Parkland Foundation EIN 75-2089180 Form 990 (PDF) Claim this org

Parkland Foundation

Not yet claimed Claim this org →

Raises and distributes funds to support the Dallas County Hospital District, specifically financing public health data analysis to improve local patient care. For fiscal year 2024 it reported $23.2M in revenue, $18.5M in expenses, and $48.1M in net assets.Pt I

Founded
1985
Type
Public charity (501(c)(3)) · Health Care
Location
Dallas, TX
Website
parklandhealthfoundation.org
Filings
5 on file (2020–2024)
Revenue
$23.2MFY2024
Expenses
$18.5M
Net assets
$48.1M
People
39
Filings
5
Updates
0
More identity details & actions ⌄
EIN  75-2089180 Public charity (501(c)(3)) Dallas, TX Founded 1985
Form 990 (PDF)
Compare with another nonprofit →
Figures match the IRS filing checked 8/11/26 · see original: IRS
Is this your organization?
Claim this profile to manage it and share your story.
Claim
Provided by the organization

This section is blank until Parkland Foundation claims this page.

Know this organization? Claim it to add your story

Size
$10–100M
What they do
Raises and distributes funds to support the Dallas County Hospital District, specifically financing public health data analysis to improve local patient care.
Leadership
Frederick P Cerise MD · President & CEO Phs
Money in and out
$23.2M revenue, $18.5M expenses
Bottom line
71% program efficiency
Where the money goes · FY2024
Total revenue
$23.2M
Pt VIII · Ln 12
Total expenses
$18.5M
Pt IX · Ln 25
Net assets
$48.1M
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $4.6M
Where spending went · Part IX cols B–D
Program services $0.71 Management & general $0.12 Fundraising $0.18
Program efficiency
71%
of spending reaches programs▲ +10% vs prior filing year
Operating runway
28.2mo
months of highly liquid reserves at operating expense rate▼ -29% vs prior filing year
Surplus margin
+20%
revenue over expenses, this year▼ -34% vs prior filing year

Summary of the Filing

Part I · fiscal year 2024 · Form 990
Revenue
$23.2M
FY2024▲ +23%
Expenses
$18.5M
FY2024▲ +41%
Total assets
$49.6M
FY2024▲ +7%
Total liabilities
$1.5M
FY2024▼ -49%
Total revenue
$23.2M
Pt VIII · Ln 12
Total expenses
$18.5M
Pt IX · Ln 25
Net assets
$48.1M
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$4.6M
Total assetsPt X · Ln 16$49.6M
Program-expense ratioPt IX · col B71%
Voting members of governing bodyPt I · Ln 326
Independent voting membersPt I · Ln 425
Mission & Programs · Part III

Where the work happens

2 program services account for $13.1M of program spending, described in the organization's own filed words · FY2024.
01

Patient Assistence

Includes items and services that enable patients to find and benefit from health care or to be discharged successfully. These srvices could include transportation, rental of certain home care medical equipment, food and small appliances.

$12.7Mprogram expense
02

Parkland Center for Clinical Innovation

Funding the Parkland Center for Clinical Innovation's efforts to collect and analyze public health data in specific patient populations in Dallas County.

$390Kprogram expense

Run this program? Claim this org to tell your story

Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CParkland Foundation
EINHdr · item D75-2089180
Principal addressHdr · item CDallas, TX
WebsiteHdr · item Jparklandhealthfoundation.org
Year of formationHdr · item L1985
State of legal domicileHdr · item MTX
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFHealth Care (E122)
Ruling yearIRS BMFAug 1986

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a26
Independent voting membersPt VI · Ln 1b25
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 15aYes
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
President & CEO Phs
$0Pt VII · Sec A
President & CEO Foundation
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Director of Engagement
$0Pt VII · Sec A
Director of Operation
$0Pt VII · Sec A
See Parkland Foundation executive salaries →

Are you one of these people? Claim this org to confirm your role

Statement of Revenue

Part VIII
Contributions & grants$20.6M · 89%
Investment income$2.5M · 11%
Contributions & grants89%$20.6M
Investment income11%$2.5M
Total revenueLn 12$23.2M

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.71 Management & general $0.12 Fundraising $0.18
Program services71%$13.1M
Management & general12%$2.2M
Fundraising18%$3.3M
Total functional expensesLn 25$18.5M

Balance Sheet

Part X · end of year
CashLn 1$31.7M
Total assetsLn 16$49.6M
Total liabilitiesLn 26$1.5M
Total net assetsLn 32$48.1M
Months of cash on handcomputed20.5

