PARLIAMENT POOL ASSOC INC

EIN: 540753373

Springfield, VA

Total Revenue
$298,047
Total Expenses
$263,198
Total Assets
$302,691
Net Assets
$246,108
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Tuckman-Chang Vulnerability Assessment

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Financial Trends

Organization Details

Formation Year
1986
Legal Domicile
VA
Phone
7039785522
Tax Period
2024-11-01 to 2025-10-31

PARLIAMENT POOL ASSOC INC, founded in 1986, is a small nonprofit that reported $253K in total revenue in fiscal year 2021. Revenue surged 28% from the prior year, signaling strong growth momentum. Expenses of $234K left a modest 7% surplus.

Mission

Community Swimming Pool Ownership & Management

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Trantor Score

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

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $201,816
Program Service Revenue $95,653
Investment Income $578
Other Revenue $0
TOTAL REVENUE $298,047

Expense Breakdown

Grants Paid $0
Salaries & Benefits $106,155
Fundraising Expenses $0
Other Expenses $157,043
TOTAL EXPENSES $263,198

Year-over-Year Comparison

2024 2023 Change
Revenue $298,047 $289,202 +0.0%
Expenses $263,198 $251,162 +0.0%
Net Income $34,849 $38,040 -0.1%
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
6
Independent Members
N/A
Employees
25
Volunteers
N/A

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
6
$0
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Edward Argenta President 0.00
Officer
$0 $0 $0
Lisa Anderson Vice President 0.00
Officer
$0 $0 $0
Erin Caines Secretary 0.00
Officer
$0 $0 $0
Michelle Stanley Treasurer 0.00
Officer
$0 $0 $0
Colin Weimer Maintenance 0.00
Officer
$0 $0 $0
Charlotte Hannagan Membership 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
2025 $298,047 $263,198 $302,691 $34,849
2024 $289,202 $245,914 $269,571 $43,288
2023 $252,807 $215,150 $227,558 $37,657
2022 $253,051 $234,181 $232,230 $18,870
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