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Environment : Botanical Gardens, Parks, and Nature Centers

Fund for Park Avenue New York

To plant, light, and maintain the trees and flowers on the Park Ave malls

two stars

79.91

445 Park Avenue Suite 1000
New York, NY 10022
tel: (212) 705-4237   Web Site
EIN: 13-4061153

Board Leadership
Ronald D. Spencer
Chairman

CEO
Barbara McLaughlin
President

  Score
(out of 100)
Rating
Overall Score & Rating 79.91 two stars
  Financial 75.28 two stars
  Accountability & Transparency 86.00 three stars
This rating was published 12/01/2019 and includes data from FY2018, the most recent 990 received at that time.

The Fund for Park Avenue is one of the earliest examples of a public-private partnership working to improve and beautify New York City's public spaces. Because of the contributions received annually from the community, The Fund for Park Avenue has been able to consistently fulfill its mission of planting and maintaining the trees and flowers on the Park Avenue malls since it was founded in 1980.

The Fund for Park Avenue is one of the earliest examples of a public-private partnership working to improve and beautify New York City's public spaces. Because of the contributions received annually from the community, The Fund for Park Avenue has been able to consistently fulfill its mission of planting and maintaining the trees and flowers on the Park Avenue malls since it was founded in 1980.

Impact Information

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Financial

two stars

75.28

Accountability & Transparency

three stars

86.00

This rating was published 12/01/2019 and includes data from FY2018, the most recent 990 received at that time.
Overall Rating Chart
  Program Expenses
(Percent of the charity's total expenses spent on the programs
and services it delivers)
68.5%
  Administrative Expenses 27.3%
  Fundraising Expenses 4.0%
  Fundraising Efficiency $0.03
  Working Capital Ratio (years) 2.66
  Program Expenses Growth -1.3%
  Liabilities to Assets 3.6%
All data for Financial Performance Metrics calculations was provided by Fund for Park Avenue New York on recent 990s filed with the IRS.
All data for Financial Performance Metrics calculations was provided by Fund for Park Avenue New York on recent 990s filed with the IRS.

Highly Rated

Charity Name & State Overall Score Overall Rating
Fund for Park Avenue New York (NY) 79.91 two stars
Central Park Conservancy (NY) 87.31 three stars
City Parks Foundation (NY) 91.86 four stars
Riverfront Recapture (CT) 89.70 three stars
Discovery Green Conservancy (TX) 97.17 four stars

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REVENUE  
Contributions  
   Contributions, Gifts & Grants $1,207,295
   Federated Campaigns $0
   Membership Dues $0
   Fundraising Events $0
   Related Organizations $0
   Government Grants $0
Total Contributions $1,207,295
   Program Service Revenue $0
Total Primary Revenue $1,207,295
   Other Revenue $105,867
TOTAL REVENUE $1,313,162
   
EXPENSES  
   Program Expenses $720,505
   Administrative Expenses $282,970
   Fundraising Expenses $40,155
TOTAL FUNCTIONAL EXPENSES $1,043,630
   
Payments to Affiliates $0
Excess (or Deficit) for the year $269,532
   
Net Assets $2,814,068

Program names and associated costs are listed for the top programs as reported on the charity's most recently filed Form 990. The top programs displayed will include the largest three programs, or those programs covering at least 60% of the charity's total expenses, whichever comes first.

Program Name Amount Spent % of Program Expenses
Park Avenue Mall Planting Project $467,664 64.9%
Holiday Lighting Project $217,591 30.2%
Sculpture Program $35,250 4.9%

Ratings History

Form 990 FYE Date Published Overall Score Overall Rating
CN 2.1
2018-12 12/01/2019 79.91 two stars
2017-12 02/01/2019 80.43 three stars
2016-12 12/22/2017 76.84 two stars
2015-12 02/01/2017 79.19 two stars
2014-12 06/01/2016 78.86 two stars
 
CN 2.0
2014-12 12/22/2015 77.07 two stars
2013-12 06/01/2015 83.05 three stars
2012-12 12/01/2013 80.74 three stars

The data displayed on this tab is provided by the IRS in the form of Publication 78 and the Business Master File (BMF).

EIN 13-4061153
Name in IRS Master File FUND FOR PARK AVENUE NEW YORK INC
NTEE Code C50
NTEE Classification Environmental Beautification and Aesthetics
NTEE Type Environmental Quality, Protection and Beautification
Classification Charitable Organization
Subsection 501(c)(3)  (View the list of codes)
Activities
Foundation Status Organization which receives a substantial part of its support from a governmental unit or the general public   170(b)(1)(A)(vi)
Deductibility Contributions are deductible
Affiliation Independent - the organization is an independent organization or an independent auxiliary (i.e., not affiliated with a National, Regional, or Geographic grouping of organizations).
Group Name [Not Applicable]
Ruling Date August, 1999
Filing Requirement 990 (all other) or 990EZ return
Fiscal Year End December
IRS Forms 990
(provided courtesy of Foundation Center)
(Log In or Register Now to View Forms 990!)
  • December, 2017
  • December, 2016
  • December, 2015
  • December, 2014
  • December, 2013
Compensation % of Expenses Paid to Title
$85,000 8.14% Barbara Mclaughlin President
Other Salaries of Note
$80,500 7.71% Jo-Ann M. Polise Executive Director

Highly Rated

Charity Name & State Overall Score Overall Rating
Fund for Park Avenue New York (NY) 79.91 two stars
Discovery Green Conservancy (TX) 97.17 four stars
Friends of the High Line (NY) 94.87 four stars
Minneapolis Parks Foundation (MN) 87.25 three stars
Houston Parks Board (TX) 94.34 four stars

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Charity Contact Info

Fund for Park Avenue New York
445 Park Avenue
Suite 1000
New York, NY 10022
tel: (212) 705-4237
fax: (212) 705-4238
EIN: 13-4061153

Visit Web Site

Board Leadership

Ronald D. Spencer
Chairman

CEO

Barbara McLaughlin
President

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