Greater Metro Parks Foundation
- Assets
- $9.2m
- Revenue
- $1.1m
- Investments
- $0.0
- Employees
- 3
- Location
- Tacoma, WA
- Founding
- 07/1995
- Data as of
- 12/2021
- EIN
- 91-1482669
Organization Overview
Greater Metro Parks Foundation is located in Tacoma, WA. The organization was established in 1995. According to its NTEE Classification (Z99) the organization is classified as: Unknown, under the broad grouping of Unknown and related organizations. As of 12/2021, Greater Metro Parks Foundation employed 3 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Greater Metro 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, Greater Metro Parks Foundation generated $1.1m 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 $1.3m during the year ending 12/2021. While expenses have increased by 12.4% 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
GREATER METRO PARKS FOUNDATION'S MISSION IS TO CULTIVATE A COMMUNITY INVESTED IN PROVIDING PARKS AND RECREATION ACCESS TO ALL.ITS VISION IS PLENTIFUL, EQUITABLE ACCESS TO NATURE, PLAY, AND RECREATION IN TACOMA.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROGRAM SUPPORT- THE FOUNDATION WORKS IN PARTNERSHIP WITH THE METROPOLITAN PARK DISTRICT OF TACOMA (MPT) TO SUPPORT MISSION-PRIORITY PROGRAMS. THESE INCLUDE THE ARTS, YOUTH SPORTS AND DEVELOPMENT, FITNESS AND WELLNESS, SPECIALIZED RECREATION, HERITAGE AND SPECIAL EVENTS. DONATIONS HELP FILL THE GAP AND SUSTAIN THESE PROGRAMS. FOR EXAMPLE OUR COMMUNITY ARTS PROGRAMS PROVIDE FREE ACCESS TO ARTS IN LOW INCOME COMMUNITIES FOR HEALTH, LEARNING AND COMMUNITY, PROVIDING ACCESS TO UNDERSERVED CHILDREN AND FAMILIES WITH OPPORTUNITIES TO ACCESS LEAGUE SPORTS PLAY, ARTS PROGRAMMING, ENVIRONMENTAL EDUCATION AND EXPLORATION, AND MORE.THE FOUNDATION ALSO RAISES AND INVESTS ENDOWMENT FUNDS FOR SUSTAINABLE PROGRAMMING.
PARK MAINTENANCE - THE FOUNDATION SUPPORTS PARKS AND PARKS PROJECTS THROUGHOUT THE DISTRICT. INDIVIDUAL PARKS HAVE SPECIAL SIGNIFICANCE THEIR SURROUNDING COMMUNITIES AND THE FOUNDATION OFFERS A WAY FOR NEIGHBORS TO GIVE TO THEIR PARKS. DONORS CAN GIVE TO THE CHIP-IN! PROGRAM WHICH ENGAGES THOUSANDS OF VOLUNTEER PARK STEWARDS EVERY YEAR WHO REMOVE INVASIVE SPECIES, REPLACE NATURAL AREAS, CLEAN UP GARBAGE, AND PATROL TO MAINTAIN SAFETY. THE FOUNDATION ALSO MANAGES CAPITAL CAMPAIGNS AND LEVERAGES DISTRICT FUNDS TO ENHANCE COMMUNITIES AND PARK FACILITIES.
