Kent County Parks Foundation

Tax-deductible

Grand Rapids, MI501(c)(3)Public & Societal BenefitEIN 38-3470628Revenue $570K in FY2024

On file with the IRSkentcountyparksfoundation.orgPo Box 230165, 49523-0165 · Grand Rapids, MITax-exempt since Jul 1999Supporting organization — 509(a)(3)

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Provide resources to help build, expand and sustain Kent County Parks through donor development.

501(c)(3) charity; gifts are tax-deductible.
39¢ of each $1 spent went to programs.
$109K paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · Pay: Part VII

Before you give

FY2024 · 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
3 of 5
filings with a surplus
Average surplus $63K a year · 7% of revenue · last 5 filings
Worth a look: a surplus in 3 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
39%
of spending
Concern: 39% of spending went to programs; under 50%.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$109K
to officers and key staff · 39% of spending
Top officer’s pay higher than 80% of similar orgs
Concern: pay to officers and key staff is 39% of spending; over 30%.
Pt VII · Sec A
Cash reserves
114 mo
of spending, in cash
Looks good: 114.1 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
6
named funders · $179K
Looks good: 6 funders name it on their filings; 3 or more.
Funders’ Sch. I, 990-PF
Liabilities
$12K
0.3% of total assets
Looks good: liabilities are 0% of assets; 50% or less.
Pt X · Ln 26
Independent board members
14
of 14 voting members
Looks good: 14 of 14 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$570K
+3% vs prior year
Spent
$283K
To programs
39%
Net assets
$4.2M
By yearFY2020–FY2024
Revenue
$570K
FY2024▲ +3%
Tap a bar for its year
Revenue by fiscal year
FY2020$176K
FY2021$1.3M
FY2022$1.7M
FY2023$552K
FY2024$570K
Expenses
$283K
FY2024▼ -82%
Tap a bar for its year
Expenses by fiscal year
FY2020$130K
FY2021$201K
FY2022$1.7M
FY2023$1.6M
FY2024$283K
Net assets
$4.2M
FY2024▲ +88%
Tap a bar for its year
Net assets by fiscal year
FY2020$2.2M
FY2021$3.4M
FY2022$3.0M
FY2023$2.2M
FY2024$4.2M

From the FY2024 Form 990 · see the original

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Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Jul 1999.

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

Where the money goes

39 cents of each dollar spent went to programs.

Program services 39% · $110K Management & general 26% · $73K Fundraising 35% · $100K

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

15 people listed on the 990; $109K paid to officers and key staff.

Part VII, Section A · reportable compensation
Executive Di
$109,167Pt VII · Sec A
$0Pt VII · Sec A
Secretary
$0Pt VII · Sec A
Treasurer
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A

Sam Moore’s $109K as Executive Di is at the 80th percentile of top reported officer pay among 1043 $100K–1M public & societal benefit 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

NameFY2024FY2023FY2022FY2021FY2020
Sam Moore$109,167$99,900$100,000$90,000$89,583

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.

See Kent County Parks Foundation executive salaries →

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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 15aNo

Programs and updates

Build, expand, and sustain Kent County parks by developing donor support.

Provided by the organization

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1 program · $110K · in their own filed words · FY2024
01

Millenium Park Maintenance Assistance

14,731 other designated park improvements - 17,604 silver lake park maintenance - 29,406 grand river greenway - 47,775

$110Kprogram expense

Funders

Who pays for it.

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

Grants

Schedule I · received and paid
Grants received · FY2024
See all 6 funders →
Grants paid · 4 grants · $1.8M · 2021–2024
Kent County Board of Park TrusteesFY2024$109,516
Kent County Board of Park TrusteesFY2023$67,982
Kent County Board of Park TrusteesFY2022$1,561,291
Kent County Board of Park TrusteesFY2021$23,435

By the numbers

The FY2024 990, line by line.

