Friends Of Heritage Park & Gardens Inc
- Assets
- $208.1k
- Revenue
- $135.1k
- Investments
- $0.0
- Employees
- 0
- Location
- Live Oak, FL
- Founding
- 03/2012
- Data as of
- 12/2022
- EIN
- 45-3563691
Organization Overview
Friends Of Heritage Park & Gardens Inc is located in Live Oak, FL. The organization was established in 2012. According to its NTEE Classification (N30) the organization is classified as: Physical Fitness & Community Recreational Facilities, 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. Friends Of Heritage Park & Gardens 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 12/2022, Friends Of Heritage Park & Gardens Inc generated $135.1k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 6.3% each year. All expenses for the organization totaled $124.2k during the year ending 12/2022. While expenses have increased by 4.5% per year over the past 8 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
THE NORTH/EASTERN SECTIONS OF THE HPG ARE INTENDED TO BE A RESOURCE ORIENTED, PASSIVE RECREATION ANND CULTURAL PARK WITH A MINIMUM OF FOUR RECREATIONAL FACILITIES AND A VOLNTEER STAFFED NATURE, CULTURAL ANND EDUCATIONAL FACILITY. THESE RECREATIONAL FACILITIES INCLUDE A PLAYGROUND, PICNIC PAVILLION, SAND VOLLEYBALL COURT AND A FRISBEE GOLD COURSE. THE SOUTH/WESTERN SECTIONS OF THE HPG (THE 34 ACRE PECAN GROVE) ARE PLANNED FOR FUTURE ACTIVE RECREATION SUCH AS YOUTH BALL FIELDS, TENNIS COURTS, AND MULTI-PURPOSE FIELDS. THE ABANDONED CSX RAILWAY CORRIDOR WILL BE DEVELOPED AND CONNECTED IN THE FUTURE TO OTHER PORTIONS OF THE RAILWAY CORRIDOR TO THE NORTH THUS PROVIDING CONNECTIVITY TO DOWNTOWN LIVE OAK VIA A MULTI-USE TRAIL. THESE FACILITIES WILL BE DESIGNED IN A MANNER THAT MINIMIZES IMPACTS TO NATURAL RESOURCES ON THE PROJECT SITE. PORTIONS OF THE PROPERTY WILL BE RESTORED OVER TIME TO THEIR ORIGINAL ECOLOGICAL VALUES AND FUNCTION. THE PROJECT SITE WILL BE MANAGED OVERALL FOR THE CONSERVA
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDE PUBLICLY ACCESSIBLE, PASSIVE & ACTIVE RECREATIONAL AND EDUCATIONAL AREAS
PROTECT AND MAINTAIN THE PROJECT SITE'S NATURAL AND HISTORICAL RESOURCES
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Susan Bell Secretary | OfficerTrustee | 0.25 | $0 |
Daniel Crapps Board Member | OfficerTrustee | 0.25 | $0 |
Nelda Croft Board Member | Trustee | 0.25 | $0 |
Joe Flanagan Board Member | OfficerTrustee | 0.25 | $0 |
Lyn Fletcher Board Member | Trustee | 0.25 | $0 |
Robert Ford Board Member | Trustee | 0.25 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $25,000 |
| All other contributions, gifts, grants, and similar amounts not included above | $97,625 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $122,625 |
| Total Program Service Revenue | $12,488 |
| Investment income | $4 |
| 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 | $135,117 |
| 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 | $3,321 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $5,056 |
| Office expenses | $757 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $25,671 |
| 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 | $17,380 |
| Insurance | $3,276 |
| All other expenses | $4,696 |
| Total functional expenses | $124,193 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $82,993 |
| 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 | $125,141 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $208,134 |
| 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 | $28,657 |
| Total liabilities | $28,657 |
| 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 | $179,477 |
| Total liabilities and net assets/fund balances | $208,134 |