CELEBRATING PARSONS INC

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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

2003

Legal Domicile

Principal Officer

JOHN DHOOGHE

Phone

6204239163

Tax Period

2019-08-01 to 2020-07-31

CELEBRATING PARSONS INC, founded in 2003, is a micro nonprofit in the Arts, Culture & Humanities sector that reported $16K in total revenue in fiscal year 2019. Revenue fell 81% from the prior year — a significant decline worth monitoring. The organization ran a surplus of $3K, a strong 18% operating margin.

Mission

TO PROMOTE AND DEVELOP THE PARSONS COMMUNITY THROUGH ACTIVITIES AND EVENTS THAT CELEBRATE ITS HERITAGE

Program Service Accomplishments

Program 1

Expenses: $12,873 Revenue: $2,814

PROMOTE AND DEVELOP THE PARSONS COMMUNITY THROUGH ACTIVITIES AND EVENTS THAT CELEBRATE ITS KATY RR HERITAGE

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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 $12,945

Program Service Revenue $2,814

Investment Income $16

Other Revenue $0

TOTAL REVENUE $15,775

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $12,873

Other Expenses $12,913

TOTAL EXPENSES $12,913

Year-over-Year Comparison

	2019	2018	Change
Revenue	$15,775	$83,449	-0.8%
Expenses	$12,913	$79,193	-0.8%
Net Income	$2,862	$4,256	-0.3%

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
JOHN DHOOGHE	PRESIDENT	1.00	Officer Director	$0	$0	$0
STEVE FARRELL	DIRECTOR	1.00	Director	$0	$0	$0
MEGAN HUGHES	SECRETARY	1.00	Officer Director	$0	$0	$0
JOHN OLSON	DIRECTOR	1.00	Director	$0	$0	$0
CRYSTAL RILEY	DIRECTOR	1.00	Director	$0	$0	$0
JACKIE SCHMID	TREASURER	1.00	Officer Director	$0	$0	$0
RICK TROTNIC	DIRECTOR	1.00	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
2020	$15,775	$12,913	$32,630	$2,862
2019	$83,449	$79,193	$29,768	$4,256