Friends Of Inman Park Inc
- Assets
- $200.4k
- Revenue
- $242.8k
- Investments
- $0.0
- Employees
- 0
- Location
- Atlanta, GA
- Founding
- 02/2003
- Data as of
- 12/2022
- EIN
- 41-2072184
Organization Overview
Friends Of Inman Park Inc is located in Atlanta, GA. The organization was established in 2003. 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. Friends Of Inman Park 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 12/2022, Friends Of Inman Park Inc generated $242.8k in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 20.4% each year . All expenses for the organization totaled $112.5k during the year ending 12/2022. While expenses have increased by 0.2% 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
IMPROVE THE SAFETY AND LIVABILITY OF THE INMAN PARK NEIGHBORHOOD THROUGH PROJECTS RELATED TO HISTORIC PRESERVATION, PUBLIC PARKS, ARTS AND CULTURE, AND OTHER COMMUNITY INTERESTS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
MAINTAIN AND IMPROVE INMAN PARK'S OLDEST AND PREMIER PARK - SPRINGVALE PARK. HELPED MAINTAIN THE PARK BY PLANTING AND MAINTAINING TREES AND OTHER PLANTINGS. INSTALLED PUBLIC ART AND PLAYGROUND IMPROVEMENTS. THE PARK AND ITS PLAYGROUND ARE USED BY HUNDREDS OF NEIGHBORS AND THEIR CHILDREN.
SUPPORTED THE INMAN PARK NEIGHBORHOOD ASSOCIATION (IPNA). HELPED MAINTAIN AND IMPROVE THE NEIGHBORHOOD OF WELL OVER 1,000 RESIDENTS.
NEIGHBORHOOD CAMPAIGN TO DONATE TO CARE IN SUPPORT OF UKRAINE .
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Amy Higgins President | OfficerTrustee | 1 | $0 |
Barbara Leach Treasurer | OfficerTrustee | 3 | $0 |
Cameron Mccaa Secretary | OfficerTrustee | 1 | $0 |
Alexander Hoke Director | Trustee | 1 | $0 |
Neel Gupta Director | 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 | $180,433 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $180,433 |
| Total Program Service Revenue | $62,391 |
| Investment income | $0 |
| 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 | $242,824 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $59,959 |
| 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 | $0 |
| Fees for services: Other | $9,665 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| 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 | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $102 |
| Total functional expenses | $112,519 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $200,448 |
| 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 | $200,448 |
| 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 | $200,448 |
| 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 | $0 |
| Total liabilities and net assets/fund balances | $200,448 |
Grants Awarded
Over the last fiscal year, Friends Of Inman Park Inc has awarded $59,959 in support to 4 organizations.
| Grant Recipient | Amount |
|---|---|
CARE USA PURPOSE: To aid victims of war on Ukraine | $10,000 |
DAD'S GARAGE | | | $16,653 |
SEVEN STAGES | | | $16,653 |
HORIZON THEATRE | | | $16,653 |