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Nonprofit · EIN 35-1860468

INDIANAPOLIS PARKS FOUNDATION INC

Tax-exempt · INDIANAPOLIS, IN 46222

Financials

$1.4M$2.5M2023$1.6M$1.9M2024
Revenue Expenses · by fiscal year end
Financials of INDIANAPOLIS PARKS FOUNDATION INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$1,567,683$1,934,575-$366,892$1,280,090$171,495$1,108,595
December 31, 2023990$1,351,256$2,456,059-$1,104,803$1,603,137$153,937$1,449,200
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$1,678,345
Program service revenue
$0
Investment income
$57,025
Net gain from sales of assets
$41,974
Net income from fundraising events
-$167,687
Other revenue
-$167,687

Expenses

Grants and similar amounts paid
$912,574
Compensation of officers, directors and key employees
$111,483
Other salaries and wages
$535,890
Salaries, compensation and benefits (total)
$781,914
Professional fundraising fees
$0
Accounting fees
$27,397
Depreciation
$48,919
Program services (functional)
$919,355
Management and general (functional)
$609,132
Fundraising (functional)
$406,088

Balance sheet and other

Total assets, start of year
$1,603,137
Total assets, end of year
$1,280,090
Total liabilities, end of year
$171,495
Net assets, end of year
$1,108,595
Land, buildings and equipment
$444,407
Publicly traded securities
$317,821
Net assets without donor restrictions
-$432,557
Net assets with donor restrictions
$1,541,152
Gross receipts
$1,735,370
Employees
6
Volunteers
1,000
Year formed
1991
State of legal domicile
IN

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, 2024, highest compensation first.

NameTitleHours / weekCompensationOther / benefits
Rusty CarrPresident & CEO (End 09/24)
Officer
37.5$72,512$3,562
Blake JohnsonInterim President & CEO (Beginning 09/24)
Officer
20$35,096$313
JENN SCHIMMELPFENNIGVice Chair
Trustee or director, Officer
2$0$0
JENNIFER BARTENBACHTREASURER
Trustee or director, Officer
2$0$0
VICTORIA TEMPLE-SCHNEIDERChair
Trustee or director, Officer
2$0$0
VINCENT ASHSECRETARY
Trustee or director, Officer
2$0$0
EDDY LUXBOARD MEMBER
Trustee or director
2$0$0
JOHN JACKSONBOARD MEMBER
Trustee or director
2$0$0
KEVIN OSBURNBOARD MEMBER
Trustee or director
2$0$0
LESLEY GORDONBOARD MEMBER
Trustee or director
2$0$0
MARK HOUDEKBOARD MEMBER
Trustee or director
2$0$0
PHYLLIS BOYDBOARD MEMBER
Trustee or director
2$0$0
SARAH IGLEHARTBOARD MEMBER
Trustee or director
2$0$0
SHARON CLARKBOARD MEMBER
Trustee or director
2$0$0
TANYA SEARCYBOARD MEMBER
Trustee or director
2$0$0
1 more people on this return
NameTitleHours / weekCompensation
TODD WILSONBOARD MEMBER
Trustee or director
2$0
990 for the year ended December 31, 2023: 15 people
NameTitleHours / weekCompensationOther / benefits
Lori HazlettPresident & CEO (End 06/23)
Officer
37.5$58,230$4,163
Greg FennigInterim CEO (Beg 07/23)
Officer
24$37,500$0
JENN SCHIMMELPFENNIGVice Chair
Trustee or director, Officer
2$0$0
SCOTT SUTTONTREASURER
Trustee or director, Officer
2$0$0
VICTORIA TEMPLE-SCHNEIDERChair
Trustee or director, Officer
2$0$0
VINCENT ASHSECRETARY
Trustee or director, Officer
2$0$0
ALAN BACONBOARD MEMBER
Trustee or director
2$0$0
EDDY LUXBOARD MEMBER
Trustee or director
2$0$0
JOHN JACKSONBOARD MEMBER
Trustee or director
2$0$0
KEVIN OSBURNBOARD MEMBER
Trustee or director
2$0$0
LESLEY GORDONBOARD MEMBER
Trustee or director
2$0$0
RYAN VAUGHNBOARD MEMBER
Trustee or director
2$0$0
SHARON CLARKBOARD MEMBER
Trustee or director
2$0$0
TANYA SOVINSKIBOARD MEMBER
Trustee or director
2$0$0
TODD WILSONBOARD MEMBER
Trustee or director
2$0$0

