Civic Intelligence

Foundation Park Conservancy DBA Ariel-Foundation Park Conservancy

EIN 26-4646309 • 501(c)3 • Mount Vernon, OH

Profile

To make Ariel-Foundation Park a world class example of adaptive reuse that honors its industrial heritage and makes it the focal point for recreation, entertainment, and social interaction in Knox County.

PO Box 664Mount Vernon, OH 43050

arielfoundationpark.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

36th percentile

0.00x

Higher debt load relative to assets than 36% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Source year 2024

Liabilities / Revenue

40th percentile

0.00x

Higher debt load relative to revenue than 40% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Source year 2024

Net Margin

7th percentile

-52%

Higher net margin than 7% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Source year 2024

Top Officer Pay

Score unavailable

No value available

No filing with officer rows is available for this organization yet.

Asset Growth

26th percentile

-5.6%

Faster asset growth than 26% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Annualized from 2022 to 2024

Revenue Growth

23rd percentile

-11%

Faster revenue growth than 23% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Annualized from 2022 to 2024

Assets

Down

$907,760

Down $147,524 (-14%) from 2023

Liabilities

Down

$1,170

Down $1,874 (-62%) from 2023

Net Assets

Down

$906,590

Down $145,650 (-14%) from 2023

Revenue

Down

$278,205

Down $367,811 (-57%) from 2023

Expenses

Up

$423,855

Up $157,709 (+59%) from 2023

Net Income

Down

-$145,650

Down $525,520 (-138%) from 2023

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$8.0M$6.0M$4.0M$2.0M$0-$2.0MAssets 2013: $3,992,326Liabilities 2013: $0Net Assets 2013: $3,992,3262013Assets 2014: $7,339,206Liabilities 2014: $0Net Assets 2014: $7,339,2062014Assets 2016: -$3,461Liabilities 2016: $0Net Assets 2016: -$3,4612016Assets 2017: $38,790Liabilities 2017: $0Net Assets 2017: $38,7902017Assets 2018: $27,591Liabilities 2018: $0Net Assets 2018: $27,5912018Assets 2019: $441,567Liabilities 2019: $0Net Assets 2019: $441,5672019Assets 2020: $623,977Liabilities 2020: $147,676Net Assets 2020: $476,3012020Assets 2021: $944,534Liabilities 2021: $330,488Net Assets 2021: $614,0462021Assets 2022: $1,019,115Liabilities 2022: $346,745Net Assets 2022: $672,3702022Assets 2023: $1,055,284Liabilities 2023: $3,044Net Assets 2023: $1,052,2402023Assets 2024: $907,760Liabilities 2024: $1,170Net Assets 2024: $906,5902024

Highlighted filing

2024

Assets$907,760
Liabilities$1,170
Net Assets$906,590

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$6.0M$4.0M$2.0M$0-$2.0MRevenue 2013: $4,084,682Expenses 2013: $158,494Net Income 2013: $3,926,1882013Revenue 2014: $3,799,005Expenses 2014: $452,125Net Income 2014: $3,346,8802014Revenue 2016: $163,254Expenses 2016: $252,125Net Income 2016: -$88,8712016Revenue 2017: $425,777Expenses 2017: $383,526Net Income 2017: $42,2512017Revenue 2018: $649,093Expenses 2018: $660,292Net Income 2018: -$11,1992018Revenue 2019: $738,337Expenses 2019: $474,361Net Income 2019: $263,9762019Revenue 2020: $189,227Expenses 2020: $159,633Net Income 2020: $29,5942020Revenue 2021: $299,113Expenses 2021: $161,368Net Income 2021: $137,7452021Revenue 2022: $347,346Expenses 2022: $289,022Net Income 2022: $58,3242022Revenue 2023: $646,016Expenses 2023: $266,146Net Income 2023: $379,8702023Revenue 2024: $278,205Expenses 2024: $423,855Net Income 2024: -$145,6502024

Highlighted filing

2024

Revenue$278,205
Expenses$423,855
Net Income-$145,650

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Oct 2, 2025
Return Version
2024v5.2
Gross Receipts
$293,929
Mission and Program Overview

Mission

The Conservancy was established to raise funds to build, enhance, and maintain the abandoned quarry known as "Foundation Park" to be used as parkland.

