Akron Parks Collaborative EIN 82-4927742

Akron Parks Collaborative FY2020 filing

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Improves Akron neighborhoods by supporting citizen-led park design and sustainability. For fiscal year 2020 it reported $250K in revenue, $179K in expenses, and $71K in net assets.Pt I

Type
Public charity (501(c)(3)) · Recreation & Sports
Location
Akron, OH
Website
www.akronparks.org
Filings
6 on file (2019–2020)
Revenue
$250KFY2020
Expenses
$179K
Net assets
$71K
People
15
Filings
6
Updates
0
More identity details & actions ⌄
EIN  82-4927742 Public charity (501(c)(3)) Akron, OH
Form 990 (PDF)
You’re viewing the FY2020 filing — not the latest on file. See the latest (FY2024) →
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Size
$100K–1M
What they do
Improves Akron neighborhoods by supporting citizen-led park design and sustainability.
Leadership
Allan P Sweet · President and Secretary
Money in and out
$250K revenue, $179K expenses
Bottom line
87% program efficiency
Where the money goes · FY2020
Total revenue
$250K
Pt VIII · Ln 12
Total expenses
$179K
Pt IX · Ln 25
Net assets
$71K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $71K
Where spending went · Part IX cols B–D
Program services $0.87 Management & general $0.13
Program efficiency
87%
of spending reaches programs
Operating runway
4.8mo
months of highly liquid reserves at operating expense rate
Surplus margin
+29%
revenue over expenses, this year

Summary of the Filing

Part I · fiscal year 2020 · Form 990
Revenue
$250K
FY2020▲ +166%
Expenses
$179K
FY2020
Total assets
$72K
FY2020
Total liabilities
$533
FY2020
Total revenue
$250K
Pt VIII · Ln 12
Total expenses
$179K
Pt IX · Ln 25
Net assets
$71K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$71K
Total assetsPt X · Ln 16$72K
Program-expense ratioPt IX · col B87%
Voting members of governing bodyPt I · Ln 314
Independent voting membersPt I · Ln 414
Mission & Programs · Part III

Where the work happens

1 program service account for $156K of program spending, described in the organization's own filed words · FY2020.
01

Engagement of the akron, ohio community around vibrant park space within the city and fostering and supporting friends groups around single city parks. Engagement included increasing tree canopy through akron by planting and maintaining trees.

$156Kprogram expense

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CAkron Parks Collaborative
EINHdr · item D82-4927742
Principal addressHdr · item CAkron, OH
WebsiteHdr · item Jwww.akronparks.org
Year of formationHdr · item Lpending
State of legal domicileHdr · item MOH
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFRecreation & Sports (N32)
Ruling yearIRS BMFMar 2019

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a14
Independent voting membersPt VI · Ln 1b14
Conflict-of-interest policyPt VI · Ln 12aYes
Whistleblower policyPt VI · Ln 13No
Document retention policyPt VI · Ln 14No
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
President and Secretary
$0Pt VII · Sec A
Vice President
$0Pt VII · Sec A
Treasurer
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A

Bridget Ambrisco’s $98K as Executive Director is at the 92nd percentile of top reported officer pay among 1018 $100K–1M recreation & sports 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

NameFY2024FY2023FY2022
Bridget Ambrisco$98,418$93,427$54,429

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.

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Statement of Revenue

Part VIII
Program service revenue$192K · 77%
Contributions & grants$58K · 23%
Program service revenue77%$192K
Contributions & grants23%$58K
Total revenueLn 12$250K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.87 Management & general $0.13
Program services87%$156K
Management & general13%$23K
Total functional expensesLn 25$179K

Balance Sheet

Part X · end of year
CashLn 1$72K
Total assetsLn 16$72K
Total liabilitiesLn 26$533
Total net assetsLn 32$71K
Months of cash on handcomputed4.8

Financial Metrics

Form 990 · FY2020 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $72K · Operating expenses/yr $179K
4.8 months
Where the money goes
Program services
Program services $156K · Total expenses $179K
87%
Management & General
Management & general $23K · Total expenses $179K
13%
Fundraising
Fundraising $0 · Total expenses $179K
0%
Cost to raise $1
Fundraising expense $0 · Solicited contributions $58K
Solicited contributions below reporting floor
Where the money comes from
Contribution dependence
Contributions & grants $58K · Total revenue $250K
23%
Government reliance
Government grants — · Total revenue $250K
Earned-income share
Program service revenue $192K · Total revenue $250K
77%
Investment reliance
Investment income $0 · Total revenue $250K
0%
Program self-sufficiency
Program service revenue $192K · Total expenses $179K
107%
Growth & trend
Revenue growth (YoY)
This year $250K · Prior year $94K
+166%
Net-asset trend (YoY)
End of year $71K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $250K · Expenses $179K
+29%
Liabilities-to-Assets
Total liabilities — · Total assets $72K
Net-asset ratio
Net assets $71K · Total assets $72K
99%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $72K
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Allan P Sweet · Reported title PRESIDENT AND SECRETARY · Highest reported compensation $0 · Total expenses $179K
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $34K · Total expenses $179K
19%
Peer comparison

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

MetricThis orgPeer medianPercentile
Program ratio 87%
Overhead ratio 13%
Fundraising cost ratio 0%
Revenue growth 166%
Accounting fee ratio 1%

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 · funders on record
Grants received · FY2024
Total grants receivedfrom 2 funders$16K

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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 (Latest)$363K revenue · ⤓ 990 PDF
FY2023$983K revenue · ⤓ 990 PDF
FY2022$538K revenue · ⤓ 990 PDF
FY2021$302K revenue · ⤓ 990 PDF
FY2020$250K revenue · viewing · ⤓ 990 PDF
FY2019$94K revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2020IRS
Classification, formation year, addressIRS Business Master File
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