HIGHLAND PARK QUALITY OF LIFE FOUN… - 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

1983

Legal Domicile

Principal Officer

LAURENCE NIXON

Phone

2145214161

Tax Period

2023-01-01 to 2023-12-31

HIGHLAND PARK QUALITY OF LIFE FOUNDATION INC, founded in 1983, is a small nonprofit in the Community Improvement sector that reported $125K in total revenue in fiscal year 2023. Revenue surged 28% from the prior year, signaling strong growth momentum. The organization ran a surplus of $69K, a strong 55% operating margin.

Mission

FUNDING OF VARIOUS PROGRAM SERVICES TO THE TOWN OF HIGHLAND PARK

Program Service Accomplishments

Program 1

Expenses: $54,393

GRANTS TO TOWN OF HIGHLAND PARK TO FUND HIGHLAND PARK LIBRARY AND ACTIVITIES ASSOCIATED WITH THE TOWN OF HIGHLAND PARK

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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 (2023)

Revenue Breakdown

Contributions & Grants $2,000

Program Service Revenue $0

Investment Income $122,729

Other Revenue $0

TOTAL REVENUE $124,729

Expense Breakdown

Grants Paid $32,609

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $54,393

Other Expenses $23,064

TOTAL EXPENSES $55,673

Year-over-Year Comparison

	2023	2022	Change
Revenue	$124,729	$97,143	+0.3%
Expenses	$55,673	$146,938	-0.6%
Net Income	$69,056	$-49,795	-2.4%

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
STEPHANIE BAKER	VICE PRESIDENT	1.00	Officer Director	$0	$0	$0
LAURENCE W NIXON	PRESIDENT	1.00	Officer Director	$0	$0	$0
MARGO GOODWIN	DIRECTOR	1.00	Director	$0	$0	$0
ROBERT FARROW	DIRECTOR	1.00	Director	$0	$0	$0
LYDIA NOVAKOV	DIRECTOR	1.00	Director	$0	$0	$0
LINDA CUSTARD	DIRECTOR	1.00	Director	$0	$0	$0
GAIL MADDEN	DIRECTOR	1.00	Officer Director	$0	$0	$0
DONALD SNELL	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
2024	No data	No data	No data	No data
2023	$124,729	$55,673	$2,816,250	$69,056
2022	$97,143	$146,938	$2,747,168	$-49,795
2021	$86,271	$26,091	$2,796,890	$60,180
2020	$83,623	$16,606	$2,736,710	$67,017
2019	$1,078,930	$17,597	$2,669,693	$1,061,333
2018	$54,065	$13,843	$1,608,360	$40,222

HIGHLAND PARK QUALITY OF LIFE FOUNDATION INC