Ronnie Park Foundation
- Assets
- $2.4m
- Revenue
- $42.2k
- Investments
- $2.4m
- Employees
- 0
- Location
- Henderson, NV
- Founding
- 05/2009
- Data as of
- 12/2022
- EIN
- 41-2262932
Organization Overview
Ronnie Park Foundation is located in Henderson, NV. The organization was established in 2009. According to its NTEE Classification (B82) the organization is classified as: Scholarships & Student Financial Aid, 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. Ronnie 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 12/2022, Ronnie Park Foundation generated $42.2k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (21.8%) each year. All expenses for the organization totaled $165.6k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2016, Ronnie Park Foundation has awarded 28 individual grants totaling $289,073. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
CHARITABLE CONTRIBUTION BENEFICIARY; NUSKIN FORCE FOR GOOD FOUNDATION
CHARITABLE CONTRIBUTION BENEFICIARY; YOUTH VOLUNTEERS ORGANIZATION
CHARITABLE CONTRIBUTION BENEFICIARY; ARPAN FOUNDATION
CHARITABLE CONTRIBUTION BENEFICIARY; VALENCIA SPRING WATER CHURCH
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Yong Ran Park Secretary | 2 | $0 | |
Ronnie Seok Park President | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $1,033 |
| Dividends & Interest | $10,182 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $6,505 |
| Net ST Capital Gain | $6,495 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $30,967 |
| Total Revenue | $42,182 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $918 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $36,697 |
| Printing and publications | $0 |
| Other expenses | $66,820 |
| Total operating and administrative expenses | $105,885 |
| Contributions, gifts, grants paid | $59,700 |
| Total expenses and disbursements | $165,585 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $64,448 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $2,351,051 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $2,415,499 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Grants Awarded
Over the last fiscal year, Ronnie Park Foundation has awarded $59,700 in support to 10 organizations.
| Grant Recipient | Amount |
|---|---|
Provo, UT PURPOSE: CHARITABLECONTRIBUTION | $11,000 |
ARPAN FOUNDATION PURPOSE: CHARITABLECONTRIBUTION | $10,000 |
Los Angeles, CA PURPOSE: CHARITABLECONTRIBUTION | $10,000 |
Valencia, CA PURPOSE: CHARITABLECONTRIBUTION | $6,700 |
NBMENT PURPOSE: CHARITABLECONTRIBUTION | $6,000 |
KOREA NUSKIN FORCE FOR GOOD PURPOSE: CHARITABLECONTRIBUTION | $5,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Charles And Helen Schwab Foundation San Francisco, CA | $691,573,201 | $120,025,754 |
Hispanic Scholarship Fund Gardena, CA | $152,619,685 | $60,036,131 |
Arizona Leadership Foundation Inc Scottsdale, AZ | $8,143,528 | $41,232,860 |
College Track Oakland, CA | $64,375,720 | $27,539,542 |
Business For Social Responsibility San Francisco, CA | $23,283,625 | $33,746,077 |
Arizona Christian School Tuition Organization Inc Chandler, AZ | $15,419,007 | $23,692,507 |
Institute For Better Education Tucson, AZ | $37,186,348 | $28,870,649 |
Catholic Education Arizona Phoenix, AZ | $32,375,379 | $24,525,242 |
Mcconnell Foundation Redding, CA | $0 | $21,867,294 |
Arizona Tuition Connection Inc Scottsdale, AZ | $37,104,483 | $31,699,669 |
Making Waves Foundation Inc Richmond, CA | $241,696,341 | $12,436,212 |
Port Of Los Angeles High School San Pedro, CA | $18,161,675 | $15,549,620 |