City Parks Foundation Inc
City Parks Foundation maintains stable finances with consistent revenue and assets, but executive compensation details are not disclosed.
EIN: 133561657 · New York, NY · NTEE: N32I · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $28.8M |
| Total Expenses | $22.7M |
| Program Spending | 85% |
| CEO/Top Officer Pay | $20 |
| Net Assets | $37.6M |
| Transparency Score | 75/100 |
Is City Parks Foundation Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
City Parks Foundation Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About City Parks Foundation Inc
City Parks Foundation Inc (EIN: 133561657) is a nonprofit organization based in New York, NY, classified under NTEE code N32I. The organization reported total revenue of $28.8M and total assets of $46.9M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of City Parks Foundation Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
City Parks Foundation Inc is a large nonprofit that has been operating for 36 years, with 13 years of IRS 990 filings on record (2012–2023). Revenue has grown at a compound annual rate of 5.5%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $23.4M |
| Total Expenses | $22.7M |
| Surplus / Deficit | +$696K |
| Total Assets | $41.0M |
| Total Liabilities | $3.4M |
| Net Assets | $37.6M |
| Operating Margin | 3.0% |
| Debt-to-Asset Ratio | 8.3% |
| Months of Reserves | 21.7 months |
Financial Health Grade: A
In 2023, City Parks Foundation Inc reported a surplus of $696K with revenue exceeding expenses, holds 21.7 months of operating reserves (strong position), has a debt-to-asset ratio of 8.3% (very low leverage).
Financial Trends
Over 13 years of filings (2012–2023), City Parks Foundation Inc's revenue has grown at a compound annual growth rate (CAGR) of 5.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -0.8% | -3.6% | +7.4% |
| 2022 | +11.4% | +32.4% | -17.7% |
| 2021 | +64.6% | +22.8% | +13.0% |
| 2020 | -47.1% | -40.9% | +5.3% |
| 2019 | +29.2% | +32.3% | +3.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1990 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates City Parks Foundation Inc with a Mission Score of 75 out of 100 (Good). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 10%
- programs: 85%
- fundraising: 5%
According to IRS 990 filings, City Parks Foundation Inc allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $696K, with revenue exceeding expenses.
- Debt-to-asset ratio: 8.3%.
Executive Compensation Analysis
The IRS 990 filings consistently report 0% officer compensation, which makes it impossible to analyze executive compensation relative to the organization's size and overall expenses. This lack of reported compensation for officers is unusual for an organization of this scale with annual revenues often exceeding $20 million.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of City Parks Foundation Inc's IRS 990 filings:
- Consistent 0% officer compensation reported, lacking transparency on leadership remuneration.
- Significant fluctuations in annual revenue (e.g., $24.2M in 2019 vs. $12.8M in 2020), which could indicate reliance on variable funding sources.
Strengths
The following positive indicators were identified for City Parks Foundation Inc:
- Strong and consistent asset base, averaging over $40 million in recent years, indicating financial stability.
- Generally responsible expense management, with expenses often below or closely aligned with revenue (e.g., 2023 expenses $22,683,563 vs. revenue $23,379,401).
- Clear alignment between organization name and NTEE code (N32I - Parks, Playgrounds, or Horticultural Areas), suggesting a focused mission.
Frequently Asked Questions about City Parks Foundation Inc
Is City Parks Foundation Inc a legitimate charity?
City Parks Foundation Inc (EIN: 133561657) is a registered tax-exempt nonprofit based in New York. Our AI analysis gives it a Mission Score of 75/100. It has 13 years of IRS 990 filings on record. Total revenue: $28.8M. 2 red flags identified. 3 strengths noted. Financial health grade: A.
How does City Parks Foundation Inc spend its money?
City Parks Foundation Inc directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to City Parks Foundation Inc tax-deductible?
City Parks Foundation Inc is registered as a tax-exempt nonprofit (EIN: 133561657). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the City Parks Foundation Inc CEO make?
City Parks Foundation Inc's highest-compensated officer earns $20 annually. The organization reported $28.8M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of City Parks Foundation Inc's spending goes to programs?
City Parks Foundation Inc directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does City Parks Foundation Inc compare to similar nonprofits?
With a transparency score of 75/100 (Good), City Parks Foundation Inc is above average for NTEE category N32I nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is City Parks Foundation Inc located?
City Parks Foundation Inc is headquartered in New York, New York and files with the IRS under EIN 133561657. It is classified under NTEE code N32I.
