Bloomington Community Park And Rec… - Form 990 Financial Data

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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

1967

Legal Domicile

Principal Officer

Chris Hawk

Phone

8123493700

Tax Period

2023-01-01 to 2023-12-31

Bloomington Community Park And Recreation Foundation Inc, founded in 1967, is a small nonprofit in the Philanthropy & Grantmaking sector that reported $169K in total revenue in fiscal year 2023. Revenue fell 57% from the prior year — a significant decline worth monitoring. Expenses of $859K exceeded revenue, resulting in a 409% operating deficit.

Mission

To support programs of the City of Bloomington Parks and Recreation Department.

Program Service Accomplishments

Program 1

Expenses: $857,183

To provide funding to enhance park experiences for all segments of the Bloomington community.

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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 (2023)

Revenue Breakdown

Contributions & Grants $162,543

Program Service Revenue $0

Investment Income $6,161

Other Revenue $0

TOTAL REVENUE $168,704

Expense Breakdown

Grants Paid $847,441

Salaries & Benefits $0

Fundraising Expenses $664

Program Expenses $857,183

Other Expenses $11,369

TOTAL EXPENSES $858,810

Year-over-Year Comparison

	2023	2022	Change
Revenue	$168,704	$389,647	-0.6%
Expenses	$858,810	$193,741	+3.4%
Net Income	$-690,106	$195,906	-4.5%

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

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
David Skirvin	President	3.00	Officer Director	$0	$0	$0
Tony Rastall	Vice President	3.00	Officer Director	$0	$0	$0
Erin Martoglio	Secretary	3.00	Officer Director	$0	$0	$0
Chris Hawk	Treasurer	3.00	Officer Director	$0	$0	$0
Sally Baird	Director	1.00	Director	$0	$0	$0
Doug Bruce	Director	1.00	Director	$0	$0	$0
John Carter	Director	1.00	Director	$0	$0	$0
Les Coyne	Director	1.00	Director	$0	$0	$0
Debbie Lemon	Director	1.00	Director	$0	$0	$0
Beth Matney	Director	1.00	Director	$0	$0	$0
Aaron Mobley	Director	1.00	Director	$0	$0	$0
Tony Mobley	Director	1.00	Director	$0	$0	$0
Ben Niehoff	Director	1.00	Director	$0	$0	$0
Valerie Pena	Director	1.00	Director	$0	$0	$0
Chris Quackenbush	Director	1.00	Director	$0	$0	$0
Karin St John	Director	1.00	Director	$0	$0	$0
Jon Tichenor	Director	1.00	Director	$0	$0	$0
Travis Vencel	Director	1.00	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	No data	No data	No data	No data
2023	$168,704	$858,810	$909,080	$-690,106
2022	$389,647	$193,741	$1,599,186	$195,906
2021	$113,090	$100,315	$1,465,016	$12,775

Bloomington Community Park And Recreation Foundation Inc