City Parks Foundation

What it reported doing in 2024

Partnerships for parks: partnerships for parks (pfp), a joint program with the nyc department of parks and recreation, promotes community involvement in parks by building, linking and strengthening a citywide constituency of parks supporters. Each year, pfp supports and empowers a growing network of 600 community groups and volunteers dedicated to promoting their local parks and improving the surrounding communities. Through direct engagement, intensive training and technical assistance, and practical toolkits, cpf enables citizens to play an active and effective role in decisions regarding their local green spaces.education programs: cityparks learn plays a central role in activating cpfs mission to create vibrant and healthy urban communities through dynamic outdoor programming for all new yorkers. Cpfs environmental education programs help students experience the fun of science, while learning about their relationship to the natural world and the ways in which they can protect our natural environment. Cpf provides environmental science programs for elementary, middle and high school students throughout New York city.sports: cityparks play has a central role in activating cpfs mission to create vibrant and healthy urban communities through dynamic programming in parks for all new yorkers. Cpf serves kids and seniors in New York city's neighborhood parks with free sports programs including tennis, soccer, golf, track and field, and multi-sport instruction, and more. Cpf helps residents of New York city stay active and healthy, discover new sports, and make new friends.environmental benefit projects: as the administrator of mitigation funds from the New York state department of environmental conservation, cpf funds environmental benefit projects that address green infrastructure, such as the creation and/or improvement of open space, waterfront access, and other programs along newton creek and the east river.

Financial Efficiency

• Mission deployment rate: 78.3%; rating input score 78
• Program expense ratio: 86%; rating input score 86
• Fundraising efficiency: $16.45 raised per $1 spent on fundraising; rating input score 52; 52nd percentile among comparable filings

Transparency & Controls

• Consistency checks: 94.1%; rating input score 94; 20th percentile among comparable filings
• Pay-setting controls: 4 of 6 controls in place; rating input score 67
  • Compensation committee: Pass
  • Independent consultant: Missing
  • Other Form 990s reviewed: Pass
  • Written employment contract: Missing
  • Compensation survey or study: Pass
  • Board or committee approval: Pass
• Foreign activity oversight: Limited
• Grant itemization coverage: 92.4%; rating input score 92; 22nd percentile among comparable filings
• Major donor itemization: Yes; rating input score 100
• Related-party transparency: Limited

Accountability

• Independent voting board: 97.7%; rating input score 98; 31st percentile among comparable filings
• Governance controls: 9 of 9 controls in place; rating input score 100
  • Conflict-of-interest policy: Pass
  • Whistleblower policy: Pass
  • Document-retention policy: Pass
  • CEO compensation review process: Pass
  • Other executive compensation review process: Pass
  • Form 990 shared with the board: Pass
  • Board meeting minutes documented: Pass
  • Audit committee oversight: Pass
  • Independent financial-statement audit: Pass

Sustainability

• Operating margin: 12.8%; rating input score 73; 73rd percentile among comparable filings
• Total-asset coverage ratio: 1.97; rating input score 61; 61st percentile among comparable filings
• Liabilities to assets ratio: 0.09; rating input score 76; 76th percentile among comparable filings
• Officer compensation ratio: 7.4%; rating input score 33; 33rd percentile among comparable filings

Growth

• Program expense growth: 2.3% per year; rating input score 100; 21st percentile among comparable filings
• Revenue growth: 3.3% per year; rating input score 100; 28th percentile among comparable filings
• Asset growth: 0.8% per year; rating input score 100; 13th percentile among comparable filings