Civic Intelligence

Cascade Locks Park Association

990 • Fiscal year 2013 • EIN 34-1621024

Jan 01, 2013 to Dec 31, 2013 • Filed on Nov 17, 2014

248 Ferndale Street44304

(330) 374-5625

Siviq Scores

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

Liabilities / Assets

35th percentile

0.04x

Higher debt load relative to assets than 35% of similar nonprofits.

2013 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2013

Liabilities / Revenue

78th percentile

0.61x

Higher debt load relative to revenue than 78% of similar nonprofits.

2013 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2013

Net Margin

4th percentile

-66%

Higher net margin than 4% of similar nonprofits.

2013 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2013

Top Officer Pay

38th percentile

$0

Higher top officer pay than 38% of similar nonprofits.

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

2013 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2013

Asset Growth

24th percentile

-3.8%

Faster asset growth than 24% of similar nonprofits.

2013 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2012 to 2013

Revenue Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2013

Assets

Down

$1,071,995

Down $42,357 (-3.8%) from 2012

Net Assets

Down

$1,033,020

Down $39,887 (-3.7%) from 2012

Liabilities

Down

$38,975

Down $2,470 (-6.0%) from 2012

Revenue

$63,966

No earlier filing loaded for comparison.

Expenses

Down

$106,262

Down $6,347 (-5.6%) from 2012

Net Income

-$42,296

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

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

$1.5M$1.0M$500K$0Assets 2011: $1,151,356Liabilities 2011: $64,314Net Assets 2011: $1,087,0422011Assets 2012: $1,114,352Liabilities 2012: $41,445Net Assets 2012: $1,072,9072012Assets 2013: $1,071,995Liabilities 2013: $38,975Net Assets 2013: $1,033,0202013Assets 2014: $1,036,162Liabilities 2014: $28,949Net Assets 2014: $1,007,2132014Assets 2015: $977,526Liabilities 2015: $2,707Net Assets 2015: $974,8192015Assets 2016: $945,766Liabilities 2016: $1,415Net Assets 2016: $944,3512016Assets 2017: $944,175Liabilities 2017: $1,375Net Assets 2017: $942,8002017Assets 2018: $928,630Liabilities 2018: $1,375Net Assets 2018: $927,2552018Assets 2019: $913,514Liabilities 2019: $2,760Net Assets 2019: $910,7542019Assets 2020: $911,178Liabilities 2020: $15,814Net Assets 2020: $895,3642020Assets 2021: $900,592Liabilities 2021: $14,802Net Assets 2021: $885,7902021Assets 2022: $869,242Liabilities 2022: $5,842Net Assets 2022: $863,4002022Assets 2023: $818,549Liabilities 2023: $594Net Assets 2023: $817,9552023Assets 2024: $774,560Liabilities 2024: $970Net Assets 2024: $773,5902024

Highlighted filing

2013

Assets$1,071,995
Liabilities$38,975
Net Assets$1,033,020

Operations Trend

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

$150K$100K$50K$0-$50KExpenses 2011: $111,4462011Expenses 2012: $112,6092012Revenue 2013: $63,966Expenses 2013: $106,262Net Income 2013: -$42,2962013Revenue 2014: $53,672Expenses 2014: $79,159Net Income 2014: -$25,4872014Revenue 2015: $44,334Expenses 2015: $76,728Net Income 2015: -$32,3942015Revenue 2016: $70,276Expenses 2016: $101,200Net Income 2016: -$30,9242016Revenue 2017: $87,218Expenses 2017: $90,865Net Income 2017: -$3,6472017Revenue 2018: $70,526Expenses 2018: $83,446Net Income 2018: -$12,9202018Revenue 2019: $50,652Expenses 2019: $71,576Net Income 2019: -$20,9242019Revenue 2020: $63,232Expenses 2020: $81,827Net Income 2020: -$18,5952020Revenue 2021: $71,169Expenses 2021: $84,354Net Income 2021: -$13,1852021Revenue 2022: $85,496Expenses 2022: $102,468Net Income 2022: -$16,9722022Revenue 2023: $65,234Expenses 2023: $114,048Net Income 2023: -$48,8142023Revenue 2024: $62,341Expenses 2024: $109,796Net Income 2024: -$47,4552024

