THOMAS TOWNSHIP PARKS ASSOCIATION (EIN 273256648) - 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

2010

Legal Domicile

Principal Officer

DEIDRE FROLLO

Phone

9897810150

Tax Period

2024-04-01 to 2025-03-31

THOMAS TOWNSHIP PARKS ASSOCIATION, founded in 2010, is a micro nonprofit in the Recreation & Sports sector that reported $83K in total revenue in fiscal year 2024. Revenue decreased 10% compared to the prior year. The organization ran a surplus of $31K, a strong 37% operating margin.

Mission

To improve the local park system and provide recreation access to trail improve nature experiences and exercise opportunities for township residents and the surrounding area.

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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 $59,516

Program Service Revenue $0

Investment Income $23,017

Other Revenue $0

TOTAL REVENUE $82,533

Expense Breakdown

Grants Paid $52,000

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $0

Other Expenses $0

TOTAL EXPENSES $52,000

Year-over-Year Comparison

	2024	2023	Change
Revenue	$82,533	$91,392	-0.1%
Expenses	$52,000	N/A	N/A
Net Income	$30,533	$91,392	-0.7%

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

N/A

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
Angela Alworden	Director	0.00	Director	$0	$0	$0
Craig Leddy	Director	0.00	Director	$0	$0	$0
Craig Monahan	Director	0.00	Director	$0	$0	$0
Rick Keith	Director	0.00	Director	$0	$0	$0
Deidre Frollo	Chair Treasurer	10.00	Officer	$0	$0	$0
Robert Weise	Vice Chair	2.00	Officer	$0	$0	$0
John Corriveau	Secretary	15.00	Officer	$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	$82,533	$52,000	$742,228	$30,533
2024	$91,392	No data	$711,695	No data
2023	$94,374	No data	$620,303	No data
2022	$292,778	No data	$499,621	No data

THOMAS TOWNSHIP PARKS ASSOCIATION