Portage Park District Foundation is located in Ravenna, OH. The organization was established in 2011. According to its NTEE Classification (N11) the organization is classified as: Single Organization Support, under the broad grouping of Recreation & Sports and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Portage Park District Foundation 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 12/2022, Portage Park District Foundation generated $134.3k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 13.4% each year . All expenses for the organization totaled $61.5k during the year ending 12/2022. While expenses have increased by 3.9% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3
THE PORTAGE PARK DISTRICT FOUNDATION IS ORGANIZED TO PROVIDE FINANCIAL SUPPORT TO THE PORTAGE PARK DISTRICT AS IT SEEKS TO FULFILL IT MISSION WITHIN PORTAGE COUNTY.
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Beth Buchanan President | 8 | $0 | |
David Dix Member | 2 | $0 | |
Bill Graham Treasurer | 8 | $0 | |
Sally Kandel Member | 8 | $0 | |
Kristi Kato Member | 4 | $0 | |
Erin Madonio Latina Vice President | 4 | $0 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $61,312 |
| Total Program Service Revenue | $6,796 |
| Membership dues | $0 |
| Investment income | $13,806 |
| Gain or Loss | $13,308 |
| Net Income from Gaming & Fundraising | $37,171 |
| Other Revenue | $0 |
| Total Revenue | $134,283 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $391 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $452 |
| Other expenses | $14,600 |
| Total expenses | $61,460 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $29,902 |
| Other assets | $0 |
| Total assets | $360,180 |
| Total liabilities | $0 |
| Net assets or fund balances | $360,180 |