Liabilities / Assets
33rd percentile
Tied with the lowest-debt nonprofits in its peer group.
EIN 59-2765584 • 501(c)3 • Jacksonville, FL
Profile
The memorial park association, inc. Is a 501(c)(3) florida non-profit entity dedicated to the protection and preservation of memorial park in jacksonville, florida.
Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.
Liabilities / Assets
33rd percentile
Tied with the lowest-debt nonprofits in its peer group.
Liabilities / Revenue
34th percentile
Tied with the lowest-debt nonprofits in its peer group.
Net Margin
3rd percentile
Higher net margin than 3% of similar nonprofits.
Top Officer Pay
Score unavailable
No filing with officer rows is available for this organization yet.
Asset Growth
16th percentile
Faster asset growth than 16% of similar nonprofits.
Revenue Growth
14th percentile
Faster revenue growth than 14% of similar nonprofits.
Assets
Down$695,655
Down $240,790 (-26%) from 2023
Liabilities
Flat$0
Flat from 2023
Net Assets
Down$695,655
Down $240,790 (-26%) from 2023
Revenue
Up$142,955
Up $11,280 (+8.6%) from 2023
Expenses
Up$383,745
Up $235,671 (+159%) from 2023
Net Income
Down-$240,790
Down $224,391 (-1368%) from 2023
Most recent year
2024 • Form 990Facts available. Structured filing facts are available, but richer extracted sections are limited.
Restoration of public park
Our mission is to preserve, enhance and promote memorial park as the premier historic city park in jacksonville.
| Line | Beginning | End | Change |
|---|---|---|---|
| Assets | |||
| Rtn Earn Endowment Incm Other Fnds | $936,445 | $695,655 | ▼ $240,790 |
| Savings and Temporary Cash Investments | $555,159 | $446,036 | ▼ $109,123 |
| Cash and Non-Interest-Bearing Accounts | $324,458 | $185,330 | ▼ $139,128 |
| Investments in Publicly Traded Securities | $56,828 | $64,289 | ▲ $7,461 |
| Total Assets | $936,445 | $695,655 | ▼ $240,790 |
| Liabilities | |||
| Total Liabilities | $0 | $0 | → $0 |
| Net Assets / Fund Balance | |||
| Total Net Assets Fund Balance | $936,445 | $695,655 | ▼ $240,790 |
| Total Liabilities and Net Assets / Fund Balance | $936,445 | $695,655 | ▼ $240,790 |
| Name | Title |
|---|---|
| Patrick Emmet | President |
| Chandler Jolly | Director |
| Chasity Bell | Director |
| Cheryl Paganucci | Director |
| David Wingard | Director |
| Joan W Newton | Director |
| John Germany | Director |
| Katie Quackenbush | Director |
| Matt Bickett | Director |
| Percy Rosenbloom Iii | Director |
| Timothy Tyler | Director |
| W Robinson Frazier Iii | Director |
| William Shannon | Director |
| Sunny Gettinger | Exec Vice Pr |
| Brooks Dame | Secretery |
| Ann Mackey | Treasurer |
| Kelly Wood | Vice Preside |
| Line Item | Amount |
|---|---|
| Other Expenses | $383,745 |
| Grants and Similar Amounts Paid | $0 |
| Professional Fundraising Fees | $0 |
| Salaries, Compensation, and Employee Benefits | $0 |
| Total Fundraising Expense | $0 |
| Line Item | Program | Management | Fundraising | Total |
|---|---|---|---|---|
| Advertising | $27,899 | - | - | $27,899 |
| Office Expenses | $5,455 | - | - | $5,455 |
| Information Technology | - | $3,970 | - | $3,970 |
| Other Expenses | $2,537 | - | - | $2,537 |
| Insurance | - | $2,300 | - | $2,300 |
| All Other Expenses | - | $242 | - | $242 |
| Total Functional Expenses | $377,233 | $6,512 | $0 | $383,745 |
| Line Item | Amount |
|---|---|
| Fundraising Gross Income | $52,375 |
| Fundraising Direct Expenses | $28,315 |
| Professional Fundraising Fees | $0 |
| Event | Gross Receipts | Gross Revenue | Direct Expenses | Net Income |
|---|---|---|---|---|
| Centennial | $54,375 | $52,375 | $8,920 | $43,455 |
| Total Events | $54,375 | $52,375 | $28,315 | $24,060 |
“After the 990 form is reviewed by the treasurer, the full form 990 return is provided to the board of directors for review and comment. The board of directors is also afforded the opportunity to ask questions with respect to the form 990 before the return is filed.”
