Don & Frances Parks Charitable Trust
- Assets
- $0.0
- Revenue
- $460.5k
- Investments
- $0.0
- Employees
- 0
- Location
- North Little Rock, AR
- Founding
- 06/1988
- Data as of
- 06/2024
- EIN
- 71-6132645
Organization Overview
Don & Frances Parks Charitable Trust is located in North Little Rock, AR. The organization was established in 1988. 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. Don & Frances Parks Charitable Trust 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 06/2024, Don & Frances Parks Charitable Trust generated $460.5k in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 39.0% each year . All expenses for the organization totaled $465.9k during the year ending 06/2024. While expenses have increased by 38.1% per year over the past 8 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.
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 |
|---|---|---|---|
Don Parks Trustee | 2 | $0 | |
Frances Parks Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $75 |
| Dividends & Interest | $907 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $459,492 |
| Capital Gain Net Income | $459,492 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $460,474 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $1,500 |
| Contributions, gifts, grants paid | $464,426 |
| Total expenses and disbursements | $465,926 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $0 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $0 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Grants Awarded
Over the last fiscal year, Don & Frances Parks Charitable Trust has awarded $25,250 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
NEW LIFE CHURCH OF CHRIST PURPOSE: GENERAL MINISTRY, BUILDING FUND & VISION PROJECT | $25,000 |
LIVING TRUTH CHURCH PURPOSE: GENERAL MINISTRY | $250 |