Civic Intelligence

Omaha Parks Foundation Inc.

990 • Fiscal year 2020 • EIN 27-3185565

Jan 01, 2020 to Dec 31, 2020 • Filed on May 19, 2021

11225 Davenport No 108Omaha, NE 68154

(402) 778-9000

Siviq Scores

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

Liabilities / Assets

15th percentile

0.00x

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

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Liabilities / Revenue

15th percentile

0.00x

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

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Net Margin

78th percentile

26%

Higher net margin than 78% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Top Officer Pay

37th percentile

$0

Higher top officer pay than 37% of similar nonprofits.

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

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Asset Growth

75th percentile

24%

Faster asset growth than 75% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2019 to 2020

Revenue Growth

7th percentile

-52%

Faster revenue growth than 7% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2019 to 2020

Assets

Up

$3,338,877

Up $654,629 (+24%) from 2019

Net Assets

Up

$3,338,877

Up $654,629 (+24%) from 2019

Liabilities

Flat

$0

Flat from 2019

Revenue

Down

$2,556,953

Down $2,816,819 (-52%) from 2019

Expenses

Down

$1,904,833

Down $1,542,378 (-45%) from 2019

Net Income

Down

$652,120

Down $1,274,441 (-66%) from 2019

Historical Trend

Balance Sheet Trend

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

$6.0M$4.0M$2.0M$0Assets 2011: $71,040Liabilities 2011: $0Net Assets 2011: $71,0402011Assets 2012: $140,732Liabilities 2012: $0Net Assets 2012: $140,7322012Assets 2013: $757,940Liabilities 2013: $0Net Assets 2013: $757,9402013Assets 2014: $375,815Liabilities 2014: $0Net Assets 2014: $375,8152014Assets 2015: $428,179Liabilities 2015: $201Net Assets 2015: $427,9782015Assets 2016: $267,334Liabilities 2016: $0Net Assets 2016: $267,3342016Assets 2017: $160,417Liabilities 2017: $0Net Assets 2017: $160,4172017Assets 2018: $757,687Liabilities 2018: $0Net Assets 2018: $757,6872018Assets 2019: $2,684,248Liabilities 2019: $0Net Assets 2019: $2,684,2482019Assets 2020: $3,338,877Liabilities 2020: $0Net Assets 2020: $3,338,8772020Assets 2021: $4,269,270Liabilities 2021: $729Net Assets 2021: $4,268,5412021Assets 2022: $1,875,990Liabilities 2022: $0Net Assets 2022: $1,875,9902022Assets 2023: $2,463,851Liabilities 2023: $0Net Assets 2023: $2,463,8512023Assets 2024: $4,673,250Liabilities 2024: $449Net Assets 2024: $4,672,8012024

Highlighted filing

2020

Assets$3,338,877
Liabilities$0
Net Assets$3,338,877

Operations Trend

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

$10M$5.0M$0-$5.0MExpenses 2011: $227,8872011Expenses 2012: $185,6282012Revenue 2013: $744,107Expenses 2013: $126,899Net Income 2013: $617,2082013Revenue 2014: $1,057,275Expenses 2014: $1,439,400Net Income 2014: -$382,1252014Revenue 2015: $956,792Expenses 2015: $904,629Net Income 2015: $52,1632015Revenue 2016: $269,032Expenses 2016: $429,676Net Income 2016: -$160,6442016Revenue 2017: $181,327Expenses 2017: $288,244Net Income 2017: -$106,9172017Revenue 2018: $1,396,819Expenses 2018: $799,549Net Income 2018: $597,2702018Revenue 2019: $5,373,772Expenses 2019: $3,447,211Net Income 2019: $1,926,5612019Revenue 2020: $2,556,953Expenses 2020: $1,904,833Net Income 2020: $652,1202020Revenue 2021: $3,230,312Expenses 2021: $2,298,139Net Income 2021: $932,1732021Revenue 2022: $2,041,163Expenses 2022: $4,433,714Net Income 2022: -$2,392,5512022Revenue 2023: $2,500,228Expenses 2023: $1,911,398Net Income 2023: $588,8302023Revenue 2024: $6,624,952Expenses 2024: $4,416,002Net Income 2024: $2,208,9502024

Highlighted filing

2020

Revenue$2,556,953
Expenses$1,904,833
Net Income$652,120
Jump To
Filing Snapshot
Filing Period
Jan 1, 2020 to Dec 31, 2020
Signed
May 19, 2021
Return Version
2020v4.1
Gross Receipts
$2,557,518
Mission and Program Overview

Mission

The mission of the omaha parks foundation is to bring resources necessary to enhance the quality of our park system.

