Trinity Park Conservancy Community Development Corporation FY2023 filing

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Supporting and assisting Trinity Park Conservancy's charitable and educational purposes

501(c)(3) charity; gifts are tax-deductible.
69¢ of each $1 spent went to programs.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX

Before you give

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
FY2025
latest Form 990
Looks good: the latest return is for FY2025, 1 tax year back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
4 of 4
filings with a surplus
Average surplus $964K a year · 73% of revenue · last 4 filings
Looks good: a surplus in 4 of the last 4 filings.
Pt I · Ln 19 · 4 filings
Spent on programs
69%
of spending
Fine: 69% of spending went to programs; 65% to 75%.
Pt IX · Ln 25 · col B
<1 mo
of spending, in cash
Concern: 0.1 months of spending in cash; under 2 weeks.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
1
named funder · $410K
Fine: 1 funder names it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$5.7M
66% of total assets
Worth a look: liabilities are 66% of assets; over 65%.
Pt X · Ln 26
Independent board members
4
of 4 voting members
Looks good: 4 of 4 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$3.0M
×12 vs prior year
Spent
$279K
To programs
69%
Net assets
$2.9M
By yearFY2020–FY2025
Revenue
$3.0M
FY2023▲ ×12
Tap a bar for its year
Revenue by fiscal year
FY2020$80K
FY2021$133K
FY2022$250K
FY2023$3.0M
FY2024$408K
FY2025$1.6M
Expenses
$279K
FY2023▲ +177%
Tap a bar for its year
Expenses by fiscal year
FY2020Not on file
FY2021Not on file
FY2022$101K
FY2023$279K
FY2024$105K
FY2025$972K
Net assets
$2.9M
FY2023▲ ×17
Tap a bar for its year
Net assets by fiscal year
FY2020Not on file
FY2021$24K
FY2022$173K
FY2023$2.9M
FY2024$3.2M
FY2025$3.9M

From the FY2023 Form 990 · figures checked against the IRS filing · see the original

990 PDF Claim
You’re viewing the FY2023 filing — not the latest on file. See the latest (FY2025) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Mar 2021.

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

Where the money goes

69 cents of each dollar spent went to programs.

Program services 69% · $193K Management & general 31% · $86K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

Something off? Claim to add context

Who runs it and what they're paid

8 people listed on the 990.

Part VII, Section A · reportable compensation
President & CEO
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Secretary
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
See Trinity Park Conservancy Community Development Corporation executive salaries →

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

Helps a park conservancy achieve its charitable and educational goals.

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1 program · $193K · in their own filed words · FY2023
01

Strategic planning to support Trinity Park Conservancy's activities in the area surrounding Harold Simmons Park

$193Kprogram 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 · FY2023
Total grants receivedfrom 1 funder$410K

By the numbers

The FY2023 990, line by line.

1The main four
Money inPt VIII
$3.0M
Ln 12
Gifts and grantsLn 1h$3.0M
Money outPt IX
$279K
Ln 25
Programscol B$193K
Managementcol C$86K
Owns and owesPt X
$2.9M
net assets · Ln 32
Cash and savingsLn 1–2$2K
Total assetsLn 16$8.7M
LiabilitiesLn 26$5.7M
PeoplePt VI, VII
8
listed · VII A
PaidVII A0
Voting boardVI 1a4
IndependentVI 1b4
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$3.0M
Gains on assetsLn 7$0
Total revenueLn 12$3.0M
Assets in detailPt X, end of year
CashLn 1$2K
SavingsLn 2$0
Cash and savings togetherLn 1–2$2K
InvestmentsLn 11–13$0
Land, buildings, equipmentLn 10c$0
Other assetsLn 15$8.7M
Total assetsLn 16$8.7M
LiabilitiesLn 26$5.7M
Net assetsLn 32$2.9M
OperationsPt I, VI
EmployeesI 50
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY23End FY23
Cash and savingsLn 1–2$16K$2K
InvestmentsLn 11–13$0
Land, buildings, equipmentLn 10c$0
Total assetsLn 16$363K$8.7M
LiabilitiesLn 26$189K$5.7M
Net assetsLn 32$173K$2.9M
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$0
Pay of disqualified personsLn 6$0
Other salaries and wagesLn 7$0
Pension plan contributionsLn 8$0
Other employee benefitsLn 9$0
Payroll taxesLn 10$0
Management feesLn 11a$0
Legal feesLn 11b$76K$53K$23K
Accounting feesLn 11c$0
Lobbying feesLn 11d$0
Professional fundraising feesLn 11e$0
Investment management feesLn 11f$0
Other fees for servicesLn 11g$104K$72K$32K
Advertising and promotionLn 12$0
Office expensesLn 13$41$28$13
Information technologyLn 14$0
RoyaltiesLn 15$0
OccupancyLn 16$95K$66K$29K
TravelLn 17$0
Travel and entertainment for public officialsLn 18$0
Conferences, conventions and meetingsLn 19$469$325$144
InterestLn 20$0
Payments to affiliatesLn 21$0
Depreciation, depletion and amortizationLn 22$0
InsuranceLn 23$5K$3K$1K
All other expensesLn 24e$0
Total functional expensesLn 25$279K$193K$86K$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest $1.6M$972K$639K$3.9M 990 PDF
FY2024Filed with the IRS Oct 27, 2025 $408K$105K$303K$3.2M 990 PDF
FY2023 ViewingFiled with the IRS Jun 3, 2024 $3.0M$279K$2.8M$2.9M 990 PDF
FY2022Filed with the IRS May 15, 2023 $250K$101K$150K$173K 990 PDF
FY2021Filed with the IRS May 12, 2022 $133K$24K 990 PDF
FY2020Filed with the IRS Jun 2, 2021 $80K 990 PDF

