Billings Park Recreation & Preservation Foundation
- Assets
- $112.7k
- Revenue
- $66.9k
- Investments
- $0.0
- Employees
- 0
- Location
- Billings, MT
- Founding
- 01/1982
- Data as of
- 12/2021
- EIN
- 81-0398679
Organization Overview
Billings Park Recreation & Preservation Foundation is located in Billings, MT. The organization was established in 1982. 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. Billings Park Recreation & Preservation 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, Billings Park Recreation & Preservation Foundation generated $66.9k 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 (11.8%) each year. All expenses for the organization totaled $53.6k during the year ending 12/2021. 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
THE MISSION OF THE PARTNERS FOR PARKS FOUNDATION IS TO HELP TO ENHANCE OUR COMMUNITY BY FUNDING AND PROMOTING EXCEPTIONAL PUBLIC PARKS AND RECREATIONAL OPPORTUNITIES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE FOUNDATION PROVIDED CONSTRUCTION COSTS FOR THE BILLINGS CENTENNIAL PARK DEVELOPMENT AND IMPROVEMENTS. THE FOUNDATION SUCCESFULLY HELPED TO DEVELOP THE FIRST COMMUNITY PARK DEVELOPED IN BILLINGS, MONTANA SINCE 1982.
THE FOUNDATION PROVIDES FEE ASSISTANCE FOR LOWER INCOME PARTICIPANTS WHO PARTICIPATE IN THE CITY OF BILLINGS PARKS AND RECREATION YOUTH SPORTS, CAMPS AND OTHER PROGRAMS.
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 |
|---|---|---|---|
Jami Clark President | OfficerTrustee | 3 | $0 |
Connor Larson Vice President & Treasurer | OfficerTrustee | 3 | $0 |
Amber Parish Secretary | OfficerTrustee | 2 | $0 |
Duncan Peete Director | Trustee | 2 | $0 |
Rachel Cox Director | Trustee | 2 | $0 |
Patrick Davies Director | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $66,483 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $66,483 |
| Total Program Service Revenue | $0 |
| Investment income | $375 |
| 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 | $66,858 |
| 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 | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $791 |
| Office expenses | $907 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| 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 | $0 |
| Insurance | $0 |
| All other expenses | $20 |
| Total functional expenses | $53,631 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $104,930 |
| Savings and temporary cash investments | $7,759 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| 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 | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $112,689 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| 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 | $0 |
| Net assets without donor restrictions | $17,079 |
| Net assets with donor restrictions | $95,610 |
| 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 | $112,689 |
Grants Recieved
Over the last fiscal year, we have identified 3 grants that Billings Park Recreation & Preservation Foundation has recieved totaling $78,872.
| Awarding Organization | Amount |
|---|---|
Montana Community Foundation Inc Helena, MT PURPOSE: SUPPORT FOR COTTONWOOD PARK | $29,561 |
Montana Community Foundation Inc Helena, MT PURPOSE: SUPPORT FOR COTTONWOOD PARK | $29,561 |
Fidelity Investments Charitable Gift Fund Boston, MA PURPOSE: For grant recipient's exempt purposes | $19,750 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Higher Ground Sun Valley Inc Ketchum, ID | $4,850,142 | $4,135,308 |
Huron Area Wellness And Recreation Center Inc Huron, SD | $687,710 | $583,457 |
Movemeant Inc Boise, ID | $389,467 | $629,025 |
Whitefish Sports Facilities Foundation Whitefish, MT | $767,575 | $576,684 |
Kootenai Youth Recreation Organization Inc Post Falls, ID | $5,324,686 | $659,573 |
Forsyth Country Club Inc Forsyth, MT | $110,727 | $271,696 |
A Carousel For Missoula Foundation Inc Missoula, MT | $1,716,992 | $262,509 |
Rotary Veterans Memorial Pavilioninc Moscow, ID | $1,894,550 | $784,839 |
Spokane Figure Skating Club Hayden, ID | $74,198 | $0 |
Gillette Hockey Association Inc Gillette, WY | $366,164 | $204,531 |
Teton Rock Gym Inc Driggs, ID | $146,466 | $247,605 |
Big Sky Skating And Hockey Association Big Sky, MT | $563,050 | $215,310 |