James H Parke Memorial Youth Scholarship Fund

EIN: 526177268 501(c)(3)

Alexandria, VA

Total Revenue
$58,241
Total Expenses
$31,616
Total Assets
$1,312,241
Net Assets
$1,247,241
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Financial Trends

Organization Details

Formation Year
1976
Legal Domicile
DC
Principal Officer
Christopher Slawinski
Phone
7036831400
Tax Period
2019-10-01 to 2020-09-30

James H Parke Memorial Youth Scholarship Fund, founded in 1976, is a micro nonprofit that reported $58K in total revenue in fiscal year 2019. Revenue fell 28% from the prior year — a significant decline worth monitoring. The organization ran a surplus of $27K, a strong 46% operating margin.

Mission

Provide scholarships to youth VA volunteers

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Trantor Score

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2019)

Revenue Breakdown

Contributions & Grants $11,195
Program Service Revenue $0
Investment Income $47,046
Other Revenue $0
TOTAL REVENUE $58,241

Expense Breakdown

Grants Paid $22,500
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $22,500
Other Expenses $9,116
TOTAL EXPENSES $31,616

Year-over-Year Comparison

2019 2018 Change
Revenue $58,241 $81,202 -0.3%
Expenses $31,616 $22,952 +0.4%
Net Income $26,625 $58,250 -0.5%
Key Indicators
✗ Grants to Organizations ✓ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required
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Governance

Voting Members
7
Independent Members
7
Employees
N/A
Volunteers
7

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
7
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
John B Brown III President 1.00
Director
$0 $0 $0
John Kleindienst Vice President 0.10
Director
$0 $0 $0
Chris Slawinski Treasurer 1.00
Director
$0 $0 $0
Marie Rorrio Secretary 0.10
Director
$0 $0 $0
Patrica Kranzow Director 0.10
Director
$0 $0 $0
Ann Davis Director 0.10
Director
$0 $0 $0
Susan Ellis Director 0.10
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
2020 $58,241 $31,616 $1,312,241 $26,625
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