Overton Park Conservancy FY2022 filing

Tax-deductible

Memphis, TN501(c)(3)Recreation & SportsEIN 45-2031097

To manage the forest and parkland areas of overton park

501(c)(3) charity; gifts are tax-deductible.
86¢ of each $1 spent went to programs.
$107K 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

FY2022 · 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 5
filings with a surplus
Average surplus $215K a year · 9% of revenue · last 5 filings
Fine: a surplus in 4 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
86%
of spending
Looks good: 86% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$107K
to officers and key staff · 4% of spending
Looks good: pay to officers and key staff is 4% of spending; 15% or less.
Pt VII · Sec A
Cash reserves
9 mo
of spending, in cash
Looks good: 8.7 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
11
named funders · $549K
Looks good: 11 funders name it on their filings; 3 or more.
Funders’ Sch. I, 990-PF
Liabilities
$368K
12% of total assets
Looks good: liabilities are 12% of assets; 50% or less.
Pt X · Ln 26
Independent board members
19
of 23 voting members
Looks good: 19 of 23 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$3.0M
+0.7% vs prior year
Spent
$2.7M
To programs
86%
Net assets
$2.6M
By yearFY2020–FY2024
Revenue
$3.0M
FY2022▲ +0.7%
Revenue by fiscal year
FY2020$1.9M
FY2021$3.0M
FY2022$3.0M
FY2023$1.7M
FY2024$2.0M
Expenses
$2.7M
FY2022▼ -7%
Expenses by fiscal year
FY2020$973K
FY2021$2.9M
FY2022$2.7M
FY2023$2.1M
FY2024$1.8M
Net assets
$2.6M
FY2022▲ +5%
Net assets by fiscal year
FY2020$2.5M
FY2021$2.5M
FY2022$2.6M
FY2023$2.4M
FY2024$2.6M

From the FY2022 Form 990 · figures checked against the IRS filing · see the original

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You’re viewing the FY2022 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 Dec 2011.

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

Where the money goes

86 cents of each dollar spent went to programs.

Program services 86% · $2.3M Management & general 6% · $173K Fundraising 8% · $224K

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

Who runs it and what they're paid

24 people listed on the 990; $107K paid to officers and key staff.

Part VII, Section A · reportable compensation
Executive Director
$106,600Pt 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 Chair
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A

Kaci Murley’s $102K as Executive Director is at the 34th percentile of top reported officer pay among 1842 $1–10M 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 · 4 named individuals · Part VII

NameFY2024FY2023FY2022FY2021FY2020
Tina Sullivan$96,904$113,753$106,600$100,000$100,000
Kaci Murley$101,801$88,846——$89,100
Melissa McMasters————$65,460
Eric Bridges————$41,160

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 Overton Park Conservancy 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 15aYes

Programs and updates

Manages Overton Park's forest and parkland areas.

Provided by the organization

This section is blank until Overton Park Conservancy claims this page.

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1 program service account for $2.3M of program spending, described in the organization's own filed words · FY2022.
01

To manage the forest and parkland areas of overton park; to return overton park to its former position of excellence as the "crown jewel" of memphis' public parks, a city treasure that continues to attract locals and visitors alike

$2.3Mprogram expense

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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
See all 11 funders →

By the numbers

The FY2022 990, line by line.

