Forest Park Foundation

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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

2017

Legal Domicile

Principal Officer

Becky Waters

Phone

9062144695

Tax Period

2025-01-01 to 2025-12-31

Forest Park Foundation, founded in 2017, is a micro nonprofit in the Education sector that reported $69K in total revenue in fiscal year 2025. Revenue surged 63% from the prior year, signaling strong growth momentum. The organization ran a surplus of $46K, a strong 67% operating margin.

Mission

RECEIVE AND INVEST SCHOLARSHIP FUNDS, DISTRIBUTE SCHOLARSHIP DIVIDENDS TO FOREST PARK GRADUATES THAT HAVE APPLIED AND HAVE BEEN AWARDED SCHOLARSHIPS ACCORDING TO THE GUIDELINES OF EACH INDIVIDUAL SCHOLARSHIP.

Program Service Accomplishments

Program 1

Expenses: $22,391

THE FOUNDATION HAS GROWN IN VALUE FROM $14,000 TO OVER $1,384,000 BY 2025. IN 2025 AND 2024, SCHOLARSHIPS TOTALING $22,149 AND $40,697 WERE AWARDED TO SEVEN AND FIVE RECIPIENTS, RESPECTIVELY.

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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 (2025)

Revenue Breakdown

Contributions & Grants $14,950

Program Service Revenue $0

Investment Income $53,561

Other Revenue $0

TOTAL REVENUE $68,511

Expense Breakdown

Grants Paid $22,149

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $22,391

Other Expenses $742

TOTAL EXPENSES $22,891

Year-over-Year Comparison

	2025	2024	Change
Revenue	$68,511	$42,035	+0.6%
Expenses	$22,891	$41,352	-0.4%
Net Income	$45,620	$683	+65.8%

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

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
Kathy Stankewicz	Treasurer	3.00	Officer Director	$0	$0	$0
Britt Brozak	Secretary	0.50	Officer Director	$0	$0	$0
Becky Waters	President	5.00	Officer Director	$0	$0	$0
Daryl Waters	Director	0.50	Director	$0	$0	$0
Jim Nocerini	Director	1.00	Director	$0	$0	$0
Michelle Thomson	Director	0.50	Director	$0	$0	$0
Stacy Gasperich	Director	0.50	Director	$0	$0	$0
Kristine Rivard	Director	0.50	Director	$0	$0	$0
Kaitlin Cvengros	Director	0.50	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	$68,511	$22,891	$1,389,338	$45,620
2024	No data	No data	No data	No data
2023	$129,119	$12,551	$1,073,898	$116,568
2022	$386,600	$12,703	$1,007,518	$373,897
2021	$85,385	$15,028	$1,016,679	$70,357
2020	$126,172	$9,581	$765,714	$116,591
2019	$299,468	$2,895	$519,303	$296,573