LAFAYETTE PARKS FOUNDATION INC C/O BRENT TALCOTT (EIN 351940198) - 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

1994

Legal Domicile

Principal Officer

BRENT TALCOTT

Phone

7657429046

Tax Period

2024-01-01 to 2024-12-31

LAFAYETTE PARKS FOUNDATION INC C/O BRENT TALCOTT, founded in 1994, is a small nonprofit in the Philanthropy & Grantmaking sector that reported $470K in total revenue in fiscal year 2024. Revenue decreased 16% compared to the prior year. The organization ran a surplus of $119K, a strong 25% operating margin.

Mission

THE FOUNDATION SOLICITS AND ENCOURAGES DONATIONS TO ASSIST LAFAYETTE PARK PROGRAMS SUCH AS KIDS CAN, THE ZOO, DEVELOPMENT OF LOEB STADIUM AND OTHER PARK PROJECTS.

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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 $358,620

Program Service Revenue $0

Investment Income $97,330

Other Revenue $14,140

TOTAL REVENUE $470,090

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $424

Program Expenses $345,574

Other Expenses $351,393

TOTAL EXPENSES $351,393

Year-over-Year Comparison

	2024	2023	Change
Revenue	$470,090	$562,568	-0.2%
Expenses	$351,393	$299,049	+0.2%
Net Income	$118,697	$263,519	-0.5%

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
RACHEL HAZARAY	PRESIDENT	1.00	Officer Director	$0	$0	$0
ERIC LIN	VICE PRESIDE	1.00	Officer Director	$0	$0	$0
BRENT TALCOTT	TREASURER	2.00	Officer Director	$0	$0	$0
CLAUDINE LAUFMAN	SECRETARY	1.00	Officer Director	$0	$0	$0
KARA BISHOP	DIRECTOR	1.00	Director	$0	$0	$0
JAMES K RISK III	DIRECTOR	1.00	Director	$0	$0	$0
AARON SLAGEL	DIRECTOR	1.00	Director	$0	$0	$0
JOHN B SCHEUMANN JR	DIRECTOR	1.00	Director	$0	$0	$0
MATT METZGER	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	$470,090	$351,393	$5,209,443	$118,697
2023	$562,568	$299,049	$5,091,387	$263,519
2022	$634,047	$382,349	$4,827,751	$251,698
2021	$396,487	$879,512	$4,341,053	$-483,025
2020	$692,259	$443,076	$4,824,078	$249,183
2019	$790,872	$923,970	$4,574,895	$-133,098
2018	$1,157,981	$399,115	$4,707,881	$758,866

LAFAYETTE PARKS FOUNDATION INC C/O BRENT TALCOTT