MANDAN PARKS AND RECREATION FOUNDATION (EIN 881889922) - 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

2022

Legal Domicile

Principal Officer

JASON ARENZ

Phone

7017516161

Tax Period

2024-01-01 to 2024-12-31

MANDAN PARKS AND RECREATION FOUNDATION, founded in 2022, is a small nonprofit in the Recreation & Sports sector that reported $235K in total revenue in fiscal year 2024. Revenue fell 79% from the prior year — a significant decline worth monitoring. Expenses of $213K left a modest 9% surplus.

Mission

TO CONSTRUCT, IMPROVE, AND MAINTAIN PARK AND RECREATIONAL FACILITIES AND PROGRAMS WITHIN THE CITY OF MANDAN; TO MAKE THEM ACCESSIBLE AND INCLUSIVE AS POSSIBLE FOR PERSONS WITH DISABILITIES; AND TO NOT DISCRIMINATE AGAINST ANY PERSON BASED ON THEIR RACE, COLOR, RELIGION, NATURAL ORIGIN, OR SEX.

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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 $223,193

Program Service Revenue $0

Investment Income $1,703

Other Revenue $10,563

TOTAL REVENUE $235,459

Expense Breakdown

Grants Paid $205,966

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $211,842

Other Expenses $7,186

TOTAL EXPENSES $213,152

Year-over-Year Comparison

	2024	2023	Change
Revenue	$235,459	$1,125,411	-0.8%
Expenses	$213,152	$1,094,950	-0.8%
Net Income	$22,307	$30,461	-0.3%

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

$381,531

Total Directors

$270,076

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JASON ARENZ	PRESIDENT	1.00	Officer Director	$0	$0	$0
WADE MESCHKE	VICE PRESIDENT	1.00	Officer Director	$0	$0	$2,400
COLE HIGLIN	SECRETARY	1.00	Officer Director	$0	$30,849	$159,585
TERI WELCH	TREASURER	1.00	Officer Director	$0	$16,285	$106,891
JENNIFER FROEHLICH	BOARD MEMBER	1.00	Director	$0	$0	$1,200
KELLY THOMAS	MANAGER	1.00	Officer	$0	$33,095	$112,655

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	$235,459	$213,152	$54,161	$22,307
2023	$1,125,411	$1,094,950	$31,854	$30,461
2022	$296,118	$294,725	$1,393	$1,393

MANDAN PARKS AND RECREATION FOUNDATION