DOWNTOWN SAN DIEGO PUBLIC SPACES FOUNDATION

EIN: 462438392 501(c)(3) Recreation & Sports

SAN DIEGO, CA

Total Revenue
$864,939
Total Expenses
$693,692
Total Assets
$254,521
Net Assets
$245,062
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2013
Legal Domicile
CA
Principal Officer
ELIZABETH BRENNAN
Phone
6192340201
Tax Period
2024-07-01 to 2025-06-30

DOWNTOWN SAN DIEGO PUBLIC SPACES FOUNDATION, founded in 2013, is a small nonprofit in the Recreation & Sports sector that reported $865K in total revenue in fiscal year 2024. Revenue surged 192% from the prior year, signaling strong growth momentum. The organization ran a surplus of $171K, a strong 20% operating margin.

Mission

TO ELEVATE THE QUALITY OF LIFE IN OUR URBAN COMMUNITIES THROUGH IMPROVEMENTS, SERVICES, AND ACTIVATIONS IN DOWNTOWN'S PARKS AND OPEN SPACES.

Program Service Accomplishments

Program 1
Expenses: $593,297 Revenue: $39,500

THROUGH A PARTNERSHIP WITH THE CONRAD PREBYS FOUNDATION AND U3 ADVISORS, THE DOWNTOWN SAN DIEGO PUBLIC SPACES FOUNDATION SECURED A GRANT TO CREATE A BIG-PICTURE VISION AND BLUEPRINT FOR THE SIX...

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THROUGH A PARTNERSHIP WITH THE CONRAD PREBYS FOUNDATION AND U3 ADVISORS, THE DOWNTOWN SAN DIEGO PUBLIC SPACES FOUNDATION SECURED A GRANT TO CREATE A BIG-PICTURE VISION AND BLUEPRINT FOR THE SIX DOWNTOWN BLOCKS THAT MAKE UP THE CIVIC CORE OF THE CITY.

Program 2
Expenses: $44,365

THE DOWNTOWN SAN DIEGO PUBLIC SPACES FOUNDATION SERVES AS A FISCAL SPONSOR OF THE BAY TO PARK PASEO, A 1.7-MILE WALKING EXPERIENCE HIGHLIGHTING THE CONNECTIVITY FROM SAN DIEGO BAY TO BALBOA PARK...

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THE DOWNTOWN SAN DIEGO PUBLIC SPACES FOUNDATION SERVES AS A FISCAL SPONSOR OF THE BAY TO PARK PASEO, A 1.7-MILE WALKING EXPERIENCE HIGHLIGHTING THE CONNECTIVITY FROM SAN DIEGO BAY TO BALBOA PARK THROUGH DESIGN. SINCE THE START OF THE PROGRAM THROUGH JUNE 2025, THE FOUNDATION RAISED A TOTAL OF $139,950 IN SUPPORT OF THE BAY TO PARK PASEO.

Program 3
Expenses: $47,652

GROW URBAN IS A TREE PLANTING INITIATIVE TO REPLACE ALL OF DOWNTOWN'S MISSING STREET TREES AND HELP OUR URBAN CANOPY THRIVE. IN FY24-25, GROW URBAN PLANTED A TOTAL OF 28 TREES TO ENHANCE DOWNTOWN'S...

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GROW URBAN IS A TREE PLANTING INITIATIVE TO REPLACE ALL OF DOWNTOWN'S MISSING STREET TREES AND HELP OUR URBAN CANOPY THRIVE. IN FY24-25, GROW URBAN PLANTED A TOTAL OF 28 TREES TO ENHANCE DOWNTOWN'S CANOPY.

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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 (2024)

Revenue Breakdown

Contributions & Grants $942,146
Program Service Revenue $39,500
Investment Income $0
Other Revenue $-116,707
TOTAL REVENUE $864,939

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $685,314
Other Expenses $693,692
TOTAL EXPENSES $693,692

Year-over-Year Comparison

2024 2023 Change
Revenue $864,939 $296,290 +1.9%
Expenses $693,692 $230,808 +2.0%
Net Income $171,247 $65,482 +1.6%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Liquidity & Cash Position

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Governance

Voting Members
7
Independent Members
6
Employees
N/A
Volunteers
N/A

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
5
$586,557
Total Directors
8
$586,557
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
ELIZABETH BRENNAN PRESIDENT AND CEO 0.25
Officer Director
$0 $18,638 $344,684
JUSTIN APGER CHIEF OPERATIONS OFFICER 0.25
Officer Director
$0 $6,669 $241,873
CHANELLE HAWKEN VICE PRESIDENT 0.25
Officer Director
$0 $0 $0
PHIL RATH TREASURER 0.25
Officer Director
$0 $0 $0
MICHELE VIVES SECRETARY 0.25
Officer Director
$0 $0 $0
JAMES LAWSON DIRECTOR 0.25
Director
$0 $0 $0
DIANA PUETZ DIRECTOR 0.25
Director
$0 $0 $0
DOUG KORN DIRECTOR 0.25
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
2025 $864,939 $693,692 $254,521 $171,247
2024 $296,290 $230,808 $276,396 $65,482
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