Highlighted filing

2013

Revenue$63,966
Expenses$106,262
Net Income-$42,296
Jump To
Filing Snapshot
Filing Period
Jan 1, 2013 to Dec 31, 2013
Signed
Nov 17, 2014
Return Version
2013v3.1
Gross Receipts
$73,342
Mission and Program Overview

Mission

Cascade locks park association is a 501(c)(3) organization founded in 1989, our mission is to preserve, protect and promote the industrial, commercial, and cultural heritage of the cascade locks park along locks 10-16 of the ohio & erie canal. Our vision is to establish a unique destination serving as a northern gateway, linking the city of akron to the cuyahoga valley.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$982,349$953,859▼ $28,490
Savings and Temporary Cash Investments$98,684$75,135▼ $23,549
Investments in Publicly Traded Securities$19,059$22,906▲ $3,847
Cash and Non-Interest-Bearing Accounts$14,260$20,095▲ $5,835
Total Assets$1,114,352$1,071,995▼ $42,357
Liabilities
Mortgage Notes Payable Secured by Investment Property$40,770$38,300▼ $2,470
Deferred Revenue$675$675→ $0
Total Liabilities$41,445$38,975▼ $2,470
Net Assets / Fund Balance
Unrestricted Net Assets$980,049$1,033,020▲ $52,971
Temporarily Rstr Net Assets$92,858--
Total Net Assets Fund Balance$1,072,907$1,033,020▼ $39,887
Total Liabilities and Net Assets / Fund Balance$1,114,352$1,071,995▼ $42,357

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$953,859$157,272$1,111,131

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2013$19,059$600▲ $3,501-$22,906
2012$19,059$651▲ $2,152-$19,059
2011$16,198$1,000▼ $506-$16,482
2010$13,713$1,000▲ $1,669-$16,198
Compensation and Service Providers

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$49,944
Program Service Revenue
$8,250
Investment Income
$1,259
Other Revenue
$4,513
All Other Contributions
$34,944
Change in Net Assets
$-42,296
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$59,574
Other Expenses$46,688
Total Fundraising Expense$17,629
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$33,371$6,674$15,573$55,618
Depreciation Depletion$28,490--$28,490
Office Expenses$4,429$174-$4,603
Payroll Taxes$2,373$475$1,108$3,956
Insurance$3,014--$3,014
Interest-$1,793-$1,793
Fees for Services Accounting-$1,215-$1,215
All Other Expenses$649$541-$1,190
Other Expenses$988$138$323$988
Advertising$479--$479
Fees for Service Investment Mgmnt Fees-$255-$255
Occupancy$72$24$48$144
Total Functional Expenses$77,047$11,586$17,629$106,262
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$10,833
Fundraising Direct Expenses$7,091
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
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
Yes
Other officer compensation reviewed
No
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 11B

The treasurer, president, and vice president will review prior to filing and the board will review after filing.

Form 990, Page 6, Part VI, Line 15A

The board reviewed and approved compensation of the executive director based upon comparability data of similar sized not-for-profit organizations and the individual's experience.

Form 990, Page 6, Part VI, Line 19

Documents are provided upon written request.

Filing and Contact Details

Filer

EIN
34-1621024
Phone
3303745625

Signing Officer

Name
Therese Johnson
Title
Treasurer
Phone
3303745625
Signed
2014-11-17

Organization Details

Principal Officer
Therese Johnson
Formed
1989
Legal Domicile
Oh
Voting Board Members
17
Independent Board Members
17
Employees
2
Volunteers
152

Preparer

Preparer
Kevin K Crum
Phone
3308671222
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

Cascade locks park association is a 501(c)(3) organization founded in 1989, our mission is to preserve, protect and promote the industrial, commercial, and cultural heritage of the cascade locks park along locks 10-16 of the ohio & erie canal. Our vision is to establish a unique destination serving as a northern gateway, linking the city of akron to the cuyahoga valley.

