Park People Endowment Foundation
Nonprofit profile at a glance
- EIN
- 760467724
- IRS 990-EZ coverage
- 2011–2011
- Forms available
- Form 990 2010, Form 990-EZ 2011
- Location
- Houston, TX, USA
- Phone
- 7139428500
- Rating
- 85
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Single Organization Support
Reported finances
- Revenue
- $37,368
- Expenses
- $1,001,555
- Assets
- $0
Source: IRS Form 990-EZ. Selected filing: tax year 2011. Amounts in USD.
Leadership & pay
10 people listed
Source: IRS Form 990-EZ. Selected filing: tax year 2011. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
The Park People Endowment Foundation's purpose is to support the Houston Parks Board, whose mission is to create, improve, protect, and advocate for parkland in the Greater Houston area. The Park People Endowment Foundation merged with the Houston Parks Board Foundation.
What it reported doing in 2011
Park People Endowment Foundation formerly supported the Houston Parks Board, an organization which preserves, enhances, and works to expand public parks and green areas in the Houston, TX area. In 2011, the organization was dissolved and its assets transferred to the Houston Parks Board Foundation which will similarly operate to benefit the Houston Parks Board. The Houston Parks Board created the Foundation in order to consolidate endowment funds held by the Houston Parks Board Endowment Trust and the Park People Endowment Foundation.
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
- Grant intermediary. The nonprofit sent 100% 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 total assets are small relative to annual expenses; liquid coverage is unknown.
Rating breakdown
- Financial Efficiency: 100
- Transparency & Controls: 82
- Sustainability: 1
- Growth: 40
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 100%; rating input score 100
- Program expense ratio: 99.5%; rating input score 99
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: -2,580.2%; rating input score 1; 1st 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: Limited
Growth
- Program expense growth: Limited
- Revenue growth: 27.2% per year; rating input score 100; 84th percentile among comparable filings
- Asset growth: -200% per year; rating input score 0; 1st percentile among comparable filings
Details
- Where the money goes: 100% of revenue deployed · 99.5% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment · $996K in reported program spending
- Leadership: top reported pay $0 · 10 people listed
- Consistency: 6 of 6 current checks pass
- Schedules: 3 filed schedules
- 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.
- High — Sustainability: Operating margin scored 1/100.
- High — Sustainability: Total-asset coverage ratio scored 1/100.
- High — Growth: Asset growth scored 0/100.