Centennial Park Conservancy
Fiscal Year
Fiscal Year Start
01/01/2024
Fiscal Year End
12/31/2024
Projected Revenue
$2,828,000.00
Projected Expenses
$2,813,000.00
Organizational Budgets and Other Documents
IRS Letter of Exemption
| IRS Letter of Determination |
Detailed Financials
Revenue and Expenses
| Fiscal Year | 2022 | 2021 | 2020 |
|---|---|---|---|
| Total Revenue | $4,609,748.00 | $3,206,844.00 | $4,226,083.00 |
| Total Expenses | $2,314,885.00 | $3,374,187.00 | $1,243,988.00 |
| Revenue Less Expenses | $2,294,863.00 | ($167,343.00) | $2,982,095.00 |
Revenue Sources
| Fiscal Year | 2022 | 2021 | 2020 |
|---|---|---|---|
| Foundation and Corporation Contributions | $0.00 | $39,878.00 | $127,100.00 |
| Government - Federal | $0.00 | $108,545.00 | $0.00 |
| Government - State | $0.00 | $0.00 | $0.00 |
| Government - Local | $0.00 | $0.00 | $0.00 |
| Government - Unspecified | $0.00 | $0.00 | $0.00 |
| Contributions, Gifts, and Grants | $2,514,132.00 | $2,007,285.00 | $3,122,194.00 |
| Indirect Public Support | $0.00 | $0.00 | $0.00 |
| Earned Revenue | $3,567,814.00 | $437,852.00 | $187,675.00 |
| Investment Income, Net of Losses | $14,370.00 | $21,056.00 | $50,535.00 |
| Membership Dues | $82,094.00 | $76,628.00 | $41,465.00 |
| Special Events | $907,270.00 | $515,600.00 | $588,569.00 |
| Revenue In-Kind | $38,200.00 | $0.00 | $0.00 |
| Other | $0.00 | $0.00 | $108,545.00 |
Expense Allocation
| Fiscal Year | 2022 | 2021 | 2020 |
|---|---|---|---|
| Program Expense | $1,557,966.00 | $2,749,695.00 | $737,204.00 |
| Administration Expense | $208,927.00 | $269,167.00 | $209,529.00 |
| Fundraising Expense | $547,992.00 | $355,325.00 | $300,255.00 |
| Total Revenue/Total Expenses | 199% | 95% | 339% |
| Program Expense/Total Expenses | 67% | 81% | 59% |
| Fundraising Expense/Contributed Revenue | 24% | 11% | 24% |
Top Funding Sources
| Fiscal Year | 2022 | 2021 | 2020 |
|---|---|---|---|
| Top Funding Source & Dollar Amount | Program Revenue $3,567,814.00 | Contributions, Gifts, Grants $2,007,285.00 | Contributions, Gifts, and Grants $3,122,194.00 |
| Second Highest Funding Source & Dollar Amount | Contributions, Gifts, and Grants $2,514,132.00 | Fundraising Events $515,600.00 | Fundraising Events $588,569.00 |
| Third Highest Funding Source & Dollar Amount | Fundraising Events $907,270.00 | Program Revenue $437,852.00 | Program Revenue $187,675.00 |
Assets and Liabilities
| Fiscal Year | 2022 | 2021 | 2020 |
|---|---|---|---|
| Total Assets | $7,663,678.00 | $5,267,235.00 | $5,457,526.00 |
| Current Assets | $5,959,502.00 | $4,015,473.00 | $5,139,155.00 |
| Long-Term Liabilities | $261,685.00 | $160,105.00 | $0.00 |
| Current Liabilities | $0.00 | $0.00 | $183,053.00 |
| Total Net Assets | $7,401,993.00 | $3,492,194.00 | $5,274,473.00 |
Endowment Info
Do you have an endowment?
Yes
What is the value of the endowment?
$111,870.00
What is the spending policy for your endowment?
N/A
Capital Campaign Info
Are you currently in a Capital Campaign?
No
Do you anticipate a campaign in the next 5 years?
Yes
Solicitation Permit Info
State Charitable Solicitations Permit
Yes
Permit Expiration Month
June
Permit Expiration Year
2024
Solicitations Permit
Form 990s
Audit Documents
Foundation Staff Comments
| Financial data is taken from audited financial statements. Audited Financials were prepared by Blankenship Group, PLLC. Comments provided by Hayley Sulfridge 1/16/24. |
