Civic Intelligence

Montgomery County Parks Foundation Inc.

990 • Fiscal year 2018 • EIN 52-1788782

Jan 01, 2018 to Dec 31, 2018 • Filed on Nov 15, 2019

9500 Brunett AvenueSilver Spring, MD 20901

(301) 495-2490

Siviq Scores

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

Liabilities / Assets

42nd percentile

0.01x

Higher debt load relative to assets than 42% of similar nonprofits.

2018 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2018

Liabilities / Revenue

44th percentile

0.02x

Higher debt load relative to revenue than 44% of similar nonprofits.

2018 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2018

Net Margin

7th percentile

-44%

Higher net margin than 7% of similar nonprofits.

2018 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2018

Top Officer Pay

88th percentile

$101,829

Higher top officer pay than 88% of similar nonprofits.

Top officer pay equals 13.1% of source-year revenue.

2018 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2018

Asset Growth

6th percentile

-30%

Faster asset growth than 6% of similar nonprofits.

2018 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2017 to 2018

Revenue Growth

31st percentile

-4.5%

Faster revenue growth than 31% of similar nonprofits.

2018 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2017 to 2018

Assets

Down

$959,572

Down $408,410 (-30%) from 2017

Net Assets

Down

$945,300

Down $382,804 (-29%) from 2017

Liabilities

Down

$14,272

Down $25,606 (-64%) from 2017

Revenue

Down

$779,119

Down $36,924 (-4.5%) from 2017

Expenses

Up

$1,124,747

Up $467,871 (+71%) from 2017

Net Income

Down

-$345,628

Down $504,795 (-317%) from 2017

Historical Trend

Balance Sheet Trend

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

$3.0M$2.0M$1.0M$0Assets 2011: $101,973Liabilities 2011: $2,284Net Assets 2011: $99,6892011Assets 2012: $438,857Liabilities 2012: $12,730Net Assets 2012: $426,1272012Assets 2013: $680,961Liabilities 2013: $19,544Net Assets 2013: $661,4172013Assets 2014: $1,989,627Liabilities 2014: $47,189Net Assets 2014: $1,942,4382014Assets 2015: $2,205,396Liabilities 2015: $17,415Net Assets 2015: $2,187,9812015Assets 2016: $1,348,263Liabilities 2016: $195,377Net Assets 2016: $1,152,8862016Assets 2017: $1,367,982Liabilities 2017: $39,878Net Assets 2017: $1,328,1042017Assets 2018: $959,572Liabilities 2018: $14,272Net Assets 2018: $945,3002018Assets 2019: $1,116,675Liabilities 2019: $16,627Net Assets 2019: $1,100,0482019Assets 2020: $1,486,144Liabilities 2020: $26,692Net Assets 2020: $1,459,4522020Assets 2021: $1,876,149Liabilities 2021: $27,099Net Assets 2021: $1,849,0502021Assets 2022: $2,125,662Liabilities 2022: $39,235Net Assets 2022: $2,086,4272022Assets 2023: $2,379,640Liabilities 2023: $48,166Net Assets 2023: $2,331,4742023Assets 2024: $2,362,958Liabilities 2024: $65,107Net Assets 2024: $2,297,8512024

