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 | 2023 | 2022 | 2021 |
|---|---|---|---|
| Total Revenue | $3,872,988.00 | $4,609,748.00 | $3,206,844.00 |
| Total Expenses | $3,032,292.00 | $2,314,885.00 | $3,374,187.00 |
| Revenue Less Expenses | $840,696.00 | $2,294,863.00 | ($167,343.00) |
Revenue Sources
| Fiscal Year | 2023 | 2022 | 2021 |
|---|---|---|---|
| Foundation and Corporation Contributions | $760,188.00 | $0.00 | $39,878.00 |
| Government - Federal | $0.00 | $0.00 | $108,545.00 |
| 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 | $1,119,123.00 | $2,514,132.00 | $2,007,285.00 |
| Indirect Public Support | $0.00 | $0.00 | $0.00 |
| Earned Revenue | $1,705,256.00 | $3,567,814.00 | $437,852.00 |
| Investment Income, Net of Losses | $42,229.00 | $14,370.00 | $21,056.00 |
| Membership Dues | $85,030.00 | $82,094.00 | $76,628.00 |
| Special Events | $122,962.00 | $907,270.00 | $515,600.00 |
| Revenue In-Kind | $38,200.00 | $38,200.00 | $0.00 |
| Other | $0.00 | $0.00 | $0.00 |
Expense Allocation
| Fiscal Year | 2023 | 2022 | 2021 |
|---|---|---|---|
| Program Expense | $1,939,662.00 | $1,557,966.00 | $2,749,695.00 |
| Administration Expense | $309,997.00 | $208,927.00 | $269,167.00 |
| Fundraising Expense | $782,633.00 | $547,992.00 | $355,325.00 |
| Total Revenue/Total Expenses | 128% | 199% | 95% |
| Program Expense/Total Expenses | 64% | 67% | 81% |
| Fundraising Expense/Contributed Revenue | 26% | 24% | 11% |
Top Funding Sources
| Fiscal Year | 2023 | 2022 | 2021 |
|---|---|---|---|
| Top Funding Source & Dollar Amount | Program Revenue $1,705,256.00 | Program Revenue $3,567,814.00 | Contributions, Gifts, Grants $2,007,285.00 |
| Second Highest Funding Source & Dollar Amount | Contributions, Gifts, and Grants $1,119,123.00 | Contributions, Gifts, and Grants $2,514,132.00 | Fundraising Events $515,600.00 |
| Third Highest Funding Source & Dollar Amount | Foundations and Corporations $760,188.00 | Fundraising Events $907,270.00 | Program Revenue $437,852.00 |
Assets and Liabilities
| Fiscal Year | 2023 | 2022 | 2021 |
|---|---|---|---|
| Total Assets | $8,576,844.00 | $7,663,678.00 | $5,267,235.00 |
| Current Assets | $8,513,508.00 | $5,959,502.00 | $4,015,473.00 |
| Long-Term Liabilities | $334,155.00 | $261,685.00 | $160,105.00 |
| Current Liabilities | $0.00 | $0.00 | $0.00 |
| Total Net Assets | $8,576,844.00 | $7,401,993.00 | $3,492,194.00 |
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
Under Extension
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 12/11/24. |
