Civic Intelligence

Medina Park Trust

990 • Fiscal year 2016 • EIN 34-6608600

Jul 01, 2015 to Jun 30, 2016 • Filed on Oct 17, 2016

Organization ProfileN/A
PO Box 1558 Dept Ea4e86Columbus, OH 43216

(330) 764-7263

Siviq Scores

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

Liabilities / Assets

56th percentile

0.00x

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

2016 filings • 501(c)3 • <$500k nonprofits • Source year 2016

Liabilities / Revenue

55th percentile

0.00x

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

2016 filings • 501(c)3 • <$500k nonprofits • Source year 2016

Net Margin

93rd percentile

55%

Higher net margin than 93% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Source year 2016

Top Officer Pay

77th percentile

$4,010

Higher top officer pay than 77% of similar nonprofits.

Top officer pay equals 33.5% of source-year revenue.

2016 filings • 501(c)3 • <$500k nonprofits • Source year 2016

Asset Growth

Score unavailable

No value available

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

Source year 2016

Revenue Growth

Score unavailable

No value available

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

Source year 2016

Balance Sheet
Liabilities / Assets56th percentile

Assets

Up

$300,444

Up $65,376 (+28%) from 2011

Net Assets

Up

$300,444

Up $65,376 (+28%) from 2011

Liabilities

Flat

$0

Flat from 2011

Revenue And Expenses
Liabilities / Revenue55th percentileNet Margin93rd percentile

Revenue

Up

$11,988

Up $3,834 (+47%) from 2011

Expenses

Down

$5,367

Down $2,804 (-34%) from 2011

Net Income

Up

$6,621

Up $6,638 (+39047%) from 2011

Historical Trend

Balance Sheet Trend

Asset GrowthScore unavailable

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

$600K$400K$200K$0Assets 2011: $235,068Liabilities 2011: $0Net Assets 2011: $235,0682011Assets 2016: $300,444Liabilities 2016: $0Net Assets 2016: $300,4442016Assets 2019: $367,759Liabilities 2019: $0Net Assets 2019: $367,7592019Assets 2020: $376,058Liabilities 2020: $0Net Assets 2020: $376,0582020Assets 2021: $393,150Liabilities 2021: $0Net Assets 2021: $393,1502021Assets 2022: $402,287Liabilities 2022: $0Net Assets 2022: $402,2872022Assets 2023: $401,204Liabilities 2023: $0Net Assets 2023: $401,2042023Assets 2024: $416,574Liabilities 2024: $0Net Assets 2024: $416,5742024Assets 2025: $415,989Liabilities 2025: $0Net Assets 2025: $415,9892025

Highlighted filing

2016

Assets$300,444
Liabilities$0
Net Assets$300,444
Open 2016 Filing

Operations Trend

Revenue GrowthScore unavailable

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

$30K$20K$10K$0-$10KRevenue 2011: $8,154Expenses 2011: $8,171Net Income 2011: -$172011Revenue 2016: $11,988Expenses 2016: $5,367Net Income 2016: $6,6212016Revenue 2019: -$426Expenses 2019: $5,020Net Income 2019: -$5,4462019Revenue 2020: $11,885Expenses 2020: $5,363Net Income 2020: $6,5222020Revenue 2021: $22,884Expenses 2021: $5,596Net Income 2021: $17,2882021Revenue 2022: $16,671Expenses 2022: $6,119Net Income 2022: $10,5522022Revenue 2023: $4,175Expenses 2023: $5,599Net Income 2023: -$1,4242023Revenue 2024: $21,279Expenses 2024: $5,979Net Income 2024: $15,3002024Revenue 2025: $26,427Expenses 2025: $26,448Net Income 2025: -$212025

Highlighted filing

2016

Revenue$11,988
Expenses$5,367
Net Income$6,621
Open 2016 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2015 to Jun 30, 2016
Signed
Oct 17, 2016
Return Version
2015v2.0
Gross Receipts
$66,031
Mission and Program Overview

Mission

To provide for the perpetual preservation and maintenance of the public square park in the city of medina, ohio.

