Red Line Parkway Initiative
Nonprofit profile at a glance
- EIN
- 823422252
- IRS 990-EZ coverage
- 2023–2025
- Forms available
- Form 990 2022, Form 990-EZ 2025, Form 990-N 2021
- Location
- Austin, TX, USA
- Phone
- 5122037626
- Rating
- 68
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Parks and Playgrounds
Reported finances
- Revenue
- $155,626
- Expenses
- $172,641
- Assets
- $130,034
- Liabilities
- $276,291
Source: IRS Form 990-EZ. Selected filing: tax year 2025. Amounts in USD.
Leadership & pay
9 people listed
Executive titles in this filing
- Jeff Thompson (President)
People named in this filing
- Brianna Frey (Treasurer)
- Larry Graham (Director)
- Todd Hemingson (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 2025. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
We unite partners and communities to successfully plan, fund, build, and activate a celebrated Parkway that will be enjoyed for generations.
What it reported doing in 2025
Fund: We secured $30MM+ from the City of Austin to build the foundations for land bridges over I-35, also known as caps and stitches, for both Red Line Parkway crossings: at 4th Street and near 43rd Street. See more under the Build section. We were awarded $2MM of federal Transportation Alternatives funding by TxDOT for the Red Line Parkway Community Vision and Implementation Strategy, to be developed from 2026 through 2028. This builds off of the 2024 CapMetro Red Line Trail Study and will create the first-ever community vision for the Red Line Parkway, determine an end-to-end trail alignment, secure the space needed for the trail and linear park, identify funding for timeline-constrained implementation, and determine implementation roles and next steps. We secured $1MM in the CTRMA (Central Texas Regional Mobility Authority) FY26 budget for standalone trail projects, building off of a years-long effort with Austin Outside coalition allies. We presented to and worked with Austin Bond Election Advisory Task Force members to help ensure inclusion of urban trails funding in the proposed November 2026 bond election.
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
- 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. A relatively small share of available resources goes toward mission work and a relatively small share of total spending goes to programs.
Rating breakdown
- Financial Efficiency: 54
- Transparency & Controls: 100
- Sustainability: 24
- Growth: 0
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 55.7%; rating input score 56
- Program expense ratio: 50.2%; rating input score 50
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: -10.9%; rating input score 13; 13th percentile among comparable filings
- Total-asset coverage ratio: 0.75; rating input score 50; 50th percentile among comparable filings
- Liabilities to assets ratio: 2.12; rating input score 2; 2nd percentile among comparable filings
- Officer compensation ratio: 5.5%; rating input score 24; 24th percentile among comparable filings
Growth
- Program expense growth: -24.4% per year; rating input score 0; 9th percentile among comparable filings
- Revenue growth: -31.7% per year; rating input score 0; 1st percentile among comparable filings
- Asset growth: -23.5% per year; rating input score 0; 6th percentile among comparable filings
Details
- Where the money goes: 55.7% of revenue deployed · 50.2% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 4 filed program accomplishments · $87K in reported program spending
- Leadership: top reported pay $0 · 9 people listed
- Consistency: 7 of 7 current checks pass
- Schedules: 4 filed schedules
- Filing history: 3 filing years from 2023 to 2025
- Contacts: How to reach this organization
- Money network: 2 filed money-flow records
- 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.
- Review — Financial Efficiency: Mission deployment rate scored 56/100.
- Review — Financial Efficiency: Program expense ratio scored 50/100.
- High — Sustainability: Operating margin scored 13/100.
- High — Growth: Program expense growth scored 0/100.
- High — Growth: Revenue growth scored 0/100.
- High — Growth: Asset growth scored 0/100.
- Review — Sustainability: Total-asset coverage ratio scored 50/100.
- High — Sustainability: Liabilities to assets ratio scored 2/100.
- High — Sustainability: Officer compensation ratio scored 24/100.