KETTERING PARKS FOUNDATION

EIN: 311050162 501(c)(3) Recreation & Sports

KETTERING, OH

Total Revenue
$222,517
Total Expenses
$74,542
Total Assets
$963,267
Net Assets
$711,050
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1983
Legal Domicile
OH
Principal Officer
DAVID BODARY
Phone
9372962454
Tax Period
2024-02-01 to 2025-01-31

KETTERING PARKS FOUNDATION, founded in 1983, is a small nonprofit in the Recreation & Sports sector that reported $223K in total revenue in fiscal year 2024. Revenue surged 85% from the prior year, signaling strong growth momentum. The organization ran a surplus of $148K, a strong 67% operating margin.

Mission

THE ORGANIZATION IS INVOLVED IN IMPROVING THE QUALITY OF LIFE FOR KETTERING, OHIO RESIDENTS BY SUPPLEMENTING VARIOUS COMMUNITY SERVICES PROVIDED BY THE CITY OF KETTERING'S PARKS, RECREATION AND CULTURAL ARTS DEPARTMENT; ALL KETTERING RESIDENTS CAN BENEFIT BY THESE SERVICES.

Program Service Accomplishments

Program 1
Expenses: $43,297 Revenue: $0

TO CONTRIBUTE TO THE QUALITY OF THE URBAN SETTING IN KETTERING, OHIO BY PROVIDING FINANCIAL ASSISTANCE IN THE ACQUISITION, IMPROVEMENT, PRESERVATION, CONSERVATION, AND REHABILITATION OF PUBLIC OPEN...

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TO CONTRIBUTE TO THE QUALITY OF THE URBAN SETTING IN KETTERING, OHIO BY PROVIDING FINANCIAL ASSISTANCE IN THE ACQUISITION, IMPROVEMENT, PRESERVATION, CONSERVATION, AND REHABILITATION OF PUBLIC OPEN SPACES, FACILITIES, GARDENS, PARKS, AND OTHER NATURAL RESOURCES.

Program 2
Expenses: $6,762 Revenue: $0

TO CONTRIBUTE TO THE QUALITY OF LIFE IN KETTERING, OHIO BY PROVIDING IMPLEMENTATION AND/OR DEVELOPMENT OF CULTURAL, RECREATIONAL, AND EDUCATIONAL ENRICHMENT PROGRAMS, ACTIVITIES, AND FACILITIES THAT...

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TO CONTRIBUTE TO THE QUALITY OF LIFE IN KETTERING, OHIO BY PROVIDING IMPLEMENTATION AND/OR DEVELOPMENT OF CULTURAL, RECREATIONAL, AND EDUCATIONAL ENRICHMENT PROGRAMS, ACTIVITIES, AND FACILITIES THAT BENEFIT THE HEALTH AND INDIVIDUAL LEISURE NEEDS OF PERSONS LIVING IN THE KETTERING COMMUNITY.

Program 3
Expenses: $8,341 Revenue: $0

TO CONTRIBUTE TO THE QUALITY OF LIFE IN KETTERING, OHIO BY PROVIDING FINANCIAL ASSISTANCE FOR COMMUNITY PROJECTS THAT ENHANCE THE LIVES OF ITS RESIDENTS, WITH EMPHASIS ON ITS YOUTH AND SPECIAL...

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TO CONTRIBUTE TO THE QUALITY OF LIFE IN KETTERING, OHIO BY PROVIDING FINANCIAL ASSISTANCE FOR COMMUNITY PROJECTS THAT ENHANCE THE LIVES OF ITS RESIDENTS, WITH EMPHASIS ON ITS YOUTH AND SPECIAL POPULATIONS.

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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%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $148,514
Program Service Revenue $0
Investment Income $69,255
Other Revenue $4,748
TOTAL REVENUE $222,517

Expense Breakdown

Grants Paid $24,863
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $58,400
Other Expenses $49,679
TOTAL EXPENSES $74,542

Year-over-Year Comparison

2024 2023 Change
Revenue $222,517 $120,349 +0.8%
Expenses $74,542 $56,537 +0.3%
Net Income $147,975 $63,812 +1.3%
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

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Liquidity & Cash Position

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Governance

Voting Members
10
Independent Members
10
Employees
N/A
Volunteers
4

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
3
$0
Total Directors
10
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
DAVID BODARY PRESIDENT 2
Officer Director
$0 $0 $0
WILLIAM TSCHIRHART SECRETARY 2
Officer Director
$0 $0 $0
LINDA HADLEY TREASURER 2
Officer Director
$0 $0 $0
JERRY BARNETT BOARD MEMBER 1
Director
$0 $0 $0
DAVE DUTTON BOARD MEMBER 1
Director
$0 $0 $0
MIKE ECKLEY BOARD MEMBER 1
Director
$0 $0 $0
QUINN KLINE BOARD MEMBER 1
Director
$0 $0 $0
CHERYL SHIMMIN BOARD MEMBER 1
Director
$0 $0 $0
FRANK SPOLRICH BOARD MEMBER 1
Director
$0 $0 $0
JAYNE TESTA BOARD MEMBER 1
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
2025 $222,517 $74,542 $963,267 $147,975
2024 $120,349 $56,537 $1,377,576 $63,812
2023 $83,194 $46,565 $2,120,256 $36,629
2022 $46,007 $30,525 $2,742,492 $15,482
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