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Nonprofit · EIN 82-3513537

MCKINNEY PARKS FOUNDATION

Tax-exempt · MCKINNEY, TX 75069

Financials

$104K$42K2023$209K$147K2024
Revenue Expenses · by fiscal year end
Financials of MCKINNEY PARKS FOUNDATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$208,885$147,124$61,761$126,842$0$126,842
December 31, 2023990-EZ$104,455$42,226$62,229$64,766$0$64,766
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$208,885
Program service revenue
$0
Investment income
$0
Other revenue
$0

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$0
Salaries, compensation and benefits (total)
$0
Professional fundraising fees
$0
Accounting fees
$85
Program services (functional)
$146,759
Management and general (functional)
$365

Balance sheet and other

Total assets, start of year
$64,766
Total assets, end of year
$126,842
Total liabilities, end of year
$0
Net assets, end of year
$126,842
Gross receipts
$208,885
Employees
0
Volunteers
250
Year formed
2021
State of legal domicile
TX

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended December 31, 2024, highest compensation first.

NameTitleHours / weekCompensation
RICHARD MORENOPRESIDENT
Trustee or director, Officer
5$0
GREG SMITHVICE PRESIDENT
Trustee or director, Officer
0.5$0
EMILY CHAOTREASURER
Trustee or director, Officer
0.5$0
KEVIN KORENTHALSECRETARY
Trustee or director, Officer
0.5$0
BRUCE MEADAT LARGE
Trustee or director
8$0
ANDREW LOWESAT LARGE
Trustee or director
0.5$0
ANDREW HUDSONAT LARGE
Trustee or director
0.5$0
LANE MANTZYCOMMS
Trustee or director
1$0
MARY ABERCROMBIEAT LARGE
Trustee or director
0.5$0
990-EZ for the year ended December 31, 2023: 8 people
NameTitleHours / weekCompensation
Richard MorenoPresident2$0
Greg SmithVice President2$0
Andrew HudsonTreasurer2$0
Kevin KorenthalSecretary2$0
Emily ChaoAssistant Treasurer2$0
Mary AbercrombieCommunications2$0
Bruce MeadBoard Member2$0
Andrew LowesBoard Member2$0

Address and contacts

Address (IRS master file)
1004 N KENTUCKY ST UNIT C, MCKINNEY, TX 75069-2614
In care of
% RICHARD MORENO
Mailing address (990-N for 2022)
1004 N Kentucky StUnit C, McKinney TX 75069
Principal officer (990 for 2024)
RICK MORENO, 1004 N KENTUCKY ST SUITE C, MCKINNEY, TX 75069
Principal officer (990-N for 2022)
Richard Moreno, 1004 N Kentucky St, Unit C, McKinney TX 75069
Signed the 990
RICK MORENO, PRESIDENT
Phone
(972) 658-5101
Return prepared by
BRUCE E BERNSTIEN & ASSOCIATES

Mission

To partner with the city of McKinney to enhance beautification and maintainance of parks and open spaces. promote community involvement, and provide education about our city's natural environment.

990 for the year ended December 31, 2024

Program accomplishments

  • Trail development and maintanance; East McKinney Learning Garden; Purchasing plants and trees
    Expenses $146,759

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990-EZ on file

IRS record

EIN
82-3513537
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (509(a)(2))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
2021
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$126,842
Income (IRS master file)
$208,885

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$208,885$147,124$126,842XML
990-EZDecember 2023$104,455$42,226$64,766XML
990-N for 2022
Officer: Richard Moreno
December 31, 2022≤ $50,000 receipts––e-Postcard
990-EZDecember 2021–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 82-3513537).

Questions about MCKINNEY PARKS FOUNDATION

What is the EIN of MCKINNEY PARKS FOUNDATION?
The employer identification number (EIN) of MCKINNEY PARKS FOUNDATION is 82-3513537.
Is MCKINNEY PARKS FOUNDATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2021.
Are donations to MCKINNEY PARKS FOUNDATION tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does MCKINNEY PARKS FOUNDATION file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of MCKINNEY PARKS FOUNDATION due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did MCKINNEY PARKS FOUNDATION last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2024.
Who is the principal officer of MCKINNEY PARKS FOUNDATION?
The 990 for the year ended December 31, 2024 names RICK MORENO.
Who are the officers and directors of MCKINNEY PARKS FOUNDATION?
The 990 for the year ended December 31, 2024 lists 9 people; 0 received compensation from the organization.
How much revenue does MCKINNEY PARKS FOUNDATION have?
On its 990 for the year ended December 31, 2024 it reported revenue of $208,885, expenses of $147,124 and total assets of $126,842 at year end.

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