Civic Intelligence

Dallas Parks Foundation

990 • Fiscal year 2022 • EIN 20-0012044

Jan 01, 2022 to Dec 31, 2022 • Filed on Mar 01, 2022

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

Score unavailable

No value available

Liabilities-to-assets requires both liabilities and assets on this filing.

Source year 2022

Liabilities / Revenue

58th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Net Margin

2nd percentile

-439%

Higher net margin than 2% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Top Officer Pay

78th percentile

$0

Higher top officer pay than 78% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Asset Growth

2nd percentile

-100%

Faster asset growth than 2% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Annualized from 2021 to 2022

Revenue Growth

7th percentile

-70%

Faster revenue growth than 7% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Annualized from 2021 to 2022

Assets

Down

$0

Down $903,243 (-100%) from 2021

Net Assets

Down

$0

Down $903,243 (-100%) from 2021

Liabilities

Flat

$0

Flat from 2021

Revenue

Down

$77,096

Down $182,645 (-70%) from 2021

Expenses

Up

$415,451

Up $172,819 (+71%) from 2021

Net Income

Down

-$338,355

Down $355,464 (-2078%) from 2021

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

2022

Assets$0
Liabilities$0
Net Assets$0

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

2022

Revenue$77,096
Expenses$415,451
Net Income-$338,355
Jump To
Filing Snapshot
Filing Period
Jan 1, 2022 to Dec 31, 2022
Signed
Mar 1, 2022
Return Version
2022v5.0
Gross Receipts
$77,096
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$903,243$0▼ $903,243
Cap Stk Tr Prin Current Funds$903,243$0▼ $903,243
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Rtn Earn Endowment Incm Other Fnds$0$0→ $0
Total Assets$903,243$0▼ $903,243
Liabilities
Accounts Payable and Accrued Expenses$0--
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Total Net Assets Fund Balance$903,243$0▼ $903,243
Total Liabilities and Net Assets / Fund Balance$903,243$0▼ $903,243
Compensation and Service Providers

Board Members and Trustees

NameTitle
Robbie GoodPresident
Charisse BeaupreauDirector
Diane JenningsDirector
Donald GranetoDirector
John D LoveDirector
Aaron AbelsonSecretary
Nicholas J DiCarloTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$77,096
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$0
All Other Contributions
$77,096
Change in Net Assets
$-338,355
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$415,451
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Expenses$382,509$0$0$382,509
Office Expenses$10,606$10,606-$21,212
Fees for Services Accounting-$11,730-$11,730
Total Functional Expenses$393,115$22,336$0$415,451
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
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 and the form was sent to all board members for their 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 President or Executive Director 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
2022-03-01

Organization Details

Principal Officer
Nicholas DiCarlo
Formed
2003
Legal Domicile
TX
Voting Board Members
7
Independent Board Members
7
Employees
0
Volunteers
0
Supplemental Narrative

