To build and maintain a public park on the site known as Francisco Reservoir, a 4.25 acre public open space in the Russian Hill area of San Francisco. To provide a beautiful, tranquil green oasis in a densely built-up are that is short of parks and playgrounds.

501(c)(3) charity; gifts are tax-deductible.
63¢ of each $1 spent went to programs.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX

Before you give

FY2023 · 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
FY2025
latest Form 990
Looks good: the latest return is for FY2025, 1 tax year back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
5 of 6
filings with a surplus
Average deficit $3.1M a year · 211% of revenue · last 6 filings
Fine: a surplus in 5 of the last 6 filings.
Pt I · Ln 19 · 6 filings
Spent on programs
63%
of spending
Worth a look: 63% of spending went to programs; under 65%.
Pt IX · Ln 25 · col B
4 mo
of spending, in cash
Plus $2.1M in investments, Pt X · Ln 11–13
Looks good: 4.0 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
3
named funders · $62K
Looks good: 3 funders name it on their filings; 3 or more.
Funders’ Sch. I, 990-PF
Liabilities
$11K
0.5% of total assets
Looks good: liabilities are 0% of assets; 50% or less.
Pt X · Ln 26
Independent board members
9
of 10 voting members
Looks good: 9 of 10 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$1.5M
+177% vs prior year
Spent
$410K
To programs
63%
Net assets
$2.4M
By yearFY2020–FY2025
Revenue
$1.5M
FY2023▲ +177%
Tap a bar for its year
Revenue by fiscal year
FY2020$3.5M
FY2021$2.1M
FY2022$534K
FY2023$1.5M
FY2024$572K
FY2025$619K
Expenses
$410K
FY2023▼ -98%
Tap a bar for its year
Expenses by fiscal year
FY2020$280K
FY2021$228K
FY2022$25.8M
FY2023$410K
FY2024$383K
FY2025$415K
Net assets
$2.4M
FY2023▲ +82%
Tap a bar for its year
Net assets by fiscal year
FY2020$24.7M
FY2021$26.6M
FY2022$1.3M
FY2023$2.4M
FY2024$2.6M
FY2025$2.8M

From the FY2023 Form 990 · figures checked against the IRS filing · see the original

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You’re viewing the FY2023 filing — not the latest on file. See the latest (FY2025) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Dec 2014.

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

Where the money goes

63 cents of each dollar spent went to programs.

Program services 63% · $259K Management & general 18% · $74K Fundraising 19% · $77K

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

14 people listed on the 990.

Part VII, Section A · reportable compensation
President
$0Pt VII · Sec A
Secretary
$0Pt VII · Sec A
Treasurer
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
See Francisco 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 2Yes
  • Top official's pay set by an independent reviewPt VI · Ln 15aNo

Programs and updates

Build and maintain a park at Francisco Reservoir.

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Provided by the organization

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1 program · $259K · in their own filed words · FY2023
01

In 2023, FPC continued maintaining the park in San Francisco on behalf of the city

$259Kprogram 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
The Acer FundFY2024$1K
Total grants receivedfrom 3 funders$62K
See all 3 funders →

By the numbers

The FY2023 990, line by line.

