ED DAY MEMORIAL SKATE PARK

EIN: 844529968 501(c)(3)

GIBSON CITY, IL

Total Revenue
N/A
Total Expenses
$10,507
Total Assets
N/A
Net Assets
N/A
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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
2020
Legal Domicile
IL
Principal Officer
LOGAN HEAVILIN
Phone
3092753870
Tax Period
2021-01-01 to 2021-12-31

Mission

TO OPERATE A PUBLIC SKATE PARK TO PROVIDE CITIZENS OF AND VISITORS TO GIBSON CITY A PLACE AND OPPORTUNITY TO ENGAGE IN THE ATHLETIC PURSUITS INVOLVED IN SKATING AND SKATEBOARDING.

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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%)

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Financial Overview (2021)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $0

Expense Breakdown

Grants Paid $7,227
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $7,567
Other Expenses $3,280
TOTAL EXPENSES $10,507

Year-over-Year Comparison

2021 2020 Change
Revenue N/A $198,613 -1.0%
Expenses $10,507 $188,106 -0.9%
Net Income N/A $10,507 N/A
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

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Governance

Voting Members
7
Independent Members
7
Employees
N/A
Volunteers
10

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
2
$0
Total Directors
10
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
LOGAN HEAVILIN PRESIDENT 1.00
Officer Director
$0 $0 $0
SANDRA ALEXANDER TREASURER 1.00
Officer Director
$0 $0 $0
DALE DENNY BOARD MEMBER 1.00
Director
$0 $0 $0
MISSY HEAVILIN BOARD MEMBER 1.00
Director
$0 $0 $0
DANIELLE BORDERS BOARD MEMBER 1.00
Director
$0 $0 $0
GRANT BORDERS BOARD MEMBER 1.00
Director
$0 $0 $0
ANGELA LAGE BOARD MEMBER 1.00
Director
$0 $0 $0
SANDI GRIFFITH BOARD MEMBER 1.00
Director
$0 $0 $0
BRITTANY TAYLOR BOARD MEMBER 1.00
Director
$0 $0 $0
BILLIE JO DENNY SECRETARY 1.00
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
2021 No data $10,507 No data No data
2020 $198,613 $188,106 $10,507 $10,507
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