Civic Intelligence

Dream Park

990 • Fiscal year 2019 • EIN 46-4423585

Jan 01, 2019 to Dec 31, 2019 • Filed on Nov 12, 2020

PO Box 470517Fort Worth, TX 76147

(817) 366-4417

Siviq Scores

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

Liabilities / Assets

57th percentile

0.00x

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

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Liabilities / Revenue

57th percentile

0.00x

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

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Net Margin

4th percentile

-127%

Higher net margin than 4% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Top Officer Pay

77th percentile

$0

Higher top officer pay than 77% of similar nonprofits.

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

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Asset Growth

6th percentile

-67%

Faster asset growth than 6% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Annualized from 2018 to 2019

Revenue Growth

5th percentile

-76%

Faster revenue growth than 5% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Annualized from 2018 to 2019

Assets

Down

$289,904

Down $598,247 (-67%) from 2018

Net Assets

Down

$289,904

Down $564,052 (-66%) from 2018

Liabilities

Down

$0

Down $34,195 (-100%) from 2018

Revenue

Down

$443,552

Down $1,396,426 (-76%) from 2018

Expenses

Down

$1,007,604

Down $768,080 (-43%) from 2018

Net Income

Down

-$564,052

Down $628,346 (-977%) from 2018

Historical Trend

Balance Sheet Trend

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

$1.0M$500K$0Assets 2015: $224,717Liabilities 2015: $0Net Assets 2015: $224,7172015Assets 2016: $340,439Liabilities 2016: $0Net Assets 2016: $340,4392016Assets 2017: $789,662Liabilities 2017: $0Net Assets 2017: $789,6622017Assets 2018: $888,151Liabilities 2018: $34,195Net Assets 2018: $853,9562018Assets 2019: $289,904Liabilities 2019: $0Net Assets 2019: $289,9042019Assets 2020: $289,186Liabilities 2020: $0Net Assets 2020: $289,1862020Assets 2021: $288,477Liabilities 2021: $0Net Assets 2021: $288,4772021Assets 2022: $280,427Liabilities 2022: $0Net Assets 2022: $280,4272022Assets 2023: $286,034Liabilities 2023: $0Net Assets 2023: $286,0342023Assets 2024: $298,712Liabilities 2024: $0Net Assets 2024: $298,7122024

Highlighted filing

2019

Assets$289,904
Liabilities$0
Net Assets$289,904

Operations Trend

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

$2.0M$1.0M$0-$1.0MRevenue 2015: $215,552Expenses 2015: $17,321Net Income 2015: $198,2312015Revenue 2016: $154,079Expenses 2016: $38,357Net Income 2016: $115,7222016Revenue 2017: $466,083Expenses 2017: $16,860Net Income 2017: $449,2232017Revenue 2018: $1,839,978Expenses 2018: $1,775,684Net Income 2018: $64,2942018Revenue 2019: $443,552Expenses 2019: $1,007,604Net Income 2019: -$564,0522019Revenue 2020: $32Expenses 2020: $750Net Income 2020: -$7182020Revenue 2021: $41Expenses 2021: $750Net Income 2021: -$7092021Revenue 2022: $5Expenses 2022: $8,055Net Income 2022: -$8,0502022Revenue 2023: $6,357Expenses 2023: $750Net Income 2023: $5,6072023Revenue 2024: $13,096Expenses 2024: $418Net Income 2024: $12,6782024

Highlighted filing

2019

Revenue$443,552
Expenses$1,007,604
Net Income-$564,052
Jump To
Filing Snapshot
Filing Period
Jan 1, 2019 to Dec 31, 2019
Signed
Nov 12, 2020
Return Version
2019v5.0
Gross Receipts
$443,552
Mission and Program Overview

Mission

The corporation is organized and operated to raise funds for and construct a children's playground to be donated to the city of fort worth, texas. The 57,000 square foot, universally inclusive playground, will be a place where children of all abilities can interact and play side- by-side. The park will be the first of its kind in the fort worth community. It will not only meet, but exceed ada accessibility guidelines.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$888,151$289,904▼ $598,247
Total Assets$888,151$289,904▼ $598,247
Liabilities
Other Liabilities$34,195--
Total Liabilities$34,195$0▼ $34,195
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$853,956$289,904▼ $564,052
Total Net Assets Fund Balance$853,956$289,904▼ $564,052
Total Liabilities and Net Assets / Fund Balance$888,151$289,904▼ $598,247

