L&a Park Foundation Inc
- Assets
- $829.7k
- Revenue
- $230.5k
- Investments
- $0.0
- Employees
- 0
- Location
- Delphi, IN
- Founding
- 01/2018
- Data as of
- 12/2021
- EIN
- 82-3126143
Organization Overview
L&a Park Foundation Inc is located in Delphi, IN. The organization was established in 2018. 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. L&a Park Foundation Inc 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, L&a Park Foundation Inc generated $230.5k in total revenue. This represents relatively stable growth, over the past 4 years the organization has increased revenue by an average of 4.7% each year. All expenses for the organization totaled $79.8k 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
PROVIDING AN ATHLETIC FIELD AND AMENITIES FOR GIRLS' SOFTBALL ACTIVITIES AT MINIMAL OR NO COST TO FOSTER AND SUPPORT UNDERSERVED GIRLS' ATHLETICS
Describe the Organization's Program Activity:
Part 3 - Line 4a
PARK CONSTRUCTION FINISHED IN 2021
RENTAL OF SHELTER AND PARK FIELDS FOR EVENTS
OPERATION OF GIRL'S SOFTBALL PARK
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Mike Patty President | Officer | 10 | $0 |
Chad Gibson Vice President | Officer | 5 | $0 |
Kristie Dillman Secretary | Officer | 2 | $0 |
Jessica Corbin Treasurer | Officer | 5 | $0 |
Robert Kinard Director | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $18,761 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $191,912 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $210,673 |
| Total Program Service Revenue | $19,807 |
| Investment income | $0 |
| 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 | $230,480 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $1,000 |
| 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 | $595 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $1,900 |
| 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 | $70 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $30,063 |
| Insurance | $1,580 |
| All other expenses | $0 |
| Total functional expenses | $79,815 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $289,915 |
| Savings and temporary cash investments | $0 |
| 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 | $539,815 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $829,730 |
| 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 | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $462,946 |
| Retained earnings, endowment, accumulated income, or other funds | $366,784 |
| Total liabilities and net assets/fund balances | $829,730 |
Grants Recieved
Over the last fiscal year, we have identified 6 grants that L&a Park Foundation Inc has recieved totaling $89,952.
| Awarding Organization | Amount |
|---|---|
Spartan Trail Foundation Lafayette, IN PURPOSE: GENERAL SUPPORT | $59,911 |
Anderson Foundation Maumee, OH PURPOSE: ABBY AND LIBBY MEMORIAL PARK | $12,500 |
Network For Good Inc Washington, DC PURPOSE: UNRESTRICTED | $7,222 |
Community Foundation Of Howard County Inc Kokomo, IN PURPOSE: PLAYGROUND INSTALLATION | $6,000 |
The Duke Energy Foundation Charlotte, NC PURPOSE: VIBRANT ECONOMIES | $4,000 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $319 |
Peer Organizations
| 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 |