Hancock Parks Foundation
- Assets
- $737.9k
- Revenue
- $332.9k
- Investments
- $0.0
- Employees
- 0
- Location
- Findlay, OH
- Founding
- 09/1989
- Data as of
- 12/2021
- EIN
- 34-1621283
Organization Overview
Hancock Parks Foundation is located in Findlay, OH. The organization was established in 1989. According to its NTEE Classification (N30) the organization is classified as: Physical Fitness & Community Recreational Facilities, 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. Hancock Parks 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 12/2021, Hancock Parks Foundation generated $332.9k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 56.4% each year . All expenses for the organization totaled $53.6k during the year ending 12/2021. While expenses have increased by 11.4% 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
BENEFIT THE HANCOCK PARK DISTRICT AND OTHER QUALIFIED ORGANIZATIONS WHICH OWN, OPERATE OR MANAGE PARKS AND OTHER RECREATIONAL FACILITIES IN HANCOCK COUNTY, OHIO.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDE SUPPLEMENTAL MATERIALS AND FUNDING FOR MAINTENANCE AND AESTHETIC ENHANCEMENT OF THE PARKS. BENEFITS PROVIDED INCLUDE, BUT ARE NOT LIMITED TO, TREE PLANTING, PARK BENCHES, TRAIL MAINTENANCE, RIVERSIDE CONCERT SERIES AND RECREATIONAL EQUIPMENT FOR PUBLIC USE AND ENJOYMENT WITHIN THE PARK.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Cameron Williams Vice Preside | OfficerTrustee | 0.25 | $0 |
Richard Kidwell President | OfficerTrustee | 0.25 | $0 |
Linda Casey Treasurer | OfficerTrustee | 0.25 | $0 |
Carol Jastal Secretary | OfficerTrustee | 0.25 | $0 |
Mike Brown Trustee | Trustee | 0.25 | $0 |
Shane Myers Trustee | Trustee | 0.25 | $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 | $315,637 |
| Noncash contributions included in lines 1a–1f | $7,560 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $315,637 |
| Total Program Service Revenue | $0 |
| Investment income | $16,893 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $406 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $332,936 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $1,987 |
| 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 | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $4,507 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $65 |
| Information technology | $0 |
| 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 | $6,540 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $7,609 |
| Total functional expenses | $53,555 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $119,660 |
| Savings and temporary cash investments | $11,056 |
| 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 | $10,000 |
| Investments—publicly traded securities | $597,143 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $737,859 |
| 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 | $0 |
| Net assets with donor restrictions | $0 |
| 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 | $737,859 |
| Total liabilities and net assets/fund balances | $737,859 |
Grants Recieved
Over the last fiscal year, we have identified 3 grants that Hancock Parks Foundation has recieved totaling $8,336.
| Awarding Organization | Amount |
|---|---|
The Findlay-Hancock County Community Foundation Findlay, OH PURPOSE: SUPPORT | $8,822 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $14 |
Cooper Tire Foundation Inc Akron, OH PURPOSE: REFUND OF DONATION | -$500 |
Endowment Analysis
| Earnings | $6,908 |
| Admin Expense | $1,335 |
| Net Contributions | $274,385 |
| Ending Balance | $279,958 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
National Institute For Fitness And Sport Inc Indianapolis, IN | $3,388,339 | $6,121,753 |
Oglebay Foundation Inc Wheeling, WV | $18,691,463 | $4,251,520 |
Xavier University Student Health And Wellness Center Corporation Cincinnati, OH | $53,300,467 | $0 |
George Young Recreational Complex Iron River, MI | $99,714 | $1,357,236 |
World Baseball Academy Inc Fort Wayne, IN | $7,537,804 | $1,941,151 |
Michigan Recreation And Park Association Lansing, MI | $320,519 | $1,715,887 |
Cardinal Greenway Inc Muncie, IN | $15,294,218 | $884,519 |
Pennsylvania Recreation And Park Society State College, PA | $2,424,947 | $1,608,707 |
Reading Recreation Commission Reading, PA | $1,028,310 | $1,418,175 |
Evansville-Vanderburgh County Convention And Visitors Comm Sport Evansville, IN | $2,161,496 | $1,055,780 |
S N P J Recreation Center Enon Valley, PA | $64,579 | $925,919 |
Richland Carrousel Park Inc Mansfield, OH | $710,607 | $1,060,623 |