To lead and support the economic stability, preservation, development, programming and promotion of Ariel-Foundation Park in collaboration with the City of Mount Vernon.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$1,003,527$810,238▼ $193,289
Cash and Non-Interest-Bearing Accounts$51,757$97,522▲ $45,765
Savings and Temporary Cash Investments-$0-
Accounts Receivable-$0-
Other Notes and Loans Receivable, Net-$0-
Pledges and Grants Receivable-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Investments in Publicly Traded Securities-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Prepaid Expenses and Deferred Charges-$0-
Total Assets$1,055,284$907,760▼ $147,524
Other Assets Total-$0-
Liabilities
Accounts Payable and Accrued Expenses$3,044$1,170▼ $1,874
Total Liabilities$3,044$1,170▼ $1,874
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$1,052,240$906,590▼ $145,650
Total Net Assets Fund Balance$1,052,240$906,590▼ $145,650
Total Liabilities and Net Assets / Fund Balance$1,055,284$907,760▼ $147,524

Asset Categories

AssetBook ValueDepreciationBasis
Leasehold Improvements$239,621$106,370$345,991
Buildings$267,304$30,437$297,741
Land$292,260-$292,260
Equipment$11,053$27,326$38,379
Compensation and Service Providers

Board Members and Trustees

NameTitle
Nick ClarkPresident
Jeff ScottVice President
Chris HinerBoard Member
David HeithausBoard Member
Jen OdenwellerSecretary
Josh MulletTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$170,047
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$108,158
All Other Contributions
$101,100
Change in Net Assets
$-145,650
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$193,104
Grants and Similar Amounts Paid$146,650
Salaries, Compensation, and Employee Benefits$84,101
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$146,650--$146,650
Depreciation Depletion$50,139--$50,139
Current Officers, Directors, Trustees, and Key Employees$35,050$15,021-$50,071
Other Salaries and Wages$26,823--$26,823
Insurance$11,319$4,851-$16,170
Payroll Taxes$4,117$1,765-$5,882
Occupancy$5,320--$5,320
Advertising$4,720--$4,720
Fees for Services Legal-$3,151-$3,151
Office Expenses$1,744$747-$2,491
Other Employee Benefits$928$397-$1,325
Other Expenses$362$1,247-$1,247
All Other Expenses-$946-$946
Fees for Services Accounting-$875-$875
Total Functional Expenses$391,239$32,616$0$423,855
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Knox Co Land Reutilization CoMount Vernon, OH501 C 3revitilization$0
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$54,087
Fundraising Direct Expenses$12,619
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Friends of the Park$55,846---
Concert Series$38,987$38,987$9,599$29,388
Total Events$105,433$49,587$12,619$36,968
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Backup withholding compliance
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

Copy of 990 is provided to each board member IN ADVANCE OF FILING WITH TIME ALLOWED FOR INPUT. FILED COPY IS THEN REVIEWED IN A BOARD MEETING.

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

The board conflict of interest policy is reviewed annually. Directors and key personnel complete and sign an annual disclosure statement and are reminded to contact an officer or board member if a perceived conflict should arise.

Form 990, Part VI, Section C, Line 19

Governing documents, policies, and other relevant information is maintained by officers of the organization.

Filing and Contact Details

Filer

Filer Name
Foundation Park Conservancy
EIN
26-4646309
Phone
7403924940
Address
PO BOX 664, MOUNT VERNON, OH 43050

Signing Officer

Name
Josh Mullet
Title
Treasurer
Signed
2025-10-02
Discuss with paid preparer
Yes

Organization Details

Formed
2009
Legal Domicile
Oh
Voting Board Members
6
Independent Board Members
0
Employees
8
Volunteers
98

