Totals
- Total revenue
- $17,856,170
- Total expenses
- $17,548,161
- Contributions and grants received
- $15,754,420
- Grants paid
- $47,319
- Program service revenue
- $1,548,040
- Investment income
- $553,710
- Other revenue
- $0
- Total assets, end of year
- $25,550,729
- Total liabilities, end of year
- $9,452,123
- Net assets or fund balances, end of year
- $16,098,606
- Program services expenses (Part IX)
- $12,948,707
- Management and general expenses
- $3,181,137
- Fundraising expenses
- $1,418,317
- Program service expenses (Part III)
- $12,948,707
Program services were 73.8% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
Line items
Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.
Revenue
Part VIII, the statement of revenue.
-
1e · Government grants (contributions)
$9,499,218
-
1f · All other contributions, gifts and grants
$6,255,202
-
1g · Noncash contributions included above
$457,385
-
2a · Program service revenue: CONSERVATION FEES
total $1,514,665 · related or exempt $1,514,665
-
2b · Program service revenue: RENTAL REVENUES
total $33,375 · related or exempt $33,375
-
3 · Investment income
total $530,844 · excluded $530,844
-
7a · Gross sales of assets other than inventory
securities $1,010,111
-
7b · Less cost or other basis and sales expenses
securities $987,245
-
7c · Gain or loss
securities $22,866
-
7d · Net gain or loss
total $22,866 · excluded $22,866
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $47,319 · program services $47,319
-
5 · Compensation of officers, directors and key employees
total $229,635 · program services $45,927 · management and general $91,854 · fundraising $91,854
-
7 · Other salaries and wages
total $2,513,760 · program services $1,662,503 · management and general $517,368 · fundraising $333,889
-
8 · Pension plan contributions
total $68,638 · management and general $68,638
-
9 · Other employee benefits
total $242,488 · program services $2,602 · management and general $239,238 · fundraising $648
-
10 · Payroll taxes
total $220,154 · program services $137,216 · management and general $48,744 · fundraising $34,194
-
11b · Fees: legal
total $404,192 · program services $213,812 · management and general $190,380
-
11c · Fees: accounting
total $379,346 · management and general $379,346
-
11d · Fees: lobbying
total $126,000 · fundraising $126,000
-
11e · Fees: professional fundraising services
total $420,000 · fundraising $420,000
-
11g · Fees: other
total $861,219 · program services $662,501 · management and general $191,030 · fundraising $7,688
-
12 · Advertising and promotion
total $32,373 · program services $11,976 · fundraising $20,397
-
13 · Office expenses
total $1,304,082 · program services $167,823 · management and general $1,045,793 · fundraising $90,466
-
16 · Occupancy
total $23,146 · program services $5,612 · management and general $17,534
-
17 · Travel
total $134,563 · program services $70,829 · management and general $13,430 · fundraising $50,304
-
22 · Depreciation, depletion and amortization
total $14,147 · program services $2,323 · management and general $11,824
-
24a · Other expenses: CONSTRUCTION CONTRACTS
total $8,243,950 · program services $8,237,950 · management and general $6,000
