Form 990 for tax year 2022

Revenue

Part VIII, the statement of revenue.

• 1e · Government grants (contributions)

  $16,280,304

• 1f · All other contributions, gifts and grants

  $118,178,168

• 1g · Noncash contributions included above

  $7,551,083

• 3 · Investment income

  total $9,087,300 · excluded $9,087,300

• 4 · Income from investment of tax-exempt bond proceeds

  total $0

• 5 · Royalties

  total $1,461,349 · excluded $1,461,349

• 6c · Rental income or loss

  real property $0 · personal property $0

• 6d · Net rental income or loss

  total $0

• 7a · Gross sales of assets other than inventory

  securities $808,894

• 7b · Less cost or other basis and sales expenses

  securities $532,747 · other assets $59,675

• 7c · Gain or loss

  securities $276,147 · other assets -$59,675

• 7d · Net gain or loss

  total $216,472 · excluded $216,472

• 8a · Fundraising events: gross income

  $0

• 8b · Fundraising events: direct expenses

  $0

• 8c · Net income from fundraising events

  total $0

• 9a · Gaming: gross income

  $0

• 9b · Gaming: direct expenses

  $0

• 9c · Net income from gaming

  total $0

• 10a · Gross sales of inventory

  $0

• 10b · Cost of goods sold

  $0

• 10c · Net income from sales of inventory

  total $0

• 11a · Other revenue: LITIGATION SETTLEMENT

  total $6,327,857 · excluded $6,327,857

• 11b · Other revenue: MISCELLANEOUS

  total $33,057 · excluded $33,057

• 11e · Other revenue, total

  $6,360,914

Functional expenses

Part IX, the statement of functional expenses.

• 1 · Grants to domestic organizations and governments

  total $70,844,251 · program services $70,844,251

• 2 · Grants to domestic individuals

  total $0 · program services $0

• 3 · Grants to foreign organizations and individuals

  total $0

• 4 · Benefits paid to or for members

  total $0

• 5 · Compensation of officers, directors and key employees

  total $2,989,798 · program services $305,160 · management and general $1,855,843 · fundraising $828,795

• 6 · Compensation of disqualified persons

  total $0

• 7 · Other salaries and wages

  total $11,352,619 · program services $3,695,191 · management and general $1,203,561 · fundraising $6,453,867

• 8 · Pension plan contributions

  total $431,012 · program services $120,217 · management and general $91,940 · fundraising $218,855

• 9 · Other employee benefits

  total $1,428,312 · program services $398,381 · management and general $304,676 · fundraising $725,255

• 10 · Payroll taxes

  total $990,991 · program services $276,405 · management and general $211,390 · fundraising $503,196

• 11a · Fees: management

  total $0

• 11b · Fees: legal

  total $213,232 · program services $101,220 · management and general $102,522 · fundraising $9,490

• 11c · Fees: accounting

  total $134,292 · management and general $134,292

• 11d · Fees: lobbying

  total $90,507 · program services $90,507

• 11e · Fees: professional fundraising services

  total $196,367 · fundraising $196,367

• 11f · Fees: investment management

  total $176,450 · management and general $176,450

• 11g · Fees: other

  total $6,087,887 · program services $3,591,080 · management and general $1,192,947 · fundraising $1,303,860

• 12 · Advertising and promotion

  total $3,258,692 · program services $886,958 · management and general $2,265,753 · fundraising $105,981

• 13 · Office expenses

  total $1,481,685 · program services $131,075 · management and general $419,701 · fundraising $930,909

• 14 · Information technology

  total $1,289,567 · program services $158,317 · management and general $625,541 · fundraising $505,709

• 15 · Royalties

  total $0

• 16 · Occupancy

  total $1,479,932 · program services $512,653 · management and general $14,035 · fundraising $953,244

• 17 · Travel

  total $694,197 · program services $212,518 · management and general $212,443 · fundraising $269,236

• 18 · Travel or entertainment for public officials

  total $0

• 19 · Conferences, conventions and meetings

  total $396,934 · program services $285,474 · management and general $69,731 · fundraising $41,729

• 20 · Interest

  total $52,226 · program services $46,800 · management and general $5,426

• 21 · Payments to affiliates

  total $0

• 22 · Depreciation, depletion and amortization

  total $1,153,934 · program services $365,090 · management and general $788,844

• 23 · Insurance

  total $129,498 · management and general $129,498

• 24a · Other expenses: DIRECT MAIL EXPENSE

  total $11,289,280 · program services $1,295,280 · management and general $43,298 · fundraising $9,950,702

