Park Partners Of Fort Smith Inc
- Assets
- $664.4k
- Revenue
- $194.6k
- Investments
- $0.0
- Employees
- 0
- Location
- Fort Smith, AR
- Founding
- 09/2008
- Data as of
- 12/2021
- EIN
- 26-2283356
Organization Overview
Park Partners Of Fort Smith Inc is located in Fort Smith, AR. The organization was established in 2008. According to its NTEE Classification (S20) the organization is classified as: Community & Neighborhood Development, under the broad grouping of Community Improvement & Capacity Building and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Park Partners Of Fort Smith Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2021, Park Partners Of Fort Smith Inc generated $194.6k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (12.3%) each year. All expenses for the organization totaled $179.6k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
THE PRIMARY MISSION OF THIS CORPORATION IS TO OPERATE AS A SUPPORT FUND AND PROVIDE FUNDRAISING ASSISTANCE FOR THE USE AND BENEFIT OF THE PARKS, GREENWAYS HIKING AND BIKING TRAILS AND PATHS FOR THE CITY OF FORT SMITH, ARKANSAS WHICH INCLUDES THE PARKS DEPT AND OTHER CITY PROJECTS
Describe the Organization's Program Activity:
Part 3 - Line 4a
OTHER PROGRAM EXPENSES - HELPED FUND AND ORGANIZE PROJECTS TO PROVIDE CHRISTMAS LIGHTS AT CREEKMORE PARK, BENCH AT THE SOCCER FIELDS AT BEN GEREN PARK AND IMPROVEMENTS TO THE GENERAL DARBY STATUE AT CISTERNA PARK.
KEEP FORT SMITH BEAUTIFUL - HELPED FUND AND ORGANIZE CLEAN UP PROJECTS AND IN BEAUTIFYING AND LANDSCAPING INTERCHANGE GREEN SPACES IN THE CITY, PARTICULARLY PLANTING TREES ON THE RIVERFRONT TRAIL.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Paula Linder Secretary | OfficerTrustee | 1 | $0 |
Drew Linder Treasurer | OfficerTrustee | 1 | $0 |
Megan Raynor Treasurer | OfficerTrustee | 1 | $0 |
William M Smets President | OfficerTrustee | 1 | $0 |
Michael Mings Board Member | Trustee | 1 | $0 |
Nancy Raney Board Member | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $194,546 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $194,546 |
| Total Program Service Revenue | $0 |
| Investment income | $10 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $194,556 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $1,000 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $14,858 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $173 |
| Advertising and promotion | $0 |
| Office expenses | $134 |
| Information technology | $48 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $179,585 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $664,372 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $664,372 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
| Net assets without donor restrictions | $12,200 |
| Net assets with donor restrictions | $652,172 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $664,372 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Park Partners Of Fort Smith Inc has recieved totaling $73,532.
| Awarding Organization | Amount |
|---|---|
Arkansas Community Foundation Inc Little Rock, AR PURPOSE: MAINTENANCE OF ROSS PENDERGRAFT PARK, FORT SMITH | $50,000 |
Arkansas Community Foundation Inc Little Rock, AR PURPOSE: MAINTENANCE OF ROSS PENDERGRAFT PARK, FORT SMITH | $23,532 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Avance Inc San Antonio, TX | $11,319,048 | $60,395,226 |
Operation Homefront Inc San Antonio, TX | $30,804,944 | $40,861,039 |
Three Rivers Planning & Development District Pontotoc, MS | $48,398,868 | $43,682,575 |
Gulf Coast Community Services Assn Inc Houston, TX | $4,457,612 | $33,824,576 |
Christian Community Development Corporation Inc Memphis, TN | $275,024,548 | $28,566,509 |
Hill Country Community Action Association Inc San Saba, TX | $4,864,839 | $26,700,596 |
Crawford Sebastian Community Development Council Inc Fort Smith, AR | $10,081,488 | $25,336,007 |
Hope Enterprise Corporation Jackson, MS | $150,349,143 | $24,959,106 |
Delta Area Economic Opportunity Corporation Portageville, MO | $22,832,856 | $23,706,654 |
Upper East Tennessee Human Development Agency Kingsport, TN | $7,143,102 | $23,146,809 |
Northwest Tennessee Economic Development Council Dresden, TN | $2,980,191 | $21,895,121 |
St Martin Iberia Lafayette Parishes Community Action Agency Lafayette, LA | $1,628,921 | $19,226,376 |