HEREFORD ZONE RECREATION & PARKS (EIN 521251898) - 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

2005

Legal Domicile

Principal Officer

DAVE PATRICK

Phone

4103579370

Tax Period

2023-09-01 to 2024-08-31

HEREFORD ZONE RECREATION & PARKS, founded in 2005, is a community nonprofit in the Recreation & Sports sector that reported $1.5M in total revenue in fiscal year 2023. Revenue fell 21% from the prior year — a significant decline worth monitoring. Expenses of $1.3M left a modest 12% surplus.

Mission

TO PROMOTE AND MAINTAIN PUBLIC RECREATION PROGRAMS AND SERVCIES WITHOUT REGARD FOR RACE, COLOR, GENDER, CREED, RELIGION, OR AGE IN COOPERATOIN WITH BALTIMORE COUNTY PARKS AND RECREATION DEPARTMENT

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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 (2023)

Revenue Breakdown

Contributions & Grants $42,660

Program Service Revenue $1,403,066

Investment Income $7,040

Other Revenue $3,000

TOTAL REVENUE $1,455,766

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $4,177

Program Expenses $1,271,522

Other Expenses $1,275,699

TOTAL EXPENSES $1,275,699

Year-over-Year Comparison

	2023	2022	Change
Revenue	$1,455,766	$1,844,166	-0.2%
Expenses	$1,275,699	$1,147,993	+0.1%
Net Income	$180,067	$696,173	-0.7%

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

200

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
DAVE PATRICK	PRESIDENT	0.00	Officer	$0	$0	$0
CARLA WENTZEL	VICE PRESIDENT	0.00	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
2024	$1,455,766	$1,275,699	$855,940	$180,067
2023	$1,844,166	$1,147,993	$710,109	$696,173
2022	$1,075,997	$1,155,841	$547,321	$-79,844
2021	$1,240,048	$652,595	$618,755	$587,453
2020	$705,821	$753,025	$455,227	$-47,204
2019	$1,040,876	$901,269	$508,249	$139,607
2018	$990,504	$956,695	$362,824	$33,809

HEREFORD ZONE RECREATION & PARKS