Preparer

Firm
McDaniel CPA LLC
Address
20 W Ohio Avenue, Mount Vernon, OH 43050
Preparer
Renee Mcdaniel
Phone
7403971721
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IRS990/PledgesAndGrantsReceivableGrp/EOYAmt00
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt00
IRS990/ProfessionalFundraisingInd0false
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt0557049
IRS990/PYExcessBenefitTransInd0false
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt0134128
IRS990/PYOtherRevenueAmt088967
IRS990/PYRevenuesLessExpensesAmt0379870
IRS990/PYSalariesCompEmpBnftPaidAmt0132018
IRS990/PYTotalExpensesAmt0266146
IRS990/PYTotalRevenueAmt0646016
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt0-145650
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/RentalIncomeOrLossGrp/RealAmt041690
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/SavingsAndTempCashInvstGrp/EOYAmt00
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt0213163
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt0589919
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt0267646
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt0158943
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt098416
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt01328087
IRS990ScheduleA/GovtFurnSrvcFcltsVl509Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt00
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt035971
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt05482
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt026736
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt0122695
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt063879
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt0254763
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/TotalAmt00
IRS990ScheduleA/InvestmentIncomeCYPct00.00000
IRS990ScheduleA/NetIncomeFromOtherUBIGrp/TotalAmt00
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearAmt044795
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus1YearAmt061100
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus2YearsAmt071050
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus3YearsAmt079427
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus4YearsAmt038949
IRS990ScheduleA/OtherIncome509Grp/TotalAmt0295321
IRS990ScheduleA/Post1975UBTIGrp/TotalAmt00
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.84280
IRS990ScheduleA/PublicSupportPY509Pct00.84930
IRS990ScheduleA/PublicSupportTotal509Amt01582850
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft509Grp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0249134
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0595401
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0294382
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0281638
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0162295
IRS990ScheduleA/Total509Grp/TotalAmt01582850
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0293929
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0656501
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt0365432
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt0361065
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt0201244
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt01878171
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/ScheduleBRequiredInd0true
IRS990ScheduleD/BuildingsGrp/BookValueAmt0267304
IRS990ScheduleD/BuildingsGrp/DepreciationAmt030437
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt0297741
IRS990ScheduleD/EquipmentGrp/BookValueAmt011053
IRS990ScheduleD/EquipmentGrp/DepreciationAmt027326
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt038379
IRS990ScheduleD/LandGrp/BookValueAmt0292260
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0292260
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt0239621
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt0106370
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt0345991
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0810238
IRS990ScheduleG/AgrmtProfFundraisingActyInd0false
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContributionsTotAmt055846
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContriEvent1Amt055846
IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt012619
IRS990ScheduleG/FundraisingEventInformationGrp/EntertainmentEvent2Amt03020
IRS990ScheduleG/FundraisingEventInformationGrp/EntertainmentTotalEventsAmt03020
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0FRIENDS OF THE PARK
IRS990ScheduleG/FundraisingEventInformationGrp/Event2Nm0Concert Series
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt055846
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent2Amt038987
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsOtherEventsAmt010600
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt0105433
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent2Amt038987
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueOtherEventsAmt010600
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt049587
IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt036968
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssTotalEventsAmt09599
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent2Amt09599
IRS990ScheduleG/FundraisingEventInformationGrp/OtherEventsTotalCnt01
IRS990ScheduleI/GrantRecordsMaintainedInd0false
IRS990ScheduleI/RecipientTable/CashGrantAmt00
IRS990ScheduleI/RecipientTable/IRCSectionDesc0501 C 3
IRS990ScheduleI/RecipientTable/NonCashAssistanceAmt0146650
IRS990ScheduleI/RecipientTable/NonCashAssistanceDesc0Land
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt0revitilization
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt0Knox Co Land Reutilization Co
IRS990ScheduleI/RecipientTable/RecipientEIN0824086618
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt0507 W High St
IRS990ScheduleI/RecipientTable/USAddress/CityNm0Mount Vernon
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd0OH
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd043050
IRS990ScheduleI/RecipientTable/ValuationMethodUsedDesc0Fair Market Value
IRS990ScheduleI/Total501c3OrgCnt00
IRS990ScheduleI/TotalOtherOrgCnt01
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Copy of 990 is provided to each board member IN ADVANCE OF FILING WITH TIME ALLOWED FOR INPUT. FILED COPY IS THEN REVIEWED IN A BOARD MEETING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE BOARD CONFLICT OF INTEREST POLICY IS REVIEWED ANNUALLY. DIRECTORS AND KEY PERSONNEL COMPLETE AND SIGN AN ANNUAL DISCLOSURE STATEMENT AND ARE REMINDED TO CONTACT AN OFFICER OR BOARD MEMBER IF A PERCEIVED CONFLICT SHOULD ARISE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Governing documents, policies, and other relevant information is maintained by officers 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/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false

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