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Nonprofiteer
← THE PARK SCHOOL OF BUFFALO FOUNDATION INC

Form 990 for tax year 2024

Filed by THE PARK SCHOOL OF BUFFALO FOUNDATION INC.

Totals

Total revenue
$2,474,029
Total expenses
$1,042,921
Contributions and grants received
$2,441,797
Grants paid
$130,337
Program service revenue
$0
Investment income
$32,232
Other revenue
$0
Total assets, end of year
$5,630,742
Total liabilities, end of year
$224,086
Net assets or fund balances, end of year
$5,406,656
Program services expenses (Part IX)
$1,018,894
Management and general expenses
$24,027
Fundraising expenses
$0
Program service expenses (Part III)
$1,018,894

Program services were 97.7% 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.

  • 1f · All other contributions, gifts and grants

    $2,441,797

  • 3 · Investment income

    total $32,232 · excluded $32,232

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $130,337 · program services $130,337

  • 11f · Fees: investment management

    total $22,662 · management and general $22,662

  • 24a · Other expenses: TRANSFER FUNDS TO PARK

    total $888,557 · program services $888,557

  • 24b · Other expenses: BAD DEBTS

    total $1,250 · management and general $1,250

  • 24c · Other expenses: BANK SERVICE CHARGES

    total $115 · management and general $115

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $754,401 · end of year $836,000

  • 3 · Pledges and grants receivable

    beginning of year $46,455 · end of year $1,844,898

  • 4 · Accounts receivable

    beginning of year $260,295 · end of year $16,065

  • 9 · Prepaid expenses and deferred charges

    beginning of year $3,208 · end of year $3,208

  • 11 · Investments: publicly traded securities

    beginning of year $7,434

  • 15 · Other assets

    beginning of year $2,661,185 · end of year $2,930,571

  • 17 · Accounts payable and accrued expenses

    beginning of year $101,149 · end of year $224,086

  • 27 · Net assets without donor restrictions

    beginning of year $816,673 · end of year $206,101

  • 28 · Net assets with donor restrictions

    beginning of year $2,815,156 · end of year $5,200,555

Mission and programs · 2024

Mission

PROVIDE FUNDS TO THE PARK SCHOOL OF BUFFALO FOR SCHOLARSHIPS TO STUDENTS AND TEACHER DEVELOPMENT.

  • PROVIDE FUNDS TO THE PARK SCHOOL OF BUFFALO FOR SCHOLARSHIPS AND TEACHER DEVELOPMENT.

    Expenses $1,018,894 · Grants $130,337

As filed on the 2024 return.

Listed in Part VII

  • Trudy Mollenberg

    PRESIDENT

    Total calculated
    $0
    Hours/week
    1

  • Andrew Morrison

    VICE PRESIDENT

    Total calculated
    $0
    Hours/week
    1

  • Martin Berardi

    TREASURER

    Total calculated
    $0
    Hours/week
    1

  • David Draper

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • Linda Kahn

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • Mark Karrer

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1 + 1 related

  • David Rich

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

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.

Grants on this return

Related organizations on this return

Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.

Provenance

Return type
form_990
Tax year
2024
Filed
4 March 2026
IRS schema version
2024v5.5
Source object
202620699349300717

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