Cullinan Park Conservancy FY2021 filing

Tax-deductible

Sugar Land, TX501(c)(3)EnvironmentEIN 45-4477343Revenue $316K in FY2021

On file with the IRScullinanparkconservancy.orgPo Box 422, 77487-0422 · Sugar Land, TXTax-exempt since Jan 2013Publicly supported charity — 170(b)(1)(A)(vi)

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The Cullinan Park Conservancy is committed to raising capital funds for the development of the Joseph S. and Lucie H. Cullinan Park in Sugar Land, TX.

501(c)(3) charity; gifts are tax-deductible.
45¢ of each $1 spent went to programs.
$42K 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

FY2021 · 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 $35K a year · 6% 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
45%
of spending
Concern: 45% of spending went to programs; under 50%.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$42K
to officers and key staff · 32% of spending
Concern: pay to officers and key staff is 32% of spending; over 30%.
Pt VII · Sec A
Cash reserves
85 mo
of spending, in cash
Looks good: 84.6 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
2
named funders · $18K
Fine: 2 funders name it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$3K
0.4% 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
$316K
-46% vs prior year
Spent
$131K
To programs
45%
Net assets
$919K
By yearFY2020–FY2024
Revenue
$316K
FY2021▼ -46%
Tap a bar for its year
Revenue by fiscal year
FY2020$585K
FY2021$316K
FY2022$1.6M
FY2023$236K
FY2024$141K
Expenses
$131K
FY2021▼ -61%
Tap a bar for its year
Expenses by fiscal year
FY2020$337K
FY2021$131K
FY2022$1.3M
FY2023$343K
FY2024$555K
Net assets
$919K
FY2021▲ +26%
Tap a bar for its year
Net assets by fiscal year
FY2020$729K
FY2021$919K
FY2022$1.2M
FY2023$1.1M
FY2024$649K

From the FY2021 Form 990 · see the original

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You’re viewing the FY2021 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 Jan 2013.

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

Where the money goes

45 cents of each dollar spent went to programs.

Program services 45% · $58K Management & general 13% · $18K Fundraising 42% · $55K

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; $42K paid to officers and key staff.

Part VII, Section A · reportable compensation
Executive Dir.
$42,000Pt VII · Sec A
Immed Past Pres
$0Pt VII · Sec A
Vice President
$0Pt VII · Sec A
$0Pt VII · Sec A
Treasurer
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A

Beth Wolf’s $64K as Executive Director is at the 44th percentile of top reported officer pay among 1989 $100K–1M environment 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
Beth Wolf$64,200$42,000$42,500$42,000$31,000

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 Cullinan 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

Raises money to build and improve a large park in Sugar Land, Texas.

Provided by the organization

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1 program · $58K · in their own filed words · FY2021
01

The Conservancy is focused on a number of efforts that will help enhance the Park's status as, in the words of its major donor Nina Cullinan, a "place of beauty and peacefulness in the city." Recent efforts ensured funds were raised for development of trails and additional parking. 2021 was spent in the design phase of these projects.

$58Kprogram 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
Total grants receivedfrom 2 funders$18K
Grants paid · 4 grants · $1.9M · 2020–2024
City of Sugar LandFY2024$390,000
City of Sugar LandFY2023$90,000
City of Sugar LandFY2022$1,237,000
City of Sugar LandFY2020$213,500

By the numbers

The FY2021 990, line by line.

