Friends of Pumpkin Park

Nonprofit profile at a glance

EIN
922085373
IRS 990 coverage
2023–2024
Forms available
Form 990 2024
Location
Houston, TX, USA
Phone
7136519400
Rating
66
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Parks and Playgrounds

Official website

Reported finances

Revenue
$7,684,031
Expenses
$673,936
Assets
$7,231,392
Liabilities
$3,500

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

Leadership & pay

4 people listed

Executive titles in this filing

  • Margaret Elkins Davis (Chair & President)

People named in this filing

  • Margaret Elkins Davis (Chair & President)
  • Virginia Arnold Elkins (Secretary)
  • Leslie Elkins Sasser (Treasurer)

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

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

Overview

Mission

Friends of Pumpkin Park exists to support the vision of Pumpkin Park to be a place that brings the Houston community fun and exciting experiences through its charming outdoor area.

What it reported doing in 2024

The vision of Pumpkin Park is to be a space that inspires Houstonians to build a joyful community where everyone can explore, learn, and grow. To further this vision, Friends of Pumpkin Park is spearheading a renovation of the Park that will improve the Park's amenities and enhance its infrastructure. In 2024, Friends of Pumpkin Park made strides in moving the renovation project forward through a variety of activities including the land survey, cost estimates, architectural and landscape design work, and fundraising efforts.

Operating model

Revenue model
Donor-supported. 100% of the money available for current operations came from contributions and gifts.
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.
  • Includes noncash contributions: Reported contributions include donated property or goods.

The verdict

SUPPORTED - The filed numbers largely add up and most voting board members are independent. A relatively small share of available resources goes toward mission work and some filing-based governance responses are negative or unanswered.

Rating breakdown

  • Financial Efficiency: 34
  • Transparency & Controls: 92
  • Accountability: 76
  • Sustainability: 95
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 6%; rating input score 6
  • Program expense ratio: 65.6%; rating input score 66
  • Fundraising efficiency: $39.87 raised per $1 spent on fundraising; rating input score 75; 75th percentile among comparable filings

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
  • Pay-setting controls: Limited
  • Foreign activity oversight: Limited
  • Grant itemization coverage: Limited
  • Major donor itemization: Yes; rating input score 100
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
  • Governance controls: 3 of 7 controls in place; rating input score 43
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Fail
    • Document-retention policy: Fail
    • CEO compensation review process: NotApplicable
    • Other executive compensation review process: NotApplicable
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Missing
    • Independent financial-statement audit: Fail

Sustainability

  • Operating margin: 91.2%; rating input score 99; 99th percentile among comparable filings
  • Total-asset coverage ratio: 10.73; rating input score 91; 91st percentile among comparable filings
  • Liabilities to assets ratio: 0; rating input score 93; 93rd percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 91; 91st percentile among comparable filings

Growth

  • Program expense growth: 170.8% per year; rating input score 100; 100th percentile among comparable filings
  • Revenue growth: 175.2% per year; rating input score 100; 100th percentile among comparable filings
  • Asset growth: 187.9% per year; rating input score 100; 100th percentile among comparable filings

Details

  • Where the money goes: 6% of revenue deployed · 65.6% of spending went to programs
  • Governance: 4 of 4 board members independent · 3 of 7 filing controls reported
  • Programs: 1 filed program accomplishment · $442K in reported program spending
  • Leadership: top reported pay $0 · 4 people listed
  • Highest-paid contractors: 2 contractors listed · $634K reported
  • Consistency: 19 of 19 current checks pass
  • Schedules: 7 filed schedules · includes major donors
  • Filing history: 2 filing years from 2023 to 2024
  • Contacts: How to reach this organization
  • Money network: Resolved incoming and outgoing counterparties from filed money flows.
  • 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.

  • High — Financial Efficiency: Mission deployment rate scored 6/100.
  • Moderate — Accountability: Governance controls: 3 of 6 not reported.