“Each year, board members sign a statement stating that they are aware of the conflict of interest policy, that they understand it and that all relevant transactions and relationships, if any, have been fully disclosed. In addition, the board is reminded of the conflict of interest policy when a motion or issue is raised that contains possible conflicts. Any specific board member involved is advised about the policy and that he or she will need to abstain from discussion and voting.”
“The organization makes its governing documents including the articles of incorporation and bylwas, conflict of interest policy, and financial statements available to the public upon request.”
“Memorial park association, inc. Is a 501(c)(3) florida nonprofit entity dedicated to the protection and preservation of memorial park in jacksonville, florida. The association was created in 1986 by a group of park enthusiasts and local philanthropists concerned with memorial park's persistent state of decline and disrepair, just a year after memorial park was included on the national register of historic places as part of the riverside (now riverside-avondale) national historic district. Memorial park is located at 1620 riverside avenue near the 5 points area of jacksonville, florida and is one of jacksonville's best loved treasures. Located along the banks of the majestic st. Johns river, this six-acre park draws visitors from across the northeast florida community. Soon after its formation, the association entered an adopt-a-park agreement with the city of jacksonville, which enables it to perform various operations and mainenance functions, including necessary physical improvements, consistent with the historical character of the park and concurrent with the city's obligation to maintain memorial park for the greater public good. In 1988, the association commissioned its first restoration plans for the park. In 1992, a project to restore the iconic memorial sculpture spiritualized life was initiated, the first since the sculpture's installation in 1924. Other restorations followed in 2004 and 2019. Since then, the association facilitated and funded numerous projects to further preserve and protect the park, including the installation of ornamental metal fencing around the perimeter, upgrades to the irrigation and lighting systems, the planting of oaks and other native vegetation, the renovation of the entrance piers, plaza, balustrades, and fountain basin, cleanup of the extensive damage caused by hurricane irma in 2017, and the dedication of marble benches to honor important friends of memorial park. Of particular note is the 2010 installation of two large scale bronze eagles created by artist diane lafond insetta to replace the original concrete eagles that had been damaged and destroyed. Typically, the association also organizes and hosts numerous speakers, musical events, and community activities in the park. After a pause because of covid 19, these activities have resumed.”
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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|---|---|---|
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| IRS990/ActivitiesConductedPrtshpInd | 0 | false |
| IRS990/ActivityOrMissionDesc | 0 | OUR MISSION IS TO PRESERVE, ENHANCE AND PROMOTE MEMORIAL PARK AS THE PREMIER HISTORIC CITY PARK IN JACKSONVILLE. |
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| IRS990/AllOtherExpensesGrp/TotalAmt | 0 | 242 |
