Forest Park Foundation

Organization Overview

Forest Park Foundation is located in Crystal Falls, MI. The organization was established in 2017. According to its NTEE Classification (B12) the organization is classified as: Fund Raising & Fund Distribution, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Forest Park 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, Forest Park Foundation generated $85.4k in total revenue. This represents relatively stable growth, over the past 4 years the organization has increased revenue by an average of 7.3% each year. All expenses for the organization totaled $15.0k during the year ending 12/2021. While expenses have increased by 12.2% per year over the past 4 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

TO PROVIDE SCHOLARSHIPS AND GRANTS FOR INDIVIDUALS AND SCHOOL ORGANIZATIONS

Describe the Organization's Program Activity:

Part 3 - Line 4a

THE FOREST PARK FOUNDATION HAS GROWN IN VALUE FROM $14,000 TO $1,017,000 OVER THE PAST FIVE YEARS. WE GAVE OUT $14,960 IN SCHOLARSHIPS IN 2021.


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Board, Officers & Key Employees

Name (title)Compensation
Becky Waters
Vice President
$0
Erich Ziegler
President
$0
Daryl Waters
Treasurer
$0
Britt Brozak
Secretary
$0
Jim Nocerini
Director
$0
Christy Larsen
Director
$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$68,000
Noncash contributions included in lines 1a–1f $35,200
Total Revenue from Contributions, Gifts, Grants & Similar$68,000
Total Program Service Revenue$0
Investment income $17,385
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 $85,385

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