Highlighted filing

2018

Assets$959,572
Liabilities$14,272
Net Assets$945,300

Operations Trend

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

$2.0M$1.0M$0-$1.0M-$2.0MRevenue 2011: $99,601Expenses 2011: $14,486Net Income 2011: $85,1152011Expenses 2012: $88,8722012Revenue 2013: $574,451Expenses 2013: $339,161Net Income 2013: $235,2902013Revenue 2014: $1,685,724Expenses 2014: $405,939Net Income 2014: $1,279,7852014Revenue 2015: $561,175Expenses 2015: $300,318Net Income 2015: $260,8572015Revenue 2016: $505,786Expenses 2016: $1,549,662Net Income 2016: -$1,043,8762016Revenue 2017: $816,043Expenses 2017: $656,876Net Income 2017: $159,1672017Revenue 2018: $779,119Expenses 2018: $1,124,747Net Income 2018: -$345,6282018Revenue 2019: $721,149Expenses 2019: $566,401Net Income 2019: $154,7482019Revenue 2020: $665,320Expenses 2020: $305,916Net Income 2020: $359,4042020Revenue 2021: $805,813Expenses 2021: $416,215Net Income 2021: $389,5982021Revenue 2022: $648,544Expenses 2022: $411,165Net Income 2022: $237,3792022Revenue 2023: $650,089Expenses 2023: $436,620Net Income 2023: $213,4692023Revenue 2024: $803,001Expenses 2024: $847,482Net Income 2024: -$44,4812024

Highlighted filing

2018

Revenue$779,119
Expenses$1,124,747
Net Income-$345,628
Jump To
Filing Snapshot
Filing Period
Jan 1, 2018 to Dec 31, 2018
Signed
Nov 15, 2019
Return Version
2018v3.1
Gross Receipts
$779,119
Mission and Program Overview

Mission

To lessen the burdens of government while serving and providing facilities for the residents of Montgomery County, Maryland by using private funding sources to promote and advance the acquisition, protection, use and development of park land located in Montgomery County, Maryland and owned/or operated by M-NCPPC (the "Montgomery Park System").

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$1,032,329$655,625▼ $376,704
Investments in Publicly Traded Securities$150,957$166,837▲ $15,880
Accounts Receivable$139,000$136,300▼ $2,700
Savings and Temporary Cash Investments$44,805$0▼ $44,805
Prepaid Expenses and Deferred Charges$891$810▼ $81
Total Assets$1,367,982$959,572▼ $408,410
Liabilities
Accounts Payable and Accrued Expenses$39,878$14,272▼ $25,606
Total Liabilities$39,878$14,272▼ $25,606
Net Assets / Fund Balance
Temporarily Rstr Net Assets$1,138,642$962,804▼ $175,838
Unrestricted Net Assets$189,462$-17,504▼ $206,966
Total Net Assets Fund Balance$1,328,104$945,300▼ $382,804
Total Liabilities and Net Assets / Fund Balance$1,367,982$959,572▼ $408,410
Compensation and Service Providers

Employees

NameTitleFull / Part TimeOtherTotal
Michael NardolilliExecutive DirectorFT$101,829$101,829

Board Members and Trustees

NameTitle
John RobinsonPresident
Meredith WellingtonVice President
Charles WashingtonDirector
Cunningham RhondaDirector
Jody KlineDirector
Kelly GroffDirector
Lovette ClaraDirector
Wells-harley MaryeDirector
Scott RitterSecretary
Royce HansonTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$765,970
Program Service Revenue
$0
Investment Income
$13,149
Other Revenue
$0
All Other Contributions
$765,970
Change in Net Assets
$-345,628

Audited Revenue Reconciliation

Revenue per Audited Statements
$779,119
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$441,407
Total Revenue per Audited Statements
$1,220,526
Total Revenue per Form 990
$779,119
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$1,124,747
Total Fundraising Expense$15,728
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Office Expenses-$31,509-$31,509
All Other Expenses$5,963$11,968$7,581$25,512
Other Expenses$8,150$8,147$8,147$24,444
Fees for Services Accounting-$16,439-$16,439
Insurance-$1,145-$1,145
Travel-$691-$691
Total Functional Expenses$821,059$287,960$15,728$1,124,747

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$1,566,154
Expenses per Audited Statements$1,124,747
Total Expenses per Form 990$1,124,747
Expenses Not Reported on Form 990$441,407
Expenses Not Reported on Financial Statements$0
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
Audit committee
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

A draft of the form 990 was reviewed by the executive director and board officers prior to filing.

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

Disclosure is required annually at a meeting of the full board

Form 990, Part VI, Section C, Line 19

Governing documents, policies and financial statements are available on the organization`s website.

