AKRON PARKS COLLABORATIVE (EIN 824927742) - 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

BRIDGET AMBRISCO

Phone

3308015255

Tax Period

2023-01-01 to 2023-12-31

AKRON PARKS COLLABORATIVE, founded in 2017, is a small nonprofit in the Recreation & Sports sector that reported $983K in total revenue in fiscal year 2023. Revenue surged 83% from the prior year, signaling strong growth momentum. The organization ran a surplus of $339K, a strong 34% operating margin.

Mission

TO ENGAGE THE AKRON, OHIO COMMUNITY AROUND THE CREATION AND SUSTAINABILITY OF VIBRANT NEIGHBOORHOOD PARKS THROUGHOUT THE CITY. WE SUPPORT COMMUNITIES IN CITIZEN-LED DESIGN AND DECISION MAKING ON NEIGHBORHOOD PARK IMPROVEMENTS.

🔒

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 (2023)

Revenue Breakdown

Contributions & Grants $146,441

Program Service Revenue $810,436

Investment Income $0

Other Revenue $25,860

TOTAL REVENUE $982,737

Expense Breakdown

Grants Paid $0

Salaries & Benefits $190,829

Fundraising Expenses $47,708

Program Expenses $534,738

Other Expenses $453,330

TOTAL EXPENSES $644,159

Year-over-Year Comparison

	2023	2022	Change
Revenue	$982,737	$538,100	+0.8%
Expenses	$644,159	$438,273	+0.5%
Net Income	$338,578	$99,827	+2.4%

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

264

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

$97,087

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
ALLAN P SWEET	PRESIDENT AND SECRETARY	5.00	Officer Director	$0	$0	$0
NEIL KEATING	BOARD MEMBER	5.00	Officer Director	$0	$0	$0
ROSS DAVIS EL NOV - CURRENT	TREASURER	5.00	Officer Director	$0	$0	$0
KATIE CARVER REED	BOARD MEMBER	2.00	Director	$0	$0	$0
RUBY J CALLEN	BOARD MEMBER	2.00	Director	$0	$0	$0
TERRI JOHNSON	BOARD MEMBER	2.00	Director	$0	$0	$0
ERIC FLETCHER	BOARD MEMBER	2.00	Director	$0	$0	$0
KATE DEANGELIS	BOARD MEMBER	2.00	Director	$0	$0	$0
SHERI SHIELDS	BOARD MEMBER	2.00	Officer Director	$0	$0	$0
DEREK STONE	VICE PRESIDENT	2.00	Officer Director	$0	$0	$0
GARY RIGGS	BOARD MEMBER	2.00	Director	$0	$0	$0
MARY O'CONNOR	BOARD MEMBER	2.00	Director	$0	$0	$0
SEAN BLAKE	BOARD MEMBER	2.00	Director	$0	$0	$0
TIM WECHTER JAN-NOV	TREASURER	5.00	Officer Director	$0	$0	$0
VALARIE MOSS	BOARD MEMBER	2.00	Director	$0	$0	$0
BRIDGET AMBRISCO	EXECUTIVE DIRECTOR	35.00	Officer	$93,427	$3,660	$97,087

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	No data	No data	No data	No data
2023	$982,737	$644,159	$485,491	$338,578
2022	$538,100	$438,273	$146,486	$99,827
2021	$301,785	$326,229	$47,922	$-24,444
2020	$250,420	$179,032	$71,636	$71,388

AKRON PARKS COLLABORATIVE