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Bonnet Springs Park

Lakeland, FL · EIN 81-1106879 · 501(c)(3) · Publicly supported organization (170(b)(1)(A)(vi))
Latest filing: Form 990 for calendar year 2025 (tax year 2025) · View the filing · Correct or respond

Bonnet Springs Park reported $16.6 million in revenue and $15.1 million in expenses for calendar year 2025. Of every $100 it spent, $83.02 went to program services, $12.41 to management and general costs and $4.57 to fundraising. Its largest source of revenue was contributions and grants: 74.5% of the total. Government grants made up 7.5%. The highest compensation it reported for one person was $364,208 (CEO). 6 people received more than $100,000 in reportable compensation. Revenue fell 40% between 2020 and 2025. Source: Form 990, 2025.

Where $100 of spending went

Calendar year 2025 · Form 990, Part IX, line 25 · total expenses $15M

For context, the median across 237 covered recreation & sports charities: $88.05 programs, $10.89 management, $1.06 fundraising (medians computed separately, so they may not sum to $100).

Where $100 of revenue came from

Calendar year 2025 · Form 990, Part VIII · total revenue $17M

The 990 scorecard · same measures for every charity, no grades

2025 filing. Median across 237 covered charities in this category, from their latest filings.
Measure2025Median
Program services
Part IX 25(B) ÷ 25(A)
83.0%84.4%
Management & general
Part IX 25(C) ÷ 25(A)
12.4%10.4%
Fundraising
Part IX 25(D) ÷ 25(A)
4.6%1.0%
Fundraising cost per $1 of contributions
Part IX 25(D) ÷ Part VIII 1h
$0.06$0.05
Contributions & grants share of revenue
Part VIII 1h ÷ 12
74.5%25.2%
Government grants share of revenue
Part VIII 1e ÷ 12
7.5%0.0%
Program service revenue share
Part VIII 2g ÷ 12
0.0%61.0%
Highest reported compensation
Part VII-A, columns D–F
$364,208$365,322
Highest compensation as share of expenses
Part VII-A ÷ Part IX 25(A)
2.41%2.14%
People paid over $100,000
Part VII, line 2
66
Net assets, in months of expenses
Part X 33(B) ÷ monthly expenses
125.014.9
Independent voting board members
Part VI 1a–1b
19 of 20100.0%

A median is context, not a target: hospitals, universities, food banks and grantmakers spend in very different ways. What these measures can and can't tell you.

What the money paid for, in its own words

2025 · Form 990, Part III · the three largest programs by expense
$13M expenses · 100.0% of program spending

Bonnet Springs Park serves to unify the city's diverse population, offering public spaces that serve the needs of many by providing engaging and diverse opportunities in education and recreation to residents and visitors. The park is within walking distance to our city's urban core, where art, recreation, fun, and tranquility intersect by design. This blended urban/natural park will provide spaces to escape, engage, and explore with one another and with nature while experiencing and learning about the beautiful history of central florida. Park maintenance and operations - the upkeep and…

Highest reported compensation

2025 · Form 990, Part VII, Section A · roles as filed; names are in the filing, not here
RoleFrom this orgFrom related orgsOtherTotal
CEO
Officer, 40.00 hrs/week
$323,484$0$40,724$364,208
VP OF FINANCE
Highest compensated employee, 40.00 hrs/week
$147,353$0$38,282$185,635
VP OF ENGAGEMENT
Highest compensated employee, 40.00 hrs/week
$160,699$0$18,888$179,587
VP OF OPERATIONS
Highest compensated employee, 40.00 hrs/week
$143,363$0$19,210$162,573
SENIOR DIRECTOR OF HR
Highest compensated employee, 40.00 hrs/week
$141,212$0$8,665$149,877
DIRECTOR OF DEVELOPMENT
Highest compensated employee, 40.00 hrs/week
$110,617$0$9,366$119,983

6 people received more than $100,000 in reportable compensation from Bonnet Springs Park (Part VII, line 2). Compensation of current officers, directors and key employees totaled $471K (Part IX, line 5).