Form 990, Page 1, Part I, Line 6

In 2013, the clpa mustill store had the support of 66 volunteers, while the rest of the volunteers provided children and educational tours and support at fundraisers.

Form 990, Page 2, Part III, Line 4A

To approximately 500 in 2013. Clpa has created a new partnership with national inventors hall of fame stem school on project based learning. Clpa provides lesson plans based on schumacher mill site to incorporate math, english and science around the construction of the mill site wheel and industrial application and the impact on growth in early akron. Over 100 seventh graders have visited the mill site park several times and used their findings as a project based learning experience. Final results were presented to the community and area leaders including the mayor. Computer aided designs were prepared by the students and presented to explain how the locks work. The study of the canal and lock systems required the practical study of logistics, engineering and commerce. Plans to roll this program out to area seniors were presented and will take place in the near future. Annual visits to the schumacher mill site park and the historic mustill store are made by 3rd graders. Volunteers provide informative tours throughout the year. A video about akron's great flood of 1913 was made using various archives and runs on a continuous loop in the mustill store for all visitors to view. We have increased the number of days the mustill store and museum are open from 2-3 (wednesday, saturday, sunday) and plan to expand to 7 days. On wednesdays our music and lunch series brings in an average of 20 visitors. We frequently have visitors form summit dd board's weaver workshop at our lunch and music series.

Financial Statement Notes

Schedule D, Page 2, Part V, Line 4

Income from the endowment is used to fund the general operations of the organization.