-
24b · Other expenses: PARK IMPROVEMENTS
total $1,319,493 · program services $747,230 · management and general $342,858 · fundraising $229,405
-
24c · Other expenses: BUILDING REPAIRS-MATERI
total $831,814 · program services $813,815 · management and general $15,849 · fundraising $2,150
-
24d · Other expenses: DEVELOPMENT/MATERIALS A
total $77,462 · program services $66,320 · fundraising $11,142
-
24e · All other expenses
total $54,380 · program services $52,949 · management and general $1,251 · fundraising $180
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $564,891 · end of year $787,669
-
2 · Savings and temporary cash investments
beginning of year $4,627,293 · end of year $7,234,508
-
3 · Pledges and grants receivable
beginning of year $4,134,544 · end of year $1,372,939
-
4 · Accounts receivable
beginning of year $14,727,111 · end of year $10,306,717
-
9 · Prepaid expenses and deferred charges
beginning of year $179,597 · end of year $129,436
-
10a · Land, buildings and equipment: cost or other basis
$354,488
-
10b · Land, buildings and equipment: accumulated depreciation
$304,733
-
10c · Land, buildings and equipment, net
beginning of year $22,464 · end of year $49,755
-
11 · Investments: publicly traded securities
beginning of year $3,914,014 · end of year $5,669,705
-
17 · Accounts payable and accrued expenses
beginning of year $2,909,255 · end of year $2,440,648
-
18 · Grants payable
beginning of year $697,343 · end of year $235,650
-
23 · Secured mortgages and notes payable
beginning of year $9,192,744 · end of year $6,768,803
-
25 · Other liabilities
beginning of year $2,350 · end of year $7,022
-
27 · Net assets without donor restrictions
beginning of year -$1,125,659 · end of year $485,281
-
28 · Net assets with donor restrictions
beginning of year $16,493,881 · end of year $15,613,325
Mission and programs · 2025
Mission
FAIRMOUNT PARK CONSERVANCY BRINGS PARKS TO LIFE. THE CONSERVANCY WORKS WITH THE CITY OF PHILADELPHIA AND ITS COMMUNITIES TO STEWARD OUR PARKS AND NURTURE OUR SHARED ENVIRONMENT, CULTURAL RESOURCES AND PUBLIC HEALTH (CONT'D IN SCH O)- AND ENHANCE QUALITY OF LIFE AND STIMULATE ECONOMIC DEVELOPMENT. THE CONSERVANCY LEADS CAPITAL PROJECTS AND LARGE-SCALE HISTORIC PRESERVATION EFFORTS, FOSTERS NEIGHBORHOOD PARK STEWARDSHIP, ATTRACTS AND LEVERAGES INVESTMENTS AND DEVELOPS INNOVATIVE PROGRAMS THROUGHOUT THE 10,200 ACRES THAT INCLUDE FAIRMOUNT PARK, SIX OTHER WATERSHED PARKS AND MORE THAN 140 NEIGHBORHOOD PARKS AND GARDENS AROUND THE CITY.
Activities or mission (Part I)
FAIRMOUNT PARK CONSERVANCY BRINGS PARKS TO LIFE. (CONT'D IN SCH O)THE CONSERVANCY WORKS WITH THE CITY OF PHILADELPHIA AND ITS COMMUNITIES TO STEWARD OUR PARKS, NURTURE OUR SHARED ENVIRONMENT, CULTURAL RESOURCES, AND PUBLIC HEALTH - AND ENHANCE QUALITY OF LIFE AND STIMULATE ECONOMIC DEVELOPMENT.
-