• 24b · Other expenses: EVENT EXPENSES

  total $2,322,570 · program services $1,925,475 · management and general $193,386 · fundraising $203,709

• 24c · Other expenses: BAD DEBT EXPENSES

  total $1,449,252 · program services $1,004,398 · management and general $444,854

• 24d · Other expenses: TEMPORARY HELP

  total $522,361 · program services $160,500 · management and general $355,343 · fundraising $6,518

• 26 · Joint costs (an allocation of the lines above)

  total $4,225,203 · program services $1,295,280 · management and general $43,298 · fundraising $2,886,625

Balance sheet

Part X, book values.

• 1 · Cash, non-interest-bearing

  beginning of year $700 · end of year $700

• 2 · Savings and temporary cash investments

  beginning of year $44,902,495 · end of year $22,154,473

• 3 · Pledges and grants receivable

  beginning of year $74,869,875 · end of year $70,155,711

• 4 · Accounts receivable

  beginning of year $175,241 · end of year $91,388

• 5 · Loans and receivables from officers and key people

  beginning of year $0 · end of year $0

• 6 · Loans and receivables from disqualified persons

  beginning of year $0 · end of year $0

• 7 · Other notes and loans receivable

  beginning of year $500,000 · end of year $0

• 8 · Inventories for sale or use

  beginning of year $0 · end of year $0

• 9 · Prepaid expenses and deferred charges

  beginning of year $499,437 · end of year $746,166

• 10a · Land, buildings and equipment: cost or other basis

  $8,582,977

• 10b · Land, buildings and equipment: accumulated depreciation

  $4,905,150

• 10c · Land, buildings and equipment, net

  beginning of year $4,602,171 · end of year $3,677,827

• 11 · Investments: publicly traded securities

  beginning of year $227,610,682 · end of year $313,721,632

• 12 · Investments: other securities

  beginning of year $0 · end of year $0

• 13 · Investments: program-related

  beginning of year $0 · end of year $0

• 14 · Intangible assets

  beginning of year $0 · end of year $0

• 15 · Other assets

  beginning of year $11,347 · end of year $4,207,096

• 17 · Accounts payable and accrued expenses

  beginning of year $3,557,152 · end of year $5,587,129

• 18 · Grants payable

  beginning of year $2,876,958 · end of year $9,527,943

• 19 · Deferred revenue

  beginning of year $0 · end of year $0

• 20 · Tax-exempt bond liabilities

  beginning of year $0 · end of year $0

• 21 · Escrow or custodial account liability

  beginning of year $11,347 · end of year $11,939

• 22 · Loans and payables to officers and key people

  beginning of year $0 · end of year $0

• 23 · Secured mortgages and notes payable

  beginning of year $0 · end of year $0

• 24 · Unsecured notes and loans payable

  beginning of year $9,600,000 · end of year $4,800,000

• 25 · Other liabilities

  beginning of year $16,744,336 · end of year $24,561,714

• 27 · Net assets without donor restrictions

  beginning of year $65,052,000 · end of year $66,240,464

• 28 · Net assets with donor restrictions

  beginning of year $255,330,155 · end of year $304,025,804

The filer's explanations (Part III)

SCHEDULE J, PART I, LINE 1A:

WILLIAM SHAFROTH (PRESIDENT AND CEO) IS PERMITTED PER CONTRACTUAL AGREEMENT TO TRAVEL FIRST CLASS FOR AIR TRAVEL LASTING 2 HOURS OR LONGER. ALL EXPENSES ARE SUBJECT TO THE FOUNDATION'S TRAVEL AND EXPENSE POLICY. THESE AMOUNTS ARE NOT TREATED AS TAXABLE COMPENSATION.

SCHEDULE J, PART I, LINE 4B:

THE FOUNDATION HAS ESTABLISHED A SECTION 457 (F) PLAN FOR WILLIAM GILBERT SHAFROTH, PRESIDENT AND CEO. THE AMOUNT ACCRUED UNDER THE PLAN WAS $251,881 AS OF SEPTEMBER 30, 2023.

Disregarded entities

Part I: entities that legally are the filer and file no return of their own.

• NPF SCHOODIC WOODS LLC

  SEE PART VII · DC · income $0 · assets $0

  Directly controlled by NAT PARK FDN