Plano Parks Foundation
Nonprofit profile at a glance
- EIN
- 751921761
- IRS 990-EZ coverage
- 2017–2024
- Forms available
- Form 990-EZ 2024, Form 990-N 2023
- Location
- Plano, TX, USA
- Phone
- 9729417255
- Rating
- 72
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Parks and Playgrounds
Reported finances
- Revenue
- $64,300
- Expenses
- $25,818
- Assets
- $167,548
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
11 people listed
Executive titles in this filing
- HAYDEN PADGETT (PRESIDENT)
People named in this filing
- HAYDEN PADGETT (PRESIDENT)
- MARIA MOFFATT (VICE PRESIDE)
- JOHN STONE (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 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
The plano parks foundation's mission is to provide support to enhance the quality of public parks, open spaces and recreational facilities throughout the city of plano, tx.
What it reported doing in 2024
The foundation paid for the purchase and installation of winter rye in dog parks throughout the city of plano, Texas.
Operating model
- Revenue model
- Donor-supported. 91% 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 - The filed numbers largely add up and program spending has grown recently. A relatively small share of available resources goes toward mission work and reported officer compensation is a large share of total spending, which may reflect staffing concentration.
Rating breakdown
- Financial Efficiency: 46
- Transparency & Controls: 100
- Sustainability: 76
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 33.7%; rating input score 34
- Program expense ratio: 67%; rating input score 67
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
- Major donor itemization: Yes; rating input score 100
Sustainability
- Operating margin: 59.8%; rating input score 93; 93rd percentile among comparable filings
- Total-asset coverage ratio: 6.49; rating input score 88; 88th 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: 12.2% per year; rating input score 100; 75th percentile among comparable filings
- Revenue growth: 37.4% per year; rating input score 100; 95th percentile among comparable filings
- Asset growth: 6.3% per year; rating input score 100; 62nd percentile among comparable filings
Details
- Where the money goes: 33.7% of revenue deployed · 67% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 2 filed program accomplishments · $17K in reported program spending
- Leadership: top reported pay $0 · 11 people listed
- Consistency: 7 of 7 current checks pass
- Schedules: 3 filed schedules
- Filing history: 4 filing years from 2017 to 2024
- 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.
- Moderate — Financial Efficiency: Mission deployment rate scored 34/100.
- Review — Sustainability: Officer compensation ratio scored 56/100.