THE PARK ACADEMY

EIN: 202381913 501(c)(3) Education

LAKE OSWEGO, OR

Total Revenue
$4,348,172
Total Expenses
$3,742,989
Total Assets
$13,722,075
Net Assets
$12,500,100
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2005
Legal Domicile
OR
Principal Officer
ANDY PIHL
Phone
5035948800
Tax Period
2024-07-01 to 2025-06-30

THE PARK ACADEMY, founded in 2005, is a community nonprofit in the Education sector that reported $4.3M in total revenue in fiscal year 2024. Revenue surged 38% from the prior year, signaling strong growth momentum. Expenses of $3.7M left a modest 14% surplus.

Mission

PARK ACADEMY PROVIDES AN INCLUSIVE COMMUNITY WHERE EVIDENCE-BASED PRACTICES EMPOWER STUDENTS WITH DYSLEXIA AND RELATED LEARNING DIFFERENCES TO REACH THEIR HIGHEST ACADEMIC AND PERSONAL POTENTIAL.

Program Service Accomplishments

Program 1
Expenses: $3,064,766 Revenue: $2,706,114

PARK ACADEMY EMPOWERS STUDENTS WITH LANGUAGE-BASED LEARNING DIFFERENCES TO ACHIEVE THEIR HIGHEST INDIVIDUAL POTENTIAL. BY CRAFTING TAILORED PROGRAMS THAT NURTURE EACH CHILD'S ABILITIES, WE GUIDE THEM...

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PARK ACADEMY EMPOWERS STUDENTS WITH LANGUAGE-BASED LEARNING DIFFERENCES TO ACHIEVE THEIR HIGHEST INDIVIDUAL POTENTIAL. BY CRAFTING TAILORED PROGRAMS THAT NURTURE EACH CHILD'S ABILITIES, WE GUIDE THEM TO EXCEL ACADEMICALLY AND GROW INTO CONFIDENT, RESPONSIBLE CITIZENS AND COMMUNITY LEADERS.PARK ACADEMY PROUDLY SERVES STUDENTS IN GRADES 3 THROUGH 8, OFFERING A NURTURING AND SUPPORTIVE ENVIRONMENT WHERE EVERY LEARNER CAN REACH THEIR HIGHEST POTENTIAL. BY BRIDGING THE GAP BETWEEN POTENTIAL AND ACHIEVEMENT, WE AIM TO DEVELOP CONFIDENT, CAPABLE STUDENTS WHO ARE WELL-PREPARED FOR SUCCESS IN HIGH SCHOOL AND BEYOND.

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Trantor Score

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

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

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $1,399,200
Program Service Revenue $2,706,114
Investment Income $203,399
Other Revenue $39,459
TOTAL REVENUE $4,348,172

Expense Breakdown

Grants Paid $0
Salaries & Benefits $2,943,615
Fundraising Expenses $241,560
Program Expenses $3,064,766
Other Expenses $799,374
TOTAL EXPENSES $3,742,989

Year-over-Year Comparison

2024 2023 Change
Revenue $4,348,172 $3,157,562 +0.4%
Expenses $3,742,989 $3,208,847 +0.2%
Net Income $605,183 $-51,285 -12.8%
Key Indicators
✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required
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Financial Health Indicators

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

Financial Distress Indicator

Liquidity & Cash Position

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

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Governance

Voting Members
14
Independent Members
13
Employees
43
Volunteers
158

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
$168,097
Total Directors
14
$168,097
Key Employees
0
$0
Highest Compensated
1
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
CRAIG LOWERY HEAD OF SCHOOL 40.00
Officer Director
$162,109 $5,988 $168,097
ANDY PIHL BOARD CHAIR 10.00
Officer Director
$0 $0 $0
PIPER PARK FOUNDER 10.00
Officer Director
$0 $0 $0
GINA WILLIAMS TREASURER 10.00
Officer Director
$0 $0 $0
GARY MAFFEI TRUSTEE 1.00
Director
$0 $0 $0
TOM BOOTHE TRUSTEE 1.00
Director
$0 $0 $0
JEFF MENGIS TRUSTEE 1.00
Director
$0 $0 $0
DAVID PLOTKIN TRUSTEE 1.00
Director
$0 $0 $0
KEITH CHENG TRUSTEE 1.00
Director
$0 $0 $0
BILL WESTPHAL TRUSTEE 1.00
Director
$0 $0 $0
MICKEY MOREY TRUSTEE 1.00
Director
$0 $0 $0
KEVIN CROMBIE TRUSTEE 1.00
Director
$0 $0 $0
VIJAY DANIEL TRUSTEE 1.00
Director
$0 $0 $0
KAREN HOKE TRUSTEE 1.00
Director
$0 $0 $0
CLIFF POAGE HIGHEST COMPENSATED EMPLOYEE 40.00
Highest
$114,931 $4,220 $119,151
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 $4,348,172 $3,742,989 $13,722,075 $605,183
2024 $3,157,562 $3,208,847 $12,296,972 $-51,285
2023 $2,853,832 $3,080,685 $12,050,392 $-226,853
2022 $2,700,853 $2,802,876 $11,735,729 $-102,023
2021 $2,859,355 $2,574,230 $12,412,230 $285,125
2020 $2,401,175 $2,465,165 $11,551,905 $-63,990
2019 $3,488,305 $2,398,658 $11,232,502 $1,089,647
2018 $2,623,294 $2,142,571 $10,311,739 $480,723
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