Foundation for the Great Park

Nonprofit profile at a glance

EIN
912080343
IRS 990-EZ coverage
2014–2014
Forms available
Form 990 2012, Form 990-EZ 2014
Location
Irvine, CA, USA
Phone
9492225775
Rating
70
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Single Organization Support

Reported finances

Revenue
$8,825
Expenses
$91,001
Assets
$0

Source: IRS Form 990-EZ. Selected filing: tax year 2014. Amounts in USD.

Leadership & pay

16 people listed

People named in this filing

  • MICHAEL D RAY (CHAIR EMERITUS)
  • JOHN KATKISH (Treasurer)
  • ROBERT CURRIE (Director)

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 2014. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

THE FOUNDATION'S PRIMARY PURPOSE IS TO OPERATE AS AN ALL-INCLUSIVE, PUBLIC BENEFIT CORPORATION ENGAGED IN ACTIVITIES TO GENERATE AND MAINTAIN PUBLIC AND PRIVATE SUPPORT THROUGHOUT ORANGE COUNTY AND BEYOND FOR THE DEVELOPMENT AND OPERATION OF THE OC GREAT PARK. by a unanimous decision of the foundation's board of directors, the organization announced it is ending operations. during its tenure, the foundation provided financial and community leadership for specific initiatives at the orange county great park. this marks the completion of a 15 year effort to help establish a vision and build community support for a metropolitan park in orange county.

What it reported doing in 2014

SUPPORT FOR PARK ACTIVITIES - arts, culture & heritagefoundation provided grants to the following organizations: - museum of heritage & aviation in support of their program to create a museum at the orange county great park; - the legacy project in support of their work in photographic documentation of the orange county great park.

Operating model

Revenue model
Cannot be determined from the filing. The filing does not provide enough consistent revenue detail to tell how this nonprofit funds its work.
Distribution model
Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.

The verdict

SUPPORTED - A large share of available resources goes toward mission work and the filed numbers largely add up. A relatively small share of total spending goes to programs and revenue has declined or grown slowly.

Rating breakdown

  • Financial Efficiency: 82
  • Transparency & Controls: 71
  • Sustainability: 2
  • Growth: 0

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 100%; rating input score 100
  • Program expense ratio: 51.3%; rating input score 51

Transparency & Controls

  • Consistency checks: 86.7%; rating input score 87; 1st percentile among comparable filings
  • Major donor itemization: Limited

Sustainability

  • Operating margin: -931.2%; rating input score 2; 2nd percentile among comparable filings
  • Total-asset coverage ratio: 0; rating input score 1; 1st percentile among comparable filings
  • Liabilities to assets ratio: Limited
  • Officer compensation ratio: 34.1%; rating input score 5; 5th percentile among comparable filings

Growth

  • Program expense growth: Limited
  • Revenue growth: -56.3% per year; rating input score 0; 6th percentile among comparable filings
  • Asset growth: -56.4% per year; rating input score 0; 4th percentile among comparable filings

Details

  • Where the money goes: 100% of revenue deployed · 51.3% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 5 filed program accomplishments · $47K in reported program spending
  • Leadership: top reported pay $0 · 16 people listed
  • Consistency: 5 of 5 current checks pass
  • Schedules: 3 filed schedules
  • Contacts: How to reach this organization
  • Money network: 2 filed money-flow records
  • Related organizations: 1 filed related-organization link
  • 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.

Grant-readiness screening is separate from the live rating, not a measure of program quality. Review the source records before making a grant decision.

  • Review — Financial Efficiency: Program expense ratio scored 51/100.
  • High — Growth: Revenue growth scored 0/100.
  • High — Sustainability: Operating margin scored 2/100.
  • High — Growth: Asset growth scored 0/100.
  • High — Sustainability: Total-asset coverage ratio scored 1/100.
  • High — Sustainability: Officer compensation ratio scored 5/100.
  • High — Grant Readiness: California registration: this organization is recorded as not currently operating in California.