Civic Intelligence

Omaha Parks Foundation Inc.

990 • Fiscal year 2023 • EIN 27-3185565

Jan 01, 2023 to Dec 31, 2023 • Filed on Aug 01, 2024

PO Box 31369Omaha, NE 68131

(402) 778-0075

Siviq Scores

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

Liabilities / Assets

17th percentile

0.00x

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

2023 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2023

Liabilities / Revenue

17th percentile

0.00x

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

2023 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2023

Net Margin

77th percentile

24%

Higher net margin than 77% of similar nonprofits.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2023

Top Officer Pay

39th percentile

$0

Higher top officer pay than 39% of similar nonprofits.

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

2023 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2023

Asset Growth

83rd percentile

31%

Faster asset growth than 83% of similar nonprofits.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2022 to 2023

Revenue Growth

69th percentile

22%

Faster revenue growth than 69% of similar nonprofits.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2022 to 2023

Assets

Up

$2,463,851

Up $587,861 (+31%) from 2022

Net Assets

Up

$2,463,851

Up $587,861 (+31%) from 2022

Liabilities

Flat

$0

Flat from 2022

Revenue

Up

$2,500,228

Up $459,065 (+22%) from 2022

Expenses

Down

$1,911,398

Down $2,522,316 (-57%) from 2022

Net Income

Up

$588,830

Up $2,981,381 (+125%) from 2022

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

2023

Assets$2,463,851
Liabilities$0
Net Assets$2,463,851

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

2023

Revenue$2,500,228
Expenses$1,911,398
Net Income$588,830
Jump To
Filing Snapshot
Filing Period
Jan 1, 2023 to Dec 31, 2023
Signed
Aug 1, 2024
Return Version
2023v5.1
Gross Receipts
$2,500,228
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$1,826,778$2,461,094▲ $634,316
Cash and Non-Interest-Bearing Accounts$49,212$2,757▼ $46,455
Total Assets$1,875,990$2,463,851▲ $587,861
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Net Assets With Donor Restrictions$1,605,146$2,151,120▲ $545,974
Net Assets Without Donor Restrictions$270,844$312,731▲ $41,887
Total Net Assets Fund Balance$1,875,990$2,463,851▲ $587,861
Total Liabilities and Net Assets / Fund Balance$1,875,990$2,463,851▲ $587,861

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2023$22,000---$22,000
2022$22,000---$22,000
2021$22,000---$22,000
2020-$22,000--$22,000
Compensation and Service Providers

Board Members and Trustees

NameTitle
Mike DeboltFormer President
Gretchen McgillPresident/vice Presdient
Abraham MoraBoard Member
Ann Strauss HosfordBoard Member
Debra ParsowBoard Member
Echohawk LefthandBoard Member
Kevin CoryBoard Member
Zachary Lutz-priefertBoard Member
Tyler GloeSecretary
Phil MchenryTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$2,409,293
Program Service Revenue
$0
Investment Income
$90,935
Other Revenue
$0
All Other Contributions
$2,409,293
Change in Net Assets
$588,830
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$1,780,454
Other Expenses$130,944
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$1,780,454--$1,780,454
All Other Expenses-$14,335-$14,335
Fees for Services Legal-$5,553-$5,553
Other Expenses$11,366$5,218-$5,218
Office Expenses-$2,373-$2,373
Insurance-$2,130-$2,130
Total Functional Expenses$1,791,820$119,578$0$1,911,398
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.$1,780,454
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
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 the executive director a copy of form 990. It is also reviewed by the treasurer 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 executive director.

