State Parks And Recreation Foundation Of Arkansas
- Assets
- $1.2m
- Revenue
- $295.9k
- Investments
- $0.0
- Employees
- 0
- Location
- Little Rock, AR
- Founding
- 08/2017
- Data as of
- 12/2023
- EIN
- 82-1630400
Organization Overview
State Parks And Recreation Foundation Of Arkansas is located in Little Rock, AR. 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. State Parks And Recreation Foundation Of Arkansas 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 12/2023, State Parks And Recreation Foundation Of Arkansas generated $295.9k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (23.9%) each year. All expenses for the organization totaled $1.3m during the year ending 12/2023. 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
PARKS AND RECREATION FOUNDATION OF ARKANSAS IS ORGANIZED TO SUPPORT, PROTECT, ENHANCE AND ADD VALUE TO PLACES THAT PROVIDE EXCEPTIONAL RECREATION EXPERIENCE AND BUILD ON THE LEGACY OF THE CIVILIAN CONSERVATION CORPS BY PROVIDING A CONDUIT AND OPPORTUNITY FOR GIVING BACK AND EXPEDITING DEVELOPMENT FOR TODAY'S GENERATION.
Describe the Organization's Program Activity:
Part 3 - Line 4a
ARKANSAS PARKS & RECREATION FOUNDATION WAS GRANTED FUNDS TO SUPPORT THE DESIGN AND CONSTRUCTION OF NEW TRAILHEAD FACILITIES FOR THE MONUMENT TRAIL AT DEVIL'S DEN. THE FOUNDATION PARTNERED WITH ARKANSAS STATE PARKS TO RECEIVE APPROPRIATE APPROVALS AND EVALUATION OF THE DESIGN, AND WORKED WITH BOULDER CONSTRUCTION TO CONSTRUCT A CAMPGROUND, RESTROOMS, AND CHANGING ROOMS. THE FACILITIES WERE GIFTED TO ARKANSAS STATE PARKS IN DECEMBER 2022.
VARIOUS OTHER SMALL PROJECTS RELATING TO THE TAX EXEMPT FUNCTION OF THE ORGANIZATION.
ARKANSAS PARKS & RECREATION FOUNDATION WAS GRANTED FUNDS TO SUPPORT THE EVALUATION, DESIGN, COMMISSION, AND INSTALLATION OF THREE ART PROJECTS ON THE MONUMENT TRAIL AT PINNACLE MOUNTAIN. THE FOUNDATION WORKED WITH THE ART CURATOR, KIN, AND THREE ARTISTS TO COMMISSION THE ART WORKS. THE PROJECT WILL BE COMPLETE IN FALL OF 2023.
ARKANSAS PARKS & RECREATION FOUNDATION WAS GRANTED FUNDS TO SUPPORT THE EVALUATION, MASTER PLANNING, AND FEDERAL PERMITTING PROCESS FOR A MOUNTAIN BIKE TRAIL PROJECT NEAR QUEEN WILHELMINA STATE PARK IN MENA, ARKANSAS. THE PROJECT INCLUDES CONTRACTING WITH CONSULTANTS SE GROUP TO NAVIGATE MASTER PLANNING, PUBLIC COMMENT, AND THE NATIONAL ENVIRONMENTAL POLICY ACT. THE FOUNDATION IS ACTING AS THE LIAISON BETWEEN ARKANSAS STATE PARKS, THE U.S. FOREST SERVICE, CITY OF MENA, AND LOCAL ADVOCATES THROUGHOUT THE PROCESS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Bryan Day Director | Trustee | 0 | $0 |
Jane Rogers Secretary | OfficerTrustee | 0 | $0 |
Ed Nicholson Treasurer | OfficerTrustee | 0 | $0 |
James D Shamburger Jr Chair | OfficerTrustee | 0 | $0 |
Craig Soos Vice Chair | OfficerTrustee | 0 | $0 |
Anne Marie Doramus Director | Trustee | 0 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Rock Solid Trail Contracting Construction | 12/30/20 | $1,184,361 |
Rogue Trails Construction | 12/30/20 | $598,874 |
Jagged Axe Trail Designs Construction | 12/30/20 | $322,149 |
Boulder Construction Construction | 12/30/20 | $505,362 |
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 | $247,834 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $247,834 |
| Total Program Service Revenue | $0 |
| Investment income | $48,035 |
| 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 | $295,869 |
| 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 | $106,860 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $1,196 |
| Fees for services: Accounting | $2,318 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $336 |
| Office expenses | $2,475 |
| 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 | $3,464 |
| All other expenses | $0 |
| Total functional expenses | $1,268,436 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $9,319 |
| Savings and temporary cash investments | $1,186,461 |
| 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 | $1,195,780 |
| 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 | $522,466 |
| Net assets with donor restrictions | $673,314 |
| 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 | $1,195,780 |