Civic Intelligence

River Parks Foundation

990 • Fiscal year 2016 • EIN 73-1386151

Jul 01, 2015 to Jun 30, 2016 • Filed on May 12, 2017

2424 E 21st Street No 300Tulsa, OK 74114

(918) 596-2001

Siviq Scores

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

Liabilities / Assets

62nd percentile

0.21x

Higher debt load relative to assets than 62% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2016

Liabilities / Revenue

73rd percentile

0.38x

Higher debt load relative to revenue than 73% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2016

Net Margin

30th percentile

-4.3%

Higher net margin than 30% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2016

Top Officer Pay

Score unavailable

No value available

This filing does not contain officer compensation rows.

Source year 2016

Asset Growth

79th percentile

16%

Faster asset growth than 79% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2015 to 2016

Revenue Growth

18th percentile

-17%

Faster revenue growth than 18% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2015 to 2016

Assets

Up

$1,669,542

Up $231,141 (+16%) from 2015

Net Assets

Down

$1,323,683

Down $38,929 (-2.9%) from 2015

Liabilities

Up

$345,859

Up $270,070 (+356%) from 2015

Revenue

Down

$903,433

Down $178,604 (-17%) from 2015

Expenses

Up

$942,362

Up $61,107 (+6.9%) from 2015

Net Income

Down

-$38,929

Down $239,711 (-119%) from 2015

Historical Trend

Balance Sheet Trend

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

$8.0M$6.0M$4.0M$2.0M$0Assets 2010: $808,530Liabilities 2010: $0Net Assets 2010: $808,5302010Assets 2011: $1,543,447Liabilities 2011: $156,735Net Assets 2011: $1,386,7122011Assets 2012: $1,754,691Liabilities 2012: $95,724Net Assets 2012: $1,658,9672012Assets 2013: $2,214,664Liabilities 2013: $69,640Net Assets 2013: $2,145,0242013Assets 2014: $1,261,267Liabilities 2014: $99,437Net Assets 2014: $1,161,8302014Assets 2015: $1,438,401Liabilities 2015: $75,789Net Assets 2015: $1,362,6122015Assets 2016: $1,669,542Liabilities 2016: $345,859Net Assets 2016: $1,323,6832016Assets 2017: $1,874,268Liabilities 2017: $80,411Net Assets 2017: $1,793,8572017Assets 2018: $2,110,967Liabilities 2018: $67,821Net Assets 2018: $2,043,1462018Assets 2019: $1,988,716Liabilities 2019: $116,125Net Assets 2019: $1,872,5912019Assets 2020: $2,254,053Liabilities 2020: $100,292Net Assets 2020: $2,153,7612020Assets 2021: $2,408,225Liabilities 2021: $4,346Net Assets 2021: $2,403,8792021Assets 2022: $4,855,459Liabilities 2022: $38,785Net Assets 2022: $4,816,6742022Assets 2023: $4,271,106Liabilities 2023: $0Net Assets 2023: $4,271,1062023Assets 2024: $6,893,931Liabilities 2024: $0Net Assets 2024: $6,893,9312024

Highlighted filing

2016

Assets$1,669,542
Liabilities$345,859
Net Assets$1,323,683

Operations Trend

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

$6.0M$4.0M$2.0M$0-$2.0MExpenses 2010: $3,040,4122010Revenue 2011: $1,081,335Expenses 2011: $503,153Net Income 2011: $578,1822011Expenses 2012: $600,2412012Revenue 2013: $1,103,504Expenses 2013: $617,447Net Income 2013: $486,0572013Revenue 2014: $1,596,340Expenses 2014: $2,579,534Net Income 2014: -$983,1942014Revenue 2015: $1,082,037Expenses 2015: $881,255Net Income 2015: $200,7822015Revenue 2016: $903,433Expenses 2016: $942,362Net Income 2016: -$38,9292016Revenue 2017: $1,280,615Expenses 2017: $810,442Net Income 2017: $470,1732017Revenue 2018: $1,248,727Expenses 2018: $999,438Net Income 2018: $249,2892018Revenue 2019: $704,821Expenses 2019: $875,376Net Income 2019: -$170,5552019Revenue 2020: $987,366Expenses 2020: $706,196Net Income 2020: $281,1702020Revenue 2021: $1,035,655Expenses 2021: $785,038Net Income 2021: $250,6172021Revenue 2022: $3,876,890Expenses 2022: $1,547,752Net Income 2022: $2,329,1382022Revenue 2023: $2,264,538Expenses 2023: $2,957,287Net Income 2023: -$692,7492023Revenue 2024: $4,855,556Expenses 2024: $2,397,809Net Income 2024: $2,457,7472024

Highlighted filing

2016

Revenue$903,433
Expenses$942,362
Net Income-$38,929
Jump To
Filing Snapshot
Filing Period
Jul 1, 2015 to Jun 30, 2016
Signed
May 12, 2017
Return Version
2015v3.0
Gross Receipts
$1,222,294
Mission and Program Overview

Mission

To enhance the quality of life in tulsa through its river parks system by supporting the mission and vision statements of the river parks authority