1The main four
Money inPt VIII
$1.5M
Ln 12
Gifts and grantsLn 1h$1.4M
Investment incomeLn 3$45K
Other incomeLn 4–11$9K
Money outPt IX
$410K
Ln 25
Programscol B$259K
Managementcol C$74K
Fundraisingcol D$77K
Owns and owesPt X
$2.4M
net assets · Ln 32
Cash and savingsLn 1–2$135K
Total assetsLn 16$2.4M
LiabilitiesLn 26$11K
PeoplePt VI, VII
14
listed · VII A
PaidVII A0
Voting boardVI 1a10
IndependentVI 1b9
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$1.4M
Investment incomeLn 3$45K
Other incomeLn 4–11$9K
Gains on assetsLn 7$0
Total revenueLn 12$1.5M
Assets in detailPt X, end of year
CashLn 1$135K
SavingsLn 2$0
Cash and savings togetherLn 1–2$135K
InvestmentsLn 11–13$2.1M
Land, buildings, equipmentLn 10c$0
Other assetsLn 15$186
Total assetsLn 16$2.4M
LiabilitiesLn 26$11K
Net assetsLn 32$2.4M
OperationsPt I, VI
EmployeesI 50
VolunteersI 658
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 FY23End FY23
Cash and savingsLn 1–2$158K$135K
InvestmentsLn 11–13$920K$2.1M
Land, buildings, equipmentLn 10c$0
Total assetsLn 16$1.3M$2.4M
LiabilitiesLn 26$28K$11K
Net assetsLn 32$1.3M$2.4M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$0
Grants to domestic individualsLn 2$0
Grants and assistance to foreign recipientsLn 3$0
Benefits paid to or for membersLn 4$0
Pay of current officers, directors and key staffLn 5$0
Pay of disqualified personsLn 6$0
Other salaries and wagesLn 7$0
Pension plan contributionsLn 8$0
Other employee benefitsLn 9$0
Payroll taxesLn 10$0
Management feesLn 11a$1K$1K
Legal feesLn 11b$0
Accounting feesLn 11c$27K$27K
Lobbying feesLn 11d$0
Professional fundraising feesLn 11e$59K$59K
Investment management feesLn 11f$0
Other fees for servicesLn 11g$3K$3K
Advertising and promotionLn 12$342$244$48$50
Office expensesLn 13$2K$291$366$2K
Information technologyLn 14$2K$832$1K$247
RoyaltiesLn 15$0
OccupancyLn 16$0
TravelLn 17$0
Travel and entertainment for public officialsLn 18$0
Conferences, conventions and meetingsLn 19$6K$1K$5K
InterestLn 20$0
Payments to affiliatesLn 21$0
Depreciation, depletion and amortizationLn 22$0
InsuranceLn 23$5K$5K
Other expenses (24a–d)Ln 24$303K$252K$41K$11K
All other expensesLn 24e$0
Total functional expensesLn 25$410K$259K$74K$77K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest $619K$415K$204K$2.8M 990 PDF
FY2024 $572K$383K$189K$2.6M 990 PDF
FY2023 Viewing $1.5M$410K$1.1M$2.4M 990 PDF
FY2022 $534K$25.8M−$25.3M$1.3M 990 PDF
FY2021 $2.1M$228K$1.9M$26.6M 990 PDF
FY2020 $3.5M$280K$3.2M$24.7M 990 PDF