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2018-$250,000--$250,000
Compensation and Service Providers

Board Members and Trustees

NameTitle
Rachael ChurchillPresident
Corrie WatsonSecretary
Sandy MeschTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$443,552
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$0
All Other Contributions
$443,552
Change in Net Assets
$-564,052
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$1,007,604
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Other$1,005,499$2,105-$1,007,604
Total Functional Expenses$1,005,499$2,105$0$1,007,604
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
Annual disclosure for covered persons
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, Page 6, Part VI, Line 2

Mesch, pllc partner cpa/tax preparer

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

Return is reviewed by the board members

Form 990, Page 6, Part VI, Line 12C

1.if the board of directors (or any committee having board authority) is considering entering into any transaction or arrangement with a corporation, entity or individual in which an interested person has a financial interest, (a) the interested person must disclose the potential conflict of interest to board of directors or the committee, as the case may be, (b) the interested person must leave the meeting while the matter is discussed, and (c) the interested person, if he has any voting rights, may not vote on the matter in question. 2.if it is determined that a conflict exists, (a) the interested person must leave the meeting during the discussion of, and the vote on, the transaction or arrangement that results in the conflict of interest. (b) if appropriate, the board of directors or any committee having board authority as the case may be, may appoint a non-interested person tor committee to investigate alternatives to the proposed transaction or arrangement. (c) the board of directors or any committee having board authority, as the case may be, may determine, by a majority vote of the non-interested voting members, that (i) the transaction or arrangement is in the corporation's best interest and for its own benefit and is fair and reasonable to the corporation and (ii) after exercising due diligence, the organization cannot obtain a more advantageous transaction or arrangement with reasonable efforts under the circumstances; and (d) the board of directors must take appropriate disciplinary action with respect to an interested person who violates the conflicts of interest policy to protect the corporation's best interests.

Form 990, Page 6, Part VI, Line 19

AVAILABLE UPON REQUEST

Filing and Contact Details

Filer

Filer Name
Dream Park
EIN
46-4423585
Address
PO BOX 470517, FORT WORTH, TX 76147

Signing Officer

Name
Rachael Churchill
Title
President
Signed
2020-11-12

Organization Details

Principal Officer
Sandy Mesch
Formed
2012
Legal Domicile
TX
Voting Board Members
3
Independent Board Members
3
Employees
0
Volunteers
20

Preparer

Firm
Mesch Pllc
Address
600 TEXAS STREET, FORT WORTH, TX 76102
Preparer
Fred Mesch
Phone
8177101500
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

The corporation is organized and operated to raise funds for and construct a children's playground to be donated to the city of fort worth, texas. The 57,000 square foot, universally inclusive playground, will be a place where children of all abilities can interact and play side- by-side. The park will be the first of its kind in the fort worth community. It will not only meet, but exceed ada accessibility guidelines.

Form 990, Part IX, Line 11G

Gates 3,925 0 0 remove stone steps & add mow 5,900 0 0 ramp 2-5 play area 13,300 0 0 planning and engineering 10,800 0 0 erosion control 2,673 0 0 concrete paving 60,812 0 0 natural stone paving 10,557 0 0 playground surfacing 269,441 0 0 sandstone walls 95,935 0 0 equipment installation 148,326 0 0 ornamental fencing 59,824 0 0 miscellaneous metals 23,761 0 0 site furnishings/amenities 99,053 0 0 landscaping 65,527 0 0 irrigation 7,000 0 0 temporary irrigation 3,200 0 0 signage 32,492 0 0 aeronet climber 28,250 0 0 zipkrooz 22,594 0 0 graffiti proof masonry walls 32,188 0 0 bricks 7,134 0 0 insurance - liability, d and 1,450 0 0 community events 1,357 0 0 bank and merchant fees 0 15 0 website maintenance 0 350 0 advertising 0 900 0 merchant fees 0 840 0 total 1,005,499 2,105 0

Financial Statement Notes

Schedule D, Page 2, Part V, Line 4

250,000.00 was reserved as an endowment to replace and maintain the rubber surfacing at dream park.

