Development of a Park in downtown Durham

501(c)(3) charity; gifts are tax-deductible.
94¢ of each $1 spent went to programs.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX

Before you give

FY2020 · 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 4
filings with a surplus
Average surplus $16K a year · 6% of revenue · last 4 filings
Fine: a surplus in 3 of the last 4 filings.
Pt I · Ln 19 · 4 filings
Spent on programs
94%
of spending
Looks good: 94% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
10 mo
of spending, in cash
Looks good: 10.5 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
3
named funders · $44K
Looks good: 3 funders name it on their filings; 3 or more.
Funders’ Sch. I, 990-PF
Liabilities
$1K
0.6% of total assets
Looks good: liabilities are 1% of assets; 50% or less.
Pt X · Ln 26
Independent board members
22
of 22 voting members
Looks good: 22 of 22 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$267K
Spent
$227K
To programs
94%
Net assets
$233K
By yearFY2020–FY2024
Revenue
$267K
FY2020
Tap a bar for its year
Revenue by fiscal year
FY2020$267K
FY2021$228K
FY2022$286K
FY2023$279K
FY2024$378K
Expenses
$227K
FY2020
Tap a bar for its year
Expenses by fiscal year
FY2020$227K
FY2021$197K
FY2022$269K
FY2023$304K
FY2024Not on file
Net assets
$233K
FY2020
Tap a bar for its year
Net assets by fiscal year
FY2020$233K
FY2021$273K
FY2022$275K
FY2023$259K
FY2024$259K

From the FY2020 Form 990 · see the original

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You’re viewing the FY2020 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 Aug 1996.

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

Where the money goes

94 cents of each dollar spent went to programs.

Program services 94% · $213K Management & general 2% · $5K Fundraising 4% · $9K

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

22 people listed on the 990.

Part VII, Section A · reportable compensation
$0Pt VII · Sec A
$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
$0Pt VII · Sec A

Erin Kauffman’s $71K as Executive Dir. is at the 92nd percentile of top reported officer pay among 168 <$100K community development 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

NameFY2024FY2023FY2022FY2021
Erin Kauffman$70,777$68,500$62,750$62,166

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 Durham Central Park 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

Develops a park in downtown Durham.

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Provided by the organization

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1 program · $213K · in their own filed words · FY2020
01

Development of a park in downtown durham

$213Kprogram 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
Total grants receivedfrom 3 funders$44K
See all 3 funders →

By the numbers

The FY2020 990, line by line.

