Civic Intelligence

Dallas Parks Foundation

990 • Fiscal year 2020 • EIN 20-0012044

Jan 01, 2020 to Dec 31, 2020 • Filed on May 13, 2021

9540 Garland Rd Suite 381-117Dallas, TX 75218

(972) 816-7971

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

37th percentile

0.01x

Higher debt load relative to assets than 37% of similar nonprofits.

2020 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2020

Liabilities / Revenue

41st percentile

0.02x

Higher debt load relative to revenue than 41% of similar nonprofits.

2020 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2020

Net Margin

28th percentile

-6.0%

Higher net margin than 28% of similar nonprofits.

2020 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2020

Top Officer Pay

68th percentile

$52,248

Higher top officer pay than 68% of similar nonprofits.

Top officer pay equals 14.6% of source-year revenue.

2020 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2020

Asset Growth

26th percentile

-2.1%

Faster asset growth than 26% of similar nonprofits.

2020 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2019 to 2020

Revenue Growth

19th percentile

-30%

Faster revenue growth than 19% of similar nonprofits.

2020 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2019 to 2020

Assets

Down

$893,614

Down $19,529 (-2.1%) from 2019

Net Assets

Down

$886,134

Down $21,604 (-2.4%) from 2019

Liabilities

Up

$7,480

Up $2,075 (+38%) from 2019

Revenue

Down

$357,203

Down $156,124 (-30%) from 2019

Expenses

Down

$378,807

Down $43,796 (-10%) from 2019

Net Income

Down

-$21,604

Down $112,328 (-124%) from 2019

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$2.0M$1.5M$1.0M$500K$0Assets 2011: $1,729,025Liabilities 2011: $0Net Assets 2011: $1,729,0252011Assets 2012: $1,505,664Liabilities 2012: $264Net Assets 2012: $1,505,4002012Assets 2013: $1,313,147Liabilities 2013: $4,974Net Assets 2013: $1,308,1732013Assets 2014: $832,948Liabilities 2014: $29,449Net Assets 2014: $803,4992014Assets 2015: $789,710Liabilities 2015: $929Net Assets 2015: $788,7812015Assets 2016: $903,534Liabilities 2016: $18Net Assets 2016: $903,5162016Assets 2017: $766,514Liabilities 2017: $45Net Assets 2017: $766,4692017Assets 2018: $822,825Liabilities 2018: $417Net Assets 2018: $822,4082018Assets 2019: $913,143Liabilities 2019: $5,405Net Assets 2019: $907,7382019Assets 2020: $893,614Liabilities 2020: $7,480Net Assets 2020: $886,1342020Assets 2021: $903,243Liabilities 2021: $0Net Assets 2021: $903,2432021Assets 2022: $0Liabilities 2022: $0Net Assets 2022: $02022

Highlighted filing

2020

Assets$893,614
Liabilities$7,480
Net Assets$886,134

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$2.0M$1.0M$0-$1.0MRevenue 2011: $1,627,126Expenses 2011: $481,330Net Income 2011: $1,145,7962011Expenses 2012: $520,0522012Revenue 2013: $301,073Expenses 2013: $504,587Net Income 2013: -$203,5142013Revenue 2014: $211,278Expenses 2014: $717,111Net Income 2014: -$505,8332014Revenue 2015: $672,610Expenses 2015: $679,835Net Income 2015: -$7,2252015Revenue 2016: $372,963Expenses 2016: $258,228Net Income 2016: $114,7352016Revenue 2017: $326,815Expenses 2017: $463,862Net Income 2017: -$137,0472017Revenue 2018: $621,843Expenses 2018: $565,904Net Income 2018: $55,9392018Revenue 2019: $513,327Expenses 2019: $422,603Net Income 2019: $90,7242019Revenue 2020: $357,203Expenses 2020: $378,807Net Income 2020: -$21,6042020Revenue 2021: $259,741Expenses 2021: $242,632Net Income 2021: $17,1092021Revenue 2022: $77,096Expenses 2022: $415,451Net Income 2022: -$338,3552022

Highlighted filing

2020

Revenue$357,203
Expenses$378,807
Net Income-$21,604
Jump To
Filing Snapshot
Filing Period
Jan 1, 2020 to Dec 31, 2020
Signed
May 13, 2021
Return Version
2020v4.0
Gross Receipts
$357,203
Mission and Program Overview

Mission

The Dallas Parks Foundation is dedicated to preserving, protecting, promoting, and enhancing existing Dallas parks while making a lasting contribution to the City of Dallas and its park system.

