The Park Foundation

Nonprofit profile at a glance

EIN
261481033
IRS 990-EZ coverage
2011–2019
Forms available
Form 990 2017, Form 990-EZ 2019
Location
Arnolds Park, IA, USA
Phone
7123322183
Rating confidence
Limited
Sector
Single Organization Support

Reported finances

Revenue
$0
Expenses
$497,847
Assets
$0

Source: IRS Form 990-EZ. Selected filing: tax year 2019. Amounts in USD.

Leadership & pay

9 people listed

Executive titles in this filing

  • EW MASER (President)
  • Denny Walker (President)

People named in this filing

  • Paul Hedberg (Vice Chairman)
  • DENNIS WARD (Secretary)
  • BECKY BATCHELLER (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 2019. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

THE FOUNDATION'S PRIMARY PURPOSE IS TO ENHANCE THE NONPROFIT CHARITABLE OPERATIONS OF Historic Arnolds Park, Inc., a qualified nonprofit charitable organization located in Arnolds Park, IA. Historic Arnolds Park, Inc. owns and operates the HISTORIC ARNOLDS PARK AMUSEMENT PARK, QUEEN II EXCURSION BOAT AND MARITIME MUSEUM, ALL located IN THE IOWA GREAT LAKES REGION.

What it reported doing in 2019

THE FOUNDATION'S PRIMARY PURPOSE IS TO ENHANCE THE NONPROFIT CHARITABLE OPERATIONS OF Historic Arnolds Park, Inc., a qualified nonprofit charitable organization located in Arnolds Park, IA. Historic Arnolds Park, Inc. owns and operates the HISTORIC ARNOLDS PARK AMUSEMENT PARK, QUEEN II EXCURSION BOAT AND MARITIME MUSEUM, ALL located IN THE IOWA GREAT LAKES REGION. The Organization worked with Historic Arnolds Park, Inc. to assist in its capital campaign fund-raiser.

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
Transfer-based 990-EZ. The 990-EZ reports grants or member benefits, but it does not separate enough spending to show the nonprofit’s full delivery mix.

The verdict

- The available evidence is not sufficient to produce an overall rating for this filing. This is not a warning sign.

Rating breakdown

  • Financial Efficiency: NotEnoughData
  • Transparency & Controls: 82
  • Sustainability: 7
  • Growth: 40

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: Limited
  • Program expense ratio: Limited

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
  • Major donor itemization: Limited

Sustainability

  • Operating margin: Limited
  • 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: -81.8% per year; rating input score 0; 4th percentile among comparable filings
  • Revenue growth: 20% per year; rating input score 100; 92nd percentile among comparable filings
  • Asset growth: -25.2% per year; rating input score 0; 8th percentile among comparable filings

Details

  • Where the money goes: Financial trends and filed revenue, expense, asset, and liability detail
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment · $498K in reported program spending
  • Leadership: top reported pay $0 · 9 people listed
  • Consistency: 4 of 4 current checks pass
  • Schedules: 3 filed schedules
  • Filing history: 8 filing years from 2011 to 2019
  • Contacts: How to reach this organization
  • Money network: 1 filed money-flow record
  • 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: Total-asset coverage ratio scored 2/100.
  • High — Growth: Program expense growth scored 0/100.
  • High — Growth: Asset growth scored 0/100.
  • Review — Sustainability: Officer compensation ratio scored 56/100.