BONNET SPRINGS PARK INC

🔒

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

2015

Legal Domicile

Principal Officer

JOSH HENDERSON

Phone

8637327000

Tax Period

2024-01-01 to 2024-12-31

BONNET SPRINGS PARK INC, founded in 2015, is a mid-sized nonprofit in the Recreation & Sports sector that reported $14.2M in total revenue in fiscal year 2024. Revenue fell 41% from the prior year — a significant decline worth monitoring. Net assets of $153.7M represent 130 months of operating reserves.

Mission

TO ENRICH OUR COMMUNITY THROUGH NATURE, CULTURE, RECREATION, AND EDUCATION.

Program Service Accomplishments

Program 1

Expenses: $12,034,325

BONNET SPRINGS PARK SERVES TO UNIFY THE CITY'S DIVERSE POPULATION, OFFERING PUBLIC SPACES THAT SERVE THE NEEDS OF MANY BY PROVIDING ENGAGING AND DIVERSE OPPORTUNITIES IN EDUCATION AND RECREATION TO RESIDENTS AND VISITORS. THE PARK IS WITHIN WALKING DISTANCE TO OUR CITY'S URBAN CORE, WHERE ART, RECREATION, FUN, AND TRANQUILITY INTERSECT BY DESIGN. THIS BLENDED URBAN/NATURAL PARK WILL PROVIDE SPACES TO ESCAPE, ENGAGE, AND EXPLORE WITH ONE ANOTHER AND WITH NATURE WHILE EXPERIENCING AND LEARNING ABOUT THE BEAUTIFUL HISTORY OF CENTRAL FLORIDA. PARK MAINTENANCE AND OPERATIONS - THE UPKEEP AND MAINTENANCE OF BONNET SPRINGS PARK GROUNDS, FACILITIES, EQUIPMENT, AND STRUCTURES. COMMUNITY OUTREACH AND EDUCATION - TO PROVIDE AWARENESS OF THE PARK THROUGH EDUCATION AND CULTURAL PROGRAMMING FOR VISITORS.

🔒

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 $10,422,919

Program Service Revenue $0

Investment Income $1,408,358

Other Revenue $2,380,893

TOTAL REVENUE $14,212,170

Expense Breakdown

Grants Paid $0

Salaries & Benefits $5,256,702

Fundraising Expenses $552,582

Program Expenses $12,034,325

Other Expenses $9,298,159

TOTAL EXPENSES $14,554,861

Year-over-Year Comparison

	2024	2023	Change
Revenue	$14,212,170	$24,199,921	-0.4%
Expenses	$14,554,861	$14,513,030	+0.0%
Net Income	$-342,691	$9,686,891	-1.0%

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

220

Volunteers

641

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

$357,137

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JACK HARRELL JRTHROUGH 624	CHAIRMAN	10.00	Officer Director	$0	$0	$0
JOHN ATTAWAYSTARTING 724	CHAIRMAN	10.00	Officer Director	$0	$0	$0
HOYT R BARNEY BARNETT	VICE CHAIRMAN	10.00	Officer Director	$0	$0	$0
WESLEY BARNETT	TREASURER	10.00	Officer Director	$0	$0	$0
JEAN BUNCH	SECRETARY	10.00	Officer Director	$0	$0	$0
HAROLD W TINSLEY	DIRECTOR	10.00	Director	$0	$0	$0
DAVID BUNCH	DIRECTOR	5.00	Director	$0	$0	$0
MARCY BENTON	DIRECTOR	3.00	Director	$0	$0	$0
MARTHA TINSLEY	DIRECTOR	3.00	Director	$0	$0	$0
KIMBERLY ELMHORST	DIRECTOR	5.00	Director	$0	$0	$0
WILLIAM VASS	DIRECTOR	3.00	Director	$0	$0	$0
NICHOLAS BARNETT	DIRECTOR	3.00	Director	$0	$0	$0
DONNA HENRICKS	DIRECTOR	10.00	Director	$0	$0	$0
JEFFREY COX SR	DIRECTOR	3.00	Director	$0	$0	$0
MARTHA SANTIAGO	DIRECTOR	3.00	Director	$0	$0	$0
JUSTIN HOLLIS	DIRECTOR	3.00	Director	$0	$0	$0
SARA ROBERTS MCCARLEY	DIRECTOR	3.00	Director	$0	$0	$0
KATHLEEN MUNSON	DIRECTOR	3.00	Director	$0	$0	$0
TIM RICE	DIRECTOR	3.00	Director	$0	$0	$0
JOSHUA HENDERSON	CEO	40.00	Officer	$321,913	$35,224	$357,137
JENNIFER ROYAL	VP OF FINANCE	40.00	Highest	$112,583	$30,366	$142,949
KIRSTEN HEIN	VP OF ENGAGEMENT	40.00	Highest	$156,383	$16,765	$173,148
WENDY STEPHENS	SENIOR DIRECTOR OF HR	40.00	Highest	$137,441	$11,650	$149,091

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	$14,212,170	$14,554,861	$154,674,111	$-342,691
2023	$24,199,921	$14,513,030	$153,343,086	$9,686,891
2022	$52,422,835	$8,841,124	$146,735,492	$43,581,711
2021	$45,755,181	$1,615,413	$103,869,673	$44,139,768
2020	$27,736,478	$1,098,517	$59,027,025	$26,637,961
2018	$3,733,818	$123,072	$12,502,688	$3,610,746