FRIENDS OF THE CHARLOTTESVILLE ICE PARK (EIN 821110989) - Form 990 Financial Analysis & Trantor Score

🔒

Tuckman-Chang Vulnerability Assessment

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

2017

Legal Domicile

Principal Officer

ADAM HALL

Phone

4349772582

Tax Period

2023-01-01 to 2023-12-31

FRIENDS OF THE CHARLOTTESVILLE ICE PARK, founded in 2017, is a small nonprofit in the Recreation & Sports sector that reported $476K in total revenue in fiscal year 2018. Revenue decreased 20% compared to the prior year. Expenses of $427K left a modest 10% surplus.

Mission

To manage, promote, raise awareness of, raise participation at and raise funds for an ice park in the Charlottesville/Albemarle area for the communities use and enjoyment

🔒

Trantor Score

Financial Health & Payment Capacity Assessment (FICO Scale: 300–850)

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $1,000

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $1,000

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $15,465

Other Expenses $16,763

TOTAL EXPENSES $16,763

Year-over-Year Comparison

	2023	2022	Change
Revenue	$1,000	N/A	N/A
Expenses	$16,763	$19,043	-0.1%
Net Income	$-15,763	$-19,043	-0.2%

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

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
TOM CARVER	PRESIDENT	2.00	Officer	$0	$0	$0
JIM VEALE	DIRECTOR	2.00	Officer	$0	$0	$0
ADAM HALL	DIRECTOR	2.00	Officer	$0	$0	$0
PAUL MCKEE	DIRECTOR	2.00	Officer	$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	No data	No data	No data	No data
2023	$1,000	$16,763	$555,810	$-15,763
2022	No data	$19,043	$528,570	No data
2021	$1,000	$19,695	$547,613	$-18,695
2020	$2,825	$26,438	$566,309	$-23,613
2019	$165,515	$31,783	$589,921	$133,732
2018	$475,900	$426,667	$456,189	$49,233

FRIENDS OF THE CHARLOTTESVILLE ICE PARK