Balance Sheet Detail
LineBeginningEndChange
Assets
Rtn Earn Endowment Incm Other Fnds$293,823$300,444▲ $6,621
Investments in Publicly Traded Securities$286,987$294,314▲ $7,327
Savings and Temporary Cash Investments$6,836$6,074▼ $762
Cash and Non-Interest-Bearing Accounts-$56-
Total Assets$293,823$300,444▲ $6,621
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Total Net Assets Fund Balance$293,823$300,444▲ $6,621
Total Liabilities and Net Assets / Fund Balance$293,823$300,444▲ $6,621
Compensation and Service Providers
Top Officer Pay77th percentile

Employees

NameTitleBaseTotal
-Trustee$4,010$4,010

Board Members and Trustees

NameTitle
Charles Clark GriesingerTrustee
Cynthia SzunyogTrustee
Sarah Jane IngrahamTrustee
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$0
Investment Income
$11,988
Other Revenue
$0
Change in Net Assets
$6,621
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$4,010
Other Expenses$1,357
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Current Officers, Directors, Trustees, and Key Employees-$4,010-$4,010
Fees for Services Accounting-$1,000-$1,000
Fees for Services Legal-$200-$200
All Other Expenses-$100-$100
Fees for Services Other-$57-$57
Total Functional Expenses$0$5,367$0$5,367
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
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
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

EXPLANATION FOR FORM 990, PAGE 6, PART VI, LINE 8B

“There are no committees with authority to act on behalf of the governing body”

Form 990, Page 6, Part VI, Line 11-description of Process for Review

“Form 990 is reviewed by the trust officer prior to filing”

Filing and Contact Details

Filer

Filer Name
Medina Park Trust
EIN
34-6608600
Phone
3307647263
Address
PO BOX 1558 DEPT EA4E86, COLUMBUS, OH 43216

Signing Officer

Name
Huntington National Bank
Title
Vice President
Phone
3307647263
Signed
2016-10-17
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Don Miksch
Formed
1966
Legal Domicile
Oh
Voting Board Members
4
Independent Board Members
4
Employees
0

Preparer

Firm
Ernst & Young US Llp
Address
800 YARD STREET STE 200, GRANDVIEW HEIGHTS, OH 43212
Preparer
Joseph B Hull
Phone
6142327290
Supplemental Narrative

Additional Explanations

Description for Making Documents Public

“Documents available upon request & guidestar.org”

Description for Making Documents Public

“The trust does not make its governing documents and financial statements available to the public.”

Raw XML Appendix287 raw XML fields

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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IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0ALL OF THE ACTIVITIES IN THIS FOUNDATION ARE FOR THE MAINTENANCE OF TH E PARK. THE TRUSTEES SHALL DETERMINE WHETHER THE CITY OF MEDINA AND/OR GENERAL PUBLIC ARE MAKING THE APPROPRIATE ANNUAL FUNDS FOR MAINTENANC E. FUNDS ARE THEN DRAWN UPON AS NEEDED.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0SECTION E
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1FORM 990 IS REVIEWED BY THE TRUST OFFICER PRIOR TO FILING
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2DOCUMENTS AVAILABLE UPON REQUEST & GUIDESTAR.ORG
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE TRUST DOES NOT MAKE ITS GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC.
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ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0VICE PRESIDENT
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ReturnHeader/PreparerPersonGrp/PhoneNum06142327290
ReturnHeader/PreparerPersonGrp/PreparationDt02016-10-17
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0JOSEPH B HULL
ReturnHeader/ReturnTs02016-10-19T15:00:15-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02015-07-01
ReturnHeader/TaxPeriodEndDt02016-06-30
ReturnHeader/TaxYr02015

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2016 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$300,444
Liabilities
$0
Net assets
$300,444
Revenue
$11,988
Expenses
$5,367
Net income
$6,621
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$4.16$0.00$4.16$0.26$0.26$0.00
2024Detailed filing. Detailed filing data is available for this year.$4.17$0.00$4.17$0.21$0.06$0.15
2023Detailed filing. Detailed filing data is available for this year.$4.01$0.00$4.01$0.04$0.06$0.01
2022Detailed filing. Detailed filing data is available for this year.$4.02$0.00$4.02$0.17$0.06$0.11
2021Detailed filing. Detailed filing data is available for this year.$3.93$0.00$3.93$0.23$0.06$0.17
2020Detailed filing. Detailed filing data is available for this year.$3.76$0.00$3.76$0.12$0.05$0.07
2019Detailed filing. Detailed filing data is available for this year.$3.68$0.00$3.68$0.00$0.05$0.05
2016Detailed filing. Detailed filing data is available for this year.$3.00$0.00$3.00$0.12$0.05$0.07
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.35$0.00$2.35$0.08$0.08$0.00