Development of a Park in downtown Durham

501(c)(3) charity; gifts are tax-deductible.
85¢ of each $1 spent went to programs.
$68K paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · Pay: Part VII

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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
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
85%
of spending
Looks good: 85% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$68K
to officers and key staff · 23% of spending
Worth a look: pay to officers and key staff is 23% of spending; over 20%.
Pt VII · Sec A
6 mo
of spending, in cash
Looks good: 6.3 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
$2K
0.6% of total assets
Looks good: liabilities are 1% of assets; 50% or less.
Pt X · Ln 26
Independent board members
22
of 23 voting members
Looks good: 22 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
$279K
-3% vs prior year
Spent
$304K
To programs
85%
Net assets
$259K
By yearFY2020–FY2024
Revenue
$279K
FY2023▼ -3%
Tap a bar for its year
Revenue by fiscal year
FY2020$267K
FY2021$228K
FY2022$286K
FY2023$279K
FY2024$378K
Expenses
$304K
FY2023▲ +13%
Tap a bar for its year
Expenses by fiscal year
FY2020$227K
FY2021$197K
FY2022$269K
FY2023$304K
FY2024Not on file
Net assets
$259K
FY2023▼ -6%
Tap a bar for its year
Net assets by fiscal year
FY2020$233K
FY2021$273K
FY2022$275K
FY2023$259K
FY2024$259K

From the FY2023 Form 990 · see the original

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You’re viewing the FY2023 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

85 cents of each dollar spent went to programs.

Program services 85% · $259K Management & general 11% · $32K Fundraising 4% · $13K

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

23 people listed on the 990; $68K paid to officers and key staff.

Part VII, Section A · reportable compensation
Executive Dir.
$68,500Pt VII · Sec A
President
$0Pt VII · Sec A
Vice President
$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

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 15aYes

Programs and updates

Develops a park in downtown Durham.

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Provided by the organization

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

Durham central park is an arts-themed, community-focused, park in downtown durham, north carolina. The park hosts several community events such as a food truck rodeo, playlist concert series, and the durham farmers market. The park also contains two areas that may be rented for private events.

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

By the numbers

The FY2023 990, line by line.

