Hsb Park Inc
- Assets
- $664.0k
- Revenue
- $81.4k
- Investments
- $0.0
- Employees
- 0
- Location
- Horseshoe Bay, TX
- Founding
- Data as of
- 12/2022
- EIN
- 84-4349247
Organization Overview
Hsb Park Inc, operating under the name Horseshoe Bay Nature Park, is located in Horseshoe Bay, TX. According to its NTEE Classification (C50) the organization is classified as: Environmental Beautification, under the broad grouping of Environment and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Horseshoe Bay Nature 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 12/2022, Horseshoe Bay Nature Park generated $81.4k 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 (57.9%) each year. All expenses for the organization totaled $8.2k during the year ending 12/2022. 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
DEVELOPMENT AND OPERATION OF A NATURE PARK. TO RESTORE AND PRESERVE AN INDIGENOUS HABITAT INSPIRING APPRECIATION OF NATURE
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE PARK WAS OPEN TO THE PUBLIC AND MINOR IMPROVEMENTS WERE MADE.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Steve Jordan President | OfficerTrustee | 25 | $0 |
Vicki Adcock Secretary | OfficerTrustee | 10 | $0 |
Andy Thurman Treasurer | OfficerTrustee | 4 | $0 |
Johnny White Vice President | OfficerTrustee | 2 | $0 |
John Smith Director | Trustee | 1 | $0 |
Kyle Womack Director | Trustee | 2 | $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 | $81,432 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $81,432 |
| 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 | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $81,432 |
| 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 | $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 | $2,483 |
| 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 | $1,694 |
| All other expenses | $4,066 |
| Total functional expenses | $8,243 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $65,903 |
| 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 | $598,078 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $663,981 |
| 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 | $663,981 |
| 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 | $663,981 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Hsb Park Inc has recieved totaling $5,000.
| Awarding Organization | Amount |
|---|---|
The Derse Foundation Inc Waukesha, WI PURPOSE: ENVIRONMENTAL SUPPORT | $5,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Hermann Park Conservancy Houston, TX | $57,622,418 | $15,703,753 |
Town Lake Trail Foundation Austin, TX | $5,199,128 | $3,939,710 |
Keep Texas Beautiful Inc Austin, TX | $937,781 | $1,107,287 |
Oklahoma City Beautiful Inc Oklahoma City, OK | $501,120 | $682,970 |
Keep Austin Beautiful Inc Austin, TX | $774,257 | $674,025 |
Tree New Mexico Inc Albuquerque, NM | $149,520 | $546,909 |
Keep Oklahoma Beautiful Inc Oklahoma City, OK | $302,551 | $568,133 |
Scenic Houston Inc Houston, TX | $835,738 | $1,041,259 |
Planetary Trust Dallas, TX | $1,354,403 | $957,599 |
Greenway Parks Home Owners Association Dallas, TX | $855,277 | $368,837 |
Houston Clean City Commission Inc Houston, TX | $239,212 | $493,467 |
Turtle Creek Association Inc Dallas, TX | $384,942 | $441,097 |