Civic Intelligence

Park Foundation Inc.

990 • Fiscal year 2020 • EIN 58-2139088

Jan 01, 2020 to Dec 31, 2020 • Filed on Jun 16, 2021

Organization ProfileN/A
6915 Geyer Springs RoadLittle Rock, AR 72209

(501) 562-5223

Siviq Scores

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

Liabilities / Assets

5th percentile

0.00x

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

2020 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2020

Liabilities / Revenue

5th percentile

0.00x

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

2020 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2020

Net Margin

90th percentile

49%

Higher net margin than 90% of similar nonprofits.

2020 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2020

Top Officer Pay

24th percentile

$101,411

Higher top officer pay than 24% of similar nonprofits.

Top officer pay equals 4.9% of source-year revenue.

2020 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2020

Asset Growth

57th percentile

9.6%

Faster asset growth than 57% of similar nonprofits.

2020 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2019 to 2020

Revenue Growth

77th percentile

20%

Faster revenue growth than 77% of similar nonprofits.

2020 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2019 to 2020

Balance Sheet
Liabilities / Assets5th percentile

Assets

Up

$17,060,905

Up $1,487,443 (+9.6%) from 2019

Net Assets

Up

$17,060,905

Up $1,487,443 (+9.6%) from 2019

Liabilities

Flat

$0

Flat from 2019

Revenue And Expenses
Liabilities / Revenue5th percentileNet Margin90th percentile

Revenue

Up

$2,083,755

Up $343,708 (+20%) from 2019

Expenses

Down

$1,061,667

Down $228,620 (-18%) from 2019

Net Income

Up

$1,022,088

Up $572,328 (+127%) from 2019

Historical Trend

Balance Sheet Trend

Asset Growth57th percentile

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

$30M$20M$10M$0Assets 2011: $7,121,981Liabilities 2011: $0Net Assets 2011: $7,121,9812011Assets 2012: $7,413,098Liabilities 2012: $0Net Assets 2012: $7,413,0982012Assets 2013: $8,060,999Liabilities 2013: $0Net Assets 2013: $8,060,9992013Assets 2014: $13,582,565Liabilities 2014: $0Net Assets 2014: $13,582,5652014Assets 2015: $13,511,021Liabilities 2015: $25,000Net Assets 2015: $13,486,0212015Assets 2016: $13,671,118Liabilities 2016: $0Net Assets 2016: $13,671,1182016Assets 2017: $14,317,353Liabilities 2017: $0Net Assets 2017: $14,317,3532017Assets 2018: $13,274,504Liabilities 2018: $0Net Assets 2018: $13,274,5042018Assets 2019: $15,573,462Liabilities 2019: $0Net Assets 2019: $15,573,4622019Assets 2020: $17,060,905Liabilities 2020: $0Net Assets 2020: $17,060,9052020Assets 2021: $19,400,497Liabilities 2021: $0Net Assets 2021: $19,400,4972021Assets 2022: $17,983,533Liabilities 2022: $0Net Assets 2022: $17,983,5332022Assets 2023: $19,497,964Liabilities 2023: $0Net Assets 2023: $19,497,9642023Assets 2024: $21,432,968Liabilities 2024: $0Net Assets 2024: $21,432,9682024

Highlighted filing

2020

Assets$17,060,905
Liabilities$0
Net Assets$17,060,905
Open 2020 Filing

Operations Trend

Revenue Growth77th percentile

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

$8.0M$6.0M$4.0M$2.0M$0-$2.0MExpenses 2011: $973,7002011Revenue 2012: $1,084,271Expenses 2012: $928,216Net Income 2012: $156,0552012Revenue 2013: $1,506,186Expenses 2013: $1,062,395Net Income 2013: $443,7912013Revenue 2014: $6,407,954Expenses 2014: $1,132,016Net Income 2014: $5,275,9382014Revenue 2015: $1,218,044Expenses 2015: $1,082,121Net Income 2015: $135,9232015Revenue 2016: $1,072,918Expenses 2016: $1,340,294Net Income 2016: -$267,3762016Revenue 2017: $1,206,539Expenses 2017: $1,153,611Net Income 2017: $52,9282017Revenue 2018: $1,232,686Expenses 2018: $1,103,228Net Income 2018: $129,4582018Revenue 2019: $1,740,047Expenses 2019: $1,290,287Net Income 2019: $449,7602019Revenue 2020: $2,083,755Expenses 2020: $1,061,667Net Income 2020: $1,022,0882020Revenue 2021: $2,279,307Expenses 2021: $1,083,799Net Income 2021: $1,195,5082021Revenue 2022: $2,437,590Expenses 2022: $1,672,357Net Income 2022: $765,2332022Revenue 2023: $1,913,381Expenses 2023: $1,551,821Net Income 2023: $361,5602023Revenue 2024: $2,319,976Expenses 2024: $1,500,837Net Income 2024: $819,1392024

