Kettering Parks Foundation EIN 31-1050162 Form 990 (PDF) Claim this org

Kettering Parks Foundation

Not yet claimed Claim this org →

Enhances the quality of life for all Kettering, Ohio residents. For fiscal year 2025 it reported $223K in revenue, $75K in expenses, and $711K in net assets.Pt I

Type
Public charity (501(c)(3)) · Recreation & Sports
Location
Kettering, OH
Website
www.ketteringparksfoundation.org
Filings
4 on file (2022–2025)
Revenue
$223KFY2025
Expenses
$75K
Net assets
$711K
People
10
Filings
4
Updates
0
More identity details & actions ⌄
EIN  31-1050162 Public charity (501(c)(3)) Kettering, OH
Form 990 (PDF)
Compare with another nonprofit →
Is this your organization?
Claim this profile to manage it and share your story.
Claim
Provided by the organization

This section is blank until Kettering Parks Foundation claims this page.

Know this organization? Claim it to add your story

Size
$100K–1M
What they do
Enhances the quality of life for all Kettering, Ohio residents.
Leadership
David Bodary · President
Money in and out
$223K revenue, $75K expenses
Bottom line
78% program efficiency
Where the money goes · FY2025
Total revenue
$223K
Pt VIII · Ln 12
Total expenses
$75K
Pt IX · Ln 25
Net assets
$711K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $148K
Where spending went · Part IX cols B–D
Program services $0.78 Management & general $0.22
Program efficiency
78%
of spending reaches programs▲ +28% vs prior filing year
Operating runway
155.0mo
months of highly liquid reserves at operating expense rate▼ -45% vs prior filing year
Surplus margin
+67%
revenue over expenses, this year▲ +25% vs prior filing year

Summary of the Filing

Part I · fiscal year 2025 · Form 990
Revenue
$223K
FY2025▲ +85%
Expenses
$75K
FY2025▲ +32%
Total assets
$963K
FY2025▼ -30%
Total liabilities
$252K
FY2025▼ -71%
Total revenue
$223K
Pt VIII · Ln 12
Total expenses
$75K
Pt IX · Ln 25
Net assets
$711K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$148K
Total assetsPt X · Ln 16$963K
Program-expense ratioPt IX · col B78%
Voting members of governing bodyPt I · Ln 310
Independent voting membersPt I · Ln 410
Mission & Programs · Part III

Where the work happens

3 program services account for $58K of program spending, described in the organization's own filed words · FY2024.
01

To contribute to the quality of the urban setting in kettering, ohio by providing financial assistance in the acquisition, improvement, preservation, conservation, and rehabilitation of public open spaces, facilities, gardens, parks, and other natural resources.

$43Kprogram expense
02

To contribute to the quality of life in kettering, ohio by providing financial assistance for community projects that enhance the lives of its residents, with emphasis on its youth and special populations.

$8Kprogram expense
03

To contribute to the quality of life in kettering, ohio by providing implementation AND/OR development of cultural, recreational, and educational enrichment programs, activities, and facilities that benefit the health and individual leisure needs of persons living in the kettering community.

$7Kprogram expense

Run this program? Claim this org to tell your story

Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CKettering Parks Foundation
EINHdr · item D31-1050162
Principal addressHdr · item CKettering, OH
Year of formationHdr · item Lpending
State of legal domicileHdr · item MOH
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFRecreation & Sports (N32I)
Ruling yearIRS BMFMar 1983

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a10
Independent voting membersPt VI · Ln 1b10
Conflict-of-interest policyPt VI · Ln 12aNo
Whistleblower policyPt VI · Ln 13No
Document retention policyPt VI · Ln 14No
CEO/top-official compensation independently reviewedPt VI · Ln 15aNo
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation · most recent filed roster (FY2024); the FY2025 filing did not itemize Part VII
President
$0Pt VII · Sec A
$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
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
See Kettering Parks Foundation executive salaries →

