Skip to main content

Nonprofit · EIN 45-4403411

FRIENDS OF THE PARK INC

Also known as i3-Jax Inc

Tax-exempt · JACKSONVILLE, FL 32202

Financials

$659K$754K2023$757K$746K2024
Revenue Expenses · by fiscal year end
Financials of FRIENDS OF THE PARK INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$756,870$746,431$10,439$13,799$25,898-$12,099
December 31, 2023990$658,969$754,277-$95,308$3,062$25,600-$22,538
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$626,044
of which government grants
$616,400
Program service revenue
$130,413
Investment income
$413
Other revenue
$0

Expenses

Grants and similar amounts paid
$0
Other salaries and wages
$304,867
Salaries, compensation and benefits (total)
$328,317
Professional fundraising fees
$0
Accounting fees
$14,400
Program services (functional)
$746,431

Balance sheet and other

Total assets, start of year
$3,062
Total assets, end of year
$13,799
Total liabilities, end of year
$25,898
Net assets, end of year
-$12,099
Net assets without donor restrictions
-$12,099
Gross receipts
$756,870
Employees
11
Volunteers
10
Year formed
2012
State of legal domicile
FL

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 / weekCompensation
Bill PrescottChair
Trustee or director, Officer
10$0
990 for the year ended December 31, 2023: 1 people
NameTitleHours / weekCompensation
Bill PrescottChair
Trustee or director, Officer
10$0

Address and contacts

Address (IRS master file)
214 N HOGAN ST STE 114, JACKSONVILLE, FL 32202-4229
In care of
% VINCE CAVIN
Mailing address (990-N for 2012)
1 Riverside Avenue, Jacksonville FL 32202
Principal officer (990 for 2024)
Bill Prescott, 214 N Hogan St, Ste 114, Jacksonville, FL 32202
Principal officer (990-N for 2012)
Wayne W Wood, 1 Riverside Avenue, Jacksonville FL 32202
Signed the 990
Bill Prescott, President
Phone
(904) 515-5098
Return prepared by
Chad Shultz CPA

Mission

Friends of the Park is a 501c3 non-profit organization dedicated to programming James Weldon Johnson Park year round to make it a clean, safe and attractive gathering place for family-friendly activities.

990 for the year ended December 31, 2024

Program accomplishments

  • We have provided free space for performers in the arts, music, child programming, child play opportunities, events that feature science, farmers markets.
    Expenses $746,431 · grants $616,400 · revenue $97,612

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
45-4403411
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
2012
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$13,799
Income (IRS master file)
$756,870

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$756,870$746,431$13,799XML
990December 2023$658,969$754,277$3,062XML
990December 2022$740,969$722,449$72,770IRS
990December 2021–––IRS
990December 2020–––IRS
990December 2018–––IRS
990December 2017–––IRS
990-N for 2012
Officer: Wayne W Wood
December 31, 2012≤ $50,000 receipts––e-Postcard

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 45-4403411).

Questions about FRIENDS OF THE PARK INC

What is the EIN of FRIENDS OF THE PARK INC?
The employer identification number (EIN) of FRIENDS OF THE PARK INC is 45-4403411.
Is FRIENDS OF THE PARK INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2012.
Are donations to FRIENDS OF THE PARK INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does FRIENDS OF THE PARK 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 FRIENDS OF THE PARK 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 FRIENDS OF THE PARK 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 FRIENDS OF THE PARK INC?
The 990 for the year ended December 31, 2024 names Bill Prescott.
Who are the officers and directors of FRIENDS OF THE PARK INC?
The 990 for the year ended December 31, 2024 lists 1 person; 0 received compensation from the organization.
How much revenue does FRIENDS OF THE PARK INC have?
On its 990 for the year ended December 31, 2024 it reported revenue of $756,870, expenses of $746,431 and total assets of $13,799 at year end.

Other nonprofits in JACKSONVILLE

All nonprofits in JACKSONVILLE · Florida · Arts, culture and humanities