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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Financial Vulnerability Assessment (Tuckman-Chang)

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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 $298K in total revenue in fiscal year 2024. Expenses of $263K left a modest 12% surplus.

Mission

The PPA is organized under the Virginia Nonstock Corporation Act, as amended, and operates as a nonprofit, nonstock membership corporation for the purpose of owning, operating, and maintaining for the area of Springfield, Fairfax County, Virginia, a swimming pool and recreational facilities for the use of members of the Corporation and guests. The operation of the PPA is governed by all applicable law, the PPA Articles of Incorporation, these Bylaws, and the PPA Rules.

Program Service Accomplishments

Program 1

Entity offers pool management services for its members and continued to do so in the Fiscal year ended October 31, 2023. Program funds were used to own, operate, and maintain grounds and facilities...

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Entity offers pool management services for its members and continued to do so in the Fiscal year ended October 31, 2023. Program funds were used to own, operate, and maintain grounds and facilities owned by the entity and funded by its members.

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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 $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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