1The main four
Money inPt VIII
$279K
Ln 12
Gifts and grantsLn 1h$140K
Fees for servicesLn 2g$69K
Other incomeLn 4–11$64K
Money outPt IX
$304K
Ln 25
Programscol B$259K
Managementcol C$32K
Fundraisingcol D$13K
Owns and owesPt X
$259K
net assets · Ln 32
Cash and savingsLn 1–2$158K
Total assetsLn 16$261K
LiabilitiesLn 26$2K
PeoplePt VI, VII
23
listed · VII A
PaidVII A1
Voting boardVI 1a23
IndependentVI 1b22
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$140K
Government grantsLn 1e$27K
Fees for servicesLn 2g$69K
Investment incomeLn 3$5K
Other incomeLn 4–11$64K
Gains on assetsLn 7$3K
Total revenueLn 12$279K
Assets in detailPt X, end of year
CashLn 1$94K
SavingsLn 2$64K
Cash and savings togetherLn 1–2$158K
InvestmentsLn 11–13$102K
Land, buildings, equipmentLn 10c$0
Other assetsLn 15$0
Total assetsLn 16$261K
LiabilitiesLn 26$2K
Net assetsLn 32$259K
OperationsPt I, VI
EmployeesI 53
VolunteersI 6200
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13No
Records policyVI 14No
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY23End FY23
Cash and savingsLn 1–2$196K$158K
InvestmentsLn 11–13$80K$102K
Land, buildings, equipmentLn 10c$0
Total assetsLn 16$276K$261K
LiabilitiesLn 26$1K$2K
Net assetsLn 32$275K$259K
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$68K$51K$14K$3K
Pay of disqualified personsLn 6$0
Other salaries and wagesLn 7$37K$27K$7K$2K
Pension plan contributionsLn 8$0
Other employee benefitsLn 9$3K$2K$597$149
Payroll taxesLn 10$8K$6K$2K$397
Management feesLn 11a$0
Legal feesLn 11b$0
Accounting feesLn 11c$1K$865$231$58
Lobbying feesLn 11d$0
Professional fundraising feesLn 11e$0
Investment management feesLn 11f$941$941
Other fees for servicesLn 11g$0
Advertising and promotionLn 12$8K$7K$433$118
Office expensesLn 13$15K$6K$3K$6K
Information technologyLn 14$0
RoyaltiesLn 15$0
OccupancyLn 16$22K$17K$4K$1K
TravelLn 17$0
Travel and entertainment for public officialsLn 18$0
Conferences, conventions and meetingsLn 19$0
InterestLn 20$0
Payments to affiliatesLn 21$0
Depreciation, depletion and amortizationLn 22$0
InsuranceLn 23$4K$3K$878
Other expenses (24a–d)Ln 24$137K$137K$102
All other expensesLn 24e$0
Total functional expensesLn 25$304K$259K$32K$13K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest $378K$259K 990 PDF
FY2023 Viewing $279K$304K−$26K$259K 990 PDF
FY2022 $286K$269K$17K$275K 990 PDF
FY2021 $228K$197K$31K$273K 990 PDF
FY2020 $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 FY2023 990 (6 parts)
Part I · Summary $278,617 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $165,982$139,964
I-9 Program service revenuePrior year $117,565$69,401
I-10 Investment incomePrior year $2,415$5,079
I-11 Other revenue$64,173
I-12 Total revenuePrior year $285,962$278,617
I-13 Grants and similar amounts paid$0
I-14 Benefits paid to members$0
I-15 Salaries and benefitsPrior year $102,074$115,938
I-16a Professional fundraising fees$0
I-17 Other expensesPrior year $166,690$188,222
I-18 Total expensesPrior year $268,764$304,160
I-19 Revenue less expensesPrior year $17,198−$25,543
Part VI · Governance 22 of 23 board members independent, 2 to look at
VI-1a Voting members of the governing body23
VI-1b Independent voting members22
VI-13 Written whistleblower policyNo
VI-14 Document retention and destruction policyNo
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
VI-15a Process for setting top official's payYes
Part VIII · Statement of revenue $278,617 across 10 lines filed
VIII-1e Government grants$26,593
VIII-1f All other contributions, gifts and grants$113,371
VIII-1h Total contributions, gifts and grants$139,964
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $69,401$69,401
VIII-3 Investment incomeExcluded from tax $2,353$2,353
VIII-5 Royalties$0
VIII-6 Net rental income or lossRelated to mission $64,173$64,173
VIII-7 Net gain or loss on sales of assetsExcluded from tax $2,726$2,726
VIII-8 Net income from fundraising events$0
VIII-12 Total revenueRelated to mission $133,574 · Excluded from tax $5,079$278,617
Part IX · Statement of functional expenses $304,160 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 staffPrograms $51,375 · Management $13,700 · Fundraising $3,425$68,500
IX-6 Pay of disqualified persons$0
IX-7 Other salaries and wagesPrograms $27,381 · Management $7,302 · Fundraising $1,825$36,508
IX-8 Pension plan contributions$0
IX-9 Other employee benefitsPrograms $2,239 · Management $597 · Fundraising $149$2,985
IX-10 Payroll taxesPrograms $5,959 · Management $1,589 · Fundraising $397$7,945
IX-11a Management fees$0
IX-11b Legal fees$0
IX-11c Accounting feesPrograms $865 · Management $231 · Fundraising $58$1,154
IX-11d Lobbying fees$0
IX-11f Investment management feesPrograms $941$941
IX-12 Advertising and promotionPrograms $7,319 · Management $433 · Fundraising $118$7,870
IX-13 Office expensesPrograms $6,049 · Management $2,961 · Fundraising $5,975$14,985
IX-14 Information technology$0
IX-15 Royalties$0
IX-16 OccupancyPrograms $16,637 · Management $4,436 · Fundraising $1,109$22,182
IX-17 Travel$0
IX-18 Travel and entertainment for public officials$0
IX-19 Conferences, conventions and meetings$0
IX-20 Interest$0
IX-21 Payments to affiliates$0
IX-22 Depreciation, depletion and amortization$0
IX-23 InsurancePrograms $3,489 · Management $878$4,367
IX-24 Other expenses (24a–d)Programs $136,621 · Management $102$136,723
IX-24e All other expenses$0
IX-25 Total functional expensesPrograms $258,875 · Management $32,229 · Fundraising $13,056$304,160
Part X · Balance sheet $260,822 assets, 19 lines filed
X-1 Cash, non-interest-bearingStart of year $133,121$94,135
X-2 Savings and temporary cash investmentsStart of year $62,868$64,342
X-3 Pledges and grants receivable$0
X-4 Accounts receivable$0
X-8 Inventories for sale or use$0
X-9 Prepaid expenses and deferred charges$0
X-10c Land, buildings and equipment, net$0
X-11 Publicly traded securitiesStart of year $79,860$102,345
X-12 Other securities$0
X-13 Program-related investments$0
X-14 Intangible assets$0
X-15 Other assets$0
X-16 Total assetsStart of year $275,849$260,822
X-25 Other liabilitiesStart of year $1,085$1,581
X-26 Total liabilitiesStart of year $1,085$1,581
X-27 Net assets without donor restrictionsStart of year $194,904$156,896
X-28 Net assets with donor restrictionsStart of year $79,860$102,345
X-32 Total net assets or fund balancesStart of year $274,764$259,241
X-33 Total liabilities and net assetsStart of year $275,849$260,822
Part XI · Reconciliation of net assets $259,241 net assets at year end
XI-1 Total revenue$278,617
XI-2 Total expenses$304,160
XI-3 Revenue less expenses−$25,543
XI-4 Net assets at start of year$274,764
XI-5 Net unrealized gains (losses) on investments$10,020
XI-10 Net assets at end of year$259,241

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

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