FRIENDS OF INMAN PARK INC
Mission Statement
Springvale Park Playground Committee's (SPPC) mission is to rehabilitate the existing 4.6 acre Springvale Park and its small, infant and toddler focused playground. Our goal is to encourage physically active lifestyles and allow children of all ages and abilities to play together side-by-side in a natural setting. We believe that a child's right to play is a fundamental part of his/her physical and mental development, and that regular, creative play has lifelong health benefits. Additionally, we believe that families who engage in play together cement strong bonds, create happy, healthy memories and form stronger communities.
Financial Overview — FY 2024
Compared with Peers
FY 2024| Ratio | This org | Peer median | Position (P10 → P90) | |
|---|---|---|---|---|
|
Program expense ratio
Program expenses / total expenses
· higher is better
|
99.7% | 83.7% |
P10P90
|
Top quarter |
|
Admin expense ratio
Management and general / total expenses
· lower is better
|
0.3% | 13.1% |
P10P90
|
Top quarter |
|
Fundraising expense ratio
Fundraising expenses / total expenses
· lower is better
|
0.0% | 0.0% |
P10P90
|
Top quarter |
|
Fundraising efficiency
Fundraising expenses / gross fundraising income
· lower is better
|
0.0% | 10.2% |
P10P90
|
Top quarter |
|
Operating reserve
Months of expenses covered by net assets
· higher is better
|
22.5 mo | 11.2 mo |
P10P90
|
Above median |
|
Liabilities to assets
Total liabilities / total assets
· lower is better
|
0.0% | 3.1% |
P10P90
|
Top quarter |
|
Revenue concentration
Share of revenue from the largest source
· lower is better
|
92.5% | 92.1% |
P10P90
|
Below median |
|
Surplus margin
Surplus as a share of revenue
|
-9.2% | 2.9% |
P10P90
|
Financial History
| Year | Revenue | Expenses | Net Assets | Program % | Staff |
|---|---|---|---|---|---|
| 2024 | $140K | $152K | $286K | 99.7% | 0 |
| 2022 | $243K | $113K | $200K | 99.9% | 0 |
| 2021 | $112K | $78K | N/A | — | 1 |
| 2019 | $116K | $111K | N/A | — | 1 |
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