Civic Intelligence

Park Central Development Corporation

EIN 37-1427044 • 501(c)3 • St Louis, MO

Profile

The organization was formed to promote the social welfare and improve the quality of life for residents and businesses in neighborhoods in the city of saint louis, mo.

4512 Manchester Avenue 100St Louis, MO 63110

www.parkcentraldevelopment.org

Siviq Scores

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

Liabilities / Assets

78th percentile

0.38x

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

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

Liabilities / Revenue

62nd percentile

0.15x

Higher debt load relative to revenue than 62% of similar nonprofits.

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

Net Margin

16th percentile

-18%

Higher net margin than 16% of similar nonprofits.

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

Top Officer Pay

40th percentile

$0

Higher top officer pay than 40% of similar nonprofits.

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

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

Asset Growth

9th percentile

-23%

Faster asset growth than 9% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Revenue Growth

46th percentile

5.3%

Faster revenue growth than 46% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Assets

Down

$642,468

Down $196,412 (-23%) from 2023

Liabilities

Up

$243,199

Up $84,258 (+53%) from 2023

Net Assets

Down

$399,269

Down $280,670 (-41%) from 2023

Revenue

Up

$1,572,195

Up $78,464 (+5.3%) from 2023

Expenses

Up

$1,852,865

Up $394,903 (+27%) from 2023

Net Income

Down

-$280,670

Down $316,439 (-885%) from 2023

Trend Graphs

Balance Sheet Trend

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

$1.0M$500K$0Assets 2011: $415,209Liabilities 2011: $268,743Net Assets 2011: $146,4662011Assets 2012: $403,700Liabilities 2012: $234,585Net Assets 2012: $169,1152012Assets 2020: $542,794Liabilities 2020: $107,318Net Assets 2020: $435,4762020Assets 2021: $586,488Liabilities 2021: $13,583Net Assets 2021: $572,9052021Assets 2022: $655,228Liabilities 2022: $11,058Net Assets 2022: $644,1702022Assets 2023: $838,880Liabilities 2023: $158,941Net Assets 2023: $679,9392023Assets 2024: $642,468Liabilities 2024: $243,199Net Assets 2024: $399,2692024

Highlighted filing

2024

Assets$642,468
Liabilities$243,199
Net Assets$399,269

Operations Trend

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

$2.0M$1.0M$0-$1.0MExpenses 2011: $404,5752011Expenses 2012: $421,0072012Revenue 2020: $1,068,725Expenses 2020: $1,004,400Net Income 2020: $64,3252020Revenue 2021: $1,235,219Expenses 2021: $1,097,790Net Income 2021: $137,4292021Revenue 2022: $979,742Expenses 2022: $908,477Net Income 2022: $71,2652022Revenue 2023: $1,493,731Expenses 2023: $1,457,962Net Income 2023: $35,7692023Revenue 2024: $1,572,195Expenses 2024: $1,852,865Net Income 2024: -$280,6702024

Highlighted filing

2024

Revenue$1,572,195
Expenses$1,852,865
Net Income-$280,670

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Nov 12, 2025
Return Version
2024v5.2
Gross Receipts
$1,572,195
Mission and Program Overview

Mission

The organization was formed to promote the social welfare and improve the quality of life for residents and businesses in neighborhoods in the city of saint louis, mo.

To promote social welfare and improve quality of life in neighborhoods in the city of st. Louis, missouri.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$704,756$377,801▼ $326,955
Accounts Receivable$312$56,397▲ $56,085
Land, Buildings, and Equipment, Net$32,316$28,797▼ $3,519
Prepaid Expenses and Deferred Charges$5,200$5,200→ $0
Savings and Temporary Cash Investments-$0-
Other Notes and Loans Receivable, Net-$0-
Pledges and Grants Receivable-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Investments in Publicly Traded Securities-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Total Assets$838,880$642,468▼ $196,412
Other Assets Total$96,296$174,273▲ $77,977
Liabilities
Other Liabilities$96,296$194,472▲ $98,176
Accounts Payable and Accrued Expenses$62,645$48,727▼ $13,918
Total Liabilities$158,941$243,199▲ $84,258
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$365,287$216,579▼ $148,708
Net Assets With Donor Restrictions$314,652$182,690▼ $131,962
Total Net Assets Fund Balance$679,939$399,269▼ $280,670
Total Liabilities and Net Assets / Fund Balance$838,880$642,468▼ $196,412

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$11,562$35,783$47,345
Equipment$17,235$22,440$39,675
Other Assets Org$174,273--
Compensation and Service Providers

Board Members and Trustees

NameTitle
Brian PhillipsChairman
Yusef ScogginVice Chair
Aminah WrightBoard Member
Chauncey NelsonBoard Member
Gerald KirkBoard Member
Guy SlayBoard Member
Hank WebberBoard Member
Leslie GillBoard Member
Peggy LentsBoard Member
Robert SoteBoard Member
Phil MindenAt-large
Patrick BrownSecretary
Brian DaviesTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$737,064
Program Service Revenue
$529,409
Investment Income
$7,046
Other Revenue
$298,676
All Other Contributions
$220,153
Change in Net Assets
$-280,670

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,572,195
Total Revenue per Audited Statements
$1,572,195
Total Revenue per Form 990
$1,572,195
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$1,463,097
Salaries, Compensation, and Employee Benefits$389,768
Total Fundraising Expense$87,811
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$181,863$145,491$36,373$363,727
Fees for Services Other-$330,972-$330,972
Occupancy-$63,053-$63,053
Insurance-$33,231-$33,231
Payroll Taxes$13,021$10,416$2,604$26,041
Depreciation Depletion-$20,400-$20,400
Office Expenses-$19,916-$19,916
Other Expenses$57,246$4,838$48,834$4,838
Total Functional Expenses$1,136,737$628,317$87,811$1,852,865

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$1,852,865
Total Expenses per Audited Statements$1,852,865
Total Expenses per Form 990$1,852,865
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$287,042
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Fundraising Event$287,042$287,042-$287,042
Total Events$287,042$287,042-$287,042
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
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Future Min Lease Obligations$185,247
Accrued Expenses$9,225
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
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 form 990 is reviewed by the board of directors prior to filing.

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

Board memebers are required to disclose potential conflict of interests on an anual basis.

Form 990, Part VI, Section C, Line 19

Documents are available upon request to the public as required by law.

Filing and Contact Details

Filer

Filer Name
Park Central Development Corporation
EIN
37-1427044
Phone
3145355311
Address
4512 MANCHESTER AVENUE 100, ST LOUIS, MO 63110

Signing Officer

Name
Abdul-kaba Abdullah
Title
Executive Director
Signed
2025-11-12
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Abdul-kaba Abdullah
Formed
2002
Legal Domicile
Mo
Voting Board Members
13
Independent Board Members
13
Employees
6
Volunteers
13

Preparer

Firm
FEW CPAs
Address
6240 S Lindbergh Suite 101, St Louis, MO 63123
Preparer
Matt Fisher
Phone
3148457999
Supplemental Narrative

Additional Explanations

Form 990, Part XII, Line 2C

No change from prior year

Financial Statement Notes

Part X : FIN48 Footnote

The organization adopted the provisions of accounting for uncertainty in income taxes on january 1, 2010. The adoption of that guidance resulted in no change to the financial statements for prior periods. As of december 31, 2024, no amounts have ben recognized for uncertain tax posistions. The organizations tax returms filed for 2021 and prior are closed.

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