WILLISTON PARKS & RECREATION FOUNDATION INC (EIN 450434754) - Form 990 Financial Analysis & Trantor Score

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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

1995

Legal Domicile

Principal Officer

LORRI AMSDEN

Phone

7017749773

Tax Period

2024-01-01 to 2024-12-31

WILLISTON PARKS & RECREATION FOUNDATION INC, founded in 1995, is a small nonprofit in the Community Improvement sector that reported $299K in total revenue in fiscal year 2024. Revenue fell 26% from the prior year — a significant decline worth monitoring.

Mission

THE FOUNDATION PARTNERS WITH THE WILLISTON PARKS AND RECREATION DISTRICT TO BUILD RELATIONSHIPS WITH DONORS, OTHER ORGANIZATIONS, AND THE COMMUNITY; PROVIDING SUPERIOR PARKS, FACILITIES, AND PROGRAMS FOR ALL TO ENJOY AN ACTIVE LIFE.

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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 $268,791

Program Service Revenue $0

Investment Income $834

Other Revenue $29,373

TOTAL REVENUE $298,998

Expense Breakdown

Grants Paid $299,598

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $300,348

Other Expenses $3,981

TOTAL EXPENSES $303,579

Year-over-Year Comparison

	2024	2023	Change
Revenue	$298,998	$403,234	-0.3%
Expenses	$303,579	$430,336	-0.3%
Net Income	$-4,581	$-27,102	-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

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
LORRI AMSDEN	PRESIDENT	0.25	Officer Director	$0	$0	$0
SKYE OLSEN	VICE PRESIDENT	0.25	Officer Director	$0	$0	$0
RHONDA LUDLUM	SECRETARY/TREASURER	0.25	Officer Director	$0	$0	$0
KELLY HELLER	EX OFFICIO WPRD BOARD REP	0.25	Director	$0	$0	$0
JOE BARSH	EX OFFICIO WPRD BOARD REP	0.25	Director	$0	$0	$0
BRAD KRENZ	BOARD MEMBER	0.25	Director	$0	$0	$0
JUSTIN GRAHAM	BOARD MEMBER	0.25	Director	$0	$0	$0
KAREN GUGLICH	BOARD MEMBER	0.25	Director	$0	$0	$0
PACE BATES	BOARD MEMBER	0.25	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
2024	$298,998	$303,579	$120,538	$-4,581
2023	$403,234	$430,336	$125,119	$-27,102

WILLISTON PARKS & RECREATION FOUNDATION INC