Trustees of Conneaut Lake Park Inc (EIN 232921827) - 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

2017

Legal Domicile

Principal Officer

Debbie Pipp

Phone

8143332299

Tax Period

2021-01-01 to 2021-12-31

Trustees of Conneaut Lake Park Inc, founded in 2017, is a micro nonprofit that reported $1.6M in total revenue in fiscal year 2021. Revenue fell 451% from the prior year — a significant decline worth monitoring.

Mission

To preserve and maintain Conneaut Lake Park in Northwestern Pennsylvania for historical, cultural, social, recreational and civic purposes for the benefit of the community and the general public.

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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 (2021)

Revenue Breakdown

Contributions & Grants $23,000

Program Service Revenue $10,780

Investment Income $-3,101,858

Other Revenue $1,513,424

TOTAL REVENUE $-1,554,654

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $183,068

Other Expenses $193,195

TOTAL EXPENSES $193,195

Year-over-Year Comparison

	2021	2020	Change
Revenue	$-1,554,654	$442,675	-4.5%
Expenses	$193,195	$495,384	-0.6%
Net Income	$-1,747,849	$-52,709	+32.2%

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

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
Thomas Cholak	Chairman	1.00	Officer Director	$0	$0	$0
Debbie Pipp	Treasurer	1.00	Officer Director	$0	$0	$0
Donald Clawson	Trustee	1.00	Director	$0	$0	$0
Mary Ann Martin	Trustee	1.00	Director	$0	$0	$0
Joan Kozlowsky	Trustee	1.00	Director	$0	$0	$0
James Cessna	Trustee	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
2021	$-1,554,654	$193,195	$1,168	$-1,747,849
2020	$442,675	$495,384	$4,465,981	$-52,709
2019	$1,390,907	$1,264,691	$4,493,450	$126,216
2018	$1,825,459	$1,569,977	$4,563,576	$255,482

Trustees of Conneaut Lake Park Inc