FUND FOR PARKS AND RECREATION - BOSTON

EIN: 042784811 501(c)(3) Community Improvement

BOSTON, MA

Total Revenue
$9,998,889
Total Expenses
$6,888,625
Total Assets
$27,344,062
Net Assets
$27,056,222
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1983
Legal Domicile
MA
Principal Officer
LIZA MEYER
Phone
6176354505
Tax Period
2023-07-01 to 2024-06-30

FUND FOR PARKS AND RECREATION - BOSTON, founded in 1983, is a community nonprofit in the Community Improvement sector that reported $10.0M in total revenue in fiscal year 2023. Revenue decreased 6% compared to the prior year. The organization ran a surplus of $3.1M, a strong 31% operating margin.

Mission

TO PROVIDE RESIDENTS AND VISITORS WITH CLEAN, GREEN, SAFE, AND ACCESSIBLE OPEN SPACE IN MORE THAN 2,300 ACRES OF PARK LAND THROUGHOUT THE CITY INCLUDING PARKS, PLAYGROUNDS, ATHLETIC FACILITIES, CITY SQUARES, URBAN WILDS, STREET TREES, THREE ACTIVE CEMETERIES, SIXTEEN HISTORIC BURYING GROUNDS, AND TWO GOLF COURSES. OUR DEPARTMENT IS RESPONSIBLE FOR 217 CITY PARKS, PLAYGROUNDS AND ATHLETIC FIELDS, TWO GOLF COURSES, 65 SQUARES, 17 FOUNTAINS, 75 GAME COURTS, 16 HISTORIC AND THREE ACTIVE CEMETERIES, URBAN WILDS, FOUR HIGH SCHOOL ATHLETIC FIELDS, AND APPROXIMATELY 125,000 TREES, ALL COVERING 2,346 ACRES, 1,000 OF WHICH COMPRISE THE HISTORIC EMERALD NECKLACE. WE ARE ALSO RESPONSIBLE FOR MORE THAN 35,000 STREET TREES.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $4,160,881
Program Service Revenue $3,945,990
Investment Income $1,343,670
Other Revenue $548,348
TOTAL REVENUE $9,998,889

Expense Breakdown

Grants Paid $0
Salaries & Benefits $2,615,545
Fundraising Expenses $0
Program Expenses $4,068,885
Other Expenses $4,273,080
TOTAL EXPENSES $6,888,625

Year-over-Year Comparison

2023 2022 Change
Revenue $9,998,889 $10,649,321 -0.1%
Expenses $6,888,625 $9,501,618 -0.3%
Net Income $3,110,264 $1,147,703 +1.7%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
2
Independent Members
N/A
Employees
34
Volunteers
50

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
2
$278,285
Total Directors
2
$278,285
Key Employees
0
$0
Highest Compensated
4
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
RYAN WOODS CHAIR & COMMISSIONER 1.0
Officer Director
$0 $27,155 $145,787
SCOTT R ALLEN EXECUTIVE ASSISTANT 35.0
Highest
$131,277 $4,194 $135,471
JERICA BRADLEY 1ST ASST. COLLECTOR-TREASURER 1.0
Officer Director
$0 $9,623 $132,498
KEVIN FRAWLEY HEAD GOLF PROFESSIONAL 35.0
Highest
$121,817 $3,474 $125,291
LEONARD CURTIN GOLF COURSE SUPERINTENDENT 35.0
Highest
$121,817 $3,474 $125,291
RUSSELL HELLER GOLF COURSE SUPERINTENDENT 35.0
Highest
$121,817 $3,474 $125,291
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2025 No data No data No data No data
2024 $9,998,889 $6,888,625 $27,344,062 $3,110,264
2023 $10,649,321 $9,501,618 $24,277,839 $1,147,703
2022 $12,298,863 $4,811,497 $23,398,937 $7,487,366
2021 $6,711,889 $4,925,756 $15,922,090 $1,786,133
2020 $7,781,114 $5,410,865 $13,652,008 $2,370,249
2019 $9,386,320 $11,914,791 $12,252,065 $-2,528,471
2018 $12,379,144 $8,751,876 $14,515,757 $3,627,268
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