Civic Intelligence

Indianapolis Parks Foundation Inc

EIN 35-1860468 • 501(c)3 • Indianapolis, IN

Profile

The parks alliance is a leader in developing and sustaining indianapolis parks and greenways by connecting resources to needs to better establish and maintain a safe and thriving community.

3001 N White River Parkway W DrIndianapolis, IN 46222

parks-alliance.org

Siviq Scores

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

Liabilities / Assets

60th percentile

0.13x

Higher debt load relative to assets than 60% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Liabilities / Revenue

55th percentile

0.11x

Higher debt load relative to revenue than 55% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Net Margin

13th percentile

-23%

Higher net margin than 13% of similar nonprofits.

501(c)3 • $1M-$5M 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

5th percentile

-33%

Faster asset growth than 5% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2022 to 2024

Revenue Growth

14th percentile

-20%

Faster revenue growth than 14% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2022 to 2024

Balance Sheet
Liabilities / Assets60th percentile

Assets

Down

$1,280,090

Down $323,047 (-20%) from 2023

Liabilities

Up

$171,495

Up $17,558 (+11%) from 2023

Net Assets

Down

$1,108,595

Down $340,605 (-24%) from 2023

Operations
Liabilities / Revenue55th percentileNet Margin13th percentile

Revenue

Up

$1,567,683

Up $216,427 (+16%) from 2023

Expenses

Down

$1,934,575

Down $521,484 (-21%) from 2023

Net Income

Up

-$366,892

Up $737,911 (+67%) from 2023

Trend Graphs

Balance Sheet Trend

Asset Growth5th percentile

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

$15M$10M$5.0M$0Assets 2010: $6,722,527Liabilities 2010: $433,799Net Assets 2010: $6,288,7282010Assets 2011: $4,942,652Liabilities 2011: $617,878Net Assets 2011: $4,324,7742011Assets 2012: $14,187,228Liabilities 2012: $454,809Net Assets 2012: $13,732,4192012Assets 2013: $13,122,944Liabilities 2013: $141,737Net Assets 2013: $12,981,2072013Assets 2014: $10,096,569Liabilities 2014: $381,553Net Assets 2014: $9,715,0162014Assets 2015: $7,780,483Liabilities 2015: $698,431Net Assets 2015: $7,082,0522015Assets 2016: $6,146,068Liabilities 2016: $941,560Net Assets 2016: $5,204,5082016Assets 2017: $4,535,425Liabilities 2017: $290,853Net Assets 2017: $4,244,5722017Assets 2018: $13,021,138Liabilities 2018: $293,072Net Assets 2018: $12,728,0662018Assets 2019: $10,997,763Liabilities 2019: $1,173,607Net Assets 2019: $9,824,1562019Assets 2020: $5,819,363Liabilities 2020: $705,246Net Assets 2020: $5,114,1172020Assets 2021: $2,785,719Liabilities 2021: $653,660Net Assets 2021: $2,132,0592021Assets 2022: $2,823,680Liabilities 2022: $314,587Net Assets 2022: $2,509,0932022Assets 2023: $1,603,137Liabilities 2023: $153,937Net Assets 2023: $1,449,2002023Assets 2024: $1,280,090Liabilities 2024: $171,495Net Assets 2024: $1,108,5952024

Highlighted filing

2024

Assets$1,280,090
Liabilities$171,495
Net Assets$1,108,595
Open 2024 Filing

Operations Trend

Revenue Growth14th percentile

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

$15M$10M$5.0M$0-$5.0MExpenses 2010: $3,989,1602010Expenses 2011: $5,798,6842011Expenses 2012: $4,286,3692012Revenue 2013: $1,523,132Expenses 2013: $2,318,052Net Income 2013: -$794,9202013Revenue 2014: $1,406,194Expenses 2014: $4,672,387Net Income 2014: -$3,266,1932014Revenue 2015: $1,165,690Expenses 2015: $3,767,645Net Income 2015: -$2,601,9552015Revenue 2016: $1,291,460Expenses 2016: $3,183,613Net Income 2016: -$1,892,1532016Revenue 2017: $1,127,424Expenses 2017: $2,137,407Net Income 2017: -$1,009,9832017Revenue 2018: $11,680,491Expenses 2018: $3,168,980Net Income 2018: $8,511,5112018Revenue 2019: $1,439,591Expenses 2019: $4,374,101Net Income 2019: -$2,934,5102019Revenue 2020: $1,063,054Expenses 2020: $5,792,016Net Income 2020: -$4,728,9622020Revenue 2021: $1,402,836Expenses 2021: $4,521,507Net Income 2021: -$3,118,6712021Revenue 2022: $2,445,621Expenses 2022: $1,951,186Net Income 2022: $494,4352022Revenue 2023: $1,351,256Expenses 2023: $2,456,059Net Income 2023: -$1,104,8032023Revenue 2024: $1,567,683Expenses 2024: $1,934,575Net Income 2024: -$366,8922024

Highlighted filing

2024

Revenue$1,567,683
Expenses$1,934,575
Net Income-$366,892
Open 2024 Filing

Filings

Most recent year

2024 • Form 990Facts available. Structured filing facts are available, but richer extracted sections are limited.

