Parkway Council Foundation in Philadelphia, Pennsylvania (PA)
Table of contents:
| Parkway Council Foundation | |
| Employer Identification Number (EIN) | 232309992 |
| Name of Organization | Parkway Council Foundation |
| In Care of Name | Friends Select School |
| Address | 17th And Benjamin Franklin Pkwy, Philadelphia, PA 19103 |
| Activities | Other conservation, environmental or beautification activities, Described in section 170(b)1)(a)(vi) of the Code |
| Subsection | Charitable Organization |
| Ruling Date | 06/1985 |
| Deductibility | Contributions are deductible |
| Foundation | Organization which receives a substantial part of its support from a governmental unit or the general public |
| Organization | Corporation |
| Exempt Organization Status | Unconditional Exemption |
| Tax Period | 12/2013 |
| Assets | $100,000 to $499,999 |
| Income | $100,000 to $499,999 |
| Filing Requirement | 990 (all other) or 990EZ return |
| Asset Amount | $285,157 |
| Amount of Income | $163,335 |
| Form 990 Revenue Amount | $163,335 |
| National Taxonomy of Exempt Entities (NTEE) | Recreation, Sports, Leisure, Athletics: Parks and Playgrounds |
Non-representatives - add comments:
Amount of income in 2013: $163,335 (it was $158,423 in 2012)
| This organization: | $163,335 |
| Other organizations performing similar types of work: | $172,690 |
Assets in 2013: $285,157 (it was $277,900 in 2012)
| Parkway Council Foundation: | $285,157 |
| Other organizations performing similar types of work: | $469,468 |
Expenses in 2013: $156,078
| This organization: | $156,078 |
| Other organizations performing similar types of work: | $98,688 |
Income to expenses ratio in 2013: 1.0
| This organization: | 1.0 |
| Other organizations performing similar types of work: | 1.3 |
Grants share in income in 2013: 25.3%
| Parkway Council Foundation: | 25.3% |
| Other organizations performing similar types of work: | 77.8% |
Revenue for 2013
Support schedule
| Revenue, Expenses, and Changes in Net Assets or Fund Balances | |||
| 2011 | 2012 | 2013 | |
|---|---|---|---|
| Total revenue | $108,550 | $158,423 | $163,335 |
| Contributions, gifts, grants, and similar amounts received | $2,439 | $41,250 | $41,250 |
| Program service revenue including government fees and contracts | $0 | $0 | $0 |
| Membership dues and assessments | $106,000 | $117,000 | $122,000 |
| Investment income | $111 | $173 | $85 |
| Gain/Loss from sale of assets other than inventory | $0 | $0 | $0 |
| Net income/loss from gaming and fundraising events | $0 | $0 | $0 |
| Gross profit/loss from sales of inventory | $0 | $0 | $0 |
| Other revenue | $0 | $0 | $0 |
| Total expenses | $104,386 | $111,330 | $156,078 |
| Total net assets | $230,807 | $277,900 | $285,157 |
| Excess/Deficit for the year | $4,164 | $47,093 | $7,257 |
| Net assets or fund balances at beginning of year | $226,643 | $230,807 | $277,900 |
| Other changes in net assets or fund balances | $0 | $0 | $0 |
| Net assets or fund balances at end of year | $277,900 | $285,157 | |
| Balance Sheets | |||
| 2011 | 2012 | 2013 | |
|---|---|---|---|
| Total assets | $230,807 | $277,900 | $285,157 |
| Total liabilities | $0 | $0 | $0 |
| Net assets or fund balances | $230,807 | $277,900 | $285,157 |
| Other Information | |||
| 2011 | 2012 | 2013 | |
|---|---|---|---|
| Did the organization engage in any significant activity not previously reported to the IRS? | No | No | |
| Were any significant changes made to the organizing or governing documents? | No | No | |
| Did the organization have unrelated business gross income of $1,000 or more during the year from business activities | No | No | No |
| Has the organization filed a Form 990-T for the year? | No | No | |
| Did the organization undergo a liquidation, dissolution, termination, or significant disposition of net assets during the year? | No | No | |
| Amount of political expenditures, direct or indirect | $0 | $0 | |
| Did the organization file Form 1120-POL for this year? | No | No | |
| Did the organization borrow from, or make any loans to, any officer, director, trustee, or key employee or were any such loans made in a prior year and still outstanding at the end of the tax year covered by this return? | No | No | |
| Total amount involved | $0 | $0 | |
| Initiation fees and capital contributions | $0 | $0 | $0 |
| Gross receipts for public use of club facilities | $0 | $0 | $0 |
| Did the organization engage in any section 4958 excess benefit transaction during the year, or did it engage in an excess benefit transaction in a prior year that has not been reported on any of its prior Forms 990 or 990-EZ? | No | No | |
| At any time during the tax year, was the organization a party to a prohibited tax shelter transaction? | No | No | |
| Reason for Public Charity Status (for 2013) | |
