PARKLAND FOUNDATION

EIN: 752089180 501(c)(3) Health Care

DALLAS, TX

Total Revenue
$23,161,710
Total Expenses
$18,535,691
Total Assets
$49,609,751
Net Assets
$48,129,343
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1985
Legal Domicile
TX
Principal Officer
Michael Horne
Phone
2142662110
Tax Period
2024-10-01 to 2025-09-30

PARKLAND FOUNDATION, founded in 1985, is a mid-sized nonprofit in the Health Care sector that reported $23.2M in total revenue in fiscal year 2024. Revenue surged 23% from the prior year, signaling strong growth momentum. The organization ran a surplus of $4.6M, a strong 20% operating margin.

Mission

Parkland Health Foundation secures substantial philanthropic investments to enable Parkland Healthto advance a national standard of excellence in public healthcare.

Program Service Accomplishments

Program 1
Expenses: $12,727,098

PatienT Assistence - Includes items and services that enable patients to find and benefit from health care or to be discharged successfully. These srvices could include transportation, rental of...

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PatienT Assistence - Includes items and services that enable patients to find and benefit from health care or to be discharged successfully. These srvices could include transportation, rental of certain home care medical equipment, food and small appliances.

Program 2
Expenses: $390,195

Parkland Center for Clinical Innovation: Funding the Parkland Center for Clinical Innovation's efforts to collect and analyze public health data in specific patient populations in Dallas County.

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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%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $20,642,691
Program Service Revenue $0
Investment Income $2,519,019
Other Revenue $0
TOTAL REVENUE $23,161,710

Expense Breakdown

Grants Paid $13,117,293
Salaries & Benefits $4,453,259
Fundraising Expenses $3,260,002
Program Expenses $13,117,293
Other Expenses $716,266
TOTAL EXPENSES $18,535,691

Year-over-Year Comparison

2024 2023 Change
Revenue $23,161,710 $18,826,365 +0.2%
Expenses $18,535,691 $13,148,359 +0.4%
Net Income $4,626,019 $5,678,006 -0.2%
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

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Governance

Voting Members
26
Independent Members
25
Employees
28
Volunteers
27

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
5
$841,406
Total Directors
29
$1,214,501
Key Employees
2
$501,421
Highest Compensated
5
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
FREDERICK P CERISE MD President & CEO PHS 1.0
Director
$0 $79,806 $1,214,501
MICHAEL HORNE PRESIDENT & CEO FOUNDATION 45.0
Officer
$0 $23,020 $386,234
MELISSA ATKINSON VP/CSIO 45.0
Key Emp
$0 $31,949 $278,259
Marsha Beasley VP/CFO 45.0
Officer
$0 $28,406 $230,525
JILL HASSMANN VP/COO 45.0
Officer
$0 $13,236 $224,647
DANIEL SULLIVAN VP/CAO 45.0
Key Emp
$0 $20,410 $223,162
BETH SAVAGE Director OF ENGAGEMENT 45.0
Highest
$0 $25,914 $190,572
JEFFREY LOBER DIRECTOR OF OPERATION 45.0
Highest
$0 $18,847 $172,191
JEANNE ELISABETH DEXTER VP CHIEF ADVNCMNT FOUNDATION 45.0
Highest
$0 $24,895 $167,692
LEAH ALLEN DIRECTOR OF ADVANCEMENT 45.0
Highest
$0 $13,515 $146,032
SAMANTA BARAKAT Dir of PHILANTHROPY 45.0
Highest
$0 $15,754 $115,800
ANNE MACDONALD BOARD MEMBER 1.0
Director
$0 $0 $0
MARJORIE PETTY BOARD MEMBER 1.0
Director
$0 $0 $0
DR ANN STUART Board Member 1.0
Director
$0 $0 $0
CHRISTINA EUBANKS Board Member 1.0
Director
$0 $0 $0
DAVE FOLZ BOARD CHAIR 1.0
Officer Director
$0 $0 $0
RICHARD TRUBITT Board MEMBER 1.0
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
MARY ANN BLOME BOARD MEMBER 1.0
Director
$0 $0 $0
BRIANNA HINOJOSA-SMITH BOARD MEMBER 1.0
Director
$0 $0 $0
GINA CULPEPPR 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
TRUDY TURNER 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
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
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
2025 $23,161,710 $18,535,691 $49,609,751 $4,626,019
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
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