Civic Intelligence

Parks Foundation of Monterey County

EIN 77-0018160 • 501(c)3 • Salinas, CA

Profile

Promote and encourage public awareness of the unique recreational resources, programs and facilities available to the community through the Monterey County Parks system. It does so in a manner that enhances the Department's ability to provide varied recreational programs and park facilities through interpretation, acquisition, development, maintenance and operational assistance.

115 Manzanita WaySalinas, CA 93908

n/A

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

Score unavailable

No value available

Liabilities-to-assets requires both liabilities and assets on the latest valid filing.

Source year 2024

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on the latest valid filing.

Source year 2024

Net Margin

Score unavailable

No value available

Net margin requires both revenue and expenses on the latest valid filing.

Source year 2024

Top Officer Pay

81st percentile

$0

Higher top officer pay than 81% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2024

Asset Growth

10th percentile

-100%

Faster asset growth than 10% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2023 to 2024

Revenue Growth

Score unavailable

No value available

A valid growth rate could not be computed from the available filing history.

Annualized from 2023 to 2024

Balance Sheet
Liabilities / AssetsScore unavailable

Assets

Down

$0

Down $644,741 (-100%) from 2023

Liabilities

-

No earlier filing loaded for comparison.

Net Assets

Down

$0

Down $644,741 (-100%) from 2023

Operations
Liabilities / RevenueScore unavailableNet MarginScore unavailable

Revenue

Flat

$0

Flat from 2023

Expenses

Up

$644,741

Up $644,741 from 2023

Net Income

Down

-$644,741

Down $644,741 from 2023

Trend Graphs

Balance Sheet Trend

Asset Growth10th percentile

Grouped bars show assets, liabilities, and net assets across loaded filings.

$800K$600K$400K$200K$0Assets 2011: $528,483Liabilities 2011: $27,373Net Assets 2011: $501,1102011Assets 2012: $527,681Liabilities 2012: $40,716Net Assets 2012: $486,9652012Assets 2013: $575,255Liabilities 2013: $55,944Net Assets 2013: $519,3112013Assets 2014: $567,434Liabilities 2014: $28,595Net Assets 2014: $538,8392014Assets 2015: $586,428Liabilities 2015: $42,306Net Assets 2015: $544,1222015Assets 2016: $593,929Liabilities 2016: $48,467Net Assets 2016: $545,4622016Assets 2017: $543,480Liabilities 2017: $20,371Net Assets 2017: $523,1092017Assets 2018: $612,218Liabilities 2018: $20,022Net Assets 2018: $592,1962018Assets 2019: $682,557Liabilities 2019: $20,000Net Assets 2019: $662,5572019Assets 2020: $672,099Liabilities 2020: $20,000Net Assets 2020: $652,0992020Assets 2021: $644,403Liabilities 2021: $0Net Assets 2021: $644,4032021Assets 2022: $644,741Liabilities 2022: $0Net Assets 2022: $644,7412022Assets 2023: $644,741Liabilities 2023: $0Net Assets 2023: $644,7412023Assets 2024: $0Net Assets 2024: $02024

Highlighted filing

2024

Assets$0
Liabilities-
Net Assets$0
Open 2024 Filing

Operations Trend

Revenue GrowthScore unavailable

Revenue, expenses, and net income by year, with the latest filing highlighted.

$1.0M$500K$0-$500K-$1.0MRevenue 2011: $82,782Expenses 2011: $78,585Net Income 2011: $4,1972011Expenses 2012: $86,7242012Expenses 2013: $70,2582013Revenue 2014: $96,586Expenses 2014: $77,058Net Income 2014: $19,5282014Revenue 2015: $64,383Expenses 2015: $59,100Net Income 2015: $5,2832015Revenue 2016: $58,192Expenses 2016: $56,852Net Income 2016: $1,3402016Revenue 2017: $13,915Expenses 2017: $36,268Net Income 2017: -$22,3532017Revenue 2018: $76,234Expenses 2018: $7,147Net Income 2018: $69,0872018Revenue 2019: $87,462Expenses 2019: $17,101Net Income 2019: $70,3612019Revenue 2020: $965Expenses 2020: $11,423Net Income 2020: -$10,4582020Revenue 2021: $2,994Expenses 2021: $10,690Net Income 2021: -$7,6962021Revenue 2022: $363Expenses 2022: $25Net Income 2022: $3382022Revenue 2023: $0Expenses 2023: $0Net Income 2023: $02023Revenue 2024: $0Expenses 2024: $644,741Net Income 2024: -$644,7412024

