (YEP)- YEP IS A 10-WEEK SUMMER PROGRAM THAT HIRES ANCHORAGE TEENS TO COMPLETE PARK IMPROVEMENT PROJECTS. TEENS LEARN NATURAL RESOURCE MANAGEMENT JOB SKILLS BY BUILDING TRAILS AND RESTORING STREAM BANKS WHILE INCREASING CIVIC ENGAGEMENT, ENVIRONMENTAL AWARENESS, AND LEADERSHIP SKILLS. YEP IS DESIGNED TO POSITIVELY ENGAGE A NEW GENERATION OF DIVERSE YOUNG LEADERS AS CONSERVATION STEWARDS OF PUBLIC LANDS THROUGH MEANINGFUL JOB TRAINING, EMPLOYMENT AND EDUCATION. HEALTH ON TRAILS: ANCHORAGE PARK FOUNDATION ORGANIZES COMMUNITY GROUPS AND LEAD LOCAL INITIATIVES AND PROGRAMMING FOR PUBLIC ARE THE COMMUNITY LEAD FOR ANCHORAGE'S LIVE.WORK.PLAY COMMUNITY IMPROVEMENT EFFORTS TOWARD TRAILS, IMPLEMENTING CONNECTIONS, FACILITIES, SAFETY AND WAYFINDING IMPROVEMENTS TO ANCHORAGE'S 250+ MILES OF MAINTAINED MUNICIPAL TRAILS. INCLUSIVE PLAY: ANCHORAGE PARK FOUNDATION BELIEVES THAT NO CHILD SHOULD HAVE TO SIT ON THE SIDELINES AND WATCH THEIR PEERS PLAY. LEVERAGING THE PUBLIC-PRIVATE PARTNERSHIP THROUGH INCLUSIVE PLAY, THIS PROGRAM CREATES OUTDOOR SPACES WHERE CHILDREN AND ADULTS OF ALL ABILITIES CAN PLAY TOGETHER. ANCHORAGE PARK FOUNDATION WORKS WITH THE COMMUNITY TO PLAN AND DEVELOP EVEN MORE INCLUSIVE PLAYGROUNDS IN ANCHORAGE.
FISCAL SPONSORSHIP - ANCHORAGE PARK FOUNDATION RECEIVES FUNDS AND ADMINISTERS GRANTS IN SUPPORT OF OTHER ORGANIZATIONS FOR FUNDRAISING AND COMMUNITY PROJECTS WITHIN THE TAX-EXEMPT PURPOSES OF THE FOUNDATION.
NEIGHBORHOOD PARKS: ANCHORAGE PARK FOUNDATION PARTNERS WITH THE PARKS AND RECREATION DEPARTMENT AND COMMUNITY MEMBERS FOR PARK FIX ITS IN NEIGHBORHOOD PARKS. PARKS ARE SELECTED FROM IMPROVEMENTS BASED ON INFORMATION COLLECTED THROUGH PARK REPORT CARDS FILED OUT BY COMMUNITY VOLUNTEERS. EACH SUMMER SEVERAL PARKS ARE IDENTIFIED FOR NEIGHBORHOOD FIX ITS, SATURDAY MORNINGS THAT NEIGHBORS, COMMUNITY VOLUNTEERS, STAFF AND LOCAL CONTRACTORS WORK TOGETHER TO REVITALIZE PARKS. FROM REPLACING TRASH CANS AND PLAY EQUIPMENT TO RESTORING LANDSCAPING AND REMOVING GRAFFITI, ANCHORAGE PARK FOUNDATION GIVES PARKS A LASTING NEW LIFE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Elizabeth Nordlund Executive Di | Officer | 40 | $109,178 |
David Wight Board Chair | OfficerTrustee | 2 | $0 |
Shane Baird Secretary/tr | OfficerTrustee | 2 | $0 |
Eleanor Andrews Director | Trustee | 1 | $0 |
William Bittner Director | Trustee | 1 | $0 |
John Gliva Director | Trustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Eclipse Building And Remodeling Construction | 12/30/14 | $179,443 |
Jta Construction Llc Construction | 12/30/14 | $181,090 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $31,284 |
| Related organizations | $0 |
| Government grants | $456,780 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,344,510 |
| Noncash contributions included in lines 1a–1f | $48,945 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,832,574 |
| 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 | -$2,908 |
| Net Income from Gaming Activities | $23,733 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,853,399 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $115,515 |
| Grants and other assistance to domestic individuals. | $23,955 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $100,295 |
| Compensation of current officers, directors, key employees. | $35,107 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $300,737 |
| Pension plan accruals and contributions | $9,377 |
| Other employee benefits | $33,180 |
| Payroll taxes | $34,258 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $500 |
| Fees for services: Accounting | $49,104 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $6,967 |
| Office expenses | $45,961 |
| Information technology | $18,878 |
| Royalties | $0 |
| Occupancy | $34,264 |
| Travel | $9,442 |
| 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 | $4,039 |
| All other expenses | $0 |
| Total functional expenses | $1,652,526 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,092,526 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $472,911 |
| Accounts receivable, net | $326 |
| 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 | $8,444 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $298,976 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $72,769 |
| Total assets | $1,945,952 |
| Accounts payable and accrued expenses | $185,131 |
| Grants payable | $0 |
| Deferred revenue | $52 |
| 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 | $72,912 |
| Total liabilities | $258,095 |
| Net assets without donor restrictions | $748,415 |
| Net assets with donor restrictions | $939,442 |
| 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 | $1,945,952 |
Grants Awarded
Over the last fiscal year, Anchorage Park Foundation has awarded $42,051 in support to 5 organizations.
| Grant Recipient | Amount |
|---|---|
FAR NORTH BICENTENNIAL PARKBLM PURPOSE: TRAIL IMPROVEMENTS | $13,135 |
ANCHORAGE WEST LITTLE LEAGUE PURPOSE: BASEBALL FIELD | $10,000 |
FAIRVIEW COMMUNITY COUNCIL PURPOSE: LANDSCAPING | $7,220 |
RILKE SCHULE INC PURPOSE: PARK IMPROVEMENTS | $6,310 |
AIRPORT HEIGHTS COMMUNITY COUNCIL PURPOSE: PARK IMPROVEMENTS | $5,386 |