SUMMIT PARKLAND YOUTH ASSOCIATION I

EIN: 911712626 501(c)(3) Recreation & Sports

TACOMA, WA

Total Revenue
$315,572
Total Expenses
$142,049
Total Assets
$175,971
Net Assets
$175,971
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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
1996
Legal Domicile
WA
Tax Period
2024-01-01 to 2024-12-31

SUMMIT PARKLAND YOUTH ASSOCIATION I, founded in 1996, is a small nonprofit in the Recreation & Sports sector that reported $316K in total revenue in fiscal year 2024. Revenue surged 153% from the prior year, signaling strong growth momentum. The organization ran a surplus of $174K, a strong 55% operating margin.

Mission

PROVIDING YOUTHS AN OPPORTUNITY TO PARTICIPATE IN SPORTS THROUGH DONATIONS AND CONTRIBUTIONS TO PAY SPORT FEES AND PAY FOR REFEREESPROVIDING SCHOLARSHIPS IN EACH SPORT

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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 (2024)

Revenue Breakdown

Contributions & Grants $172,068
Program Service Revenue $114,466
Investment Income $0
Other Revenue $29,038
TOTAL REVENUE $315,572

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $142,049
Other Expenses $142,049
TOTAL EXPENSES $142,049

Year-over-Year Comparison

2024 2023 Change
Revenue $315,572 $124,898 +1.5%
Expenses $142,049 $137,926 +0.0%
Net Income $173,523 $-13,028 -14.3%
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

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Governance

Voting Members
3
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
0
$0
Total Directors
0
$0
Key Employees
1
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
MEGAN WALLACE TREASURER 20.00
Key Emp
$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
2024 $315,572 $142,049 $175,971 $173,523
2023 $124,898 $137,926 $2,448 $-13,028
2022 $80,550 $63,270 $32,756 $17,280
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