WENDELIN PARK CORPORATION

EIN: 933526468 501(c)(3) Recreation & Sports

CHICAGO, IL

Total Revenue
$1,515,210
Total Expenses
$13,867
Total Assets
$1,501,343
Net Assets
$1,501,343
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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
2023
Legal Domicile
IL
Principal Officer
J MICHAEL DREW
Phone
3122615777
Tax Period
2023-08-25 to 2023-12-31

WENDELIN PARK CORPORATION, founded in 2023, is a community nonprofit in the Recreation & Sports sector that reported $1.5M in total revenue in fiscal year 2023. The organization ran a surplus of $1.5M, a strong 99% operating margin.

Mission

OWNERSHIP AND MAINTANENCE OF A PUBLIC PARK TO PROMOTE AND BENEFIT CIVIC BETTERMENT AND COMMUNITY.

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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 (2023)

Revenue Breakdown

Contributions & Grants $1,500,000
Program Service Revenue $15,210
Investment Income $0
Other Revenue $0
TOTAL REVENUE $1,515,210

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Other Expenses $13,867
TOTAL EXPENSES $13,867

Year-over-Year Comparison

2023 2022 Change
Revenue $1,515,210 N/A N/A
Expenses $13,867 N/A N/A
Net Income $1,501,343 N/A N/A
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
3
Employees
N/A
Volunteers
3

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
3
$0
Total Directors
3
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
J MICHAEL DREW PRESIDENT 0.10
Officer Director
$0 $0 $0
CHRISTINA GLASS TREASURER 0.10
Officer Director
$0 $0 $0
CHRISTOPHER LYNCH SECRETARY 0.10
Officer Director
$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 No data No data No data No data
2023 $1,515,210 $13,867 $1,501,343 $1,501,343
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