KENAN CENTER INC

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

1967

Legal Domicile

Principal Officer

WILLIAM PATTI

Phone

7164332617

Tax Period

2024-04-01 to 2025-03-31

KENAN CENTER INC, founded in 1967, is a community nonprofit in the Recreation & Sports sector that reported $7.5M in total revenue in fiscal year 2024. Revenue surged 390% from the prior year, signaling strong growth momentum. The organization ran a surplus of $5.6M, a strong 75% operating margin.

Mission

THE KENAN CENTER ENRICHES LIVES BY PROVIDING THE COMMUNITY WITH CULTURAL, EDUCATIONAL, AND RECREATIONAL OPPORTUNITIES.

Program Service Accomplishments

Program 1

Expenses: $641,402 Revenue: $376,460

ACRES AND KENAN CENTER MONTESSORI - ACRES PROGRAMS (ARTS, CULTURAL, RECREATION, EDUCATION, AND SPORTS) ARE DESIGNED TO BRING PEOPLE TOGETHER, FOSTER CONNECTIONS, AND ENHANCE THE WELL-BEING OF...

ACRES AND KENAN CENTER MONTESSORI - ACRES PROGRAMS (ARTS, CULTURAL, RECREATION, EDUCATION, AND SPORTS) ARE DESIGNED TO BRING PEOPLE TOGETHER, FOSTER CONNECTIONS, AND ENHANCE THE WELL-BEING OF EVERYONE IN OUR COMMUNITY. THE KENAN CENTER MONTESSORI (KCM) PROGRAM - PROVIDES A MULTI-SENSORY, HANDS-ON LEARNING EXPERIENCE THAT IS CENTERED AROUND THE CHILD'S NEEDS AND INTERESTS. OPEN TO CHILDREN AGES 3-5, THIS PROGRAM NURTURES AND FOSTERS YOUNG MINDS THROUGH ENGAGING, PERSONALIZED EDUCATIONAL ACTIVITIES.

Program 2

Expenses: $393,271 Revenue: $100,018

MUSIC AND THEATRE EVENTS - SELF-PRODUCED THEATRE SHOWS AND PROVIDE CONCERTS TO THE COMMUNITY.

Program 3

Expenses: $358,087 Revenue: $119,534

EVENTS - HOST EVENTS SUCH AS MUSIC IN THE GARDEN, MUSICALS, PLAYS, LIVE CONCERTS, ETC. FOR THE COMMUNITY.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $6,618,516

Program Service Revenue $376,460

Investment Income $314,066

Other Revenue $226,527

TOTAL REVENUE $7,535,569

Expense Breakdown

Grants Paid $0

Salaries & Benefits $1,112,924

Fundraising Expenses $92,389

Program Expenses $1,399,258

Other Expenses $783,649

TOTAL EXPENSES $1,896,573

Year-over-Year Comparison

	2024	2023	Change
Revenue	$7,535,569	$1,538,568	+3.9%
Expenses	$1,896,573	$1,496,275	+0.3%
Net Income	$5,638,996	$42,293	+132.3%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

Volunteers

100

Governance Policies

✓ Conflict of Interest Policy

✓ Whistleblower Policy

✓ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School

✗ Operated a Hospital

✗ Provided First Class Travel

✗ Reported Conflict of Interest

✗ Reported Asset Diversion

✗ Excess Benefit Transaction

✗ Made Political Expenditures

✗ Engaged in Lobbying

✗ Operated Donor Advised Fund

✗ Maintained Art Collections

✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers

$131,284

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
ROBERT RICHARDS	SECOND VICE PRESIDENT	1.00	Officer Director	$0	$0	$0
JUDITH S ARLINGTON	PRESIDENT	2.00	Officer Director	$0	$0	$0
LISA SCHRADER	FIRST VICE PRESIDENT	1.00	Officer Director	$0	$0	$0
TOM GRZEBINSKI	TREASURER	1.00	Officer Director	$0	$0	$0
MOLLY MAYERS	SECRETARY	1.00	Officer Director	$0	$0	$0
R SCOTT DELUCA ESQ	IMMEDIATE PAST PRESIDENT	1.00	Officer Director	$0	$0	$0
CYNTHIA COTTON	BOARD MEMBER	1.00	Director	$0	$0	$0
JENNA LAMONT	BOARD MEMBER	1.00	Director	$0	$0	$0
LAURA MAGEE	BOARD MEMBER	1.00	Director	$0	$0	$0
CHRISTOPHER MARRA	BOARD MEMBER	1.00	Director	$0	$0	$0
MEGAN MENGES	BOARD MEMBER	1.00	Director	$0	$0	$0
TAMMY ROY	BOARD MEMBER	1.00	Director	$0	$0	$0
JESSICA SADLER	BOARD MEMBER	1.00	Director	$0	$0	$0
ALEX SCHIMERT	BOARD MEMBER	1.00	Director	$0	$0	$0
MARIETTA SCHRADER	BOARD MEMBER	1.00	Director	$0	$0	$0
DOTTI TIMKEY	BOARD MEMBER	1.00	Director	$0	$0	$0
KELLY VANDEMARK	BOARD MEMBER	1.00	Director	$0	$0	$0
PATRICIA ARNOLD	BOARD MEMBER	1.00	Director	$0	$0	$0
KATHY GREENFIELD	BOARD MEMBER	1.00	Director	$0	$0	$0
REV W JAMES HARDY EX OFFICIO	BOARD MEMBER	1.00	Director	$0	$0	$0
THOMAS D MURPHY	BOARD MEMBER	1.00	Director	$0	$0	$0
LINDSAY COLLINS	BOARD MEMBER	1.00	Director	$0	$0	$0
F PATRICK SULLIVAN	BOARD MEMBER	1.00	Director	$0	$0	$0
WILLIAM PATTI	EXECUTIVE DIRECTOR	40.00	Officer	$104,156	$27,128	$131,284

Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year	Revenue	Expenses	Assets	Net Income
2025	$7,535,569	$1,896,573	$13,732,765	$5,638,996
2024	$1,538,568	$1,496,275	$7,998,982	$42,293
2023	$1,177,585	$1,252,657	$7,222,709	$-75,072
2022	$1,243,180	$1,087,872	$7,748,616	$155,308
2021	$912,593	$797,174	$7,655,658	$115,419
2020	$971,832	$1,051,247	$6,145,207	$-79,415
2019	$778,016	$998,936	$6,576,875	$-220,920
2018	$809,481	$976,129	$6,711,957	$-166,648