WEST LAFAYETTE PARKS AND RECREATION FOUNDATION INC

EIN: 351950651 501(c)(3) Recreation & Sports

WEST LAFAYETTE, IN

Total Revenue
$202,978
Total Expenses
$86,716
Total Assets
$3,552,244
Net Assets
$3,202,244
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1972
Legal Domicile
IN
Principal Officer
BRANDT PATZ
Phone
7657755110
Tax Period
2023-01-01 to 2023-12-31

WEST LAFAYETTE PARKS AND RECREATION FOUNDATION INC, founded in 1972, is a small nonprofit in the Recreation & Sports sector that reported $203K in total revenue in fiscal year 2023. Revenue fell 72% from the prior year — a significant decline worth monitoring. The organization ran a surplus of $116K, a strong 57% operating margin.

Mission

TO SOLICIT, RECEIVE, AND PROVIDE FUNDS AND/OR PROPERTY, AND TO RECEIVE GIFTS, BEQUESTS, AND MEMORIALS FOR SECURING, MAINTAINING, AND INFORMING THE PUBLIC ABOUT FACILITIES AND PROGRAMS PROVIDED BY THE PARKS AND RECREATION DEPARTMENT OF THE CITY OF WEST LAFAYETTE, INDIANA.

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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 (2023)

Revenue Breakdown

Contributions & Grants $192,820
Program Service Revenue $0
Investment Income $5,130
Other Revenue $5,028
TOTAL REVENUE $202,978

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $79,648
Other Expenses $86,716
TOTAL EXPENSES $86,716

Year-over-Year Comparison

2023 2022 Change
Revenue $202,978 $726,876 -0.7%
Expenses $86,716 $43,831 +1.0%
Net Income $116,262 $683,045 -0.8%
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
9
Independent Members
9
Employees
N/A
Volunteers
45

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
4
$0
Total Directors
9
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
MARTIN JISCHKE DIRECTOR 0.50
Director
$0 $0 $0
TOM TURPIN DIRECTOR 0.50
Director
$0 $0 $0
JOAN LOW DIRECTOR 0.50
Director
$0 $0 $0
CHRIS LADISCH DIRECTOR 0.50
Director
$0 $0 $0
CLAY KOEHLER VICE-PRESIDE 0.50
Officer Director
$0 $0 $0
JAMES WHELAN DIRECTOR 0.50
Director
$0 $0 $0
BRANDT PATZ PRESIDENT 1.50
Officer Director
$0 $0 $0
CHRIS BRADFORD TREASURER 0.50
Officer Director
$0 $0 $0
DUSTIN SMITH DIRECTOR 0.50
Director
$0 $0 $0
KATHRYN LOZANO EXECUTIVE DI 5.00
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
2024 No data No data No data No data
2023 $202,978 $86,716 $3,552,244 $116,262
2022 $726,876 $43,831 $3,435,982 $683,045
2021 $33,558 $37,367 $2,752,937 $-3,809
2020 $15,082 $11,348 $2,756,746 $3,734
2019 $36,706 $61,474 $2,753,012 $-24,768
2018 $70,147 $9,751 $2,777,780 $60,396
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