Forever Parks Foundation of Pearland (EIN 473392404) - 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

2014

Legal Domicile

Principal Officer

Jeff Webb

Phone

2814128900

Tax Period

2023-01-01 to 2023-12-31

Forever Parks Foundation of Pearland, founded in 2014, is a small nonprofit in the Community Improvement sector that reported $247K in total revenue in fiscal year 2023. Revenue fell 32% from the prior year — a significant decline worth monitoring. Expenses of $537K exceeded revenue, resulting in a 118% operating deficit.

Mission

Our mission is to partner with the city to establish premier parks, facilities and programs in Pearland.

🔒

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 (2023)

Revenue Breakdown

Contributions & Grants $235,959

Program Service Revenue $0

Investment Income $0

Other Revenue $10,820

TOTAL REVENUE $246,779

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $1,103

Program Expenses $464,553

Other Expenses $537,020

TOTAL EXPENSES $537,020

Year-over-Year Comparison

	2023	2022	Change
Revenue	$246,779	$362,007	-0.3%
Expenses	$537,020	$238,673	+1.3%
Net Income	$-290,241	$123,334	-3.4%

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

N/A

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

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JoAnne Knodel	Director	5.00	Director	$0	$0	$0
Bill Eisen	Director	5.00	Director	$0	$0	$0
James Jiang	Director	5.00	Director	$0	$0	$0
Nikki Kamkar	Director	5.00	Director	$0	$0	$0
Olivia Quintanilla	Director	5.00	Director	$0	$0	$0
CB Buck Stevens	Director	5.00	Director	$0	$0	$0
Kamra Kilmer	Director	5.00	Director	$0	$0	$0
Jay Merchant	Director	5.00	Director	$0	$0	$0
Winter Netters	Director	0.00	Director	$0	$0	$0
Richard Vaughan	Vice President	10.00	Officer	$0	$0	$0
Maria Albrecht	Secretary	40.00	Officer	$0	$0	$0
David Schneider	Treasurer	5.00	Officer	$0	$0	$0
Jeff Webb	President	20.00	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
2023	$246,779	$537,020	$46,438	$-290,241
2022	$362,007	$238,673	$336,579	$123,334
2021	$229,633	$32,695	$213,245	$196,938

Forever Parks Foundation of Pearland