FRIENDS OF DISCOVERY PARK

EIN: 911409342 501(c)(3) Recreation & Sports

SEATTLE, WA

Total Revenue
$235,993
Total Expenses
$66,184
Total Assets
$504,119
Net Assets
$504,119
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1974
Legal Domicile
WA
Principal Officer
DON SCHLOSSER
Phone
2063216888
Tax Period
2025-01-01 to 2025-12-31

FRIENDS OF DISCOVERY PARK, founded in 1974, is a small nonprofit in the Recreation & Sports sector that reported $236K in total revenue in fiscal year 2025. Revenue grew 20% year-over-year, indicating healthy expansion. The organization ran a surplus of $170K, a strong 72% operating margin.

Mission

OUR PURPOSE IS TO DEFEND THE INTEGRITY OF DISCOVERY PARK: TO CREATE AND PROTECT THERE AN OPEN SPACE OF QUIET AND TRANQUILITY, A SANCTUARY WHERE THE WORKS OF MAN ARE MINIMIZED, APPEARING TO BE AFFECTED PRIMARILY BY THE FORCES OF NATURE, A PLACE WHICH EMPHASIZES ITS NATURAL ENVIRONMENT, BROAD VISTAS AND UNSPOILED SHORELINES; AND TO PROMOTE THE DEVELOPMENT OF THE PARK ACCORDING TO A MASTER PLAN RESPONSIVE TO THESE GOALS.

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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%)

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Financial Overview (2025)

Revenue Breakdown

Contributions & Grants $217,230
Program Service Revenue $0
Investment Income $18,763
Other Revenue $0
TOTAL REVENUE $235,993

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $870
Program Expenses $62,245
Other Expenses $66,184
TOTAL EXPENSES $66,184

Year-over-Year Comparison

2025 2024 Change
Revenue $235,993 $197,055 +0.2%
Expenses $66,184 $78,979 -0.2%
Net Income $169,809 $118,076 +0.4%
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

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Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
15
Independent Members
15
Employees
N/A
Volunteers
50

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
4
$0
Total Directors
11
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
BART CHEEVER DIRECTOR 1.00
Director
$0 $0 $0
MARCUS DONNER DIRECTOR 5.00
Director
$0 $0 $0
JOYCE ERICKSON SECRETARY 5.00
Director
$0 $0 $0
BILL LAPARDE DIRECTOR 1.00
Director
$0 $0 $0
JAMES MCINTOSH DIRECTOR 1.00
Director
$0 $0 $0
JOHN RUNDALL DIRECTOR 1.00
Director
$0 $0 $0
PEGGY WILLIS DIRECTOR 1.00
Director
$0 $0 $0
PETE HANNING DIRECTOR 1.00
Director
$0 $0 $0
MARY WINSOR DIRECTOR 1.00
Director
$0 $0 $0
BRIAN ERRICO DIRECTOR 1.00
Director
$0 $0 $0
WENDE WOOD DIRECTOR 1.00
Director
$0 $0 $0
PHILIP VOGELZANG PRESIDENT 15.00
Officer
$0 $0 $0
THOMAS PALM DIRECTOR 5.00
Officer
$0 $0 $0
LESLIE REED VICE PRESIDENT 5.00
Officer
$0 $0 $0
DON SCHLOSSER TREASURER 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 $235,993 $66,184 $504,119 $169,809
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