Urbana Parks Foundation
EIN: 260629385 · Urbana, IL · NTEE: T990
| Metric | Value |
|---|---|
| Total Revenue | $493K |
| Total Expenses | $481K |
| Net Assets | $1.2M |
Is Urbana Parks Foundation Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Urbana Parks Foundation
Urbana Parks Foundation (EIN: 260629385) is a nonprofit organization based in Urbana, IL, classified under NTEE code T990. The organization reported total revenue of $493K and total assets of $1.5M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Urbana Parks Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Urbana Parks Foundation is a small nonprofit that has been operating for 18 years, with 8 years of IRS 990 filings on record (2016–2023). Revenue has grown at a compound annual rate of 27.7%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $501K |
| Total Expenses | $481K |
| Surplus / Deficit | +$20K |
| Total Assets | $1.4M |
| Total Liabilities | $193K |
| Net Assets | $1.2M |
| Operating Margin | 4.0% |
| Debt-to-Asset Ratio | 14.1% |
| Months of Reserves | 34.1 months |
Financial Health Grade: A
In 2023, Urbana Parks Foundation reported a surplus of $20K with revenue exceeding expenses, holds 34.1 months of operating reserves (strong position), has a debt-to-asset ratio of 14.1% (very low leverage).
Financial Trends
Over 8 years of filings (2016–2023), Urbana Parks Foundation's revenue has grown at a compound annual growth rate (CAGR) of 27.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -15.7% | -69.1% | -15.4% |
| 2022 | -52.1% | +812.2% | -45.6% |
| 2021 | +29.6% | -20.1% | +44.6% |
| 2020 | +442.1% | +69.3% | +78.3% |
| 2019 | -38.5% | +42.3% | +4.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2008 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Urbana Parks Foundation 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 Urbana Parks Foundation 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 $20K, with revenue exceeding expenses.
- Debt-to-asset ratio: 14.1%.
Frequently Asked Questions about Urbana Parks Foundation
Is Urbana Parks Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Urbana Parks Foundation (EIN: 260629385) insufficient data. 0 red flags identified, 0 strengths noted.
How does Urbana Parks Foundation spend its money?
Detailed spending breakdown data is not yet available for Urbana Parks Foundation. Check back for updated IRS 990 analysis.
Are donations to Urbana Parks Foundation tax-deductible?
Urbana Parks Foundation is registered as a tax-exempt nonprofit (EIN: 260629385). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Urbana Parks Foundation located?
Urbana Parks Foundation is headquartered in Urbana, Illinois and files with the IRS under EIN 260629385. It is classified under NTEE code T990.
How many years of IRS 990 filings does Urbana Parks Foundation have?
Urbana Parks Foundation has 8 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 $493K in total revenue.
Filing History
IRS 990 filing history for Urbana Parks Foundation showing financial trends over 8 years of public records:
Over 8 years of IRS 990 filings (2016–2023), Urbana Parks Foundation's revenue has grown by 453.4%, moving from $91K to $501K. Total assets increased by 638.8% over the same period, from $185K to $1.4M. Total functional expenses rose by 462.4%, from $86K to $481K. In its most recent filing year (2023), Urbana Parks Foundation reported a surplus of $20K, with revenue exceeding expenses. The organization holds $193K in liabilities against $1.4M in assets (debt-to-asset ratio: 14.1%), resulting in net assets of $1.2M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $501K | $481K | $1.4M | $193K | — | — |
| 2022 | $594K | $1.6M | $1.6M | $437K | — | View 990 |
| 2021 | $1.2M | $171K | $3.0M | $2K | — | View 990 |
| 2020 | $957K | $214K | $2.0M | $157K | — | View 990 |
| 2019 | $177K | $126K | $1.1M | $0 | — | View 990 |
| 2018 | $287K | $89K | $1.1M | $0 | — | View 990 |
| 2017 | $773K | $50K | $908K | $0 | — | View 990 |
| 2016 | $91K | $86K | $185K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $501K, expenses of $481K, and assets of $1.4M (revenue -15.7% year-over-year).
- 2022: Revenue of $594K, expenses of $1.6M, and assets of $1.6M (revenue -52.1% year-over-year).
- 2021: Revenue of $1.2M, expenses of $171K, and assets of $3.0M (revenue +29.6% year-over-year).
- 2020: Revenue of $957K, expenses of $214K, and assets of $2.0M (revenue +442.1% year-over-year).
- 2019: Revenue of $177K, expenses of $126K, and assets of $1.1M (revenue -38.5% year-over-year).
- 2018: Revenue of $287K, expenses of $89K, and assets of $1.1M (revenue -62.9% year-over-year).
- 2017: Revenue of $773K, expenses of $50K, and assets of $908K (revenue +754.1% year-over-year).
- 2016: Revenue of $91K, expenses of $86K, and assets of $185K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Urbana Parks Foundation:
Data Sources and Methodology
This transparency report for Urbana Parks Foundation 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.