KC PARADE OF HEARTS ORGANIZATION EXEC DIR JENN NUSSBECK

EIN: 934567524 501(c)(3) Human Services

LEES SUMMIT, MO

Total Revenue
$1,017,000
Total Expenses
$524,658
Total Assets
$492,342
Net Assets
$492,342
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2024
Legal Domicile
MO
Principal Officer
LAVON COLHOUR
Phone
8169822444
Tax Period
2024-01-01 to 2024-12-31

KC PARADE OF HEARTS ORGANIZATION EXEC DIR JENN NUSSBECK, founded in 2024, is a community nonprofit in the Human Services sector that reported $1.0M in total revenue in fiscal year 2024. The organization ran a surplus of $492K, a strong 48% operating margin.

Mission

KC PARADE OF HEART'S MISSION IS TO UNITE THE KANSAS CITY REGION THROUGH A FREE, FIRST-OF-ITS-KIND PUBLIC ART EXPERIENCE FEATURING UNIQUE HEART SCULPTURES CREATED BY LOCAL ARTISTS AND DESIGNERS. EMBRACING THE KC REGIONAL IDENTITY AS THE HEART OF AMERICA, THIS INITIATIVE STRENGTHENS COMMUNITIES THROUGH ART BY INVIGORATING LOCAL ECONOMIES, PROMOTING TOURISM, FOSTERING COMMUNITY PRIDE, ENHANCING CULTURAL AWARENESS, INSPIRING CREATIVITY, AND BEAUTIFYING PUBLIC SPACES. IN 2026, THE ORGANIZATION WILL CONNECT MORE THAN 50 CITIES, MULTIPLE COUNTIES, TWO STATES, AND ONE HEARTLAND THROUGH A SHARED VISION OF UNITY, EXPRESSION, AND BELONGING.

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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 $793,805
Program Service Revenue $0
Investment Income $0
Other Revenue $223,195
TOTAL REVENUE $1,017,000

Expense Breakdown

Grants Paid $25,000
Salaries & Benefits $0
Fundraising Expenses $116,080
Program Expenses $221,608
Other Expenses $499,658
TOTAL EXPENSES $524,658

Year-over-Year Comparison

2024 2023 Change
Revenue $1,017,000 N/A N/A
Expenses $524,658 N/A N/A
Net Income $492,342 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
8
Independent Members
8
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
5
$0
Total Directors
10
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JILLIAN CARROLL DIRECTOR 2.00
Director
$0 $0 $0
LAVON COLHOUR CHAIR 2.00
Officer Director
$0 $0 $0
RANDY LOPEZ DIRECTOR 2.00
Director
$0 $0 $0
ANGEL MCGEE DIRECTOR 2.00
Director
$0 $0 $0
PAUL NEIDLEIN CHAIR ELECT 2.00
Officer Director
$0 $0 $0
LUKE NELSON CFO 10.00
Director
$0 $0 $0
JENN NUSSBECK EXECUTIVE DI 10.00
Director
$0 $0 $0
MATT OLDROYD TREASURER 2.00
Officer Director
$0 $0 $0
TUCKER TROTTER SECRETARY 2.00
Officer Director
$0 $0 $0
CARMEN ZUNIGA FINANCIAL MA 2.00
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 $1,017,000 $524,658 $492,342 $492,342
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