Austin Parks Foundation
- Assets
- $18.6m
- Revenue
- $9.5m
- Investments
- $1.3m
- Employees
- 37
- Location
- Austin, TX
- Founding
- 12/1992
- Data as of
- 12/2021
- EIN
- 74-2648803
Organization Overview
Austin Parks Foundation is located in Austin, TX. The organization was established in 1992. According to its NTEE Classification (N32) the organization is classified as: Parks & Playgrounds, under the broad grouping of Recreation & Sports and related organizations. As of 12/2021, Austin Parks Foundation employed 37 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Austin Parks 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, Austin Parks Foundation generated $9.5m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 5.5% each year. All expenses for the organization totaled $6.1m during the year ending 12/2021. While expenses have increased by 3.3% per year over the past 7 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.
Since 2015, Austin Parks Foundation has awarded 76 individual grants totaling $3,641,854. 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
APF PROVIDES RESOURCES AND PARTNERSHIPS THAT CREATE AND SUSTAIN PARKS IN AUSTIN, TX.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PARK IMPROVEMENTS: DURING 2021, APF MADE PARK IMPROVEMENTS BOTH LARGE AND SMALL. THREE OF THE LARGEST PARK IMPROVEMENT PROJECTS DURING THE YEAR WERE: SPRINGDALE NEIGHBORHOOD PARK, EASTLINK TRAIL, AND THE ZILKER EAGLE TRAIN. SEE SCHEDULE O FOR MORE DETAIL ON THESE THREE PROJECTS. OTHER SMALLER PARK IMPROVEMENT PROJECTS INCLUDED FUNDING FOR THE BARTON CREEK ZILKER TRAILHEAD, DISTRICT 7 POND MAINTENANCE, AND THE VIOLET CROWN/GREENBELT TRAIL IMPROVEMENTS.
PARK ACTIVATION, PROGRAMMING, VOLUNTEERISM & PARK MAINTENANCE: APF ENGAGES THE COMMUNITY AND FILLS THE GAP IN PUBLIC FUNDING BY PROVIDING VITAL MAINTENANCE TO KEEP THE CITY'S PARKS IN GOOD CONDITION. APF'S PARK ACTIVATION AND PROGRAMMING INCLUDES IT'S MY PARK DAY, WHERE THOUSANDS OF COMMUNITY MEMBERS COME TOGETHER TO IMPROVE AND MAINTAIN THEIR PARKS; THE PARKS SUMMIT AND PARKSCAST SERIES, PROVIDING AN OPEN FORUM FOR DISCUSSION BETWEEN EXPERTS AND STAKEHOLDERS ON IMPORTANT TOPICS; FITNESS IN THE PARK, OFFERING FREE AEROBICS, DANCE AND OTHER FITNESS CLASSES; THE ADOPT-A-PARK PROGRAM, WHERE COMMUNITY MEMBERS BECOME THE STEWARDS OF THEIR NEIGHBORHOOD PARKS AND HAVE THE OPTION OF OPENING A SPONSORED FUND ACCOUNT TO EFFICIENTLY FUNDRAISE AND REINVEST IN THEIR OWN COMMUNITY PARKS; AND LITTLE HUMMINGBIRD SOCIETY, WHICH OFFERS PROGRAMMING DESIGNED FOR KIDS. DURING 2021, APF ADAPTED TO THE COVID-19 PANDEMIC BY FOLLOWING ALL RECOMMENDED HEALTH AND SAFETY GUIDELINES WHILE TRYING TO BRING AS MANY ACTIVITIES BACK TO THE PARKS AS POSSIBLE.
PARK ADOPTER SUPPORT: FUNDING WAS AWARDED TO PARK ADOPTER GROUPS FOR IMPROVEMENTS IN THEIR NEIGHBORHOOD PARKS. APF OVERSEES ALL PROJECTS AND PAYS CONTRACTORS DIRECTLY. EXAMPLES OF 2021 PROJECTS INCLUDE BACKSTOP REPLACEMENT ON MULTI USE FIELD AT PATTERSON NEIGHBORHOOD PARK, TURF FIELD IMPROVEMENT AT PERRY NEIGHBORHOOD PARK, OUTDOOR CLASSROOM EQUIPMENT AT PICKLE SCHOOL PARK, BUTTERFLY GARDEN AT BALCONES DISTRICT PARK, MAP/PARK DIRECTORY AT COMMONS FORD METRO PARK, VOLLEYBALL COURT REPAIR AT PASTOR CRAIG JR NEIGHBORHOOD PARK AND BUTTERFLY PATH BUILDING AT OVERTON SCHOOL PARK. OTHER GRANTS AWARDED INCLUDED FUNDING FOR THE VISION PLAN AT HIGHLAND NEIGHBORHOOD PARK, NEW WATER FOUNTAIN AND BENCH AT SANCHEZ SCHOOL PARK, TEACHING AND COMMUNITY GARDEN AT MLK STATION PARK, INFORMATION KIOSK AT SPRINGWOODS PARK AND A SHED AT DEEP EDDY COMMUNITY GARDEN.