To enhance the quality of our park system through philanthropic support and investment.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$1,946,563$2,612,536▲ $665,973
Cash and Non-Interest-Bearing Accounts$737,685$726,341▼ $11,344
Total Assets$2,684,248$3,338,877▲ $654,629
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Net Assets With Donor Restrictions$2,579,503$3,143,761▲ $564,258
Net Assets Without Donor Restrictions$104,745$195,116▲ $90,371
Total Net Assets Fund Balance$2,684,248$3,338,877▲ $654,629
Total Liabilities and Net Assets / Fund Balance$2,684,248$3,338,877▲ $654,629

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2020$0$22,000--$22,000
Compensation and Service Providers

Board Members and Trustees

NameTitle
Ann Strauss HosfordPresident
Debra ParsowVice President
Abraham MoraBoard Member
Kevin CoryBoard Member
Kim DavisBoard Member
Liz BissonBoard Member
Matt GermonprezBoard Member
Mike DeboltBoard Member
Zachary Lutz-priefertBoard Member
James WaldronSecretary
Phil MchenryTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$2,537,035
Program Service Revenue
$0
Investment Income
$16,608
Other Revenue
$3,310
All Other Contributions
$2,525,035
Change in Net Assets
$652,120
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$1,860,440
Other Expenses$44,393
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$1,860,440--$1,860,440
Fees for Services Legal-$13,239-$13,239
Insurance-$1,628-$1,628
Office Expenses-$572-$572
All Other Expenses-$449-$449
Other Expenses$27,075$295-$295
Total Functional Expenses$1,887,515$17,318$0$1,904,833
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
City of Omaha - Department of Parks Recreation and Public PropertyOmaha, NE-An Opportunity to Gain Support for Special Park Projects That Cannot Be Addressed by the City Budget.$1,860,440
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$3,875
Fundraising Direct Expenses$565
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Cws Road to Omaha Run$3,875$3,875$565$3,310
Total Events$3,875$3,875$565$3,310
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
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

The administrative/accounting consultant provides each board member with a copy of the form 990 before the board meeting. At the board meeting the form 990 is reviewed by the board and given approval before it is filed.

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

At the beginning of each year board members are given a copy of the conflict of interest policy. They sign a form stating they aware of the policy and agree to abide by it. The signed forms are retained by the secretary of the board.

Form 990, Part VI, Section C, Line 19

The organization only makes documents available to the public which are required by law. Any other documents are available to the public upon request.

Filing and Contact Details

Filer

Filer Name
Omaha Parks Foundation
EIN
27-3185565
Phone
4027789000
Address
11225 DAVENPORT NO 108, OMAHA, NE 68154

Signing Officer

Name
Ann Strauss Hosford
Title
President
Phone
4025984655
Signed
2021-05-19
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Ann Strauss Hosford
Formed
2010
Legal Domicile
Ne
Voting Board Members
11
Independent Board Members
11
Employees
0
Volunteers
11

