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Nonprofit · EIN 27-4576670

HOUSTON PARKS BOARD FOUNDATION

Tax-exempt · HOUSTON, TX 77024

Financials

$311K$391K2022$332K$405K2023$1.4M$374K2024
Revenue Expenses · by fiscal year end
Financials of HOUSTON PARKS BOARD FOUNDATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
June 30, 2025990$1,359,062$374,168$984,894$8,108,859$363,113$7,745,746
June 30, 2024990$331,722$404,962-$73,240$7,244,308$6,369$7,237,939
June 30, 2023990$311,260$390,607-$79,347$6,963,271$1,200$6,962,071
Financial details: 990 for the year ended June 30, 2025

Revenue

Contributions, gifts and grants
$0
Program service revenue
$0
Investment income
$1,359,062
Net gain from sales of assets
$1,168,527
Other revenue
$0

Expenses

Grants and similar amounts paid
$351,000
Salaries, compensation and benefits (total)
$0
Professional fundraising fees
$0
Accounting fees
$4,825
Program services (functional)
$351,919
Management and general (functional)
$22,249

Balance sheet and other

Total assets, start of year
$7,244,308
Total assets, end of year
$8,108,859
Total liabilities, end of year
$363,113
Net assets, end of year
$7,745,746
Publicly traded securities
$8,077,720
Net assets without donor restrictions
$174,477
Net assets with donor restrictions
$7,571,269
Gross receipts
$8,890,307
Employees
0
Volunteers
8
Year formed
2010
State of legal domicile
TX

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 June 30, 2025, highest compensation first.

NameTitleHours / weekCompensationFrom related orgsOther / benefits
Beth WhiteHPB President & CEO
Officer
0.1$0$341,925$24,006
Melanie MusgroveHPB CFO
Officer
0.1$0$259,225$20,466
Brady CarruthChair
Trustee or director, Officer
0.1$0$0$0
Don AronDirector
Trustee or director
0.1$0$0$0
Thomas FlahertyDirector
Trustee or director
0.1$0$0$0
Jackie MartinDirector
Trustee or director
0.1$0$0$0
Cullen Geiselman MuseDirector
Trustee or director
0.1$0$0$0
Andrew PriceDirector
Trustee or director
0.1$0$0$0
Leslie Elkins SasserDirector
Trustee or director
0.1$0$0$0
Barron WallaceDirector
Trustee or director
0.1$0$0$0
990 for the year ended June 30, 2024: 9 people
NameTitleHours / weekCompensationFrom related orgsOther / benefits
Beth WhiteHPB President & CEO
Officer
0.1$0$352,712$29,230
Melanie MusgroveHPB CFO
Officer
0.1$0$185,110$11,647
Brady CarruthChair
Trustee or director, Officer
0.1$0$0$0
Don AronDirector
Trustee or director
0.1$0$0$0
Thomas FlahertyDirector
Trustee or director
0.1$0$0$0
Jackie MartinDirector
Trustee or director
0.1$0$0$0
Andrew PriceDirector
Trustee or director
0.1$0$0$0
Leslie Elkins SasserDirector
Trustee or director
0.1$0$0$0
Barron WallaceDirector
Trustee or director
0.1$0$0$0
990 for the year ended June 30, 2023: 11 people
NameTitleHours / weekCompensationFrom related orgsOther / benefits
Beth WhiteHPB President & CEO
Officer
1$0$339,276$27,283
Denise GarciaAcc & Fin Dir (thru Sep 2022)
Officer
1$0$106,885$8,343
Brady CarruthChair
Trustee or director, Officer
0.1$0$0$0
Don Stephen AronTreasurer
Trustee or director, Officer
0.1$0$0$0
Thomas W FlahertyDirector
Trustee or director
0.1$0$0$0
Steve GibsonDirector
Trustee or director
0.1$0$0$0
Andrew P PriceDirector
Trustee or director
0.1$0$0$0
Robert A Rowland IIIDirector
Trustee or director
0.1$0$0$0
Leslie Elkins SasserDirector
Trustee or director
0.1$0$0$0
Barron F WallaceDirector
Trustee or director
0.1$0$0$0
Melanie MusgroveHPB CFO (from Mar 2023)
Officer
1$0$0$0

Address and contacts

Address (IRS master file)
300 N POST OAK LN, HOUSTON, TX 77024-5904
Principal officer (990 for 2024)
Justin Schultz, 300 N Post Oak Lane, Houston, TX 77024
Signed the 990
Melanie Musgrove, CFO/COO
Phone
(713) 942-8500
Return prepared by
Blazek & Vetterling

Mission

The Houston Parks Board Foundation provides the Houston Parks Board with financial assistance to support operations and park projects.

990 for the year ended June 30, 2025

Program accomplishments

  • Support for the Houston Parks Board and its mission to expand, improve and protect parks and greenspace in the Houston region.
    Expenses $351,919 · grants $351,000

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 June, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025June 30, 2026November 16, 2026Not due yet
2024June 30, 2025November 17, 2025990 on file
2023June 30, 2024November 15, 2024990 on file

IRS record

EIN
27-4576670
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Supporting organization, Type I
Donations deductible (Pub 78)
Supporting organization, 50% limit
Exempt since
2011
Accounting year ends
June
Files
Form 990 or 990-EZ
Category (NTEE)
Environment (C99)
Assets (IRS master file)
$8,108,859
Income (IRS master file)
$8,890,307

Filing history

FormYear endedRevenueExpensesAssetsReturn
990June 2025$1,359,062$374,168$8,108,859IRS
990June 2024$331,722$404,962$7,244,308XML
990June 2023$311,260$390,607$6,963,271XML
990June 2022$514,119$45,158$7,368,816IRS
990June 2021–––IRS
990June 2020–––IRS
990June 2019–––IRS
990June 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 27-4576670).

Questions about HOUSTON PARKS BOARD FOUNDATION

What is the EIN of HOUSTON PARKS BOARD FOUNDATION?
The employer identification number (EIN) of HOUSTON PARKS BOARD FOUNDATION is 27-4576670.
Is HOUSTON PARKS BOARD FOUNDATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2011.
Are donations to HOUSTON PARKS BOARD FOUNDATION tax-deductible?
Yes. It is listed in IRS Publication 78 (Supporting organization, 50% limit).
Which annual return does HOUSTON PARKS BOARD 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 HOUSTON PARKS BOARD FOUNDATION due?
The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did HOUSTON PARKS BOARD FOUNDATION last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended June 2025.
Who is the principal officer of HOUSTON PARKS BOARD FOUNDATION?
The 990 for the year ended June 30, 2025 names Justin Schultz.
Who are the officers and directors of HOUSTON PARKS BOARD FOUNDATION?
The 990 for the year ended June 30, 2025 lists 10 people; 0 received compensation from the organization.
How much revenue does HOUSTON PARKS BOARD FOUNDATION have?
On its 990 for the year ended June 30, 2025 it reported revenue of $1,359,062, expenses of $374,168 and total assets of $8,108,859 at year end.

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