The Dallas Parks Foundation is dedicated to preserving, protecting, promoting and enhancing existing Dallas Parks while making a lasting contribution to the Park System by securing funds to promote the use of our parks and support the development of new and exciting recreational amenities within the City of Dallas.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$913,093$893,614▼ $19,479
Cap Stk Tr Prin Current Funds$907,738$886,134▼ $21,604
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Rtn Earn Endowment Incm Other Fnds$0$0→ $0
Total Assets$913,143$893,614▼ $19,529
Other Assets Total$50--
Liabilities
Other Liabilities$5,405$7,480▲ $2,075
Total Liabilities$5,405$7,480▲ $2,075
Net Assets / Fund Balance
Total Net Assets Fund Balance$907,738$886,134▼ $21,604
Total Liabilities and Net Assets / Fund Balance$913,143$893,614▼ $19,529
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Samuel F StilesExecutive DirectorFT$52,248$52,248
Christi CarterExecutive DirectorFT$30,215$30,215

Board Members and Trustees

NameTitle
Robbie GoodPresident
Brent NicholsonDirector
Cynthia HinojosaDirector
Diane JenningsDirector
Donald GranetoDirector
John D LoveDirector
Aaron AbelsonSecretary
Nicholas J DiCarloTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$355,584
Program Service Revenue
$0
Investment Income
$1,619
Other Revenue
$0
All Other Contributions
$355,584
Change in Net Assets
$-21,604
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$284,483
Salaries, Compensation, and Employee Benefits$94,324
Total Fundraising Expense$11,151
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Expenses$251,777$0$0$251,777
Comp Disqual Persons$61,848$12,369$8,246$82,463
Office Expenses$12,948$9,044$1,326$23,318
Payroll Taxes$4,558$916$603$6,077
Other Employee Benefits$4,338$868$578$5,784
Fees for Services Accounting$2,684$141-$2,825
Fees for Services Legal$1,848$370$246$2,464
Insurance$1,394$178-$1,572
Advertising$1,139$228$152$1,519
Fees for Services Other$775--$775
Information Technology$233--$233
Total Functional Expenses$343,542$24,114$11,151$378,807
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Credit Card$7,480
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section B, Line 11B

The Treasurer and President reviewed the answers and disclosures included in Form 990. Additionally, the form was sent to all board members for their inspection and review.

Form 990, Part VI, Section B, Line 12C

The Board of Directors are required to disclose any conflicts of interest on an annual basis.

Form 990, Part VI, Section C, Line 19

The Organization makes its governing documents, policies, and financial statements available to the public through written request to the Executive Director or the President of the organization.

Filing and Contact Details

Filer

Filer Name
Dallas Parks Foundation
EIN
20-0012044
Phone
9728167971
Address
9540 Garland Rd Suite 381-117, Dallas, TX 75218

