WHITE LAKE, MI
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)ROSA L PARKS SCHOLARSHIP FOUNDATION INC, founded in 1981, is a small nonprofit in the Education sector that reported $168K in total revenue in fiscal year 2024. Revenue fell 21% from the prior year — a significant decline worth monitoring. The organization ran a surplus of $42K, a strong 25% operating margin.
THE ROSA PARKS FOUNDATION, INC. (THE FOUNDATION) WAS ESTABLISHED IN 1981 AS A MICHIGAN NOT-FOR-PROFIT CORPORATION. ITS PURPOSE IS TO RECEIVE AND ADMINISTER FUNDS FOR GRANTING ANNUAL SCHOLARSHIPS TO GRADUATES OF MICHIGAN HIGH SCHOOLS WHO HAVE SHOWN SUPERIOR ACADEMIC SKILLS, OUTSTANDNG LEADERSHIP ABILITY AND INVOLVEMENT IN COMMUNITY SERVICE AND SCHOOL ACTIVITIES. THE FOUNDATION ALSO SUPPORTS AN INTERNSHIP PROGRAM AT THE DETROIT NEWS FOR SCHOLARSHIP AWARDEES INTERESTED IN JOURNALISM.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2024 | 2023 | Change | |
|---|---|---|---|
| Revenue | $168,500 | $212,997 | -0.2% |
| Expenses | $126,552 | $153,992 | -0.2% |
| Net Income | $41,948 | $59,005 | -0.3% |
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
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| JAMES ROSENFELD | PRESIDENT | 2.00 |
Officer
Director
|
$0 | $0 | $0 |
| WALTER MIDDLEBROOK | VICE PRESIDENT | 2.00 |
Officer
Director
|
$0 | $0 | $0 |
| MARCIA HART | SECRETARY | 4.00 |
Officer
Director
|
$0 | $0 | $0 |
| TERRI BARNETT COLEMAN | TREASURER | 4.00 |
Officer
Director
|
$0 | $0 | $0 |
| DOROTHY COCROFT | ASST. SECRETARY | 4.00 |
Officer
Director
|
$0 | $0 | $0 |
| BENITA MILLER | ASST. TREASURER | 4.00 |
Officer
Director
|
$0 | $0 | $0 |
| JON GOLDSTEIN | TRUSTEE | 2.00 |
Director
|
$0 | $0 | $0 |
| DELORA HALL TYLER | TRUSTEE | 2.00 |
Director
|
$0 | $0 | $0 |
| LUTHER KEITH | TRUSTEE | 2.00 |
Director
|
$0 | $0 | $0 |
| DANIELLE MCGUIRE | TRUSTEE | 2.00 |
Director
|
$0 | $0 | $0 |
| ISAIAH MCKINNON | TRUSTEE | 2.00 |
Director
|
$0 | $0 | $0 |
| GARY MILES | TRUSTEE | 2.00 |
Director
|
$0 | $0 | $0 |
| ALICIA NAILS | TRUSTEE | 2.00 |
Director
|
$0 | $0 | $0 |
| SHERIDA DUBOSE PARSONS | TRUSTEE | 2.00 |
Director
|
$0 | $0 | $0 |
| ROBIN SCHWARTZ | TRUSTEE | 2.00 |
Director
|
$0 | $0 | $0 |
| BARBARA K SMITH | TRUSTEE | 2.00 |
Director
|
$0 | $0 | $0 |
| ERIC THEDFORD | TRUSTEE | 2.00 |
Director
|
$0 | $0 | $0 |
| ROBERT THOMAS | TRUSTEE | 2.00 |
Director
|
$0 | $0 | $0 |
| KIM TRENT | PAST PRESIDENT | 2.00 |
Director
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2025 | $168,500 | $126,552 | $325,572 | $41,948 |
| 2024 | $212,997 | $153,992 | $283,624 | $59,005 |
| 2021 | $271,654 | $104,754 | $203,493 | $166,900 |
Compare ROSA L PARKS SCHOLARSHIP FOUNDATION INC with other nonprofits in Michigan and across the country.