ELIM PARK LEGACY FOUNDATION INC (EIN 900436482) - 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

2009

Legal Domicile

Principal Officer

MICHELLE PASCETTA

Phone

2032723547

Tax Period

2024-10-01 to 2025-09-30

ELIM PARK LEGACY FOUNDATION INC, founded in 2009, is a community nonprofit in the Religion sector that reported $2.6M in total revenue in fiscal year 2024. Revenue surged 503% from the prior year, signaling strong growth momentum. The organization ran a surplus of $2.2M, a strong 85% operating margin.

Mission

TO PROVIDE SUPPORT TO THE ELIM PARK BAPTIST HOME.

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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 $2,000,622

Program Service Revenue $0

Investment Income $550,482

Other Revenue $0

TOTAL REVENUE $2,551,104

Expense Breakdown

Grants Paid $252,170

Salaries & Benefits $90,539

Fundraising Expenses $2,600

Program Expenses $366,825

Other Expenses $28,195

TOTAL EXPENSES $370,904

Year-over-Year Comparison

	2024	2023	Change
Revenue	$2,551,104	$423,361	+5.0%
Expenses	$370,904	$2,628	+140.1%
Net Income	$2,180,200	$420,733	+4.2%

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

$564,646

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
CHRIS NELSON	DIRECTOR/IMMEDIATE PAST CHAIR	2.00	Officer Director	$0	$0	$0
ROBERTO ECKER	CHAIR	2.00	Officer Director	$0	$0	$0
VICKI HOFFMAN	VICE CHAIR	2.00	Officer Director	$0	$0	$0
TERRENCE BRENNAN	TREASURER (LEFT)	2.00	Officer Director	$0	$0	$0
TIM PONZANI	SECRETARY	2.00	Officer Director	$0	$0	$0
JOANNE PERRY	TREASURER	2.00	Officer Director	$0	$0	$0
MARKES WILSON	DIRECTOR	2.00	Director	$0	$0	$0
KEITH WETJEN	DIRECTOR	2.00	Director	$0	$0	$0
MIKE WIJAS	DIRECTOR	2.00	Director	$0	$0	$0
JAMES SIPSMA	DIRECTOR	2.00	Director	$0	$0	$0
BRIAN BEDARD	PRESIDENT	1.00	Officer	$0	$51,147	$357,929
MICHELLE PASCETTA	CHIEF FINANCIAL OFFICER	2.00	Officer	$0	$21,316	$206,717

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	$2,551,104	$370,904	$7,562,298	$2,180,200
2024	$423,361	$2,628	$4,700,499	$420,733
2023	$351,061	$5,811	$3,941,584	$345,250
2022	$322,679	$26,360	$3,636,276	$296,319
2021	$88,692	$99,645	$3,798,993	$-10,953
2020	$106,665	$98,326	$3,299,598	$8,339
2019	$542,282	$97,997	$3,124,353	$444,285
2018	$54,308	$192,240	$2,471,714	$-137,932

ELIM PARK LEGACY FOUNDATION INC