Centennial Park District

Nonprofit profile at a glance

EIN
262749721
IRS 990-EZ coverage
2014–2024
Forms available
Form 990-EZ 2024
Location
Atlanta, GA, USA
Phone
4046581877
Rating
36
Verdict
REVIEW
Rating confidence
Moderate
Sector
Chambers of Commerce & Business Leagues

Official website

Reported finances

Revenue
$77,351
Expenses
$73,152
Assets
$104,260
Liabilities
$5,090

Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

6 people listed

Executive titles in this filing

  • DAVID D MARVIN (PRESIDENT, TREASURER)

People named in this filing

  • DAVID D MARVIN (PRESIDENT, TREASURER)
  • JO ANN HADEN- MILLER (MEMBER)
  • KIMBERLY BEAUDIN (MEMBER)

Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.

Source: IRS Form 990-EZ. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Anchored by centennial olympic park, the centennial park district is downtown atlanta's premiere entertainment district. Featuring entertainment venues, restaurants, lounges, hotels, professional sports teams, businesses and residential homes, the centennial park district's unique experiences make it the ideal escape from the routine. Centennial park district provides marketing services to hospitality entities that reside in the centennial park district.

What it reported doing in 2024

Marketing: the main initiatives of the centennial park district ("the district") are primarily marketing based and are as follows: a. District map - distributing more than 100,000 maps a year b. Marketing and outreach - to include website, newsletters and traditional media relations c. Social media - manage robust social media program across various channels to support district members d. Member recruitment - actively meet with businesses to talk about benefits of joining the district e. Focus on increased membership and retention of current members new dining guide provided to the district along with other marketing, social media efforts, and advance placemaking plan.

Operating model

Revenue model
Membership-supported. 100% of the money available for current operations came from membership dues.
Distribution model
No current program activity. The filing reports no program spending for the current year.

The verdict

REVIEW - The filed numbers largely add up. A relatively small share of available resources goes toward mission work and a relatively small share of total spending goes to programs.

Rating breakdown

  • Financial Efficiency: 0
  • Transparency & Controls: 82
  • Sustainability: 51
  • Growth: 20

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 0%; rating input score 0
  • Program expense ratio: 0%; rating input score 0

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
  • Major donor itemization: Limited

Sustainability

  • Operating margin: 5.4%; rating input score 55; 55th percentile among comparable filings
  • Total-asset coverage ratio: 1.43; rating input score 56; 56th percentile among comparable filings
  • Liabilities to assets ratio: 0.05; rating input score 21; 21st percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings

Growth

  • Program expense growth: Limited
  • Revenue growth: -1.5% per year; rating input score 0; 45th percentile among comparable filings
  • Asset growth: 6.7% per year; rating input score 100; 63rd percentile among comparable filings

Details

  • Where the money goes: 0% of revenue deployed · 0% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment
  • Leadership: top reported pay $0 · 6 people listed
  • Consistency: 9 of 9 current checks pass
  • Schedules: 1 filed schedules
  • Filing history: 8 filing years from 2014 to 2024
  • Contacts: How to reach this organization
  • Related organizations: Filed and resolved organization relationships.
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • High — Financial Efficiency: Mission deployment rate scored 0/100.
  • High — Financial Efficiency: Program expense ratio scored 0/100.
  • High — Growth: Revenue growth scored 0/100.
  • Review — Sustainability: Operating margin scored 55/100.
  • Review — Sustainability: Total-asset coverage ratio scored 56/100.
  • High — Sustainability: Liabilities to assets ratio scored 21/100.
  • Review — Sustainability: Officer compensation ratio scored 56/100.