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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE CORPORATION IS ORGANIZED AND OPERATED TO RAISE FUNDS FOR AND CONSTRUCT A CHILDREN'S PLAYGROUND TO BE DONATED TO THE CITY OF FORT WORTH, TEXAS. THE 57,000 SQUARE FOOT, UNIVERSALLY INCLUSIVE PLAYGROUND, WILL BE A PLACE WHERE CHILDREN OF ALL ABILITIES CAN INTERACT AND PLAY SIDE- BY-SIDE. THE PARK WILL BE THE FIRST OF ITS KIND IN THE FORT WORTH COMMUNITY. IT WILL NOT ONLY MEET, BUT EXCEED ADA ACCESSIBILITY GUIDELINES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1MESCH, PLLC PARTNER CPA/TAX PREPARER
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2RETURN IS REVIEWED BY THE BOARD MEMBERS
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt31.IF THE BOARD OF DIRECTORS (OR ANY COMMITTEE HAVING BOARD AUTHORITY) IS CONSIDERING ENTERING INTO ANY TRANSACTION OR ARRANGEMENT WITH A CORPORATION, ENTITY OR INDIVIDUAL IN WHICH AN INTERESTED PERSON HAS A FINANCIAL INTEREST, (A) THE INTERESTED PERSON MUST DISCLOSE THE POTENTIAL CONFLICT OF INTEREST TO BOARD OF DIRECTORS OR THE COMMITTEE, AS THE CASE MAY BE, (B) THE INTERESTED PERSON MUST LEAVE THE MEETING WHILE THE MATTER IS DISCUSSED, AND (C) THE INTERESTED PERSON, IF HE HAS ANY VOTING RIGHTS, MAY NOT VOTE ON THE MATTER IN QUESTION. 2.IF IT IS DETERMINED THAT A CONFLICT EXISTS, (A) THE INTERESTED PERSON MUST LEAVE THE MEETING DURING THE DISCUSSION OF, AND THE VOTE ON, THE TRANSACTION OR ARRANGEMENT THAT RESULTS IN THE CONFLICT OF INTEREST. (B) IF APPROPRIATE, THE BOARD OF DIRECTORS OR ANY COMMITTEE HAVING BOARD AUTHORITY AS THE CASE MAY BE, MAY APPOINT A NON-INTERESTED PERSON TOR COMMITTEE TO INVESTIGATE ALTERNATIVES TO THE PROPOSED TRANSACTION OR ARRANGEMENT. (C) THE BOARD OF DIRECTORS OR ANY COMMITTEE HAVING BOARD AUTHORITY, AS THE CASE MAY BE, MAY DETERMINE, BY A MAJORITY VOTE OF THE NON-INTERESTED VOTING MEMBERS, THAT (I) THE TRANSACTION OR ARRANGEMENT IS IN THE CORPORATION'S BEST INTEREST AND FOR ITS OWN BENEFIT AND IS FAIR AND REASONABLE TO THE CORPORATION AND (II) AFTER EXERCISING DUE DILIGENCE, THE ORGANIZATION CANNOT OBTAIN A MORE ADVANTAGEOUS TRANSACTION OR ARRANGEMENT WITH REASONABLE EFFORTS UNDER THE CIRCUMSTANCES; AND (D) THE BOARD OF DIRECTORS MUST TAKE APPROPRIATE DISCIPLINARY ACTION WITH RESPECT TO AN INTERESTED PERSON WHO VIOLATES THE CONFLICTS OF INTEREST POLICY TO PROTECT THE CORPORATION'S BEST INTERESTS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4AVAILABLE UPON REQUEST
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5GATES 3,925 0 0 REMOVE STONE STEPS & ADD MOW 5,900 0 0 RAMP 2-5 PLAY AREA 13,300 0 0 PLANNING AND ENGINEERING 10,800 0 0 EROSION CONTROL 2,673 0 0 CONCRETE PAVING 60,812 0 0 NATURAL STONE PAVING 10,557 0 0 PLAYGROUND SURFACING 269,441 0 0 SANDSTONE WALLS 95,935 0 0 EQUIPMENT INSTALLATION 148,326 0 0 ORNAMENTAL FENCING 59,824 0 0 MISCELLANEOUS METALS 23,761 0 0 SITE FURNISHINGS/AMENITIES 99,053 0 0 LANDSCAPING 65,527 0 0 IRRIGATION 7,000 0 0 TEMPORARY IRRIGATION 3,200 0 0 SIGNAGE 32,492 0 0 AERONET CLIMBER 28,250 0 0 ZIPKROOZ 22,594 0 0 GRAFFITI PROOF MASONRY WALLS 32,188 0 0 BRICKS 7,134 0 0 INSURANCE - LIABILITY, D AND 1,450 0 0 COMMUNITY EVENTS 1,357 0 0 BANK AND MERCHANT FEES 0 15 0 WEBSITE MAINTENANCE 0 350 0 ADVERTISING 0 900 0 MERCHANT FEES 0 840 0 TOTAL 1,005,499 2,105 0
