PETALUMA RIVER PARK FOUNDATION INC

EIN: 842431277 501(c)(3) Recreation & Sports

PETALUMA, CA

Total Revenue
$4,071,125
Total Expenses
$1,527,497
Total Assets
$12,597,362
Net Assets
$12,459,015
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Financial Trends

Organization Details

Formation Year
2019
Legal Domicile
CA
Principal Officer
SEAIR LORENTZ
Phone
7072771655
Tax Period
2024-01-01 to 2024-12-31

PETALUMA RIVER PARK FOUNDATION INC, founded in 2019, is a community nonprofit in the Recreation & Sports sector that reported $4.1M in total revenue in fiscal year 2024. Revenue fell 53% from the prior year — a significant decline worth monitoring. The organization ran a surplus of $2.5M, a strong 62% operating margin.

Mission

THE MISSION OF THE PETALUMA RIVER PARK FOUNDATION IS TO MEET OUR VITAL NEED FOR SHARED SPACE THAT CONNECTS PEOPLE, ART, AND NATURE. WE ENVISION A VIBRANT, WELCOMING PARK THAT FOSTERS A LOVE FOR NATURE, SPARKS CREATIVITY, AND UNIFIES OUR COMMUNITY FOR GENERATIONS TO COME.

Program Service Accomplishments

Program 1
Expenses: $708,994 Revenue: $702,613

IN 2024, THE PETALUMA RIVER PARK FOUNDATION MADE MAJOR STRIDES TOWARD REALIZING ITS VISION OF A 35-ACRE URBAN PARK THAT PROMOTES EQUITY, ECOLOGICAL RESILIENCE, AND COMMUNITY HEALTH. WITH SUPPORT FROM...

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IN 2024, THE PETALUMA RIVER PARK FOUNDATION MADE MAJOR STRIDES TOWARD REALIZING ITS VISION OF A 35-ACRE URBAN PARK THAT PROMOTES EQUITY, ECOLOGICAL RESILIENCE, AND COMMUNITY HEALTH. WITH SUPPORT FROM DONORS AND PUBLIC AGENCIES, THE FOUNDATION ACQUIRED THE PIVOTAL 500 HOPPER STREET PROPERTY, EXPANDING THE PARK'S FOOTPRINT AND ENABLING GREATER ACCESS BETWEEN EAST AND WEST PETALUMA (OPEN FOR GUIDED TOURS). OVER 1,200 RESIDENTS PARTICIPATED IN A COMMUNITY-LED CONCEPT PLANNING PROCESS, INCLUDING AN INNOVATIVE COMMUNITY PARK DESIGNERS PROGRAM AND ARTIST-LED WORKSHOPS THAT ELEVATED MARGINALIZED VOICES. THE FOUNDATION MAINTAINED THE PARK, CONTINUED PUBLIC PROGRAMMING, COMPLETED CRITICAL INFRASTRUCTURE IMPROVEMENTS SUCH AS A SHADED GATHERING AREA, AND LAUNCHED ITS STRATEGIC CAPITAL CAMPAIGN PLANNING. STRONG PARTNERSHIPS WERE CULTIVATED WITH THE CITY OF PETALUMA, PUBLIC AGENCIES, AND REGIONAL NONPROFITS, REINFORCING THE FOUNDATION'S ROLE AS A LEADER IN INCLUSIVE, NATURE-BASED PLACEMAKING.

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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 $3,307,719
Program Service Revenue $702,613
Investment Income $60,793
Other Revenue $0
TOTAL REVENUE $4,071,125

Expense Breakdown

Grants Paid $0
Salaries & Benefits $639,591
Fundraising Expenses $298,690
Program Expenses $708,994
Other Expenses $887,906
TOTAL EXPENSES $1,527,497

Year-over-Year Comparison

2024 2023 Change
Revenue $4,071,125 $8,661,125 -0.5%
Expenses $1,527,497 $1,025,547 +0.5%
Net Income $2,543,628 $7,635,578 -0.7%
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
11
Independent Members
10
Employees
9
Volunteers
11

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
6
$322,889
Total Directors
11
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
DAVID DUSKIN PRESIDENT/CHAIR 10.00
Officer Director
$0 $0 $0
DEBORAH SMITH VICE CHAIR 5.00
Officer Director
$0 $0 $0
JORGE SERVIN TREASURER 1.00
Officer Director
$0 $0 $0
SEAN PAUL LORENTZ SECRETARY 5.00
Officer Director
$0 $0 $0
ANA CORDOVA BELIK BOARD MEMBER 2.00
Director
$0 $0 $0
ELIZA HOOSHIAR BOARD MEMBER 1.00
Director
$0 $0 $0
RAY FORT BOARD MEMBER 1.00
Director
$0 $0 $0
STEPHANIE BLAKE BOARD MEMBER 1.00
Director
$0 $0 $0
SUSAN ROCKRISE BOARD MEMBER 1.00
Director
$0 $0 $0
NED FOLEY BOARD MEMBER 1.00
Director
$0 $0 $0
TATIANA MORA-LIAUTAUD BOARD MEMBER 1.00
Director
$0 $0 $0
SEAIR LORENTZ EXECUTIVE DIRECTOR 40.00
Officer
$172,557 $15,782 $188,339
MARGE LIMBERT DEVELOPMENT DIRECTOR 40.00
Officer
$134,550 $0 $134,550
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 $4,071,125 $1,527,497 $12,597,362 $2,543,628
2023 $8,661,125 $1,025,547 $10,061,394 $7,635,578
2022 $754,422 $418,652 $2,297,230 $335,770
2021 $641,629 $64,657 $1,950,667 $576,972
2020 $703,966 $20,604 $1,377,889 $683,362
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