FINANCIAL AID, KNOWN AS THE ACTIVE KIDS FUND, REMOVES BARRIERS BY REDUCING METROPARKS PROGRAM REGISTRATION FEES BY 50-75% FOR HUNDREDS OF QUALIFYING FAMILIES.THROUGH THE ACTIVE KIDS FUND, CHILDREN CAN ENJOY ACTIVITIES SUCH AS SWIMMING CLASSES,NATURE EDUCATION, SPORTS LEAGUES AND PERFORMING ARTS LESSONS. THE FUND HELPS YOUTH WHO OTHERWISE WOULD NOT HAVE THE FINANCIAL MEANS TO GET ACTIVE, BUILD SKILLS, MAKE HEALTHY CHOICES, EXPAND PERSONAL EXPRESSION AND EXPERIENCE SCIENTIFIC DISCOVERY.VERIFICATION OF INCOME AND PROOF OF RESIDENCY ARE REQUIRED. EVERY YEAR REQUESTS INCREASE AND METRO PARKS AND THE FOUNDATION WORK TOGETHER TO MEET THE NEED.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Teri Moore Executive Director | 0 | $111,092 | |
Morris Aldridge President | OfficerTrustee | 10 | $0 |
Michelle Jones Vice President | OfficerTrustee | 1 | $0 |
Tom Day Treasurer | OfficerTrustee | 2 | $0 |
Jessica Knickerbocker Secretary | OfficerTrustee | 2 | $0 |
Alicia Lawver Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $346,500 |
| All other contributions, gifts, grants, and similar amounts not included above | $643,807 |
| Noncash contributions included in lines 1a–1f | $2,887 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $990,307 |
| Total Program Service Revenue | $0 |
| Investment income | $136,315 |
| 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 | $1,126,622 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $938,172 |
| 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. | $115,004 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $117,148 |
| Pension plan accruals and contributions | $2,845 |
| Other employee benefits | $16,368 |
| Payroll taxes | $20,293 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $29,075 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $2,457 |
| Advertising and promotion | $17,808 |
| Office expenses | $11,606 |
| 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 | $2,887 |
| All other expenses | $0 |
| Total functional expenses | $1,282,952 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,143,480 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $120,929 |
| 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 | $7,897,391 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $9,161,800 |
| Accounts payable and accrued expenses | $16,567 |
| Grants payable | $197,447 |
| 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 | $210,566 |
| Total liabilities | $424,580 |
| Net assets without donor restrictions | $312,914 |
| Net assets with donor restrictions | $8,424,306 |
| 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 | $9,161,800 |
Grants Awarded
Over the last fiscal year, Greater Metro Parks Foundation has awarded $178,590 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
METRO PARKS TACOMA PURPOSE: SUPPORT SERVICES | $172,290 |
METRO PARKS TACOMA PURPOSE: NEIGHBORS FOR PARKS | $6,300 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Greater Metro Parks Foundation has recieved totaling $37,000.
| Awarding Organization | Amount |
|---|---|
The Albertsons Companies Foundation Pleasanton, CA PURPOSE: HUNGER | $25,000 |
Mariners Care Seattle, WA PURPOSE: GENERAL SUPPORT | $12,000 |
Endowment Analysis
| Beg. Balance | $6,606,248 |
| Earnings | $805,219 |
| Net Contributions | $753,743 |
| Other Expense | $396,362 |
| Ending Balance | $7,768,848 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Albina Head Start Inc Portland, OR | $22,611,624 | $19,457,720 |
Orbis Cascade Alliance Portland, OR | $8,013,554 | $17,694,791 |
Independent Order Of Odd Fellows Walla Walla, WA | $17,889,942 | $20,108,315 |
Options Counseling Services Of Oregon Eugene, OR | $12,586,092 | $15,957,358 |
The Housing Company Boise, ID | $54,365,926 | $13,345,868 |
Discovery Institute Seattle, WA | $11,437,135 | $11,706,535 |
Ecotrust Portland, OR | $39,375,202 | $8,893,922 |
Vista Hermosa Pasco, WA | $179,888,748 | $12,479,389 |
Antfarm Inc Sandy, OR | $2,638,005 | $9,881,000 |
Larry And Jeanette Epping Family Foundation Salem, OR | $179,042,811 | $13,717,983 |
Evergreen Freedom Foundation Olympia, WA | $4,610,393 | $9,922,946 |
Portland Community Reinvestment Initiatives Inc Portland, OR | $37,093,919 | $7,550,357 |