Friends Of Memorial Park is located in New Castle, IN. The organization was established in 2017. 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. Friends Of Memorial Park 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 12/2020, Friends Of Memorial Park generated $28.8k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 3 years, the organization has seen revenues fall by an average of (20.9%) each year. All expenses for the organization totaled $28.0k during the year ending 12/2020. As we would expect to see with falling revenues, expenses have declined by (21.0%) per year over the past 3 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
2020
Describe the Organization's Program Activity:
Part 3
TO PROVIDE ENHANCEMENTS AND MAKE IMPROVEMENTS AT MEMORIAL PARK IN NEW CASTLE, IN
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Holly Adkins Board Of Directors | 5 | $0 | |
Cathy Hamilton Board Of Directors | 5 | $0 | |
Nancy Dietz Board Of Directors | 5 | $0 | |
Lian Nickey Board Of Directors | 5 | $0 | |
Mike Montgomery Board Of Directors | 5 | $0 | |
Sonja Conley Board Of Directors | 5 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $27,890 |
Total Program Service Revenue | $0 |
Membership dues | $30 |
Investment income | $0 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $925 |
Total Revenue | $28,845 |
Statement of Expenses | |
---|---|
Grants and similar amounts paid | $0 |
Benefits paid to or for members | $0 |
Salaries, other compensation, and employee benefits | $0 |
Professional fees and other payments to independent contractors | $0 |
Occupancy, rent, utilities, and maintenance | $1,955 |
Printing, publications, postage, and shipping | $48 |
Other expenses | $25,986 |
Total expenses | $27,989 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $25,565 |
Other assets | $0 |
Total assets | $25,565 |
Total liabilities | $0 |
Net assets or fund balances | $25,565 |
Over the last fiscal year, we have identified 1 grants that Friends Of Memorial Park has recieved totaling $5,041.
Awarding Organization | Amount |
---|---|
Henry County Community Foundation Inc New Castle, IN PURPOSE: OPERATING SUPPORT | $5,041 |
Organization Name | Assets | Revenue |
---|---|---|
Lake Park Associates Inc Chicago, IL | $84,892,237 | $7,736,352 |
21st Century Parks Inc Louisville, KY | $96,568,908 | $4,921,884 |
Champaign Parks Foundation Champaign, IL | $976,964 | $284,130 |
Gateway Arch Park Foundation St Louis, MO | $74,261,617 | $7,108,944 |
Grindstone Butte Mutual Canal Company Champaign, IL | $200 | $2,974,907 |
Illinois Association Of Park Districts Springfield, IL | $10,419,752 | $4,309,641 |
Millennium Park Foundation Chicago, IL | $52,901,717 | $12,169,207 |
Friends Of@sauk Prairie Parks And Recreation Inc Sauk City, WI | $5,893,890 | $2,059,173 |
Little Village Environmental Justice Organization Chicago, IL | $4,634,641 | $3,681,003 |
Ice Age Trail Alliance Cross Plains, WI | $12,975,124 | $3,561,895 |
Friends Of Hoyt Park Wauwatosa, WI | $6,559,517 | $1,528,114 |
21st Century Parks Endowment Inc Louisville, KY | $74,704,243 | $16,831,658 |