Betsys Park
- Assets
- $1.3m
- Revenue
- $122.1k
- Investments
- $0.0
- Employees
- 0
- Location
- Holderness, NH
- Founding
- 01/2020
- Data as of
- 12/2020
- EIN
- 84-2584846
Organization Overview
Betsys Park is located in Holderness, NH. The organization was established in 2020. 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. Betsys 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, Betsys Park generated $122.1k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 2 years, the organization has seen revenues fall by an average of (68.1%) each year. All expenses for the organization totaled $44.9k during the year ending 12/2020. 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
2020
Describe the Organization's Mission:
Part 3 - Line 1
BETSYS PARK IS A JOYFUL PLACE WHERE WATERSHED COMMUNITY MEMBERS OF ALL AGES CAN ENJOY PLAY, EXERCISE AND QUIET REFLECTION IN HEALTHY NATURAL SURROUNDINGS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO BEST COMMEMORATE BETSY AND HONOR HER PASSION FOR LEADING AN ACTIVE, BALANCED, AND HEALTHY LIFESTYLE, HER FAMILY, FRIENDS, AND GENEROUS FOUNDING DONORS HAVE COME TOGETHER TO PURCHASE A 1940S-ERA MOTEL PROPERTY ON WHITE OAK POND AND CREATE BETSYS PARK, A LOW-IMPACT COMMUNITY GREEN SPACE.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Michael O'leary Treasurer And Secretary | OfficerTrustee | 1 | $0 |
Cynthia O'leary President | OfficerTrustee | 1 | $0 |
Anne Lovett Director | Trustee | 1 | $0 |
Stuart Abelson Director | Trustee | 1 | $0 |
Stephen Woodsum Director | Trustee | 1 | $0 |
Rae Andrews Director | Trustee | 1 | $0 |
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 | $122,097 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $122,097 |
| Total Program Service Revenue | $0 |
| Investment income | $45 |
| 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 | $122,142 |
| 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 | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $3,682 |
| 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 | $350 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $27,198 |
| 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 | $3,937 |
| All other expenses | $0 |
| Total functional expenses | $44,857 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $199,033 |
| 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 | $1,061,223 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,260,256 |
| 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 | $199,033 |
| Net assets with donor restrictions | $1,061,223 |
| 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 | $1,260,256 |
Grants Recieved
Over the last fiscal year, we have identified 8 grants that Betsys Park has recieved totaling $238,022.
| Awarding Organization | Amount |
|---|---|
Tosa Foundation Portola Valley, CA PURPOSE: US AID | $150,000 |
Pamela And Laurence Tarica Foundation Sands Point, NY PURPOSE: TO AID IN CARRYING OUT THEIR EXEMPT FUNCTIONS | $40,000 |
Edwin S Webster Foundation Boston, MA PURPOSE: GENERAL OPERATING SUPPORT | $25,000 |
New Hampshire Charitable Foundation Concord, NH PURPOSE: To support the installation of a community paddle tennis court | $20,000 |
Cocchiaro Family Foundation Holderness, NH PURPOSE: OUTDOOR ACTIVITIES | $1,000 |
Harris Trust L I Norfolk, VA PURPOSE: TO FURTHER DONEE'S CHARITABLE PURPOSE | $1,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Rose Fitzgerald Kennedy Greenway Conservancy Inc Boston, MA | $31,444,070 | $8,732,611 |
Ymca Of Marthas Vineyard Inc Vineyard Haven, MA | $24,356,522 | $5,436,042 |
Stanley Park Of Westfield Inc Westfield, MA | $11,912,408 | $1,167,224 |
Frank Newhall Look Memorial Park Inc Florence, MA | $10,382,175 | $2,883,597 |
Worcester County Memorial Park Inc Paxton, MA | $3,649,295 | $1,194,568 |
Waterfront Historic Area League Of New Bedford Inc New Bedford, MA | $2,546,226 | $938,473 |
Field Club Of Longmeadow Inc East Longmeadow, MA | $1,006,684 | $692,891 |
Reading Ice Arena Authority Inc Reading, MA | $661,628 | $753,778 |
Winooski Valley Park District Burlington, VT | $3,998,683 | $564,342 |
Frog Pond Foundation Inc Boston, MA | $3,162,129 | $170,008 |
The Maudsley State Park Association Inc Newburyport, MA | $198,015 | $24,929 |
Joseph & Anna C Dias Jr Family Foundation Ludlow, MA | $8,551,281 | $237,976 |