NATIONAL PARKING ASSOCIATION

🔒

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

1953

Legal Domicile

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 SERVE AS A RESOURCE TO THE PARKING INDUSTRY AND OUR MEMBERS BY OFFERING QUALITY EDUCATION, NETWORKING OPPORTUNITIES, ADVOCACY, AND PRODUCTS AND SERVICES.

Program Service Accomplishments

Program 1

PROVIDE AND PROMOTE ANNUAL CONVENTION OF MEMBERS AND RELATED TRADE EXHIBITION.

Program 2

PROVIDE MONTHLY PERIODICAL ALONG WITH OTHER PERTINENT NEWSLETTERS AND PUBLICATIONS.

Program 3

PROMOTE EDUCATION OF MEMBER EMPLOYEES BY PROVIDING PROGRAMS FOR STUDY AND PROMOTE STANDARDS THROUGH NEW PARKING MANAGER CERTIFICATION TEST AND DESIGNATION.

🔒

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 (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

🔒

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

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

$484,034

Total Directors

Key Employees

Highest Compensated

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