INDIANAPOLIS PARKS FOUNDATION INC Charity Report

Public IRS 990 nonprofit record

INDIANAPOLIS PARKS FOUNDATION INC

EIN 35-1860468 · Fund Raising & Fund Distribution - Recreation, Sports (N12)

What they do

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.

Before you give

Should I give to this charity?

Easy charity check

Look at where the money went

Of every $100 spent, about $47.50 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 leaders16 people are listed in the latest report.

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

Money made simple

58.64%of revenue went to mission work47.5% of expenses · Program services

25.90%of revenue went to fundraising21.0% of expenses

$123.40spent for every $100 of revenueSpending was higher than revenue this year.

38.86%of revenue went to management and office costs31.5% of expenses

$0.66in assets for every $1 spent this yearSome assets cannot be spent right away.

107.1%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.

Worth asking: Expenses exceeded revenue by $366,892 this year. Ask whether that was planned or caused by a one-time event.

Pay context: The highest compensation shown in this filing is $76,074 for RUSTY CARR (PRESIDENT & CEO (END 09/24)). 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$1,567,683

Mission workProgram services$919,35558.64% of revenue47.5% of expenses

ManagementOffice and general costs$609,13238.86% of revenue31.5% of expenses

FundraisingAsking for donations$406,08825.90% of revenue21.0% of expenses

Total expenses$1,934,575123.40% of revenue

Expenses were greater than revenue, so the colored ring fills the available $100 and the total above 100% is shown below.

Has the pattern changed?

Each bar shows the share of annual spending reported for mission work, management, and fundraising.

202447.5% mission

202365.0% mission

202261.5% mission

202183.2% mission

202087.2% mission

201986.1% mission

201885.1% mission

201778.3% mission

Money in and money out

Revenue$1,567,683

Expenses$1,934,575

Annual shortfall $366,892 Expenses were higher than revenue 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)$919,355 · 47.5% of expenses

Management and office costs$609,132 · 31.5% of expenses

Fundraising$406,088 · 21.0% of expenses

See all reported dollar amounts

Revenue$1,567,683

Expenses$1,934,575

Assets$1,280,090

Income$1,735,370

Contributions$1,678,345

Mission work (program services)$919,355

Fundraising$406,088

Grants given$18,858,569

Average grant$2,694,081

Management and general$609,132

Executive compensation (total)$122,687

Stocks and bonds$317,821

Accounting fees$27,397

Investing fees$13,352

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

RUSTY CARRPRESIDENT & CEO (END 09/24) · 38 hrs/week $76,074Base $72,512 · Other $3,562

BLAKE JOHNSONINTERIM PRESIDENT & CEO (BEGINNING 09/24) · 20 hrs/week $35,409Base $35,096 · Other $313

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 (16)

RUSTY CARRPRESIDENT & CEO (END 09/24)

BLAKE JOHNSONINTERIM PRESIDENT & CEO (BEGINNING 09/24)

EDDY LUXBOARD MEMBER

JENN SCHIMMELPFENNIGVICE CHAIR

JENNIFER BARTENBACHTREASURER

JOHN JACKSONBOARD MEMBER

KEVIN OSBURNBOARD MEMBER

LESLEY GORDONBOARD MEMBER

MARK HOUDEKBOARD MEMBER

PHYLLIS BOYDBOARD MEMBER

SARAH IGLEHARTBOARD MEMBER

SHARON CLARKBOARD MEMBER

TANYA SEARCYBOARD MEMBER

TODD WILSONBOARD MEMBER

VICTORIA TEMPLE-SCHNEIDERCHAIR

VINCENT ASHSECRETARY

About this charity

Recognized since: January 2001
Location: 3001 N WHITE RIVER PARKWAY W DR, INDIANAPOLIS, IN 46222
County: Marion
In care of: BLAKE JOHNSON
Primary officer: BLAKE JOHNSON, INTERIM CEO

How to reach them

WebsiteVisit the charity’s website Emailinfo@parks-alliance.org Phone(317) 340-8024

Filing and classification

Latest tax year: 2024
Tax period began: January 1, 2024
Return type: 990
Tax preparer: FORVIS MAZARS LLP
NTEE classification: Fund Raising & Fund Distribution - Recreation, Sports (N12)
IRS tax category: Fund Raising & Fund Distribution
Grant-giving organization: Yes