Highlighted filing

2020

Revenue$2,083,755
Expenses$1,061,667
Net Income$1,022,088
Open 2020 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2020 to Dec 31, 2020
Signed
Jun 16, 2021
Return Version
2020v4.0
Gross Receipts
$12,276,249
Mission and Program Overview

Mission

The organization was established to solicit funds and support for "positive atmosphere reaches kids" (park, inc.), a section 501(c)(3)tax exempt organization. Donations received will be contributed to park, inc. As requested.

Established to solicit funds and support for positive atmosphere reaches kids, inc. ("p.a.r.k., inc.") another 501(c)(3) tax exempt organization. Donations received will be submitted to p.a.r.k., inc. As requested.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$14,128,883$15,254,797▲ $1,125,914
Savings and Temporary Cash Investments$897,446$1,140,707▲ $243,261
Pledges and Grants Receivable$547,133$665,401▲ $118,268
Total Assets$15,573,462$17,060,905▲ $1,487,443
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Net Assets With Donor Restrictions$12,164,170$12,479,914▲ $315,744
Net Assets Without Donor Restrictions$3,409,292$4,580,991▲ $1,171,699
Total Net Assets Fund Balance$15,573,462$17,060,905▲ $1,487,443
Total Liabilities and Net Assets / Fund Balance$15,573,462$17,060,905▲ $1,487,443

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2020$11,062,156$125,347-$907,156$10,280,347
2019$10,291,271$833,685--$11,062,156
2018$10,290,771$500--$10,291,271
2017$10,355,771$5,000--$10,290,771
2016$10,362,778$12,993--$10,355,771
Compensation and Service Providers
Top Officer Pay24th percentile

Employees

NameTitleFull / Part TimeOtherTotal
Keith JacksonExecutive DiFT$101,411$101,411

Board Members and Trustees

NameTitle
Walter E Hussman JrPresident
Bud WhetstoneDirector
Chris LigonDirector
Dabbs CavinDirector
Gus Blass IiiDirector
Honorable Mark LeverettDirector
Isaac SmithDirector
Jay HeflinDirector
Jd Simpson IiiDirector
Jeff FoxDirector
Jeff JohnsonDirector
Merritt DykeDirector
Russ McdonoughDirector
Todd StewartDirector
Ty WarrenDirector
William CravensEmeritus Director
Dora Jane FlesherController
Andrew TurnerEmeritus
Matt DuncanSecretary
Revenue and Support

Revenue Composition

Contributions and Grants
$1,316,890
Program Service Revenue
$0
Investment Income
$766,865
Other Revenue
$0
All Other Contributions
$1,316,890
Change in Net Assets
$1,022,088

Audited Revenue Reconciliation

Revenue per Audited Statements
$2,044,513
Revenue Not Reported on Financial Statements
$39,242
Revenue Not Reported on Form 990
$465,356
Total Revenue per Audited Statements
$2,509,869
Total Revenue per Form 990
$2,083,755
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$961,427
Other Expenses$100,240
Total Fundraising Expense$60,998
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$961,427--$961,427
Fees for Services Other--$60,998$60,998
Fees for Service Investment Mgmnt Fees-$39,242-$39,242
Total Functional Expenses$961,427$39,242$60,998$1,061,667

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Form 990$1,061,667
Expenses per Audited Statements$1,022,425
Total Expenses per Audited Statements$1,022,425
Expenses Not Reported on Financial Statements$39,242
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Park IncLittle Rock, AR501c3Fund High Risk Youth$961,427
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
Audit committee
Yes
Backup withholding compliance
No
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
No
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 11B

“The board president along with dora jane flesher, director and accountant, are the board members that review the return prior to its filing.”

Form 990, Page 6, Part VI, Line 19

“The foundation makes its governing documents and financial statements available to the public upon request.”

