Maude Parks Memorial Fund
- Assets
- $641.7k
- Revenue
- $452.2k
- Investments
- $597.6k
- Employees
- 0
- Location
- Birmingham, AL
- Founding
- 06/1967
- Data as of
- 12/2021
- EIN
- 62-6042777
Organization Overview
Maude Parks Memorial Fund is located in Birmingham, AL. The organization was established in 1967. According to its NTEE Classification (N12) the organization is classified as: Fund Raising & Fund Distribution, 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. Maude Parks Memorial Fund 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, Maude Parks Memorial Fund generated $452.2k in total revenue. All expenses for the organization totaled $34.4k during the year ending 12/2021.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Norman Randolph Parks President | 1.5 | $5,211 | |
Laquita M Smith Secretary | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $23,630 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $428,601 |
| Capital Gain Net Income | $428,601 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $452,231 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $2,421 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $450 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $3,160 |
| Total operating and administrative expenses | $6,731 |
| Contributions, gifts, grants paid | $27,679 |
| Total expenses and disbursements | $34,410 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $44,055 |
| 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 | $597,624 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $641,679 |
| 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, Maude Parks Memorial Fund has awarded $27,679 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
Louisville, KY PURPOSE: GENERAL OPERATING | $21,000 |
Nashville, TN PURPOSE: GENERAL OPERATING | $6,679 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Atlanta Braves Foundation Inc Atlanta, GA | $5,969,688 | $4,170,883 |
Florida Sports Foundation Incorporated Orlando, FL | $5,544,373 | $5,275,010 |
Camp-Younts Foundation Orlando, FL | $47,548,397 | $5,010,079 |
Bert Fish Foundation Inc Deland, FL | $12,492,099 | $91,142 |
Fisher-Crum Foundation Inc Albany, GA | $16,325,649 | $1,999,719 |
B A S E Camp Childrens Cancer Foundation Inc Winter Park, FL | $529,350 | $568,601 |
Parks Foundation Of Miami-Dade Inc Miami, FL | $1,440,735 | $366,768 |
Old West Special Trails Inc Collierville, TN | $525,442 | $435,030 |
Mountain Brook Sports Park Foundation Birmingham, AL | $801,029 | $205,893 |
More Than Baseball Crystal River, FL | $55,108 | $49,139 |
Martin County Police Athletic League Inc Palm City, FL | $175,010 | $423,861 |
Friends Of Sarasota County Parks Inc Nokomis, FL | $669,029 | $555,979 |