To enhance the quality of life in tulsa through its river parks system by supporting the mission and vision statements of the river parks authority.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$1,428,086$1,671,943▲ $243,857
Total Assets$1,438,401$1,669,542▲ $231,141
Other Assets Total$10,315$-2,401▼ $12,716
Liabilities
Accounts Payable and Accrued Expenses$10,895$250,962▲ $240,067
Deferred Revenue$64,894$94,897▲ $30,003
Total Liabilities$75,789$345,859▲ $270,070
Net Assets / Fund Balance
Unrestricted Net Assets$1,144,210$914,485▼ $229,725
Temporarily Rstr Net Assets$218,402$409,198▲ $190,796
Total Net Assets Fund Balance$1,362,612$1,323,683▼ $38,929
Total Liabilities and Net Assets / Fund Balance$1,438,401$1,669,542▲ $231,141
Compensation and Service Providers

Employees

NameTitleOtherTotal
Matt MeyerExecutive Director$107,662$107,662

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$734,882
Program Service Revenue
$180,336
Investment Income
$3,734
Other Revenue
$-15,519
All Other Contributions
$530,675
Change in Net Assets
$-38,929
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$774,052
Grants and Similar Amounts Paid$168,310
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$168,310--$168,310
Fees for Services Other-$88,897-$88,897
Occupancy-$70,842-$70,842
All Other Expenses-$35,339-$35,339
Other Expenses$70,111$24,572-$24,572
Fees for Services Accounting-$18,734-$18,734
Travel-$6,988-$6,988
Office Expenses-$5,063-$5,063
Insurance-$3,611-$3,611
Total Functional Expenses$494,455$447,907$0$942,362
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
River Parks AuthorityTulsa, OK501For the Tulsa River Parks System$168,310
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$318,861
Fundraising Gross Income$236,868
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Scotfest$139,411$139,411$155,567$-16,156
Freedomfest$206,826$7,619$146,500$-138,881
Total Events$441,075$236,868$318,861$-81,993
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
Yes
Backup withholding compliance
Yes
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
Yes
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section B, Line 11

An officer of the board of trustees reviews and signs the form 990.

Form 990, Part VI, Section B, Line 12

There is no formal compliance monitoring

Form 990, Part VI, Section C, Line 19

These are available upon request.

Filing and Contact Details

Filer

Filer Name
River Parks Foundation
EIN
73-1386151
Phone
9185962001
Address
2424 E 21ST STREET NO 300, TULSA, OK 74114

Signing Officer

Name
Matt Meyer
Title
Secretary
Phone
9185962001
Signed
2017-05-12
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Matt Meyer
Formed
1991
Legal Domicile
Ok
Voting Board Members
5
Independent Board Members
5
Employees
0
Volunteers
100

Preparer

Firm
STANFIELD O'DELL PC
Address
1350 S BOULDER AVE STE 800, TULSA, OK 74119
Preparer
Daniel P Skerbitz CPA
Phone
9186280500
Supplemental Narrative

Additional Explanations

Form 990, Part XII, Line 2C

The organization has no change in the oversight process or the selection process during the tax year.

