Totals
- Total revenue
- $34,669,959
- Total expenses
- $28,891,101
- Contributions and grants received
- $32,864,091
- Grants paid
- $43,034
- Program service revenue
- $1,448,308
- Investment income
- $357,560
- Other revenue
- $0
- Total assets, end of year
- $28,169,914
- Total liabilities, end of year
- $12,801,692
- Net assets or fund balances, end of year
- $15,368,222
- Program services expenses (Part IX)
- $24,319,795
- Management and general expenses
- $2,902,890
- Fundraising expenses
- $1,668,416
- Program service expenses (Part III)
- $24,319,795
Program services were 84.2% 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)
$19,246,816
-
1f · All other contributions, gifts and grants
$13,617,275
-
1g · Noncash contributions included above
$340,492
-
2a · Program service revenue: CONSERVATION FEES
total $1,350,121 · related or exempt $1,350,121
-
2b · Program service revenue: RENTAL REVENUES
total $98,187 · related or exempt $98,187
-
3 · Investment income
total $354,710 · excluded $354,710
-
7a · Gross sales of assets other than inventory
securities $343,342
-
7b · Less cost or other basis and sales expenses
securities $340,492
-
7c · Gain or loss
securities $2,850
-
7d · Net gain or loss
total $2,850 · excluded $2,850
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $41,726 · program services $41,726
-
2 · Grants to domestic individuals
total $1,308 · program services $1,308
-
5 · Compensation of officers, directors and key employees
total $459,695 · program services $81,473 · management and general $228,998 · fundraising $149,224
-
7 · Other salaries and wages
total $2,751,179 · program services $1,905,110 · management and general $503,805 · fundraising $342,264
-
8 · Pension plan contributions
total $76,373 · program services $48,595 · management and general $16,983 · fundraising $10,795
-
9 · Other employee benefits
total $339,154 · program services $200,923 · management and general $89,299 · fundraising $48,932
-
10 · Payroll taxes
total $251,511 · program services $156,359 · management and general $56,798 · fundraising $38,354
-
11b · Fees: legal
total $146,373 · program services $146,373
-
11c · Fees: accounting
total $207,420 · management and general $207,420
-
11d · Fees: lobbying
total $126,000 · fundraising $126,000
-
11e · Fees: professional fundraising services
total $550,000 · fundraising $550,000
-
11g · Fees: other
total $1,394,183 · program services $1,226,671 · management and general $162,114 · fundraising $5,398
-
12 · Advertising and promotion
total $18,337 · program services $17,444 · management and general $605 · fundraising $288
-
13 · Office expenses
total $1,439,192 · program services $353,847 · management and general $975,942 · fundraising $109,403
-
16 · Occupancy
total $24,507 · program services $2,741 · management and general $21,766
-
17 · Travel
total $206,907 · program services $57,764 · management and general $41,784 · fundraising $107,359
-
22 · Depreciation, depletion and amortization
total $17,885 · program services $6,985 · management and general $10,900
-
24a · Other expenses: CONSTRUCTION CONTRACTS
total $18,854,262 · program services $18,854,262
-
24b · Other expenses: PARK IMPROVEMENTS
total $1,246,351 · program services $550,422 · management and general $521,196 · fundraising $174,733
-
24c · Other expenses: BUILDING REPAIRS-MATERI
total $577,268 · program services $572,005 · management and general $334 · fundraising $4,929
-
24d · Other expenses: DEVELOPMENT/MATERIALS A
total $91,316 · program services $89,919 · management and general $660 · fundraising $737
-
24e · All other expenses
total $70,154 · program services $5,868 · management and general $64,286
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $1,348,345 · end of year $564,891
-
2 · Savings and temporary cash investments
beginning of year $1,547,656 · end of year $4,627,293
-
3 · Pledges and grants receivable
beginning of year $5,155,448 · end of year $4,134,544
-
4 · Accounts receivable
beginning of year $10,297,751 · end of year $14,727,111
-
9 · Prepaid expenses and deferred charges
beginning of year $288,860 · end of year $179,597
-
10a · Land, buildings and equipment: cost or other basis
$313,049
-
10b · Land, buildings and equipment: accumulated depreciation
$290,585
-
10c · Land, buildings and equipment, net
beginning of year $22,385 · end of year $22,464
-
11 · Investments: publicly traded securities
beginning of year $3,394,706 · end of year $3,914,014
-
17 · Accounts payable and accrued expenses
beginning of year $6,612,854 · end of year $2,909,255
-
18 · Grants payable
beginning of year $881,201 · end of year $697,343
-
19 · Deferred revenue
beginning of year $56,500
-
23 · Secured mortgages and notes payable
beginning of year $5,196,948 · end of year $9,192,744
-
25 · Other liabilities
beginning of year $1,950 · end of year $2,350
-
27 · Net assets without donor restrictions
beginning of year -$1,949,641 · end of year -$1,125,659
-
28 · Net assets with donor restrictions
beginning of year $11,255,339 · end of year $16,493,881
Mission and programs · 2024
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. THE CONSERVANCY LEADS CAPITAL PROJECTS AND (CONT'D IN SCH O)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)
THE FAIRMOUNT PARK CONSERVANCY WORKS AS A COLLABORATIVE PARTNER TO LEAD (CONT'D IN SCH O)AND SUPPORT EFFORTS WHICH PRESERVE AND IMPROVE THE FAIRMOUNT PARK SYSTEM IN ORDER TO ENHANCE THE QUALITY OF LIFE AND STIMULATE ECONOMIC DEVELOPMENT OF THE GREATER PHILADELPHIA REGION.
