PARK CITY AREA RESTAURANT ASSOCIATI (EIN 270854213) - 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

2009

Legal Domicile

Principal Officer

MIKE BROWN

Phone

4355139334

Tax Period

2024-01-01 to 2024-12-31

PARK CITY AREA RESTAURANT ASSOCIATI, founded in 2009, is a small nonprofit in the Community Improvement sector that reported $475K in total revenue in fiscal year 2024. Revenue decreased 18% compared to the prior year. Expenses of $564K exceeded revenue, resulting in a 19% operating deficit.

Mission

TO PROMOTE THE RESTAURANTS OF SUMMIT COUNTY

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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 (2024)

Revenue Breakdown

Contributions & Grants $415,065

Program Service Revenue $60,000

Investment Income $0

Other Revenue $0

TOTAL REVENUE $475,065

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $550,480

Other Expenses $563,811

TOTAL EXPENSES $563,811

Year-over-Year Comparison

	2024	2023	Change
Revenue	$475,065	$580,607	-0.2%
Expenses	$563,811	$387,952	+0.5%
Net Income	$-88,746	$192,655	-1.5%

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

N/A

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
IVONNE TIMAR	TREASURER	N/A	Director	$0	$0	$0
MIKE BROWN	PRESIDENT	N/A	Director	$0	$0	$0
SETH ADAMS	DIRECTOR	N/A	Director	$0	$0	$0
SARA SEGENT	VICE PRESIDE	N/A	Director	$0	$0	$0
BETH ROSSI	DIRECTOR	N/A	Director	$0	$0	$0
ALYSSA MARCH	DIRECTOR	N/A	Director	$0	$0	$0
JACOB MUSYT	DIRECTOR	N/A	Director	$0	$0	$0
RYAN HILL	DIRECTOR	N/A	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	$475,065	$563,811	$255,077	$-88,746
2023	$580,607	$387,952	$333,272	$192,655
2022	$425,049	$473,019	$142,022	$-47,970
2021	$382,650	$425,322	$195,698	$-42,672
2020	$438,869	$370,357	$230,877	$68,512
2019	$395,239	$406,359	$161,865	$-11,120
2018	$411,177	$437,575	$171,984	$-26,398

PARK CITY AREA RESTAURANT ASSOCIATI