Parks & People Foundation Inc
- Assets
- $15.5m
- Revenue
- $3.3m
- Investments
- $0.0
- Employees
- 77
- Location
- Baltimore, MD
- Founding
- 08/1984
- Data as of
- 12/2020
- EIN
- 52-1349346
Organization Overview
Parks & People Foundation Inc is located in Baltimore, MD. The organization was established in 1984. According to its NTEE Classification (N32) the organization is classified as: Parks & Playgrounds, under the broad grouping of Recreation & Sports and related organizations. As of 12/2020, Parks & People Foundation Inc employed 77 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Parks & People 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.
For the year ending 12/2020, Parks & People Foundation Inc generated $3.3m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (13.6%) each year. All expenses for the organization totaled $2.8m during the year ending 12/2020. As we would expect to see with falling revenues, expenses have declined by (12.7%) per year over the past 6 years. 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
2020
Describe the Organization's Mission:
Part 3 - Line 1
TO UNITE BALTIMORE THROUGH PARKS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE FOUNDATION HELPS COMMUNITIES TO IMPROVE THE PHYSICAL, SOCIAL AND ENVIRONMENTAL QUALITY OF THEIR NEIGHBORHOODS THROUGH IMPROVEMENT OF AND PROVIDING ACCESS TO GREEN SPACES.
THE FOUNDATION DESIGNS AND OPERATES A SIX-WEEK ACADEMIC ENRICHMENT PROGRAM DESIGNED TO HELP ELEMENTARY SCHOOL-AGED STUDENTS IN BALTIMORE CITY IMPROVE OR MAINTAIN THEIR SCHOLASTIC SKILLS DURING THE SUMMER MONTHS
THE FOUNDATION OFFERS AN INNOVATIVE YEAR-ROUND PAID INTERNSHIP AND SUMMER JOBS PROGRAM FOR BALTIMORE CITY HIGH SCHOOL YOUTH, WORKING WITH STUDENTS TO TRANSITION FROM HIGH SCHOOL INTO LIVING WAGE GREEN CAREERS.
THE FOUNDATION OFFERS A MIDDLE SCHOOL SPORTS PROGRAM WITH A TRI-PART FOCUS ON PHYSICAL LITERACY, CHARACTER DEVELOPMENT AND ENVIRONMENTAL EDUCATION.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Franklin Lance President/ceo/director | Officer | 50 | $127,434 |
Shannon Kief Director Of Finance | Officer | 40 | $107,550 |
Matthew Kostmayer Chair/director | OfficerTrustee | 1 | $0 |
John C Woloszyn Vice Chair/secretary/director | OfficerTrustee | 1 | $0 |
Laura Perry Vice Chair (part Year)/director | OfficerTrustee | 1 | $0 |
Steve Kuhr Treasurer/director | OfficerTrustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
P Flanigan & Sons Inc Construction | 12/30/18 | $747,952 |
Poole Landscaping Llc Construction | 12/30/18 | $134,222 |
D & A Dunlevy Landscapers Inc Construction | 12/30/18 | $107,844 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $4,848 |
| Membership dues | $0 |
| Fundraising events | $64,403 |
| Related organizations | $0 |
| Government grants | $1,776,530 |
| All other contributions, gifts, grants, and similar amounts not included above | $966,834 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,812,615 |
| Total Program Service Revenue | $990 |
| Investment income | $40,463 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $3,137 |
| Net Gain/Loss on Asset Sales | $441,597 |
| Net Income from Fundraising Events | -$10,920 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $3,287,882 |
| 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. | $253,583 |
| Compensation of current officers, directors, key employees. | $253,583 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,047,683 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $130,424 |
| Payroll taxes | $112,480 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $3,763 |
| Fees for services: Accounting | $35,425 |
| Fees for services: Lobbying | $300 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $41,260 |
| Fees for services: Other | $485,753 |
| Advertising and promotion | $9,634 |
| Office expenses | $4,038 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $71,388 |
| Travel | $24,559 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $13,770 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $267,017 |
| Insurance | $42,899 |
| All other expenses | $23,742 |
| Total functional expenses | $2,787,958 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $233,622 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $1,241,658 |
| 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 | $10,024,581 |
| Investments—publicly traded securities | $3,887,055 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $97,542 |
| Total assets | $15,484,458 |
| Accounts payable and accrued expenses | $311,639 |
| Grants payable | $0 |
| Deferred revenue | $75,896 |
| 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 | $351,786 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $97,542 |
| Total liabilities | $836,863 |
| Net assets without donor restrictions | $12,348,285 |
| Net assets with donor restrictions | $2,299,310 |
| 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 | $15,484,458 |
Grants Awarded
Over the last fiscal year, Parks & People Foundation Inc has awarded $209,000 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
Baltimore, MD PURPOSE: GENERAL SUPPORT | $200,000 |
Baltimore, MD PURPOSE: GENERAL SUPPORT | $9,000 |
Grants Recieved
Over the last fiscal year, we have identified 28 grants that Parks & People Foundation Inc has recieved totaling $804,005.
| Awarding Organization | Amount |
|---|---|
Andrew W Mellon Foundation New York, NY PURPOSE: TO SUPPORT OPERATING COSTS AND PROGRAMMING FOR BLUE LIGHT JUNCTION | $150,000 |
The Harry & Jeanette Weinberg Foundation Inc Owings Mills, MD PURPOSE: TO SUPPORT PARKS & PEOPLES CORE OPERATIONS AND ITS PROVISION OF CRITICAL K-12 ENRICHMENT PROGRAMS AND TRANSFORMATIVE PARK PROJECTS IN LOW-INCOME NEIGHBORHOODS THAT LACK EQUITABLE ACCESS TO GREEN SPACE. | $100,000 |
Local Initiatives Support Corporation New York, NY PURPOSE: SEE PART IV | $75,000 |
Kentfields Foundation Inc Baltimore, MD PURPOSE: PARKS PROJECTS DEPARTMENT SUPPORT | $75,000 |
Baltimore Community Foundation Inc Baltimore, MD PURPOSE: GENERAL SUPPORT AND VARIOUS PROJECTS | $51,250 |
Hackerman Foundation Inc Baltimore, MD PURPOSE: COMMUNITY IMPROVEMENT | $50,000 |
Endowment Analysis
| Beg. Balance | $1,677,182 |
| Earnings | $302,929 |
| Net Contributions | $88,358 |
| Other Expense | $50,000 |
| Ending Balance | $2,018,469 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Appalachian Trail Conservancy Harpers Ferry, WV | $31,433,012 | $14,528,575 |
Kaboom Inc Washington, DC | $33,837,191 | $27,499,929 |
Lake Ridge Parks & Recreation Association Inc Lake Ridge, VA | $11,873,713 | $7,365,440 |
The Pittsburgh Parks Conservancy Pittsburgh, PA | $20,284,178 | $5,028,888 |
John Bartram Association Philadelphia, PA | $5,352,246 | $2,805,370 |
National Parking Association Inc Washington, DC | $2,660,652 | $3,146,199 |
Parks & People Foundation Inc Baltimore, MD | $15,484,458 | $3,287,882 |
Columbia Memorial Park Inc Arlington, VA | $6,724,392 | $4,421,124 |
Park Home Inc Montoursville, PA | $22,271,789 | $2,501,068 |
The Brandywine Creek State Park Trust Delaware Community Foundation Inc Ttee Wilmington, DE | $0 | $168 |
Childrens Beach House Inc Wilmington, DE | $14,014,176 | $2,446,544 |
Buhl Park Corporation Hermitage, PA | $630,019 | $2,157,285 |