Skip to content
Nonprofiteer
← PETALUMA RIVER PARK FOUNDATION INC

Form 990 for tax year 2024

Filed by PETALUMA RIVER PARK FOUNDATION INC.

Totals

Total revenue
$4,071,125
Total expenses
$1,527,497
Contributions and grants received
$3,307,719
Grants paid
$0
Program service revenue
$702,613
Investment income
$60,793
Other revenue
$0
Total assets, end of year
$12,597,362
Total liabilities, end of year
$138,347
Net assets or fund balances, end of year
$12,459,015
Program services expenses (Part IX)
$708,994
Management and general expenses
$519,813
Fundraising expenses
$298,690
Program service expenses (Part III)
$708,994

Program services were 46.4% 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)

    $6,000

  • 1f · All other contributions, gifts and grants

    $3,301,719

  • 1g · Noncash contributions included above

    $15,803

  • 2a · Program service revenue: CONTRACT REVENUE

    total $702,613 · related or exempt $702,613

  • 3 · Investment income

    total $60,793 · excluded $60,793

Functional expenses

Part IX, the statement of functional expenses.

  • 5 · Compensation of officers, directors and key employees

    total $322,889 · program services $97,266 · management and general $106,305 · fundraising $119,318

  • 7 · Other salaries and wages

    total $222,583 · program services $67,050 · management and general $73,281 · fundraising $82,252

  • 9 · Other employee benefits

    total $50,840 · program services $15,315 · management and general $16,738 · fundraising $18,787

  • 10 · Payroll taxes

    total $43,279 · program services $13,037 · management and general $14,249 · fundraising $15,993

  • 11b · Fees: legal

    total $4,037 · program services $2,917 · management and general $875 · fundraising $245

  • 11c · Fees: accounting

    total $67,504 · program services $48,778 · management and general $14,627 · fundraising $4,099

  • 11g · Fees: other

    total $380,826 · program services $275,183 · management and general $82,521 · fundraising $23,122

  • 12 · Advertising and promotion

    total $102,664 · program services $70,426 · management and general $3,218 · fundraising $29,020

  • 13 · Office expenses

    total $24,550 · program services $7,666 · management and general $14,960 · fundraising $1,924

  • 14 · Information technology

    total $23,749 · program services $6,969 · management and general $12,924 · fundraising $3,856

  • 16 · Occupancy

    total $152,474 · program services $10,082 · management and general $142,392

  • 17 · Travel

    total $17,690 · program services $8,337 · management and general $9,279 · fundraising $74

  • 22 · Depreciation, depletion and amortization

    total $4,497 · program services $4,497

  • 23 · Insurance

    total $10,188 · program services $1,679 · management and general $8,509

  • 24a · Other expenses: REPAIRS AND MAINTENANCE

    total $99,727 · program services $79,792 · management and general $19,935

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $221,132 · end of year $327,478

  • 2 · Savings and temporary cash investments

    beginning of year $8,066,274 · end of year $535,729

  • 3 · Pledges and grants receivable

    beginning of year $10,000 · end of year $614,600

  • 4 · Accounts receivable

    beginning of year $105,915 · end of year $533,929

  • 9 · Prepaid expenses and deferred charges

    beginning of year $17,234 · end of year $143,383

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

    $10,387,505

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

    $4,497

  • 10c · Land, buildings and equipment, net

    beginning of year $1,540,839 · end of year $10,383,008

  • 15 · Other assets

    beginning of year $100,000 · end of year $59,235

  • 17 · Accounts payable and accrued expenses

    beginning of year $146,007 · end of year $126,035

  • 25 · Other liabilities

    beginning of year $0 · end of year $12,312

  • 27 · Net assets without donor restrictions

    beginning of year $1,898,232 · end of year $11,844,956

  • 28 · Net assets with donor restrictions

    beginning of year $8,017,155 · end of year $614,059

Mission and programs · 2024

Mission

THE MISSION OF THE PETALUMA RIVER PARK FOUNDATION IS TO MEET OUR VITAL NEED FOR SHARED SPACE THAT CONNECTS PEOPLE, ART, AND NATURE. WE ENVISION A VIBRANT, WELCOMING PARK THAT FOSTERS A LOVE FOR NATURE, SPARKS CREATIVITY, AND UNIFIES OUR COMMUNITY FOR GENERATIONS TO COME.

Activities or mission (Part I)

TO MEET OUR VITAL NEED FOR SHARED SPACE THAT CONNECTS PEOPLE, ART, AND NATURE.

  • IN 2024, THE PETALUMA RIVER PARK FOUNDATION MADE MAJOR STRIDES TOWARD REALIZING ITS VISION OF A 35-ACRE URBAN PARK THAT PROMOTES EQUITY, ECOLOGICAL RESILIENCE, AND COMMUNITY HEALTH. WITH SUPPORT FROM DONORS AND PUBLIC AGENCIES, THE FOUNDATION ACQUIRED THE PIVOTAL 500 HOPPER STREET PROPERTY, EXPANDING THE PARK'S FOOTPRINT AND ENABLING GREATER ACCESS BETWEEN EAST AND WEST PETALUMA (OPEN FOR GUIDED TOURS). OVER 1,200 RESIDENTS PARTICIPATED IN A COMMUNITY-LED CONCEPT PLANNING PROCESS, INCLUDING AN INNOVATIVE COMMUNITY PARK DESIGNERS PROGRAM AND ARTIST-LED WORKSHOPS THAT ELEVATED MARGINALIZED VOICES. THE FOUNDATION MAINTAINED THE PARK, CONTINUED PUBLIC PROGRAMMING, COMPLETED CRITICAL INFRASTRUCTURE IMPROVEMENTS SUCH AS A SHADED GATHERING AREA, AND LAUNCHED ITS STRATEGIC CAPITAL CAMPAIGN PLANNING. STRONG PARTNERSHIPS WERE CULTIVATED WITH THE CITY OF PETALUMA, PUBLIC AGENCIES, AND REGIONAL NONPROFITS, REINFORCING THE FOUNDATION'S ROLE AS A LEADER IN INCLUSIVE, NATURE-BASED PLACEMAKING.

    Expenses $708,994 · Revenue $702,613

As filed on the 2024 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • David Duskin

    PRESIDENT/CHAIR

    Total calculated
    $0
    Hours/week
    10

  • Deborah Smith

    VICE CHAIR

    Total calculated
    $0
    Hours/week
    5

  • Jorge Servin

    TREASURER

    Total calculated
    $0
    Hours/week
    1

  • Sean Paul Lorentz

    SECRETARY

    Total calculated
    $0
    Hours/week
    5

  • Ana Cordova Belik

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    2

  • Eliza Hooshiar

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • Ray Fort

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • Stephanie Blake

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • Susan Rockrise

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • Ned Foley

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • Tatiana Mora-Liautaud

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • Seair Lorentz

    EXECUTIVE DIRECTOR

    Total calculated
    $188,339
    From this org
    $172,557
    From related orgs
    $0
    Other
    $15,782
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $172,557
    Bonus
    $0
    Other
    $0
    Deferred
    $0
    Nontaxable benefits
    $15,782
    Filer's total
    $188,339

  • Marge Limbert

    DEVELOPMENT DIRECTOR

    Total calculated
    $134,550
    From this org
    $134,550
    From related orgs
    $0
    Other
    $0
    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 · Compensation survey or study
  • 3 · Approval by the board or compensation committee

Answered no

  • 4a · Severance or change-of-control payment
  • 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

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
2024
Filed
14 November 2025
IRS schema version
2024v5.2
Source object
202503189349315745

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.