FRIENDS OF FREEDOM PARK INC (EIN 203842342) - Form 990 Financial Analysis & Trantor Score

🔒

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

2006

Legal Domicile

Principal Officer

RICHARD ALLEN

Phone

7152620104

Tax Period

2023-01-01 to 2023-12-31

FRIENDS OF FREEDOM PARK INC, founded in 2006, is a small nonprofit in the Community Improvement sector that reported $259K in total revenue in fiscal year 2023. The organization ran a surplus of $144K, a strong 56% operating margin.

Mission

THE FRIENDS OF FREEDOM PARK, INC. IS ORGANIZED TO SUPPORT AND SUPPLEMENT THE DEVELOPEMENT, OPERATION, FUNDING AND STAFFING OF THE CITY OF PRESCOTT'S FREEDOM PARK, AND IN PARTICULAR THE GREAT RIVER ROAD VISITOR CENTER, FOR USE BY THE PUBLIC.

🔒

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 (2023)

Revenue Breakdown

Contributions & Grants $259,095

Program Service Revenue $0

Investment Income $40

Other Revenue $0

TOTAL REVENUE $259,135

Expense Breakdown

Grants Paid $0

Salaries & Benefits $71,835

Fundraising Expenses $0

Program Expenses $114,780

Other Expenses $42,945

TOTAL EXPENSES $114,780

Year-over-Year Comparison

	2023	2022	Change
Revenue	$259,135	N/A	N/A
Expenses	$114,780	N/A	N/A
Net Income	$144,355	N/A	N/A

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

N/A

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
RICHARD ALLEN	CHAIR	N/A	Director	$0	$0	$0
DONNA BOATMAN	DIRECTOR	N/A	Director	$0	$0	$0
TRACY LARSON	DIRECTOR	N/A	Director	$0	$0	$0
CHARLA MAGEE	DIRECTOR	N/A	Director	$0	$0	$0
JASON MERCORD	DIRECTOR	N/A	Director	$0	$0	$0
JEREMY RAVERTY	DIRECTOR	N/A	Director	$0	$0	$0
JEFFREY RUEHLE	VICE CHAIR	N/A	Director	$0	$0	$0
JAMES SHIELY	DIRECTOR	N/A	Director	$0	$0	$0
DENEEN STRAIT	DIRECTOR	N/A	Director	$0	$0	$0
KA VANG	SECRETARY	N/A	Officer Director	$0	$0	$0
CHARLOTTE VICK	DIRECTOR	N/A	Director	$0	$0	$0
THOMAS MCQUAID	TREASURER	N/A	Officer	$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	No data	No data	No data	No data
2023	$259,135	$114,780	$268,646	$144,355

FRIENDS OF FREEDOM PARK INC