REDWOOD CITY PARKS AND ARTS FOUNDATION

EIN: 454990174 501(c)(3) Recreation & Sports

REDWOOD CITY, CA

Total Revenue
$619,747
Total Expenses
$622,218
Total Assets
$4,525,753
Net Assets
$2,001,161
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2012
Legal Domicile
CA
Principal Officer
PAMELA ESTES
Phone
6502418337
Tax Period
2024-01-01 to 2024-12-31

REDWOOD CITY PARKS AND ARTS FOUNDATION, founded in 2012, is a small nonprofit in the Recreation & Sports sector that reported $620K in total revenue in fiscal year 2024. Revenue decreased 5% compared to the prior year. Net assets of $2.0M represent 39 months of operating reserves.

Mission

THE ORGANIZATION'S MISSION IS TO AID, ASSIST, PROMOTE, ADVOCATE AND DEVELOP SUPPORT OF THE PUBLIC PARK FACILITIES, RECREATIONAL PROGRAMMING AND COMMUNITY SERVICES, CULTURAL ACTIVITIES, INCLUDING VISUAL PERFORMING AND PUBLIC ART AND CIVIC EVENTS IN THE REDWOOD CITY COMMUNITY. TO ADVOCATE, ADVANCE, AND DEVELOP SUPPORT FOR PARKS, RECREATIONAL PROGRAMMING, COMMUNITY SERVICES, CULTURAL ACTIVITIES, AND THE ARTS IN REDWOOD CITY AND SURROUNDING UNINCORPORATED AREAS.

Program Service Accomplishments

Program 1
Expenses: $473,097 Revenue: $57,328

HOSTED VALENTINE'S MESSAGE FUNDRAISER - DONORS' VALENTINE MESSAGES WERE DISPLAYED ON LARGE LED SCREEN ON COURTHOUSE SQUARE WITH LARGE LIGHTED FLORAL HEART IN FRONT OF IT FOR PHOTO...

