Friends Of State Parks Inc
- Assets
- $796.4k
- Revenue
- $318.5k
- Investments
- $549.6k
- Employees
- 0
- Location
- Raleigh, NC
- Founding
- 02/1986
- Data as of
- 12/2022
- EIN
- 58-1634155
Organization Overview
Friends Of State Parks Inc is located in Raleigh, NC. The organization was established in 1986. According to its NTEE Classification (N11) the organization is classified as: Single Organization Support, 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 State 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 12/2022, Friends Of State Parks Inc generated $318.5k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 3.1% each year. All expenses for the organization totaled $268.6k during the year ending 12/2022. While expenses have increased by 9.0% per year over the past 7 years. They've been increasing with an increasing level of total revenue. 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
FRIENDS OF STATE PARKS IS A CITIZEN'S GROUP DEDICATED TO THE UNDERSTANDING, ENJOYMENT AND PROTECTION OF NORTH CAROLINA'S STATE PARKS. FRIENDS OF STATE PARKS SUPPORTS THE MISSION OF THE NC PARKS AND RECREATION DIVISION: TO PROTECT AND MANAGE THE UNIQUE BIOLOGICAL, GEOLOGICAL, ARCHAEOLOGICAL, RECREATIONAL AND SCENIC RESOURCES OF THE STATE. FRIENDS OF STATE PARKS PROMOTES PUBLIC AWARENESS OF THE IMMENSE CONTRIBUTIONS OF THESE NATURAL AREAS TO THE QUALITY OF LIFE FOR NORTH CAROLINIANS OF PRESENT AND FUTURE GENERATIONS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
FRIENDS OF STATE PARKS PROVIDES A MEMBERSHIP PROGRAM TO PROMOTE THE USE, ENJOYMENT AND PROTECTION OF THE NORTH CAROLINA STATE PARKS SYSTEM IN ADDITION TO PROVIDING DIRECT GRANT FUNDING TO VARIOUS NORTH CAROLINA STATE PARKS, STATE AGENCIES AND SIMILAR NON-PROFIT ORGANIZATIONS TO PROMOTE AND SUPPORT THEIR INDIVIDUAL PLANNED EVENTS AND PROJECTS. IN 2022, THE ORGANIZATION PROVIDED 9 GRANTS FOR SUCH PURPOSES AND DEPLOYED FUNDING TO COMPLETE THE CONSTRUCTION OF A PLAYGROUND AT MEDOC MOUNTAIN STATE PARK.
FRIENDS OF STATE PARKS PROVIDES FOR THE JUNIOR RANGER AND YOUTH IN PARKS - ENVIRONMENTAL EDUCATION (YIP-EE) PROGRAMS TO ENGAGE STUDENTS TO PARTICIPATE IN PARK EDUCATIONAL PROGRAMS, ENCOURAGE OUTDOOR LEARNING OF GEOLOGY, ECOLOGY AND CULTURAL HISTORY, AND ENCOURAGE STEWARDSHP OF NATURAL RESOURCES. NINE YIP-EE GRANTS WERE AWARDED IN 2022.
FRIENDS OF STATE PARKS PROVIDES SUPPORT AND SERVICES TO ALL 41 OF NORTH CAROLINA'S STATE PARKS, AND REPORTS AND MANAGES THE INDIVIDUAL FUNDS FOR 15 LOCAL CHAPTERS. THESE FRIENDS OF STATE PARKS CHAPTERS SUPPORT 21 PARKS WITH FUNDING TO THEIR INDIVIDUAL PARKS WHERE VOLUNTEER PROJECTS INCLUDE EDUCATIONAL, RECREATIONAL, HSTORICAL, CONSERVATION, MAINTENANCE, AND BEAUTIFICATION ACTIVITIES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
David Pearson Executive Di | Officer | 20 | $42,000 |
Dewey Matherly President | OfficerTrustee | 2 | $0 |
Tim Aydlett 1st Vice Pre | OfficerTrustee | 2 | $0 |
Rob Hewett 2nd Vice Pre | OfficerTrustee | 2 | $0 |
Linda Thornley Secretary | OfficerTrustee | 2 | $0 |
Keith Walsh Treasurer | OfficerTrustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $7,144 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $311,496 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $318,640 |
| Total Program Service Revenue | $0 |
| Investment income | $6,464 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$7,166 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $512 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $318,450 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $15,670 |
| 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. | $42,000 |
| Compensation of current officers, directors, key employees. | $12,600 |
| 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 | $15,624 |
| Fees for services: Accounting | $9,465 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $3,394 |
| Information technology | $5,827 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $23,715 |
| 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 | $1,233 |
| Insurance | $1,509 |
| All other expenses | $9,124 |
| Total functional expenses | $268,603 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $64,571 |
| Savings and temporary cash investments | $12,285 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $49,107 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $267 |
| Prepaid expenses and deferred charges | $3,633 |
| Net Land, buildings, and equipment | $514 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $549,631 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $116,351 |
| Total assets | $796,359 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $10,250 |
| Deferred revenue | $7,011 |
| 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 | $17,261 |
| Net assets without donor restrictions | $632,248 |
| Net assets with donor restrictions | $146,850 |
| 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 | $796,359 |
Grants Awarded
Over the last fiscal year, Friends Of State Parks Inc has awarded $38,328 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
EARTHSHARE PURPOSE: SUPPORT | $10,000 |
OTHER GRANTS OF 5000 OR LESS PURPOSE: SUPPORT | $28,328 |