Filing and Contact Details

Filer

Filer Name
Park Foundation Inc
EIN
58-2139088
Phone
5015625223
Address
6915 GEYER SPRINGS ROAD, LITTLE ROCK, AR 72209

Signing Officer

Name
Dora Jane Flesher
Title
Controller
Phone
5015625223
Signed
2021-06-16

Organization Details

Principal Officer
Walter E Hussman Jr
Formed
1993
Legal Domicile
Ar
Voting Board Members
19
Independent Board Members
19
Employees
0
Volunteers
1

Preparer

Firm
Priddy Holifield Ables Pa
Address
615 MAIN ST, NORTH LITTLE ROCK, AR 72114
Preparer
Jeremy T Ables
Phone
5013749241
Supplemental Narrative

Additional Explanations

Form 990, Part III

“The organization was established to solicit funds and support for "positive atmosphere reaches kids" (park, inc.), a section 501(c)(3) tax exempt organization. Donations received will be contributed to park, inc. As requested.”

Financial Statement Notes

Schedule D, Page 2, Part V, Line 4

“The intended use of the endowment fund is financial support of positive atmosphere reaches kids, inc. (park, inc.) and its programs and operations.”

Schedule D, Page 3, Part X

“In accordance with the accounting for income taxes topic of the accounting standards codification (asc), the foundation would recognize, if any, accrued interest and penalties associated with uncertain tax positions as an income tax provision. The past three years of tax returns, along with the current tax return, are subject to potential examination by taxing authorities.”

