MILWAUKEE PARKS FOUNDATION INC

🔒

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

2019

Legal Domicile

Principal Officer

REBECCA STONER

Phone

4146877166

Tax Period

2024-01-01 to 2024-12-31

MILWAUKEE PARKS FOUNDATION INC, founded in 2019, is a community nonprofit in the Environment sector that reported $1.3M in total revenue in fiscal year 2024. Revenue decreased 19% compared to the prior year. Expenses of $1.1M left a modest 15% surplus.

Mission

ENGAGE OUR COMMUNITY IN SUPPORTING MILWAUKEE COUNTY PARKS TO COLLECTIVELY STEWARD A THRIVING PARK SYSTEM.

Program Service Accomplishments

Program 1

Expenses: $920,517 Revenue: $8,288

IN 2024, MILWAUKEE PARKS FOUNDATION (MPF) CONTINUED ADVANCING OUR MISSION TO COLLECTIVELY STEWARD A THRIVING PARK SYSTEM. WE DID THIS THROUGH OUR CORE STRATEGIES: SUPPORTING EQUITABLE AMENITIES AND PROGRAMS, BUILDING COMMUNITY CAPACITY AND RAISING AWARENESS, PROMOTING ACCESS AND FOSTERING BELONGING IN OUR PARKS. THREE OF THE MOST SIGNIFICANT ACCOMPLISHMENTS INCLUDE:SPROUTS PARTNERSHIPS: MPF INVESTED IN A SIGNIFICANT NUMBER OF COMMUNITY-LED PARK PROJECTS (SPROUTS). THIS INCLUDED ACTIVATING SHERMAN PARK THROUGH PARTNERSHIPS, LATINO CONSERVATION WEEK, DRUMS UP GUNS DOWN MILWAUKEE, AND MANY MORE.SEEDS PROJECTS: IN 2024, MPF COMPLETED A NUMBER OF PARKS INFRASTRUCTURE PROJECTS (SEEDS). MOST NOTABLE INCLUDES THE COMPLETE RENOVATION OF MEAUX PARK BASKETBALL COURTS, SIGNIFICANT UPGRADES AND INVESTMENT IN MCGOVERN PARK AND INVESTMENTS IN REFORESTATION EFFORTS ESPECIALLY IN NEIGHBORHOOD PARKS.AWARENESS AND ENGAGEMENT EVENTS: LAST BUT NOT LEAST, MPF HOSTED A VARIETY OF ENGAGEMENT AND AWARENESS EVENTS IN OUR PARKS SUCH AS THE WALK IN THE PARK SERIES WITH MILWAUKEE COUNTY PARKS, HEALTHY COUNTY CHALLENGE WITH COUNTY EXECUTIVE DAVID CROWLEY AND HARVEST FEST WITH CHAIRWOMAN MARCELIA NICHOLSON.

🔒

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 (2024)

Revenue Breakdown

Contributions & Grants $1,188,596

Program Service Revenue $0

Investment Income $17,324

Other Revenue $75,479

TOTAL REVENUE $1,281,399

Expense Breakdown

Grants Paid $548,920

Salaries & Benefits $333,913

Fundraising Expenses $104,863

Program Expenses $920,517

Other Expenses $209,391

TOTAL EXPENSES $1,092,224

Year-over-Year Comparison

	2024	2023	Change
Revenue	$1,281,399	$1,587,577	-0.2%
Expenses	$1,092,224	$1,037,242	+0.1%
Net Income	$189,175	$550,335	-0.7%

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

290

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

$117,653

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JUDY KRAUSE	CHAIR	1.00	Officer Director	$0	$0	$0
TONY SHIELDS	TREASURER	1.00	Officer Director	$0	$0	$0
TAMI GARRISON	PAST CHAIR	1.00	Officer Director	$0	$0	$0
STEPHANIE MERCADO	SECRETARY	1.00	Officer Director	$0	$0	$0
GUY SMITH	EX OFFICIO	1.00	Director	$0	$0	$0
BRIGETTE BEAMON	DIRECTOR	1.00	Director	$0	$0	$0
AYRTON BRYAN	DIRECTOR	1.00	Director	$0	$0	$0
CHARLES GREEN JR	DIRECTOR	1.00	Director	$0	$0	$0
KATIE PODMOKLY	DIRECTOR	1.00	Director	$0	$0	$0
SAMANTHA MALDONADO	DIRECTOR	1.00	Director	$0	$0	$0
DEMETRIA SMITH	DIRECTOR	1.00	Director	$0	$0	$0
KWEKU TEANGELO CARGILE JR	DIRECTOR	1.00	Director	$0	$0	$0
MARCUS WHITE	DIRECTOR	1.00	Director	$0	$0	$0
ALISON HANRAHAN	DIRECTOR	1.00	Director	$0	$0	$0
OCTAVIO ARREAGA	DIRECTOR	1.00	Director	$0	$0	$0
NICOLE ANGRESANO	DIRECTOR	1.00	Director	$0	$0	$0
ANNE BALLENTINE	DIRECTOR	1.00	Director	$0	$0	$0
MATTHEW HELMERICH	DIRECTOR	1.00	Director	$0	$0	$0
ANGELA LANG	DIRECTOR	1.00	Director	$0	$0	$0
KELLY MARTYKA	DIRECTOR	1.00	Director	$0	$0	$0
REBECCA STONER	EXECUTIVE DIRECTOR	40.00	Officer	$92,938	$24,715	$117,653

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	$1,281,399	$1,092,224	$1,444,490	$189,175
2023	$1,587,577	$1,037,242	$1,248,211	$550,335
2022	$1,121,719	$788,837	$690,076	$332,882
2021	$103,099	$148,546	$347,663	$-45,447
2020	$500,866	$172,426	$423,543	$328,440