ALABAMA STATE PARKS FOUNDATION

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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

2018

Legal Domicile

Principal Officer

DAN HENDRICKS

Phone

3345570150

Tax Period

2022-01-01 to 2022-12-31

ALABAMA STATE PARKS FOUNDATION, founded in 2018, is a small nonprofit in the Environment sector that reported $238K in total revenue in fiscal year 2022. Revenue surged 63% from the prior year, signaling strong growth momentum. The organization ran a surplus of $42K, a strong 18% operating margin.

Mission

THE ALABAMA STATE PARKS FOUNDATION WAS FORMED IN 2018 TO RAISE DOLLARS TO SUPPLEMENT STATE FUNDING OF THE ALABAMA STATE PARKS. THE FOUNDATION IS LED BY A BOARD OF DIRECTORS WHO SEEK TO MOBILIZE A STATEWIDE NETWORK OF CITIZEN PHILANTHROPISTS AND AFFILIATES WHOSE GIFTS OF FUNDS AND VOLUNTEER TIME WILL LIFT THE PARKS TO PREEMINENCE AMONG ALL PARKS IN AMERICA.

Program Service Accomplishments

Program 1

Expenses: $183,973 Revenue: $238,288

THE ALABAMA STATE PARKS FOUNDATION WAS FORMED IN 2018 TO RAISE DOLLARS TO SUPPLEMENT STATE FUNDING OF THE ALABAMA STATE PARKS. THE FOUNDATION IS LED BY A BOARD OF DIRECTORS WHO SEEK TO MOBILIZE A...

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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 (2022)

Revenue Breakdown

Contributions & Grants $238,288

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $238,288

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $183,973

Other Expenses $195,952

TOTAL EXPENSES $195,952

Year-over-Year Comparison

	2022	2021	Change
Revenue	$238,288	$146,010	+0.6%
Expenses	$195,952	$42,346	+3.6%
Net Income	$42,336	$103,664	-0.6%

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

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
DARRYL WASHINGTON	DIRECTOR	1.00	Director	$0	$0	$0
JAMES G BRAZIL JR	SECRETARY, DIRECTOR	1.00	Officer Director	$0	$0	$0
CHAD DAVIS	DIRECTOR	1.00	Director	$0	$0	$0
MATTHEW DENT	DIRECTOR	1.00	Director	$0	$0	$0
JAMES W EMISON	VP, DIRECTOR	1.00	Officer Director	$0	$0	$0
DR STEPHEN JONES	DIRECTOR	1.00	Director	$0	$0	$0
GREG LEIN	TREASURER, DIRECTOR	1.00	Officer Director	$0	$0	$0
ROBERT BLACK	DIRECTOR	1.00	Director	$0	$0	$0
TOM COSBY	DIRECTOR	1.00	Director	$0	$0	$0
RENEE RICE	DIRECTOR	1.00	Director	$0	$0	$0
ALEX MCCRARY	DIRECTOR	1.00	Director	$0	$0	$0
CHRIS BLANKENSHIP	DIRECTOR	1.00	Director	$0	$0	$0
DAN L HENDRICKS	PRESIDENT, DIRECTOR	2.00	Officer 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
2024	No data	No data	No data	No data
2022	$238,288	$195,952	$228,225	$42,336