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IRS990/GoverningBodyVotingMembersCnt019
IRS990/GrantAmt0961427
IRS990/GrantsToDomesticOrgsGrp/ProgramServicesAmt0961427
IRS990/GrantsToDomesticOrgsGrp/TotalAmt0961427
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0true
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossAmountSalesAssetsGrp/SecuritiesAmt010507629
IRS990/GrossReceiptsAmt012276249
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0true
IRS990/IndependentAuditFinclStmtInd0true
IRS990/IndependentVotingMemberCnt019
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InvestmentIncomeGrp/ExclusionAmt0451730
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt0451730
IRS990/InvestmentInJointVentureInd0false
IRS990/InvestmentsPubTradedSecGrp/BOYAmt014128883
IRS990/InvestmentsPubTradedSecGrp/EOYAmt015254797
IRS990/IRPDocumentCnt00
IRS990/IRPDocumentW2GCnt00
IRS990/LegalDomicileStateCd0AR
IRS990/LessCostOthBasisSalesExpnssGrp/SecuritiesAmt010192494
IRS990/LoanOutstandingInd0false
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0ESTABLISHED TO SOLICIT FUNDS AND SUPPORT FOR POSITIVE ATMOSPHERE REACHES KIDS, INC. ("P.A.R.K., INC.") ANOTHER 501(C)(3) TAX EXEMPT ORGANIZATION. DONATIONS RECEIVED WILL BE SUBMITTED TO P.A.R.K., INC. AS REQUESTED.
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/NetAssetsOrFundBalancesBOYAmt015573462
IRS990/NetAssetsOrFundBalancesEOYAmt017060905
IRS990/NetGainOrLossInvestmentsGrp/ExclusionAmt0315135
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt0315135
IRS990/NetUnrlzdGainsLossesInvstAmt0465355
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt03409292
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt04580991
IRS990/NondeductibleContributionsInd0false
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/PartialLiquidationInd0false
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt0547133
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt0665401
IRS990/PoliticalCampaignActyInd0false
IRS990/PrincipalOfficerNm0WALTER E HUSSMAN JR
IRS990/ProfessionalFundraisingInd0false
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt01287678
IRS990/PYExcessBenefitTransInd0false
IRS990/PYGrantsAndSimilarPaidAmt01198024
IRS990/PYInvestmentIncomeAmt0452369
IRS990/PYOtherExpensesAmt092263
IRS990/PYRevenuesLessExpensesAmt0449760
IRS990/PYTotalExpensesAmt01290287
IRS990/PYTotalRevenueAmt01740047
IRS990/ReconcilationRevenueExpnssAmt01022088
IRS990/RelatedEntityInd0true
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0false
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0897446
IRS990/SavingsAndTempCashInvstGrp/EOYAmt01140707
IRS990ScheduleA/Form990SchASupportingOrgGrp/Contribution35ControlledInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/ContributionControllerInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/ContributionFamilyInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/ControlledDisqualifiedPrsnInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/DisqualifiedPrsnControllIntInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/DisqualifiedPrsnOwnrIntInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/ExcessBusinessHoldingsRulesInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/ListedByNameGoverningDocInd0true
IRS990ScheduleA/Form990SchASupportingOrgGrp/LoanDisqualifiedPersonInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/OrganizationChangeSuprtOrgInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/PaymentSubstantialContribtrInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportedOrgNotOrganizedUSInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportedOrgSectionC456Ind0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportNonSupportedOrgInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/SuprtOrgNoIRSDeterminationInd0false
IRS990ScheduleA/Form990SchAType1SuprtOrgGrp/OperateBenefitNonSuprtOrgInd0false
IRS990ScheduleA/Form990SchAType1SuprtOrgGrp/PowerAppointMajorityDirTrstInd0true
IRS990ScheduleA/OtherSupportSumAmt00
IRS990ScheduleA/SupportedOrganizationsCnt01
IRS990ScheduleA/SupportedOrganizationsTotalCnt01
IRS990ScheduleA/SupportedOrgInformationGrp/EIN0581983430
IRS990ScheduleA/SupportedOrgInformationGrp/GoverningDocumentListedInd0true
IRS990ScheduleA/SupportedOrgInformationGrp/OrganizationTypeCd07
IRS990ScheduleA/SupportedOrgInformationGrp/OtherSupportAmt00
IRS990ScheduleA/SupportedOrgInformationGrp/SupportAmt0961427
IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine1Txt0POSITIVE ATMOSHERE REACHES KIDS INC
IRS990ScheduleA/SupportingOrganization509a3Ind0X
IRS990ScheduleA/SupportingOrgType1Ind0X
IRS990ScheduleA/SupportSumAmt0961427
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/ScheduleBRequiredInd0true
IRS990ScheduleD/CYEndwmtFundGrp/BeginningYearBalanceAmt011062156
IRS990ScheduleD/CYEndwmtFundGrp/ContributionsAmt0125347
IRS990ScheduleD/CYEndwmtFundGrp/EndYearBalanceAmt010280347
IRS990ScheduleD/CYEndwmtFundGrp/OtherExpendituresAmt0907156
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/AdministrativeExpensesAmt062800
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/BeginningYearBalanceAmt010291271
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/ContributionsAmt0833685
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/EndYearBalanceAmt011062156
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/BeginningYearBalanceAmt010290771
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/ContributionsAmt0500
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/EndYearBalanceAmt010291271
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/AdministrativeExpensesAmt070000
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/BeginningYearBalanceAmt010355771
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/ContributionsAmt05000
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/EndYearBalanceAmt010290771
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/AdministrativeExpensesAmt020000
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/BeginningYearBalanceAmt010362778
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/ContributionsAmt012993
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/EndYearBalanceAmt010355771
IRS990ScheduleD/EndowmentsHeldRelatedOrgInd0false
IRS990ScheduleD/EndowmentsHeldUnrelatedOrgInd0false
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt039242
IRS990ScheduleD/ExpensesSubtotalAmt01022425
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/InvestmentExpensesNotIncld2Amt039242
IRS990ScheduleD/InvestmentExpensesNotIncldAmt039242
IRS990ScheduleD/NetUnrealizedGainsInvstAmt0465356
IRS990ScheduleD/PrmnntEndowmentBalanceEOYPct01.00000
IRS990ScheduleD/RevenueNotReportedAmt0465356
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt039242
IRS990ScheduleD/RevenueSubtotalAmt02044513
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE INTENDED USE OF THE ENDOWMENT FUND IS FINANCIAL SUPPORT OF POSITIVE ATMOSPHERE REACHES KIDS, INC. (PARK, INC.) AND ITS PROGRAMS AND OPERATIONS.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1IN ACCORDANCE WITH THE ACCOUNTING FOR INCOME TAXES TOPIC OF THE ACCOUNTING STANDARDS CODIFICATION (ASC), THE FOUNDATION WOULD RECOGNIZE, IF ANY, ACCRUED INTEREST AND PENALTIES ASSOCIATED WITH UNCERTAIN TAX POSITIONS AS AN INCOME TAX PROVISION. THE PAST THREE YEARS OF TAX RETURNS, ALONG WITH THE CURRENT TAX RETURN, ARE SUBJECT TO POTENTIAL EXAMINATION BY TAXING AUTHORITIES.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE D, PAGE 2, PART V, LINE 4
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1SCHEDULE D, PAGE 3, PART X
IRS990ScheduleD/TotalExpensesPerForm990Amt01061667
IRS990ScheduleD/TotalRevenuePerForm990Amt02083755
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt02509869
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt01022425
IRS990ScheduleI/GrantRecordsMaintainedInd0true
IRS990ScheduleI/RecipientTable/CashGrantAmt0961427
IRS990ScheduleI/RecipientTable/IRCSectionDesc0501C3
IRS990ScheduleI/RecipientTable/NonCashAssistanceDesc0N/A
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt0FUND HIGH RISK YOUTH
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt0PARK INC
IRS990ScheduleI/RecipientTable/RecipientEIN0581983430
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt06915 GEYER SPRINGS ROAD
IRS990ScheduleI/RecipientTable/USAddress/CityNm0LITTLE ROCK
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd0AR
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd072209
IRS990ScheduleI/RecipientTable/ValuationMethodUsedDesc0FMV
IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt0THE PARK FOUNDATION WAS ESTABLISHED TO FUND THE PROGRAMS OF P.A.R.K., INC. AND DOESN'T FUND ANY OTHER CHARITIES OR HAVE SELECTION CRITERIA BEING USED IN ITS PROCESS OF DISTRIBUTING FUNDS.
IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE I, PAGE 1, PART I, LINE 2
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION WAS ESTABLISHED TO SOLICIT FUNDS AND SUPPORT FOR "POSITIVE ATMOSPHERE REACHES KIDS" (PARK, INC.), A SECTION 501(C)(3) TAX EXEMPT ORGANIZATION. DONATIONS RECEIVED WILL BE CONTRIBUTED TO PARK, INC. AS REQUESTED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE BOARD PRESIDENT ALONG WITH DORA JANE FLESHER, DIRECTOR AND ACCOUNTANT, ARE THE BOARD MEMBERS THAT REVIEW THE RETURN PRIOR TO ITS FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE FOUNDATION MAKES ITS GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART III
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 19
IRS990ScheduleR/AssetExchangeInd0false
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd0false
IRS990ScheduleR/AssetSaleToOtherOrgInd0false
IRS990ScheduleR/DivRelatedOrganizationInd0false
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd0false
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd0true
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd0false
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingEntityName/BusinessNameLine1Txt0NA
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt0PARK INC
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN0581983430
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt0501C3
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd0AR
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt0SUPPORTED
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PublicCharityStatusTxt07
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt06915 GEYER SPRINGS ROAD
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm0LITTLE ROCK

