CASTLE PARK ASSOCIATION (EIN 380405905) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

1921

Legal Domicile

Principal Officer

JOY FOSSEL

Phone

6163352630

Tax Period

2024-01-01 to 2024-12-31

CASTLE PARK ASSOCIATION, founded in 1921, is a small nonprofit that reported $734K in total revenue in fiscal year 2024. Revenue grew 13% year-over-year, indicating healthy expansion. Expenses of $699K left a modest 5% surplus.

Mission

THE ORGANIZATION'S EXEMPT PURPOSE IS TO PROVIDE SOCIAL AND RECREATIONAL OPPORTUNITIES FOR MEMBERS. VARIOUS SERVICES AND FACILITIES ARE MADE AVAILABLE TO MEMBERSHIP.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $110,045

Program Service Revenue $616,549

Investment Income $7,418

Other Revenue $0

TOTAL REVENUE $734,012

Expense Breakdown

Grants Paid $0

Salaries & Benefits $268,359

Fundraising Expenses $0

Program Expenses $656,996

Other Expenses $430,295

TOTAL EXPENSES $698,654

Year-over-Year Comparison

	2024	2023	Change
Revenue	$734,012	$649,116	+0.1%
Expenses	$698,654	$571,659	+0.2%
Net Income	$35,358	$77,457	-0.5%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

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
JOY FOSSEL	PRESIDENT	N/A	Officer Director	$0	$0	$0
DOUG IRELAND	VICE PRESIDE	N/A	Officer Director	$0	$0	$0
JUDY KERNAHAN	SECRETARY	N/A	Officer Director	$0	$0	$0
CONNIE BURTON	DIRECTOR	N/A	Director	$0	$0	$0
BEN CONANT	DIRECTOR	N/A	Director	$0	$0	$0
TIM GRIFFIN	DIRECTOR	N/A	Director	$0	$0	$0
CLAIRE LERCHEN MINNEMAN	DIRECTOR	N/A	Director	$0	$0	$0
MARTHA GREGG	DIRECTOR	N/A	Director	$0	$0	$0
JEFF WEBB	DIRECTOR	N/A	Director	$0	$0	$0
DOUG VAHEY	TREASURER	N/A	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	$734,012	$698,654	$1,842,771	$35,358
2023	$649,116	$571,659	$1,844,068	$77,457
2022	$629,926	$533,710	$1,772,065	$96,216
2021	$527,318	$514,502	$1,707,441	$12,816
2020	$417,610	$448,997	$1,720,491	$-31,387
2019	$775,448	$463,902	$1,774,750	$311,546
2018	$459,788	$422,352	$1,483,509	$37,436

CASTLE PARK ASSOCIATION