PARK SPRINGS FOUNDATION INC (EIN 208710411) - Form 990 Financial Analysis & Trantor Score

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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

2007

Legal Domicile

Principal Officer

ROGER MOLZAHN

Phone

4042348715

Tax Period

2024-01-01 to 2024-12-31

PARK SPRINGS FOUNDATION INC, founded in 2007, is a small nonprofit in the Education sector that reported $212K in total revenue in fiscal year 2024. Revenue surged 89% from the prior year, signaling strong growth momentum. The organization ran a surplus of $40K, a strong 19% operating margin.

Mission

THE MISSION OF THE PARK SPRINGS FOUNDATION IS TO ENCOURAGE PARK SPRINGS SENIOR LIVING EMPLOYEES, THEIR SPOUSES AND THEIR CHILDREN AND DEPENDENT GRANDCHILDREN TO FURTHER THEIR EDUCATION AND TO OFFER FINANCIAL ASSISTANCE TO THAT END

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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%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $174,237

Program Service Revenue $0

Investment Income $38,237

Other Revenue $0

TOTAL REVENUE $212,474

Expense Breakdown

Grants Paid $162,428

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $170,743

Other Expenses $10,247

TOTAL EXPENSES $172,675

Year-over-Year Comparison

	2024	2023	Change
Revenue	$212,474	$112,243	+0.9%
Expenses	$172,675	$85,585	+1.0%
Net Income	$39,799	$26,658	+0.5%

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

Governance

Voting Members

Independent Members

Employees

N/A

Volunteers

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
ROGER MOLZAHN	TREASURER	10.00	Officer Director	$0	$0	$0
MARILYN HAMMOND	VICE PRESIDE	20.00	Officer Director	$0	$0	$0
JAMES STARK	PRESIDENT	10.00	Officer Director	$0	$0	$0
MAUREEN GORDON	SECRETARY	3.00	Officer Director	$0	$0	$0
KAYE NAZARIAN	DONOR CORRES	5.00	Officer 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	$212,474	$172,675	$483,042	$39,799
2023	$112,243	$85,585	$503,875	$26,658
2022	$94,995	$53,159	$458,662	$41,836
2021	$105,845	$88,282	$477,172	$17,563
2020	$255,592	$65,314	$431,942	$190,278

PARK SPRINGS FOUNDATION INC