1The main four
Money inPt VIII
$316K
Ln 12
Gifts and grantsLn 1h$299K
Other incomeLn 4–11$17K
Investment incomeLn 3$178
Money outPt IX
$131K
Ln 25
Programscol B$58K
Managementcol C$18K
Fundraisingcol D$55K
Owns and owesPt X
$919K
net assets · Ln 32
Cash and savingsLn 1–2$922K
Total assetsLn 16$922K
LiabilitiesLn 26$3K
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$299K
Noncash giftsLn 1g$10K
Fundraising eventsLn 1c$62K
Investment incomeLn 3$178
Other incomeLn 4–11$17K
Total revenueLn 12$316K
Assets in detailPt X, end of year
CashLn 1$611K
SavingsLn 2$310K
Cash and savings togetherLn 1–2$922K
Total assetsLn 16$922K
LiabilitiesLn 26$3K
Net assetsLn 32$919K
OperationsPt I, VI
EmployeesI 50
VolunteersI 625
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 FY21End FY21
Cash and savingsLn 1–2$729K$922K
Total assetsLn 16$729K$922K
LiabilitiesLn 26$0$3K
Net assetsLn 32$729K$919K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Pay of current officers, directors and key staffLn 5$42K$8K$8K$25K
Accounting feesLn 11c$4K$4K
Professional fundraising feesLn 11e$24K$24K
Other fees for servicesLn 11g$6K$6K
Advertising and promotionLn 12$4K$4K
Office expensesLn 13$3K$3K$14
Information technologyLn 14$2K$2K
Conferences, conventions and meetingsLn 19$713$500$213
InsuranceLn 23$713$713
Other expenses (24a–d)Ln 24$46K$46K
Total functional expensesLn 25$131K$58K$18K$55K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest $141K$555K−$414K$649K 990 PDF
FY2023 $236K$343K−$107K$1.1M 990 PDF
FY2022 $1.6M$1.3M$264K$1.2M 990 PDF
FY2021 Viewing $316K$131K$185K$919K 990 PDF
FY2020 $585K$337K$248K$729K 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 FY2021 990 (6 parts)
Part I · Summary $316,109 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $583,719$299,268
I-9 Program service revenuePrior year $0$0
I-10 Investment incomePrior year $358$178
I-11 Other revenuePrior year $1,183$16,663
I-12 Total revenuePrior year $585,260$316,109
I-13 Grants and similar amounts paidPrior year $2,135,800$0
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $31,000$42,000
I-16a Professional fundraising feesPrior year $0$24,000
I-17 Other expensesPrior year $92,563$64,781
I-18 Total expensesPrior year $2,259,363$130,781
I-19 Revenue less expensesPrior year −$1,674,103$185,328
Part VI · Governance 14 of 14 board members independent, no flags
VI-1a Voting members of the governing body14
VI-1b Independent voting members14
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
VI-13 Written whistleblower policyYes
VI-14 Document retention and destruction policyYes
VI-15a Process for setting top official's payYes
Part VIII · Statement of revenue $316,109 across 7 lines filed
VIII-1c Fundraising events$61,732
VIII-1f All other contributions, gifts and grants$237,536
VIII-1g Noncash contributions (included above)$10,000
VIII-1h Total contributions, gifts and grants$299,268
VIII-3 Investment incomeExcluded from tax $178$178
VIII-8 Net income from fundraising eventsExcluded from tax $16,663$16,663
VIII-12 Total revenueRelated to mission $0 · Unrelated business $0 · Excluded from tax $16,841$316,109
Part IX · Statement of functional expenses $130,781 across 10 lines filed
IX-5 Pay of current officers, directors and key staffPrograms $8,400 · Management $8,400 · Fundraising $25,200$42,000
IX-11c Accounting feesManagement $4,215$4,215
IX-11e Professional fundraising feesFundraising $24,000$24,000
IX-11g Other fees for servicesFundraising $5,616$5,616
IX-12 Advertising and promotionPrograms $3,659$3,659
IX-13 Office expensesManagement $2,503 · Fundraising $14$2,517
IX-14 Information technologyManagement $1,555$1,555
IX-19 Conferences, conventions and meetingsPrograms $500 · Management $213$713
IX-23 InsuranceManagement $713$713
IX-24 Other expenses (24a–d)Programs $45,793$45,793
IX-25 Total functional expensesPrograms $58,352 · Management $17,599 · Fundraising $54,830$130,781
Part X · Balance sheet $922,226 assets, 10 lines filed
X-1 Cash, non-interest-bearingStart of year $519,426$611,324
X-2 Savings and temporary cash investmentsStart of year $210,018$310,189
X-9 Prepaid expenses and deferred charges$713
X-16 Total assetsStart of year $729,444$922,226
X-17 Accounts payable and accrued expenses$3,338
X-26 Total liabilitiesStart of year $0$3,338
X-27 Net assets without donor restrictionsStart of year $307,251$346,315
X-28 Net assets with donor restrictionsStart of year $422,193$572,573
X-32 Total net assets or fund balancesStart of year $729,444$918,888
X-33 Total liabilities and net assetsStart of year $729,444$922,226
Part XI · Reconciliation of net assets $918,888 net assets at year end
XI-1 Total revenue$316,109
XI-2 Total expenses$130,781
XI-3 Revenue less expenses$185,328
XI-4 Net assets at start of year$729,444
XI-8 Prior period adjustments$4,116
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$918,888

Form 990 e-file (XML) FY2021 from the IRS · Classification, formation year and address from the IRS Business Master File

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