-
THE FAIRMOUNT PARK CONSERVANCY LEADS LARGE-SCALE CAPITAL IMPROVEMENTS TO PHILADELPHIA PARKLANDS, FROM THE PLANNING STAGE THROUGH CONSTRUCTION. IN 2024, PROJECTS INCLUDED ADVANCING THE FDR PARK PLAN, CONTINUED PLANNING AND IMPLEMENTATION IN WEST FAIRMOUNT PARK, AND ONGOING LAND CARE WORK IN KEY GEOGRAPHIES. FDR PARK: THE CONSERVANCY, IN PARTNERSHIP WITH PHILADELPHIA PARKS & RECREATION, CONTINUES TO DELIVER TANGIBLE PROGRESS TOWARDS IMPLEMENTING THE FDR PARK PLAN. IN 2024, THE CONSERVANCY BROKE GROUND ON THE $6 MILLION GATEWAY PLAZA IN APRIL, A SIGNATURE FEATURE OF THE GATEWAY PHASE. THE PROJECT INCLUDES THE INSTALLATION OF 81 NEW NATIVE TREES, 25 NEW SHRUBS, AND OVER 12,000 PERENNIAL AND GRASS/FERN PLUGS, RAIN GARDENS FEATURING NATIVE PLANTS AND FLOWERING UNDERSTORY CANOPY TO ABSORB STORMWATER, AND PLAZAS FORMED IN THE SHAPES OF THE PARK'S ICONIC LAKES. IN 2024 AS PART OF THE NATURE PHASE, THE CONSERVANCY CREATED A $1M HUMMOCK AND HOLLOW WETLAND, WHICH IS CONTRIBUTING TO CARBON SEQUESTRATION AND INCREASED BIODIVERSITY. THE CONSERVANCY CONTINUED TO WORK WITH THE DESIGN TEAM ON OTHER PROJECTS IN THE NATURE PHASE, DEVELOPING THE SITE DESIGNS AND COORDINATING WITH REGULATORY AGENCIES TO STREAMLINE PERMITTING AND APPROVALS IN THE COMING YEAR.WEST FAIRMOUNT PARK: THE CONSERVANCY CONTINUED TO ENGAGE COMMUNITY MEMBERS IN THE CENTENNIAL DISTRICT LANDSCAPE IN 2024 THROUGH TWO COMMUNITY OUTREACH EVENTS FOR THE WELSH FOUNTAIN GARDENS PROJECT, WHICH WILL BE A SIGNIFICANT GATEWAY INTO WEST FAIRMOUNT PARK. THIS PROJECT WILL RETURN THE WELSH FOUNTAIN TO ITS FORMER GLORY AND CREATE FOUR GARDENS SURROUNDING THE FOUNTAIN THAT WILL OFFER AREAS FOR ACTIVE PLAY AND PASSIVE ENJOYMENT OF THE PARK. THE DESIGN TEAM FOR THE WELSH FOUNTAIN GARDENS COMPLETED THE DESIGN DEVELOPMENT PHASE, ADVANCING THE PROJECT DESIGN TO INCORPORATE COMMUNITY FEEDBACK, INCLUDING: INTERACTIVE WATER/PLAY FEATURES FOR FAMILIES, INTERGENERATIONAL SPACES, ARTWORK, AND TEMPORARY ACTIVATION AND EVENT SPACE. BOATHOUSE ROW LIGHTS: IN MARCH OF 2024, THE CONSERVANCY AND PARKS & REC HOSTED THE OFFICIAL BOATHOUSE ROW RELIGHTING CEREMONY. THE $2.1 MILLION PROJECT COMPLETELY REPLACED THE OUTDATED, FAILING LIGHTING SYSTEM, WHICH STRUGGLED WITH SIGNIFICANT CONNECTIVITY CHALLENGES, REGULAR POWER OUTAGES, AND MOUNTING ISSUES. MODERNIZING THE SYSTEM WITH NEW LED LIGHTS AND DURABLE HOUSING BOXES TO PROTECT IT FROM WEATHER AND WILDLIFE NOT ONLY RESTORED THE ROW'S ENCHANTING AMBIANCE, BUT HAS ALSO CREATED EXCITING OPPORTUNITIES FOR SUSTAINABLE MAINTENANCE THROUGH REVENUE-GENERATING LIGHTING PARTNERSHIPS.