1The main four
Money inPt VIII
$267K
Ln 12
Gifts and grantsLn 1h$224K
Fees for servicesLn 2g$42K
Investment incomeLn 3$716
Money outPt IX
$227K
Ln 25
Programscol B$213K
Managementcol C$5K
Fundraisingcol D$9K
Owns and owesPt X
$233K
net assets · Ln 32
Cash and savingsLn 1–2$199K
Total assetsLn 16$234K
LiabilitiesLn 26$1K
PeoplePt VI, VII
22
listed · VII A
PaidVII A0
Voting boardVI 1a22
IndependentVI 1b22
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$224K
Government grantsLn 1e$17K
Fees for servicesLn 2g$42K
Investment incomeLn 3$716
Total revenueLn 12$267K
Assets in detailPt X, end of year
CashLn 1$136K
SavingsLn 2$62K
Cash and savings togetherLn 1–2$199K
InvestmentsLn 11–13$36K
Total assetsLn 16$234K
LiabilitiesLn 26$1K
Net assetsLn 32$233K
OperationsPt I, VI
EmployeesI 53
VolunteersI 6200
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 FY20End FY20
Cash and savingsLn 1–2$158K$199K
InvestmentsLn 11–13$36K$36K
Total assetsLn 16$194K$234K
LiabilitiesLn 26$841$1K
Net assetsLn 32$193K$233K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Other salaries and wagesLn 7$99K$99K
Pension plan contributionsLn 8$1K$1K
Payroll taxesLn 10$7K$7K
Accounting feesLn 11c$400$400
Other fees for servicesLn 11g$5K$5K
Advertising and promotionLn 12$1K$1K
Office expensesLn 13$14K$4K$9K
OccupancyLn 16$3K$3K
TravelLn 17$372$372
InsuranceLn 23$4K$4K
Other expenses (24a–d)Ln 24$83K$83K
All other expensesLn 24e$9K$9K
Total functional expensesLn 25$227K$213K$5K$9K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest $378K$259K 990 PDF
FY2023 $279K$304K−$26K$259K 990 PDF
FY2022 $286K$269K$17K$275K 990 PDF
FY2021 $228K$197K$31K$273K 990 PDF
FY2020 Viewing $267K$227K$40K$233K 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 FY2020 990 (6 parts)
Part I · Summary $267,001 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $94,929$223,836
I-9 Program service revenuePrior year $139,954$42,449
I-10 Investment incomePrior year $496$716
I-11 Other revenuePrior year $481$0
I-12 Total revenuePrior year $235,860$267,001
I-13 Grants and similar amounts paid$0
I-14 Benefits paid to members$0
I-15 Salaries and benefitsPrior year $90,209$107,371
I-16a Professional fundraising fees$0
I-17 Other expensesPrior year $152,980$119,716
I-18 Total expensesPrior year $243,189$227,087
I-19 Revenue less expensesPrior year −$7,329$39,914
Part VI · Governance 22 of 22 board members independent, 4 to look at
VI-1a Voting members of the governing body22
VI-1b Independent voting members22
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 $267,001 across 6 lines filed
VIII-1e Government grants$17,420
VIII-1f All other contributions, gifts and grants$206,416
VIII-1h Total contributions, gifts and grants$223,836
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $42,449$42,449
VIII-3 Investment incomeRelated to mission $716$716
VIII-12 Total revenueRelated to mission $43,165$267,001
Part IX · Statement of functional expenses $227,087 across 12 lines filed
IX-7 Other salaries and wagesPrograms $98,715$98,715
IX-8 Pension plan contributionsPrograms $1,280$1,280
IX-10 Payroll taxesPrograms $7,376$7,376
IX-11c Accounting feesPrograms $400$400
IX-11g Other fees for servicesPrograms $5,000$5,000
IX-12 Advertising and promotionManagement $1,398$1,398
IX-13 Office expensesPrograms $4,412 · Fundraising $9,106$13,518
IX-16 OccupancyManagement $3,199$3,199
IX-17 TravelManagement $372$372
IX-23 InsurancePrograms $4,099$4,099
IX-24 Other expenses (24a–d)Programs $82,647$82,647
IX-24e All other expensesPrograms $9,083$9,083
IX-25 Total functional expensesPrograms $213,012 · Management $4,969 · Fundraising $9,106$227,087
Part X · Balance sheet $234,426 assets, 9 lines filed
X-1 Cash, non-interest-bearingStart of year $96,900$136,427
X-2 Savings and temporary cash investmentsStart of year $61,321$62,264
X-11 Publicly traded securitiesStart of year $35,735$35,735
X-16 Total assetsStart of year $193,956$234,426
X-25 Other liabilitiesStart of year $841$1,397
X-26 Total liabilitiesStart of year $841$1,397
X-27 Net assets without donor restrictionsStart of year $193,115$233,029
X-32 Total net assets or fund balancesStart of year $193,115$233,029
X-33 Total liabilities and net assetsStart of year $193,956$234,426
Part XI · Reconciliation of net assets $233,029 net assets at year end
XI-1 Total revenue$267,001
XI-2 Total expenses$227,087
XI-3 Revenue less expenses$39,914
XI-4 Net assets at start of year$193,115
XI-10 Net assets at end of year$233,029

Form 990 e-file (XML) FY2020 from the IRS · Classification, formation year and address from the IRS Business Master File

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