Skip to content
Nonprofiteer
← FRIENDS OF OCONOMOWOC PARKS AND TRAILS INC

Form 990 for tax year 2024

Filed by FRIENDS OF OCONOMOWOC PARKS AND TRAILS INC.

Totals

Total revenue
$470,833
Total expenses
$712,260
Contributions and grants received
$456,816
Grants paid
$704,148
Program service revenue
$4,017
Investment income
$10,000
Other revenue
$0
Total assets, end of year
$147,437
Total liabilities, end of year
$0
Net assets or fund balances, end of year
$147,437
Program services expenses (Part IX)
$711,368
Management and general expenses
$892
Fundraising expenses
$0
Program service expenses (Part III)
$711,368

Program services were 99.9% 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

    $456,816

  • 2a · Program service revenue: ADMIN FEES

    total $4,017 · related or exempt $4,017

  • 3 · Investment income

    total $10,000 · related or exempt $10,000

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $704,148 · program services $704,148

  • 11c · Fees: accounting

    total $2,000 · program services $2,000

  • 12 · Advertising and promotion

    total $574 · program services $574

  • 23 · Insurance

    total $473 · management and general $473

  • 24a · Other expenses: ADMIN FEES EXPENSE

    total $4,017 · program services $4,017

  • 24b · Other expenses: DUES & SUBSCRIPTIONS

    total $450 · program services $450

  • 24c · Other expenses: BANK FEES

    total $419 · management and general $419

  • 24d · Other expenses: LICENSES & FEES

    total $179 · program services $179

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $388,864 · end of year $147,437

  • 27 · Net assets without donor restrictions

    beginning of year $12,621 · end of year $27,138

  • 28 · Net assets with donor restrictions

    beginning of year $376,243 · end of year $120,299

Mission and programs · 2024

Mission

THE ORGANIZATION WORKS IN PARTNERSHIP WITH THE CITY OF OCONOMOWOC AND SURROUNDING MUNICIPALITIES TO CONSERVE, PROTECT, IMPROVE AND ENHANCE AREA PARKS AND TRAILS TO BENEFIT THE GENERAL PUBLIC. IT SUPPORTS OPPORTUNITIES TO EDUCATE THE PUBLIC ABOUT THESE RESOURCES AND SERVES AS A CHARTIABLE CONDUIT TO PROVIDE FINANCIAL SUPPORT AND HELP TO CARRY OUT THE WORK OF LOCAL ORGANIZATIONS.

  • SECURED FUNDS FOR THE DEVELOPMENT OF NEW ROCKWELL PARK IN THE CITY OF OCONOMOWOC

    Expenses $659,891 · Grants $659,891

  • SECURED FUNDS FOR NEW PICKLE BALL COURTS IN THE CITY OF OCONOMOWOC

    Expenses $40,896 · Grants $40,896

  • SECURED FUNDS FOR NEW DOG PARK, BIKE RACKS AND KAYAK HOLDER FOR PARKS WITHIN THE CITY OF OCONOMOWOC AS WELL AS GENERAL FUNDRAISING FOR EDUCATIONAL AND MAINTENANCE SUPPORT FOR PARKS IN THE CITY.

    Expenses $10,581 · Grants $3,361

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

Listed in Part VII

  • Terry Kaldhusdal

    PRESIDENT

    Total calculated
    $0
    Hours/week
    2

  • Lisa Ridolfi

    VICE PRESIDE

    Total calculated
    $0
    Hours/week
    1

  • Katie Miller

    SECRETARY

    Total calculated
    $0
    Hours/week
    2

  • Gina Markson Magnus

    TREASURER

    Total calculated
    $0
    Hours/week
    10

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

  • CITY OF OCONOMOWOC CITY OF OCONOMOWOC

    $659,891

    ROCKWELL PARK

  • CITY OF OCONOMOWOC CITY OF OCONOMOWOC

    $40,896

    NEW PICKLEBALL COURT

Provenance

Return type
form_990
Tax year
2024
Filed
11 February 2025
IRS schema version
2024v5.0
Source object
202540569349301629

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.