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| IRS990/Desc | 0 | MEMORIAL PARK ASSOCIATION, INC. IS A 501(C)(3) FLORIDA NONPROFIT ENTITY DEDICATED TO THE PROTECTION AND PRESERVATION OF MEMORIAL PARK IN JACKSONVILLE, FLORIDA. THE ASSOCIATION WAS CREATED IN 1986 BY A GROUP OF PARK ENTHUSIASTS AND LOCAL PHILANTHROPISTS CONCERNED WITH MEMORIAL PARK'S PERSISTENT STATE OF DECLINE AND DISREPAIR, JUST A YEAR AFTER MEMORIAL PARK WAS INCLUDED ON THE NATIONAL REGISTER OF HISTORIC PLACES AS PART OF THE RIVERSIDE (NOW RIVERSIDE-AVONDALE) NATIONAL HISTORIC DISTRICT. MEMORIAL PARK IS LOCATED AT 1620 RIVERSIDE AVENUE NEAR THE 5 POINTS AREA OF JACKSONVILLE, FLORIDA AND IS ONE OF JACKSONVILLE'S BEST LOVED TREASURES. LOCATED ALONG THE BANKS OF THE MAJESTIC ST. JOHNS RIVER, THIS SIX-ACRE PARK DRAWS VISITORS FROM ACROSS THE NORTHEAST FLORIDA COMMUNITY. SOON AFTER ITS FORMATION, THE ASSOCIATION ENTERED AN ADOPT-A-PARK AGREEMENT WITH THE CITY OF JACKSONVILLE, WHICH ENABLES IT TO PERFORM VARIOUS OPERATIONS AND MAINENANCE FUNCTIONS, INCLUDING NECESSARY PHYSICAL IMPROVEMENTS, CONSISTENT WITH THE HISTORICAL CHARACTER OF THE PARK AND CONCURRENT WITH THE CITY'S OBLIGATION TO MAINTAIN MEMORIAL PARK FOR THE GREATER PUBLIC GOOD. IN 1988, THE ASSOCIATION COMMISSIONED ITS FIRST RESTORATION PLANS FOR THE PARK. IN 1992, A PROJECT TO RESTORE THE ICONIC MEMORIAL SCULPTURE SPIRITUALIZED LIFE WAS INITIATED, THE FIRST SINCE THE SCULPTURE'S INSTALLATION IN 1924. OTHER RESTORATIONS FOLLOWED IN 2004 AND 2019. SINCE THEN, THE ASSOCIATION FACILITATED AND FUNDED NUMEROUS PROJECTS TO FURTHER PRESERVE AND PROTECT THE PARK, INCLUDING THE INSTALLATION OF ORNAMENTAL METAL FENCING AROUND THE PERIMETER, UPGRADES TO THE IRRIGATION AND LIGHTING SYSTEMS, THE PLANTING OF OAKS AND OTHER NATIVE VEGETATION, THE RENOVATION OF THE ENTRANCE PIERS, PLAZA, BALUSTRADES, AND FOUNTAIN BASIN, CLEANUP OF THE EXTENSIVE DAMAGE CAUSED BY HURRICANE IRMA IN 2017, AND THE DEDICATION OF MARBLE BENCHES TO HONOR IMPORTANT FRIENDS OF MEMORIAL PARK. OF PARTICULAR NOTE IS THE 2010 INSTALLATION OF TWO LARGE SCALE BRONZE EAGLES CREATED BY ARTIST DIANE LAFOND INSETTA TO REPLACE THE ORIGINAL CONCRETE EAGLES THAT HAD BEEN DAMAGED AND DESTROYED. TYPICALLY, THE ASSOCIATION ALSO ORGANIZES AND HOSTS NUMEROUS SPEAKERS, MUSICAL EVENTS, AND COMMUNITY ACTIVITIES IN THE PARK. AFTER A PAUSE BECAUSE OF COVID 19, THESE ACTIVITIES HAVE RESUMED. |
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| IRS990/MissionDesc | 0 | THE MEMORIAL PARK ASSOCIATION, INC. IS A 501(C)(3) FLORIDA NON-PROFIT ENTITY DEDICATED TO THE PROTECTION AND PRESERVATION OF MEMORIAL PARK IN JACKSONVILLE, FLORIDA. |
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| IRS990/OtherExpensesGrp/Desc | 1 | PLANT RESTORE RENOVATE |
| IRS990/OtherExpensesGrp/Desc | 2 | OTHER EXPENSES |
| IRS990/OtherExpensesGrp/Desc | 3 | PARK EVENTS |
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| IRS990/PrincipalOfficerNm | 0 | PATRICK EMMET |
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| IRS990/ProgSrvcAccomActy2Grp/Desc | 0 | IN 2012, MEMORIAL PARK ASSOCIATION INITIATED MAJOR PLANNING EFFORTS TO RESTORE AND REHABILITATE MEMORIAL PARK TO ITS ORIGINAL GRANDEUR. WITH THE AID OF ATLANTA-BASED LANDSCAPE ARCHITECT DAVID SACKS (RLA), THE ASSOCIATION DEVELOPED A MASTER PLAN AND CORRESPONDING 1.5 MILLION FUNDRAISING CAMPAIGN TO USE THE FOUNDATION FOR THIS RESTORATION PROJECT. MR. SACKS UNDERTOOK PAINSTAKING RESEARCH INTO THE HISTORY AND SIGNIFICANCE OF THE PARK, SKETCHES AND PLANS OF HARDSCAPE AND PLANTIGS, AND CORRESPONDENCE BETWEEN NINAH CUMMER AND THE OLMSTEAD BROTHERS. TO DATE, THE ASSOCIATION HAS INVESTED OVER 936,000 IN THE REHABILITATION OF PLANTED BEDS AND RESTORATION OF ARCHITECTURAL FEATURES IN THE PARK. |
