FRIENDS OF DUGAS COMMUNITY PARK INC (EIN 811539182) - Form 990 Financial Analysis & Trantor Score

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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

2016

Legal Domicile

Principal Officer

AL BARMAN

Phone

2706224029

Tax Period

2024-01-01 to 2024-12-31

FRIENDS OF DUGAS COMMUNITY PARK INC, founded in 2016, is a small nonprofit in the Community Improvement sector that reported $529K in total revenue in fiscal year 2024. Revenue grew 8% year-over-year, indicating healthy expansion. Net assets of $5.8M represent 131 months of operating reserves.

Mission

THE ORGANIZATION IS COMMITTED TO PRESERVING AND PROTECTING DUGAS COMMUNITY PARK AND DUMONT HILL PARK WHILE PROVIDING EDUCATIONAL AND RECREATIONAL OPPORTUNITIES FOR THE REGION. IN PARTNERSHIP WITH WESTERN KENTUCKY UNIVERSITY AND THE COLLEGE HEIGHTS FOUNDATION, THE PARK WILL WORK WITH LEARNERS RANGING FROM PRE-K TO ADULTS TO PROVIDE VARIED AND MEANINGFUL LEARNING EXPERIENCES. THE PARK WILL ENCOMPASS ROUGHLY 320 ACRES AND OFFER NUMEROUS AMENITIES TO THE PUBLIC INCLUDING WALKING/HIKING TRAILS, AMPHITHEATER, FARMERS MARKET, TREE HOUSE VILLAGE, HORSEBACK RIDING TRAILS AND STABLE, AND MOUNTAIN BIKING TRAILS. THESE EXPERIENCES WILL BE INTERTWINED WITH CIVIL WAR HERITAGE, NATURAL CONSERVANCY, HEALTH AND WELLNESS, AS WELL AS AGRICULTURAL USES TO BECOME A ONE-OF-A-KIND RURAL HERITAGE 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 (2024)

Revenue Breakdown

Contributions & Grants $450,392

Program Service Revenue $29,986

Investment Income $20,736

Other Revenue $27,484

TOTAL REVENUE $528,598

Expense Breakdown

Grants Paid $0

Salaries & Benefits $229,071

Fundraising Expenses $48,937

Program Expenses $436,337

Other Expenses $291,116

TOTAL EXPENSES $520,187

Year-over-Year Comparison

	2024	2023	Change
Revenue	$528,598	$489,035	+0.1%
Expenses	$520,187	$595,243	-0.1%
Net Income	$8,411	$-106,208	-1.1%

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

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
AL BARMAN	PRESIDENT	N/A	Officer Director	$0	$0	$0
KERRI BARMAN	DIRECTOR	N/A	Officer Director	$0	$0	$0
BRIAN CARTER	DIRECTOR	N/A	Director	$0	$0	$0
RICKEY COOKSEY	SECRETARY	N/A	Director	$0	$0	$0
DELL HALL	DIRECTOR	N/A	Director	$0	$0	$0
MARK HUNTSMAN	VICE PRESIDE	N/A	Officer Director	$0	$0	$0
JANET JOHNSON	DIRECTOR	N/A	Officer Director	$0	$0	$0
MATT PEDIGO	DIRECTOR	N/A	Director	$0	$0	$0
KATHERINE SIKORA	DIRECTOR	N/A	Officer Director	$0	$0	$0
DONALD SMITH	DIRECTOR	N/A	Director	$0	$0	$0
ADAM TABOR	TREASURER	N/A	Officer Director	$0	$0	$0
RONDAL TURNER	DIRECTOR	N/A	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	No data	No data	No data	No data
2024	$528,598	$520,187	$5,776,185	$8,411
2023	$489,035	$595,243	$6,236,352	$-106,208
2022	$946,789	$545,127	$6,159,308	$401,662
2021	$521,676	$583,331	$5,738,305	$-61,655
2020	$188,505	$299,496	$3,721,101	$-110,991
2019	$206,292	$267,859	$5,837,453	$-61,567
2018	$3,563,786	$200,138	$4,724,074	$3,363,648

FRIENDS OF DUGAS COMMUNITY PARK INC