Additional Explanations

Form 990, Part XI, Line 9

Money was transferred to other Non Profit 501C3s

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This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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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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IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0The Dallas Parks Foundation is dedicated to preserving, protecting, promoting and enhancing existing Dallas Parks while making a lasting contribution to the Park System.
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IRS990ScheduleA/GovtFurnSrvcFcltsVl509Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt049
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt082
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt01618
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt02106
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt02106
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt05961
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt00
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt00
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt00
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt00
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt00
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/CurrentTaxYearMinus1YearAmt00
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/CurrentTaxYearMinus2YearsAmt00
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/CurrentTaxYearMinus3YearsAmt00
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/CurrentTaxYearMinus4YearsAmt00
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/TotalAmt00
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt049
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt082
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt01618
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt02106
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt02106
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt05961
IRS990ScheduleA/InvestmentIncomeCYPct00.00316
IRS990ScheduleA/InvestmentIncomePYPct00.00343
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.99684
IRS990ScheduleA/PublicSupportPY509Pct00.99424
IRS990ScheduleA/PublicSupportTotal509Amt01877743
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearAmt00
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus1YearAmt00
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus2YearsAmt00
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus3YearsAmt00
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus4YearsAmt00
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt00
IRS990ScheduleA/SubstantialContributorsAmtGrp/CurrentTaxYearMinus1YearAmt00
IRS990ScheduleA/SubstantialContributorsAmtGrp/CurrentTaxYearMinus2YearsAmt00
IRS990ScheduleA/SubstantialContributorsAmtGrp/CurrentTaxYearMinus3YearsAmt00
IRS990ScheduleA/SubstantialContributorsAmtGrp/CurrentTaxYearMinus4YearsAmt00
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft509Grp/CurrentTaxYearMinus1YearAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft509Grp/CurrentTaxYearMinus2YearsAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft509Grp/CurrentTaxYearMinus3YearsAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft509Grp/CurrentTaxYearMinus4YearsAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft509Grp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsPY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt077097
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0314114
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0355584
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0511211
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0619737
IRS990ScheduleA/Total509Grp/TotalAmt01877743
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt077146
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0314196
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt0357202
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt0513317
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt0621843
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt01883704
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
IRS990/ScheduleJRequiredInd00
IRS990ScheduleN/AssetsDistributedInd01
IRS990ScheduleN/BondsOutstandingInd00
IRS990ScheduleN/DirectorOfSuccessor2Ind00
IRS990ScheduleN/DirectorOfSuccessorInd00
IRS990ScheduleN/DispositionOfAssetsDetail/AssetsDistriOrExpnssPaidDesc0Restricted funds bank balance
IRS990ScheduleN/DispositionOfAssetsDetail/BusinessName/BusinessNameLine1Txt0Communities Foundation of Texas Inc
IRS990ScheduleN/DispositionOfAssetsDetail/DistributionDt02022-07-26
IRS990ScheduleN/DispositionOfAssetsDetail/EIN0750964565
IRS990ScheduleN/DispositionOfAssetsDetail/FairMarketValueOfAssetAmt0601490
IRS990ScheduleN/DispositionOfAssetsDetail/IRCSectionTxt0501(c)(3)
IRS990ScheduleN/DispositionOfAssetsDetail/MethodOfFMVDeterminationTxt0It was the cash balance of the account
IRS990ScheduleN/DispositionOfAssetsDetail/USAddress/AddressLine1Txt05500 Caruth Haven Ln
IRS990ScheduleN/DispositionOfAssetsDetail/USAddress/CityNm0Dallas
IRS990ScheduleN/DispositionOfAssetsDetail/USAddress/StateAbbreviationCd0TX
IRS990ScheduleN/DispositionOfAssetsDetail/USAddress/ZIPCd075225
IRS990ScheduleN/EmployeeOfSuccessor2Ind00
IRS990ScheduleN/EmployeeOfSuccessorInd00
IRS990ScheduleN/LiabilitiesPaidInd01
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/AssetsDistriOrExpnssPaidDesc0Balance in bank
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/BusinessName/BusinessNameLine1Txt0City of Dallas Parks and Recreation
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/DistributionDt02022-11-09
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/FairMarketValueOfAssetAmt012178
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/MethodOfFMVDeterminationTxt0Actual cash value
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/USAddress/AddressLine1Txt01500 Marilla St
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/USAddress/CityNm0Dallas
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/USAddress/StateAbbreviationCd0TX
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/USAddress/ZIPCd075201
IRS990ScheduleN/OwnerOfSuccessor2Ind00
IRS990ScheduleN/OwnerOfSuccessorInd00
IRS990ScheduleN/ReceiveCompensation2Ind00
IRS990ScheduleN/ReceiveCompensationInd00
IRS990ScheduleN/RequiredToNotifyAGInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0The Treasurer and President reviewed the answers and disclosures included in Form 990 and the form was sent to all board members for their 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 President or Executive Director of the organization
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Money was transferred to other Non Profit 501C3s
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
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Part XI, Line 9
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0TX

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2022Detailed filing. Detailed filing data is available for this year.$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
2020Facts available. Structured filing facts are available, but richer extracted sections are limited.$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