Park Pride Inc
- Assets
- $8.9m
- Revenue
- $1.6m
- Investments
- $0.0
- Employees
- 17
- Location
- Atlanta, GA
- Founding
- 04/1990
- Data as of
- 06/2022
- EIN
- 58-1883895
Organization Overview
Park Pride Inc is located in Atlanta, GA. The organization was established in 1990. 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 06/2022, Park Pride Inc employed 17 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Park Pride 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, Park Pride Inc generated $1.6m 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 (11.9%) each year. All expenses for the organization totaled $1.7m during the year ending 06/2022. As we would expect to see with falling revenues, expenses have declined by (7.8%) per year over the past 7 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO ENGAGE COMMUNITIES TO ACTIVATE THE POWER OF PARKS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
COMMUNITY ENGAGEMENT - FRIENDS OF THE PARK, (FOP) GROUPS, ARE AT THE CORE OF PARK PRIDE PROGRAMS. THE PROGRAM PROVIDES RESOURCES AND BUILDS INDIVIDUAL LEADERSHIP SKILLS AND COMMUNITY CAPACITY ENABLING RESIDENTS TO CREATE POSITIVE CHANGE IN THEIR COMMUNITY PARKS. PARK PRIDE HOSTS AN ANNUAL PARKS & GREENSPACE CONFERENCE, THE LARGEST PARKS CONFERENCE IN THE SOUTHEAST, SHOWCASING THOUGHT LEADERS FROM ATLANTA AND ACROSS THE NATION.PARK PRIDE'S VOLUNTEER PROGRAM CONNECTS CORPORATIONS, COLLEGES, AND CIVIC GROUPS TO THE COMMUNITY, THEREBY INCREASING ENGAGEMENT AND AWARENESS, AND BUILDING RELATIONSHIPS WHILE BRINGING IMMEDIATE IMPROVEMENTS TO PARKS.
CAPITAL IMPROVEMENTS - PARK PRIDE'S GRANTMAKING PROGRAM PROVIDES FUNDING FOR COMMUNITY-LED IMPROVEMENTS IN LOCAL PARKS. IN 2022, $2.33 MILLION WAS AWARDED FOR IMPROVEMENT PROJECTS IN 24 PARKS.THROUGH OUR FISCAL SPONSOR PROGRAM, PARK PRIDE PROVIDES ADMINISTRATIVE AND FISCAL OVERSIGHT FOR COMMUNITY EFFORTS TO RAISE FUNDS FOR PARK IMPROVEMENT AND ACTIVATION PROJECTS. IN ADDITION TO REVITALIZING EXISTING PARKS, PARK PRIDE ALSO WORKS TO INCREASE ACCESS TO GREENSPACE ACROSS THE CITY. IN 2021, THESE EFFORTS CENTERED ON CONSTRUCTION OF MATTIE FREELAND PARK, TRANSFORMING A BLIGHTED LOT INTO A MUCH-NEEDED PARK IN THE ENGLISH AVENUE NEIGHBORHOOD.
PARK VISIONING - EACH YEAR, PARK PRIDE GUIDES FOUR COMMUNITIES THROUGH A PUBLIC ENGAGEMENT PROCESS SPANNING SEVERAL MONTHS THAT CONVERTS THAT COMMUNITY'S IDEAS AND DREAMS INTO A CONCEPTUAL VISION. THIS PLAN CAN THEN BE USED BY COMMUNITY GROUPS TO FUNDRAISE AND ADVOCATE FOR THEIR DESIRED IMPROVEMENTS IN THE PARK.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kristy Rachal Chair | OfficerTrustee | 2 | $0 |
Peggy Allumbaugh Vice Chair | OfficerTrustee | 1 | $0 |
Erik Brecheisen Treasurer | OfficerTrustee | 5 | $0 |
Randall Kent Secretary | OfficerTrustee | 2 | $0 |
Jeff Elman Director, At-Large | Trustee | 1 | $0 |
Liz Gillespie Director, At-Large | Trustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Atlanta Falcons Stadium Company Park Construction | 12/30/21 | $712,500 |
Integrated Land Design Park Construction | 12/30/21 | $476,233 |
Playgroud Creations Park Construction | 12/30/21 | $370,549 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $227,655 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,154,932 |
| Noncash contributions included in lines 1a–1f | $46,355 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,382,587 |
| Total Program Service Revenue | $199,028 |
| Investment income | $1,210 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,582,825 |
| 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. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $561,158 |
| Pension plan accruals and contributions | $12,666 |
| Other employee benefits | $49,523 |
| Payroll taxes | $40,331 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $18,370 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $58,376 |
| Advertising and promotion | $2,710 |
| Office expenses | $13,667 |
| Information technology | $9,979 |
| Royalties | $0 |
| Occupancy | $46,355 |
| Travel | $5,856 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $15,984 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $4,579 |
| Insurance | $6,010 |
| All other expenses | $898,510 |
| Total functional expenses | $1,744,074 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $506,219 |
| Savings and temporary cash investments | $6,227,871 |
| Pledges and grants receivable | $1,500,000 |
| Accounts receivable, net | $685,777 |
| 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 | $14,295 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $8,934,162 |
| Accounts payable and accrued expenses | $101,750 |
| Grants payable | $0 |
| Deferred revenue | $1,145,760 |
| 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 | $1,247,510 |
| Net assets without donor restrictions | $1,197,549 |
| Net assets with donor restrictions | $6,489,103 |
| 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 | $8,934,162 |