TALENT SKATEPARK INC (EIN 832423468) - 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

2019

Legal Domicile

Principal Officer

MELISSA HATHAWAY

Phone

8028642069

Tax Period

2023-01-01 to 2023-12-31

TALENT SKATEPARK INC, founded in 2019, is a small nonprofit in the Recreation & Sports sector that reported $385K in total revenue in fiscal year 2023. Revenue surged 28% from the prior year, signaling strong growth momentum. Expenses of $348K left a modest 10% surplus.

Mission

TO PROVIDE COMMUNITY OUTREACH THROUGH YOUTH SKATEBOARDING CAMPS, LESSONS AND SALES OF SUPPORTING GOODS AND SERVICES. THE ORGANIZATION ALSO PROVIDES SCHOLARSHIPS SUPPORTED BY DONATIONS TO UNDERSERVED AND DISADVANTAGED YOUTH.

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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 (2023)

Revenue Breakdown

Contributions & Grants $267,630

Program Service Revenue $60,689

Investment Income $4,420

Other Revenue $52,246

TOTAL REVENUE $384,985

Expense Breakdown

Grants Paid $225

Salaries & Benefits $198,584

Fundraising Expenses $0

Program Expenses $338,712

Other Expenses $149,372

TOTAL EXPENSES $348,181

Year-over-Year Comparison

	2023	2022	Change
Revenue	$384,985	$299,870	+0.3%
Expenses	$348,181	$296,025	+0.2%
Net Income	$36,804	$3,845	+8.6%

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

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

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
MELISSA HATHAWAY	PRESIDENT	5.00	Officer	$0	$0	$0
MICHAEL HATHAWAY	BOARD MEMBER	2.00	Officer	$0	$0	$0
CRESTON LEA	SECRETARY	2.00	Officer	$0	$0	$0
SHAYNE MILLETTE	TREASURER	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
2024	No data	No data	No data	No data
2023	$384,985	$348,181	$261,501	$36,804
2022	$299,870	$296,025	$230,197	$3,845
2021	$292,598	$332,110	$297,319	$-39,512
2020	$217,969	$319,220	$271,414	$-101,251

TALENT SKATEPARK INC