1The main four
Money inPt VIII
$570K
Ln 12
Gifts and grantsLn 1h$489K
Investment incomeLn 3$106K
Money outPt IX
$283K
Ln 25
Programscol B$110K
Managementcol C$73K
Fundraisingcol D$100K
Owns and owesPt X
$4.2M
net assets · Ln 32
Cash and savingsLn 1–2$2.7M
Total assetsLn 16$4.2M
LiabilitiesLn 26$12K
PeoplePt VI, VII
15
listed · VII A
PaidVII A1
Voting boardVI 1a14
IndependentVI 1b14
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$489K
Fundraising eventsLn 1c$188K
Investment incomeLn 3$106K
Gains on assetsLn 7−$15K
Total revenueLn 12$570K
Assets in detailPt X, end of year
CashLn 1$343K
SavingsLn 2$2.3M
Cash and savings togetherLn 1–2$2.7M
Total assetsLn 16$4.2M
LiabilitiesLn 26$12K
Net assetsLn 32$4.2M
OperationsPt I, VI
EmployeesI 51
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aNo
Whistleblower policyVI 13No
Records policyVI 14No
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY24End FY24
Cash and savingsLn 1–2$2.2M$2.7M
Total assetsLn 16$2.2M$4.2M
LiabilitiesLn 26$9K$12K
Net assetsLn 32$2.2M$4.2M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$110K$110K
Pay of current officers, directors and key staffLn 5$117K$23K$93K
Payroll taxesLn 10$8K$2K$7K
Accounting feesLn 11c$9K$9K
Investment management feesLn 11f$17K$17K
Other fees for servicesLn 11g$3K$3K
Office expensesLn 13$2K$2K$385
Information technologyLn 14$2K$2K
OccupancyLn 16$410$410
Depreciation, depletion and amortizationLn 22$321$321
InsuranceLn 23$1K$1K
Other expenses (24a–d)Ln 24$14K$14K
Total functional expensesLn 25$283K$110K$73K$100K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest Viewing $570K$283K$287K$4.2M 990 PDF
FY2023 $552K$1.6M−$1.0M$2.2M 990 PDF
FY2022 $1.7M$1.7M−$59K$3.0M 990 PDF
FY2021 $1.3M$201K$1.1M$3.4M 990 PDF
FY2020 $176K$130K$47K$2.2M 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 FY2024 990 (6 parts)
Part I · Summary $570,297 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $544,581$488,612
I-9 Program service revenue$0
I-10 Investment incomePrior year $33,872$105,504
I-11 Other revenuePrior year −$26,567−$23,819
I-12 Total revenuePrior year $551,886$570,297
I-13 Grants and similar amounts paidPrior year $1,439,418$109,516
I-14 Benefits paid to members$0
I-15 Salaries and benefitsPrior year $114,358$125,012
I-16a Professional fundraising fees$0
I-17 Other expensesPrior year $41,474$48,406
I-18 Total expensesPrior year $1,595,250$282,934
I-19 Revenue less expensesPrior year −$1,043,364$287,363
Part VI · Governance 14 of 14 board members independent, 4 to look at
VI-1a Voting members of the governing body14
VI-1b Independent voting members14
VI-12a Written conflict of interest policyNo
VI-13 Written whistleblower policyNo
VI-14 Document retention and destruction policyNo
VI-15a Process for setting top official's payNo
VI-2 Family or business relationship among officers or directorsNo
Part VIII · Statement of revenue $570,297 across 7 lines filed
VIII-1c Fundraising events$187,599
VIII-1f All other contributions, gifts and grants$301,013
VIII-1h Total contributions, gifts and grants$488,612
VIII-3 Investment incomeExcluded from tax $120,050$120,050
VIII-7 Net gain or loss on sales of assetsExcluded from tax −$14,546−$14,546
VIII-8 Net income from fundraising eventsExcluded from tax −$23,819−$23,819
VIII-12 Total revenueExcluded from tax $81,685$570,297
Part IX · Statement of functional expenses $282,934 across 12 lines filed
IX-1 Grants to domestic organizationsPrograms $109,516$109,516
IX-5 Pay of current officers, directors and key staffManagement $23,373 · Fundraising $93,494$116,867
IX-10 Payroll taxesManagement $1,629 · Fundraising $6,516$8,145
IX-11c Accounting feesManagement $8,650$8,650
IX-11f Investment management feesManagement $17,255$17,255
IX-11g Other fees for servicesManagement $2,513$2,513
IX-13 Office expensesManagement $1,658 · Fundraising $385$2,043
IX-14 Information technologyManagement $1,587$1,587
IX-16 OccupancyManagement $410$410
IX-22 Depreciation, depletion and amortizationManagement $321$321
IX-23 InsuranceManagement $1,355$1,355
IX-24 Other expenses (24a–d)Management $14,272$14,272
IX-25 Total functional expensesPrograms $109,516 · Management $73,023 · Fundraising $100,395$282,934
Part X · Balance sheet $4,169,636 assets, 11 lines filed
X-1 Cash, non-interest-bearingStart of year $337,448$342,625
X-2 Savings and temporary cash investmentsStart of year $1,835,982$2,346,481
X-3 Pledges and grants receivableStart of year $25,000$1,456,537
X-9 Prepaid expenses and deferred chargesStart of year $17,138$23,993
X-16 Total assetsStart of year $2,215,889$4,169,636
X-17 Accounts payable and accrued expensesStart of year $8,675$11,758
X-26 Total liabilitiesStart of year $8,675$11,758
X-27 Net assets without donor restrictionsStart of year $889,403$1,185,313
X-28 Net assets with donor restrictionsStart of year $1,317,811$2,972,565
X-32 Total net assets or fund balancesStart of year $2,207,214$4,157,878
X-33 Total liabilities and net assetsStart of year $2,215,889$4,169,636
Part XI · Reconciliation of net assets $4,157,878 net assets at year end
XI-1 Total revenue$570,297
XI-2 Total expenses$282,934
XI-3 Revenue less expenses$287,363
XI-4 Net assets at start of year$2,207,214
XI-5 Net unrealized gains (losses) on investments$151,775
XI-8 Prior period adjustments$1,511,526
XI-10 Net assets at end of year$4,157,878

Form 990 e-file (XML) FY2024 from the IRS · Classification, formation year and address from the IRS Business Master File

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