Friends of Heritage Park & Gardens Inc is a 501(c)(3) organization based in Live Oak, Florida, registered in 2012, with $168,431 in FY2024 revenue. CharityIndex grades it B.
Revenue (FY2024)
$168K
▼ 27.8% vs prior year
Recreation median: $129K
Expenses (FY2024)
$126K
Net assets
$356K
Employees
—
Rated on 2 of 4 criteria — the rest aren't reported in this filing type.
Held down by its weakest criterion — a strong score on one criterion can't hide a weak one.
How the rating works →Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for Friends of Heritage Park & Gardens Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Friends of Heritage Park & Gardens Inc: 34 mo reserves · +25% margin earns a A on this criterion. See the exact thresholds →
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for Friends of Heritage Park & Gardens Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Friends of Heritage Park & Gardens Inc: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Revenue grew from $159K (FY2014) to $168K (FY2024) across 11 reported years.
Financial snapshot
Operating margin
24.9%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$396K
Total liabilities
$40K
Net assets
$356K
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $168,431▼27.8% | $126,482▲28.7% | $356,039▲13.2% | $396,415▲14.6% | 990 |
| 2023 | $233,217▲72.6% | $98,264▼20.9% | $314,430▲75.2% | $345,914▲66.2% | 990 |
| 2022 | $135,117▲81.9% | $124,193▲44.1% | $179,477▲6.5% | $208,134▲12.1% | 990 |
| 2021 | $74,296▲70.0% | $86,199▲102% | $168,553▼6.6% | $185,723▼3.4% | 990 |
| 2020 | $43,704▼63.8% | $42,610▼48.6% | $180,456▲0.6% | $192,222▲5.6% | 990 |
| 2019 | $120,586▲14.3% | $82,973▼29.7% | $179,362▲26.5% | $181,967▲28.4% | 990 |
| 2018 | $105,463▲8.2% | $118,109▲59.2% | $141,749▼8.2% | $141,749▼9.0% | 990 |
| 2017 | $97,453▲28.7% | $74,197▲22.8% | $154,395▲17.1% | $155,756▲16.8% | 990 |
| 2016 | $75,693▼8.6% | $60,403▼30.9% | $131,856▲13.1% | $133,367▲10.5% | 990 |
| 2015 | $82,811▼47.8% | $87,390▲33.9% | $116,566▼3.8% | $120,727▼5.7% | 990 |
| 2014 | $158,622 | $65,257 | $121,145 | $127,981 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
1 grant to Friends of Heritage Park & Gardens Inc totaling $10K, reported by foundations on their Schedule I filings.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| The Community Foundation For Northeast Florida Inc | To construct the j. don allen cultural center | 2023 | $10,000 |
Explore more
Data for Friends of Heritage Park & Gardens Inc (EIN 45-3563691) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.