2024-04-17T13:39:09-07:00 2023-06-30 990 2022-07-01 112843763 PROSPECT PARK ALLIANCE INC PROS 7189658951 95 Prospect Park West Brooklyn NY 112153709 Morgan Monaco President 7189658982 2024-04-18 Morgan Monaco 999009999 1 1 11 1 AAL2 2022 2023-04-26 12:10:37Z MORGAN MONACO 95 PROSPECT PARK W BROOKLYN NY 11215 14742065 0 X www.prospectpark.org X 1987 NY In partnership with the City of New York and the community, the Prospect Park Alliance restores, develops, and operates Prospect Park for the enjoyment of all by caring for the natural environment, preserving historic design, and serving the public through facilities and programs. 36 35 195 2478 0 0 14030891 6348270 6596092 7466991 771577 724037 -486581 -488242 20911979 14051056 0 0 0 0 6802108 7944872 354400 357457 1648093 4496263 6415185 11652771 14717514 9259208 -666458 40316245 40930946 3062541 2858211 37253704 38072735 In partnership with the City of New York and the community, the Prospect Park Alliance restores, develops, and operates Prospect Park for the enjoyment of all by caring for the natural environment, preserving historic design, and serving the public through facilities and programs. 0 0 5279000 0 6253477 Visitor Services and Events: Prospect Park receives more than 10 million visits each year and the Alliance serves visitors to the Park by offering a variety of fee-based recreational activities, public and private events, and food service operations. Recreational activities include a year-round tennis center and carousel rides in the summer. Food and beverage services are available for refreshment, private events may be held at a number of different locations, and public events are coordinated throughout the year. The Alliance sublicenses the LeFrak Center and works closely with the operator to provide a variety of year round recreational activities. 2310350 0 1172789 Design and Construction: Prospect Park Alliance restores the landscape and buildings within the Park while preserving the historic design. Projects are taken through a design and approval process, in partnership with the City of New York Department of Parks and Recreation, and are supervised during construction by Prospect Park Alliance. Projects designed by Prospect Park Alliance have won a number of prestigious awards. 2550728 0 40725 Field Operations: Prospect Park Alliance partners with the City of New York Department of Parks and Recreation (NYC Parks) in caring for the Park's natural environment. The Landscape Management Team monitors, restores and maintains 250 acres of natural areas, coordinating volunteers and the Alliance's Woodlands Youth Crew in this work. The Alliance also provides maintenance staff, supplementing the staff of NYC Parks in cleaning the Park as well as providing a crew to make repairs. 1186380 0 0 Prospect Park Alliance offers educational programs teaching visitors about the natural world and its stewardship, helping to support the Alliance's mission to maintain the Park as a resource for New York City, especially those New Yorkers from underserved and low to mid-income neighborhoods. The Park's Audubon Center and Lefferts Historic House Museum provide important educational and cultural programming. Prospect Park also has a very active Volunteer Corps that is made up of community members who donate their time and energy and are critical to the ongoing maintenance and restoration of the Park. 1186380 0 0 11326458 1 1 0 1 0 0 0 1 0 1 1 0 0 0 1 0 1 0 0 0 0 0 0 1 1 0 0 0 0 1 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 98 0 1 195 1 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 X 36 35 1 0 0 0 0 1 0 1 1 0 0 1 1 1 1 1 1 1 1 0 NY X X X Prospect Park Alliance Inc James Snow Chief Operating Officer & CFO 7189658980 95 Prospect Park West Brooklyn NY 112153709 James Snow COO / CFO / Interim President 40 0 X X 294551 0 6956 Christian Zimmerman VP, Capital and Landscape Mgmt 40 