Hopewell Area Recreation and Parks

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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

2022

Legal Domicile

Tax Period

2023-01-01 to 2023-12-31

Hopewell Area Recreation and Parks, founded in 2022, is a small nonprofit that reported $361K in total revenue in fiscal year 2023. Revenue surged 146% from the prior year, signaling strong growth momentum. Expenses of $332K left a modest 8% surplus.

Mission

The Hopewell Area Recreation and Parks facilitys main priority is to meet the recreation needs of the community within the constraints of available resources.

Program Service Accomplishments

Program 1

Expenses: $332,022 Revenue: $361,488

The purpose of Hopewell Community Center is to have recreational activites available to the surrounding communities such as Baseball, Softball, Soccer, and other recreational activities to help with...

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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 (2023)

Revenue Breakdown

Contributions & Grants $107,843

Program Service Revenue $248,385

Investment Income $1,501

Other Revenue $3,499

TOTAL REVENUE $361,228

Expense Breakdown

Grants Paid $0

Salaries & Benefits $95,864

Fundraising Expenses $0

Program Expenses $332,022

Other Expenses $236,158

TOTAL EXPENSES $332,022

Year-over-Year Comparison

	2023	2022	Change
Revenue	$361,228	$146,635	+1.5%
Expenses	$332,022	$197,475	+0.7%
Net Income	$29,206	$-50,840	-1.6%

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

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
Mark Anderson	Director	5.00	Director	$0	$0	$0
Charles Hobbs	Director	5.00	Director	$0	$0	$0
Mike Kosmicki	Treasurer	5.00	Officer	$0	$0	$0
Bobby Holmes	Chairman	5.00	Officer	$0	$0	$0
Wendy Delawder	Scecretary	5.00	Officer	$0	$0	$0
Suellen Kneller	Vice Chairman	5.00	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
2025	No data	No data	No data	No data
2024	No data	No data	No data	No data
2023	$361,228	$332,022	$528,216	$29,206