Chastain Park Conservancy
- Assets
- $745.7k
- Revenue
- $944.3k
- Investments
- $0.0
- Employees
- 5
- Location
- Atlanta, GA
- Founding
- 01/2004
- Data as of
- 12/2021
- EIN
- 81-0631219
Organization Overview
Chastain Park Conservancy is located in Atlanta, GA. The organization was established in 2004. According to its NTEE Classification (N11) the organization is classified as: Single Organization Support, under the broad grouping of Recreation & Sports and related organizations. As of 12/2021, Chastain Park Conservancy employed 5 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Chastain Park Conservancy 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, Chastain Park Conservancy generated $944.3k 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 (5.3%) each year. All expenses for the organization totaled $538.8k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (19.6%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO RESTORE, ENHANCE, MAINTAIN AND PRESERVE CHASTAIN PARK'S 268 ACRES FOR THE ESTIMATED TWO MILLION VISITORS ANNUALLY.
Describe the Organization's Program Activity:
ENHANCE: 2021 SAW THE IMPLEMENTATION OF THE CHASTAIN PARK AVENUE PATH PROJECT, A PEDESTRIAN SAFETY INITIATIVE WHICH COMPLETED THE PATH AROUND CHASTAIN PARK. WE ALSO CONTINUED REPAIRS TO THE QUONSET HUT SITE WITH THE INSTALLATION OF A NEW CONCRETE SLAB. IN ADDITION, THE CONSERVANCY INSTALLED TWO NEW PARK BENCHES. THE COLLECTIVE PARK INVESTMENT VALUE OF THESE INITIATIVES TOTALED $1,824,500 ($1.8M PATH, $19,500 CONCRETE SLAB, $5,000 BENCHES).
RESTORE: THE CONSERVANCY CONTINUED TO REMOVE INVASIVE SPECIES FROM THE PARK IN AN EFFORT TO OPEN UP AVAILABLE PASSIVE GREENSPACE FOR GENERAL PUBLIC USE. THE NORTHWOODS AREA, PALISADES AND SOUTH TRAIL WERE OUR THREE FOCUS AREAS. COSTS ASSOCIATED WITH INVASIVE PLANT REMOVAL AND WEED PREVENTION TOTALED $18,000 ($10K INVASIVE REMOVAL PROGRAM, $8K TRUEGREEN).
MAINTAIN: 2021 SAW THE EXPANSION OF OUR MAINTENANCE STAFF, MAINTENANCE EQUIPMENT INVESTMENTS AND ADDED BEAUTIFICATION EFFORTS. THE CPC PLANTED NATIVE PLANTS INCLUDING 35 TREES THROUGHOUT THE PARK AND PROVIDED MORE EFFICIENT MAINTENANCE OF PASSIVE GREENSPACES. WE PURCHASED AN AUGER TO AID IN NEW NATIVE PLANTINGS, REPAIRED OUR LAWN MOVERS AND INVESTED IN A PRESSURE WASHER. THE COLLECTIVE COST OF THIS EFFORT WAS $57,550 ($8,750 TREES, $3,500 NATIVE PLANTS, $3,700 EQUIPMENT AND $41,600 NEW HIRE).
GENERAL OPERATIONS - THE CONSERVANCY WORKS TO KEEP THE PARK CLEAN, SAFE AND GREEN FOR ITS ESTIMATED TWO MILLION ANNUAL VISITORS. PROJECTS INCLUDE ONGOING PARK SECURITY AND LANDSCAPE AND FACILITIES MAINTENANCE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Rosa Mchugh Executive Director | Officer | 40 | $142,954 |
David Miles Chair | OfficerTrustee | 1 | $0 |
Tom Wakefield Director | Trustee | 1 | $0 |
Carolina Krevolin Director | Trustee | 1 | $0 |
Peter Crahan Director | Trustee | 1 | $0 |
Will Killgore Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $57,912 |
| Related organizations | $0 |
| Government grants | $113,000 |
| All other contributions, gifts, grants, and similar amounts not included above | $772,968 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $943,880 |
| Total Program Service Revenue | $0 |
| Investment income | $396 |
| 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 | $944,276 |
| 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. | $155,016 |
| Compensation of current officers, directors, key employees. | $62,006 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $158,042 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $12,345 |
| Payroll taxes | $23,934 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $1,400 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $3,145 |
| Advertising and promotion | $19,500 |
| Office expenses | $6,971 |
| Information technology | $22,208 |
| 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 | $136 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $7,222 |
| Insurance | $16,872 |
| All other expenses | $0 |
| Total functional expenses | $538,803 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $558,442 |
| Savings and temporary cash investments | $98,511 |
| Pledges and grants receivable | $40,000 |
| Accounts receivable, net | $28,522 |
| 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 | $20,248 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $745,723 |
| Accounts payable and accrued expenses | $17,553 |
| Grants payable | $0 |
| Deferred revenue | $43,500 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $4,587 |
| 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 | $65,640 |
| Net assets without donor restrictions | $640,083 |
| Net assets with donor restrictions | $40,000 |
| 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 | $745,723 |
Grants Recieved
Over the last fiscal year, we have identified 22 grants that Chastain Park Conservancy has recieved totaling $239,047.
| Awarding Organization | Amount |
|---|---|
Waterfall Foundation Inc Atlanta, GA PURPOSE: CHARITABLE SUPPORT | $100,000 |
Henagan Foundation Inc Atlanta, GA PURPOSE: FOR DONEE'S EXEMPT PURPOSE | $25,000 |
National Christian Charitable Foundation Inc Alpharetta, GA PURPOSE: CULTURE | $25,000 |
Georgia Power Foundation Inc In Receivership Atlanta, GA PURPOSE: PASSIVE GREENSPACE BEAUTIFICATION AND INVASIVE PLANT ERADICATION | $20,000 |
Schwab Charitable Fund San Francisco, CA PURPOSE: HUMAN SERVICES | $15,500 |
Jewish Federation Of Greater Atlanta Inc Atlanta, GA PURPOSE: DONATIONS | $9,100 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
World Golf Foundation Inc St Augustine, FL | $15,762,400 | $15,410,319 |
East Carolina University Educational Foundation Inc Greenville, NC | $33,102,129 | $12,018,167 |
The Lpga Foundation Daytona Beach, FL | $9,352,661 | $8,926,297 |
South Carolina Charities Inc Greenville, SC | $911,157 | $3,405,093 |
American Junior Golf Foundation Inc Braselton, GA | $19,641,772 | $5,413,953 |
Uncw Student Aid Association Inc Wilmington, NC | $3,125,370 | $1,638,038 |
First Tee Of Atlanta Inc Atlanta, GA | $2,807,006 | $1,612,147 |
First Tee Of North Flordia Inc Saint Augustine, FL | $828,458 | $1,796,626 |
Alabama Shakespeare Festival Endowment Tr Montgomery, AL | $55,944,765 | $702,964 |
Atlanta Classic Foundation Inc Duluth, GA | $0 | $0 |
Reef Environmental Education Foundation Incorporated Key Largo, FL | $2,620,574 | $1,900,215 |
Tenngreen Land Conservancy Nashville, TN | $19,971,388 | $11,678,938 |