WENDELIN PARK CORPORATION

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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

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

NONE

Program Service Accomplishments

Program 1

Revenue: $15,210

THE ORGANIZATION OWNS AND MAINTAINS A PUBLIC PARK TO PROMOTE AND BENEFIT CIVIC BETTERMENT, COMMUNITY, SOCIAL WELFARE, CULTURAL EVENTS AND PROVIDE AND PRESERVE OPEN PUBLIC SPACE FOR HEALTHY LEISURE...

THE ORGANIZATION OWNS AND MAINTAINS A PUBLIC PARK TO PROMOTE AND BENEFIT CIVIC BETTERMENT, COMMUNITY, SOCIAL WELFARE, CULTURAL EVENTS AND PROVIDE AND PRESERVE OPEN PUBLIC SPACE FOR HEALTHY LEISURE PURSUITS AND RECREATION AS IS CONSISTENT WITH THE EXEMPTIONS OF SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE FOR CHARITABLE, EDUCATIONAL, AND SCIENTIFIC ACTIVITIES.

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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 (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

Governance

Voting Members

Independent Members

Employees

N/A

Volunteers

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

Total Directors

Key Employees

Highest Compensated

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