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 $3,042,870 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $250,500$3,042,870
I-9 Program service revenue$0
I-10 Investment income$0
I-11 Other revenue$0
I-12 Total revenuePrior year $250,500$3,042,870
I-13 Grants and similar amounts paid$0
I-14 Benefits paid to members$0
I-15 Salaries and benefits$0
I-16a Professional fundraising feesPrior year $10,150$0
I-17 Other expensesPrior year $90,812$279,443
I-18 Total expensesPrior year $100,962$279,443
I-19 Revenue less expensesPrior year $149,538$2,763,427
Part VI · Governance 4 of 4 board members independent, 1 to look at
VI-1a Voting members of the governing body4
VI-1b Independent voting members4
VI-15a Process for setting top official's payNo
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
VI-13 Written whistleblower policyYes
VI-14 Document retention and destruction policyYes
Part VIII · Statement of revenue $3,042,870 across 9 lines filed
VIII-1d Related organizations$880,890
VIII-1f All other contributions, gifts and grants$2,161,980
VIII-1h Total contributions, gifts and grants$3,042,870
VIII-3 Investment income$0
VIII-5 Royalties$0
VIII-6 Net rental income or loss$0
VIII-7 Net gain or loss on sales of assets$0
VIII-8 Net income from fundraising events$0
VIII-12 Total revenue$3,042,870
Part IX · Statement of functional expenses $279,443 across 30 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 staff$0
IX-6 Pay of disqualified persons$0
IX-7 Other salaries and wages$0
IX-8 Pension plan contributions$0
IX-9 Other employee benefits$0
IX-10 Payroll taxes$0
IX-11a Management fees$0
IX-11b Legal feesPrograms $52,750 · Management $23,446$76,196
IX-11c Accounting fees$0
IX-11d Lobbying fees$0
IX-11f Investment management fees$0
IX-11g Other fees for servicesPrograms $71,653 · Management $31,847$103,500
IX-12 Advertising and promotion$0
IX-13 Office expensesPrograms $28 · Management $13$41
IX-14 Information technology$0
IX-15 Royalties$0
IX-16 OccupancyPrograms $65,584 · Management $29,149$94,733
IX-17 Travel$0
IX-18 Travel and entertainment for public officials$0
IX-19 Conferences, conventions and meetingsPrograms $325 · Management $144$469
IX-20 Interest$0
IX-21 Payments to affiliates$0
IX-22 Depreciation, depletion and amortization$0
IX-23 InsurancePrograms $3,118 · Management $1,386$4,504
IX-24e All other expenses$0
IX-25 Total functional expensesPrograms $193,458 · Management $85,985 · Fundraising $0$279,443
Part X · Balance sheet $8,676,649 assets, 19 lines filed
X-1 Cash, non-interest-bearingStart of year $15,531$2,000
X-2 Savings and temporary cash investments$0
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 chargesStart of year $3,030$2,823
X-10c Land, buildings and equipment, net$0
X-11 Publicly traded securities$0
X-12 Other securities$0
X-13 Program-related investments$0
X-14 Intangible assets$0
X-15 Other assetsStart of year $344,194$8,671,826
X-16 Total assetsStart of year $362,755$8,676,649
X-17 Accounts payable and accrued expensesStart of year $26,324$114,791
X-26 Total liabilitiesStart of year $189,324$5,739,791
X-27 Net assets without donor restrictionsStart of year $173,431$2,876,858
X-28 Net assets with donor restrictions$60,000
X-32 Total net assets or fund balancesStart of year $173,431$2,936,858
X-33 Total liabilities and net assetsStart of year $362,755$8,676,649
Part XI · Reconciliation of net assets $2,936,858 net assets at year end
XI-1 Total revenue$3,042,870
XI-2 Total expenses$279,443
XI-3 Revenue less expenses$2,763,427
XI-4 Net assets at start of year$173,431
XI-10 Net assets at end of year$2,936,858

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

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