0 X 182220 0 33452 Susan Sharer VP, Development 40 0 X 165324 0 41642 Deborah Kirschner VP, Communications + External Relations 40 0 X 121492 0 40919 Adina Cole VP, People + Culture 40 0 X 137188 0 20410 Maria Carrasco VP, Public Programs 40 0 X 136471 0 2720 Curline Roserie Controller 40 0 X 109609 0 14947 Adrian Clarke Tennis Center Director 40 0 X 119141 0 0 Susan Donoghue President/Ex-officio Board Member ending 2/2022 40 0 X X 53715 0 1074 Morgan Monaco President and Park Administrator 40 0 X X 5769 0 0 Susan Donoghue Ex-officio - Commissioner, NYC Parks & Recreation effective 02/2022 2 0 X 0 0 0 Iris Weinshall Chair / Board Member 2 0 X 0 0 0 Sharon Myrie Vice Chair / Board Member 2 0 X 0 0 0 Mark A and Catherine Varous Treasurer/Board Member 2 0 X 0 0 0 Sarah Gerstenzang Secretary / Board Member 2 0 X 0 0 0 Shahana Hanif Ex-Officio/NYC Council Member 2 0 X 0 0 0 Antonio Reynoso Ex-officio - Brooklyn Borough President 2 0 X 0 0 0 James Patchett Board Member / Mayoral Appointment 2 0 X 0 0 0 Lori Ardito Board Member 2 0 X 0 0 0 Shawn Austin Board Member 2 0 X 0 0 0 Andrew Birsh Board Member 2 0 X 0 0 0 Luciana Francese DeCrosta Board Member 2 0 X 0 0 0 Allison Dunn Board Member 2 0 X 0 0 0 Jill Eisenstadt Board Member 2 0 X 0 0 0 Liza Gilbert Board Member 2 0 X 0 0 0 Sharon Greenberger Board Member 2 0 X 0 0 0 Winthrop Hoyt Board Member 2 0 X 0 0 0 Jorge Juantorena Board Member 2 0 X 0 0 0 Michael Kalt Board Member 2 0 X 0 0 0 Susan Kath Board Member 2 0 X 0 0 0 Tom Keany Board Member 2 0 X 0 0 0 Kyle Kimball Board Member 2 0 X 0 0 0 Sabrina Leblanc Board Member 2 0 X 0 0 0 Rebecca Messner Leckie Board Member 2 0 X 0 0 0 Raquel Malmberg Board Member 2 0 X 0 0 0 Jeff Mandel Board Member 2 0 X 0 0 0 David M Marcinek Board Member 2 0 X 0 0 0 Lark-Marie Menchini Board Member 2 0 X 0 0 0 Bahia Ramos Board Member 2 0 X 0 0 0 Dr Patricia Ramsey Board Member 2 0 X 0 0 0 Robert Rosenberg Board Member 2 0 X 0 0 0 Elizabeth Ryan Board Member 2 0 X 0 0 0 Page Sargisson Board Member 2 0 X 0 0 0 Anne Sperling Board Member 2 0 X 0 0 0 Dr Nanette Thomas Board Member 2 0 X 0 0 0 Saundra Thomas Board Member 2 0 X 0 0 0 Shannon Winer Board Member 2 0 X 0 0 0 1325480 0 162120 9 0 1 0 Upsilon Entertainment Group LLC 4 DURHAM ROAD LARCHMONT NY 10538 Event Production 404237 Orr Group Inc 3000 K Street NW Suite E280 Washington DC 20007 Fundraising consulting services 308462 Startec Mechanical LLC 1524 East 96th Street Brooklyn NY 11236 Facility maintenance 267222 Tennis Enterprise USA Inc PO Box 539 Closter NJ 07624 General contracting 128871 Nadzeya Lysak 440 E 9th STREET 3E Brooklyn NY 11218 Tennis instructor services 102978 6 0 700332 1014115 0 148359 4485464 548062 6348270 Visitor Services and Events 713900 6253477 6253477 0 0 Design and Construction 541320 1172789 1172789 0 0 Field Operations 712190 40725 40725 0 0 Education and Public Programs 712190 0 0 0 0 0 0 0 0 7466991 724037 0 0 724037 0 0 0 0 0 0 0 0 0 0 0 0 86750 1014115 641438 -554688 0 -554688 102464 49571 52893 52893 0 0 13553 13553 0 0 13553 14051056 7533437 0 169349 X 732619 365687 352061 14871 5798463 4609611 487374 701478 85708 64056 11172 10480 782766 569491 119371 93904 545316 431815 52644 60857 48875 48875 78250 78250 357457 357457 2950186 2668831 172649 108706 23742 23742 202638 19726 113731 69181 241737 95703 93133 52901 888168 887049 1119 12269 10262 2007 54079 2083 51886 110 69955 61392 8465 98 412379 297949 114430 License, credit card & permit fees 581876 531238 0 50638 Other program materials 255035 226799 0 28236 Equipment including rental repairs 295004 283126 0 11878 300992 177898 35796 87298 14717514 11326458 1742963 1648093 6801915 1456829 6528315 11571201 5650105 4334891 1159824 1336234 15659 28427 244679 379112 5627898 5018904 319114 608994 19468125 21093470 128509 121788 40316245 40930946 2031771 1489192 0 0 1030770 1326707 0 0 0 0 0 42312 3062541 2858211 X 23098292 