River Parks Foundation EIN 73-1386151 Form 990 (PDF) Claim this org

River Parks Foundation FY2021 filing

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Improves Tulsa's quality of life by supporting the River Parks system. For fiscal year 2021 it reported $1.0M in revenue, $785K in expenses, and $2.4M in net assets.Pt I

Founded
1991
Type
Public foundation / grantmaker · Foundations & Grantmakers
Location
Tulsa, OK
Website
riverparks.org
Filings
5 on file (2020–2021)
Revenue
$1.0MFY2021
Expenses
$785K
Net assets
$2.4M
People
6
Filings
5
Updates
0
More identity details & actions ⌄
EIN  73-1386151 Public foundation / grantmaker Tulsa, OK Founded 1991
Form 990 (PDF)
You’re viewing the FY2021 filing — not the latest on file. See the latest (FY2024) →
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Figures match the IRS filing checked 8/24/26 · see original: IRS
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Size
$1–10M
What they do
Improves Tulsa's quality of life by supporting the River Parks system.
Leadership
Darton J Zink · Chairman
Money in and out
$1.0M revenue, $785K expenses
Bottom line
66% program efficiency
Grants paid & assets · FY2021
Total revenue
$1.0M
Pt VIII · Ln 12
Total expenses
$785K
Pt IX · Ln 25
Net assets
$2.4M
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $251K
Where spending went · Part IX cols B–D
Program services $0.66 Management & general $0.34
Program efficiency
66%
of spending reaches programs
Operating runway
36.8mo
months of highly liquid reserves at operating expense rate
Surplus margin
+24%
revenue over expenses, this year

Summary of the Filing

Part I · fiscal year 2021 · Form 990
Revenue
$1.0M
FY2021▲ +5%
Expenses
$785K
FY2021▲ +11%
Total assets
$2.4M
FY2021▲ +7%
Total liabilities
$4K
FY2021▼ -96%
Total revenue
$1.0M
Pt VIII · Ln 12
Total expenses
$785K
Pt IX · Ln 25
Net assets
$2.4M
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$251K
Total assetsPt X · Ln 16$2.4M
Program-expense ratioPt IX · col B66%
Voting members of governing bodyPt I · Ln 35
Independent voting membersPt I · Ln 45

Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CRiver Parks Foundation
EINHdr · item D73-1386151
Principal addressHdr · item CTulsa, OK
WebsiteHdr · item Jriverparks.org
Year of formationHdr · item L1991
State of legal domicileHdr · item MOK
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFFoundations & Grantmakers (T30)
Ruling yearIRS BMFOct 1991

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a5
Independent voting membersPt VI · Ln 1b5
Conflict-of-interest policyPt VI · Ln 12aYes
Whistleblower policyPt VI · Ln 13Yes
Document retention policyPt VI · Ln 14Yes
CEO/top-official compensation independently reviewedPt VI · Ln 15aNo
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation · most recent filed roster (FY2020); the FY2021 filing did not itemize Part VII
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Executive Director
$0Pt VII · Sec A
See River Parks Foundation executive salaries →

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Mission & Programs · Part III

Where the work happens

1 program service account for $521K of program spending, described in the organization's own filed words · FY2020.
01

Facilitated private donations for the benefit of tulsa's river parks park system. Provided park improvements, maintenance and construction.

$521Kprogram expense

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Statement of Revenue

Part VIII
Contributions & grants$1.1M · 103%
Program service revenue$31K · 3%
Contributions & grants103%$1.1M
Program service revenue3%$31K
Investment income$3K
— government grantsLn 1e$20K
Total revenueLn 12$1.0M

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.66 Management & general $0.34
Program services66%$521K
Management & general34%$264K
Total functional expensesLn 25$785K

Balance Sheet

Part X · end of year
CashLn 1$2.4M
Total assetsLn 16$2.4M
Total liabilitiesLn 26$4K
Total net assetsLn 32$2.4M
Months of cash on handcomputed36.8

Financial Metrics

Form 990 · FY2021 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $2.4M · Operating expenses/yr $785K
36.8 months
Where the money goes
Program services
Program services $521K · Total expenses $785K
66%
Management & General
Management & general $264K · Total expenses $785K
34%
Fundraising
Fundraising $0 · Total expenses $785K
0%
Cost to raise $1
Fundraising expense (2-yr avg) $0 · Solicited contributions (2-yr avg) $1.0M
Solicited contributions below reporting floor
Where the money comes from
Contribution dependence
Contributions & grants $1.1M · Total revenue $1.0M
103%
Government reliance
Government grants $20K · Total revenue $1.0M
2%
Earned-income share
Program service revenue $31K · Total revenue $1.0M
3%
Investment reliance
Investment income $3K · Total revenue $1.0M
+0.3%
Program self-sufficiency
Program service revenue $31K · Total expenses $785K
4%
Growth & trend
Revenue growth (YoY)
This year $1.0M · Prior year $987K
+5%
Net-asset trend (YoY)
End of year $2.4M · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $1.0M · Expenses $785K
+24%
Liabilities-to-Assets
Total liabilities — · Total assets $2.4M
Net-asset ratio
Net assets $2.4M · Total assets $2.4M
100%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $2.4M
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Darton J Zink · Reported title CHAIRMAN · Highest reported compensation $0 · Total expenses $785K
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) — · Total expenses $785K
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 66%
Overhead ratio 34%
Fundraising cost ratio 0%
Revenue growth 5%
Legal fee ratio 0.07%
Accounting fee ratio 2%

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

Grants

Schedule I · received and paid
Grants received · FY2025
Total grants receivedfrom 1 funder$3K
Grants paid · 5 grants · $4.9M · 2019–2023
River Parks AuthorityOK · FY2023$457,629
River Parks AuthorityOK · FY2022$2,498,954
River Parks AuthorityOK · FY2021$1,196,447
River Parks AuthorityOK · FY2020$421,592
River Parks AuthorityOK · FY2019$337,893

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Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2024$4.9M revenue · ⤓ 990 PDF
FY2023$2.3M revenue · ⤓ 990 PDF
FY2022$3.9M revenue · ⤓ 990 PDF
FY2021$1.0M revenue · viewing · ⤓ 990 PDF
FY2020$987K revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2021IRS
Classification, formation year, addressIRS Business Master File
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