Metro Nashville Parks Foundation
- Assets
- $861.4k
- Revenue
- $366.5k
- Investments
- $0.0
- Employees
- 1
- Location
- Nashville, TN
- Founding
- 01/2016
- Data as of
- 12/2023
- EIN
- 47-3639207
Organization Overview
Metro Nashville Parks Foundation is located in Nashville, TN. The organization was established in 2016. According to its NTEE Classification (C11) the organization is classified as: Single Organization Support, 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. Metro Nashville Parks 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 12/2023, Metro Nashville Parks Foundation generated $366.5k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 7.6% each year. All expenses for the organization totaled $122.4k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2021, Metro Nashville Parks Foundation has awarded 13 individual grants totaling $794,191. 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
ENHANCES METRO NASHVILLE PUBLIC PARKS & RECREATIONAL FACILITIES IN DAVIDSON COUNTY TN
Describe the Organization's Program Activity:
Part 3 - Line 4a
NASHVILLE PARKS FOUNDATION ENHANCES METRO'S 178 PUBLIC PARKS, PROMOTES THE SUSTAINABLE GROWTH OF THE PARK SYSTEM AND EXPANDS RECREATIONAL OPPORTUNITIES IN 27 COMMUNITY CENTERS THROUGHOUT DAVIDSON COUNTY
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kabir Sandhu Chair | OfficerTrustee | 10 | $0 |
Jillian Frist Vice Chair | OfficerTrustee | 10 | $0 |
Tommy Lynch Treasurer | OfficerTrustee | 4 | $0 |
Robert Laird Secretary | OfficerTrustee | 10 | $0 |
Kristin Brassell Director | Trustee | 4 | $0 |
Patricia Knight Director | Trustee | 4 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $70,265 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $331,437 |
| Noncash contributions included in lines 1a–1f | $1,082 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $401,702 |
| Total Program Service Revenue | $0 |
| Investment income | $6,599 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | -$41,769 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $366,532 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $25,000 |
| 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. | $55,000 |
| Compensation of current officers, directors, key employees. | $5,500 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $4,208 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $6,346 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $2,579 |
| Advertising and promotion | $15,860 |
| Office expenses | $90 |
| Information technology | $5,776 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $35 |
| 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 | $1,516 |
| All other expenses | $0 |
| Total functional expenses | $122,372 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $853,280 |
| 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 | $1,083 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $7,000 |
| Total assets | $861,363 |
| Accounts payable and accrued expenses | $2,861 |
| 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 | $2,861 |
| Net assets without donor restrictions | $723,462 |
| Net assets with donor restrictions | $135,040 |
| 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 | $861,363 |
Grants Awarded
Over the last fiscal year, Metro Nashville Parks Foundation has awarded $55,687 in support to 3 organizations.
| Grant Recipient | Amount |
|---|---|
METRO NASHVILLE PARKS DEPT PURPOSE: THE PARK AT MADISON STATION BLVD DESIGN SCHEMATIC, EARTH DAY SPONSOR, WATKINS PARK PUMP TRACK BUILD OUT, CEDAR HILL SCULPTURE, EMPLOYEE APPRECIATION EVENTS FOR PARKS | $20,687 |
METRO NASHVILLE PARKS DEPT PURPOSE: BETTY BROWN TREE TRAIL, MAINTENANCE OF TREES, PRUNING | $10,000 |
METRO NASHVILLE PARKS DEPT PURPOSE: PROGRAMMING FOR COMMUNITY CENTERS: CLEVELAND, SYSTEM WIDE ANTI-BULLING RALLY /WALK HELD AT HADLEY PARK | $25,000 |