PARKLAND FOUNDATION (EIN 752089180) - Form 990 Financial Analysis & Trantor Score

🔒

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

Financial Trends

Organization Details

Formation Year

1985

Legal Domicile

Principal Officer

Michael Horne

Phone

2142662110

Tax Period

2023-10-01 to 2024-09-30

PARKLAND FOUNDATION, founded in 1985, is a mid-sized nonprofit in the Health Care sector that reported $18.8M in total revenue in fiscal year 2023. Revenue grew 16% year-over-year, indicating healthy expansion. The organization ran a surplus of $5.7M, a strong 30% operating margin.

Mission

TO PROVIDE SUPPORT TO THE DALLAS COUNTY HOSPITAL DISTRICT.

🔒

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%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $17,420,492

Program Service Revenue $0

Investment Income $1,405,873

Other Revenue $0

TOTAL REVENUE $18,826,365

Expense Breakdown

Grants Paid $8,480,740

Salaries & Benefits $4,116,550

Fundraising Expenses $2,765,923

Program Expenses $8,480,740

Other Expenses $467,292

TOTAL EXPENSES $13,148,359

Year-over-Year Comparison

	2023	2022	Change
Revenue	$18,826,365	$16,260,527	+0.2%
Expenses	$13,148,359	$15,505,116	-0.2%
Net Income	$5,678,006	$755,411	+6.5%

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

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

$746,726

Total Directors

$1,123,281

Key Employees

$274,341

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
FREDERICK P CERISE MD	President & CEO PHS	1.0	Director	$0	$89,567	$1,123,281
MICHAEL HORNE	PRESIDENT & CEO FOUNDATION	45.0	Officer	$0	$19,385	$322,962
MELISSA ATKINSON	VP/CSIO	45.0	Key Emp	$0	$38,704	$274,341
Marsha Beasley	VP/CFO	45.0	Officer	$0	$34,387	$213,461
JILL HASSMANN	VP/COO	45.0	Officer	$0	$13,771	$210,303
BETH SAVAGE	Director OF ENGAGEMENT	45.0	Highest	$0	$29,535	$173,707
SCOTT LOBER	DIRECTOR,DEVELOPMENT OPERATION	45.0	Highest	$0	$20,998	$162,782
Kent Weimer	Dir of Estates and Gift Planni	45.0	Highest	$0	$19,848	$161,082
DANIEL SULLIVAN	VP/CAO	45.0	Highest	$0	$13,697	$158,393
LEAH ALLEN	DIRECTOR OF OPERATIONS	45.0	Highest	$0	$20,125	$127,834
Barbara Lord Watkins	BOARD MEMBER	1.0	Director	$0	$0	$0
DONA BAUER	BOARD MEMBER	1.0	Director	$0	$0	$0
JORGE BALDOR	Board Member	1.0	Director	$0	$0	$0
CHRISTINA EUBANKS	Board Member	1.0	Director	$0	$0	$0
DAVE FOLZ	BOARD MEMBER	1.0	Director	$0	$0	$0
RICHARD TRUBITT	Board Chair	1.0	Officer Director	$0	$0	$0
Marie DeCamp Dean	Board member	1.0	Director	$0	$0	$0
Hilda Galvan	Board Member	1.0	Director	$0	$0	$0
JESSE Jackson	Board member	1.0	Director	$0	$0	$0
LAURA GRANADO	SECRETARY	1.0	Officer Director	$0	$0	$0
BRIANNA HINOJOSA-SMITH	BOARD MEMBER	1.0	Director	$0	$0	$0
Carol Seay	Board Member	1.0	Director	$0	$0	$0
KARIN LARRAVE	BOARD MEMBER	1.0	Director	$0	$0	$0
Peter Bartholow	Treasurer	1.0	Officer Director	$0	$0	$0
LYNN MCBEE	BOARD MEMBER	1.0	Director	$0	$0	$0
DR A COMPTON BRODERS III	Board Member	1.0	Director	$0	$0	$0
MARJORIE PETTY	BOARD MEMBER	1.0	Director	$0	$0	$0
TRUDY TURNER	Board Member	1.0	Director	$0	$0	$0
JEFF CODY	BOARD MEMBER	1.0	Director	$0	$0	$0
ERIKA SALTER	BOARD MEMBER	1.0	Director	$0	$0	$0
LADONDRA WILSON	Board Member	1.0	Director	$0	$0	$0
Dr Rita Ne	Board Memeber	1.0	Director	$0	$0	$0
BARBARA ORR	Board Member	1.0	Director	$0	$0	$0
Melissa Tonn MD	Board Member	1.0	Director	$0	$0	$0
Kimberly Yamanouchi MD	Board Member	1.0	Director	$0	$0	$0
BEAU FALGOUT	BOARD MEMBER	1.0	Director	$0	$0	$0
MICHELLE GEORGE	BOARD MEMBER	1.0	Director	$0	$0	$0
ASHWINA KIRPALANI-VASANJEE	BOARD MEMBER	1.0	Director	$0	$0	$0
RENDA MATHEW	BOARD MEMBER	1.0	Director	$0	$0	$0
NIMESH MEHTA	BOARD MEMBER	1.0	Director	$0	$0	$0
RANDALL RAPP	BOARD MEMBER	1.0	Director	$0	$0	$0
CAROL DALTON	BOARD MEMBER	1.0	Director	$0	$0	$0
BRANDI SARFATIS	BOARD MEMBER	1.0	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	$18,826,365	$13,148,359	$46,529,998	$5,678,006
2023	$16,260,527	$15,505,116	$39,128,723	$755,411
2022	$20,366,937	$13,546,298	$36,669,003	$6,820,639
2021	$13,500,351	$33,637,364	$33,444,460	$-20,137,013
2020	$17,757,805	$24,994,089	$53,768,478	$-7,236,284
2019	$19,619,642	$13,018,022	$58,297,320	$6,601,620
2018	$40,486,733	$16,961,615	$51,882,549	$23,525,118

PARKLAND FOUNDATION