Signing Officer

Name
Nick DiCarlo
Title
Treasurer
Phone
9728167971
Signed
2021-05-13

Organization Details

Principal Officer
Robbie Good
Formed
2004
Legal Domicile
TX
Voting Board Members
7
Independent Board Members
7
Employees
2
Volunteers
7
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IRS990/ProgSrvcAccomActy2Grp/Desc0The Dallas Parks Foundation partnered with the Dallas Parks and Recreation Department to facilitate the Best Buy Teen Tech Center. An innovative, creative, out-of-school learning space where young people, ages 12-17, can work with adult mentors to develop new skills, explore their own ideas, and build confidence in themselves through the use of cutting-edge technology. The students have access to a full audio recording studio, and editing bay, film and television productions, 3D graphics, and an animation studio.
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IRS990/ProgSrvcAccomActy3Grp/Desc0The Dallas Parks Foundation continues to support local friends groups and parks to assist in enhancing the beauty and beneficial use of public lands and right of ways in the city and parks. The foundation does this by promoting, securing, and administering funds to enhance and maintain parks throughout Dallas, increasing public funds for the parks systems, and raising community awareness of park stewardship. In addition, the Foundation promotes charitable, scientific, literary, educational, social, and public health and wellness activities and programs to benefit the park system, land conservation, and public health and wellness.
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IRS990/RelatedOrganizationsAmt00
IRS990/RentalIncomeOrLossGrp/PersonalAmt00
IRS990/RentalIncomeOrLossGrp/RealAmt00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd00
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt0125
IRS990/RoyaltiesRevenueGrp/ExclusionAmt00
IRS990/RoyaltiesRevenueGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/RoyaltiesRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt00
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt00
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0This was from a prior year
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0Schedule A, Part III, Line 12
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt0355584
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt0511211
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt0619737
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt0320429
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt0372723
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt02179684
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt01618
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt02106
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt02106
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt01402
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt07232
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt01618
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt02106
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt02106
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt01402
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt00
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt07232
IRS990ScheduleA/InvestmentIncomeCYPct00.00330
IRS990ScheduleA/InvestmentIncomePYPct00.0016
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus3YearsAmt04983
IRS990ScheduleA/OtherIncome509Grp/TotalAmt04983
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.99443
IRS990ScheduleA/PublicSupportPY509Pct00.995
IRS990ScheduleA/PublicSupportTotal509Amt02179684
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0355584
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0511211
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0619737
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0320429
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0372723
IRS990ScheduleA/Total509Grp/TotalAmt02179684
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0357202
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0513317
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt0621843
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt0326814
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt0372723
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt02191899
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt07480
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0Credit Card
IRS990ScheduleD/TotalLiabilityAmt07480
IRS990ScheduleJ/AnyNonFixedPaymentsInd00
IRS990ScheduleJ/BoardOrCommitteeApprovalInd0X
IRS990ScheduleJ/CompBasedOnRevenueOfFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsRltdOrgsInd00
IRS990ScheduleJ/CompBsdOnRevRelatedOrgsInd00
IRS990ScheduleJ/EquityBasedCompArrngmInd00
IRS990ScheduleJ/InitialContractExceptionInd00
IRS990/ScheduleJRequiredInd01
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt052248
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt130215
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0Samuel F Stiles
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm1Christi Carter
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0Executive Director
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt1Executive Director
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt052248
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt130215
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt10
IRS990ScheduleJ/SeverancePaymentInd00
IRS990ScheduleJ/SupplementalInformationDetail/ExplanationTxt0The board meets to discuss and agree to employment terms and salary.
IRS990ScheduleJ/SupplementalInformationDetail/FormAndLineReferenceDesc0Schedule J, Part I, Line 3
IRS990ScheduleJ/SupplementalNonqualRtrPlanInd00
IRS990ScheduleJ/WrittenEmploymentContractInd0X
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0The Treasurer and President reviewed the answers and disclosures included in Form 990. Additionally, the form was sent to all board members for their inspection and review.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1The Board of Directors are required to disclose any conflicts of interest on an annual basis.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2The Organization makes its governing documents, policies, and financial statements available to the public through written request to the Executive Director or the President of the organization.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Section B, Line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Section B, Line 12c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Section C, Line 19
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.00$0.00$0.00$0.08$0.42$0.34
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.90$0.00$0.90$0.26$0.24$0.02
2020Detailed filing. Detailed filing data is available for this year.$0.89$0.01$0.89$0.36$0.38$0.02
2019Summary only. Only limited summary data is available for this year.$0.91$0.01$0.91$0.51$0.42$0.09
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.82$0.00$0.82$0.62$0.57$0.06
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.77$0.00$0.77$0.33$0.46$0.14
2016Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.90$0.00$0.90$0.37$0.26$0.11
2015Detailed filing. Detailed filing data is available for this year.$0.79$0.00$0.79$0.67$0.68$0.01
2014Detailed filing. Detailed filing data is available for this year.$0.83$0.03$0.80$0.21$0.72$0.51
2013Detailed filing. Detailed filing data is available for this year.$1.31$0.00$1.31$0.30$0.50$0.20
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.51$0.00$1.51$0.52
2011Summary only. Only limited summary data is available for this year.$1.73$0.00$1.73$1.63$0.48$1.15