23520593 14155412 14552142 37253704 38072735 40316245 40930946 -666458 1485489 0 0 0 0 X 0 1 X 1 0 X 4881479 5466616 7542183 14226594 6507120 38623992 0 0 0 0 0 0 515458 445367 451022 419187 355968 2187002 5396937 5911983 7993205 14645781 6863088 40810994 3030940 37780054 398919 446793 593112 771577 724037 2934438 0 0 0 0 0 0 0 0 0 0 0 0 43745432 7702786 0.86363 0.86068 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 78250 78250 11248209 11326459 716323 179081 0 0 577171 514706 584594 716323 2392794 3589191 73200 73200 21150 78250 245800 144293 128677 146149 179081 598200 897300 0 0 0 0 0 0 0 X X X 0 24786749 0 2195134 0 1640514 0 25341369 26582473 30272 -2798156 0 -972160 0 24786749 20015371 155270 4628621 0 -1783211 0 26582473 18978765 32500 1456451 0 452345 0 20015371 17504524 5741 1492614 0 24114 0 18978765 0.902 0.0724 0.0256 0 0 0 0 0 3728892 0 3728892 0 0 0 0 0 1534740 0 1290012 244728 364266 0 0 364266 608994 Lease obligation on modular building 42312 42312 15980559 1485489 403175 0 49571 1938235 14042324 0 8732 8732 14051056 15161534 403175 0 0 49572 452747 14708787 0 8727 8727 14717514 Schedule D, Part III, Line 1 The Alliance maintains collections of historic reference materials and 18th and 19th century objects. Consistent with practices of many other not-for-profit organizations, the value of the Alliance's collection is not reflected in the statement of financial position. Purchases are expensed in the year they are acquired. Schedule D, Part III, Line 4 The Alliance maintains a reference collection which includes historic images, contemporary prints and slides, digital images, drawings, plans, postcards and other institutional records. The collection is used to facilitate the preservation of Prospect Park. The Prospect Park Alliance also owns a collection of 18th century items including paintings, furniture, silverware, ceramics and books which are used in various educational programs. Schedule D, Part V, Line 4 The Prospect Park Alliance endowment funds are used to support the mission of the organization by providing a secure and dependable investment return for appropriation to the operating budget. Schedule D, Part XI, Line 2d Cost of goods sold subtracted from merchandise income. Schedule D, Part XI, Line 4b Indirect cost of Fundraising Event: The Fundraising Events net income presentation in the financials is net of indirect costs but restated in Form 990 as contributions and net event revenue with indirect cost added to expenses. Schedule D, Part XII, Line 2d Cost of goods sold is reported as an expense in the audited financials but reported as a deduction from sales income on Form 990. Schedule D, Part XII, Line 4b Indirect cost of Fundraising Event: The Fundraising Events net income presentation in the financials is net of indirect costs but restated in Form 990 as contributions and net event revenue with indirect cost added to expenses. X X X X X X 1 Orr Group Inc 3000 K Street NW Suite E280 Washington DC 20007 Orr Group's scope of work focused on the management of a major fundraising campaign, tracking timeline and funding map, supporting volunteer campaign leadership, and partnering with staff to form solicitation strategies and identify prospects. 0 683413 300000 383413 LKA Fundraising & Communications Inc 4800 SW Macadam Ave Ste 240 Portland OR 97239 LKA was engaged to implement the Alliance's Communication Plan to increase efficiency while deepening donor relationships and increasing annual giving. The scope of work included acquisition and annual membership as well as monthly giving management, direct mail creative development and appeal campaign management. 