Westchester Parks Foundation Inc

Nonprofit profile at a glance

EIN
132937499
IRS 990 coverage
2011–2024
Forms available
Form 990 2024
Location
Mount Kisco, NY, USA
Phone
9142314600
Rating
79
Verdict
SUPPORTED
Rating confidence
Moderate

Official website

Reported finances

Revenue
$4,266,684
Expenses
$4,387,262
Assets
$4,539,112
Liabilities
$1,704,679

Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

29 people listed

Executive titles in this filing

  • JOSEPH STOUT (EXECUTIVE DIRECTOR)
  • CHRISTINE LA PORTA CFO (DEPUTY EXECUTIVE DIRECTOR)

Highest reported compensation

  • CHRISTINE LA PORTA CFO (DEPUTY EXECUTIVE DIRECTOR): $159,844 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Westchester parks foundation, inc. Is a not-for-profit organization whose mission is to invest in, advocate for, and enhance the over 50 parks of the westchester county parks system. Wpf promotes their value for the economic, social and aesthetic vitality of our community. Our goal is to stimulate public participation, interest and support in the preservation of nearly 18,000 acres of parks, trail ways, pathways and open spaces. Wpf helps to keep the parks system clean, green and growing!

What it reported doing in 2024

Camp mortyin 2024, camp morty experienced unprecedented growth and engagement, making it a record-breaking year for our camp community at sal j. Prezioso mountain lakes park! Westchester parks foundation staff dedicated months of planning over winter and spring, and camp morty received 617 applications for the 2024 camp season - a remarkable 38% increase from 2023 and the highest number of applications we've seen since the pandemic! This increase reflects the growing awareness of camp morty's mission and the value we provide to children and families in westchester county. Merriwood @ morty, continues to thrive. The 2024 season marked a milestone for merriwood as we opened its new site with four refurbished cabins, creating a vibrant and dedicated space for 90 campers in our teen empowerment program. In fact, nearly 40% of merriwood campers who attended camp morty in 2023 reapplied for 2024, either to continue their camp journey or to join our counselors-in-training (cit) program. This high return rate is a testament to the positive impact camp morty has on youth development, as families recognize the long-term benefits of their children's participation in our supportive and enriching environment.campers developed skills and confidence through our diverse programs, including adventurous fun on our newly refurbished zip line at the ropes course; improved swimming abilities in our waterfront program; cits giving back through a volunteer project, planting new trees and flowers throughout camp; brand-new shoes for our campers, generously donated by the scott j. Beigel memorial fund; and memorable moments like the camp talent show fostered creativity and camaraderie.

Operating model

Revenue model
Mixed. Its operating money came from several sources; no one source provided a clear majority.
Distribution model
Hybrid. The nonprofit split its reported program spending across 77% for direct work, and 23% for grants.
  • Includes noncash contributions: Reported contributions include donated property or goods.

The verdict

SUPPORTED - A large share of available resources goes toward mission work and the filed numbers largely add up. Fundraising costs are high for each dollar raised and expenses are high relative to revenue.

Rating breakdown

  • Financial Efficiency: 72
  • Transparency & Controls: 83
  • Accountability: 95
  • Sustainability: 34
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 78.9%; rating input score 79
  • Program expense ratio: 75.8%; rating input score 76
  • Fundraising efficiency: $6.56 raised per $1 spent on fundraising; rating input score 24; 24th percentile among comparable filings

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 63rd 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: Missing
    • Written employment contract: Missing
    • Compensation survey or study: Pass
    • Board or committee approval: Pass
  • Foreign activity oversight: Limited
  • Grant itemization coverage: 100%; rating input score 100; 72nd percentile among comparable filings
  • Major donor itemization: Yes; rating input score 100
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
  • Governance controls: 7 of 8 controls in place; rating input score 88
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Pass
    • CEO compensation review process: Pass
    • Other executive compensation review process: NotApplicable
    • Form 990 shared with the board: Fail
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Pass
    • Independent financial-statement audit: Pass

Sustainability

  • Operating margin: -2.8%; rating input score 25; 25th percentile among comparable filings
  • Total-asset coverage ratio: 1.03; rating input score 38; 38th percentile among comparable filings
  • Liabilities to assets ratio: 0.38; rating input score 28; 28th percentile among comparable filings
  • Officer compensation ratio: 3.6%; rating input score 64; 64th percentile among comparable filings

Growth

  • Program expense growth: 10.2% per year; rating input score 100; 64th percentile among comparable filings
  • Revenue growth: 9.6% per year; rating input score 100; 67th percentile among comparable filings
  • Asset growth: 7.3% per year; rating input score 100; 47th percentile among comparable filings

Details

  • Where the money goes: 78.9% of revenue deployed · 75.8% of spending went to programs
  • Governance: 27 of 27 board members independent · 7 of 8 filing controls reported
  • Programs: 4 filed program accomplishments · $3.3M in reported program spending
  • Leadership: top reported pay $160K · 29 people listed · 3 of 6 pay-setting controls reported
  • Highest-paid contractors: 4 contractors listed · $579K reported
  • Consistency: 39 of 39 current checks pass
  • Schedules: 9 filed schedules · includes major donors, grants, and executive pay
  • Filing history: 14 filing years from 2011 to 2024
  • Contacts: How to reach this organization
  • Money network: 4 filed money-flow records
  • Related organizations: 2 filed related-organization links
  • 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.

  • High — Financial Efficiency: Fundraising efficiency scored 24/100.
  • High — Sustainability: Operating margin scored 25/100.
  • Review — Accountability: Governance controls: Form 990 shared with the board not reported.
  • Moderate — Sustainability: Total-asset coverage ratio scored 38/100.
  • High — Sustainability: Liabilities to assets ratio scored 28/100.