Highlighted filing

2024

Revenue$0
Expenses$644,741
Net Income-$644,741
Open 2024 Filing

Filings

Most recent year

2024 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$0
Liabilities
-
Net assets
$0
Revenue
$0
Expenses
$644,741
Net income
-$644,741
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$0.00$0.00$0.00$6.45$6.45
2023Detailed filing. Detailed filing data is available for this year.$6.45$0.00$6.45$0.00$0.00$0.00
2022Detailed filing. Detailed filing data is available for this year.$6.45$0.00$6.45$0.00$0.00$0.00
2021Detailed filing. Detailed filing data is available for this year.$6.44$0.00$6.44$0.03$0.11$0.08
2020Detailed filing. Detailed filing data is available for this year.$6.72$0.20$6.52$0.01$0.11$0.10
2019Detailed filing. Detailed filing data is available for this year.$6.83$0.20$6.63$0.87$0.17$0.70
2018Detailed filing. Detailed filing data is available for this year.$6.12$0.20$5.92$0.76$0.07$0.69
2017Detailed filing. Detailed filing data is available for this year.$5.43$0.20$5.23$0.14$0.36$0.22
2016Detailed filing. Detailed filing data is available for this year.$5.94$0.48$5.45$0.58$0.57$0.01
2015Detailed filing. Detailed filing data is available for this year.$5.86$0.42$5.44$0.64$0.59$0.05
2014Summary only. Only limited summary data is available for this year.$5.67$0.29$5.39$0.97$0.77$0.20
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$5.75$0.56$5.19$0.70
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$5.28$0.41$4.87$0.87
2011Summary only. Only limited summary data is available for this year.$5.28$0.27$5.01$0.83$0.79$0.04
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jul 1, 2023 to Jun 30, 2024
Signed
Jul 30, 2024
Return Version
2023v5.1
Mission and Program Overview

Mission

Promote and encourage public awareness of the unique recreational resources, programs and facilities available to the community through the Monterey County Parks system. It does so in a manner that enhances the Department's ability to provide varied recreational programs and park facilities through interpretation, acquisition, development, maintenance and operational assistance.

Program Services

DescriptionGrantsExpenses
The Parks Foundation of Monterey County is dedicated to enriching cultural, environmental and recreational programs in Monterey County Parks. The Parks Foundation has helped refurbish the Avenue of Honor at San Lorenzo Park. This is a memorial to all the fallen military in Monterey County. During the year, the Foundation dissolved and donated remaining assets to the County of Monterey and the Laguna Seca Raceway Foundation.$623,351$623,351
Compensation and Service Providers
Top Officer Pay81st percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Al MulhollandPresident-$0--
Buzz ColeDirector-$0--
George CovellSecretary/Treas-$0--
Filing and Contact Details

Filer

Filer Name
Parks Foundation Of Monterey County
EIN
77-0018160
Phone
8317554908
Address
115 Manzanita Way, Salinas, CA 93908

Signing Officer

Name
Al Mulholland
Title
President
Signed
2024-07-30
Discuss with paid preparer
Yes

Preparer

Firm
McGilloway Ray Brown & Kaufman
Address
2511 Garden Road Suite A-180, Monterey, CA 93940
Preparer
Patricia M Kaufman CPA
Phone
8313733337
Supplemental Narrative

Additional Explanations

Grants and Similar Amounts Paid In Excess of $5,000.6

“| Donee's Name: COUNTY OF MONTEREY | Donee's Address: PO BOX 5279 SALINAS CA 93915 | Relationship of Donee: Affiliate | Cash Amount Given: $140000”

Grants and Similar Amounts Paid In Excess of $5,000.7

“| Donee's Name: Laguna Seca Raceway Foundatio | Donee's Address: PO BOX 2538 Monterey CA 93942 | Cash Amount Given: $483351”

Raw XML Appendix156 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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IRS990ScheduleN/AssetsDistributedInd0true
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IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/FairMarketValueOfAssetAmt1483351
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0| Donee's Name: COUNTY OF MONTEREY | Donee's Address: PO BOX 5279 SALINAS CA 93915 | Relationship of Donee: Affiliate | Cash Amount Given: $140000
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IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Grants and Similar Amounts Paid In Excess of $5,000.6
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ReturnHeader/BuildTS02024-08-08 14:25:15Z
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ReturnHeader/BusinessOfficerGrp/SignatureDt02024-07-30
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ReturnHeader/Filer/BusinessNameControlTxt0PARK
ReturnHeader/Filer/EIN0770018160
ReturnHeader/Filer/PhoneNum08317554908
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ReturnHeader/Filer/USAddress/CityNm0Salinas
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ReturnHeader/ReturnTs02024-07-30T16:26:52-07:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02023-07-01
ReturnHeader/TaxPeriodEndDt02024-06-30
ReturnHeader/TaxYr02023

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