PARKWOOD ASSOCIATION

EIN: 566050285

DURHAM, NC

Total Revenue
$267,061
Total Expenses
$307,154
Total Assets
$468,756
Net Assets
$382,799
🔒

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

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
1996
Legal Domicile
NC
Principal Officer
MARSHA BROOKS
Phone
9195442161
Tax Period
2024-01-01 to 2024-12-31

PARKWOOD ASSOCIATION, founded in 1996, is a small nonprofit that reported $267K in total revenue in fiscal year 2024. Expenses of $307K exceeded revenue, resulting in a 15% operating deficit.

Mission

HOMEOWNERS' ASSOCIATION

🔒

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%)

Sign In — Free (10 views/day)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $260,550
Investment Income $2,908
Other Revenue $3,603
TOTAL REVENUE $267,061

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $277,441
Other Expenses $307,154
TOTAL EXPENSES $307,154

Year-over-Year Comparison

2024 2023 Change
Revenue $267,061 $264,088 +0.0%
Expenses $307,154 $220,113 +0.4%
Net Income $-40,093 $43,975 -1.9%
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

Sign In

Governance

Voting Members
13
Independent Members
13
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
4
$0
Total Directors
13
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
CHRIS CLASSEN BOARD MEMBER 0.50
Director
$0 $0 $0
DIANE WRIGHT BOARD MEMBER 3.50
Director
$0 $0 $0
JANIE LONG BOARD MEMBER 0.50
Director
$0 $0 $0
VICKIE WHEELER SECRETARY 12.00
Officer Director
$0 $0 $0
RICHARD EVERT BOARD MEMBER 2.00
Director
$0 $0 $0
ANDREW HUNTER BOARD MEMBER 0.50
Director
$0 $0 $0
FELIPE RODRIGUEZ BOARD MEMBER 2.00
Director
$0 $0 $0
MARSHA BROOKS PRESIDENT 10.00
Officer Director
$0 $0 $0
MARIE DEAN VICE PRESIDENT 4.00
Officer Director
$0 $0 $0
ROB SHOAF BOARD MEMBER 0.50
Director
$0 $0 $0
GEORGE GREENE TREASURER 5.00
Officer Director
$0 $0 $0
DAVID SOKAL BOARD MEMBER 0.50
Director
$0 $0 $0
LIZ SCISCO BOARD MEMBER 0.50
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 $267,061 $307,154 $468,756 $-40,093
2023 $264,088 $220,113 $544,720 $43,975
2022 $266,017 $237,077 $509,139 $28,940
2021 $266,842 $220,478 $462,113 $46,364
2020 $261,751 $212,812 $418,920 $48,939
Explore More Nonprofits
Top 100 Nonprofits in North Carolina Largest U.S. Nonprofits Best Rated Nonprofits Most Efficient Nonprofits

Compare PARKWOOD ASSOCIATION with other nonprofits in North Carolina and across the country.