PARKWAY PARTNERS PROGRAM INC (EIN 721201864) - Form 990 Financial Analysis & Trantor Score

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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

1982

Legal Domicile

Principal Officer

MICHAEL KARAM

Phone

5044278016

Tax Period

2019-01-01 to 2019-12-31

PARKWAY PARTNERS PROGRAM INC, founded in 1982, is a micro nonprofit that reported $39K in total revenue in fiscal year 2019. Revenue fell 48% from the prior year — a significant decline worth monitoring. Expenses of $196K exceeded revenue, resulting in a 399% operating deficit.

Mission

TO EMPOWER RESIDENTS TO IMPROVE THE QUALITY OF LIFE THROUGH THE PRESERVATION, MAINTENANCE AND BEAUTIFICATION OF NEUTRAL GROUNDS, GREEN SPACE, PLAYGROUNDS, PARKS, COMMUNITY GARDENS AND THE URBAN FOREST OF THE CITY OF NEW ORLEANS.

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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 (2019)

Revenue Breakdown

Contributions & Grants $5,332

Program Service Revenue $30,176

Investment Income $2,783

Other Revenue $960

TOTAL REVENUE $39,251

Expense Breakdown

Grants Paid $60,271

Salaries & Benefits $68,574

Fundraising Expenses $9,640

Program Expenses $147,691

Other Expenses $66,836

TOTAL EXPENSES $195,681

Year-over-Year Comparison

	2019	2018	Change
Revenue	$39,251	$75,644	-0.5%
Expenses	$195,681	N/A	N/A
Net Income	$-156,430	$75,644	-3.1%

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

Governance

Voting Members

Independent Members

Employees

Volunteers

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

$23,346

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
MICHAEL KARAM	BOARD PRESIDENT	1.50	Director	$0	$0	$0
LINDSEY LABADIE	BOARD VICE PRESIDENT	1.00	Director	$0	$0	$0
NATHAN LOTT	BOARD SECRETARY	1.00	Director	$0	$0	$0
BETH TERRY	BOARD TREASURER	1.00	Director	$0	$0	$0
FLO SCHORNSTEIN	FOUNDER	2.00	Director	$0	$0	$0
LANETTE DUMAS	EXECUTIVE DIRECTOR(THRU MAY,2019)	40.00	Officer	$21,146	$2,200	$23,346

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
2019	$39,251	$195,681	No data	$-156,430
2018	$75,644	$191,423	$169,331	$-115,779

PARKWAY PARTNERS PROGRAM INC