FOUNDERS PARK INC

EIN: 560812760

THOMASVILLE, NC

Total Revenue
$100,455
Total Expenses
$91,401
Total Assets
$130,675
Net Assets
$130,675
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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
1963
Legal Domicile
NC
Phone
3366874843
Tax Period
2024-10-01 to 2025-09-30

FOUNDERS PARK INC, founded in 1963, is a small nonprofit that reported $100K in total revenue in fiscal year 2024. Expenses of $91K left a modest 9% surplus.

Mission

COMMUNITY POOL FOR THE THOMASVILLE NC AREA

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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 $100,455
Investment Income $0
Other Revenue $0
TOTAL REVENUE $100,455

Expense Breakdown

Grants Paid $0
Salaries & Benefits $37,250
Fundraising Expenses $0
Program Expenses $91,401
Other Expenses $54,151
TOTAL EXPENSES $91,401

Year-over-Year Comparison

2024 2023 Change
Revenue $100,455 N/A N/A
Expenses $91,401 N/A N/A
Net Income $9,054 N/A N/A
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
11
Independent Members
11
Employees
19
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
4
$0
Total Directors
7
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
COREY REGAN BOARD MEMBER 1.00
Director
$0 $0 $0
CARMEN BLACK BOARD MEMBER 1.00
Director
$0 $0 $0
BRANDON WELCH BOARD MEMBER 1.00
Director
$0 $0 $0
ROB RUSSELL BOARD MEMBER 0.00
Director
$0 $0 $0
LAURA BRINKLEY BOARD MEMBER 1.00
Director
$0 $0 $0
JENNIFER RUDISILL BOARD MEMBER 1.00
Director
$0 $0 $0
KEVIN BLACK BOARD MEMBER 1.00
Director
$0 $0 $0
CHRISTA HICKS TREASURER 2.00
Officer
$0 $0 $0
ALAN DORSETT SECRETARY 1.00
Officer
$0 $0 $0
MICHAEL CRANFORD VICE PRESIDENT 1.00
Officer
$0 $0 $0
ALEX LAUGHLIN PRESIDENT 1.00
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 $100,455 $91,401 $130,675 $9,054
2024 $103,942 $96,153 $122,384 $7,789
2023 $85,303 $79,290 $116,333 $6,013
2022 $89,572 $86,507 $110,306 $3,065
2021 $85,602 $77,300 $106,753 $8,302
2020 $74,969 $79,067 $97,953 $-4,098
2019 $68,978 $88,796 $106,980 $-19,818
2018 $74,960 $65,366 $126,823 $9,594
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