Liberty Parks and Recreation Charitable Fund

Nonprofit profile at a glance

EIN
463451836
IRS 990-EZ coverage
2016–2019
Forms available
Form 990-EZ 2019
Location
Liberty, MO, USA
Phone
8164394363
Rating
97
Verdict
STRONG
Rating confidence
Moderate
Sector
Recreation& Sports N.E.C.

Official website

Reported finances

Revenue
$106,096
Expenses
$152,334
Assets
$199,486
Liabilities
$0

Source: IRS Form 990-EZ. Selected filing: tax year 2019. Amounts in USD.

Leadership & pay

12 people listed

Executive titles in this filing

  • PATRICK FLORA (VICE PRESIDENT/EVENT DIRECTOR)

People named in this filing

  • PATRICK FLORA (VICE PRESIDENT/EVENT DIRECTOR)
  • HAROLD PHILLIPS (CITY COUNCIL LIASON)
  • VERN WINDSOR (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 2019. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Enhance recreation opportunities in liberty, Missouri.

What it reported doing in 2019

Liberty scholarship fund - the liberty parks and recreation charitable fund is proud to offer a scholarship program administered by the parks and recreation department. The program is designed for children who, without financial assistance, would not have the opportunity to participate in the department's youth activities and liberty community center memberships. This will help make programs more accessible by partially covering the cost of current registration fees for youth who qualify. Scholarships are awarded using the same criteria as the free/reduced lunch program through the liberty public schools. Those families receiving a scholarship may receive financial assistance up to 75% of the cost of the program and liberty community center memberships in which the youth is enrolling.

Operating model

Revenue model
Donor-supported. 95% of the money available for current operations came from contributions and gifts.
Distribution model
Grant intermediary. The nonprofit sent 96% of its reported program spending out as grants.

The verdict

STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Expenses are high relative to revenue and the available information about grant readiness automatic revocation leaves an important question unanswered.

Rating breakdown

  • Financial Efficiency: 100
  • Transparency & Controls: 100
  • Sustainability: 39
  • Growth: 100

Detailed rating inputs

Financial Efficiency

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

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
  • Major donor itemization: Yes; rating input score 100

Sustainability

  • Operating margin: -43.6%; rating input score 2; 2nd percentile among comparable filings
  • Total-asset coverage ratio: 1.31; rating input score 69; 69th percentile among comparable filings
  • Liabilities to assets ratio: 0; rating input score 83; 83rd percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 65; 65th percentile among comparable filings

Growth

  • Program expense growth: 48.3% per year; rating input score 100; 93rd percentile among comparable filings
  • Revenue growth: 27.6% per year; rating input score 100; 91st percentile among comparable filings
  • Asset growth: 23.4% per year; rating input score 100; 82nd percentile among comparable filings

Details

  • Where the money goes: 100% of revenue deployed · 100% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 2 filed program accomplishments · $152K in reported program spending
  • Leadership: top reported pay $0 · 12 people listed
  • Consistency: 9 of 9 current checks pass
  • Schedules: 3 filed schedules
  • Filing history: 4 filing years from 2016 to 2019
  • Contacts: How to reach this organization
  • Money network: Resolved incoming and outgoing counterparties from filed money flows.
  • 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.

  • High — Sustainability: Operating margin scored 2/100.
  • High — Grant Readiness: Automatic revocation: this organization had its federal tax-exempt status automatically revoked.