Nonprofit · EIN 20-0423443
PARKS FOUNDATION
Tax-exempt · ANCHORAGE, AK 99511
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| August 31, 2025 | 990-PF | $2,164,467 | $250,018 | $1,914,449 | $4,341,810 | $0 | $4,341,810 |
| August 31, 2024 | 990-PF | $27,059 | $192,213 | -$165,154 | $2,427,361 | $0 | $2,427,361 |
| August 31, 2023 | 990-PF | $19,039 | $161,181 | -$142,142 | $2,592,515 | $0 | $2,592,515 |
Financial details: 990-PF for the year ended August 31, 2025
Revenue
- Contributions, gifts and grants
- $2,068,576
- Dividends
- $3,230
- Interest
- $92,661
Expenses
- Grants and similar amounts paid
- $241,500
- Disbursements for charitable purposes
- $241,500
- Excise tax on investment income
- $1,236
Balance sheet and other
- Total assets, start of year
- $2,427,361
- Total assets, end of year
- $4,341,810
- Total liabilities, end of year
- $0
- Net assets, end of year
- $4,341,810
- Fair market value of assets
- $4,403,343
- Qualifying distributions
- $241,500
- Net investment income
- $95,891
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990-PF for the year ended August 31, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Nancy Parks Sopp PO Box 110823, Anchorage, AK 99511 | President | 1 | $0 |
| Karl Sopp PO Box 110823, Anchorage, AK 99511 | Director | 0 | $0 |
| Phillip Granberry 3728 Helvetia Dr, Anchorage, AK 99508 | Director | 0 | $0 |
990-PF for the year ended August 31, 2024: 3 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Nancy Parks Sopp PO Box 110823, Anchorage, AK 99511 | President | 1 | $0 |
| Karl Sopp PO Box 110823, Anchorage, AK 99511 | Director | 0 | $0 |
| Raymond C Parks 375 N Stephanie Street 1411, Henderson, NV 89014 | Director | 0 | $0 |
990-PF for the year ended August 31, 2023: 2 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Nancy Parks Sopp 3773 Howard Hughes Pkwy 500S, Las Vegas, NV 89169 | President | 1 | $0 |
| Raymond C Parks 3773 Howard Hughes Pkwy 500S, Las Vegas, NV 89169 | Director | 0 | $0 |
Address and contacts
- Address (IRS master file)
- PO BOX 110823, ANCHORAGE, AK 99511-0823
- In care of
- % GARY L PARKS
- Signed the 990-PF
- Nancy Parks Sopp, President
- Phone
- (907) 388-4188
- Return prepared by
- Kevin W Keithley CPA PC
What it must file and when
IRS records say it files Form 990-PF. Private foundations file every year. Its accounting year ends in August, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | August 31, 2026 | January 15, 2027 | Not due yet |
| 2024 | August 31, 2025 | January 15, 2026 | 990-PF on file |
| 2023 | August 31, 2024 | January 15, 2025 | 990-PF on file |
IRS record
- EIN
- 20-0423443
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Private non-operating foundation
- Donations deductible (Pub 78)
- Private foundation, 30% limit
- Exempt since
- 2004
- Accounting year ends
- August
- Files
- Form 990-PF
- Category (NTEE)
- Philanthropy, voluntarism and grantmaking foundations (T20)
- Assets (IRS master file)
- $4,341,810
- Income (IRS master file)
- $2,164,467
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-PF | August 2025 | $2,164,467 | $250,018 | $4,341,810 | XML |
| 990-PF | August 2024 | $27,059 | $192,213 | $2,427,361 | XML |
| 990-PF | August 2023 | $19,039 | $161,181 | $2,592,515 | XML |
| 990-PF | August 2022 | – | – | – | IRS |
| 990-PF | August 2021 | – | – | – | IRS |
| 990-PF | August 2020 | – | – | – | IRS |
| 990-PF | August 2018 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 20-0423443).
Questions about PARKS FOUNDATION
- What is the EIN of PARKS FOUNDATION?
- The employer identification number (EIN) of PARKS FOUNDATION is 20-0423443.
- Is PARKS FOUNDATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2004.
- Are donations to PARKS FOUNDATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
- Which annual return does PARKS FOUNDATION file?
- Form 990-PF. Private foundations file every year.
- When is the next return of PARKS FOUNDATION due?
- The return for tax year 2025 (the year ending August 31, 2026) is due January 15, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did PARKS FOUNDATION last file with the IRS?
- The latest return in the IRS public files is the 990-PF for the year ended August 2025.
- Who are the officers and directors of PARKS FOUNDATION?
- The 990-PF for the year ended August 31, 2025 lists 3 people; 0 received compensation from the organization.
- How much revenue does PARKS FOUNDATION have?
- On its 990-PF for the year ended August 31, 2025 it reported revenue of $2,164,467, expenses of $250,018 and total assets of $4,341,810 at year end.
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