Civic Intelligence

Hance Park Conservancy

990EZ • Fiscal year 2021 • EIN 46-2316524

Jul 01, 2020 to Jun 30, 2021 • Filed on Mar 28, 2022

3905 N 7TH AVE Room 33963Phoenix, AZ 85013

(602) 703-8977

Siviq Scores

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

Liabilities / Assets

Score unavailable

No value available

Liabilities-to-assets requires both liabilities and assets on this filing.

Source year 2021

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on this filing.

Source year 2021

Net Margin

13th percentile

-40%

Higher net margin than 13% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Top Officer Pay

Score unavailable

No value available

This filing does not contain officer compensation rows.

Source year 2021

Asset Growth

21st percentile

-16%

Faster asset growth than 21% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Annualized from 2020 to 2021

Revenue Growth

36th percentile

-12%

Faster revenue growth than 36% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Annualized from 2020 to 2021

Assets

Down

$22,316

Down $4,259 (-16%) from 2020

Net Assets

$22,316

No earlier filing loaded for comparison.

Liabilities

-

No earlier filing loaded for comparison.

Revenue

Down

$10,524

Down $1,496 (-12%) from 2020

Expenses

Down

$14,783

Down $130,271 (-90%) from 2020

Net Income

Up

-$4,259

Up $128,775 (+97%) from 2020

Historical Trend

Balance Sheet Trend

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

$200K$150K$100K$50K$0Assets 2012: $8,435Liabilities 2012: $0Net Assets 2012: $8,4352012Assets 2014: $0Liabilities 2014: $0Net Assets 2014: $02014Assets 2016: $4,988Net Assets 2016: $4,9882016Assets 2017: $109,476Net Assets 2017: $109,4762017Assets 2018: $124,733Liabilities 2018: $02018Assets 2019: $159,609Net Assets 2019: $159,6092019Assets 2020: $26,575Liabilities 2020: $02020Assets 2021: $22,316Net Assets 2021: $22,3162021Assets 2022: $39,418Net Assets 2022: $39,4182022Assets 2023: $81,981Liabilities 2023: $02023Assets 2024: $79,541Net Assets 2024: $79,5412024

Highlighted filing

2021

Assets$22,316
Liabilities-
Net Assets$22,316

Operations Trend

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

$200K$100K$0-$100K-$200KRevenue 2012: $9,896Expenses 2012: $1,090Net Income 2012: $8,8062012Revenue 2014: $23,320Expenses 2014: $23,320Net Income 2014: $02014Revenue 2016: $41,618Expenses 2016: $43,341Net Income 2016: -$1,7232016Revenue 2017: $130,267Expenses 2017: $25,779Net Income 2017: $104,4882017Revenue 2018: $27,896Expenses 2018: $12,639Net Income 2018: $15,2572018Revenue 2019: $37,967Expenses 2019: $3,091Net Income 2019: $34,8762019Revenue 2020: $12,020Expenses 2020: $145,054Net Income 2020: -$133,0342020Revenue 2021: $10,524Expenses 2021: $14,783Net Income 2021: -$4,2592021Revenue 2022: $31,184Expenses 2022: $14,082Net Income 2022: $17,1022022Revenue 2023: $63,199Expenses 2023: $20,636Net Income 2023: $42,5632023Revenue 2024: $28,610Expenses 2024: $31,050Net Income 2024: -$2,4402024

Highlighted filing

2021

Revenue$10,524
Expenses$14,783
Net Income-$4,259
Jump To
Filing Snapshot
Filing Period
Jul 1, 2020 to Jun 30, 2021
Signed
Mar 28, 2022
Return Version
2020v4.2
Gross Receipts
$22,792
Mission and Program Overview

Mission

Promote creative use of public space

Promote creative use of public space, see sch o

Program Services

DescriptionGrantsExpenses
IN FY21 WE INCREASED MEMBERSHIP BY 21 AND HIRED A PART-TIME ADMINISTRATOR TO FACILITATE HANCE PARK CONSERVANCY COMMUNICATION AND BUSINESS. THE CITY COMPLETED PHASE 1 OF MASTER PLAN, FIESTA BOWL PLAY IN HANCE.-$3,646
WE CONVENED OUR TRUSTEES WHO ARE ALL STAKEHOLDERS AROUND THE PARK TO GIVE COMMENTS TO THE DESIGN TEAM CONCERNING THE IMPACT OF CONSTRUCTION AND THE NEW PLAY AREA ON STAKEHOLDERS.--
WE HELD OUR 6TH ANNUAL FUNDRAISING EVENT, NOCHE EN BLANCO WHICH SUPPORTS THE OPERATIONS OF THE CONSERVANCY AND OUR RESERVE FUND TO ASSIST WITH PARK ASSETS AND IMPROVEMENTS ALIGNED WITH THE MASTER PLAN.--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
LEAH FREGULIAPresident-$0--
RICK NAIMARKVice-President-$0--
STEVEN BRUCKALSecretary/Treasurer-$0--
DORINA BUSTAMANTEDirector - Commitee Chair-$0--
ANDY LUCICHDirector - Commitee Chair-$0--
CATRINA KAHLERDirector - Commitee Chair-$0--
LARRY BELLDirector-$0--
SARA LYNCHDirector-$0--
STEVE MOTTDirector-$0--
JOAN KELCHNERDirector-$0--
KRISTINE LAWSDirector-$0--
LAUREN HENSCHENDirector-$0--
MARY MORIARTYDirector-$0--
BETH COLEDirector-$0--
LAURA CARALOGNADirector-$0--
SARAH STADLERDirector-$0--
BARRY WILSONDirector-$0--
JOHN HAMBYDirector-$0--
KELLY BUSHONGDirector-$0--
BRENDAN O'LEARYDirector-$0--
NATE SONOSKEYDirector-$0--
ALLISON OUTDirector-$0--
Filing and Contact Details