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IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContributionsTotAmt0204207
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContriEvent1Amt0199207
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContriOtherEventsAmt05000
IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt0318861
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0FREEDOMFEST
IRS990ScheduleG/FundraisingEventInformationGrp/Event2Nm0SCOTFEST
IRS990ScheduleG/FundraisingEventInformationGrp/FoodAndBeverageEvent1Amt04460
IRS990ScheduleG/FundraisingEventInformationGrp/FoodAndBeverageTotalEventsAmt04460
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt0206826
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent2Amt0139411
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsOtherEventsAmt094838
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt0441075
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt07619
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent2Amt0139411
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueOtherEventsAmt089838
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt0236868
IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt0-81993
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssOtherEventsAmt012334
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssTotalEventsAmt0314401
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent1Amt0146500
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent2Amt0155567
IRS990ScheduleG/FundraisingEventInformationGrp/OtherEventsTotalCnt03
IRS990ScheduleI/GrantRecordsMaintainedInd01
IRS990ScheduleI/RecipientTable/CashGrantAmt0168310
IRS990ScheduleI/RecipientTable/IRCSectionDesc0501
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt0FOR THE TULSA RIVER PARKS SYSTEM
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt0RIVER PARKS AUTHORITY
IRS990ScheduleI/RecipientTable/RecipientEIN0237389201
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt02424 E 21ST ST SUITE 300
IRS990ScheduleI/RecipientTable/USAddress/CityNm0TULSA
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd0OK
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd074114
IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt0PHYSICAL INSPECTION OF PARK FACILITIES AND AUDITED FINANCIAL STATEMENTS OF RIVER PARKS AUTHORITY.
IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc0PART I, LINE 2:
IRS990ScheduleI/Total501c3OrgCnt01
IRS990ScheduleI/TotalOtherOrgCnt00
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0AN OFFICER OF THE BOARD OF TRUSTEES REVIEWS AND SIGNS THE FORM 990.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THERE IS NO FORMAL COMPLIANCE MONITORING
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THESE ARE AVAILABLE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE ORGANIZATION HAS NO CHANGE IN THE OVERSIGHT PROCESS OR THE SELECTION PROCESS DURING THE TAX YEAR.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION B, LINE 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 12
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART XII, LINE 2C
IRS990ScheduleR/AssetExchangeInd00
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd00
IRS990ScheduleR/AssetSaleToOtherOrgInd00
IRS990ScheduleR/DivRelatedOrganizationInd00
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd00
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd01
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt0RIVER PARKS AUTHORITY
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN0237389201
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt0501(C)(3)
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd0OK
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt0DEVELOP, PRESERVE, AND MAINTAIN RIVER PARKS
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PublicCharityStatusTxt0LN6_FEDSTATELOCGOVTS
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt02424 E 21ST ST SUITE 300
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm0TULSA
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd0OK
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd074114
IRS990ScheduleR/LoansOrGuaranteesFromOthOrgInd00
IRS990ScheduleR/LoansOrGuaranteesToOtherOrgInd00
IRS990ScheduleR/PaidEmployeesSharingInd00
IRS990ScheduleR/PerformOfServicesByOtherOrgInd00
IRS990ScheduleR/PerformOfServicesForOthOrgInd00
IRS990ScheduleR/ReceiptOfIntAnntsRntsRyltsInd00
IRS990ScheduleR/ReimbursementPaidByOtherOrgInd00
IRS990ScheduleR/ReimbursementPaidToOtherOrgInd00
IRS990ScheduleR/RentalOfFacilitiesToOthOrgInd00
IRS990ScheduleR/RentalOfFcltsFromOthOrgInd00
IRS990ScheduleR/SharingOfFacilitiesInd00
IRS990ScheduleR/TransactionsRelatedOrgGrp/InvolvedAmt0168310
IRS990ScheduleR/TransactionsRelatedOrgGrp/MethodOfAmountDeterminationTxt0CASH
IRS990ScheduleR/TransactionsRelatedOrgGrp/OtherOrganizationName/BusinessNameLine1Txt0RIVER PARKS AUTHORITY
IRS990ScheduleR/TransactionsRelatedOrgGrp/TransactionTypeTxt0B
IRS990ScheduleR/TransferFromOtherOrgInd00
IRS990ScheduleR/TransferToOtherOrgInd00
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0OK
IRS990/SubjectToProxyTaxInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TemporarilyRstrNetAssetsGrp/BOYAmt0218402
IRS990/TemporarilyRstrNetAssetsGrp/EOYAmt0409198
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt01438401
IRS990/TotalAssetsEOYAmt01669542
IRS990/TotalAssetsGrp/BOYAmt01438401
IRS990/TotalAssetsGrp/EOYAmt01669542
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt0734882
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0447907
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0494455
IRS990/TotalFunctionalExpensesGrp/TotalAmt0942362
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt075789
IRS990/TotalLiabilitiesEOYAmt0345859
IRS990/TotalLiabilitiesGrp/BOYAmt075789
IRS990/TotalLiabilitiesGrp/EOYAmt0345859
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt01362612
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt01323683
IRS990/TotalOtherCompensationAmt07477
IRS990/TotalProgramServiceExpensesAmt0494455
IRS990/TotalProgramServiceRevenueAmt0180336
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt0-11785
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0180336
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0903433
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt0100
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt01438401
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt01669542
IRS990/TotReportableCompRltdOrgAmt0100185
IRS990/TravelGrp/ManagementAndGeneralAmt06988
IRS990/TravelGrp/TotalAmt06988
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UnrestrictedNetAssetsGrp/BOYAmt01144210
IRS990/UnrestrictedNetAssetsGrp/EOYAmt0914485
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt02424 E 21ST STREET NO 300
IRS990/USAddress/CityNm0TULSA

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$6.89$0.00$6.89$4.86$2.40$2.46
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$4.27$0.00$4.27$2.26$2.96$0.69
2022Detailed filing. Detailed filing data is available for this year.$4.86$0.04$4.82$3.88$1.55$2.33
2021Detailed filing. Detailed filing data is available for this year.$2.41$0.00$2.40$1.04$0.79$0.25
2020Detailed filing. Detailed filing data is available for this year.$2.25$0.10$2.15$0.99$0.71$0.28
2019Detailed filing. Detailed filing data is available for this year.$1.99$0.12$1.87$0.70$0.88$0.17
2018Detailed filing. Detailed filing data is available for this year.$2.11$0.07$2.04$1.25$1.00$0.25
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.87$0.08$1.79$1.28$0.81$0.47
2016Detailed filing. Detailed filing data is available for this year.$1.67$0.35$1.32$0.90$0.94$0.04
2015Detailed filing. Detailed filing data is available for this year.$1.44$0.08$1.36$1.08$0.88$0.20
2014Detailed filing. Detailed filing data is available for this year.$1.26$0.10$1.16$1.60$2.58$0.98
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.21$0.07$2.15$1.10$0.62$0.49
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.75$0.10$1.66$0.60
2011Summary only. Only limited summary data is available for this year.$1.54$0.16$1.39$1.08$0.50$0.58
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.81$0.00$0.81$3.04