Denton Parks Foundation
- Assets
- $248.7k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 1
- Location
- Denton, TX
- Founding
- 05/1989
- Data as of
- 12/2021
- EIN
- 75-2275201
Organization Overview
Denton Parks Foundation is located in Denton, TX. The organization was established in 1989. According to its NTEE Classification (N30) the organization is classified as: Physical Fitness & Community Recreational Facilities, 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. Denton Parks Foundation 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 12/2021, Denton Parks Foundation generated $139.4k 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 (18.6%) each year. All expenses for the organization totaled $224.4k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (11.4%) per year over the past 7 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
2021
Describe the Organization's Program Activity:
Part 3
FUNDS WERE RAISED AND USED FOR DENTON PARKS AND RECREATION ACTIVITIES TO SERVE THE OVERALL DENTON POPULATION AND SURROUNDING COUNTIES. FUNDS WERE ALSO USED TO SUPPORT OTHER ACTIVITES THAT PROMOTE THE DENTON PARKS AND RECREATION.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Don Edwards Secretary | 0 | $0 | |
Mando Castillo Treasurer | 0 | $0 | |
Stephanie Lamb Board Member | 0 | $0 | |
Tim Smith President | 0 | $0 | |
Jason Faigle Board Member | 0 | $0 | |
Chrissy Mallouf Board Member | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $136,115 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $3,249 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $139,364 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $78,660 |
| Professional fees and other payments to independent contractors | $3,352 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $53 |
| Other expenses | $142,370 |
| Total expenses | $224,435 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $248,655 |
| Other assets | $0 |
| Total assets | $248,655 |
| Total liabilities | $0 |
| Net assets or fund balances | $248,655 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Denton Parks Foundation has recieved totaling $120,000.
| Awarding Organization | Amount |
|---|---|
Greater Houston Community Foundation Houston, TX PURPOSE: This grant is to establish the Cemetery Improvement and Maintenance Fund. | $100,000 |
Texas Health Presbyterian Hospital Denton Denton, TX PURPOSE: General Funds | $20,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Bentonville Bella Vista Blazer Association Bentonville, AR | $77,364,842 | $17,570,755 |
Texas Trees Foundation Dallas, TX | $8,139,895 | $6,093,580 |
Datta Yoga Center Frisco, TX | $39,680,458 | $7,267,596 |
Fitlot Inc New Orleans, LA | $1,230,890 | $4,427,989 |
Road Runners Club Of America Metairie, LA | $439,853 | $1,644,210 |
Chancellors Family Center Houston, TX | $3,000,312 | $1,420,020 |
Sigma Performance Swimming Fort Worth, TX | $336,813 | $1,366,360 |
Fit Feat New Braunfels, TX | $1,605,303 | $1,468,066 |
Greater San Antonio After-School All Stars San Antonio, TX | $1,365,793 | $1,293,179 |
Crrc Of Canyon Lake Inc Canyon Lake, TX | $3,905,422 | $1,301,235 |
Kinetic Kids Inc San Antonio, TX | $978,066 | $1,408,485 |
Springdale Benevolent Foundation Springdale, AR | $2,342,056 | $947,504 |