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
4027780075
Address
PO BOX 31369, OMAHA, NE 68131

Signing Officer

Name
Gretchen Mcgill
Title
President
Phone
4025984655
Signed
2024-08-01
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Gretchen Mcgill
Formed
2010
Legal Domicile
Ne
Voting Board Members
10
Independent Board Members
10
Employees
2
Volunteers
52

Preparer

Firm
Hbe Llp
Address
1121 N 102ND COURTSUITE 100, OMAHA, NE 68114
Preparer
Mari Frizzell Ea
Phone
4028955050
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IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus3YearsAmt03310
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus4YearsAmt08230
IRS990ScheduleA/OtherIncome509Grp/TotalAmt045942
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.98740
IRS990ScheduleA/PublicSupportPY509Pct00.99200
IRS990ScheduleA/PublicSupportTotal509Amt015505960
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt00
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt02409293
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt02011348
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt03184800
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt02537035
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt05363484
IRS990ScheduleA/Total509Grp/TotalAmt015505960
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt02500228
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt02041163
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt03229212
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt02559462
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt05373772
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt015703837
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/BeginningYearBalanceAmt022000
IRS990ScheduleD/CYEndwmtFundGrp/EndYearBalanceAmt022000
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/BeginningYearBalanceAmt022000
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/EndYearBalanceAmt022000
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/BeginningYearBalanceAmt022000
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/EndYearBalanceAmt022000
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/ContributionsAmt022000
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/EndYearBalanceAmt022000
IRS990ScheduleD/EndowmentsHeldRelatedOrgInd00
IRS990ScheduleD/EndowmentsHeldUnrelatedOrgInd00
IRS990ScheduleD/TotalBookValueLandBuildingsAmt00
IRS990ScheduleI/GrantRecordsMaintainedInd00
IRS990ScheduleI/RecipientTable/CashGrantAmt01780454
IRS990ScheduleI/RecipientTable/NonCashAssistanceAmt00
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/AddressLine1Txt01819 FARNAM STREET STE 701
IRS990ScheduleI/RecipientTable/USAddress/CityNm0OMAHA
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd0NE
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd068183
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE ADMINISTRATIVE/ACCOUNTING CONSULTANT PROVIDES THE EXECUTIVE DIRECTOR A COPY OF FORM 990. IT IS ALSO REVIEWED BY THE TREASURER 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 EXECUTIVE DIRECTOR.
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/TotalAssetsBOYAmt01875990
IRS990/TotalAssetsEOYAmt02463851
IRS990/TotalAssetsGrp/BOYAmt01875990
IRS990/TotalAssetsGrp/EOYAmt02463851
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt02409293
IRS990/TotalEmployeeCnt02
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0119578
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt01791820
IRS990/TotalFunctionalExpensesGrp/TotalAmt01911398
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt00
IRS990/TotalLiabilitiesEOYAmt00
IRS990/TotalLiabilitiesGrp/BOYAmt00
IRS990/TotalLiabilitiesGrp/EOYAmt00
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt01875990
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt02463851
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt01791820
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt090935
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt02500228
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt052
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt01875990
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt02463851
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0PO BOX 31369
IRS990/USAddress/CityNm0OMAHA
IRS990/USAddress/StateAbbreviationCd0NE
IRS990/USAddress/ZIPCd068131
IRS990/VotingMembersGoverningBodyCnt010
IRS990/VotingMembersIndependentCnt010
IRS990/WebsiteAddressTxt0WWW.OMAHAPARKSFOUNDATION.ORG
IRS990/WhistleblowerPolicyInd00
ReturnHeader/BuildTS02024-08-08 14:25:15Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0GRETCHEN MCGILL
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum04025984655
ReturnHeader/BusinessOfficerGrp/SignatureDt02024-08-01
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0OMAHA PARKS FOUNDATION
ReturnHeader/Filer/BusinessNameControlTxt0OMAH
ReturnHeader/Filer/EIN0273185565
ReturnHeader/Filer/PhoneNum04027780075
ReturnHeader/Filer/USAddress/AddressLine1Txt0PO BOX 31369
ReturnHeader/Filer/USAddress/CityNm0OMAHA
ReturnHeader/Filer/USAddress/StateAbbreviationCd0NE
ReturnHeader/Filer/USAddress/ZIPCd068131
ReturnHeader/IRSResponsiblePrtyInfoCurrInd00
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0470677245
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0HBE LLP
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt01121 N 102ND COURTSUITE 100
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0OMAHA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0NE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd068114
ReturnHeader/PreparerPersonGrp/PhoneNum04028955050
ReturnHeader/PreparerPersonGrp/PreparationDt02024-08-01
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0MARI FRIZZELL EA

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