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| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | MEMORIAL PARK ASSOCIATION, INC. IS A 501(C)(3) FLORIDA NONPROFIT ENTITY DEDICATED TO THE PROTECTION AND PRESERVATION OF MEMORIAL PARK IN JACKSONVILLE, FLORIDA. THE ASSOCIATION WAS CREATED IN 1986 BY A GROUP OF PARK ENTHUSIASTS AND LOCAL PHILANTHROPISTS CONCERNED WITH MEMORIAL PARK'S PERSISTENT STATE OF DECLINE AND DISREPAIR, JUST A YEAR AFTER MEMORIAL PARK WAS INCLUDED ON THE NATIONAL REGISTER OF HISTORIC PLACES AS PART OF THE RIVERSIDE (NOW RIVERSIDE-AVONDALE) NATIONAL HISTORIC DISTRICT. MEMORIAL PARK IS LOCATED AT 1620 RIVERSIDE AVENUE NEAR THE 5 POINTS AREA OF JACKSONVILLE, FLORIDA AND IS ONE OF JACKSONVILLE'S BEST LOVED TREASURES. LOCATED ALONG THE BANKS OF THE MAJESTIC ST. JOHNS RIVER, THIS SIX-ACRE PARK DRAWS VISITORS FROM ACROSS THE NORTHEAST FLORIDA COMMUNITY. SOON AFTER ITS FORMATION, THE ASSOCIATION ENTERED AN ADOPT-A-PARK AGREEMENT WITH THE CITY OF JACKSONVILLE, WHICH ENABLES IT TO PERFORM VARIOUS OPERATIONS AND MAINENANCE FUNCTIONS, INCLUDING NECESSARY PHYSICAL IMPROVEMENTS, CONSISTENT WITH THE HISTORICAL CHARACTER OF THE PARK AND CONCURRENT WITH THE CITY'S OBLIGATION TO MAINTAIN MEMORIAL PARK FOR THE GREATER PUBLIC GOOD. IN 1988, THE ASSOCIATION COMMISSIONED ITS FIRST RESTORATION PLANS FOR THE PARK. IN 1992, A PROJECT TO RESTORE THE ICONIC MEMORIAL SCULPTURE SPIRITUALIZED LIFE WAS INITIATED, THE FIRST SINCE THE SCULPTURE'S INSTALLATION IN 1924. OTHER RESTORATIONS FOLLOWED IN 2004 AND 2019. SINCE THEN, THE ASSOCIATION FACILITATED AND FUNDED NUMEROUS PROJECTS TO FURTHER PRESERVE AND PROTECT THE PARK, INCLUDING THE INSTALLATION OF ORNAMENTAL METAL FENCING AROUND THE PERIMETER, UPGRADES TO THE IRRIGATION AND LIGHTING SYSTEMS, THE PLANTING OF OAKS AND OTHER NATIVE VEGETATION, THE RENOVATION OF THE ENTRANCE PIERS, PLAZA, BALUSTRADES, AND FOUNTAIN BASIN, CLEANUP OF THE EXTENSIVE DAMAGE CAUSED BY HURRICANE IRMA IN 2017, AND THE DEDICATION OF MARBLE BENCHES TO HONOR IMPORTANT FRIENDS OF MEMORIAL PARK. OF PARTICULAR NOTE IS THE 2010 INSTALLATION OF TWO LARGE SCALE BRONZE EAGLES CREATED BY ARTIST DIANE LAFOND INSETTA TO REPLACE THE ORIGINAL CONCRETE EAGLES THAT HAD BEEN DAMAGED AND DESTROYED. TYPICALLY, THE ASSOCIATION ALSO ORGANIZES AND HOSTS NUMEROUS SPEAKERS, MUSICAL EVENTS, AND COMMUNITY ACTIVITIES IN THE PARK. AFTER A PAUSE BECAUSE OF COVID 19, THESE ACTIVITIES HAVE RESUMED. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | AFTER THE 990 FORM IS REVIEWED BY THE TREASURER, THE FULL FORM 990 RETURN IS PROVIDED TO THE BOARD OF DIRECTORS FOR REVIEW AND COMMENT. THE BOARD OF DIRECTORS IS ALSO AFFORDED THE OPPORTUNITY TO ASK QUESTIONS WITH RESPECT TO THE FORM 990 BEFORE THE RETURN IS FILED. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | EACH YEAR, BOARD MEMBERS SIGN A STATEMENT STATING THAT THEY ARE AWARE OF THE CONFLICT OF INTEREST POLICY, THAT THEY UNDERSTAND IT AND THAT ALL RELEVANT TRANSACTIONS AND RELATIONSHIPS, IF ANY, HAVE BEEN FULLY DISCLOSED. IN ADDITION, THE BOARD IS REMINDED OF THE CONFLICT OF INTEREST POLICY WHEN A MOTION OR ISSUE IS RAISED THAT CONTAINS POSSIBLE CONFLICTS. ANY SPECIFIC BOARD MEMBER INVOLVED IS ADVISED ABOUT THE POLICY AND THAT HE OR SHE WILL NEED TO ABSTAIN FROM DISCUSSION AND VOTING. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS INCLUDING THE ARTICLES OF INCORPORATION AND BYLWAS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | FORM 990, PAGE 2, PART III, LINE 4A |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | FORM 990, PAGE 6, PART VI, LINE 11B |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | FORM 990, PAGE 6, PART VI, LINE 12C |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 3 | FORM 990, PAGE 6, PART VI, LINE 19 |
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