Open filing
Assets
$1,280,090
Liabilities
$171,495
Net assets
$1,108,595
Revenue
$1,567,683
Expenses
$1,934,575
Net income
-$366,892
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.28$0.17$1.11$1.57$1.93$0.37
2023Detailed filing. Detailed filing data is available for this year.$1.60$0.15$1.45$1.35$2.46$1.10
2022Detailed filing. Detailed filing data is available for this year.$2.82$0.31$2.51$2.45$1.95$0.49
2021Detailed filing. Detailed filing data is available for this year.$2.79$0.65$2.13$1.40$4.52$3.12
2020Detailed filing. Detailed filing data is available for this year.$5.82$0.71$5.11$1.06$5.79$4.73
2019Detailed filing. Detailed filing data is available for this year.$11.0$1.17$9.82$1.44$4.37$2.93
2018Detailed filing. Detailed filing data is available for this year.$13.0$0.29$12.7$11.7$3.17$8.51
2017Detailed filing. Detailed filing data is available for this year.$4.54$0.29$4.24$1.13$2.14$1.01
2016Detailed filing. Detailed filing data is available for this year.$6.15$0.94$5.20$1.29$3.18$1.89
2015Detailed filing. Detailed filing data is available for this year.$7.78$0.70$7.08$1.17$3.77$2.60
2014Detailed filing. Detailed filing data is available for this year.$10.1$0.38$9.72$1.41$4.67$3.27
2013Detailed filing. Detailed filing data is available for this year.$13.1$0.14$13.0$1.52$2.32$0.79
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$14.2$0.45$13.7$4.29
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.94$0.62$4.32$5.80
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$6.72$0.43$6.29$3.99
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Nov 17, 2025
Return Version
2024v5.1
Gross Receipts
$1,735,370
Mission and Program Overview

Mission

The indianapolis parks foundation is a leader in developing and sustaining indianapolis parks and greenways by connecting resources to needs to better establish and maintain a safe and thriving community.

Increase access and availability of park spaces and programming for all residents and visitors.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$493,326$444,407▼ $48,919
Investments in Publicly Traded Securities$351,545$317,821▼ $33,724
Investments Other Securities$254,564$230,143▼ $24,421
Pledges and Grants Receivable$237,078$166,578▼ $70,500
Savings and Temporary Cash Investments$242,686$101,353▼ $141,333
Prepaid Expenses and Deferred Charges$20,285$16,135▼ $4,150
Receivable From Disqualified Prsn$0$0→ $0
Receivables From Officers Etc$0$0→ $0
Investments Program Related$0--
Loans From Officers Directors$0$0→ $0
Total Assets$1,603,137$1,280,090▼ $323,047
Other Assets Total$3,653$3,653→ $0
Liabilities
Accounts Payable and Accrued Expenses$150,284$167,842▲ $17,558
Other Liabilities$3,653$3,653→ $0
Total Liabilities$153,937$171,495▲ $17,558
Net Assets / Fund Balance
Net Assets With Donor Restrictions$1,520,048$1,541,152▲ $21,104
Net Assets Without Donor Restrictions$-70,848$-432,557▼ $361,709
Total Net Assets Fund Balance$1,449,200$1,108,595▼ $340,605
Total Liabilities and Net Assets / Fund Balance$1,603,137$1,280,090▼ $323,047

Asset Categories

AssetBook ValueDepreciationBasis
Leasehold Improvements$401,223$128,981$530,204
Other Land Buildings$43,184$57,713$100,897
Other Securities$230,143--

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2024$606,109-▼ $45,061-$547,964
2023$662,282-▼ $48,259-$606,109
2022$859,327-▼ $187,356-$662,282
2021$736,779-▲ $133,291-$859,327
2020$709,154-▲ $62,625-$736,779
Compensation and Service Providers
Top Officer PayScore unavailable

Employees

NameTitleFull / Part TimeBaseOtherTotal
Rusty CarrPresident & CEO (End 09/24)FT$72,512$3,562$76,074
Blake JohnsonInterim President & CEO (Beginning 09/24)PT$35,096$313$35,409

Board Members and Trustees

NameTitle
Victoria Temple-schneiderChair
Jenn SchimmelpfennigVice Chair
Eddy LuxBoard Member
John JacksonBoard Member
Kevin OsburnBoard Member
Lesley GordonBoard Member
Mark HoudekBoard Member
Phyllis BoydBoard Member
Sarah IglehartBoard Member
Sharon ClarkBoard Member
Tanya SearcyBoard Member
Todd WilsonBoard Member
Vincent AshSecretary
Jennifer BartenbachTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$1,678,345
Program Service Revenue
$0
Investment Income
$57,025
Other Revenue
$-167,687
All Other Contributions
$1,185,567
Change in Net Assets
$-366,892

