Zionsville Parks Foundation Inc

Nonprofit profile at a glance

EIN
852902312
IRS 990 coverage
2024–2024
Forms available
Form 990 2024, Form 990-EZ 2023, Form 990-N 2021
Location
Zionsville, IN, USA
Phone
3177691025
Rating
62
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Land Resources Conservation

Reported finances

Revenue
$419,589
Expenses
$98,304
Assets
$451,994
Liabilities
$0

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

Leadership & pay

17 people listed

Executive titles in this filing

  • NANCY CARPENTER (PRESIDENT)
  • ADDISON BRADFORD (VICE PRESIDENT)

People named in this filing

  • NANCY CARPENTER (PRESIDENT)
  • ADDISON BRADFORD (VICE PRESIDENT)
  • KELLY MASONCUP (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. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Zionsville parks foundation exists to preserve, enhance, and grow a thriving system of parks and programs for community enjoyment, education, and wellness. The zionsville parks foundation acts as a bridge between zionsville parks and community passion, channeling philanthropy, volunteerism, and vision into tangible improvements that make zionsville's parks more vibrant and enduring for current and future generations.

What it reported doing in 2024

Through philanthropic efforts, the zionsville parks foundation lives its mission of preserving, enhancing, and growing zionsville parks in several key ways. The foundation preserves green spaces by helping to maintain and grow natural areas and woodlands within zionsville parks so they remain safe, accessible, and enjoyable for all ages; and investing in sustainable initiatives such as native plantings, pollinator gardens, and reforestation, including native plant giveaways. Zionsville parks foundation enhances visitor experience by encouraging connection with nature through events, volunteer opportunities, and educational programs. It builds awareness of the wellness, environmental, and economic benefits of parks and trails, including growing community pride in zionsville parks.the foundation is focused on growing zionsville parks by directing resources to park improvements, new amenities, and supporting projects that add features such as playgrounds, shelters, benches, shade, and public art and seeks land acquisition opportunities to expand zionsville parks.

Operating model

Revenue model
Donor-supported. 100% of the money available for current operations came from contributions and gifts.
Distribution model
Hybrid. The nonprofit split its reported program spending across 78% for direct work, and 22% for grants.
  • Includes noncash contributions: Reported contributions include donated property or goods.

The verdict

SUPPORTED - 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: 29
  • Transparency & Controls: 94
  • Accountability: 76
  • Sustainability: 86
  • Growth: 60

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 11.7%; rating input score 12
  • Program expense ratio: 50.1%; rating input score 50
  • Fundraising efficiency: $17.61 raised per $1 spent on fundraising; rating input score 54; 54th percentile among comparable filings

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 64th percentile among comparable filings
  • Pay-setting controls: Limited
  • Foreign activity oversight: Limited
  • Grant itemization coverage: 100%; rating input score 100; 80th 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: 3 of 7 controls in place; rating input score 43
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Fail
    • Document-retention policy: Fail
    • CEO compensation review process: NotApplicable
    • Other executive compensation review process: NotApplicable
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Missing
    • Independent financial-statement audit: Fail

Sustainability

  • Operating margin: 76.6%; rating input score 97; 97th percentile among comparable filings
  • Total-asset coverage ratio: 4.6; rating input score 78; 78th percentile among comparable filings
  • Liabilities to assets ratio: 0; rating input score 80; 80th percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 69; 69th percentile among comparable filings

Growth

  • Program expense growth: Limited
  • Revenue growth: 85% per year; rating input score 100; 99th percentile among comparable filings
  • Asset growth: 83.9% per year; rating input score 100; 98th percentile among comparable filings

Details

  • Where the money goes: 11.7% of revenue deployed · 50.1% of spending went to programs
  • Governance: 17 of 17 board members independent · 3 of 7 filing controls reported
  • Programs: 1 filed program accomplishment · $49K in reported program spending
  • Leadership: top reported pay $0 · 17 people listed
  • Consistency: 23 of 23 current checks pass
  • Schedules: 5 filed schedules · includes major donors and grants
  • Contacts: How to reach this organization
  • Money network: 1 filed money-flow record
  • Related organizations: Filed and resolved organization relationships.
  • 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 — Financial Efficiency: Mission deployment rate scored 12/100.
  • Review — Financial Efficiency: Program expense ratio scored 50/100.
  • Moderate — Accountability: Governance controls: 3 of 6 not reported.
  • Review — Financial Efficiency: Fundraising efficiency scored 54/100.