Are you one of these people? Claim this org to confirm your role

Statement of Revenue

Part VIII
Contributions & grants$149K · 67%
Investment income$69K · 31%
Other revenue$5K · 2%
Contributions & grants67%$149K
Investment income31%$69K
Other revenue2%$5K
Total revenueLn 12$223K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.78 Management & general $0.22
Program services78%$58K
Management & general22%$16K
Total functional expensesLn 25$75K

Balance Sheet

Part X · end of year
CashLn 1$216K
Total assetsLn 16$963K
Total liabilitiesLn 26$252K
Total net assetsLn 32$711K
Months of cash on handcomputed34.7

Financial Metrics

Form 990 · FY2025 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $963K · Operating expenses/yr $75K
155.0 months
Where the money goes
Program services
Program services $58K · Total expenses $75K
78%
Management & General
Management & general $16K · Total expenses $75K
22%
Fundraising
Fundraising $0 · Total expenses $75K
0%
Cost to raise $1
Fundraising expense (3-yr avg) $0 · Solicited contributions (3-yr avg) $65K
Solicited contributions below reporting floor
Where the money comes from
Contribution dependence
Contributions & grants $149K · Total revenue $223K
67%
Government reliance
Government grants $0 · Total revenue $223K
0%
Earned-income share
Program service revenue $0 · Total revenue $223K
0%
Investment reliance
Investment income $69K · Total revenue $223K
+31%
Program self-sufficiency
Program service revenue $0 · Total expenses $75K
0%
Growth & trend
Revenue growth (YoY)
This year $223K · Prior year $120K
+85%
Net-asset trend (YoY)
End of year $711K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $223K · Expenses $75K
+67%
Liabilities-to-Assets
Total liabilities — · Total assets $963K
Net-asset ratio
Net assets $711K · Total assets $963K
74%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) $747K · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $963K
78%
People & payroll
Highest Reported Total Compensation
Individual David Bodary · Reported title PRESIDENT · Highest reported compensation $0 · Total expenses $75K
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) — · Total expenses $75K
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 78%
Overhead ratio 22%
Fundraising cost ratio 0%
Revenue growth 85%
Investment management fee ratio 0.8%
Accounting fee ratio 5%

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

Grants

Schedule I · funders on record
Grants received · FY2024
Total grants receivedfrom 1 funder$7K

Similar Organizations

Closest in mission — by what they do
See all organizations like Kettering Parks Foundation →

Compare

Search another nonprofit to view revenue, expenses, assets, key metrics, and leaders side by side

Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2025 (Latest)$223K revenue · viewing · ⤓ 990 PDF
FY2024$120K revenue · ⤓ 990 PDF
FY2023$83K revenue · ⤓ 990 PDF
FY2022$46K revenue · ⤓ 990 PDF

Want to add your own materials alongside these filings? Claim this org

Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2025IRS
Classification, formation year, addressIRS Business Master File
Names, privacy, and removal requests More

The names, titles, and compensation shown on this page are reproduced from IRS Form 990 filings, which are public records.

Philanthropy.org does not alter the content of those filings. All information appears exactly as reported by the filing organization for the tax year shown.

We publish only information contained in the public IRS filing — and less than the filing contains. Our profile pages do not display street addresses, telephone numbers, personal email addresses, or other personal contact information, even where the filing includes them.

Many people share the same name. A name shown on this page reflects only what one organization reported in one IRS filing for one tax year. It should not be interpreted as identifying any other individual with the same or a similar name.

If you are no longer affiliated with the organization, your name will generally stop appearing in future IRS filings once the organization no longer reports you. Pages for tax years in which you were reported remain published because those filings remain part of the public record.

Philanthropy.org does not alter or remove IRS filing records. Removing a page from this website would not remove the underlying IRS filing, which remains publicly available from the IRS and other publishers of the same information.

If you believe the IRS filing itself is inaccurate, corrections must be made by the filing organization or the IRS directly.

If you ARE the filing organization, claim this org and add context

Made it to the end? Claim this organization

All figures are derived from public IRS Form 990 filings and are presented without evaluation of any organization. philanthropy.org does not rate, score, or rank organizations, including the peer-cohort and compensation comparisons above.