Presque Isle Partnership INC FY2019 filing

Tax-deductible

Erie, PA501(c)(3)Recreation & SportsEIN 25-1737521Revenue $422K in FY2019

On file with the IRSdiscoverpi.com301 Peninsula Drive, 16505-2042 · Erie, PATax-exempt since Aug 1994Publicly supported charity — 170(b)(1)(A)(vi)

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To improve and promote Presque Isle state park and to provide environmental education.

501(c)(3) charity; gifts are tax-deductible.
64¢ of each $1 spent went to programs.
$56K paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · Pay: Part VII

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FY2019 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2024
latest Form 990
Looks good: the latest return is for FY2024, 2 tax years back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
4 of 6
filings with a surplus
Average surplus $17K a year · 6% of revenue · last 6 filings
Fine: a surplus in 4 of the last 6 filings.
Pt I · Ln 19 · 6 filings
Spent on programs
64%
of spending
Worth a look: 64% of spending went to programs; under 65%.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$56K
to officers and key staff · 14% of spending
Looks good: pay to officers and key staff is 14% of spending; 15% or less.
Pt VII · Sec A
Cash reserves
1 mo
of spending, in cash
Fine: 1.3 months of spending in cash; 1 to 3.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
2
named funders · $56K
Fine: 2 funders name it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$18K
7% of total assets
Looks good: liabilities are 7% of assets; 50% or less.
Pt X · Ln 26
Independent board members
17
of 17 voting members
Looks good: 17 of 17 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$422K
Spent
$409K
To programs
64%
Net assets
$224K
By yearFY2019–FY2024
Revenue
$422K
FY2019
Tap a bar for its year
Revenue by fiscal year
FY2019$422K
FY2020$201K
FY2021$312K
FY2022$237K
FY2023$324K
FY2024$314K
Expenses
$409K
FY2019
Tap a bar for its year
Expenses by fiscal year
FY2019$409K
FY2020$224K
FY2021$248K
FY2022$260K
FY2023$274K
FY2024$297K
Net assets
$224K
FY2019
Tap a bar for its year
Net assets by fiscal year
FY2019$224K
FY2020$211K
FY2021$288K
FY2022$272K
FY2023$333K
FY2024$355K

From the FY2019 Form 990 · see the original

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You’re viewing the FY2019 filing — not the latest on file. See the latest (FY2024) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Aug 1994.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

64 cents of each dollar spent went to programs.

Program services 64% · $263K Management & general 35% · $142K Fundraising 1% · $4K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

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Who runs it and what they're paid

18 people listed on the 990; $56K paid to officers and key staff.

Part VII, Section A · reportable compensation
Executive Director
$55,736Pt VII · Sec A
President
$0Pt VII · Sec A
Vice-President
$0Pt VII · Sec A
Secretary
$0Pt VII · Sec A
Treasurer
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A

Jon Demarco’s $74K as Executive Director is at the 81st percentile of top reported officer pay among 1016 $100K–1M recreation & sports nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 1 named individual · Part VII

NameFY2024FY2023FY2022FY2021FY2020FY2019
Jon Demarco$74,241$67,427$67,854$63,202$32,521$55,736

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

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Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aYes

Programs and updates

Improves and promotes Presque Isle State Park, offering environmental education.

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Provided by the organization

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3 programs · $263K · in their own filed words · FY2019
01

Park and Special Events.

To promote the enjoyment of Presque Isle State Park through educational and recreational activities.

$148Kprogram expense
02

Nature Shop

To educate and inform about Presque Isle State Park.

$107Kprogram expense
03

Park Projects

Improvements and renovations to enhance the quality of Presque Isle State Park for all users.

$7Kprogram expense

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · funders on record
Grants received · FY2024
Group ReturnFY2024$10K
Total grants receivedfrom 2 funders$56K

By the numbers

The FY2019 990, line by line.

1The main four
Money inPt VIII
$422K
Ln 12
Gifts and grantsLn 1h$161K
Fees for servicesLn 2g$129K
Other incomeLn 4–11$120K
Money outPt IX
$409K
Ln 25
Programscol B$263K
Managementcol C$142K
Fundraisingcol D$4K
Owns and owesPt X
$224K
net assets · Ln 32
Cash and savingsLn 1–2$45K
Total assetsLn 16$242K
LiabilitiesLn 26$18K
PeoplePt VI, VII
18
listed · VII A
PaidVII A1
Voting boardVI 1a17
IndependentVI 1b17
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$161K
Government grantsLn 1e$4K
Fees for servicesLn 2g$129K
Investment incomeLn 3$13K
Other incomeLn 4–11$120K
Gains on assetsLn 7$12K
Total revenueLn 12$422K
Assets in detailPt X, end of year
CashLn 1$9K
SavingsLn 2$36K
Cash and savings togetherLn 1–2$45K
InvestmentsLn 11–13$83K
Land, buildings, equipmentLn 10c$23K
Total assetsLn 16$242K
LiabilitiesLn 26$18K
Net assetsLn 32$224K
OperationsPt I, VI
EmployeesI 53
VolunteersI 6100
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14No
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY19End FY19
Cash and savingsLn 1–2$55K$45K
InvestmentsLn 11–13$70K$83K
Land, buildings, equipmentLn 10c$39K$23K
Total assetsLn 16$237K$242K
LiabilitiesLn 26$26K$18K
Net assetsLn 32$210K$224K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Pay of current officers, directors and key staffLn 5$56K$33K$22K
Other salaries and wagesLn 7$93K$56K$37K
Pension plan contributionsLn 8$3K$2K$2K
Other employee benefitsLn 9$14K$7K$7K
Payroll taxesLn 10$15K$10K$5K
Legal feesLn 11b$29K$12K$18K
Other fees for servicesLn 11g$6K$6K$254$233
Advertising and promotionLn 12$26K$16K$8K$3K
Information technologyLn 14$19K$34$18K$100
TravelLn 17$1K$613$880
Depreciation, depletion and amortizationLn 22$17K$6K$11K
InsuranceLn 23$4K$4K
Other expenses (24a–d)Ln 24$111K$108K$3K$21
All other expensesLn 24e$14K$7K$5K$1K
Total functional expensesLn 25$409K$263K$142K$4K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest $314K$297K$18K$355K 990 PDF
FY2023 $324K$274K$50K$333K 990 PDF
FY2022 $237K$260K−$23K$272K 990 PDF
FY2021 $312K$248K$64K$288K 990 PDF
FY2020 $201K$224K−$23K$211K 990 PDF
FY2019 Viewing $422K$409K$14K$224K 990 PDF

