Park Silly Sunday Market
Park Silly Sunday Market maintains operations with fluctuating revenues and tight expense management, consistently reporting no officer compensation.
EIN: 204816462 · Park City, UT · NTEE: Z20 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $804K |
| Total Expenses | $655K |
| Program Spending | 85% |
| Net Assets | $-96,537 |
| Transparency Score | 85/100 |
Is Park Silly Sunday Market Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Park Silly Sunday Market directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Park Silly Sunday Market
Park Silly Sunday Market (EIN: 204816462) is a nonprofit organization based in Park City, UT, classified under NTEE code Z20. The organization reported total revenue of $804K and total assets of $157K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Park Silly Sunday Market's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Park Silly Sunday Market is a small nonprofit that has been operating for 18 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 2.8%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $694K |
| Total Expenses | $655K |
| Surplus / Deficit | +$39K |
| Total Assets | $150K |
| Total Liabilities | $246K |
| Net Assets | $-96,537 |
| Operating Margin | 5.7% |
| Debt-to-Asset Ratio | 164.5% |
| Months of Reserves | 2.7 months |
Financial Health Grade: B
In 2023, Park Silly Sunday Market reported a surplus of $39K with revenue exceeding expenses, holds 2.7 months of operating reserves (limited), has a debt-to-asset ratio of 164.5% (high leverage).
Financial Trends
Over 13 years of filings (2011–2023), Park Silly Sunday Market's revenue has grown at a compound annual growth rate (CAGR) of 2.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -23.7% | -33.0% | +13.8% |
| 2022 | +30.4% | +21.9% | -54.9% |
| 2021 | +452.9% | +300.5% | +195.2% |
| 2020 | -78.0% | -60.9% | -22.1% |
| 2019 | +0.4% | -1.7% | +93.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2008 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Park Silly Sunday Market with a Mission Score of 85 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 10%
- programs: 85%
- fundraising: 5%
According to IRS 990 filings, Park Silly Sunday Market allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $39K, with revenue exceeding expenses.
- Debt-to-asset ratio: 164.5%.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, indicating that no salaries are paid to officers, which is highly favorable for directing funds to programs.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of Park Silly Sunday Market's IRS 990 filings:
- Liabilities frequently exceed assets, notably $246,135 in liabilities vs. $149,598 in assets in 2023, indicating potential liquidity concerns or reliance on short-term financing.
- Inconsistent financial performance with significant deficits in some years (e.g., $103,406 in 2021 and $67,116 in 2022) following surpluses, suggesting variable operational stability.
Strengths
The following positive indicators were identified for Park Silly Sunday Market:
- Consistent reporting of 0% officer compensation across all filings, demonstrating a strong commitment to program spending and efficiency.
- Long operational history with 13 filings, indicating stability and sustained community presence.
- Ability to recover from significant revenue drops (e.g., 2020) and return to higher operational levels, showing resilience.
Frequently Asked Questions about Park Silly Sunday Market
Is Park Silly Sunday Market a legitimate charity?
Based on AI analysis of IRS 990 filings, Park Silly Sunday Market (EIN: 204816462) some concerns. Mission Score: 85/100. 2 red flags identified, 3 strengths noted.
How does Park Silly Sunday Market spend its money?
Park Silly Sunday Market directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Park Silly Sunday Market tax-deductible?
Park Silly Sunday Market is registered as a tax-exempt nonprofit (EIN: 204816462). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Park Silly Sunday Market's spending goes to programs?
Park Silly Sunday Market directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Park Silly Sunday Market compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Park Silly Sunday Market is above average for NTEE category Z20 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Park Silly Sunday Market located?
Park Silly Sunday Market is headquartered in Park City, Utah and files with the IRS under EIN 204816462. It is classified under NTEE code Z20.
How many years of IRS 990 filings does Park Silly Sunday Market have?
Park Silly Sunday Market has 13 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $804K in total revenue.
What is the nature of the significant liabilities reported, especially in recent years?
In 2023, liabilities were $246,135 against assets of $149,598. Understanding the composition of these liabilities (e.g., accounts payable, deferred revenue, loans) is crucial for assessing financial risk.
How does the organization manage years with significant expense overruns, such as 2022 ($67,116 deficit) and 2021 ($103,406 deficit)?
While the organization has shown resilience, repeated deficits could erode reserves. It would be important to understand if these are planned operational deficits covered by prior surpluses or if they indicate financial strain.
Given the 0% officer compensation, how are key leadership roles compensated or structured?
This suggests a volunteer-driven leadership model or compensation through other means not classified as officer compensation, which is a strong indicator of efficiency but also raises questions about sustainability of leadership.
Filing History
IRS 990 filing history for Park Silly Sunday Market showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Park Silly Sunday Market's revenue has grown by 38.8%, moving from $500K to $694K. Total assets increased by 254.5% over the same period, from $42K to $150K. Total functional expenses rose by 45.8%, from $449K to $655K. In its most recent filing year (2023), Park Silly Sunday Market reported a surplus of $39K, with revenue exceeding expenses. The organization holds $246K in liabilities against $150K in assets (debt-to-asset ratio: 164.5%), resulting in net assets of $-96,537.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $694K | $655K | $150K | $246K | — | — |
| 2022 | $910K | $977K | $132K | $267K | — | View 990 |
| 2021 | $698K | $802K | $291K | $360K | — | View 990 |
| 2020 | $126K | $200K | $99K | $64K | — | View 990 |
| 2019 | $575K | $512K | $127K | $18K | — | View 990 |
| 2018 | $572K | $521K | $66K | $20K | — | View 990 |
| 2017 | $555K | $532K | $62K | $68K | — | View 990 |
| 2016 | $587K | $499K | $46K | $74K | — | View 990 |
| 2015 | $502K | $477K | $44K | $160K | — | View 990 |
| 2014 | $496K | $541K | $33K | $174K | — | View 990 |
| 2013 | $555K | $649K | $31K | $128K | — | View 990 |
| 2012 | $507K | $494K | $34K | $58K | — | View 990 |
| 2011 | $500K | $449K | $42K | $77K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $694K, expenses of $655K, and assets of $150K (revenue -23.7% year-over-year).
- 2022: Revenue of $910K, expenses of $977K, and assets of $132K (revenue +30.4% year-over-year).
- 2021: Revenue of $698K, expenses of $802K, and assets of $291K (revenue +452.9% year-over-year).
- 2020: Revenue of $126K, expenses of $200K, and assets of $99K (revenue -78.0% year-over-year).
- 2019: Revenue of $575K, expenses of $512K, and assets of $127K (revenue +0.4% year-over-year).
- 2018: Revenue of $572K, expenses of $521K, and assets of $66K (revenue +3.1% year-over-year).
- 2017: Revenue of $555K, expenses of $532K, and assets of $62K (revenue -5.5% year-over-year).
- 2016: Revenue of $587K, expenses of $499K, and assets of $46K (revenue +17.0% year-over-year).
- 2015: Revenue of $502K, expenses of $477K, and assets of $44K (revenue +1.2% year-over-year).
- 2014: Revenue of $496K, expenses of $541K, and assets of $33K (revenue -10.5% year-over-year).
- 2013: Revenue of $555K, expenses of $649K, and assets of $31K (revenue +9.4% year-over-year).
- 2012: Revenue of $507K, expenses of $494K, and assets of $34K (revenue +1.3% year-over-year).
- 2011: Revenue of $500K, expenses of $449K, and assets of $42K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Park Silly Sunday Market:
Data Sources and Methodology
This transparency report for Park Silly Sunday Market is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.