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2020 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$17,060,905
Liabilities
$0
Net assets
$17,060,905
Revenue
$2,083,755
Expenses
$1,061,667
Net income
$1,022,088
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$21.4$0.00$21.4$2.32$1.50$0.82
2023Detailed filing. Detailed filing data is available for this year.$19.5$0.00$19.5$1.91$1.55$0.36
2022Detailed filing. Detailed filing data is available for this year.$18.0$0.00$18.0$2.44$1.67$0.77
2021Detailed filing. Detailed filing data is available for this year.$19.4$0.00$19.4$2.28$1.08$1.20
2020Detailed filing. Detailed filing data is available for this year.$17.1$0.00$17.1$2.08$1.06$1.02
2019Detailed filing. Detailed filing data is available for this year.$15.6$0.00$15.6$1.74$1.29$0.45
2018Detailed filing. Detailed filing data is available for this year.$13.3$0.00$13.3$1.23$1.10$0.13
2017Detailed filing. Detailed filing data is available for this year.$14.3$0.00$14.3$1.21$1.15$0.05
2016Detailed filing. Detailed filing data is available for this year.$13.7$0.00$13.7$1.07$1.34$0.27
2015Detailed filing. Detailed filing data is available for this year.$13.5$0.03$13.5$1.22$1.08$0.14
2014Detailed filing. Detailed filing data is available for this year.$13.6$0.00$13.6$6.41$1.13$5.28
2013Detailed filing. Detailed filing data is available for this year.$8.06$0.00$8.06$1.51$1.06$0.44
2012Summary only. Only limited summary data is available for this year.$7.41$0.00$7.41$1.08$0.93$0.16
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$7.12$0.00$7.12$0.97