Preparer

Firm
Hbe Llp
Address
9802 NICHOLAS STREETSUITE 395, OMAHA, NE 68114-2168
Preparer
Tim a Vogel CPA
Phone
4028955050
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IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt0268
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt0139
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt0136
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt019209
IRS990ScheduleA/InvestmentIncomeCYPct00.00200
IRS990ScheduleA/InvestmentIncomePYPct00.00030
IRS990ScheduleA/NetIncomeFromOtherUBIGrp/CurrentTaxYearAmt02509
IRS990ScheduleA/NetIncomeFromOtherUBIGrp/TotalAmt02509
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearAmt03310
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus1YearAmt08230
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus2YearsAmt09371
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus3YearsAmt014436
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus4YearsAmt046183
IRS990ScheduleA/OtherIncome509Grp/TotalAmt081530
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.98940
IRS990ScheduleA/PublicSupportPY509Pct00.98680
IRS990ScheduleA/PublicSupportTotal509Amt09677159
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt00
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt02537035
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt05363484
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt01387178
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0166750
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0222712
IRS990ScheduleA/Total509Grp/TotalAmt09677159
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt02559462
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt05373772
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt01396817
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt0181325
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt0269031
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt09780407
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/CYEndwmtFundGrp/BeginningYearBalanceAmt00
IRS990ScheduleD/CYEndwmtFundGrp/ContributionsAmt022000
IRS990ScheduleD/CYEndwmtFundGrp/EndYearBalanceAmt022000
IRS990ScheduleD/EndowmentsHeldRelatedOrgInd00
IRS990ScheduleD/EndowmentsHeldUnrelatedOrgInd00
IRS990ScheduleD/TotalBookValueLandBuildingsAmt00
IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt0565
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0CWS ROAD TO OMAHA RUN
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt03875
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt03875
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt03875
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt03875
IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt03310
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssTotalEventsAmt0565
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent1Amt0565
IRS990ScheduleI/GrantRecordsMaintainedInd00
IRS990ScheduleI/RecipientTable/CashGrantAmt01860440
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt0AN OPPORTUNITY TO GAIN SUPPORT FOR SPECIAL PARK PROJECTS THAT CANNOT BE ADDRESSED BY THE CITY BUDGET.
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt0CITY OF OMAHA - DEPARTMENT OF PARKS RECREATION AND PUBLIC PROPERTY
IRS990ScheduleI/RecipientTable/RecipientEIN0476006304
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt09290 WEST DODGE ROAD SUITE 205
IRS990ScheduleI/RecipientTable/USAddress/CityNm0OMAHA
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd0NE
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IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE ADMINISTRATIVE/ACCOUNTING CONSULTANT PROVIDES EACH BOARD MEMBER WITH A COPY OF THE FORM 990 BEFORE THE BOARD MEETING. AT THE BOARD MEETING THE FORM 990 IS REVIEWED BY THE BOARD AND GIVEN APPROVAL BEFORE IT IS FILED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1AT THE BEGINNING OF EACH YEAR BOARD MEMBERS ARE GIVEN A COPY OF THE CONFLICT OF INTEREST POLICY. THEY SIGN A FORM STATING THEY AWARE OF THE POLICY AND AGREE TO ABIDE BY IT. THE SIGNED FORMS ARE RETAINED BY THE SECRETARY OF THE BOARD.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE ORGANIZATION ONLY MAKES DOCUMENTS AVAILABLE TO THE PUBLIC WHICH ARE REQUIRED BY LAW. ANY OTHER DOCUMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST.
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
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxableDistributionsInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt02684248
IRS990/TotalAssetsEOYAmt03338877
IRS990/TotalAssetsGrp/BOYAmt02684248
IRS990/TotalAssetsGrp/EOYAmt03338877
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt02537035
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt017318
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt01887515
IRS990/TotalFunctionalExpensesGrp/TotalAmt01904833
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt00
IRS990/TotalLiabilitiesEOYAmt00
IRS990/TotalLiabilitiesGrp/BOYAmt00
IRS990/TotalLiabilitiesGrp/EOYAmt00
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt02684248
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt03338877
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt01887515
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt019918
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt02556953
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt011
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt02684248
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt03338877
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt011225 DAVENPORT NO 108
IRS990/USAddress/CityNm0OMAHA
IRS990/USAddress/StateAbbreviationCd0NE
IRS990/USAddress/ZIPCd068154
IRS990/VotingMembersGoverningBodyCnt011
IRS990/VotingMembersIndependentCnt011
IRS990/WebsiteAddressTxt0WWW.OMAHAPARKSFOUNDATION.ORG
IRS990/WhistleblowerPolicyInd00
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd02
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0ANN STRAUSS HOSFORD
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.67$0.00$4.67$6.62$4.42$2.21
2023Detailed filing. Detailed filing data is available for this year.$2.46$0.00$2.46$2.50$1.91$0.59
2022Detailed filing. Detailed filing data is available for this year.$1.88$0.00$1.88$2.04$4.43$2.39
2021Detailed filing. Detailed filing data is available for this year.$4.27$0.00$4.27$3.23$2.30$0.93
2020Detailed filing. Detailed filing data is available for this year.$3.34$0.00$3.34$2.56$1.90$0.65
2019Detailed filing. Detailed filing data is available for this year.$2.68$0.00$2.68$5.37$3.45$1.93
2018Detailed filing. Detailed filing data is available for this year.$0.76$0.00$0.76$1.40$0.80$0.60
2017Detailed filing. Detailed filing data is available for this year.$0.16$0.00$0.16$0.18$0.29$0.11
2016Detailed filing. Detailed filing data is available for this year.$0.27$0.00$0.27$0.27$0.43$0.16
2015Detailed filing. Detailed filing data is available for this year.$0.43$0.00$0.43$0.96$0.90$0.05
2014Detailed filing. Detailed filing data is available for this year.$0.38$0.00$0.38$1.06$1.44$0.38
2013Detailed filing. Detailed filing data is available for this year.$0.76$0.00$0.76$0.74$0.13$0.62
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.14$0.00$0.14$0.19
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.07$0.00$0.07$0.23