PARKLANDS FOUNDATION INC

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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

MICHAEL MCKINLEY

Phone

3094543169

Tax Period

2024-03-01 to 2025-02-28

PARKLANDS FOUNDATION INC, founded in 1967, is a small nonprofit that reported $748K in total revenue in fiscal year 2024. Revenue grew 14% year-over-year, indicating healthy expansion. The organization ran a surplus of $377K, a strong 50% operating margin.

Mission

TO PRESERVE, PROTECT, AND ECOLOGICALLY RESTORE HISTORIC NATURAL LANDS IN THE MIDDLE AND UPPER MACKINAW VALLEY WATERSHED.

Program Service Accomplishments

Program 1

Expenses: $285,042 Revenue: $37,933

AQUISITION, HOLDING, AND MAINTENANCE OF FORESTED AND SIMILAR RECREATIONAL LAND, FACILITIES USED BY UNKNOWN NUMBERS OF SCOUT TROOPS, SCHOOL CLASSES, ETC.

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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 $624,688

Program Service Revenue $36,433

Investment Income $67,245

Other Revenue $19,745

TOTAL REVENUE $748,111

Expense Breakdown

Grants Paid $0

Salaries & Benefits $173,399

Fundraising Expenses $27,195

Program Expenses $285,042

Other Expenses $197,420

TOTAL EXPENSES $370,819

Year-over-Year Comparison

	2024	2023	Change
Revenue	$748,111	$654,368	+0.1%
Expenses	$370,819	$346,770	+0.1%
Net Income	$377,292	$307,598	+0.2%

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

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

$129,646

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
PAUL VAN NESS	DIRECTOR	1.00	Director	$0	$0	$0
ROGER ANDERSON	HONORARY DIRECTOR	1.00	Director	$0	$0	$0
GUY FRAKER	HONORARY DIRECTOR	1.00	Director	$0	$0	$0
FRANCIS SANDERS	STEWARDSHIP CHAIR	1.00	Director	$0	$0	$0
MICHAEL MCKINLEY	TREASURER	1.00	Officer Director	$0	$0	$0
JAMES FRANKS	SECRETARY	1.00	Officer Director	$0	$0	$0
SHANNON FULTON	PRESIDENT	1.00	Officer Director	$0	$0	$0
MICHAEL DOHERTY	DIRECTOR	1.00	Director	$0	$0	$0
KEITH PLUYMERS	DIRECTOR	1.00	Director	$0	$0	$0
DEE FRAUTSCHI	DIRECTOR	1.00	Director	$0	$0	$0
VASUDHA GADHIRAJU	DIRECTOR	1.00	Director	$0	$0	$0
TRACY SHEPARD	DIRECTOR	1.00	Director	$0	$0	$0
MARY JO ADAMS	OUTREACH CHAIR	1.00	Director	$0	$0	$0
CHUCK CROXTON	DIRECTOR	1.00	Director	$0	$0	$0
DAN DENEEN	DIRECTOR	1.00	Director	$0	$0	$0
JEFF HOWARD	DIRECTOR	1.00	Director	$0	$0	$0
HERB WISER	DIRECTOR	1.00	Director	$0	$0	$0
JASON SHOEMAKER	LAND STEWARD	40.00	Key Emp	$63,356	$1,911	$65,267
ERIN HERBEZ	ADMIN. DIRECTOR	40.00	Key Emp	$62,494	$1,885	$64,379

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	$748,111	$370,819	$8,321,712	$377,292
2024	$654,368	$346,770	$7,823,803	$307,598
2023	$333,444	$323,584	$6,115,087	$9,860
2022	$1,017,186	$284,654	$6,208,735	$732,532
2021	$543,558	$269,996	$5,981,725	$273,562
2020	$320,163	$261,135	$5,588,638	$59,028
2019	$260,062	$204,750	$5,612,356	$55,312