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HOSTED VALENTINE'S MESSAGE FUNDRAISER - DONORS' VALENTINE MESSAGES WERE DISPLAYED ON LARGE LED SCREEN ON COURTHOUSE SQUARE WITH LARGE LIGHTED FLORAL HEART IN FRONT OF IT FOR PHOTO OPPORTUNITIES.PLANNED AND HOSTED CHALK FULL OF FUN IN DOWNTOWN REDWOOD CITY ON JULY 3 AND 4.HOSTED THE ANNUAL FUNDRAISER, PICNIC EN BLANC, TO RAISE FUNDS FOR A COMMUNITY NEED.HOSTED A PRE-SUMMER FUNDRAISER FOR MUSIC ON THE SQUARE.PROVIDE VOLUNTEERS (THE BUCKET BRIGADE) FOR MUSIC ON THE SQUARE FUNDRAISING AT THE 13 FRIDAY NIGHT CONCERTS HOSTED BY THE CITY OF REDWOOD CITY.CO-HOSTED OKTOBERFEST (AN EVENT OVER 9 DAYS IN SEPTEMBER) WITH THE CITY OF REDWOOD CITY.CO-HOSTED 4 PUB IN THE PARK EVENTS IN LOCAL PARKS DURING THE SUMMER WITH THE CITY OF REDWOOD CITY.MAINTAINED AND MANAGED VOLUNTEER KINDNESS AMBASSADOR PROGRAM TO PROVIDE STAFFING AT THE MAGICAL BRIDGE PLAYGROUND, AND PLANNED AND HOSTED 10 EVENTS AT THE PLAYGROUND.PLANNED AND HOSTED MAGICAL MUSIC & MOTION, WHICH IS 11 LIVE PERFORMANCES AT MAGICAL BRIDGE PLAYGROUND. FACILITATED OTHER PROGRAMMING AT THE MAGICAL BRIDGE PLAYGROUND.SUPPORT CONCESSION SALES AT ZOPPE CIRCUS WHICH IS HOSTED BY THE CITY OF REDWOOD CITY.SPONSORED AND SUPPORTED AN INCLUSION FESTIVAL IN RED MORTON PARK.FOUNDATION CONTINUED A NEWSLETTER AND SWITCHED TO CONSTANT CONTACT FOR DISTRIBUTION WHICH IS AVAILABLE THROUGH DONOR PERFECT SUBSCRIPTION.PROVIDED A GRANT TO THE CITY OF REDWOOD CITY'S PARKS, RECREATION, AND COMMUNITY SERVICES DEPT FOR THE PURCHASE OF ARCADE AND VIDEO GAMES TO CREATE A PUBLIC CENTER FOR VIDEO GAMING.MAINTAINED CHARLES SCHWAB ACCOUNTS FOR FOUNDATION FUNDS, PRCS GRANT FUNDS AND THE LIABILITY ACCOUNT. PARTNERED WITH EMMA TAYLOR OF PENINSULA PUZZLERS TO CO-HOST TWO JIGSAW PUZZLE TEAM COMPETITIONS.MAINTAINED A MEMBERSHIP WITH THE CHAMBER SAN MATEO COUNTY.CONTINUED FISCAL SPONSORSHIP OF OYE LATINX CONFERENCE.SPONSORED THE BRAVEMAKER FILMFEST.SPONSORED DIA DE LOS MUERTOS IN NOVEMBER HOSTED BY CASA CIRCULO CULTURAL.BOARD MEMBERS CONTINUED A MONTHLY WORK GROUP MEETING, IN ADDITION TO REGULAR MONTHLY BOARD MEETINGS. RECEIVED A GRANT FROM THE CHAN ZUCKERBERG INITIATIVE TO CONTINUE THE ARTS PROGRAMMING PLAN FOR THE CZI COMMUNITY SPACE. IMPLEMENT THE CZI COMMUNITY SPACE ARTS PROGRAMMING PLAN BY CONVENING AN ART ADVISORY WORK GROUP AND ISSUING A CALL FOR ART.HOSTED ONE ART EXHIBITION OPENING AT THE CZI COMMUNITY SPACE.WE CONTINUED TO HAVE A PART-TIME ADMINISTRATIVE ASSISTANT FROM JAN. 2024 THROUGH SEPT. 2024 AT WHICH TIME SHE RESIGNED.

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Trantor Score

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

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $287,313
Program Service Revenue $57,328
Investment Income $81,141
Other Revenue $193,965
TOTAL REVENUE $619,747

Expense Breakdown

Grants Paid $350,554
Salaries & Benefits $2,529
Fundraising Expenses $80,787
Program Expenses $473,097
Other Expenses $269,135
TOTAL EXPENSES $622,218

Year-over-Year Comparison

2024 2023 Change
Revenue $619,747 $654,557 -0.1%
Expenses $622,218 $389,572 +0.6%
Net Income $-2,471 $264,985 -1.0%
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
6
Independent Members
6
Employees
1
Volunteers
300

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
4
$0
Total Directors
7
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
PAMELA ESTES CHAIRPERSON 12.50
Officer Director
$0 $0 $0
SHEILA CEPERO VICE CHAIR 4.20
Officer Director
$0 $0 $0
LISA SCHOFIELD TREASURER 6.60
Officer Director
$0 $0 $0
PAM BEARD SECRETARY 3.70
Officer Director
$0 $0 $0
LORI HART DIRECTOR 3.60
Director
$0 $0 $0
COURTNEY RAPPOPORT DIRECTOR 1.50
Director
$0 $0 $0
PAUL MARELICH APR-NOV DIRECTOR 0.50
Director
$0 $0 $0
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
2024 $619,747 $622,218 $4,525,753 $-2,471
2023 $654,557 $389,572 $4,137,679 $264,985
2022 $949,035 $653,163 $3,661,219 $295,872
2021 $684,995 $526,397 $3,109,974 $158,598
2020 $748,444 $295,137 $2,360,930 $453,307
2019 $438,900 $323,525 $1,531,167 $115,375
2018 $507,743 $342,554 $1,091,658 $165,189
2017 $537,810 $204,824 $743,072 $332,986
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