I-park Foundation Inc is a 501(c)(3) organization based in East Haddam, Connecticut, registered in 2011, with $627,483 in FY2024 revenue. CharityIndex grades it B.
Revenue (FY2024)
$627K
▲ 26.0% vs prior year
Arts & Culture median: $159K
Expenses (FY2024)
$427K
Net assets
$837K
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 I-park Foundation 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 I-park Foundation Inc: 24 mo reserves · +32% 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 I-park Foundation 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 I-park Foundation Inc: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Revenue grew from $345K (FY2013) to $627K (FY2024) across 12 reported years.
Financial snapshot
Operating margin
32.0%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$1.0M
Total liabilities
$201K
Net assets
$837K
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $627,483▲26.0% | $426,579▼18.0% | $837,333▲35.9% | $1,038,013▲25.0% | 990 |
| 2023 | $497,869▲19.4% | $520,245▲47.3% | $615,933▲2.6% | $830,239▲8.1% | 990 |
| 2022 | $416,966▼25.0% | $353,195▼11.0% | $600,087▲1.0% | $767,803▼1.4% | 990 |
| 2021 | $555,605▲133% | $396,867▲56.8% | $594,293▲56.2% | $778,826▲22.8% | 990 |
| 2020 | $238,161▼62.2% | $253,049▼20.5% | $380,479▼3.8% | $634,406▲27.3% | 990 |
| 2019 | $630,590▲59.4% | $318,265▼8.5% | $395,367▲376% | $498,514▲124% | 990 |
| 2018 | $395,589▲4.9% | $347,992▼6.3% | $83,042▲134% | $222,634▲8.9% | 990 |
| 2017 | $377,154▲18.2% | $371,433▲19.4% | $35,445▲19.2% | $204,525▲5.6% | 990 |
| 2016 | $319,054▼29.7% | $311,183▲2.8% | $29,724▲36.0% | $193,756▲15.2% | 990 |
| 2015 | $453,572▲319% | $302,613▲53.3% | $21,853▲117% | $168,160▲234% | 990 |
| 2014 | $108,296▼68.6% | $197,361▼43.4% | -$129,106▼222% | $50,390▼6.4% | 990 |
| 2013 | $345,372 | $348,411▲14.5% | -$40,041▼361% | $53,814▲123% | 990 |
| 2010 | — | $304,382 | $15,365 | $24,119 | 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.
5 grants to I-park Foundation Inc totaling $1.1M, reported by foundations on their Schedule I filings.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2023 | $228,850 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2022 | $400,150 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2021 | $200,600 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2021 | $200,600 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2020 | $70,880 |
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Data for I-park Foundation Inc (EIN 26-4463061) 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.