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Schedules filed Part IV

III · Programs R · Related orgs G · Fundraising L · Interested persons I · Grants A · Public support O · Explanations
See the full FY2023 990 (6 parts)
Part I · Summary $1,481,349 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $529,553$1,427,506
I-9 Program service revenue$0
I-10 Investment incomePrior year $4,192$44,824
I-11 Other revenuePrior year $630$9,019
I-12 Total revenuePrior year $534,375$1,481,349
I-13 Grants and similar amounts paidPrior year $25,384,286$0
I-14 Benefits paid to members$0
I-15 Salaries and benefits$0
I-16a Professional fundraising feesPrior year $75,819$59,134
I-17 Other expensesPrior year $327,335$351,010
I-18 Total expensesPrior year $25,787,440$410,144
I-19 Revenue less expensesPrior year −$25,253,065$1,071,205
Part VI · Governance 9 of 10 board members independent, 2 to look at
VI-1a Voting members of the governing body10
VI-1b Independent voting members9
VI-2 Family or business relationship among officers or directorsYes
VI-15a Process for setting top official's payNo
VI-12a Written conflict of interest policyYes
VI-13 Written whistleblower policyYes
VI-14 Document retention and destruction policyYes
Part VIII · Statement of revenue $1,481,349 across 9 lines filed
VIII-1f All other contributions, gifts and grants$1,427,506
VIII-1h Total contributions, gifts and grants$1,427,506
VIII-3 Investment incomeExcluded from tax $44,824$44,824
VIII-5 Royalties$0
VIII-6 Net rental income or loss$0
VIII-7 Net gain or loss on sales of assets$0
VIII-8 Net income from fundraising events$0
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Excluded from tax $9,019$9,019
VIII-12 Total revenueExcluded from tax $53,843$1,481,349
Part IX · Statement of functional expenses $410,144 across 31 lines filed
IX-1 Grants to domestic organizations$0
IX-2 Grants to domestic individuals$0
IX-3 Grants and assistance to foreign recipients$0
IX-4 Benefits paid to or for members$0
IX-5 Pay of current officers, directors and key staff$0
IX-6 Pay of disqualified persons$0
IX-7 Other salaries and wages$0
IX-8 Pension plan contributions$0
IX-9 Other employee benefits$0
IX-10 Payroll taxes$0
IX-11a Management feesPrograms $1,395$1,395
IX-11b Legal fees$0
IX-11c Accounting feesManagement $27,261$27,261
IX-11d Lobbying fees$0
IX-11e Professional fundraising feesFundraising $59,134$59,134
IX-11f Investment management fees$0
IX-11g Other fees for servicesPrograms $2,760$2,760
IX-12 Advertising and promotionPrograms $244 · Management $48 · Fundraising $50$342
IX-13 Office expensesPrograms $291 · Management $366 · Fundraising $1,551$2,208
IX-14 Information technologyPrograms $832 · Management $1,154 · Fundraising $247$2,233
IX-15 Royalties$0
IX-16 Occupancy$0
IX-17 Travel$0
IX-18 Travel and entertainment for public officials$0
IX-19 Conferences, conventions and meetingsPrograms $1,400 · Fundraising $5,037$6,437
IX-20 Interest$0
IX-21 Payments to affiliates$0
IX-22 Depreciation, depletion and amortization$0
IX-23 InsuranceManagement $4,894$4,894
IX-24 Other expenses (24a–d)Programs $251,926 · Management $40,651 · Fundraising $10,903$303,480
IX-24e All other expenses$0
IX-25 Total functional expensesPrograms $258,848 · Management $74,374 · Fundraising $76,922$410,144
Part X · Balance sheet $2,396,555 assets, 19 lines filed
X-1 Cash, non-interest-bearingStart of year $157,971$135,239
X-2 Savings and temporary cash investments$0
X-3 Pledges and grants receivableStart of year $213,332$70,000
X-4 Accounts receivable$0
X-8 Inventories for sale or use$0
X-9 Prepaid expenses and deferred chargesStart of year $51,056$51,808
X-10c Land, buildings and equipment, net$0
X-11 Publicly traded securitiesStart of year $919,732$2,139,322
X-12 Other securities$0
X-13 Program-related investments$0
X-14 Intangible assets$0
X-15 Other assets$186
X-16 Total assetsStart of year $1,342,091$2,396,555
X-17 Accounts payable and accrued expensesStart of year $28,228$11,487
X-26 Total liabilitiesStart of year $28,228$11,487
X-27 Net assets without donor restrictionsStart of year $1,100,531$1,315,068
X-28 Net assets with donor restrictionsStart of year $213,332$1,070,000
X-32 Total net assets or fund balancesStart of year $1,313,863$2,385,068
X-33 Total liabilities and net assetsStart of year $1,342,091$2,396,555
Part XI · Reconciliation of net assets $2,385,068 net assets at year end
XI-1 Total revenue$1,481,349
XI-2 Total expenses$410,144
XI-3 Revenue less expenses$1,071,205
XI-4 Net assets at start of year$1,313,863
XI-10 Net assets at end of year$2,385,068

Form 990 e-file (XML) FY2023 from the IRS · Classification, formation year and address from the IRS Business Master File

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