Parkhurst Field Foundation Inc
- Assets
- $430.1k
- Revenue
- $399.8k
- Investments
- $0.0
- Employees
- 0
- Location
- Gloversville, NY
- Founding
- 07/2014
- Data as of
- 12/2021
- EIN
- 47-1405768
Organization Overview
Parkhurst Field Foundation Inc is located in Gloversville, NY. The organization was established in 2014. According to its NTEE Classification (N12) the organization is classified as: Fund Raising & Fund Distribution, 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. Parkhurst Field 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
WAS FORMED TO PROMOTE AND PRESERVE PARKHURST FIELD IN GLOVERSVILLE NY AS THE "ORIGINAL FIELD OF DREAMS" AND THE OLDEST BASEBALL GROUNDS USED BY ANY LITTLE LEAGUE IN AMERICA. OUR MISSION IS TO CHRONICLE IT'S RICH HISTORY PROMOTE IT'S HISTORIC SIGNIFICANCE THROUGH MEDIA EVENTS REDEVELOP AS A BASEBALL DESTINATION.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PHASE ONE: NEW GRANDSTAND PREMIER FIELD & CONCESSION STAND. 2022 WAS FOCUSED ON ENGINEERING EXPENSES CT MALE; ORDERING OF GRANDSTANDS AND SITE WORK AS OUTLINED IN PHASE 1 AS NOTED BELOW: CONSTRUCTION OF NEW GRANDSTANDS THE PREMIER FIELD AND CONCESSION STAND. THE LARGEST CONSTRUCTION ON PARKHURST FIELD INVOLVES THE FRONT OF THE FACILITY FACING HARRISON STREET AND THE SPACE WHERE THE ORIGINAL A,J&G GRANDSTANDS AND BALLPARK WAS LOCATED. 98% OF THE 2021 REVENUE WAS RECEIVED IN 4TH QUARTER 2021. THIS WILL NOW ALLOW PHASE 1 OF THE PROJECT TO BEGIN THE SPRING 2022 AS THE SEASON WARMS UP AND THE FIELDS CAN NOW BE WORKED ON.
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Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $8,869 |
| Related organizations | $0 |
| Government grants | $250,000 |
| All other contributions, gifts, grants, and similar amounts not included above | $140,000 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $398,869 |
| 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 | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $910 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $399,779 |
| 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 | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $10,000 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| 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 | $2,170 |
| All other expenses | $123 |
| Total functional expenses | $12,293 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $397,302 |
| 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 | $2,394 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $30,376 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $430,072 |
| 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 | $180,072 |
| Net assets with donor restrictions | $250,000 |
| 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 | $430,072 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Parkhurst Field Foundation Inc has recieved totaling $20,000.
| Awarding Organization | Amount |
|---|---|
Taylor Family Foundation Inc Gloversville, NY PURPOSE: GENERAL PURPOSES | $20,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Usta Foundation Incorporated White Plains, NY | $21,092,938 | $14,501,704 |
Womens Sports Foundation New York, NY | $6,988,365 | $6,164,478 |
Roy A Hunt Foundation Pittsburgh, PA | $0 | $8,030,266 |
Pennsylvania National Horse Show Foundation Harrisburg, PA | $536,390 | $3,371,373 |
Sports Humanitarian Group Inc New York, NY | $2,335,161 | $3,283,483 |
Fisher Brothers Foundation Inc New York, NY | $22,918 | $2,660,000 |
Emerald Necklace Conservancy Inc Boston, MA | $8,051,626 | $2,747,205 |
Boston Celtics Shamrock Foundation Inc Boston, MA | $4,628,419 | $2,472,542 |
Kelly S Brush Foundation Burlington, VT | $1,595,240 | $2,359,951 |
Reamstown Athletic Association Reamstown, PA | $734,775 | $1,303,779 |
Connecticut Cancer Foundation Inc Old Saybrook, CT | $10,759,734 | $1,881,982 |
Fishoff Family Foundation Flushing, NY | $3,998,225 | $548,703 |