THE FAIRMOUNT PARK CONSERVANCY LEADS LARGE-SCALE CAPITAL IMPROVEMENTS TO PHILADELPHIA PARKLANDS, FROM PLANNING THROUGH CONSTRUCTION. IN 2025, PROJECTS INCLUDED ADVANCING THE COMPREHENSIVE LONG-RANGE FDR PARK PLAN, CONTINUING THE RENOVATION OF A RECREATION CENTER IN COBBS CREEK PARK, FINISHING DESIGNS TO ENHANCE THE CENTENNIAL DISTRICT OF WEST FAIRMOUNT PARK, AND ONGOING LAND CARE IN KEY GEOGRAPHIES ACROSS PHILADELPHIA. FDR PARK: THE CONSERVANCY, IN PARTNERSHIP WITH PHILADELPHIA PARKS & RECREATION, CONTINUES TO DELIVER TANGIBLE PROGRESS TOWARDS IMPLEMENTING THE FDR PARK PLAN. IN 2025, THE CONSERVANCY COMPLETED CONSTRUCTION OF THE $6 MILLION GATEWAY PLAZA, WHICH INCLUDES 81 NEW NATIVE TREES, STORM GARDENS FEATURING NATIVE PLANTS AND FLOWERING UNDERSTORY CANOPY TO ABSORB STORMWATER, AND PLAZAS FORMED IN THE SHAPES OF THE PARK'S ICONIC LAKES.IN 2025 THE CONSERVANCY ALSO COMPLETED CONSTRUCTION OF THE FDR PARK WELCOME CENTER. INITIATED IN 2022, THIS $12 MILLION PROJECT IS AN ADAPTIVE REUSE OF THE FORMER PARK GUARDHOUSE AND HORSE STABLES, MADE POSSIBLE THROUGH A PUBLIC-PRIVATE PARTNERSHIP BETWEEN THE CITY OF PHILADELPHIA AND THE CONSERVANCY.THE NEW WELCOME CENTER IS LEED GOLD CERTIFIED AND FEATURES PUBLIC RESTROOMS, AN OPEN-AIR COURTYARD FOR REFRESHMENTS AND EVENTS, COMMUNITY MEETING SPACES, PARK OFFICES, AND AN INFORMATION CENTER.COBBS CREEK PARK: FAIRMOUNT PARK CONSERVANCY CONTINUED ITS OVERSIGHT OF THE JOHNNY SAMPLE (COBBS CREEK) REC CENTER RENOVATION SUPPORTED BY THE CITY OF PHILADELPHIA'S REBUILD PROGRAM. THIS $15 MILLION PROJECT BRINGS NEW LIFE TO A BELOVED CORNERSTONE OF THE COBBS CREEK COMMUNITY THROUGH IMPROVED ACCESSIBILITY FEATURES, NEW ROOFING AND HVAC, A BOXING GYM AND MULTIPURPOSE ROOMS, AND A COMPLETELY REFINISHED BASKETBALL GYM. THE RENOVATION EXTENDS INTO THE REC CENTER'S LANDSCAPE AS WELL, CREATING ACCESSIBLE PATHWAYS AND ADDING NATIVE PLANTS AND TREES ALONG THE PARK TRAIL LEADING TO THE SITE.WEST FAIRMOUNT PARK: THE CONSERVANCY RELEASED NEW DESIGNS FOR THE HISTORIC JOHN WELSH MEMORIAL FOUNTAIN IN WEST FAIRMOUNT PARK'S CENTENNIAL DISTRICT, ENVISIONING A RESTORED FOUNTAIN SURROUNDED BY WELCOMING SPACES FOR PLAY, LEARNING, ART, AND RELAXATION. INFORMED BY EXTENSIVE COMMUNITY INPUT, THE PLANS FOR THE WELSH FOUNTAIN GARDEN ALSO IMPROVE PEDESTRIAN ACCESS, HIGHLIGHT PARKSIDE'S CULTURAL HISTORY, AND STRENGTHEN THE LANDSCAPE WITH RESILIENT NATIVE PLANTINGS.
Expenses $11,253,146 · Revenue $1,514,665
-
CITYWIDE PARK STEWARDSHIP AND CANOPY GROWTH: IN 2025, THE CONSERVANCY WORKED WITH PHILADELPHIA PARKS & RECREATION AND LOCAL VOLUNTEERS TO PLANT 1,409 TREES AND 498 SHRUBS ACROSS PHILLY PARKS, INCLUDING EAST AND WEST FAIRMOUNT PARK, COBBS CREEK, AND FDR PARK. THESE PLANTINGS EXPANDED THE URBAN CANOPY, RESTORED BIODIVERSITY, AND STRENGTHENED CLIMATE RESILIENCE, CREATING BOTH SHADE AND BEAUTY FOR GENERATIONS TO ENJOY.EVERY SPRING AND FALL, THE CONSERVANCY PARTNERS WITH PHILADELPHIA PARKS & RECREATION AND PARK FRIENDS GROUPS TO ORGANIZE A CITY-WIDE PARK CLEANUP CALLED LOVE YOUR PARK. THIS YEAR, A RECORD 4,040 VOLUNTEERS PLANTED 344 TREES AND 10,260 FLOWER BULBS, REMOVED 1,307 BAGS OF TRASH, AND COLLECTED 3,981 BAGS OF LEAVES AND ORGANIC DEBRIS FOR COMPOSTING.IN ADDITION, MORE THAN 1,430 VOLUNTEERS JOINED THE CONSERVANCY AT 63 PARK CLEANUP EVENTS IN EAST AND WEST FAIRMOUNT PARK, FDR PARK, AND COBBS CREEK PARK IN 2025, CONTRIBUTING THOUSANDS OF VOLUNTEER HOURS TO CLEANING AND GREENING, PLANTING 498 TREES AND 381 SHRUBS, AND TENDING TO 1,120 TREES.
