Midtown Parks is located in Sacramento, CA. The organization was established in 2019. 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. Midtown Parks 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, Midtown Parks generated $279.6k in total revenue. This organization has experienced exceptional growth, as over the past 3 years, it has increased revenue by an average of 38.9% each year . All expenses for the organization totaled $121.9k 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
TO INCREASE THE COMMUNITY BENEFIT AND PUBLIC'S ENJOYMENT OF MIDTOWN SACRAMENTO INCLUDING, ESPECIALLY, ITS PUBLIC SPACES AND PARKS, AND TO LESSON THE BURDENS OF GOVERNMENT BY ASSISTING THE CITY OF SACRAMENTO, CALIFORNIA IN THIS EFFORT.
Describe the Organization's Program Activity:
Part 3 - Line 4a
INCREASING INFASTRUCTURE INVESTMENTS, DESIGN AND MAINTENANCE OF CITY PARKS AND PUBLIC SPACES INCREASING DIVERSE & WELCOMING PROGRAMMING IN THE SAME SPACES CREATING A UNIQUE SENSE OF IDENTITY FOR THOSE SPACES TO BUILD COMMUNITY PRIDE AND INVESTMENT.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Wendy Saunders President | Trustee | 1 | $0 |
Mike Testa Vice President | Trustee | 1 | $0 |
Ken Turton Treasurer | Trustee | 2 | $0 |
Larry Watson Secretary | Trustee | 1 | $0 |
John Hodgson Director | Trustee | 1 | $0 |
Kimio Bazett Director | Trustee | 1 | $0 |
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 | $249,749 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $249,749 |
Total Program Service Revenue | $0 |
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 | $29,816 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $279,565 |
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 | $43,192 |
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 | $0 |
Office expenses | $0 |
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 | $6,709 |
All other expenses | $172 |
Total functional expenses | $121,934 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $153,205 |
Savings and temporary cash investments | $0 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $15,125 |
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 | $105,000 |
Total assets | $273,330 |
Accounts payable and accrued expenses | $6,639 |
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 | $6,639 |
Net assets without donor restrictions | $266,691 |
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 | $0 |
Retained earnings, endowment, accumulated income, or other funds | $0 |
Total liabilities and net assets/fund balances | $273,330 |
Over the last fiscal year, we have identified 3 grants that Midtown Parks has recieved totaling $12,684.
Awarding Organization | Amount |
---|---|
Taylor Foundation Sacramento, CA PURPOSE: GENERAL SUPPORT | $7,500 |
Schwab Charitable Fund San Francisco, CA PURPOSE: HUMAN SERVICES | $5,100 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $84 |
Organization Name | Assets | Revenue |
---|---|---|
San Francisco Parks Alliance San Francisco, CA | $18,998,455 | $13,460,764 |
Yosemite Foundation San Francisco, CA | $37,489,073 | $19,130,679 |
California State Parks Foundation San Francisco, CA | $15,437,554 | $10,182,673 |
Western National Parks Association Tucson, AZ | $16,969,884 | $10,617,011 |
City Fields Foundation San Francisco, CA | $32,251 | $525,011 |
Cherokee Memorial Park Lodi, CA | $30,465,199 | $7,494,218 |
Save Mount Diablo Walnut Creek, CA | $23,107,721 | $3,476,517 |
Crystal Cove Conservancy Newport Coast, CA | $7,212,040 | $4,737,613 |
Roosevelt Memorial Park Asso Gardena, CA | $6,728,586 | $5,961,574 |
Oaks Park Association Portland, OR | $15,243,848 | $2,154,099 |
Oakland Childrens Fairyland Inc Oakland, CA | $2,041,774 | $4,880,926 |
Gage Canal Company Riverside, CA | $3,778,956 | $3,287,704 |