URBANA PARKS 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

2007

Legal Domicile

Principal Officer

MICHAEL STEVENSON

Phone

2173671536

Tax Period

2024-01-01 to 2024-12-31

URBANA PARKS FOUNDATION, founded in 2007, is a small nonprofit in the Philanthropy & Grantmaking sector that reported $493K in total revenue in fiscal year 2024. The organization ran a surplus of $148K, a strong 30% operating margin.

Mission

THE FOUNDATION WAS ESTABLISHED IN 2007 TO HELP MEET THE GROWING NEED FOR SUPPLEMENTAL SUPPORT BY RAISING FUNDS FOR URBANA PARK DISTRICT (UPD) ACTIVITIES. UPF SEEKS DONATIONS FROM PEOPLE AND ORGANIZATIONS WHO APPRECIATE THE VALUE OF PARKS OR PROGRAMS NOT JUST FOR THEIR IMMEDIATE ESTHETIC OR ENVIRONMENTAL VALUE, BUT FOR THE IMPACT THEY CAN HAVE ON FUTURE GENERATIONS. OUR SPONSORS AND DONORS PROVIDE GENEROUS FINANCIAL AND IN-KIND ASSISTANCE, AS WELL AS CONTRIBUTING IN WAYS THAT BENEFIT THE GREATER URBANA-CHAMPAIGN COMMUNITY.

Program Service Accomplishments

Program 1

Expenses: $151,812

HEALTH & WELLNESS CENTERTHE URBANA PARKS FOUNDATION WAS PROUD TO DISTRIBUTE OVER $150,000 TO SUPPORT THE CONSTRUCTION OF THE URBANA PARK DISTRICT'S NEW HEALTH & WELLNESS CENTER IN 2024. THE HEALTH & WELLNESS CENTER IS A FACILITY OFFERING COMPREHENSIVE INDOOR RECREATION OPTIONS INCLUDING AN INDOOR WALKING TRACK, TWO FULL COURT BASKETBALL COURTS, EXERCISE EQUIPMENT ROOM, GROUP FITNESS SPACE, AND A COMMUNITY GATHERING ROOM.

Program 2

Expenses: $122,629

PRAIRIEPLAY PLAYGROUND AT MEADOWBROOK PARKTHE URBANA PARKS FOUNDATION DISTRIBUTED $122,629 TO ASSIST WITH THE CONSTRUCTION OF A NEW, INCLUSIVE PLAYGROUND AT MEADOWBROOK PARK.

Program 3

Expenses: $5,500

YOUTH SCHOLARSHIPSTHE URBANA PARKS FOUNDATION DISTRIBUTED $5,500 TO THE URBANA PARK DISTRICT TO BE USED FOR THEIR YOUTH SCHOLARSHIP PROGRAM TO HELP FAMILIES FACING FINANCIAL BARRIERS AFFORD PROGRAMS...

🔒

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 (2024)

Revenue Breakdown

Contributions & Grants $493,026

Program Service Revenue $0

Investment Income $425

Other Revenue $0

TOTAL REVENUE $493,451

Expense Breakdown

Grants Paid $300,983

Salaries & Benefits $0

Fundraising Expenses $10,560

Program Expenses $300,983

Other Expenses $44,758

TOTAL EXPENSES $345,741

Year-over-Year Comparison

	2024	2023	Change
Revenue	$493,451	$501,058	0.0%
Expenses	$345,741	$481,029	-0.3%
Net Income	$147,710	$20,029	+6.4%

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

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
MEGAN PUZEY	PRESIDENT	2.00	Officer Director	$0	$0	$0
MARIANNE DOWNEY	SECRETARY	2.00	Officer Director	$0	$0	$0
ELLEN KIRSANOFF	VICE PRESIDENT	2.00	Officer Director	$0	$0	$0
JAMES CONLIN	TREASURER	2.00	Officer Director	$0	$0	$0
AMANI AYAD	TRUSTEE	1.00	Director	$0	$0	$0
BARBARA LINDER	TRUSTEE	1.00	Director	$0	$0	$0
BILL GRAY	TRUSTEE	1.00	Director	$0	$0	$0
CAROLYN TRIMBLE	TRUSTEE	1.00	Director	$0	$0	$0
CHRIS SCHERER	TRUSTEE	1.00	Director	$0	$0	$0
JAKE WOLF	TRUSTEE	1.00	Director	$0	$0	$0
JOE DELUCE	TRUSTEE	1.00	Director	$0	$0	$0
JUDY MILLER	TRUSTEE	1.00	Director	$0	$0	$0
MICHAEL STEVENSON	TRUSTEE	1.00	Director	$0	$0	$0
NANCY DELCOMYN	TRUSTEE	1.00	Director	$0	$0	$0
PALLASSANA BALGOPAL	TRUSTEE	1.00	Director	$0	$0	$0
ROGER DIGGES	TRUSTEE	1.00	Director	$0	$0	$0
SARAH NEMETH	TRUSTEE	1.00	Director	$0	$0	$0
TIM BARTLETT	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
2024	$493,451	$345,741	$1,468,433	$147,710
2023	$501,058	$481,029	$1,364,953	$20,029
2022	$594,172	$1,559,243	$1,612,580	$-965,071
2021	$1,240,248	$170,931	$2,962,474	$1,069,317
2020	$957,066	$213,939	$2,048,179	$743,127
2019	$176,536	$126,343	$1,148,489	$50,193