OTHER PROGRAM EXPENSES INCLUDE $1,638,618 OF MAINTENANCE COSTS IN ZILKER PARK RELATED TO THE AUSTIN CITY LIMITS (ACL) FESTIVAL. THE ACL FESTIVAL IS THE LARGEST ANNUAL PARK ACTIVATION PROGRAM HELD BY AUSTIN PARKS FOUNDATION AND BRINGS TENS OF THOUSANDS OF LOCAL RESIDENTS AND VISITORS FROM ALL OVER THE WORLD INTO ONE OF AUSTIN'S PREMIER PARKS EACH YEAR.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Colin Wallis CEO | Officer | 40 | $144,100 |
Jayna Burgdorf CFO | Officer | 40 | $104,854 |
Allison Watkins Chief Strategy Officer | Officer | 40 | $102,315 |
Rashed Islam Secretary | OfficerTrustee | 1 | $0 |
Monica Fernandes Chair | OfficerTrustee | 1 | $0 |
Greg Weaver Vice Chair | OfficerTrustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Jay-reese Contractors Inc General Construction Services | 12/30/21 | $234,406 |
Whirlix Design Inc General Construction Services | 12/30/21 | $121,948 |
Craven & Company Llc Event Consulting & Coordination | 12/30/21 | $153,008 |
Paradigm Contracting Llc General Construction Services | 12/30/21 | $336,332 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $406,664 |
| Related organizations | $0 |
| Government grants | $959,400 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,185,025 |
| Noncash contributions included in lines 1a–1f | $21,810 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,551,089 |
| Total Program Service Revenue | $6,911,556 |
| Investment income | $275,073 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $52,510 |
| Net Income from Fundraising Events | -$288,199 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $8,846 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $9,510,875 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $446,781 |
| 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. | $256,154 |
| Compensation of current officers, directors, key employees. | $49,733 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $998,465 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $103,756 |
| Payroll taxes | $95,972 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $17,092 |
| Fees for services: Accounting | $143,327 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $46,466 |
| Fees for services: Other | $114,436 |
| Advertising and promotion | $74,672 |
| Office expenses | $86,328 |
| Information technology | $135,856 |
| Royalties | $0 |
| Occupancy | $46,787 |
| Travel | $6,575 |
| 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 | $14,613 |
| Insurance | $25,273 |
| All other expenses | $18,170 |
| Total functional expenses | $6,137,762 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $84,372 |
| Savings and temporary cash investments | $1,505,944 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $6,999,688 |
| 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 | $56,074 |
| Net Land, buildings, and equipment | $513,488 |
| Investments—publicly traded securities | $8,132,869 |
| Investments—other securities | $1,293,990 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $46,739 |
| Total assets | $18,633,164 |
| Accounts payable and accrued expenses | $1,977,902 |
| Grants payable | $763,211 |
| 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 | $2,741,113 |
| Net assets without donor restrictions | $12,754,514 |
| Net assets with donor restrictions | $3,137,537 |
| 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 | $18,633,164 |
Grants Awarded
Over the last fiscal year, Austin Parks Foundation has awarded $37,500 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
Austin, TX PURPOSE: TRAIL OF LIGHTS SPONSORSHIP | $25,000 |
Austin, TX PURPOSE: COMMUNITY ENGAGEMENT CONSULTING FOR HONORING BLACK HISTORY PROJECT AT PEASE PARK | $12,500 |
Grants Recieved
Over the last fiscal year, we have identified 12 grants that Austin Parks Foundation has recieved totaling $253,097.
| Awarding Organization | Amount |
|---|---|
Austin Community Foundation Austin, TX PURPOSE: RECURRING MONTHLY CONTRIBUTION TO APF'S GROUNDBREAKERS PROGRAM. | $194,282 |
Alice Kleberg Reynolds Meyer Fdn Tr Austin, TX PURPOSE: PROGRAM SERVICES/EXPENSES | $15,000 |
American Online Giving Foundation Inc Newark, DE PURPOSE: GENERAL SUPPORT | $11,289 |
Mightycause Charitable Foundation Marianna, FL PURPOSE: UNRESTRICTED | $8,698 |
Schwab Charitable Fund San Francisco, CA PURPOSE: HUMAN SERVICES | $8,173 |
John B And Ethel Templeton Fund Austin, TX PURPOSE: CHARITABLE | $5,000 |
Endowment Analysis
| Beg. Balance | $1,140,457 |
| Earnings | $206,296 |
| Admin Expense | $11,985 |
| Grants | $39,400 |
| Ending Balance | $1,295,368 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Austin Parks Foundation Austin, TX | $18,633,164 | $9,510,875 |
Hollywood Memorial Park Company Houston, TX | $33,442,112 | $5,846,225 |
Parks For Downtown Dallas Dallas, TX | $32,328,636 | $5,039,628 |
Woodall Rodgers Park Foundation Dallas, TX | $79,564,838 | $21,615,495 |
Memorial Park Tulsa, OK | $30,425,611 | $5,086,019 |
Pease Park Conservancy Austin, TX | $3,299,549 | $1,315,940 |
Spark Houston, TX | $2,148,796 | $3,269,886 |
Linda Pace Foundation San Antonio, TX | $85,448,768 | $4,905,864 |
Evelyns Park Conservancy Bellaire, TX | $893,230 | $3,189,760 |
Emancipation Park Conservancy Houston, TX | $2,439,536 | $2,922,994 |
State Parks And Recreation Foundation Of Arkansas Little Rock, AR | $3,242,113 | $1,406,923 |
Hemisfair Conservancy San Antonio, TX | $1,859,669 | $1,225,591 |