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Nonprofit · EIN 20-4631230

LEGACY PARKS FOUNDATION

Tax-exempt · KNOXVILLE, TN 37915

Financials

$2.2M$1.2M2023$2.5M$2M2024$6M$4.2M2025
Revenue Expenses · by fiscal year end
Financials of LEGACY PARKS FOUNDATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2025990$6,030,573$4,239,032$1,791,541$6,932,994$23,809$6,909,185
December 31, 2024990$2,482,372$1,995,847$486,525$5,196,574$78,930$5,117,644
December 31, 2023990$2,184,525$1,221,024$963,501$4,684,170$53,051$4,631,119
Financial details: 990 for the year ended December 31, 2025

Revenue

Contributions, gifts and grants
$5,904,295
of which government grants
$200,000
Program service revenue
$0
Investment income
$59,816
Net rental income
$6,000
Net gain from sales of assets
$4,620
Net income from fundraising events
$57,790
Net income from sales of inventory
$2,672
Other revenue
$66,462

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$176,012
Other salaries and wages
$251,855
Salaries, compensation and benefits (total)
$488,922
Professional fundraising fees
$0
Legal fees
$27,822
Accounting fees
$15,787
Occupancy
$20,000
Travel
$456
Depreciation
$3,165
Program services (functional)
$4,048,575
Management and general (functional)
$63,960
Fundraising (functional)
$126,497

Balance sheet and other

Total assets, start of year
$5,196,574
Total assets, end of year
$6,932,994
Total liabilities, end of year
$23,809
Net assets, end of year
$6,909,185
Land, buildings and equipment
$4,497,469
Net assets without donor restrictions
$1,352,750
Net assets with donor restrictions
$5,556,435
Gross receipts
$6,903,298
Employees
5
Volunteers
153
Year formed
2005
State of legal domicile
TN

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 for the year ended December 31, 2025, highest compensation first.

NameTitleHours / weekCompensation
CAROL EVANSEXECUTIVE DIRECTOR
Trustee or director, Officer
40$176,012
CECILIA PETERSENTREASURER
Trustee or director, Officer
1$0
JULIE MOULSECRETARY
Trustee or director, Officer
1$0
CATHY ACKERMANNBOARD MEMBER
Trustee or director
1$0
BRUCE BOSSEBOARD MEMBER
Trustee or director
1$0
GREG GHEENBOARD MEMBER
Trustee or director
1$0
DAVE COLLINSBOARD MEMBER
Trustee or director
1$0
SHERYL ELYBOARD MEMBER
Trustee or director
1$0
CHRISTI BRANSCOMBOARD MEMBER
Trustee or director
1$0
JENNY HINESBOARD MEMBER
Trustee or director
1$0
BART CAREYBOARD MEMBER
Trustee or director
1$0
GREG MARRETBOARD MEMBER
Trustee or director
1$0
COURTNEY DURRETTBOARD MEMBER
Trustee or director
1$0
MARK MAMANTOVBOARD MEMBER
Trustee or director
1$0
JOE MACKBOARD MEMBER
Trustee or director
1$0
6 more people on this return
NameTitleHours / weekCompensation
BILL MASONBOARD MEMBER
Trustee or director
1$0
DON PARNELLBOARD MEMBER
Trustee or director
1$0
TODD SKELTONBOARD MEMBER
Trustee or director
1$0
WILL SKELTONBOARD MEMBER
Trustee or director
1$0
CHARLIE THOMASBOARD MEMBER
Trustee or director
1$0
JOHN THURMANBOARD MEMBER
Trustee or director
1$0
990 for the year ended December 31, 2024: 25 people
NameTitleHours / weekCompensation
CAROL EVANSEXECUTIVE DIRECTOR
Trustee or director, Officer
40$163,210
JEREMY NELSONCHAIRMAN
Trustee or director, Officer
1$0
CECILIA PETERSENTREASURER
Trustee or director, Officer
1$0
NICKI COLLETTSECRETARY
Trustee or director, Officer
1$0
CATHY ACKERMANNBOARD MEMBER
Trustee or director
1$0
BRUCE BOSSEBOARD MEMBER
Trustee or director
1$0
GREG GHEENBOARD MEMBER
Trustee or director
1$0
DAVE COLLINSBOARD MEMBER
Trustee or director
1$0
SHERYL ELYBOARD MEMBER
Trustee or director
1$0
DUANE GRIEVEBOARD MEMBER
Trustee or director
1$0
JENNY HINESBOARD MEMBER
Trustee or director
1$0
MARV HOUSEBOARD MEMBER
Trustee or director
1$0
GREG MARRETBOARD MEMBER
Trustee or director
1$0
LARSEN JAYBOARD MEMBER
Trustee or director
1$0
DAVID LONGBOARD MEMBER
Trustee or director
1$0
JOE MACKBOARD MEMBER
Trustee or director
1$0
BILL MASONBOARD MEMBER
Trustee or director
1$0
JULIE MOULBOARD MEMBER
Trustee or director
1$0
JOE PETREBOARD MEMBER
Trustee or director
1$0
TODD SKELTONBOARD MEMBER
Trustee or director
1$0
WILL SKELTONBOARD MEMBER
Trustee or director
1$0
CHARLIE THOMASBOARD MEMBER
Trustee or director
1$0
CHRIS TRUMPBOARD MEMBER
Trustee or director
1$0
KEN REUTERBOARD MEMBER
Trustee or director
1$0
JOHN THURMANBOARD MEMBER
Trustee or director
1$0
990 for the year ended December 31, 2023: 25 people
NameTitleHours / weekCompensation
CAROL EVANSEXECUTIVE DIRECTOR
Trustee or director, Officer
40$163,279
JEREMY NELSONCHAIRMAN
Trustee or director, Officer
1$0
DON PARNELLVICE CHAIR
Trustee or director, Officer
1$0
CECILIA PETERSENTREASURER
Trustee or director, Officer
1$0
NICKI COLLETTSECRETARY
Trustee or director, Officer
1$0
CATHY ACKERMANNBOARD MEMBER
Trustee or director
1$0
BRANDON BRUCEBOARD MEMBER
Trustee or director
1$0
BART CAREYBOARD MEMBER
Trustee or director
1$0
DAVE COLLINSBOARD MEMBER
Trustee or director
1$0
SHERYL ELYBOARD MEMBER
Trustee or director
1$0
DUANE GRIEVEBOARD MEMBER
Trustee or director
1$0
JENNY HINESBOARD MEMBER
Trustee or director
1$0
MARV HOUSEBOARD MEMBER
Trustee or director
1$0
ROCIO HUETBOARD MEMBER
Trustee or director
1$0
LARSEN JAYBOARD MEMBER
Trustee or director
1$0
DAVID LONGBOARD MEMBER
Trustee or director
1$0
JOE MACKBOARD MEMBER
Trustee or director
1$0
BILL MASONBOARD MEMBER
Trustee or director
1$0
JULIE MOULBOARD MEMBER
Trustee or director
1$0
JOE PETREBOARD MEMBER
Trustee or director
1$0
TODD SKELTONBOARD MEMBER
Trustee or director
1$0
WILL SKELTONBOARD MEMBER
Trustee or director
1$0
CHARLIE THOMASBOARD MEMBER
Trustee or director
1$0
CHRIS TRUMPBOARD MEMBER
Trustee or director
1$0
CHAD YOUNGBLOODBOARD MEMBER
Trustee or director
1$0

