Parks Alliance of Louisville
Meets Standards
Standards For Charity Accountability
Governance
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Board Oversight
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Board Size
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Board Meetings
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Board Compensation
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Conflict of Interest
Measuring Effectiveness
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Effectiveness Policy
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Effectiveness Report
Finances
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Program Expenses
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Fundraising Expenses
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Accumulating Funds
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Audit Report
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Detailed Expense Breakdown
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Accurate Expense Reporting
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Budget Plan
Fundraising & Info
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Truthful Materials
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Annual Report
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Website Disclosures
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Donor Privacy
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Cause Marketing Disclosures
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Complaints
Parks Alliance of Louisville meets the 20 Standards for Charity Accountability.
Stated Purpose:
The Parks Alliance of Louisville drives equitable investment in public parks to improve the health and well-being of the entire community.
Year, State Incorporated:
2005, KY
The nonprofit supports Louisville’s 100+ public parks and community centers not supported by other non-profits – most located in underserved neighborhoods - through advocacy, education, and strategic investment. It prioritizes long-underserved neighborhoods.
For the year ended December 31, 2023, Parks Alliance of Louisville's program expenses were:
Program services | $5,776,915 |
Total Program Expenses | $5,776,915 |
Chief Executive
Brooke Pardue, President/CEO
Chair of the Board
Ms. Ameerah Palacios
Chair's Profession / Business Affiliation
Nat'l Sr Strategic Comms Lead, HDR
Board Size
13
Paid Staff Size
6
Method(s) Used:
Direct mail appeals, Telephone appeals, Invitations to fund raising events, Grant proposals, Internet, Planned giving arrangements, Appeals via Social Media (Facebook, etc.)
This organization is tax-exempt under section 501(c)(3) of the Internal Revenue Code. It is eligible to receive contributions deductible as charitable donations for federal income tax purposes.
The following information is based on Parks Alliance of Louisville's audited financial statements for the year ended December 31, 2023.
Source of Funds
Contributions and grants | $3,377,116 |
Event income | $2,038,934 |
Interest income | $84,207 |
Donated use of facilities | $83,583 |
Total Income | $5,583,840 |
Programs: 96% Fundraising: 2% Administrative: 3%
Total Income | $5,583,840 |
Total expenses: | $6,036,118 |
Program expenses | $5,776,915 |
Fundraising expenses | $103,260 |
Administrative expenses | $155,943 |
Other expenses | $0 |
Income in Excess of Expenses | $-452,278 |
Beginning Net Assets | $3,736,793 |
Other Changes In Net Assets | $0 |
Ending Net Assets | $3,284,515 |
Total Liabilities | $141,212 |
Total Assets | $3,425,727 |
Ending net assets as reported above include $1,271,787 without donor restrictions and $2,012,728 with donor restrictions.
Total assets as reported above include $5,319 in property and equipment, net.
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