Fort Wayne Park Foundation

🔒

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

1985

Legal Domicile

Principal Officer

Doug Wood

Phone

2604207732

Tax Period

2025-01-01 to 2025-12-31

Fort Wayne Park Foundation, founded in 1985, is a small nonprofit that reported $739K in total revenue in fiscal year 2025. Revenue grew 12% year-over-year, indicating healthy expansion. Expenses of $942K exceeded revenue, resulting in a 28% operating deficit.

Mission

To preserve the City's green spaces, create a lasting legacy for the citizens of Fort Wayne and Allen County and provide free and affordable leisure opportunities for all ages.

Program Service Accomplishments

Program 1

Expenses: $860,507

In 2025, our foundation continued to work with the City and our committed donors to gather funds for the first phase of the renovation and revitalization of Franke Park. As of the end of 2025, we...

In 2025, our foundation continued to work with the City and our committed donors to gather funds for the first phase of the renovation and revitalization of Franke Park. As of the end of 2025, we have contributed $2,900,000 to the project and have $107,000 still outstanding, all of which we hope to complete by the end of 2026. The project has been progressing as expected and ought to be completed sometime in 2026. Please see Schedule O for further information.

🔒

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 (2025)

Revenue Breakdown

Contributions & Grants $15,979

Program Service Revenue $0

Investment Income $722,564

Other Revenue $0

TOTAL REVENUE $738,543

Expense Breakdown

Grants Paid $860,507

Salaries & Benefits $1,278

Fundraising Expenses $3,094

Program Expenses $860,507

Other Expenses $80,008

TOTAL EXPENSES $941,793

Year-over-Year Comparison

	2025	2024	Change
Revenue	$738,543	$658,177	+0.1%
Expenses	$941,793	$2,520,886	-0.6%
Net Income	$-203,250	$-1,862,709	-0.9%

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

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
Doug Wood	President	5.00	Officer Director	$0	$0	$0
Catherine Hill	Vice President	0.50	Officer Director	$0	$0	$0
John McMillen	Secretary	0.50	Officer Director	$0	$0	$0
Eleanor Marine	Treasurer	0.50	Officer Director	$0	$0	$0
Stephen L Chapman	Director	0.25	Director	$0	$0	$0
Madelane Elston	Director	0.25	Director	$0	$0	$0
Julie Inskeep	Director	0.25	Director	$0	$0	$0
Pam Kelly	Director	0.25	Director	$0	$0	$0
Sr M Elise Kriss	Director	0.25	Director	$0	$0	$0
Rick Phillips Jr	Director	0.25	Director	$0	$0	$0
Dr Luther C Whitfield	Director	0.25	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
2025	$738,543	$941,793	$15,868,312	$-203,250
2024	No data	No data	No data	No data
2023	$430,425	$1,148,875	$13,916,015	$-718,450
2022	$569,381	$565,735	$13,115,388	$3,646
2021	$3,859,788	$727,690	$15,846,112	$3,132,098
2020	$748,414	$1,118,004	$12,230,574	$-369,590
2019	$961,745	$1,493,052	$11,791,937	$-531,307