CITY PARKS FOUNDATION INC Charity Report

Public IRS 990 nonprofit record

CITY PARKS FOUNDATION INC

EIN 13-3561657 · Recreation & Sports (N32I)

What they do

CITY PARKS FOUNDATION is DEDICATED to INVIGORATING and TRANSFORMING PARKS INTO DYNAMIC, VIBRANT CENTERS of URBAN LIFE THROUGH SPORTS, ARTS, COMMUNITY BUILDING and EDUCATION PROGRAMS for ALL NEW YORKERS. CPFS PROGRAMS LOCATED IN MORE THAN 400 PARKS, RECREATION CENTERS and PUBLIC SCHOOLS ACROSS NEW YORK CITY REACH 300,000 PEOPLE EACH YEAR. CPFS ETHOS is SIMPLE: THRIVING PARKS MEAN THRIVING COMMUNITIES.

Before you give

Should I give to this charity?

Easy charity check

Look at where the money went

Of every $100 spent, about $86.00 was reported for mission work. Use the spending picture below and ask what results that work produced.

Plain answer: A tax form cannot prove that a charity is doing good. It can show how the charity says it spent its money—and point out questions you should ask.

Basic facts we verified

IRS warning checkNo IRS revocation warning appears in this data.

Money report from 2024The charity has a recent tax report to read.

They explain their jobThe charity tells us what it is trying to do.

They name their leaders51 people are listed in the latest report.

You can reach themThey list contact information, so you can ask questions.

Money made simple

74.97%of revenue went to mission work86.0% of expenses · Program services

4.33%of revenue went to fundraising5.0% of expenses

$87.17spent for every $100 of revenueRevenue covered expenses this year.

7.87%of revenue went to management and office costs9.0% of expenses

$1.97in assets for every $1 spent this yearSome assets cannot be spent right away.

71.3%of its money came from giftsOther money may come from services or investments.

Ask these three easy questions

Who did you help? Ask for a recent story or report that shows real results.
What will my money do? Ask exactly what your gift will pay for.
Is this really the charity? Give only through its official website or confirmed phone number.

Pay context: The highest compensation shown in this filing is $333,736 for HEATHER LUBOV (EXECUTIVE DIRECTOR). Compare pay with organizations of similar size and complexity.

Bottom line: Do not decide from a name, mission statement, or tax status alone. Look at where the money went, then ask what changed, who was helped, and what your gift will do. YouCanGiveBack does not endorse or grade organizations.

Money

Financial picture

Tax year 2024

A plain-language look at the latest Form 990 figures available. These numbers help you ask better questions; they do not, by themselves, rate whether a charity is good or bad.

$100revenue

How each $100 of revenue was used

The large number compares each expense with revenue. The smaller number shows its share of total expenses.

Total reported revenue$27,240,156

Mission workProgram services$20,421,45274.97% of revenue86.0% of expenses

ManagementOffice and general costs$2,144,2137.87% of revenue9.0% of expenses

FundraisingAsking for donations$1,179,6194.33% of revenue5.0% of expenses

Revenue left after expensesReported annual surplus$3,494,87212.83% of revenueShown in gray on the chart

Total expenses$23,745,28487.17% of revenue

Gray means reported revenue left after expenses for this filing year. It does not necessarily mean cash sitting in a bank account.

Has the pattern changed?

Colored bars = expense mix: how each year’s expenses were divided. Total expenses vs. revenue shows whether the charity spent less or more than it received. The current filing is first.

YearExpense mixDetails

2024CurrentExpense mix: 86.0% mission · 9.0% management · 5.0% fundraisingTotal expenses: 87.17% of revenue

2023Expense mix: 86.4% mission · 9.0% management · 4.6% fundraisingTotal expenses: 97.02% of revenue

2022Expense mix: 86.8% mission · 9.3% management · 3.8% fundraisingTotal expenses: 99.88% of revenue

2021Expense mix: 84.7% mission · 10.7% management · 4.7% fundraisingTotal expenses: 84.07% of revenue

2020Expense mix: 83.2% mission · 10.4% management · 6.4% fundraisingTotal expenses: 112.68% of revenue

2019Expense mix: 87.9% mission · 8.6% management · 3.5% fundraisingTotal expenses: 100.91% of revenue

2018Expense mix: 88.2% mission · 6.6% management · 5.2% fundraisingTotal expenses: 98.59% of revenue

2017Expense mix: 87.4% mission · 7.8% management · 4.8% fundraisingTotal expenses: 88.84% of revenue

Money in and money out

Revenue$27,240,156

Expenses$23,745,284

Annual surplus $3,494,872 Revenue was higher than expenses for this filing year.

Reported spending amounts

Mission work means the Form 990 category called program services. These are reported accounting categories—not an independent measurement of results.