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,567,683
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$209,060
Other Revenue Adjustments
$0
Total Revenue per Audited Statements
$1,776,743
Total Revenue per Form 990
$1,567,683
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$912,574
Salaries, Compensation, and Employee Benefits$781,914
Total Fundraising Expense$406,088
Other Expenses$240,087
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$912,574--$912,574
Other Salaries and Wages-$321,534$214,356$535,890
Current Officers, Directors, Trustees, and Key Employees-$66,890$44,593$111,483
Other Employee Benefits-$51,477$34,317$85,794
Conferences and Meetings-$31,593$21,062$52,655
Depreciation Depletion-$29,351$19,568$48,919
Office Expenses-$27,957$18,638$46,595
Fees for Services Other$0$24,401$16,268$40,669
Payroll Taxes-$19,293$12,862$32,155
Fees for Services Accounting-$16,439$10,958$27,397
Pension Plan Contributions-$9,955$6,637$16,592
Fees for Service Investment Mgmnt Fees-$8,011$5,341$13,352
Other Expenses$6,781--$6,781
Information Technology-$2,231$1,488$3,719
Total Functional Expenses$919,355$609,132$406,088$1,934,575

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$2,117,348
Expenses per Audited Statements$1,934,575
Total Expenses per Form 990$1,934,575
Expenses Not Reported on Form 990$182,773
Expenses Not Reported on Financial Statements$0
Other Expense Adjustments$0
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
City of Indianapolis Dept of Parks & RecreationIndianapolis, INGovernmentalPark Improvement$912,574
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$167,687
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Indianapolis Lunch for Parks$278,739$0$13,194$-13,194
Farmraiser$87,987$0$28,327$-28,327
Total Events$492,778$0$167,687$-167,687
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
Loans from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Receivables from Disqualified Persons$0$0→ $0
Receivables from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Federal Income Taxes$3,653
Lease Liability-
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
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
Yes
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
Yes
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Line 7A Members or stockholders electing members of governing body

“Central indiana community foundation appoints eight of the organization's board members.”

Form 990, Part VI, Line 11B Review of form 990 by governing body

“The president and cfo do the detail review of the form 990 before it is filed. The form 990 is also reviewed by an independent accounting firm.”

Form 990, Part VI, Line 12C Conflict of interest policy

“Conflict of interest forms are sent to board members at the beginning of each calendar year for review and signature. This form only requires a signature agreeing to the policy. The parks alliance's president reviews and files those returned. Board members with a specific conflict would abstain discussion and voting when a conflict arises.”

Form 990, Part VI, Line 15A Process to establish compensation of top management official

“THE PRESIDENT'S PERFORMANCE & COMPENSATION REVIEW IS CONDUCTED ANNUALLY BY THE CHAIR OF THE BOARD AND INCLUDED INPUT FROM BOARD MEMBERS AND STAFF. THE LAST REVIEW WAS DONE IN December 2024.”

Form 990, Part VI, Line 19 Required documents available to the public

“The organization makes its governing documents, conflict of interest policy, and financial statements available to the public upon request.”

Form 990, Part VIII, Line 7A SALE OF SECURITIES:

“The parks alliance's investments are held by central indiana community foundation in a pooled fund. For this reason, the proceeds and cost basis from sales of securities are not readily available.”

Filing and Contact Details

Filer

Filer Name
Indianapolis Parks Foundation Inc
EIN
35-1860468
Phone
3173408024
Address
3001 N WHITE RIVER PARKWAY W DR, INDIANAPOLIS, IN 46222
Doing Business As
The Parks Alliance of Indianapolis

Signing Officer

Name
Blake Johnson
Title
Interim CEO
Phone
3173408024
Signed
2025-11-17
Discuss with paid preparer
Yes

Organization Details

Formed
1991
Legal Domicile
In
Voting Board Members
14
Independent Board Members
14
Employees
6
Volunteers
1,000

Preparer

Firm
Forvis Mazars LLP
Address
820 Massachusetts Ave Suite 1370, Indianapolis, IN 46204
Preparer
Nicole Fishback
Phone
3173834000
Supplemental Narrative

Additional Explanations

Form 990, Part V, Line 2A EMPLOYEES OF ORGANIZATION:

“Employees of indianapolis parks foundation, inc. Are paid using a common paymaster payroll system through central indiana community foundation, ein 35-1793680. Central indiana community foundation is then reimbursed for payroll expenses by parks alliance, inc.”