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IRS990/ActivityOrMissionDesc0CASCADE LOCKS PARK ASSOCIATION IS A 501(C)(3) ORGANIZATION FOUNDED IN 1989, OUR MISSION IS TO PRESERVE, PROTECT AND PROMOTE THE INDUSTRIAL, COMMERCIAL, AND CULTURAL HERITAGE OF THE CASCADE LOCKS PARK ALONG LOCKS 10-16 OF THE OHIO & ERIE CANAL. OUR VISION IS TO ESTABLISH A UNIQUE DESTINATION SERVING AS A NORTHERN GATEWAY, LINKING THE CITY OF AKRON TO THE CUYAHOGA VALLEY.
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IRS990/Desc0TO RENOVATE AND MAINTAIN A HISTORICAL SECTION OF THE OHIO & ERIE CANAL CORRIDOR (LOCKS 10-16) AND THE ORIGINAL MUSTILL STORE AS A PARK AND EDUCATIONAL CENTER LOCATED IN AKRON, OHIO. OVER 5,700 VISITORS HAVE GONE THROUGH THE EDUCATIONAL PROGRAMMING AS WELL AS RECORD VISITATION OF THE PARK IN 2013. A SIGNIFICANT EXPANSION PROJECT (CONSTRUCTION OF THE SCHUMACHER CASCADE MILLS SITE PARK) WHICH WAS COMPLETED IN 2010 HAS ADDED MORE SPACE FOR EDUCATIONAL PROGRAMMING AND FOR VISITORS OF ALL AGES TO ENJOY. CASCADE LOCKS PARK ASSOCIATION MAKES IT A PRIORITY TO FOCUS ON THE ECONOMIC DEVELOPMENT OF THE AREA, INCLUDING TOWPATH INITIATIVES, BUSINESS, AND OVERALL COMMUNITY FEEL OF THE NEIGHBORHOOD. CLPA HAS INCREASED THE NUMBER OF SCHOOL CHILDREN IN OUR EDUCATION PROGRAMS TO APPROXIMATELY 500 IN 2013. CLPA HAS CREATED A NEW PARTNERSHIP WITH NATIONAL INVENTORS HALL OF FAME STEM SCHOOL ON PROJECT BASED LEARNING. CLPA PROVIDES LESSON PLANS BASED ON SCHUMACHER MILL SITE TO INCORPORATE MATH, ENGLISH AND SCIENCE AROUND THE CONSTRUCTION OF THE MILL SITE WHEEL AND INDUSTRIAL APPLICATION AND THE IMPACT ON GROWTH IN EARLY AKRON. OVER 100 SEVENTH GRADERS HAVE VISITED THE MILL SITE PARK SEVERAL TIMES AND USED THEIR FINDINGS AS A PROJECT BASED LEARNING EXPERIENCE. FINAL RESULTS WERE PRESENTED TO THE COMMUNITY AND AREA LEADERS INCLUDING THE MAYOR. COMPUTER AIDED DESIGNS WERE PREPARED BY THE STUDENTS AND PRESENTED TO EXPLAIN HOW THE LOCKS WORK. THE STUDY OF THE CANAL AND LOCK SYSTEMS REQUIRED THE PRACTICAL STUDY OF LOGISTICS, ENGINEERING AND COMMERCE. PLANS TO ROLL THIS PROGRAM OUT TO AREA SENIORS WERE PRESENTED AND WILL TAKE PLACE IN THE NEAR FUTURE. ANNUAL VISITS TO THE SCHUMACHER MILL SITE PARK AND THE HISTORIC MUSTILL STORE ARE MADE BY 3RD GRADERS. VOLUNTEERS PROVIDE INFORMATIVE TOURS THROUGHOUT THE YEAR. A VIDEO ABOUT AKRON'S GREAT FLOOD OF 1913 WAS MADE USING VARIOUS ARCHIVES AND RUNS ON A CONTINUOUS LOOP IN THE MUSTILL STORE FOR ALL VISITORS TO VIEW. WE HAVE INCREASED THE NUMBER OF DAYS THE MUSTILL STORE AND MUSEUM ARE OPEN FROM 2-3 (WEDNESDAY, SATURDAY, SUNDAY) AND PLAN TO EXPAND TO 7 DAYS. ON WEDNESDAYS OUR MUSIC AND LUNCH SERIES BRINGS IN AN AVERAGE OF 20 VISITORS. WE FREQUENTLY HAVE VISITORS FORM SUMMIT DD BOARD'S WEAVER WORKSHOP AT OUR LUNCH AND MUSIC SERIES.
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IRS990/Form990PartVIISectionAGrp/TitleTxt4TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt5TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt6VICE PRESIDE
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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.77$0.00$0.77$0.06$0.11$0.05
2023Detailed filing. Detailed filing data is available for this year.$0.82$0.00$0.82$0.07$0.11$0.05
2022Detailed filing. Detailed filing data is available for this year.$0.87$0.01$0.86$0.09$0.10$0.02
2021Detailed filing. Detailed filing data is available for this year.$0.90$0.01$0.89$0.07$0.08$0.01
2020Detailed filing. Detailed filing data is available for this year.$0.91$0.02$0.90$0.06$0.08$0.02
2019Detailed filing. Detailed filing data is available for this year.$0.91$0.00$0.91$0.05$0.07$0.02
2018Detailed filing. Detailed filing data is available for this year.$0.93$0.00$0.93$0.07$0.08$0.01
2017Detailed filing. Detailed filing data is available for this year.$0.94$0.00$0.94$0.09$0.09$0.00
2016Detailed filing. Detailed filing data is available for this year.$0.95$0.00$0.94$0.07$0.10$0.03
2015Detailed filing. Detailed filing data is available for this year.$0.98$0.00$0.97$0.04$0.08$0.03
2014Detailed filing. Detailed filing data is available for this year.$1.04$0.03$1.01$0.05$0.08$0.03
2013Detailed filing. Detailed filing data is available for this year.$1.07$0.04$1.03$0.06$0.11$0.04
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.11$0.04$1.07$0.11
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.15$0.06$1.09$0.11