Filing and Contact Details

Filer

Filer Name
Montgomery County Park Foundation Inc
EIN
52-1788782
Phone
3014952490
Address
9500 BRUNETT AVENUE, SILVER SPRING, MD 20901

Signing Officer

Name
John Robinson
Title
President
Phone
3014952490
Signed
2019-11-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
John Robinson
Formed
1992
Legal Domicile
Md
Voting Board Members
10
Independent Board Members
10
Employees
0
Volunteers
10

Preparer

Firm
Sb & Company
Address
10200 GRAND CENTRAL AVE SUITE 250, OWINGS MILLS, MD 21117
Preparer
Christopher G Lehman
Phone
4105840060
Supplemental Narrative

Financial Statement Notes

Part X - Fin 48 Footnote

(l) uncertain tax positions - as of december 31, 2018 the foundation had no uncertain tax positions that qualify for either recongnition or disclosure in the financial statements. The tax years subject to examination by the taxing authjorities are the years ended december 31, 2015 through 2018.

Raw XML Appendix398 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/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt03386
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt06848
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt06288
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt07638
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt037309
IRS990ScheduleA/PublicSupportCY170Pct00.99140
IRS990ScheduleA/PublicSupportPY170Pct00.99420
IRS990ScheduleA/PublicSupportTotal170Amt04310538
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0765970
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0812657
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0498938
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0554887
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt01678086
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt04310538
IRS990ScheduleA/TotalSupportAmt04347847
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/DonatedServicesAndUseFcltsAmt0441407
IRS990ScheduleD/DonatedServicesUseFcltsAmt0441407
IRS990ScheduleD/ExpensesNotReportedAmt0441407
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt01124747
IRS990ScheduleD/RevenueNotReportedAmt0441407
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt0779119
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0(L) UNCERTAIN TAX POSITIONS - AS OF DECEMBER 31, 2018 THE FOUNDATION HAD NO UNCERTAIN TAX POSITIONS THAT QUALIFY FOR EITHER RECONGNITION OR DISCLOSURE IN THE FINANCIAL STATEMENTS. THE TAX YEARS SUBJECT TO EXAMINATION BY THE TAXING AUTHJORITIES ARE THE YEARS ENDED DECEMBER 31, 2015 THROUGH 2018.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X - FIN 48 FOOTNOTE
IRS990ScheduleD/TotalBookValueLandBuildingsAmt00
IRS990ScheduleD/TotalExpensesPerForm990Amt01124747
IRS990ScheduleD/TotalRevenuePerForm990Amt0779119
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt01220526
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt01566154
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0A DRAFT OF THE FORM 990 WAS REVIEWED BY THE EXECUTIVE DIRECTOR AND BOARD OFFICERS PRIOR TO FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1DISCLOSURE IS REQUIRED ANNUALLY AT A MEETING OF THE FULL BOARD
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2GOVERNING DOCUMENTS, POLICIES AND FINANCIAL STATEMENTS ARE AVAILABLE ON THE ORGANIZATION`S WEBSITE.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION C, LINE 19
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TemporarilyRstrNetAssetsGrp/BOYAmt01138642
IRS990/TemporarilyRstrNetAssetsGrp/EOYAmt0962804
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt01367982
IRS990/TotalAssetsEOYAmt0959572
IRS990/TotalAssetsGrp/BOYAmt01367982
IRS990/TotalAssetsGrp/EOYAmt0959572
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt0765970
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt015728
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0287960
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0821059
IRS990/TotalFunctionalExpensesGrp/TotalAmt01124747
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt039878
IRS990/TotalLiabilitiesEOYAmt014272
IRS990/TotalLiabilitiesGrp/BOYAmt039878
IRS990/TotalLiabilitiesGrp/EOYAmt014272
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt01328104
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0945300
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt0821059
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt013149
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0779119
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt010
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt01367982
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0959572
IRS990/TotReportableCompRltdOrgAmt0101829
IRS990/TravelGrp/ManagementAndGeneralAmt0691
IRS990/TravelGrp/TotalAmt0691
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UnrestrictedNetAssetsGrp/BOYAmt0189462
IRS990/UnrestrictedNetAssetsGrp/EOYAmt0-17504
IRS990/USAddress/AddressLine1Txt09500 BRUNETT AVENUE
IRS990/USAddress/CityNm0SILVER SPRING
IRS990/USAddress/StateAbbreviationCd0MD
IRS990/USAddress/ZIPCd020901
IRS990/VotingMembersGoverningBodyCnt010
IRS990/VotingMembersIndependentCnt010
IRS990/WebsiteAddressTxt0MONTGOMERYPARKSFOUNDATION.ORG
IRS990/WhistleblowerPolicyInd00
ReturnHeader/BuildTS02020-03-31 21:24:44Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0JOHN ROBINSON
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum03014952490
ReturnHeader/BusinessOfficerGrp/SignatureDt02019-11-15
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0MONTGOMERY COUNTY PARK FOUNDATION INC
ReturnHeader/Filer/BusinessNameControlTxt0MONT
ReturnHeader/Filer/EIN0521788782
ReturnHeader/Filer/PhoneNum03014952490
ReturnHeader/Filer/USAddress/AddressLine1Txt09500 BRUNETT AVENUE
ReturnHeader/Filer/USAddress/CityNm0SILVER SPRING
ReturnHeader/Filer/USAddress/StateAbbreviationCd0MD
ReturnHeader/Filer/USAddress/ZIPCd020901
ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId0EEE392D5837FAB5539D34632764492DD89CDD7E4
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId09C7A34B2BD876ED8976A7808E74DEE3BEB53D907
ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt096.244.210.58
ReturnHeader/FilingSecurityInformation/IPDt02019-11-15
ReturnHeader/FilingSecurityInformation/IPTimezoneCd0ES
ReturnHeader/FilingSecurityInformation/IPTm016:29:19
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0202153727
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0SB & COMPANY
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt010200 GRAND CENTRAL AVE SUITE 250
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0OWINGS MILLS
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0MD
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd021117
ReturnHeader/PreparerPersonGrp/PhoneNum04105840060
ReturnHeader/PreparerPersonGrp/PreparationDt02019-11-15
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0CHRISTOPHER G LEHMAN
ReturnHeader/ReturnTs02019-11-15T18:04:08-06:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02018-01-01
ReturnHeader/TaxPeriodEndDt02018-12-31
ReturnHeader/TaxYr02018