How many years of IRS 990 filings does City Parks Foundation Inc have?
City Parks Foundation Inc has 13 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $28.8M in total revenue.
Is City Parks Foundation Inc a good charity?
Based on its financial stability, consistent revenue generation, and healthy asset base, City Parks Foundation Inc appears to be a financially sound organization. However, the lack of reported officer compensation in its IRS 990 filings is a transparency concern that potential donors might want to investigate further.
Why is officer compensation consistently reported as 0%?
The IRS 990 filings for City Parks Foundation Inc consistently show 0% for officer compensation. This could mean that officers are uncompensated volunteers, compensated through a related entity not reflected in this specific section, or that the compensation is reported under a different category. Further inquiry directly with the organization would be needed for clarification.
How has the organization's financial health trended over the past few years?
The organization has shown consistent financial health. Revenues have generally been strong, ranging from $12.8 million in 2020 to $24.2 million in 2019, with assets consistently above $38 million. In 2023, revenue was $23,379,401 and assets were $40,999,442, indicating continued stability.
Filing History
IRS 990 filing history for City Parks Foundation Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2012–2023), City Parks Foundation Inc's revenue has grown by 81%, moving from $12.9M to $23.4M. Total assets increased by 16.9% over the same period, from $35.1M to $41.0M. Total functional expenses rose by 76.6%, from $12.8M to $22.7M. In its most recent filing year (2023), City Parks Foundation Inc reported a surplus of $696K, with revenue exceeding expenses. The organization holds $3.4M in liabilities against $41.0M in assets (debt-to-asset ratio: 8.3%), resulting in net assets of $37.6M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $23.4M | $22.7M | $41.0M | $3.4M | — | — |
| 2022 | $23.6M | $23.5M | $38.2M | $2.7M | — | View 990 |
| 2021 | $21.1M | $17.8M | $46.4M | $4.0M | — | View 990 |
| 2020 | $12.8M | $14.5M | $41.0M | $3.5M | — | — |
| 2019 | $24.3M | $24.5M | $39.0M | $1.6M | — | View 990 |
| 2018 | $18.8M | $18.5M | $37.8M | $1.4M | — | View 990 |
| 2017 | $22.8M | $20.3M | $42.9M | $2.0M | — | View 990 |
| 2016 | $15.6M | $16.3M | $38.3M | $1.5M | — | View 990 |
| 2016 | $18.1M | $20.4M | $39.6M | $2.6M | — | View 990 |
| 2015 | $13.4M | $17.2M | $41.7M | $1.4M | — | View 990 |
| 2014 | $20.1M | $16.3M | $45.3M | $2.0M | — | View 990 |
| 2013 | $16.5M | $13.2M | $39.4M | $1.3M | — | View 990 |
| 2012 | $12.9M | $12.8M | $35.1M | $1.3M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $23.4M, expenses of $22.7M, and assets of $41.0M (revenue -0.8% year-over-year).
- 2022: Revenue of $23.6M, expenses of $23.5M, and assets of $38.2M (revenue +11.4% year-over-year).
- 2021: Revenue of $21.1M, expenses of $17.8M, and assets of $46.4M (revenue +64.6% year-over-year).
- 2020: Revenue of $12.8M, expenses of $14.5M, and assets of $41.0M (revenue -47.1% year-over-year).
- 2019: Revenue of $24.3M, expenses of $24.5M, and assets of $39.0M (revenue +29.2% year-over-year).
- 2018: Revenue of $18.8M, expenses of $18.5M, and assets of $37.8M (revenue -17.7% year-over-year).
- 2017: Revenue of $22.8M, expenses of $20.3M, and assets of $42.9M (revenue +46.1% year-over-year).
- 2016: Revenue of $15.6M, expenses of $16.3M, and assets of $38.3M (revenue -13.8% year-over-year).
- 2016: Revenue of $18.1M, expenses of $20.4M, and assets of $39.6M (revenue +35.4% year-over-year).
- 2015: Revenue of $13.4M, expenses of $17.2M, and assets of $41.7M (revenue -33.4% year-over-year).
- 2014: Revenue of $20.1M, expenses of $16.3M, and assets of $45.3M (revenue +22.0% year-over-year).
- 2013: Revenue of $16.5M, expenses of $13.2M, and assets of $39.4M (revenue +27.5% year-over-year).
- 2012: Revenue of $12.9M, expenses of $12.8M, and assets of $35.1M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for City Parks Foundation Inc:
Data Sources and Methodology
This transparency report for City Parks Foundation Inc is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.