FRIENDS OF HAMILTON COUNTY PARKS INC

EIN: 205360193 501(c)(3) Recreation & Sports

CARMEL, IN

Total Revenue
$440,844
Total Expenses
$689,311
Total Assets
$1,728,143
Net Assets
$1,725,914
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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year
2006
Legal Domicile
IN
Principal Officer
Matt Reynolds
Phone
3178536831
Tax Period
2023-01-01 to 2023-12-31

FRIENDS OF HAMILTON COUNTY PARKS INC, founded in 2006, is a small nonprofit in the Recreation & Sports sector that reported $441K in total revenue in fiscal year 2023. Revenue fell 21% from the prior year — a significant decline worth monitoring. Expenses of $689K exceeded revenue, resulting in a 56% operating deficit.

Mission

The mission of Friends of Hamilton County Parks is to encourage, promote, benefit and maintain public parks and green spaces in Hamilton County, Indiana.

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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 (2023)

Revenue Breakdown

Contributions & Grants $399,502
Program Service Revenue $0
Investment Income $48,961
Other Revenue $-7,619
TOTAL REVENUE $440,844

Expense Breakdown

Grants Paid $0
Salaries & Benefits $75,355
Fundraising Expenses $33,031
Program Expenses $620,878
Other Expenses $613,956
TOTAL EXPENSES $689,311

Year-over-Year Comparison

2023 2022 Change
Revenue $440,844 $558,589 -0.2%
Expenses $689,311 $154,160 +3.5%
Net Income $-248,467 $404,429 -1.6%
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
9
Independent Members
9
Employees
1
Volunteers
80

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
3
$0
Total Directors
10
$70,000
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
April Williams Executive Dir. 40.00
Director
$70,000 $0 $70,000
Matt Reynolds Treasurer 1.00
Officer Director
$0 $0 $0
Thomas McLean Board Member 1.00
Director
$0 $0 $0
Jenn DeLeonardis Board Member 1.00
Director
$0 $0 $0
Angela Krahulik Secretary 1.00
Officer Director
$0 $0 $0
Bruce Snyder President 1.00
Officer Director
$0 $0 $0
Dan Lawson Board Member 1.00
Director
$0 $0 $0
Phil Beer Board Member 1.00
Director
$0 $0 $0
Laurie Dyer Board Member 1.00
Director
$0 $0 $0
Todd Irwin Board Member 1.00
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 No data No data No data No data
2023 $440,844 $689,311 $1,728,143 $-248,467
2022 $558,589 $154,160 $1,951,523 $404,429
2021 $423,653 $207,079 $1,584,148 $216,574
2020 $413,445 $296,227 $1,387,753 $117,218
2019 $409,828 $317,085 $1,247,137 $92,743
2018 $354,221 $170,119 $1,122,633 $184,102
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