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$2.36$0.07$2.30$0.80$0.85$0.04
2023Detailed filing. Detailed filing data is available for this year.$2.38$0.05$2.33$0.65$0.44$0.21
2022Detailed filing. Detailed filing data is available for this year.$2.13$0.04$2.09$0.65$0.41$0.24
2021Detailed filing. Detailed filing data is available for this year.$1.88$0.03$1.85$0.81$0.42$0.39
2020Detailed filing. Detailed filing data is available for this year.$1.49$0.03$1.46$0.67$0.31$0.36
2019Detailed filing. Detailed filing data is available for this year.$1.12$0.02$1.10$0.72$0.57$0.15
2018Detailed filing. Detailed filing data is available for this year.$0.96$0.01$0.95$0.78$1.12$0.35
2017Detailed filing. Detailed filing data is available for this year.$1.37$0.04$1.33$0.82$0.66$0.16
2016Detailed filing. Detailed filing data is available for this year.$1.35$0.20$1.15$0.51$1.55$1.04
2015Detailed filing. Detailed filing data is available for this year.$2.21$0.02$2.19$0.56$0.30$0.26
2014Detailed filing. Detailed filing data is available for this year.$1.99$0.05$1.94$1.69$0.41$1.28
2013Summary only. Only limited summary data is available for this year.$0.68$0.02$0.66$0.57$0.34$0.24
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.44$0.01$0.43$0.09
2011Summary only. Only limited summary data is available for this year.$0.10$0.00$0.10$0.10$0.01$0.09