Southern Gateway Public Green Foundation
Nonprofit profile at a glance
- EIN
- 823991844
- IRS 990 coverage
- 2022–2024
- Forms available
- Form 990 2024, Form 990-N 2021
- Location
- Dallas, TX, USA
- Phone
- 2144008607
- Rating
- 59
- Verdict
- MIXED
- Rating confidence
- Moderate
- Sector
- Community Coalitions
Reported finances
- Revenue
- $17,532,531
- Expenses
- $1,458,311
- Assets
- $56,869,527
- Liabilities
- $8,687,391
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
19 people listed
Executive titles in this filing
- April Allen (President & CEO)
Highest reported compensation
- Anne Hagan (VP Strat Init.): $162,450 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
The Southern Gateway Public Green Foundations (the Foundation) mission is to achieve transformational change for Southern Dallas communities by developing greenspace and serving as a catalyst for infrastructure reinvestment that can improve the surrounding communities cultural capital, health outcomes, safety and stability, home values, educational opportunities, and economic standing.
What it reported doing in 2024
The only program service of southern gateway public green foundation is to design, construct, and operate a park, creating more than five acres of new urban green space as a focal point for development and economic revitalization of southern dallas.
Operating model
- Revenue model
- Donor-supported. 78% 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
MIXED - The filed numbers largely add up and most voting board members are independent. 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: 19
- Transparency & Controls: 79
- Accountability: 90
- Sustainability: 85
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 3.4%; rating input score 3
- Program expense ratio: 27.6%; rating input score 28
- Fundraising efficiency: $32.49 raised per $1 spent on fundraising; rating input score 68; 68th percentile among comparable filings
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 62nd percentile among comparable filings
- Pay-setting controls: 3 of 6 controls in place; rating input score 50
- Compensation committee: Pass
- Independent consultant: Missing
- Other Form 990s reviewed: Pass
- Written employment contract: Missing
- Compensation survey or study: Missing
- Board or committee approval: Pass
- Foreign activity oversight: Limited
- Grant itemization coverage: Limited
- Major donor itemization: Yes; rating input score 100
- Related-party transparency: Limited
Accountability
- Independent voting board: 100%; rating input score 100; 66th percentile among comparable filings
- Governance controls: 6 of 8 controls in place; rating input score 75
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Pass
- CEO compensation review process: NotApplicable
- Other executive compensation review process: Fail
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Fail
- Independent financial-statement audit: Pass
Sustainability
- Operating margin: 91.7%; rating input score 99; 99th percentile among comparable filings
- Total-asset coverage ratio: 39; rating input score 99; 99th percentile among comparable filings
- Liabilities to assets ratio: 0.15; rating input score 65; 65th percentile among comparable filings
- Officer compensation ratio: 11.1%; rating input score 16; 16th percentile among comparable filings
Growth
- Program expense growth: 6.1% per year; rating input score 100; 50th percentile among comparable filings
- Revenue growth: 44% per year; rating input score 100; 98th percentile among comparable filings
- Asset growth: 79.9% per year; rating input score 100; 99th percentile among comparable filings
Details
- Where the money goes: 3.4% of revenue deployed · 27.6% of spending went to programs
- Governance: 16 of 16 board members independent · 6 of 8 filing controls reported
- Programs: 1 filed program accomplishment · $402K in reported program spending
- Leadership: top reported pay $162K · 19 people listed · 3 of 6 pay-setting controls reported
- Highest-paid contractors: 3 contractors listed · $28.1M reported
- Consistency: 25 of 25 current checks pass
- Schedules: 5 filed schedules · includes major donors and executive pay
- Filing history: 3 filing years from 2022 to 2024
- Contacts: How to reach this organization
- Money network: 1 filed money-flow record
- 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.
- Staff and benefit plans: Retirement and health plans the organization files with the Department of Labor, and the people in them.
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 — Financial Efficiency: Mission deployment rate scored 3/100.
- High — Financial Efficiency: Program expense ratio scored 28/100.
- Review — Accountability: Governance controls: 2 of 8 not reported.
- High — Sustainability: Officer compensation ratio scored 16/100.
- High — Grant Readiness: Federal audit findings: this organization reported findings in its latest federal Single Audit.