PARK CITY AREA LODGING ASSOCIATION (EIN 860607990) - 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

2010

Principal Officer

TYLER MUGFORD

Phone

4356401168

Tax Period

2024-01-01 to 2024-12-31

PARK CITY AREA LODGING ASSOCIATION, founded in 2010, is a small nonprofit in the Community Improvement sector that reported $455K in total revenue in fiscal year 2024. Expenses of $649K exceeded revenue, resulting in a 43% operating deficit.

Mission

THE PARK CITY AREA LODGING ASSOCIATION WAS ORGANIZED IN 1986 TO HELP FACILITATE COMMUNICATION AND AWARENESS AMONG OUR MEMBERSHIP. OUR MEMBERSHIP CONSISTS OF LODGING ENTITIES, MOUNTAIN RESORTS, SUPPORT SERVICES, ORGANIZATIONS & BUSINESSES.

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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 (2024)

Revenue Breakdown

Contributions & Grants $443,723

Program Service Revenue $11,000

Investment Income $2

Other Revenue $0

TOTAL REVENUE $454,725

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Other Expenses $649,116

TOTAL EXPENSES $649,116

Year-over-Year Comparison

	2024	2023	Change
Revenue	$454,725	$463,830	0.0%
Expenses	$649,116	$457,780	+0.4%
Net Income	$-194,391	$6,050	-33.1%

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
SARAH FERRIN	DIRECTOR	N/A	Director	$0	$0	$0
RYAN PRATT	DIRECTOR	N/A	Director	$0	$0	$0
BERKLEY TOLMAN	DIRECTOR	N/A	Director	$0	$0	$0
GABE WEINEM	DIRECTOR	N/A	Director	$0	$0	$0
ROB ALDAY	PAST PRESIDE	N/A	Officer	$0	$0	$0
TYLER MUGFORD	PRESIDENT	2.00	Officer	$0	$0	$0
JASON NELSON	TREASURER	1.00	Officer	$0	$0	$0
KYLE OSBORN	VICE PRESIDE	N/A	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	$454,725	$649,116	$52,862	$-194,391
2023	$463,830	$457,780	$246,818	$6,050
2022	$535,121	$583,029	$234,308	$-47,908
2021	$678,268	$641,647	$282,216	$36,621
2020	$918,041	$743,372	$244,125	$174,669
2019	$603,273	$293,627	$314,730	$309,646
2018	$633,790	$886,413	$291,492	$-252,623

PARK CITY AREA LODGING ASSOCIATION