Expenses $22,286,652 · Revenue $1,350,121
-
THE CONSERVANCY LEADS PROGRAMMING THAT SEEKS TO EMPOWER, EDUCATE AND CONNECT PHILADELPHIA CITIZENS AND PUBLIC SPACE PARTNERS TO CIVIC ASSETS THROUGH VOLUNTEERING, PUBLIC PROGRAMS, AND STEWARDSHIP. IN 2024, THE CONSERVANCY STAFF LED OVER 4,800 VOLUNTEERS IN STEWARDSHIP EFFORTS IN PARKS IN THE CONSERVANCY'S KEY GEOGRAPHIES AND HOSTED 150 PUBLIC PROGRAMS THAT DREW OVER 18,800 ATTENDEES. IN 2024, THE CONSERVANCY, IN PARTNERSHIP WITH PARKS & REC AND A COALITION OF PARTNERS, BEGAN IMPLEMENTATION OF THE PHILLY TREE PLAN, A CITY-WIDE INITIATIVE TO EQUITABLY GROW THE URBAN TREE CANOPY. THROUGH THE PROGRAM, THE CONSERVANCY PLANTED AND DISTRIBUTED 1,050 TREES TO COMMUNITIES IN 2024.
Expenses $1,601,048 · Grants $43,034 · Revenue $98,187
-
THE LAND CARE PROGRAM REPRESENTS THE CONSERVANCY'S INVESTMENT IN RESTORING, MAINTAINING AND MANAGING HUNDREDS OF ACRES PARK ACRES ON AN ANNUAL BASIS. THE LAND CARE TEAM HAS BEEN CONDUCTING REFORESTATION TREE PLANTINGS AND MANAGING INVASIVE SPECIES AT 24 SITES ACROSS COBBS CREEK, WEST FAIRMOUNT PARK, EAST FAIRMOUNT PARK, AND FDR PARK. THE TEAM ALSO CONTINUED TO STRENGTHEN ITS PARTNERSHIP WITH POWERCORPSPHL, PROVIDING TRAINING AND EDUCATION OPPORTUNITIES ON NATURAL LANDS STEWARDSHIP, TREE CARE, AND URBAN FORESTRY PRACTICES.IN TOTAL, THE LAND CARE TEAM PLANTED OVER 2,200 TREES AND 1,400 SHRUBS IN 2024.
Expenses $432,095
As filed on the 2024 return. The filer continues this part on Schedule O, which is not shown here.
Listed in Part VII
-
CAROL S EICHER
CHAIR AND PRESIDENT
- Total calculated
- $0
- Hours/week
- 5
-
CAROL HORNE PENN
VICE PRESIDENT & DIRECTOR
- Total calculated
- $0
- Hours/week
- 5
-
JOSEPH M MANKO
VICE PRESIDENT & DIRECTOR
- Total calculated
- $0
- Hours/week
- 5
-
MAX BERGER
TREASURER & DIRECTOR
- Total calculated
- $0
- Hours/week
- 5
-
MARY COE
SECRETARY & DIRECTOR
- Total calculated
- $0
- Hours/week
- 5
-
JOHN K BINSWANGER
DIRECTOR AT LARGE FOR LIFE
- Total calculated
- $0
- Hours/week
- 5
-
CONNOR BARWIN
DIRECTOR
- Total calculated
- $0
- Hours/week
- 5
-
HONORABLE CINDY BASS
DIRECTOR (THRU 3/13/24)
- Total calculated
- $0
- Hours/week
- 5
-
ILENE BURAK
DIRECTOR
- Total calculated
- $0
- Hours/week
- 5
-
MARK CELONI
DIRECTOR
- Total calculated
- $0
- Hours/week
- 5
-
AMY DERSTINE
DIRECTOR
- Total calculated
- $0
- Hours/week
- 5
-
JOHN GATTUSO
DIRECTOR
- Total calculated
- $0
- Hours/week
- 5
-
HONORABLE JAMIE R GAUTHIER
DIRECTOR (EFF 3/13/24)
- Total calculated
- $0
- Hours/week
- 5
-
SURGE GHOSH
DIRECTOR
- Total calculated
- $0
- Hours/week
- 5
-
BRIDGET GLAZIK
DIRECTOR
- Total calculated
- $0
- Hours/week
- 5
-
PREMA KATARI GUPTA
DIRECTOR
- Total calculated
- $0
- Hours/week
- 5
-
HONORABLE CURTIS JONES
DIRECTOR (THRU 3/13/24)
- Total calculated
- $0
- Hours/week
- 5
-
JOHN KELLY
DIRECTOR
- Total calculated
- $0
- Hours/week
- 5
-
OBRA KERNODLE
DIRECTOR (EFF 5/3/24)
- Total calculated
- $0
- Hours/week
- 5
-
JONATHAN KETZNER
DIRECTOR
- Total calculated
- $0
- Hours/week
- 5
-
RICHARD LAZER
DIRECTOR
- Total calculated
- $0
- Hours/week
