Finance

FY2022

BOARD OF DIRECTORS

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HOUSTON PARKS BOARD STAFF

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DONORS

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STATEMENT OF FINANCIAL POSITION

As of June 30, 2022

Assets

Cash Available for Operations

$2,657,840

Cash for Bayou Greenways, Parks & City-supported Programs

38,649,237

Contributions Receivable, Net

2,528,145

Prepaid Expenses & Other Receivables

1,452,947

Investments & Endowment Funds

14,057,103

Property, Net

9,773,631

Total Assets

$69,118,903

Liabilities & Net Assets

Construction Projects & Accounts Payable

$1,473,868

Deferred & Held For Others

203,207

Total Liabilities

1,677,075

Without Donor Restrictions

26,643,817

With Donor Restrictions

40,798,011

Total Net Assets

67,441,828

Total Net Assets & Liabilities

$69,118,903

STATEMENT OF ACTIVITIES

For the Year ending
June 30, 2022

Operating Revenue

Contributions, Grants & Special Events

$6,433,434

Bayou Greenways Conservation & Maintenance

11,280,000

Investment Income

(2,164,516)

Project Management Income

755,839

Total Operating Revenue

$16,304,757

Operating Expenses

Bayou Greenways 2020

$7,861,605

Bayou Greenways Conservation & Maintenance

10,701,202

Park Improvements & City Programs

3,060,246

Total Program Expenses

$21,623,053

Administration & Fundraising

1,043,352

Total Operating Expenses

22,666,405

Changes in Net Assets

($6,361,648)

HOUSTON PARKS BOARD IS CREATING A STRONGER CITY, CONNECTING NEIGHBORHOODS TO ONE ANOTHER, AND CONNECTING PEOPLE LIKE NEVER BEFORE.

WITH YOU & YOUR FAMILY IN MIND,

Onward.