SCANDINAVIAN PARK INC NFP

EIN: 200223884 501(c)(3) Arts, Culture & Humanities

ROSELLE, IL

Total Revenue
$107,318
Total Expenses
$103,893
Total Assets
$2,070,825
Net Assets
$2,069,525
🔒

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

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
2003
Legal Domicile
IL
Principal Officer
TOM CLEVELAND
Phone
6309354074
Tax Period
2024-01-01 to 2024-12-31

SCANDINAVIAN PARK INC NFP, founded in 2003, is a small nonprofit in the Arts, Culture & Humanities sector that reported $107K in total revenue in fiscal year 2024. Expenses of $104K left a modest 3% surplus.

Mission

CONDUCT TRADITIONAL SCANDINAVIAN EVENTS PROMOTING EDUCATION, CULTURE, MUSIC, DANCE AND FOODS.

🔒

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%)

Sign In — Free (10 views/day)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $38,463
Program Service Revenue $50,005
Investment Income $0
Other Revenue $18,850
TOTAL REVENUE $107,318

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $75,923
Other Expenses $103,893
TOTAL EXPENSES $103,893

Year-over-Year Comparison

2024 2023 Change
Revenue $107,318 $99,568 +0.1%
Expenses $103,893 $153,108 -0.3%
Net Income $3,425 $-53,540 -1.1%
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

Sign In

Governance

Voting Members
18
Independent Members
18
Employees
N/A
Volunteers
50

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
4
$0
Total Directors
5
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
TOM CLEVELAND PRESIDENT 20.00
Officer
$0 $0 $0
JACQUELINE MOLINE SECRETARY 10.00
Officer
$0 $0 $0
JOHANNES SMITS TREASURER 20.00
Officer
$0 $0 $0
DAVID ANTHONSEN VICE PRESIDE 35.00
Officer
$0 $0 $0
JASON LEKANDER TRUSTEE 5.00
Director
$0 $0 $0
MARY WURZER TRUSTEE 5.00
Director
$0 $0 $0
MARK MUELLER TRUSTEE 5.00
Director
$0 $0 $0
BETTY RUIZ-VANN TRUSTEE 5.00
Director
$0 $0 $0
CHET SMITH TRUSTEE 10.00
Director
$0 $0 $0
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
2024 $107,318 $103,893 $2,070,825 $3,425
2023 $99,568 $153,108 $2,067,700 $-53,540
2022 $110,469 $91,064 $2,121,440 $19,405
2021 $101,637 $75,534 $2,104,235 $26,103
2020 $67,047 $34,929 $2,079,807 $32,118
2019 $99,035 $104,245 $2,043,514 $-5,210
2018 $99,162 $93,046 $2,049,024 $6,116
Explore More Nonprofits
Top 100 Nonprofits in Illinois Largest U.S. Nonprofits Best Rated Nonprofits Most Efficient Nonprofits

Compare SCANDINAVIAN PARK INC NFP with other nonprofits in Illinois and across the country.