- 5
-
JOHN LEVITTIES
DIRECTOR
- Total calculated
- $0
- Hours/week
- 5
-
MATTHEW MCCLURE
DIRECTOR (EFF 5/3/24)
- Total calculated
- $0
- Hours/week
- 5
-
DEB MCLOUGHLIN
DIRECTOR
- Total calculated
- $0
- Hours/week
- 5
-
BRETT NEDELKOFF
DIRECTOR (EFF 3/27/24)
- Total calculated
- $0
- Hours/week
- 5
-
HONORABLE ANTHONY PHILLIPS
DIRECTOR (EFF 3/13/24)
- Total calculated
- $0
- Hours/week
- 5
-
SUSAN SLAWSON
DIRECTOR (EFF 3/13/24)
- Total calculated
- $0
- Hours/week
- 5
-
HESHAN WANIGASEKERA
DIRECTOR
- Total calculated
- $0
- Hours/week
- 5
-
SANDRA W WECKESSER
DIRECTOR
- Total calculated
- $0
- Hours/week
- 5
-
MAURA MCCARTHY
CEO (THRU 10/31/24)
- Total calculated
- $248,063
- From this org
- $235,486
- From related orgs
- $0
- Other
- $12,577
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $217,854
- Bonus
- $0
- Other
- $17,632
- Deferred
- $8,399
- Nontaxable benefits
- $4,178
- Filer's total
- $248,063
-
MARK WASSERMAN
CFO (THRU 5/17/24)
- Total calculated
- $125,319
- From this org
- $89,346
- From related orgs
- $0
- Other
- $35,973
- Hours/week
- 40
-
TIM CLAIR
INTERIM CEO
- Total calculated
- $104,651
- From this org
- $104,651
- From related orgs
- $0
- Other
- $0
- Hours/week
- 40
-
ALLISON SCHAPKER
CHIEF PROJECTS OFFICER
- Total calculated
- $213,413
- From this org
- $198,546
- From related orgs
- $0
- Other
- $14,867
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $198,546
- Bonus
- $0
- Other
- $0
- Deferred
- $6,711
- Nontaxable benefits
- $8,156
- Filer's total
- $213,413
-
MARGARET HOLSCHER
CHIEF DEVELOPMENT OFFICER
- Total calculated
- $173,627
- From this org
- $141,517
- From related orgs
- $0
- Other
- $32,110
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $141,517
- Bonus
- $0
- Other
- $0
- Deferred
- $5,946
- Nontaxable benefits
- $26,164
- Filer's total
- $173,627
-
TARA RASHEED
SENIOR DIRECTOR OF CAPITAL PROJECTS
- Total calculated
- $156,485
- From this org
- $119,891
- From related orgs
- $0
- Other
- $36,594
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $119,891
- Bonus
- $0
- Other
- $0
- Deferred
- $5,172
- Nontaxable benefits
- $31,422
- Filer's total
- $156,485
-
KEVIN ROCHE
CHIEF OF STAFF
- Total calculated
- $153,893
- From this org
- $146,820
- From related orgs
- $0
- Other
- $7,073
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $146,820
- Bonus
- $0
- Other
- $0
- Deferred
- $5,873
- Nontaxable benefits
- $1,200
- Filer's total
- $153,893
-
SARAH PETERSON
DIRECTOR OF COMMUNICATIONS
- Total calculated
- $121,174
- From this org
- $109,473
- From related orgs
- $0
- Other
- $11,701
- 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 2025. 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
-
$17,000
PHILLY HOLIDAY TREE
-
TWO NEW PARK SIGNS
Provenance
- Return type
- form_990
- Tax year
- 2024
- Filed
- 3 October 2025
- IRS schema version
- 2024v5.2
- Source object
- 202543019349301424
Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.
The source document this was parsed from is served over the API, which is where bulk and document access live.