Bonnet Springs Park Inc
400 Bonnet Springs Blvd, Lakeland, FL · IRS data through FY2025
Revenue, expenses and net assets
Revenue Expenses Net assets
| Tax year | Revenue | Expenses | Net assets |
|---|---|---|---|
| FY2025 | $16,647,112 | $15,115,917 | $157,441,596 |
| FY2024 | $14,212,170 | $14,554,861 | $153,683,417 |
| FY2023 | $24,199,921 | $14,513,030 | $152,545,680 |
| FY2022 | $52,422,835 | $8,841,124 | $142,342,891 |
| FY2021 | $45,755,181 | $1,615,413 | $98,842,954 |
| FY2020 | $27,736,478 | $1,098,517 | $54,692,682 |
| FY2019 | $15,876,563 | $594,689 | $28,325,832 |
| FY2018 | $3,733,818 | $123,072 | $12,502,688 |
| FY2017 | $1,099,715 | $72,663 | $8,891,942 |
| FY2016 | $5,627,200 | $6,810 | $5,624,890 |
| FY2015 | $4,500 | $0 | $4,500 |
Form 990 filings
The returns filed by Bonnet Springs Park Inc (EIN 81-1106879), including Form 990 PDFs and e-file data by year, are available in ProPublica's Nonprofit Explorer. The figures on this page come from IRS data files built from those returns.
Where the revenue came from
| Source | Amount | % of revenue |
|---|---|---|
| Contributions & grants | $12,398,793 | 74% |
| Program service revenue | $0 | 0% |
| Other revenue | $4,248,319 | 26% |
Where the money was spent
| Category | Amount | % of expenses |
|---|---|---|
| Program services | $12,548,559 | 83% |
| Management & general | $1,876,659 | 12% |
| Fundraising | $690,699 | 5% |
What the numbers show
- Contributions & grants made up 74% of total revenue in FY2025.
- Program services accounted for 83% of functional expenses, management & general 12%, and fundraising 5%.
- 83% of functional expenses went to program services in FY2025. That is higher than 49.5% of 222 Recreation & Sports organizations nationwide (too few in FL for a state comparison).
- Net assets covered about 125 months of expenses at the end of the reporting year. That puts it in the 96th percentile among 1217 Recreation & Sports organizations in FL.
- Total revenue was higher than 98.6% of 1242 Recreation & Sports organizations in FL.
- Total revenue rose from $4,500 in FY2015 to $16,647,112 in FY2025. Revenue increased in 7 and decreased in 3 of 10 year-over-year comparisons.
- Expenses exceeded revenue in 1 of 11 reported years (FY2024).
- The highest revenue on record here is $52,422,835 in FY2022.
- Net assets grew from $4,500 to $157,441,596 between FY2015 and FY2025.
- Contributions and grants made up 100% of revenue in FY2015 and 75% in FY2025.
- Listed in the IRS Publication 78 data as eligible to receive tax-deductible contributions (public charity).
Figures compared against other organizations of the same NTEE program area in the same state. See the methodology page for how these are calculated and the guide to reading nonprofit financials for their limits.
About this organization
TO ENRICH OUR COMMUNITY THROUGH NATURE, CULTURE, RECREATION, AND EDUCATION.
IRS status
| Ruling year | 2016 |
| Subsection | 501(c)(3) |
| Classification | Public charity |
| Program area (NTEE) | N32 — Recreation & Sports (in FL) |
| Donations | Listed in the IRS Publication 78 data as eligible to receive tax-deductible contributions (public charity). |
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Source: Internal Revenue Service — Exempt Organizations Business Master File (downloaded November 4, 2026), Statistics of Income extracts, Form 990 e-file data, Publication 78 and the Automatic Revocation list. Figures are as reported by the organization; IRS processing may adjust them. This is not a charity rating and not tax advice. Confirm deductibility in IRS Tax Exempt Organization Search.
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