THE MAC PARKMAN FOUNDATION FOR ADO… - Form 990 Financial Data

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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

2021

Legal Domicile

Principal Officer

BRUCE J PARKMAN

Phone

7194284025

Tax Period

2024-01-01 to 2024-12-31

THE MAC PARKMAN FOUNDATION FOR ADOLESCENT CONCUSSION TRAUMA INC, founded in 2021, is a small nonprofit in the Diseases & Disorders sector that reported $493K in total revenue in fiscal year 2024. Revenue surged 88% from the prior year, signaling strong growth momentum.

Mission

THE SPECIFIC AND PRIMARY PURPOSES FOR WHICH THE CORPORATION IS FORMED IS TO PROVIDE EDUCATION AND AWARENESS OF ADOLESCENT CONCUSSIVE TRAUMA.

Program Service Accomplishments

Program 1

Expenses: $322,074 Revenue: $396,130

TO PROMOTE EDUCATIONAL MATERIALS SUCH AS PODCASTS, VIDEO MARKETING, AND OTHER EDUCATIONAL ITEMS AND TO DISTRIBUTE THESE ITEMS INTO THE COMMUNITIES WHERE YOUTH FOOTBALL AND WRESTLING TEAMS ARE FORMED.

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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 $396,130

Program Service Revenue $0

Investment Income $96,780

Other Revenue $0

TOTAL REVENUE $492,910

Expense Breakdown

Grants Paid $0

Salaries & Benefits $120,797

Fundraising Expenses $0

Program Expenses $322,074

Other Expenses $372,185

TOTAL EXPENSES $492,982

Year-over-Year Comparison

	2024	2023	Change
Revenue	$492,910	$262,006	+0.9%
Expenses	$492,982	$396,256	+0.2%
Net Income	$-72	$-134,250	-1.0%

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
BRUCE J PARKMAN	PRESIDENT	N/A	Director	$0	$0	$0
PERRI PARKMAN	TREASURER	N/A	Director	$0	$0	$0
ALISON HADDAD	VICE PRESIDE	N/A	Officer	$0	$0	$0
ANDREA HADDAD	SECRETARY	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
2025	No data	No data	No data	No data
2024	$492,910	$492,982	$69,101	$-72
2023	$262,006	$396,256	$56,157	$-134,250
2022	$357,868	$360,050	$185,961	$-2,182
2021	$284,948	$88,353	$205,855	$196,595

THE MAC PARKMAN FOUNDATION FOR ADOLESCENT CONCUSSION TRAUMA INC