FRIENDS OF THOMAS LOWRY PARK MINNESOTA NON-PROFIT CORPORATION (EIN 263163274) - 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

2008

Legal Domicile

Principal Officer

ELIZABETH SHAFFER

Phone

6125017435

Tax Period

2021-01-01 to 2021-12-31

FRIENDS OF THOMAS LOWRY PARK MINNESOTA NON-PROFIT CORPORATION, founded in 2008, is a micro nonprofit in the Environment sector that reported $47K in total revenue in fiscal year 2021. Revenue fell 66% from the prior year — a significant decline worth monitoring. Expenses of $293K exceeded revenue, resulting in a 529% operating deficit.

Mission

FRIENDS OF THOMAS LOWRY PARK PROVIDES SUPPORT TO THE MINNEAPOLIS PARK AND RECREATION BOARD FOR THE TENDER CARE OF THOMAS LOWRY PARK. FTLP PROVIDES FUNDS FOR BIANNUAL PLANTINGS, VOLUNTEER GARDENING HELP, AND OTHER PARK NEEDS.

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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 $46,592

Program Service Revenue $0

Investment Income $28

Other Revenue $0

TOTAL REVENUE $46,620

Expense Breakdown

Grants Paid $282,925

Salaries & Benefits $0

Fundraising Expenses $4,818

Program Expenses $285,623

Other Expenses $10,451

TOTAL EXPENSES $293,376

Year-over-Year Comparison

	2021	2020	Change
Revenue	$46,620	$137,762	-0.7%
Expenses	$293,376	$6,144	+46.8%
Net Income	$-246,756	$131,618	-2.9%

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

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
JEANNE SCHEIDERER	CO-TREASURER	5.00	Officer Director	$0	$0	$0
ELIZABETH SHAFFER	PRESIDENT	15.00	Officer Director	$0	$0	$0
PAUL PENDER	CO-TREASURER	1.00	Officer Director	$0	$0	$0
KATHY GASKINS	SECRETARY	2.00	Officer Director	$0	$0	$0
SUZANNE PAYNE	VICE PRESIDENT	9.00	Director	$0	$0	$0
KATHLEEN BOTTINI	MEMBER	0.50	Director	$0	$0	$0
TOM TRONDSON	MEMBER	3.00	Director	$0	$0	$0
CRAIG WILSON	MEMBER	3.00	Director	$0	$0	$0
SHIRLEY CARDOZO	MEMBER	3.50	Director	$0	$0	$0
MARK TIERNEY	MEMBER	3.00	Director	$0	$0	$0
KOBI CONAWAY	MEMBER	1.50	Director	$0	$0	$0
DAVID PIPER	MEMBER	0.50	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	$46,620	$293,376	$45,503	$-246,756
2020	$137,762	$6,144	$292,259	$131,618
2019	$206,981	$71,777	$160,641	$135,204

FRIENDS OF THOMAS LOWRY PARK MINNESOTA NON-PROFIT CORPORATION