People for Parks
Nonprofit profile at a glance
- EIN
- 363339180
- IRS 990-EZ coverage
- 2011–2020
- Forms available
- Form 990-EZ 2020
- Location
- Minneapolis, MN, USA
- Phone
- 6127676892
- Rating
- 74
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Single Organization Support
Reported finances
- Revenue
- $21,104
- Expenses
- $16,941
- Assets
- $0
- Liabilities
- $0
Source: IRS Form 990-EZ. Selected filing: tax year 2020. Amounts in USD.
Leadership & pay
4 people listed
People named in this filing
- STEVE BAILEY (CHAIR)
- DAN PETERSON (SECRETARY)
- JAY HALVORSON (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-EZ. Selected filing: tax year 2020. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Stimulate park system support
What it reported doing in 2020
In 2014 people for parks granted $49,978 for various projects in the minneapolis park system. Highlights include $15,000 to fund the purchase of trees for the annual arbor day event at camden park. A matching grant of $12,500 to the friends of the wild flower garden to improve the walkway there. $12,200 to replace basket ball hoops in bethune and painter parks. In 2015 we disbursed $43,684. We funded the arbor day event at stewart park for $13,367. For the first time we offered a swimming scholarship program at a cost of $4,680 due to the high number of minority and immigrant children that die of drowning in our community. We also replaced the basketball hoops at beltrami park for $7,300. In several parks in minneapolis the basketball courts are so intensively used that the hoops wear out long before the board's capital budget can fund replacement. We have also had a "mini-grant" program for the last few years enabling a park director quickly move on a project priced under $500. We have continued to fund minneapolis arbor day in both 2016 and 2017 with $15,000 per year. Our swimming scholarship program continues and we also funded girls sports, particularly in the somali community, with a grant of just over $10,000. In 2018 grants totaling $74,104.00 were awarded to projects throughout the park system. In 2019, $17,085 total grants were awarded to logan park pavilion and minneapolis bike parks.
Operating model
- Revenue model
- Donor-supported. 98% 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.
The verdict
SUPPORTED - A large share of available resources goes toward mission work and the filed numbers largely add up. Program spending has declined or grown slowly and revenue has declined or grown slowly.
Rating breakdown
- Financial Efficiency: 78
- Transparency & Controls: 82
- Sustainability: 40
- Growth: 0
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 71.8%; rating input score 72
- Program expense ratio: 88.8%; rating input score 89
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: 19.7%; rating input score 69; 69th percentile among comparable filings
- Total-asset coverage ratio: 0; rating input score 2; 2nd percentile among comparable filings
- Liabilities to assets ratio: Limited
- Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings
Growth
- Program expense growth: -1% per year; rating input score 0; 59th percentile among comparable filings
- Revenue growth: -3.7% per year; rating input score 0; 52nd percentile among comparable filings
- Asset growth: -16.2% per year; rating input score 0; 11th percentile among comparable filings
Details
- Where the money goes: 71.8% of revenue deployed · 88.8% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment · $15K in reported program spending
- Leadership: top reported pay $0 · 4 people listed
- Consistency: 8 of 8 current checks pass
- Schedules: 3 filed schedules
- Filing history: 10 filing years from 2011 to 2020
- Contacts: How to reach this organization
- 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 — Growth: Program expense growth scored 0/100.
- High — Growth: Revenue growth scored 0/100.
- High — Sustainability: Total-asset coverage ratio scored 2/100.
- High — Growth: Asset growth scored 0/100.
- Review — Sustainability: Officer compensation ratio scored 56/100.