LOGANSPORT, IN
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)LOGANSPORT PARKS & RECREATION FOUNDATION INC, founded in 2008, is a small nonprofit in the Recreation & Sports sector that reported $744K in total revenue in fiscal year 2024. Revenue surged 66% from the prior year, signaling strong growth momentum. Expenses of $991K exceeded revenue, resulting in a 33% operating deficit.
OUR ORGANIZATION'S PURPOSE IS TO PROVIDE FUNDS FOR THE DEVELOPMENT OF PARK LANDS AND FACILITIES, PROVIDE SPECIFIC RECEREATION AND PARK PROGRAMS AND ACTIVITIES NOT OTHERWISE AVAILABLE FROM OTHER AGENCIES OR GOVERNMENTAL UNITS WITHIN THE TERRITORIAL LIMITS OF CASS COUNTY, INDIANA. WE WILL HOLD AND ADMINISTER REAL AND PERSONAL PROPERTY WHICH WILL ASSIST WITH ACCOMPLISHING THE PURPOSES LISTED ABOVE. WE WILL PROVIDE ASSISTANCE TO THE LOGANSPORT PARK BOARD IN PROMOTING AND DEVELOPING SOUND PRINCIPLES AND POLICIES FOR PARK FACILITIES AND RECREATIONAL ACTIVITIES.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2024 | 2023 | Change | |
|---|---|---|---|
| Revenue | $743,737 | $449,254 | +0.7% |
| Expenses | $991,170 | $88,486 | +10.2% |
| Net Income | $-247,433 | $360,768 | -1.7% |
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
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| LYNNE NESS | PRESIDENT | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| KYLE SMITH | VICE PRESIDE | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| PHILLIP STEPHENSON | SEC / TREASU | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| DAVE SMITH | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| KAILIN BAUMAN | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| JASON CRITTENDON | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| JACOB MCCORD | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2024 | $743,737 | $991,170 | $162,044 | $-247,433 |
| 2023 | $449,254 | $88,486 | $409,477 | $360,768 |
Compare LOGANSPORT PARKS & RECREATION FOUNDATION INC with other nonprofits in Indiana and across the country.