6 years of filings

Form 990, Parts I, VII, IX and X · each row is that year's own filing, linked
RevenueExpenses
$0$20M$40M$60M$80M202020212022202320242025$17M$15M
FilingRevenueExpensesProgramsNet assetsTop pay
2025 ⓘ$17M$15M83.0%$157M$364,208
2024 ⓘ$14M$15M82.7%$154M$357,137
2023 ⓘ$24M$15M81.5%$153M$361,787
2022 ⓘ$52M$8.8M60.3%$142M$219,032
2021 ⓘ$46M$1.6M13.0%$99M$223,326
2020 ⓘ$28M$1.1M14.1%$55M$150,000

Governance answers, as filed

2025 · the organization's own yes/no answers; explanations, if any, are in Schedule O of the filing · what each means
  • Voting board members, and how many are independent Part VI, lines 1a–1b20 · 19 independent
  • Audited financial statements Part XII 2bYes
  • Conflict-of-interest policy Part VI 12aYes
  • Whistleblower policy Part VI 13Yes
  • Document retention policy Part VI 14Yes
  • Independent process for top executive pay Part VI 15aYes
  • Board given the 990 before filing Part VI 11aYes
  • Family or business ties among insiders Part VI 2Yes
  • Aware of a significant diversion of assets Part VI 5No
  • Excess benefit transaction with an insider Part IV 25aNo
  • Loans to or from insiders outstanding Part IV 26No
  • Lobbying, or a 501(h) election in effect Part IV 4Yes
  • Over $15,000 of professional fundraising services Part IV 18No
  • Over $10,000 of activity outside the U.S. Part IV 14bNo
  • Employees Part I, line 5193
  • Volunteers Part I, line 6911

Private foundation grants it received

4 private foundations reported grants to Bonnet Springs Park totaling $1.3M on their tax year 2023 Form 990-PF returns. See which foundations, on WHOFUNDS.

Source: WHOFUNDS open grant graph, matched from Form 990-PF Part XV.

Correct a figure or respond

Every number above is copied from Bonnet Springs Park's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for Bonnet Springs Park, you can publish a response that is linked from this page.

Similar-sized charities in this cause

All recreation & sports charities · Largest charities in Florida

Questions people ask

How much of Bonnet Springs Park's spending goes to programs?

In calendar year 2025, Bonnet Springs Park reported that 83.0% of its $15.1 million in expenses went to program services, 12.4% to management and general and 4.6% to fundraising (Form 990, Part IX).

How much does Bonnet Springs Park pay its top executive?

The largest total compensation Bonnet Springs Park reported for one person in calendar year 2025 was $364,208, for the role of CEO (Form 990, Part VII, including compensation from related organizations and other compensation).

Where does Bonnet Springs Park get its money?

Of $16.6 million in revenue in calendar year 2025, 74.5% came from contributions and grants (including 7.5% from government grants) and 0.0% from program service revenue (Form 990, Part VIII).

Is Bonnet Springs Park a registered charity?

The IRS lists EIN 81-1106879 as a 501(c)(3) organization (publicly supported organization (170(b)(1)(a)(vi))), and its records show contributions as tax-deductible. Form 990 filings on record here cover tax years 2020, 2021, 2022, 2023, 2024, 2025. A filing shows what the organization reported; it doesn't by itself show whether a program works.

Sources

  • 2025: Form 990 for calendar year 2025, object 202612449349300731 · read the filing
  • 2024: Form 990 for calendar year 2024, object 202502339349300320 · read the filing
  • 2023: Form 990 for calendar year 2023, object 202511129349300316 · read the filing
  • 2022: Form 990 for calendar year 2022, object 202302289349300435 · read the filing
  • 2021: Form 990 for calendar year 2021, object 202242529349301004 · read the filing
  • 2020: Form 990 for calendar year 2020, object 202142749349300424 · read the filing

All filings for EIN 81-1106879: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.