Expenses $1,336,166 · Grants $47,319 · Revenue $33,375
-
PUBLIC PROGRAMS AND WELLNESS: THROUGHOUT 2025, THE CONSERVANCY OFFERED FREE AND LOW-COST PROGRAMS DESIGNED TO BRING PEOPLE TOGETHER AND ENCOURAGE PHILADELPHIANS TO ENJOY THEIR PARKS IN NEW WAYS. IN TOTAL, OVER 8,700 PEOPLE FROM 51 ZIP CODES ACROSS THE CITY AND REGION ATTENDED THE 81 PROGRAM EVENTS THAT THE CONSERVANCY ORGANIZED. SIXTY PERCENT OF PROGRAMS WERE COMPLETELY FREE, AND 70% OF PROGRAM PARTNERS ARE MINORITY AND WOMEN-OWNED BUSINESSES.IN ADDITION, THE POPULAR CITYWIDE WE WALK PHL PROGRAM KEPT UP THE PACE THROUGHOUT 2025, OFFERING 28 LOCATIONS FOR FREE WEEKLY GROUP WALKS IN THE SPRING AND FALL. THE PROGRAM IS A NATIONAL MODEL AND CONSERVANCY STAFF REGULARLY ADVISE OTHER CITIES ON CREATING SIMILAR PROGRAMS.
Expenses $359,395
As filed on the 2025 return. The filer continues this part on Schedule O, which is not shown here.
Listed in Part VII
-
Carol S EicherCAROL S EICHER
CHAIR AND PRESIDENT
- Total calculated
- $0
- Hours/week
- 5
-
Carol Horne PennCAROL HORNE PENN
VICE PRESIDENT & DIRECTOR
- Total calculated
- $0
- Hours/week
- 5
-
Heshan WanigasekeraHESHAN WANIGASEKERA
VICE PRESIDENT & DIRECTOR
- Total calculated
- $0
- Hours/week
- 5
-
Surge GhoshSURGE GHOSH
TREASURER & DIRECTOR
- Total calculated
- $0
- Hours/week
- 5
-
Max BergerMAX BERGER
TREASURER & DIRECTOR (THRU 4/25)
- Total calculated
- $0
- Hours/week
- 5
-
Mary CoeMARY COE
SECRETARY & DIRECTOR
- Total calculated
- $0
- Hours/week
- 5
-
John K BinswangerJOHN K BINSWANGER
DIRECTOR AT LARGE FOR LIFE
- Total calculated
- $0
- Hours/week
- 5
-
Connor BarwinCONNOR BARWIN
DIRECTOR
- Total calculated
- $0
- Hours/week
- 5
-
Ilene BurakILENE BURAK
DIRECTOR
- Total calculated
- $0
- Hours/week
- 5
-
Mark CeloniMARK CELONI
DIRECTOR
- Total calculated
- $0
- Hours/week
- 5
-
Amy DerstineAMY DERSTINE
DIRECTOR
- Total calculated
- $0
- Hours/week
- 5
-
John GattusoJOHN GATTUSO
DIRECTOR
- Total calculated
- $0
- Hours/week
- 5
-
Honorable Jamie R GauthierHONORABLE JAMIE R GAUTHIER
DIRECTOR
- Total calculated
- $0
- Hours/week
- 5
-
John B Kelly IIIJOHN B KELLY III
DIRECTOR
- Total calculated
- $0
- Hours/week
- 5
-
Obra KernodleOBRA KERNODLE
DIRECTOR
- Total calculated
- $0
- Hours/week
- 5
-
Jonathan KetznerJONATHAN KETZNER
DIRECTOR
- Total calculated
- $0
- Hours/week
- 5
-
Richard LazerRICHARD LAZER
DIRECTOR
- Total calculated
- $0
- Hours/week
- 5
-
John LevittiesJOHN LEVITTIES
DIRECTOR
- Total calculated
- $0
- Hours/week
- 5
-
Joseph M MankoJOSEPH M MANKO
DIRECTOR
- Total calculated
- $0
- Hours/week
- 5
-
Matthew McClureMATTHEW MCCLURE
DIRECTOR
- Total calculated
- $0
- Hours/week
- 5
-
Brett NedelkoffBRETT NEDELKOFF
DIRECTOR
- Total calculated
- $0
- Hours/week
- 5
-
Honorable Anthony PhillipsHONORABLE ANTHONY PHILLIPS
DIRECTOR
- Total calculated
- $0
- Hours/week
- 5
-
Susan SlawsonSUSAN SLAWSON
DIRECTOR
- Total calculated
- $0
- Hours/week
- 5
-
Sandra W WeckesserSANDRA W WECKESSER
DIRECTOR
- Total calculated
- $0
- Hours/week
- 5
-
Prema Katari GuptaPREMA KATARI GUPTA
DIRECTOR (THRU 1/16/25)
- Total calculated
- $0
- Hours/week
- 5
-
Deb McLoughlinDEB MCLOUGHLIN