Address and contacts

Address (IRS master file)
3001 N WHITE RIVER PKWY WEST DR, INDIANAPOLIS, IN 46222-1983
In care of
% LORI HAZLETT
Principal officer (990 for 2024)
BLAKE JOHNSON, 3001 N WHITE RIVER PARKWAY W DR, INDIANAPOLIS, IN 46222
Signed the 990
BLAKE JOHNSON, INTERIM CEO
Phone
(317) 340-8024
Return prepared by
Forvis Mazars LLP

Mission

THE PARKS ALLIANCE IS A LEADER IN DEVELOPING AND SUSTAINING INDIANAPOLIS PARKS AND GREENWAYS BY CONNECTING RESOURCES TO NEEDS TO BETTER ESTABLISH AND MAINTAIN A SAFE AND THRIVING COMMUNITY.

990 for the year ended December 31, 2024

Program accomplishments

  • THE PARKS ALLIANCE SUPPORTS THE MISSION OF THE CITY OF INDIANAPOLIS DEPARTMENT OF PARKS AND RECREATION. THE PARKS ALLIANCE'S PRIMARY MISSION IS TO RAISE FUNDS AND SERVE AS AN ADVOCATE FOR PARKS IN INDIANAPOLIS. AS PART OF THIS MISSION, THE ALLIANCE PURSUES FUNDING OPPORTUNITIES THROUGH GRANTS, SPORTSMANSHIP, AND FUNDRAISING EVENTS THAT ARE USED TO HELP PURCHASE LAND, DEVELOP NEW PARKS, MAINTAIN EXISTING PARKS, UPGRADE FACILITIES AND PROVIDE SUPPORT TO NUMEROUS PROGRAMS BENEFITTING CHILDREN, FAMILIES AND OLDER ADULTS. ALL RESIDENTS OF MARION COUNTY BENEFIT FROM THE PARTNERSHIP BETWEEN THE CITY OF INDIANAPOLIS, DEPARTMENT OF PARKS AND RECREATION AND THE PARKS ALLIANCE. THE CITY OF INDIANAPOLIS, DEPARTMENT OF PARKS AND RECREATION ANNUALLY PROVIDE SERVICES AND FACILITIES TO OVER SEVEN MILLION PARK VISITORS.
    Expenses $919,355 · grants $912,574

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, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
35-1860468
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Supporting organization (509(a)(3))
Donations deductible (Pub 78)
Supporting organization of unknown type
Exempt since
2001
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$1,280,090
Income (IRS master file)
$1,735,370

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$1,567,683$1,934,575$1,280,090XML
990-TDecember 2024–––IRS
990December 2023$1,351,256$2,456,059$1,603,137XML
990-TDecember 2023–––IRS
990December 2022$2,445,621$1,951,186$2,823,680IRS
990-TDecember 2022–––IRS
990December 2021–––IRS
990-TDecember 2021–––IRS
990December 2020–––IRS
990-TDecember 2020–––IRS
990December 2018–––IRS
990December 2017–––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 35-1860468).

Questions about INDIANAPOLIS PARKS FOUNDATION INC

What is the EIN of INDIANAPOLIS PARKS FOUNDATION INC?
The employer identification number (EIN) of INDIANAPOLIS PARKS FOUNDATION INC is 35-1860468.
Is INDIANAPOLIS PARKS FOUNDATION INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2001.
Are donations to INDIANAPOLIS PARKS FOUNDATION INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Supporting organization of unknown type).
Which annual return does INDIANAPOLIS PARKS FOUNDATION INC 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 INDIANAPOLIS PARKS FOUNDATION INC due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did INDIANAPOLIS PARKS FOUNDATION INC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2024.
Who is the principal officer of INDIANAPOLIS PARKS FOUNDATION INC?
The 990 for the year ended December 31, 2024 names BLAKE JOHNSON.
Who are the officers and directors of INDIANAPOLIS PARKS FOUNDATION INC?
The 990 for the year ended December 31, 2024 lists 16 people; 2 received compensation from the organization, the highest $72,512 (Rusty Carr, President & CEO (End 09/24)).
How much revenue does INDIANAPOLIS PARKS FOUNDATION INC have?
On its 990 for the year ended December 31, 2024 it reported revenue of $1,567,683, expenses of $1,934,575 and total assets of $1,280,090 at year end.

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