1The main four
Money inPt VIII
$3.0M
Ln 12
Gifts and grantsLn 1h$3.0M
Investment incomeLn 3$42K
Money outPt IX
$2.7M
Ln 25
Programscol B$2.3M
Managementcol C$173K
Fundraisingcol D$224K
Owns and owesPt X
$2.6M
net assets · Ln 32
Cash and savingsLn 1–2$2.0M
Total assetsLn 16$3.0M
LiabilitiesLn 26$368K
PeoplePt VI, VII
24
listed · VII A
PaidVII A1
Voting boardVI 1a23
IndependentVI 1b19
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$3.0M
Government grantsLn 1e$387K
Investment incomeLn 3$42K
Gains on assetsLn 7$14K
Total revenueLn 12$3.0M
Assets in detailPt X, end of year
CashLn 1$2.0M
Cash and savings togetherLn 1–2$2.0M
InvestmentsLn 11–13$571K
Land, buildings, equipmentLn 10c$15K
Other assetsLn 15$129K
Total assetsLn 16$3.0M
LiabilitiesLn 26$368K
Net assetsLn 32$2.6M
OperationsPt I, VI
EmployeesI 57
VolunteersI 6356
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY22End FY22
Cash and savingsLn 1–2$2.5M$2.0M
InvestmentsLn 11–13$571K
Land, buildings, equipmentLn 10c$303$15K
Total assetsLn 16$2.6M$3.0M
LiabilitiesLn 26$84K$368K
Net assetsLn 32$2.5M$2.6M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Pay of current officers, directors and key staffLn 5$107K$53K$9K$45K
Other salaries and wagesLn 7$348K$173K$28K$147K
Payroll taxesLn 10$57K$31K$2K$24K
Accounting feesLn 11c$31K$31K
Investment management feesLn 11f$6K$6K
Advertising and promotionLn 12$6K$4K$1K$700
OccupancyLn 16$2K$2K
TravelLn 17$3K$3K
Depreciation, depletion and amortizationLn 22$2K$2K
InsuranceLn 23$49K$49K
Other expenses (24a–d)Ln 24$2.1M$2.1M$29K$4K
All other expensesLn 24e$36K$18K$14K$4K
Total functional expensesLn 25$2.7M$2.3M$173K$224K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest $2.0M$1.8M$156K$2.6M 990 PDF
FY2023 $1.7M$2.1M−$340K$2.4M 990 PDF
FY2022 Viewing $3.0M$2.7M$260K$2.6M 990 PDF
FY2021 $3.0M$2.9M$48K$2.5M 990 PDF
FY2020 $1.9M$973K$949K$2.5M 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 FY2022 990 (4 parts)
Part VIII · Statement of revenue $3,002,090 across 9 lines filed
Lines not itemized here account for −$7,871 of total revenue; see the IRS return.
VIII-1e Government grants$387,203
VIII-1f All other contributions, gifts and grants$2,606,609
VIII-1h Total contributions, gifts and grants$2,993,812
VIII-3 Investment incomeExcluded from tax $27,838$27,838
VIII-6 Net rental income or lossRelated to mission $7,912$7,912
VIII-7 Net gain or loss on sales of assetsExcluded from tax $14,359$14,359
VIII-8 Net income from fundraising eventsExcluded from tax −$42,519−$42,519
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Related to mission $8,559$8,559
VIII-12 Total revenueRelated to mission $8,600 · Unrelated business $0 · Excluded from tax −$322$3,002,090
Part IX · Statement of functional expenses $2,742,136 across 12 lines filed
IX-5 Pay of current officers, directors and key staffPrograms $53,018 · Management $8,683 · Fundraising $44,899$106,600
IX-7 Other salaries and wagesPrograms $173,254 · Management $28,375 · Fundraising $146,724$348,353
IX-10 Payroll taxesPrograms $30,555 · Management $2,472 · Fundraising $23,593$56,620
IX-11c Accounting feesManagement $30,750$30,750
IX-11f Investment management feesManagement $6,276$6,276
IX-12 Advertising and promotionPrograms $3,648 · Management $1,280 · Fundraising $700$5,628
IX-16 OccupancyPrograms $2,307$2,307
IX-17 TravelManagement $3,011$3,011
IX-22 Depreciation, depletion and amortizationPrograms $1,796$1,796
IX-23 InsuranceManagement $48,988$48,988
IX-24 Other expenses (24a–d)Programs $2,063,005 · Management $28,920 · Fundraising $4,078$2,096,003
IX-24e All other expensesPrograms $17,744 · Management $14,438 · Fundraising $3,622$35,804
IX-25 Total functional expensesPrograms $2,345,327 · Management $173,193 · Fundraising $223,616$2,742,136
Part X · Balance sheet $3,009,038 assets, 15 lines filed
X-1 Cash, non-interest-bearingStart of year $2,462,016$1,994,106
X-3 Pledges and grants receivableStart of year $91,000$92,003
X-4 Accounts receivableStart of year $41,193$203,915
X-8 Inventories for sale or useStart of year $1,722$4,391
X-10c Land, buildings and equipment, netStart of year $303$15,140
X-12 Other securities$570,848
X-15 Other assetsStart of year $0$128,635
X-16 Total assetsStart of year $2,596,234$3,009,038
X-17 Accounts payable and accrued expensesStart of year $83,565$239,370
X-25 Other liabilitiesStart of year $0$128,635
X-26 Total liabilitiesStart of year $83,565$368,005
X-27 Net assets without donor restrictionsStart of year $2,043,482$1,959,801
X-28 Net assets with donor restrictionsStart of year $469,187$681,232
X-32 Total net assets or fund balancesStart of year $2,512,669$2,641,033
X-33 Total liabilities and net assetsStart of year $2,596,234$3,009,038
Part XI · Reconciliation of net assets $2,641,033 net assets at year end
XI-1 Total revenue$3,002,090
XI-2 Total expenses$2,742,136
XI-3 Revenue less expenses$259,954
XI-4 Net assets at start of year$2,512,669
XI-5 Net unrealized gains (losses) on investments−$140,167
XI-6 Donated services and use of facilities$8,880
XI-8 Prior period adjustments−$303
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$2,641,033

Form 990 e-file (XML) FY2022 from the IRS · Classification, formation year and address from the IRS Business Master File

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