DIRECTOR (THRU 11/25)
- Total calculated
- $0
- Hours/week
- 5
-
Tony SorrentinoTONY SORRENTINO
CEO (EFF 10/25)
- Total calculated
- $0
- Hours/week
- 40
-
Tim ClairTIM CLAIR
INTERIM CFO (INTERIM CEO THRU 10/25)
- Total calculated
- $229,634
- From this org
- $229,634
- From related orgs
- $0
- Other
- $0
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $229,634
- Bonus
- $0
- Other
- $0
- Deferred
- $0
- Nontaxable benefits
- $0
- Filer's total
- $229,634
-
Allison SchapkerALLISON SCHAPKER
CHIEF PROJECTS OFFICER
- Total calculated
- $214,578
- From this org
- $197,000
- From related orgs
- $0
- Other
- $17,578
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $197,000
- Bonus
- $0
- Other
- $0
- Deferred
- $6,769
- Nontaxable benefits
- $10,809
- Filer's total
- $214,578
-
Margaret HolscherMARGARET HOLSCHER
CHIEF DEVELOPMENT OFFICER
- Total calculated
- $173,571
- From this org
- $140,364
- From related orgs
- $0
- Other
- $33,207
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $140,364
- Bonus
- $0
- Other
- $0
- Deferred
- $5,951
- Nontaxable benefits
- $27,256
- Filer's total
- $173,571
-
Kevin RocheKEVIN ROCHE
CHIEF OF STAFF
- Total calculated
- $155,384
- From this org
- $148,800
- From related orgs
- $0
- Other
- $6,584
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $148,800
- Bonus
- $0
- Other
- $0
- Deferred
- $5,952
- Nontaxable benefits
- $632
- Filer's total
- $155,384
-
Lori FranzkeLORI FRANZKE
DIRECTOR OF MAJOR GIFTS
- Total calculated
- $126,599
- From this org
- $125,000
- From related orgs
- $0
- Other
- $1,599
- Hours/week
- 40
-
Sarah PetersonSARAH PETERSON
DIRECTOR OF COMMUNICATIONS
- Total calculated
- $139,360
- From this org
- $124,309
- From related orgs
- $0
- Other
- $15,051
- Hours/week
- 40
Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.
Schedule J
Answered yes
- 3 · Written employment contract
- 3 · Compensation survey or study
- 3 · Approval by the board or compensation committee
- 4a · Severance or change-of-control payment
Answered no
- 4b · Supplemental nonqualified retirement plan
- 4c · Equity-based compensation arrangement
- 5a · Pay contingent on this organization's revenues
- 5b · Pay contingent on a related organization's revenues
- 6a · Pay contingent on this organization's net earnings
- 6b · Pay contingent on a related organization's net earnings
- 7 · Other non-fixed payments
- 8 · Paid under the initial-contract exception
The filer's explanations (Part III)
- PART I, LINE 4A
- THE FORMER CEO RECEIVED A SEVERANCE EQUIVALENT TO 6 MONTHS BASE SALARY, PAYABLE IN MONTHLY INSTALLMENTS THROUGH APRIL 2026. IN ADDITION, PAYMENT FOR UNUSED PAID TIME OFF IN ACCORDANCE WITH THE COMPANY'S STANDARD POLICY WILL ALSO BE MADE, ESTIMATED AT 82 HOURS.
Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.
Grants on this return
No itemized grants to organizations on this return.
Provenance
- Return type
- form_990
- Tax year
- 2025
- Filed
- 22 September 2026
- IRS schema version
- 2025v4.2
- Source object
- 202612669349300131
Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.
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