PARKS AND RECREATION COMMUNITY FOU… - Form 990 Financial Data

🔒

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

1986

Legal Domicile

Principal Officer

HOWARD HUDSON

Phone

8056874933

Tax Period

2024-09-01 to 2025-08-31

PARKS AND RECREATION COMMUNITY FOUNDATION, founded in 1986, is a micro nonprofit that reported $11K in total revenue in fiscal year 2024. Revenue grew 10% year-over-year, indicating healthy expansion. The organization ran a surplus of $2K, a strong 16% operating margin.

Mission

RECEIVE, HOLD AND USE FUNDS FOR PROJECTS AND PROGRAMS RELATED TO PARKS AND RECREATION IN SANTA BARBARA.

Program Service Accomplishments

Program 1

Expenses: $5,287 Revenue: $0

ASSISTING & PROMOTING EVENTS FOR THE PURPOSE OF EXPOSING THE COMMUNITY TO THE PROGRAMS OF THE PARKS & RECREATION PROGRAMS IN SANTA BARBARA.

🔒

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 (2024)

Revenue Breakdown

Contributions & Grants $7,300

Program Service Revenue $0

Investment Income $3,387

Other Revenue $0

TOTAL REVENUE $10,687

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $5,287

Other Expenses $8,981

TOTAL EXPENSES $8,981

Year-over-Year Comparison

	2024	2023	Change
Revenue	$10,687	$9,693	+0.1%
Expenses	$8,981	$9,513	-0.1%
Net Income	$1,706	$180	+8.5%

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

N/A

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
MARK WHITEHURST	PRESIDENT	1.00	Officer Director	$0	$0	$0
KATHY McGILL	VICE PRESIDENT	0.50	Officer Director	$0	$0	$0
HOWARD HUDSON	TREASURER	0.50	Officer Director	$0	$0	$0
ED CAVAZOS	SECRETARY	0.50	Officer Director	$0	$0	$0
JILL ZACHARY	DIRECTOR	1.00	Director	$0	$0	$0
MOLLY CARRILLO-WALKER	DIRECTOR	0.50	Director	$0	$0	$0
ERIC FRIEDMAN	DIRECTOR	0.50	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	$10,687	$8,981	$2,082,712	$1,706
2024	No data	No data	No data	No data
2023	$11,761	$9,508	$1,839,745	$2,253
2022	$7,734	$9,710	$1,883,620	$-1,976
2021	$9,519	$8,014	$1,882,537	$1,505

PARKS AND RECREATION COMMUNITY FOUNDATION