Red Line Parkway Initiative (EIN 823422252) - Form 990 Financial Analysis & Trantor Score

🔒

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

2017

Legal Domicile

Principal Officer

Thomas Wald

Phone

5122037626

Tax Period

2022-01-01 to 2022-12-31

Red Line Parkway Initiative, founded in 2017, is a small nonprofit in the Recreation & Sports sector that reported $316K in total revenue in fiscal year 2022. The organization ran a surplus of $59K, a strong 19% operating margin.

Mission

The Red Line Parkway Initiative empowers diverse communities to enjoy, develop, and enhance the Red Line Trail and Parkway corridor to serve Central Texas mobility, recreation, parks, arts, affordability, social equity, physical & mental health, public space, and economic needs.

🔒

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 (2022)

Revenue Breakdown

Contributions & Grants $290,258

Program Service Revenue $25,000

Investment Income $904

Other Revenue $0

TOTAL REVENUE $316,162

Expense Breakdown

Grants Paid $0

Salaries & Benefits $187,577

Fundraising Expenses $56,713

Program Expenses $168,861

Other Expenses $69,674

TOTAL EXPENSES $257,251

Year-over-Year Comparison

	2022	2021	Change
Revenue	$316,162	N/A	N/A
Expenses	$257,251	N/A	N/A
Net Income	$58,911	N/A	N/A

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

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

$80,446

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Thomas Wald	Executive Dir.	40.00	Director	$74,167	$6,279	$80,446
Eric Goff	Director	0.30	Director	$0	$0	$0
Claire Hempel	Director	0.50	Director	$0	$0	$0
Julio Carrillo	Director	0.60	Director	$0	$0	$0
Melissa Henao-Robledo	Director	0.90	Director	$0	$0	$0
Carly Haithcock	Director	0.50	Director	$0	$0	$0
Caitlin Smith	Director	0.30	Director	$0	$0	$0
Brianna Frey	President	2.00	Officer	$0	$0	$0
Jacob Villanueva	Vice President	3.00	Officer	$0	$0	$0
Susan Sharp	Secretary	2.00	Officer	$0	$0	$0
Anika Keswani	Treasurer	0.70	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
2022	$316,162	$257,251	$191,347	$58,911

Red Line Parkway Initiative