GENEVA RECREATION FOUNDATION INC (EIN 871596056) - Form 990 Financial Analysis & Trantor Score

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Tuckman-Chang Vulnerability Assessment

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

2021

Legal Domicile

Principal Officer

FRANKIE LINDSEY

Phone

3346842484

Tax Period

2021-10-01 to 2022-09-30

GENEVA RECREATION FOUNDATION INC, founded in 2021, is a small nonprofit that reported $250K in total revenue in fiscal year 2021.

Mission

TO PROMOTE, ASSIST AND ADVANCE CHARITABLE EFFORTS TO IMPROVE THE AVAILABILITY AND QUALITY OF PARKS AND RECREATION FACILITIES AND OPPORTUNITIES FOR THE PUBLIC IN THE CITY OF GENEVA, ALABAMA, AND TO ASSIST THE CITY OF GENEVA AND ITS PARK AND RECREATION DEPARTMENT IN CONNECTION WITH THE DEVELOPMENT, IMPROVEMENT AND MAINTENANCE OF PARKS AND RECREATIONAL FACILITIES, PROGRAMS AND OPPORTUNITIES. TO THESE ENDS, THE CORPORATION WILL WORK EXCLUSIVELY AS A CULTURAL, EDUCATIONAL AND BENEVOLENT NON-PROFIT CORPORATION RELATED TO CHARITABLE AND EDUCATIONAL PURPOSES.

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Trantor Score

Financial Health & Payment Capacity Assessment (FICO Scale: 300–850)

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2021)

Revenue Breakdown

Contributions & Grants $250,000

Program Service Revenue $0

Investment Income $21

Other Revenue $0

TOTAL REVENUE $250,021

Expense Breakdown

Grants Paid $247,821

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $248,061

Other Expenses $240

TOTAL EXPENSES $248,061

Year-over-Year Comparison

	2021	2020	Change
Revenue	$250,021	N/A	N/A
Expenses	$248,061	N/A	N/A
Net Income	$1,960	$0	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

Governance

Voting Members

Independent Members

N/A

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
LOUIS F LINDSEY	CHAIRMAN/PRESIDENT	2.00	Officer	$0	$0	$0
RICHARD G SANDERS	VICE-CHAIRMAN	2.00	Officer	$0	$0	$0
DEBRA THORNTON	SECRETARY	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
2022	$250,021	$248,061	$1,960	$1,960

GENEVA RECREATION FOUNDATION INC