Financial Statement Notes

Schedule D, Part X ASC 740 DISCLOSURE:

“Management has evaluated their income tax positions under the guidance included in asc 740. Based on their review, management has not identified any material uncertain tax positions to be recorded or disclosed in the financial statements.”

Schedule D, Part V, Line 4 Intended uses of endowment funds

“The endowment fund is intended to be used for park related projects, programming or improvements.”

Schedule D, Part XI, Line 2(D) Other revenues in audited financial statements not in form 990

“Special events expenses - 167687”

Schedule D, Part XII, Line 2(D) Other expenses in audited financial statements not in form 990

“Special events expenses - 167687”

Raw XML AppendixShowing 400 of 753 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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IRS990/Desc0THE PARKS ALLIANCE SUPPORTS THE MISSION OF THE CITY OF INDIANAPOLIS DEPARTMENT OF PARKS AND RECREATION. THE PARKS ALLIANCE'S PRIMARY MISSION IS TO RAISE FUNDS AND SERVE AS AN ADVOCATE FOR PARKS IN INDIANAPOLIS. AS PART OF THIS MISSION, THE ALLIANCE PURSUES FUNDING OPPORTUNITIES THROUGH GRANTS, SPORTSMANSHIP, AND FUNDRAISING EVENTS THAT ARE USED TO HELP PURCHASE LAND, DEVELOP NEW PARKS, MAINTAIN EXISTING PARKS, UPGRADE FACILITIES AND PROVIDE SUPPORT TO NUMEROUS PROGRAMS BENEFITTING CHILDREN, FAMILIES AND OLDER ADULTS. ALL RESIDENTS OF MARION COUNTY BENEFIT FROM THE PARTNERSHIP BETWEEN THE CITY OF INDIANAPOLIS, DEPARTMENT OF PARKS AND RECREATION AND THE PARKS ALLIANCE. THE CITY OF INDIANAPOLIS, DEPARTMENT OF PARKS AND RECREATION ANNUALLY PROVIDE SERVICES AND FACILITIES TO OVER SEVEN MILLION PARK VISITORS.
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IRS990/Form990PartVIISectionAGrp/PersonNm0JENN SCHIMMELPFENNIG
IRS990/Form990PartVIISectionAGrp/PersonNm1JENNIFER BARTENBACH
IRS990/Form990PartVIISectionAGrp/PersonNm2VICTORIA TEMPLE-SCHNEIDER
IRS990/Form990PartVIISectionAGrp/PersonNm3VINCENT ASH
IRS990/Form990PartVIISectionAGrp/PersonNm4EDDY LUX
IRS990/Form990PartVIISectionAGrp/PersonNm5JOHN JACKSON
IRS990/Form990PartVIISectionAGrp/PersonNm6KEVIN OSBURN
IRS990/Form990PartVIISectionAGrp/PersonNm7LESLEY GORDON
IRS990/Form990PartVIISectionAGrp/PersonNm8MARK HOUDEK
IRS990/Form990PartVIISectionAGrp/PersonNm9PHYLLIS BOYD
IRS990/Form990PartVIISectionAGrp/PersonNm10SARAH IGLEHART
IRS990/Form990PartVIISectionAGrp/PersonNm11SHARON CLARK
IRS990/Form990PartVIISectionAGrp/PersonNm12TANYA SEARCY
IRS990/Form990PartVIISectionAGrp/PersonNm13TODD WILSON
IRS990/Form990PartVIISectionAGrp/PersonNm14Blake Johnson
IRS990/Form990PartVIISectionAGrp/PersonNm15Rusty Carr
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IRS990/Form990PartVIISectionAGrp/TitleTxt0Vice Chair
IRS990/Form990PartVIISectionAGrp/TitleTxt1TREASURER
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IRS990/Form990PartVIISectionAGrp/TitleTxt9BOARD MEMBER
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IRS990/Form990PartVIISectionAGrp/TitleTxt12BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt13BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt14Interim President & CEO (Beginning 09/24)
IRS990/Form990PartVIISectionAGrp/TitleTxt15President & CEO (End 09/24)
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IRS990/MissionDesc0THE PARKS ALLIANCE IS A LEADER IN DEVELOPING AND SUSTAINING INDIANAPOLIS PARKS AND GREENWAYS BY CONNECTING RESOURCES TO NEEDS TO BETTER ESTABLISH AND MAINTAIN A SAFE AND THRIVING COMMUNITY.
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IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0INDIANAPOLIS PARKS FOUNDATION SUPPORTS THE CITY OF INDIANAPOLIS, DEPARTMENT OF PARKS AND RECREATION WHICH IS A GOVERNMENTAL ENTITY AND NOT DESCRIBED IN IRC SECTION 509(A)(1) OR (2).
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0Schedule A, Part IV, Section A, Line 2 Supported Org. Without IRS Status 509(a)1 or (2)
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