Financial Metrics

Form 990 · FY2024 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $43.5M · Operating expenses (Pt IX) $18.5M · Less non-cash grants $20K · Cash operating expenses/yr $18.5M
28.2 months
Where the money goes
Program services
Program services $13.1M · Total expenses $18.5M
71%
Management & General
Management & general $2.2M · Total expenses $18.5M
12%
Fundraising
Fundraising $3.3M · Total expenses $18.5M
18%
Cost to raise $1
Fundraising expense (3-yr avg) $2.9M · Solicited contributions (3-yr avg) $17.6M
$0.16 to raise $1 (3-yr avg)
Where the money comes from
Contribution dependence
Contributions & grants $20.6M · Total revenue $23.2M
89%
Government reliance
Government grants — · Total revenue $23.2M
Earned-income share
Program service revenue $0 · Total revenue $23.2M
0%
Investment reliance
Investment income $2.5M · Total revenue $23.2M
+11%
Program self-sufficiency
Program service revenue $0 · Total expenses $18.5M
0%
Growth & trend
Revenue growth (YoY)
This year $23.2M · Prior year $18.8M
+23%
Revenue CAGR
FY2019 $17.8M · FY2024 $23.2M
+5%
Net-asset trend (YoY)
End of year $48.1M · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $23.2M · Expenses $18.5M
+20%
Liabilities-to-Assets
Total liabilities — · Total assets $49.6M
Net-asset ratio
Net assets $48.1M · Total assets $49.6M
97%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) $11.7M · Other securities (Pt X, ln 12) $0 · Total assets (Pt X, ln 16) $49.6M
24%
People & payroll
Highest Reported Total Compensation
Individual Frederick P Cerise MD · Reported title President & CEO PHS · Highest reported compensation $0 · Total expenses $18.5M
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $4.5M · Total expenses $18.5M
24%
Fundraising vendors
Fundraiser cost ratio
Paid to fundraisers $249K · Gross raised $236K
106%
Peer comparison

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

MetricThis orgPeer medianPercentile
Program ratio 71%
Overhead ratio 12%
Fundraising cost ratio 16%
Revenue growth 23%

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$250K
Grants paid · 13 grants · $92.0M · 2019–2024
Dallas County Hospital DistrictTX · FY2024$12,727,098
Parkland Center for Clinical InnovationFY2024$390,195
Dallas County Hospital DistrictTX · FY2023$8,124,709
Parkland Center for Clinical InnovationFY2023$356,031
Dallas County Hospital DistrictTX · FY2022$10,534,360
Parkland Center for Clinical InnovationFY2022$488,992
Dallas County Hospital DistrictTX · FY2021$9,039,367
Parkland Center for Clinical InnovationFY2021$242,450
Dallas County Hospital DistrictTX · FY2020$29,058,175
Parkland Center for Clinical InnovationFY2020$251,190
Dallas County Hospital DistrictTX · FY2019$20,069,989
Ut Southwestern Health SystemsTX · FY2019$500,000
Parkland Center for Clinical InnovationFY2019$203,318

Similar Organizations

Closest in mission — by what they do
See all organizations like Parkland Foundation →

Compare

Search another nonprofit to view revenue, expenses, assets, key metrics, and leaders side by side

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$18.8M revenue · ⤓ 990 PDF
FY2023$16.3M revenue · ⤓ 990 PDF
FY2022$20.4M revenue · ⤓ 990 PDF
FY2021$13.5M revenue · ⤓ 990 PDF
FY2020$17.8M revenue · ⤓ 990 PDF

Want to add your own materials alongside these filings? Claim this org

Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2024IRS
Classification, formation year, addressIRS Business Master File
Names, privacy, and removal requests More

The names, titles, and compensation shown on this page are reproduced from IRS Form 990 filings, which are public records.

Philanthropy.org does not alter the content of those filings. All information appears exactly as reported by the filing organization for the tax year shown.

We publish only information contained in the public IRS filing — and less than the filing contains. Our profile pages do not display street addresses, telephone numbers, personal email addresses, or other personal contact information, even where the filing includes them.

Many people share the same name. A name shown on this page reflects only what one organization reported in one IRS filing for one tax year. It should not be interpreted as identifying any other individual with the same or a similar name.

If you are no longer affiliated with the organization, your name will generally stop appearing in future IRS filings once the organization no longer reports you. Pages for tax years in which you were reported remain published because those filings remain part of the public record.

Philanthropy.org does not alter or remove IRS filing records. Removing a page from this website would not remove the underlying IRS filing, which remains publicly available from the IRS and other publishers of the same information.

If you believe the IRS filing itself is inaccurate, corrections must be made by the filing organization or the IRS directly.

If you ARE the filing organization, claim this org and add context

Made it to the end? Claim this organization

All figures are derived from public IRS Form 990 filings and are presented without evaluation of any organization. philanthropy.org does not rate, score, or rank organizations, including the peer-cohort and compensation comparisons above.