Friends Of The Palo Alto Parks
- Assets
- $131.8k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Palo Alto, CA
- Founding
- 05/2004
- Data as of
- 12/2023
- EIN
- 56-2424518
Organization Overview
Friends Of The Palo Alto Parks is located in Palo Alto, CA. The organization was established in 2004. According to its NTEE Classification (N32) the organization is classified as: Parks & Playgrounds, 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 The Palo Alto Parks 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, Friends Of The Palo Alto Parks generated $26.8k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 9 years, the organization has seen revenues fall by an average of (9.5%) each year. All expenses for the organization totaled $17.7k during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (33.6%) per year over the past 9 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
WORK WITH THE CITY OF PALO ALTO AND OTHER GROUPS TO HAVE THE BEST PARKS AND OPEN SPACES FOR THE CITY.
Describe the Organization's Program Activity:
Part 3
THE MAGICAL BRIDGE PLAYGROUND IS HERALDED AS THE NATION'S MOST INNOVATIVE INCLUSIVE PUBLIC PLAYGROUND DESIGNED TO BE A PLACE WHERE EVERYONE CAN PLAY. THE PROJECT IS A PARTNERSHIP BETWEEN THE FRIENDS OF THE PALO ALTO PARKS (FOPAP) AND THE CITY OF PALO ALTO. THE PLAYGROUND OPENED IN APRIL 2015 AND THERE IS CONTINUING SUPPORT FOR PROGRAMS AT THE PARK FOR THE BENEFIT OR ALL. CONTINUING PROGRAMS INCLUDE A SUMMER MUSIC SERIES AND OTHER SPECIAL EVENTS AT THE PARK, A KINDNESS AMBASSADOR PROGRAM THAT PROMOTES INCLUSIVE PLAY, AND A SUMMER INTERN PROGRAM TO FURTHER SUPPORT THE PLAYGROUND AND TRAIN FUTURE INCLUSIVE PLAYGROUND LEADERS (THIS PROGRAM WAS SUPPORTED BY A GRANT FROM THE CITY). IN ADDITION, SOME PLAYGROUND UPGRADES WERE FUNDED.
LAWN BOWLING PARK FACILITY ENHANCEMENT
THE MAINTENANCE AND ENHANCEMENT OF THE CALIFORNIA NATIVE PLANT PLOT IN BOL PARK IS PAID FOR BY USING THE 501(C)(3) STRUCTURE AND ADMINISTRATIVE SERVICES OF FOPAP
IN PARTNERSHIP WITH THE CITY OF PALO ALTO, A COMMEMORATIVE BENCH WAS INSTALLED AT THE PALO ALTO DUCK POND.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Susan Beall President | 1 | $0 | |
Jeny Smith Vice President | 1 | $0 | |
Linda Selden Secretary | 1 | $0 | |
Ed Selden Treasurer | 4 | $0 | |
Roger Smith Director | 1 | $0 | |
Liz Hogan Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $25,796 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $1,014 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $26,810 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $960 |
| Total expenses | $17,676 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $131,839 |
| Other assets | $0 |
| Total assets | $131,839 |
| Total liabilities | $0 |
| Net assets or fund balances | $131,839 |