Virginia Recreation and Park Found… - Form 990 Financial Data

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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

1984

Legal Domicile

Principal Officer

Darrell Crittendon

Phone

8047309447

Tax Period

2024-01-01 to 2024-12-31

Virginia Recreation and Park Foundation, founded in 1984, is a micro nonprofit that reported $67K in total revenue in fiscal year 2024. Revenue surged 24% from the prior year, signaling strong growth momentum. The organization ran a surplus of $31K, a strong 47% operating margin.

Mission

Promoting and improving leisure opportunities and amenities in Virginia. Futhering the course of research and development in all areas of leisure in Virginia.

Program Service Accomplishments

Program 1

Expenses: $13,376

Support of the mission statement

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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%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $53,599

Program Service Revenue $0

Investment Income $13,119

Other Revenue $0

TOTAL REVENUE $66,718

Expense Breakdown

Grants Paid $13,376

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $13,376

Other Expenses $22,034

TOTAL EXPENSES $35,410

Year-over-Year Comparison

	2024	2023	Change
Revenue	$66,718	$53,605	+0.2%
Expenses	$35,410	$30,473	+0.2%
Net Income	$31,308	$23,132	+0.4%

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

Governance

Voting Members

Independent Members

Employees

N/A

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Darrell Crittendon	President	002.00	Officer Director	$0	$0	$0
Charles Hester	Vice President	002.00	Officer Director	$0	$0	$0
Dan Smith	Treasurer	002.00	Director	$0	$0	$0
Sharon Entsminger	Director	002.00	Director	$0	$0	$0
Amy-Jo Hendrix	Director	002.00	Director	$0	$0	$0
Brian Laws	Director	002.00	Director	$0	$0	$0
Aaron Reidmiller	Director	002.00	Director	$0	$0	$0
Shannon Moore	Director	002.00	Director	$0	$0	$0
Carol Steele	Director	002.00	Director	$0	$0	$0
Greg Sager	Director	002.00	Director	$0	$0	$0
Bill Sgrinia	Director	002.00	Director	$0	$0	$0
Dan Caston	Director	002.00	Director	$0	$0	$0
Beth Wood-Whitley	Director	002.00	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
2024	$66,718	$35,410	$481,195	$31,308
2023	$53,605	$30,473	$421,624	$23,132
2022	$20,377	$20,500	$357,795	$-123
2021	$30,899	$23,014	$416,837	$7,885
2020	$39,363	$86,539	$363,443	$-47,176
2019	$65,971	$25,672	$399,528	$40,299
2018	$51,980	$25,473	$325,048	$26,507

Virginia Recreation and Park Foundation