Address and contacts

Address (IRS master file)
900 VOLUNTEER LANDING LANE, KNOXVILLE, TN 37915-2564
Principal officer (990 for 2025)
CAROL EVANS, 900 VOLUNTEER LANDING LANE, KNOXVILLE, TN 37915
Signed the 990
CAROL EVANS, EXECUTIVE DIRECTOR
Phone
(865) 525-2585
Return prepared by
TARWATER PC

Mission

LEGACY PARKS FOUNDATION WORKS TO ENSURE THAT OUR REGION ENJOYS EXCEPTIONAL RECREATIONAL OPPORTUNITIES, NATURAL BEAUTY AND OPEN SPACES, AND THAT THOSE ASSETS EXIST FOR GENERATIONS TO COME.

990 for the year ended December 31, 2025

Program accomplishments

  • LEGACY PARKS FOUNDATION WORKS TO CREATE PUBLIC PLACES, PROMOTE RECREATIONAL OPPORTUNITIES AND HELP CONSERVE NATURAL RESOURCES IN THE EAST TENNESSEE REGION. ACCOMPLISHMENTS INCLUDE HELPING ESTABLISH SIXTEEN NEW PUBLIC PARKS, CONSTRUCTING UNIQUE PLAYGROUNDS, BUILDING NEW MULTI-USE TRAILS AND BOAT LAUNCHES, PROVIDING OUTDOOR PROGRAMMING TO UNDERSERVED GROUPS AND INDIVIDUALS AND CONSERVING IMPORTANT FOREST AND FARMLAND.
    Expenses $4,048,575

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026990 on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
20-4631230
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (170(b)(1)(A)(vi))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
2006
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$6,932,994
Income (IRS master file)
$6,903,298

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2025$6,030,573$4,239,032$6,932,994XML
990December 2024$2,482,372$1,995,847$5,196,574IRS
990December 2023$2,184,525$1,221,024$4,684,170XML
990December 2022$1,273,267$813,678$2,817,666IRS
990December 2021–––IRS
990December 2020–––IRS
990December 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 20-4631230).

Questions about LEGACY PARKS FOUNDATION

What is the EIN of LEGACY PARKS FOUNDATION?
The employer identification number (EIN) of LEGACY PARKS FOUNDATION is 20-4631230.
Is LEGACY PARKS FOUNDATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2006.
Are donations to LEGACY PARKS FOUNDATION tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does LEGACY PARKS FOUNDATION file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of LEGACY PARKS FOUNDATION due?
The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
When did LEGACY PARKS FOUNDATION last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2025.
Who is the principal officer of LEGACY PARKS FOUNDATION?
The 990 for the year ended December 31, 2025 names CAROL EVANS.
Who are the officers and directors of LEGACY PARKS FOUNDATION?
The 990 for the year ended December 31, 2025 lists 21 people; 1 received compensation from the organization, the highest $176,012 (CAROL EVANS, EXECUTIVE DIRECTOR).
How much revenue does LEGACY PARKS FOUNDATION have?
On its 990 for the year ended December 31, 2025 it reported revenue of $6,030,573, expenses of $4,239,032 and total assets of $6,932,994 at year end.

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