PARMA SENIOR HIGH SCHOOL ALUMNI ASSN

EIN: 237318245 501(c)(3)

PARMA, OH

Total Revenue
$28,004
Total Expenses
$16,423
Total Assets
$314,894
Net Assets
$314,894
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1941
Legal Domicile
OH
Tax Period
2018-07-01 to 2019-06-30

PARMA SENIOR HIGH SCHOOL ALUMNI ASSN, founded in 1941, is a micro nonprofit that reported $28K in total revenue in fiscal year 2018. The organization ran a surplus of $12K, a strong 41% operating margin.

Mission

EDUCATION, SCHOLARSHIPS & TUITION GOALS SUPPORT HIGH SCHOOL ACTIVITIES, PROVIDE INFORMATIONM TO ALUMNI REGARDING ACTIVITIES AT HIGN SCHOOL REUNIONS; PROVIDE A DIRECTORY, NEWSLETTER AND A WEBSITE, AND PROVIDE ASSISTANCE IN ORGANIZINBG CLASS REUNIONS

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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 (2018)

Revenue Breakdown

Contributions & Grants $14,696
Program Service Revenue $0
Investment Income $7,381
Other Revenue $5,927
TOTAL REVENUE $28,004

Expense Breakdown

Grants Paid $13,050
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $13,714
Other Expenses $3,373
TOTAL EXPENSES $16,423

Year-over-Year Comparison

2018 2017 Change
Revenue $28,004 $29,413 0.0%
Expenses $16,423 $25,775 -0.4%
Net Income $11,581 $3,638 +2.2%
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

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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
20
Independent Members
N/A
Employees
N/A
Volunteers
15

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
1
$0
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
CHRIS LEO TREASURER 5.00
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
2019 $28,004 $16,423 $314,894 $11,581
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