NATIONAL PARKING ASSOCIATION

EIN: 530215136

WASHINGTON, DC

Total Revenue
$4,538,901
Total Expenses
$3,841,542
Total Assets
$4,107,124
Net Assets
$2,797,352
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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
1953
Legal Domicile
DC
Principal Officer
CHRISTINE BANNING
Phone
2022964336
Tax Period
2024-01-01 to 2024-12-31

NATIONAL PARKING ASSOCIATION, founded in 1953, is a community nonprofit that reported $4.5M in total revenue in fiscal year 2024. Revenue surged 25% from the prior year, signaling strong growth momentum. The organization ran a surplus of $697K, a strong 15% operating margin.

Mission

TO PROMOTE AND EDUCATE THE PUBLIC REGARDING THE PARKING INDUSTRY.

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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 $0
Program Service Revenue $4,350,880
Investment Income $154,777
Other Revenue $33,244
TOTAL REVENUE $4,538,901

Expense Breakdown

Grants Paid $0
Salaries & Benefits $2,164,659
Fundraising Expenses $0
Other Expenses $1,676,883
TOTAL EXPENSES $3,841,542

Year-over-Year Comparison

2024 2023 Change
Revenue $4,538,901 $3,641,415 +0.2%
Expenses $3,841,542 $3,378,073 +0.1%
Net Income $697,359 $263,342 +1.6%
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
18
Independent Members
18
Employees
9
Volunteers
36

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
8
$484,034
Total Directors
18
$0
Key Employees
0
$0
Highest Compensated
5
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
ROBERT ZURITSKY CHAIR 5.00
Officer Director
$0 $0 $0
BEN MONTGOMERY CHAIR ELECT 5.00
Officer Director
$0 $0 $0
CHARLES A BASSETT VICE CHAIR 5.00
Officer Director
$0 $0 $0
TOM CARTER 2ND VICE CHAIR 5.00
Officer Director
$0 $0 $0
BRIAN G BUSH TREASURER 1.00
Officer Director
$0 $0 $0
JUAN RODRIGUEZ SECRETARY 1.00
Officer Director
$0 $0 $0
FRANK CHING ASSISTANT SECRETARY 1.00
Officer Director
$0 $0 $0
MARC BAUMANN IMMEDIATE PAST CHAIR 1.00
Director
$0 $0 $0
MATT ADEY DIRECTOR 1.00
Director
$0 $0 $0
RUTH BEAMAN DIRECTOR 1.00
Director
$0 $0 $0
MANUEL CHAVEZ DIRECTOR 1.00
Director
$0 $0 $0
ADAM COCHRAN DIRECTOR 1.00
Director
$0 $0 $0
DAVID DAMUS DIRECTOR 1.00
Director
$0 $0 $0
ALEX ISRAEL DIRECTOR 1.00
Director
$0 $0 $0
KEITH B JONES DIRECTOR 1.00
Director
$0 $0 $0
ALAN B LAZOWSKI DIRECTOR 1.00
Director
$0 $0 $0
THOMAS D LEATHERS DIRECTOR 1.00
Director
$0 $0 $0
GARY W LEWIS JR DIRECTOR 1.00
Director
$0 $0 $0
CHRISTINE BANNING PRESIDENT & CEO 50.00
Officer
$442,189 $41,845 $484,034
EAMON CONNOR DIR OF PROFESSIONAL DEVELOPMENT 40.00
Highest
$121,604 $30,276 $151,880
STACY HUDSON DIR OF BUSINESS DEVELOPMENT 40.00
Highest
$161,469 $29,891 $191,360
PESHIE CHAIFETZ DIR OF COMMUNICATIONS 40.00
Highest
$103,404 $23,097 $126,501
JOHN D BECHTOLD VP MARKETING & COMMUNICATIONS 40.00
Highest
$136,900 $30,909 $167,809
JENNIFER P DAVLIN CHIEF BUSINESS OFFICER 40.00
Highest
$385,079 $37,204 $422,283
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 $4,538,901 $3,841,542 $4,107,124 $697,359
2023 $3,641,415 $3,378,073 $3,880,894 $263,342
2022 $3,204,978 $3,028,435 $2,552,047 $176,543
2021 $3,146,199 $2,954,090 $2,660,652 $192,109
2020 $2,150,105 $2,366,669 $1,993,381 $-216,564
2019 $3,548,265 $3,487,423 $2,649,152 $60,842
2018 $3,342,206 $3,277,920 $2,291,634 $64,286
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