The Parks Foundation Of Hendricks County Inc
EIN: 263956104 · Danville, IN · NTEE: C113
| Metric | Value |
|---|---|
| Total Revenue | $241K |
| Total Expenses | $146K |
| Net Assets | $151K |
Is The Parks Foundation Of Hendricks County Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About The Parks Foundation Of Hendricks County Inc
The Parks Foundation Of Hendricks County Inc (EIN: 263956104) is a nonprofit organization based in Danville, IN, classified under NTEE code C113. The organization reported total revenue of $241K and total assets of $185K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of The Parks Foundation Of Hendricks County Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
The Parks Foundation Of Hendricks County Inc is a small nonprofit that has been operating for 17 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 10.8%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $191K |
| Total Expenses | $146K |
| Surplus / Deficit | +$45K |
| Total Assets | $151K |
| Net Assets | $151K |
| Operating Margin | 23.7% |
| Months of Reserves | 12.4 months |
Financial Health Grade: A
In 2023, The Parks Foundation Of Hendricks County Inc reported a surplus of $45K with revenue exceeding expenses, holds 12.4 months of operating reserves (strong position).
Financial Trends
Over 13 years of filings (2011–2023), The Parks Foundation Of Hendricks County Inc's revenue has grown at a compound annual growth rate (CAGR) of 10.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +91.9% | -0.4% | +42.9% |
| 2022 | +3.8% | +106.5% | -30.7% |
| 2021 | +80.8% | -8.1% | +27.1% |
| 2020 | -40.5% | -38.6% | -16.9% |
| 2019 | +64.4% | +144.4% | -5.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2009 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for The Parks Foundation Of Hendricks County Inc has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates The Parks Foundation Of Hendricks County Inc with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $45K, with revenue exceeding expenses.
Frequently Asked Questions about The Parks Foundation Of Hendricks County Inc
Is The Parks Foundation Of Hendricks County Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, The Parks Foundation Of Hendricks County Inc (EIN: 263956104) insufficient data. 0 red flags identified, 0 strengths noted.
How does The Parks Foundation Of Hendricks County Inc spend its money?
Detailed spending breakdown data is not yet available for The Parks Foundation Of Hendricks County Inc. Check back for updated IRS 990 analysis.
Are donations to The Parks Foundation Of Hendricks County Inc tax-deductible?
The Parks Foundation Of Hendricks County Inc is registered as a tax-exempt nonprofit (EIN: 263956104). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is The Parks Foundation Of Hendricks County Inc located?
The Parks Foundation Of Hendricks County Inc is headquartered in Danville, Indiana and files with the IRS under EIN 263956104. It is classified under NTEE code C113.
How many years of IRS 990 filings does The Parks Foundation Of Hendricks County Inc have?
The Parks Foundation Of Hendricks County 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 $241K in total revenue.
Filing History
IRS 990 filing history for The Parks Foundation Of Hendricks County Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), The Parks Foundation Of Hendricks County Inc's revenue has grown by 242.6%, moving from $56K to $191K. Total assets increased by 153.1% over the same period, from $60K to $151K. Total functional expenses rose by 507.6%, from $24K to $146K. In its most recent filing year (2023), The Parks Foundation Of Hendricks County Inc reported a surplus of $45K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $191K | $146K | $151K | $0 | — | — |
| 2022 | $99K | $146K | $106K | $0 | — | View 990 |
| 2021 | $96K | $71K | $152K | $0 | — | View 990 |
| 2020 | $53K | $77K | $120K | $0 | — | — |
| 2019 | $89K | $125K | $144K | $432 | — | View 990 |
| 2018 | $54K | $51K | $153K | $266 | — | View 990 |
| 2017 | $61K | $53K | $150K | $0 | — | View 990 |
| 2016 | $84K | $71K | $142K | $0 | — | View 990 |
| 2015 | $79K | $41K | $129K | $0 | — | View 990 |
| 2014 | $39K | $20K | $91K | $0 | — | View 990 |
| 2013 | $29K | $24K | $71K | $0 | — | View 990 |
| 2012 | $38K | $31K | $67K | $0 | — | View 990 |
| 2011 | $56K | $24K | $60K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $191K, expenses of $146K, and assets of $151K (revenue +91.9% year-over-year).
- 2022: Revenue of $99K, expenses of $146K, and assets of $106K (revenue +3.8% year-over-year).
- 2021: Revenue of $96K, expenses of $71K, and assets of $152K (revenue +80.8% year-over-year).
- 2020: Revenue of $53K, expenses of $77K, and assets of $120K (revenue -40.5% year-over-year).
- 2019: Revenue of $89K, expenses of $125K, and assets of $144K (revenue +64.4% year-over-year).
- 2018: Revenue of $54K, expenses of $51K, and assets of $153K (revenue -10.5% year-over-year).
- 2017: Revenue of $61K, expenses of $53K, and assets of $150K (revenue -27.8% year-over-year).
- 2016: Revenue of $84K, expenses of $71K, and assets of $142K (revenue +5.8% year-over-year).
- 2015: Revenue of $79K, expenses of $41K, and assets of $129K (revenue +104.4% year-over-year).
- 2014: Revenue of $39K, expenses of $20K, and assets of $91K (revenue +36.0% year-over-year).
- 2013: Revenue of $29K, expenses of $24K, and assets of $71K (revenue -25.5% year-over-year).
- 2012: Revenue of $38K, expenses of $31K, and assets of $67K (revenue -31.2% year-over-year).
- 2011: Revenue of $56K, expenses of $24K, and assets of $60K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for The Parks Foundation Of Hendricks County Inc:
Data Sources and Methodology
This transparency report for The Parks Foundation Of Hendricks County 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.