Spokane, WA
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)Spokane Parks Foundation, founded in 2002, is a small nonprofit that reported $530K in total revenue in fiscal year 2024. The organization ran a surplus of $139K, a strong 26% operating margin.
The Spokane Parks Foundation cultivates the health, growth, and continued enjoyment of our communities by inspiring giving and passion for our parks.
The Spokane Parks Foundation, through our Community Grants Program, provides funding to improve and enhance public parks, as well as create equity and accessibility for all community members. The...
The Spokane Parks Foundation, through our Community Grants Program, provides funding to improve and enhance public parks, as well as create equity and accessibility for all community members. The beneficiaries of our efforts are the citizens of Spokane and Spokane County, as well as visitors to our region. The objectives of our grants are to fund community driven initiatives, park amenities, outdoor events and park programs that enhance our public parks, support physical and recreational activities, and create equity and accessibility for all. (Continued on Schedule O)Grants included support for:- Police Adventure Leagues in Airway Heights, City of Spokane, and City of Spokane Valley, providing fun, safe, educational, and healthy outdoor activities for underserved youth.- City of Cheney Parks and Recreation for new shade structures and benches in the newly built dog park.- City of Spokane Parks and Recreation scholarships for low-income youth to be able to participate in Therapeutic Recreation Services Funshine Day Camp for kids with developmental or physical disabilities and Outdoor Adventure Youth and Teen Day Camp.- High Bridge Disc Golf Course for new disc golf baskets.- Medical Lake Parks and Recreation for their Summer Explorer Camp.- Mt. Spokane Ski and Snowboard Park for their Learn to Ski program.- Northeast Youth Center for park field trips.- Peak 7 Adventures for outdoor adventure scholarships for low-income youth.- Spokane County Parks and Recreation for a halfcourt basketball court in Fish Lake Regional Park.- Spokane Eastside Reunion Association for their Summer Basketball Camp in Underhill Park.- Spokane Pickleball Club to stripe 18 pickleball courts in Comstock Park's tennis courts, to meet the overwhelming community demand for pickleball.- Spokane Valley Parks and Recreation Summer Day and TEEN camp scholarships.- West Central Neighborhood Council to install accessible picnic tables, shelters and mounted grills in AM Cannon Park.- World Relief for their Family Fun Day for refugee and immigrant community members in AM Cannon Park. - Free swim days, free swim events and free swim lessons for underserved youth at 12 aquatics centers throughout Spokane County.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2024 | 2023 | Change | |
|---|---|---|---|
| Revenue | $530,410 | $557,539 | 0.0% |
| Expenses | $391,535 | $292,207 | +0.3% |
| Net Income | $138,875 | $265,332 | -0.5% |
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
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| Wade Schertenlieb | President | 2.00 |
Officer
Director
|
$0 | $0 | $0 |
| Gene Fitzpatrick | Treasurer | 2.00 |
Officer
Director
|
$0 | $0 | $0 |
| Craig Anderson | Secretary | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| Kevin Hennessey | Immediate Past President | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| Barbara Richey | Spokane Park Board Trustee | 1.00 |
Director
|
$0 | $0 | $0 |
| Mel Fowler | Spokane County Park Board | 1.00 |
Director
|
$0 | $0 | $0 |
| Annie Blake-Burke | Member at Large | 1.00 |
Director
|
$0 | $0 | $0 |
| Dana Harbaugh | Member at Large | 1.00 |
Director
|
$0 | $0 | $0 |
| Bill Bender | Member at Large | 1.00 |
Director
|
$0 | $0 | $0 |
| Massoud Emani | Member at Large | 1.00 |
Director
|
$0 | $0 | $0 |
| Roger Chase | Member at Large | 1.00 |
Director
|
$0 | $0 | $0 |
| Ted McGregor | Member at Large | 1.00 |
Director
|
$0 | $0 | $0 |
| Amy Lutz | Member at Large | 1.00 |
Director
|
$0 | $0 | $0 |
| Yvonne Trudeau | Executive Director | 40.00 |
Officer
|
$80,317 | $0 | $80,317 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2024 | $530,410 | $391,535 | $2,278,566 | $138,875 |
| 2023 | $557,539 | $292,207 | $2,089,732 | $265,332 |
| 2022 | $489,435 | $336,827 | $1,619,333 | $152,608 |
| 2021 | $913,693 | $562,530 | $1,661,727 | $351,163 |
| 2020 | $1,032,239 | $829,039 | $1,222,445 | $203,200 |
| 2019 | $638,825 | $965,197 | $1,008,661 | $-326,372 |
| 2018 | $766,049 | $598,707 | $1,173,702 | $167,342 |
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