Filer

Filer Name
Hance Park Conservancy
EIN
46-2316524
Phone
6027038977
Address
3905 N 7TH AVE Room 33963, PHOENIX, AZ 85013

Signing Officer

Name
Leah Fregulia
Title
Executive Vicepresident
Signed
2022-03-28
Discuss with paid preparer
Yes

Preparer

Firm
Sechler Morgan Cpas Pllc
Address
2418 W BARROW DRIVE, CHANDLER, AZ 85224
Preparer
Kristina Morgan CPA
Phone
6022302700
Supplemental Narrative

Additional Explanations

Form 990-EZ, Part I, Line 16, Other Expenses

Administrative Expenses 2,087

Form 990-EZ, Part I, Line 16, Other Expenses

Website Expense 256

Form 990-EZ, Part III, Line MISSION

The mission of the hance park conservancy is to support and encourage the health and well-being of the margaret t. Hance park by fostering a strong relationship with the city of phoenix parks and recreation department and supporting the concept and realization of the park as the city of phoenixs iconic downtown park promote the creative use of the park as a place for vibrant arts and cultural experiences advocate for the implementation of the adopted 2016 hance park master site plan review and comment on significant master site plan amendments, phasing, and design changes raise funds to enhance park programming, maintenance, and operations share information about issues and activities in the park among conservancy trustees and the organizations they represent support the hance park partner coalition fundraising efforts to fund the implementation of the master site plan and facilitate communication and coordination with the city of phoenix regarding the park.

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IRS990EZ/PrimaryExemptPurposeTxt0PROMOTE CREATIVE USE OF PUBLIC SPACE, SEE SCH O
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0IN FY21 WE INCREASED MEMBERSHIP BY 21 AND HIRED A PART-TIME ADMINISTRATOR TO FACILITATE HANCE PARK CONSERVANCY COMMUNICATION AND BUSINESS. THE CITY COMPLETED PHASE 1 OF MASTER PLAN, FIESTA BOWL PLAY IN HANCE.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt1WE CONVENED OUR TRUSTEES WHO ARE ALL STAKEHOLDERS AROUND THE PARK TO GIVE COMMENTS TO THE DESIGN TEAM CONCERNING THE IMPACT OF CONSTRUCTION AND THE NEW PLAY AREA ON STAKEHOLDERS.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt2WE HELD OUR 6TH ANNUAL FUNDRAISING EVENT, NOCHE EN BLANCO WHICH SUPPORTS THE OPERATIONS OF THE CONSERVANCY AND OUR RESERVE FUND TO ASSIST WITH PARK ASSETS AND IMPROVEMENTS ALIGNED WITH THE MASTER PLAN.
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Administrative Expenses 2,087
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Website Expense 256
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE MISSION OF THE HANCE PARK CONSERVANCY IS TO SUPPORT AND ENCOURAGE THE HEALTH AND WELL-BEING OF THE MARGARET T. HANCE PARK BY FOSTERING A STRONG RELATIONSHIP WITH THE CITY OF PHOENIX PARKS AND RECREATION DEPARTMENT AND SUPPORTING THE CONCEPT AND REALIZATION OF THE PARK AS THE CITY OF PHOENIXS ICONIC DOWNTOWN PARK PROMOTE THE CREATIVE USE OF THE PARK AS A PLACE FOR VIBRANT ARTS AND CULTURAL EXPERIENCES ADVOCATE FOR THE IMPLEMENTATION OF THE ADOPTED 2016 HANCE PARK MASTER SITE PLAN REVIEW AND COMMENT ON SIGNIFICANT MASTER SITE PLAN AMENDMENTS, PHASING, AND DESIGN CHANGES RAISE FUNDS TO ENHANCE PARK PROGRAMMING, MAINTENANCE, AND OPERATIONS SHARE INFORMATION ABOUT ISSUES AND ACTIVITIES IN THE PARK AMONG CONSERVANCY TRUSTEES AND THE ORGANIZATIONS THEY REPRESENT SUPPORT THE HANCE PARK PARTNER COALITION FUNDRAISING EFFORTS TO FUND THE IMPLEMENTATION OF THE MASTER SITE PLAN AND FACILITATE COMMUNICATION AND COORDINATION WITH THE CITY OF PHOENIX REGARDING THE PARK.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990-EZ, Part I, Line 16, Other Expenses
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990-EZ, Part I, Line 16, Other Expenses
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990-EZ, Part III, Line MISSION
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