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Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
See the full FY2019 990 (6 parts)
Part I · Summary $422,466 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $195,812$160,811
I-9 Program service revenuePrior year $0$128,845
I-10 Investment incomePrior year −$309$12,761
I-11 Other revenuePrior year $842,386$120,049
I-12 Total revenuePrior year $1,037,889$422,466
I-13 Grants and similar amounts paidPrior year $0$0
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $268,954$181,468
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $939,376$227,184
I-18 Total expensesPrior year $1,208,330$408,652
I-19 Revenue less expensesPrior year −$170,441$13,814
Part VI · Governance 17 of 17 board members independent, 1 to look at
VI-1a Voting members of the governing body17
VI-1b Independent voting members17
VI-14 Document retention and destruction policyNo
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
VI-13 Written whistleblower policyYes
VI-15a Process for setting top official's payYes
Part VIII · Statement of revenue $422,466 across 8 lines filed
Lines not itemized here account for $120,049 of total revenue; see the IRS return.
VIII-1b Membership dues$27,625
VIII-1e Government grants$4,399
VIII-1f All other contributions, gifts and grants$128,787
VIII-1h Total contributions, gifts and grants$160,811
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $128,845$128,845
VIII-3 Investment incomeExcluded from tax $1,087$1,087
VIII-7 Net gain or loss on sales of assetsExcluded from tax $11,674$11,674
VIII-12 Total revenueRelated to mission $128,845 · Unrelated business $120,049 · Excluded from tax $12,761$422,466
Part IX · Statement of functional expenses $408,652 across 14 lines filed
IX-5 Pay of current officers, directors and key staffPrograms $33,442 · Management $22,294$55,736
IX-7 Other salaries and wagesPrograms $55,694 · Management $37,110$92,804
IX-8 Pension plan contributionsPrograms $1,646 · Management $1,652$3,298
IX-9 Other employee benefitsPrograms $7,137 · Management $7,143$14,280
IX-10 Payroll taxesPrograms $9,962 · Management $5,388$15,350
IX-11b Legal feesPrograms $11,606 · Management $17,752$29,358
IX-11g Other fees for servicesPrograms $5,721 · Management $254 · Fundraising $233$6,208
IX-12 Advertising and promotionPrograms $15,698 · Management $7,642 · Fundraising $2,626$25,966
IX-14 Information technologyPrograms $34 · Management $18,493 · Fundraising $100$18,627
IX-17 TravelPrograms $613 · Management $880$1,493
IX-22 Depreciation, depletion and amortizationPrograms $5,973 · Management $11,076$17,049
IX-23 InsuranceManagement $3,688$3,688
IX-24 Other expenses (24a–d)Programs $108,183 · Management $2,859 · Fundraising $21$111,063
IX-24e All other expensesPrograms $7,048 · Management $5,478 · Fundraising $1,206$13,732
IX-25 Total functional expensesPrograms $262,757 · Management $141,709 · Fundraising $4,186$408,652
Part X · Balance sheet $242,280 assets, 15 lines filed
X-1 Cash, non-interest-bearingStart of year $18,776$9,230
X-2 Savings and temporary cash investmentsStart of year $35,757$35,527
X-4 Accounts receivableStart of year $0$8,145
X-8 Inventories for sale or useStart of year $72,034$83,362
X-9 Prepaid expenses and deferred chargesStart of year $921$0
X-10c Land, buildings and equipment, netStart of year $39,380$23,351
X-11 Publicly traded securitiesStart of year $70,061$82,665
X-16 Total assetsStart of year $236,929$242,280
X-17 Accounts payable and accrued expensesStart of year $14,179$13,965
X-25 Other liabilitiesStart of year $12,313$4,064
X-26 Total liabilitiesStart of year $26,492$18,029
X-27 Net assets without donor restrictionsStart of year $150,680$138,724
X-28 Net assets with donor restrictionsStart of year $59,757$85,527
X-32 Total net assets or fund balancesStart of year $210,437$224,251
X-33 Total liabilities and net assetsStart of year $236,929$242,280
Part XI · Reconciliation of net assets $224,251 net assets at year end
XI-1 Total revenue$422,466
XI-2 Total expenses$408,652
XI-3 Revenue less expenses$13,814
XI-4 Net assets at start of year$210,437
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$224,251

Form 990 e-file (XML) FY2019 from the IRS · Classification, formation year and address from the IRS Business Master File

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