Friends Of Wilmington Parks Inc
- Assets
- $297.8k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Montchanin, DE
- Founding
- 07/1992
- Data as of
- 06/2022
- EIN
- 51-0336991
Organization Overview
Friends Of Wilmington Parks Inc is located in Montchanin, DE. The organization was established in 1992. According to its NTEE Classification (C99) the organization is classified as: Environment N.E.C., 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. Friends Of Wilmington Parks 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 06/2022, Friends Of Wilmington Parks Inc generated $103.4k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (6.0%) each year. All expenses for the organization totaled $80.2k during the year ending 06/2022. As we would expect to see with falling revenues, expenses have declined by (12.5%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3
RESTORATION AND MAINTENANCE OF WILMINGTON PARKS, INCLUDING THE ROSE GARDEN AND ROCKFORD PARK CONCERT SERIES
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
David Sorber Treasurer | 2 | $0 | |
Andy Croce Vice President | 2 | $0 | |
Grant Dick Board Member | 2 | $0 | |
Ed Pankowski Board Member | 2 | $0 | |
Pamela Price Board Member | 2 | $0 | |
Joseph Scharf Secretary | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $38,485 |
| Total Program Service Revenue | $10,469 |
| Membership dues | $13,213 |
| Investment income | $25,815 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $15,388 |
| Other Revenue | $0 |
| Total Revenue | $103,370 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $27,852 |
| Professional fees and other payments to independent contractors | $8,038 |
| Occupancy, rent, utilities, and maintenance | $3,916 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $40,361 |
| Total expenses | $80,167 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $297,768 |
| Other assets | $0 |
| Total assets | $297,768 |
| Total liabilities | $0 |
| Net assets or fund balances | $297,768 |