Mission work (program services)$20,421,452 · 86.0% of expenses

Management and office costs$2,144,213 · 9.0% of expenses

Fundraising$1,179,619 · 5.0% of expenses

See all reported dollar amounts

Revenue$27,240,156

Expenses$23,745,284

Assets$46,857,143

Income$28,835,026

Contributions$19,410,160

Mission work (program services)$20,421,452

Fundraising$1,179,619

Grants given$12,476,689

Average grant$36,060

Management and general$2,144,213

Executive compensation (total)$460,836

Stocks and bonds$27,053,147

Accounting fees$60,607

Investing fees$49,003

People

Leadership and board

Tax year 2024

Names, titles, time, and compensation below are reported by the organization on its Form 990.

People reported as paid

Person and titleCompensation

HEATHER LUBOVEXECUTIVE DIRECTOR · 40 hrs/week $333,736Base $289,604 · Other $44,132

SIMON CHUCHIEF FINANCIAL OFFICER · 40 hrs/week $229,036Base $178,592 · Other $50,444

MICHAEL SILVERMANDIRECTOR OF SPORTS · 40 hrs/week $226,409Base $180,548 · Other $45,861

ERICA NEWMANCHIEF OPERATING OFFICER · 40 hrs/week $215,146Base $200,626 · Other $14,520

ROSEMARY RAPOSO JORDACHIEF MARKETING & DEV. OFFICER · 40 hrs/week $208,526Base $202,080 · Other $6,446

ERIKA ELLIOTTEXECUTIVE ARTISTIC DIRECTOR · 40 hrs/week $199,512Base $151,572 · Other $47,940

CHRISSY WORDDIRECTOR OF EDUCATION · 40 hrs/week $183,932Base $135,889 · Other $48,043

BRYANT BRADSHAWDIRECTOR OF DEVELOPMENT · 40 hrs/week $171,345Base $152,316 · Other $19,029

Compensation alone does not tell whether pay is reasonable. Consider the charity’s size, work, location, and results.

See everyone listed on the board or leadership roster (51)

HEATHER LUBOVEXECUTIVE DIRECTOR

SIMON CHUCHIEF FINANCIAL OFFICER

MICHAEL SILVERMANDIRECTOR OF SPORTS

ERICA NEWMANCHIEF OPERATING OFFICER

ROSEMARY RAPOSO JORDACHIEF MARKETING & DEV. OFFICER

ERIKA ELLIOTTEXECUTIVE ARTISTIC DIRECTOR

CHRISSY WORDDIRECTOR OF EDUCATION

BRYANT BRADSHAWDIRECTOR OF DEVELOPMENT

KATIE SWEGLE MEYERERDIRECTOR

JOHN TROUBHEXECUTIVE CHAIR

LARY WOLFSECRETARY

JOE KILLIANDIRECTOR

LEE SCHALOPTREASURER

LINDSAY SHANAHANDIRECTOR

MELISSA KANTERDIRECTOR

MIA CAMPBELLDIRECTOR

PAMELA WESTDIRECTOR

OLA HIXONDIRECTOR

JEAN TROUBHEXECUTIVE CHAIR

PETER SHAPIRODIRECTOR

ROBERT SAVITTVICE CHAIR

ROHIT CHOPRADIRECTOR

ROLAND S MERCHANT JRCHAIR

SAM BIEDERMANDIRECTOR

SAMANTHA SICHELDIRECTOR

STEVEN BEERDIRECTOR

SUSAN K FREEDMANVICE CHAIR

SUZANNE BRUMEDIRECTOR

ELAINE ZIEMBADIRECTOR

ANDY RAMAMOORTHYDIRECTOR (THRU SEP 2024)

AVERY CORMANDIRECTOR

BILLIE JEAN KINGDIRECTOR

BRENDAN OROURKEDIRECTOR

CLAIRE G PELLEGRINI CLOUDDIRECTOR

DAVID BARSEEXECUTIVE CHAIR

DAVID MOOREEXECUTIVE CHAIR

DAVID PINTERDIRECTOR

DEBRA FIFEDIRECTOR

DR DERECK SKEETEDIRECTOR

ELAINE CLARKDIRECTOR

JENNIFER FROMMERDIRECTOR

ELIZABETH SARNOFFDIRECTOR

ERIC PLANEYDIRECTOR

GAIL GORDONDIRECTOR

GARY R BOIGONDIRECTOR

GREG WILLIAMSONDIRECTOR

HAROLD WEINBERGERDIRECTOR

JASON WARDDIRECTOR

ALEXANDER SLOANEDIRECTOR

JEAN-YVES FILLIONDIRECTOR

JEFFREY WILKSDIRECTOR

About this charity

Recognized since: January 1990
Location: 830 FIFTH AVENUE, NEW YORK, NY 10065
County: New York
In care of: HEATHER LUBOV
Primary officer: HEATHER LUBOV, EXECUTIVE DIRECTOR

How to reach them

WebsiteVisit the charity’s website Emailinfo@cityparksfoundation.org Phone(212) 360-1399

Filing and classification

Latest tax year: 2024
Tax period began: January 1, 2024
Return type: 990
Tax preparer: PKF OCONNOR DAVIES ADVISORY LLC
NTEE classification: Recreation & Sports (N32I)
IRS tax category: Other Grantmaking and Giving Services
Grant-giving organization: Yes