Prospect Park 2020
- Assets
- $8.5k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Minneapolis, MN
- Founding
- 11/2013
- Data as of
- 12/2020
- EIN
- 46-2407192
Organization Overview
Prospect Park 2020 is located in Minneapolis, MN. The organization was established in 2013. 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. Prospect Park 2020 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 12/2020, Prospect Park 2020 generated $572.0 in total revenue. This represents a relatively dramatic decline in revenue. Over the past 2 years, the organization has seen revenues fall by an average of (67.3%) each year. All expenses for the organization totaled $2.0k during the year ending 12/2020. 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
2020
Describe the Organization's Program Activity:
Part 3
DEVELOPED A SET OF PRINCIPLES FOR SUSTAINABLE DEVELOPMENT OF THE PROSPECT NORTH DISTRICT AS PART OF THE MISSION TO ADVANCE A TRANSIT-ORIENTED DVELOPMENT FOR PROSPECT NORTH DISTRICT.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Richard Gilyard President | 5 | $0 | |
Richard Poppele Vp/treasurer | 1 | $0 | |
John Kari Board Chair | 3 | $0 | |
Mark Johnson Director | 0.5 | $0 | |
Brian Anderson Director | 0.5 | $0 | |
Ray Harris Director | 0.2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $570 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $2 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $572 |
| 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 | $2,049 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $0 |
| Total expenses | $2,049 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $8,537 |
| Other assets | $0 |
| Total assets | $8,537 |
| Total liabilities | $0 |
| Net assets or fund balances | $8,537 |