GAINESVILLE ARTS & PARKS FOUNDATION

EIN: 474370077 501(c)(3)

GAINESVILLE, FL

Total Revenue
$2,234
Total Expenses
$92,159
Total Assets
N/A
Net Assets
N/A
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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
2015
Legal Domicile
FL
Principal Officer
Steven L Yucht
Phone
3522151392
Tax Period
2023-01-01 to 2023-12-31

GAINESVILLE ARTS & PARKS FOUNDATION, founded in 2015, is a micro nonprofit that reported $2K in total revenue in fiscal year 2023. Revenue fell 40% from the prior year — a significant decline worth monitoring. Expenses of $92K exceeded revenue, resulting in a 4025% operating deficit.

Mission

Support City of Gainesville Parks, Recreation and Cultural Affairs Department as an ally in advocacy and fundraising.

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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 (2023)

Revenue Breakdown

Contributions & Grants $85
Program Service Revenue $0
Investment Income $2,149
Other Revenue $0
TOTAL REVENUE $2,234

Expense Breakdown

Grants Paid $89,176
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $89,176
Other Expenses $2,983
TOTAL EXPENSES $92,159

Year-over-Year Comparison

2023 2022 Change
Revenue $2,234 $3,750 -0.4%
Expenses $92,159 $1,855 +48.7%
Net Income $-89,925 $1,895 -48.5%
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
2
Independent Members
2
Employees
N/A
Volunteers
2

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
0
$0
Total Directors
2
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
STEVEN L YUCHT PRESIDENT 1
Director
$0 $0 $0
DON DAVIS TREASURER 1
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
2023 $2,234 $92,159 No data $-89,925
2022 $3,750 $1,855 $258,570 $1,895
2021 $11,439 $6,620 $264,759 $4,819
2020 $121,028 $129,364 $258,066 $-8,336
2019 $30,658 $16,113 $266,403 $14,545
2018 $83,124 $44,333 $251,064 $38,791
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