Nonprofit · EIN 84-3118908
PARKS FAMILY FOUNDATION INC
Tax-exempt · SCOTTSDALE, AZ 85255
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990-PF | $16,169 | $35,350 | -$19,181 | $605,450 | $0 | $605,450 |
| December 31, 2023 | 990-PF | $15,487 | $18,350 | -$2,863 | $624,631 | $0 | $624,631 |
Financial details: 990-PF for the year ended December 31, 2024
Revenue
- Dividends
- $16,169
Expenses
- Grants and similar amounts paid
- $32,500
- Disbursements for charitable purposes
- $32,500
- Excise tax on investment income
- $225
Balance sheet and other
- Total assets, start of year
- $624,631
- Total assets, end of year
- $605,450
- Total liabilities, end of year
- $0
- Net assets, end of year
- $605,450
- Fair market value of assets
- $993,108
- Qualifying distributions
- $32,500
- Net investment income
- $16,169
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 December 31, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| JIM PARKS 10040 E HAPPY VALLEY RD UNIT 919, SCOTTSDALE, AZ 85255 | DIRECTOR | 0 | $0 |
| TRACY PARKS 10040 E HAPPY VALLEY RD UNIT 919, SCOTTSDALE, AZ 85255 | DIRECTOR | 0 | $0 |
| SHANNON PARKS 10040 E HAPPY VALLEY RD UNIT 919, SCOTTSDALE, AZ 85255 | DIRECTOR | 0 | $0 |
990-PF for the year ended December 31, 2023: 3 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| JIM PARKS 10040 E HAPPY VALLEY RD UNIT 919, SCOTTSDALE, AZ 85255 | DIRECTOR | 0 | $0 |
| TRACY PARKS 10040 E HAPPY VALLEY RD UNIT 919, SCOTTSDALE, AZ 85255 | DIRECTOR | 0 | $0 |
| SHANNON PARKS 10040 E HAPPY VALLEY RD UNIT 919, SCOTTSDALE, AZ 85255 | DIRECTOR | 0 | $0 |
Address and contacts
- Address (IRS master file)
- 10040 E HAPPY VALLEY RD UNIT 919, SCOTTSDALE, AZ 85255-2363
- In care of
- % JIM PARKS
- Signed the 990-PF
- JIM PARKS, DIRECTOR
- Phone
- (770) 331-7968
- Return prepared by
- APEK LLC
What it must file and when
IRS records say it files Form 990-PF. Private foundations file every year. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990-PF on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990-PF on file |
IRS record
- EIN
- 84-3118908
- 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
- 2020
- Accounting year ends
- December
- Files
- Form 990-PF
- Category (NTEE)
- Philanthropy, voluntarism and grantmaking foundations (T22)
- Assets (IRS master file)
- $605,450
- Income (IRS master file)
- $16,169
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-PF | December 2024 | $16,169 | $35,350 | $605,450 | XML |
| 990-PF | December 2023 | $15,487 | $18,350 | $624,631 | XML |
| 990-PF | December 2022 | – | – | – | IRS |
| 990-PF | December 2021 | – | – | – | IRS |
| 990-PF | December 2020 | – | – | – | 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 84-3118908).
Questions about PARKS FAMILY FOUNDATION INC
- What is the EIN of PARKS FAMILY FOUNDATION INC?
- The employer identification number (EIN) of PARKS FAMILY FOUNDATION INC is 84-3118908.
- Is PARKS FAMILY FOUNDATION INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2020.
- Are donations to PARKS FAMILY FOUNDATION INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
- Which annual return does PARKS FAMILY FOUNDATION INC file?
- Form 990-PF. Private foundations file every year.
- When is the next return of PARKS FAMILY 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 PARKS FAMILY FOUNDATION INC last file with the IRS?
- The latest return in the IRS public files is the 990-PF for the year ended December 2024.
- Who are the officers and directors of PARKS FAMILY FOUNDATION INC?
- The 990-PF for the year ended December 31, 2024 lists 3 people; 0 received compensation from the organization.
- How much revenue does PARKS FAMILY FOUNDATION INC have?
- On its 990-PF for the year ended December 31, 2024 it reported revenue of $16,169, expenses of $35,350 and total assets of $605,450 at year end.
Other nonprofits in SCOTTSDALE
- DIANE AND BRUCE HALLE FOUNDATION EIN 46-0469787 · last filed 990-PF for 2024
- BOB AND RENEE PARSONS FOUNDATION EIN 45-2713666 · last filed 990-PF for 2024
- PEOPLE-PEOPLE-PEOPLE FOUNDATION DATED 4-19-2018 EIN 82-7093549 · last filed 990-PF for 2024
- DORRANCE FOUNDATION FOR EDUCATION EIN 82-3330439 · last filed 990-PF for 2024
- JEWISH COMMUNITY FOUNDATION OF GREATER PHOENIX EIN 47-0874376 · last filed 990 for 2025
- SIMONE CHARITABLE FOUNDATION INC EIN 82-3971316 · last filed 990-PF for 2024
- SANGHI FAMILY FOUNDATION EIN 20-8338277 · last filed 990-PF for 2025
- JEWISH COMMUNITY ASSOCIATION OF GREATER PHOENIX EIN 45-3910992 · last filed 990 for 2025
All nonprofits in SCOTTSDALE · Arizona · Philanthropy, voluntarism and grantmaking foundations