Better Business Bureau Report for
Houston Parks Board, Inc.

Better Business Bureau Report issued July 2014
Better Business Bureau Report expires July 2015


This BBB Accredited charity meets all 20 Standards for Charity Accountability. Find out more...


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Charity Contact Information

Name: Houston Parks Board, Inc.
Address: 300 North Post Oak Lane
  Houston, TX 77024
Phone: 713-942-8500
Web Address: www.houstonparksboard.org
Also known as:Houston Parks Board
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Better Business Bureau Comments

Year, State Incorporated: 1976, Texas
Affiliates: None
Stated Purpose: The Houston Parks Board's mission is to create, improve, protect and advocate for parkland for the Greater Houston Region.

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Evaluation Conclusions

              

Houston Parks Board, Inc. meets the 20 Standards for Charity Accountability.
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Programs

              

The Houston Parks Board is involved in activities related to the expansion and improvement of Houston's parks system. The Houston Parks Board’s primary programs are its Park Creation Campaign and Park Improvement Projects. In 2012, Houston Parks Board had 4 projects in design phases and 4 projects under construction.

For the fiscal year ended June 30, 2013, Houston Parks Board, Inc.'s program expenses were:

  
Bayou Greenways 2020 Project 2,295,700
City park improvements and additions 2,284,284
City-supported parks programs 1,192,236
Total Program Expenses: $5,772,220
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Governance

              

Chief Executive : Roksan Okan-Vick, FAIA, Executive Director
Compensation*: 

Chair of the Board: Thomas G. Bacon
Chair's Profession / Business Affiliation: Lionstone Group, real estate investment firm

Board Size: 31

Paid Staff Size: 15

*Compensation includes annual salary and, if applicable, benefit plans, expense accounts, and other allowances.
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Fund Raising

              

Method(s) Used:

direct mail, invitations to fund raising events, grant proposals, internet
Fund raising costs were 2% of related contributions. (Related contributions, which totaled $7,911,602, are donations received as a result of fund raising activities.)
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Tax Status

              

This organization is tax-exempt under section 501(c)(3) of the Internal Revenue Code. It is eligible to receive contributions deductible as charitable donations for federal income tax purposes.
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Financial

              

The following information is based on Houston Parks Board, Inc.'s audited financial statements for the fiscal year ended June 30, 2013.

Source of Funds  
Contributions 7,459,524
Special event - annual luncheon 488,368
Investment return 273,146
City concession and event fees 236,026
Parks improvement projects - Houston Parks Board LGC, Inc. 146,842
Direct donor benefits costs - annual luncheon -36,290
Total Income $8,567,616


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Uses of Funds as a % of Total Expenses

Programs: 94%  Fund Raising: 3%  Administrative: 3% 

Total income $8,567,616
Program expenses $5,772,220
Fund raising expenses 164,324
Administrative expenses 196,747
Total expenses $6,133,291
Income in Excess of Expenses 2,434,325
Beginning net assets 35,165,529
Ending net assets 35,760,190
Total liabilities 1,158,611
Total assets $36,918,801


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Complaints

              

The BBB has processed no complaints about this organization in the past 36 months, our standard reporting period.

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An organization may change its practices at any time without notice. A copy of this report has been shared with the organization prior to publication. It is not intended to recommend or deprecate, and is furnished solely to assist you in exercising your own judgment. If the report is about a charity and states the charity meets or does not meet the BBB Standards for Charity Accountability, it reflects the results of an evaluation of information and materials provided voluntarily by the charity. The name Better Business Bureau is a registered service mark of the Council of Better Business Bureaus, Inc.

This report is not to be used for fund raising or promotional purposes.

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