Parker Performing Arts School

EIN: 472141843 501(c)(3) Education

Englewood, CO

Total Revenue
$9,648,518
Total Expenses
$9,657,850
Total Assets
$21,380,465
Net Assets
$-8,734,881
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2015
Legal Domicile
CO
Principal Officer
Philip Molfino
Phone
7207097400
Tax Period
2024-07-01 to 2025-06-30

Parker Performing Arts School, founded in 2015, is a community nonprofit in the Education sector that reported $9.6M in total revenue in fiscal year 2024. Revenue grew 9% year-over-year, indicating healthy expansion.

Mission

Parker Performing Arts School equips students to become independent creative thinkers, critical problem solvers, and successful collaborators. In our safe learning environment, students engage in rich and innovative instruction in academics and the performing arts in preparation for their roles as citizens of a diverse and increasingly globalized community.

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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%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $496,291
Program Service Revenue $8,941,348
Investment Income $111,418
Other Revenue $99,461
TOTAL REVENUE $9,648,518

Expense Breakdown

Grants Paid $0
Salaries & Benefits $5,797,628
Fundraising Expenses $0
Program Expenses $5,046,352
Other Expenses $3,860,222
TOTAL EXPENSES $9,657,850

Year-over-Year Comparison

2024 2023 Change
Revenue $9,648,518 $8,837,644 +0.1%
Expenses $9,657,850 $9,033,333 +0.1%
Net Income $-9,332 $-195,689 -1.0%
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

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Governance

Voting Members
6
Independent Members
6
Employees
98
Volunteers
400

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
5
$145,560
Total Directors
6
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Rochonne Sanchez President 2.00
Officer Director
$0 $0 $0
JT Adamson Treasurer 2.00
Officer Director
$0 $0 $0
Edgar Acosta Vice President 2.00
Officer Director
$0 $0 $0
Stephanie Cooke Secretary 2.00
Officer Director
$0 $0 $0
Ashley Lonsdale Director 2.00
Director
$0 $0 $0
Chantae Thomas Director 2.00
Director
$0 $0 $0
Philip Molfino Principal 40.00
Officer
$145,560 $0 $145,560
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 $9,648,518 $9,657,850 $21,380,465 $-9,332
2024 $8,837,644 $9,033,333 $21,821,441 $-195,689
2023 $8,303,521 $8,024,269 $21,742,246 $279,252
2022 $10,865,386 $7,916,312 $21,049,507 $2,949,074
2021 $11,068,037 $8,458,784 $22,472,826 $2,609,253
2020 $8,535,208 $7,671,730 $3,584,807 $863,478
2019 $7,625,817 $11,139,438 $6,329,802 $-3,513,621
2018 $7,000,983 $14,070,202 $12,910,133 $-7,069,219
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