0 700332 49067 651265 1383745 349067 1034678 NY Prospect Park Gala 775992 689242 86750 0 0 94303 94649 112250 83001 Prospect Park Soiree 252373 252373 0 0 0 0 46 0 257189 0 1028365 941615 86750 0 0 94303 94695 112250 340190 641438 -554688 X X X X 0 0 0 0 0 0 0 0 0 Susan Donoghue President/Ex-officio Board Member ending 2/2022 53715 0 0 0 0 0 1074 0 0 0 54789 0 0 0 Morgan Monaco President and Park Administrator 5769 0 0 0 0 0 0 0 0 0 5769 0 0 0 James Snow COO / CFO / Interim President 269551 0 25000 0 0 0 5912 0 1044 0 301507 0 0 0 Christian Zimmerman VP, Capital and Landscape Mgmt 167220 0 15000 0 0 0 3882 0 29571 0 215673 0 0 0 Susan Sharer VP, Development 150324 0 15000 0 0 0 3651 0 37991 0 206966 0 0 0 Adina Cole VP, People + Culture 129688 0 7500 0 0 0 1326 0 19084 0 157598 0 0 0 Maria Carrasco VP, Public Programs 128971 0 7500 0 0 0 2729 0 0 0 139200 0 0 0 Deborah Kirschner VP, Communications + External Relations 113992 0 7500 0 0 0 2726 0 38194 0 162412 0 0 0 Adrian Clarke Tennis Center Director 119141 0 0 0 0 0 0 0 0 0 119141 0 0 0 Curline Roserie Controller 109609 0 0 0 0 0 2192 0 12755 0 124556 0 0 0 X 27 548062 FMV on date of contribution 0 0 0 0 Form 990, Part VI, Section A, Line 2 Board members Mark and Catherine Varous are married to each other and together they serve as one voting member. Form 990, Part VI, Section A, Line 7a The Mayor of the City of New York and the Brooklyn Borough President may each appoint up to two Board members. Form 990, Part VI, Section B, Line 11b Form 990 was prepared by the Chief Operating Officer/Chief Financial Officer and was provided to the full board before filing. Form 990, Part VI, Section B, Line 12c The Alliance has a long-standing practice of requiring all officers and Board members to disclose interests that may give rise to conflicts by responding to a detailed questionnaire. Form 990, Part VI, Section B, Line 15 The Chair of the Board and the Executive Committee review and approve the salary of the President taking into account the salaries of comparable positions at similar organizations provided in a report compiled by the VP for People + Culture. The Chair, President and Executive Committee review and approve salaries of key employees other than the President, taking into consideration the salaries of comparable positions at similar organizations in a report compiled by the VP for People + Culture. These reviews are conducted annually. Form 990, Part VI, Section C, Line 19 The Prospect Park Alliance makes available its audited financial statements, Form 990, New York State CHAR500 and Conflict of Interest Policy on its website at www.prospectpark.org. Printed copies of the documents required to be made available for public inspection are also provided upon request. Form 990, Part IX, Line 11g The category "other fees for services" includes fees paid to tennis pros, architectural and engineering consultants and construction contractors. Prospect Park Alliance 95 Prospect Park West Brooklyn, NY 11215 April 16, 2024 Department of the Treasury Internal Revenue Service Center Ogden, UT 84201-0027 To Whom It May Concern, Please find the completed Form 990 for Prospect Park Alliance for tax year ending December 31, 2022 and Prospect Park Alliance fiscal year ending June 30, 2023. Prospect Park Alliance regrets the late nature of this filing and asks for a waiver of penalties for reasonable cause. Prospect Park Alliance experienced abnormal staff turnover and vacancies in three of our five finance team positions during 2023. These vacancies resulted in an abnormally heavy lift of work responsibilities for a small team and ultimately led to us to be late with our Form 990 filing. This is the first time Prospect Park Alliance has not filed Form 990 according to IRS deadlines. We believe these unexpected and unusual circumstances provide reasonable cause for our late filing and ask for a waiver of penalties. If you have any questions, please feel free to reach out to James Snow at jsnow@prospectpark.org. Thank you for your consideration. Sincerely, Morgan Monaco, President + Park Administrator, James Snow, Chief Finance and Operating Officer