| The organization is not a private foundation because it is: | An organization that normally receives: (1) more than 33 1/3 % of its support from contributions, membership fees, and gross receipts from activities related to its exempt functions - subject to certain exceptions, and (2) no more than 33 1/3 % of its support from gross investment income and unrelated business taxable income (less section 511 tax) from businesses acquired by the organization after June 30, 1975 |
| Number of organizations supported | 0 |
| Sum of amounts of support | $0 |
| Support Schedule for Organizations Described in Section 509(a)(2) (for 2009 - 2013) | |
| 2009 - 2013 Total | |
|---|---|
| Public support | $646,689 |
| Subtotal | $646,689 |
| Gifts, grants, contributions, and membership fees received | $646,689 |
| Gross receipts from admissions, merchandise sold or services performed, or facilities furnished in any activity that is related to the organization's tax-exempt purpose | $0 |
| Gross receipts from activities that are not an unrelated trade or business under section 513 | $0 |
| Tax revenues levied for the organization's benefit and either paid to or expended on its behalf | $0 |
| The value of services or facilities furnished by a governmental unit to the organization without charge | $0 |
| Less | $0 |
| Amounts received from disqualified persons | $0 |
| Amounts received from other than disqualified persons that exceed the greater of $5,000 or 1% of the total support | $0 |
| Total support | $652,336 |
| Public support | $646,689 |
| Subtotal | $5,647 |
| Gross income from interest, dividends, payments received on securities loans, rents, royalties and income from similar sources | $5,647 |
| Unrelated business taxable income (less section 511 taxes) from businesses acquired after June 30, 1975 | $0 |
| Net income from unrelated business activities, whether or not the business is regularly carried on | $0 |
| Other income | $0 |
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| Organizations performing similar types of work | |||||
| Id | Name | Address | State | Established | Total Income |
|---|---|---|---|---|---|
| 1 | Yosemite Foundation, Yosemite Conservancy | 101 Montgomery St Ste 1700, San Francisco, CA 94104-4129 | CA | 1993-05 | $14,441,640 |
| 2 | San Francisco Parks Alliance | 1663 Mission St Ste 320, San Francisco, CA 94103-2486 | CA | 1971-10 | $13,641,189 |
| 3 | Save Mount Diablo | 1901 Olympic Blvd Ste 320, Walnut Creek, CA 94596-5078 | CA | 1980-10 | $7,339,467 |
| 4 | William J Palmer Parks Foundation Inc | 102 S Tejon St Ste 360, Colorado Spgs, CO 80903-2268 | CO | 1978-11 | $5,458,120 |
| 5 | Sierra State Parks Foundation | 1295 North Lake Blvd Suite B, Tahoe City, CA 96145 | CA | 1979-12 | $1,670,307 |
| 6 | Rockwell Park Trust 1 Uw | PO BOX 1802, Providence, RI 02901-1802 | RI | $789,383 | |
| 7 | Tallahassee Friends Of Our Parks Foundation Inc | 1201 Myers Park Dr, Tallahassee, FL 32301-4576 | FL | 1982-06 | $376,124 |
| 8 | Waterfront Historic Area League Of New Bedford Inc | 128 Union St, New Bedford, MA 02740-6386 | MA | 1963-12 | $207,971 |
| 9 | Parkway Council Foundation | 17th And Benjamin Franklin Pkwy, Philadelphia, PA 19103 | PA | 1985-06 | $163,335 |
| 10 | Wallisville Heritage Park Foundation Incorporated | PO BOX 16, Wallisville, TX 77597-0016 | TX | 1981-07 | $140,194 |
| 11 | Topeka Parks And Recreation Foundation | 3137 Se 29th St, Topeka, KS 66605-1815 | KS | 1985-12 | $134,475 |
| 12 | Roseville Central Park Foundation | 2660 Civic Center Dr, Roseville, MN 55113-1815 | MN | 1965-07 | $116,144 |
| 13 | Temple Lions Club Parks & Charities Inc | PO BOX 544, Temple, TX 76503-0544 | TX | 1976-01 | $88,557 |
| 14 | Friends Of Florida State Parks Inc | Po Box 6633, Tallahassee, FL 32314-6633 | FL | 1995-10 | $83,880 |
| 15 | Sullivans Island Park Foundation Inc | 2050 B Middle St, Sullivans Island, SC 29482 | SC | 1991-11 | $54,275 |
| 16 | Woodmansee Park Memorial Fund C/O Pioneer Trust Bank Na | PO BOX 2305, Salem, OR 97308-2305 | OR | 1989-02 | $14,565 |
| 17 | Friends Of The Elkhart County Parks Inc | 16816 County Road 10, Bristol, IN 46507 | IN | 1996-06 | $4,696 |
| 18 | West Lafayette Parks & Recreation Foundation Inc | PO BOX 2391, W Lafayette, IN 47996-2391 | IN | 1996-02 | $4,234 |
| 19 | Gillies Creek Park Foundation | 5102 Montebello Circle, Richmond, VA 23231 | VA | 1992-12 | $2,700 |
| 20 | Friends Of The Childrens Park In Chestnut Hill | Po Box 4355, Philadelphia, PA 19118 | PA | 1998-01 | $0 |
| Number of organizations performing similar types of work | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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| Total | 83 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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