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990 - ORGANIZATION'S MISSION
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PAGE 6, PART VI, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PART IX, LINE 11G
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IRS990/TotalAssetsBOYAmt0888151
IRS990/TotalAssetsEOYAmt0289904
IRS990/TotalAssetsGrp/BOYAmt0888151
IRS990/TotalAssetsGrp/EOYAmt0289904
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt0443552
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt02105
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt01005499
IRS990/TotalFunctionalExpensesGrp/TotalAmt01007604
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt034195
IRS990/TotalLiabilitiesEOYAmt00
IRS990/TotalLiabilitiesGrp/BOYAmt034195
IRS990/TotalLiabilitiesGrp/EOYAmt00
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0853956
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0289904
IRS990/TotalProgramServiceExpensesAmt01005499
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0443552
IRS990/TotalVolunteersCnt020
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0888151
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0289904
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt05630 COLLINWOOD AVE
IRS990/USAddress/CityNm0FORT WORTH
IRS990/USAddress/StateAbbreviationCd0TX
IRS990/USAddress/ZIPCd076107
IRS990/VotingMembersGoverningBodyCnt03
IRS990/VotingMembersIndependentCnt03
IRS990/WebsiteAddressTxt0WWW.DREAMPARKFW.ORG
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02021-01-29 14:40:06Z
ReturnHeader/BusinessOfficerGrp/PersonNm0RACHAEL CHURCHILL
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/SignatureDt02020-11-12
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0DREAM PARK
ReturnHeader/Filer/BusinessNameControlTxt0DREA
ReturnHeader/Filer/EIN0464423585
ReturnHeader/Filer/USAddress/AddressLine1Txt0PO BOX 470517
ReturnHeader/Filer/USAddress/CityNm0FORT WORTH
ReturnHeader/Filer/USAddress/StateAbbreviationCd0TX
ReturnHeader/Filer/USAddress/ZIPCd076147
ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId0AF4C4867E9D7AF134D734B11BC7D5AD5DB55EEAE
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId08FF0820042E0FA6EC19E78C29907BF3701465D8D
ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt024.182.195.98
ReturnHeader/FilingSecurityInformation/IPDt02020-11-16
ReturnHeader/FilingSecurityInformation/IPTimezoneCd0CS
ReturnHeader/FilingSecurityInformation/IPTm011:51:09
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0274197566
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0MESCH PLLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0600 TEXAS STREET
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0FORT WORTH
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0TX
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd076102
ReturnHeader/PreparerPersonGrp/PhoneNum08177101500
ReturnHeader/PreparerPersonGrp/PreparationDt02020-11-16
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0FRED MESCH
ReturnHeader/ReturnTs02020-11-16T11:51:09-06:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02019-01-01
ReturnHeader/TaxPeriodEndDt02019-12-31
ReturnHeader/TaxYr02019

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