FRIENDS OF FORT WILLIAMS PARK (EIN 010544684) - Form 990 Financial Analysis & Trantor Score

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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

2000

Legal Domicile

Principal Officer

Jennifer Scarpitti

Phone

2077673707

Tax Period

2024-03-01 to 2025-02-28

FRIENDS OF FORT WILLIAMS PARK, founded in 2000, is a small nonprofit in the Recreation & Sports sector that reported $255K in total revenue in fiscal year 2024. Revenue surged 92% from the prior year, signaling strong growth momentum. The organization ran a surplus of $119K, a strong 47% operating margin.

Mission

To preserve and enhance the natural and historic resources of Fort Williams Park for future generations by providing funding support and stewardship for selected projects in the park.

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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 (2024)

Revenue Breakdown

Contributions & Grants $255,139

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $255,139

Expense Breakdown

Grants Paid $0

Salaries & Benefits $105,133

Fundraising Expenses $12,931

Program Expenses $95,216

Other Expenses $31,062

TOTAL EXPENSES $136,195

Year-over-Year Comparison

	2024	2023	Change
Revenue	$255,139	$133,166	+0.9%
Expenses	$136,195	$155,967	-0.1%
Net Income	$118,944	$-22,801	-6.2%

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

Volunteers

150

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
Lynn Bailets	Director	5	Director	$0	$0	$0
Johnna Coggin	Director	5	Director	$0	$0	$0
Matt Reiter	Vice President	10	Officer Director	$0	$0	$0
Mike Beck	Treasurer	10	Officer Director	$0	$0	$0
Ryan Cole	President	10	Officer Director	$0	$0	$0
James Egan	Director	5	Director	$0	$0	$0
William Toomey	Director	5	Director	$0	$0	$0
Katherine Saunders	Director	5	Director	$0	$0	$0
James Venter	Director	5	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
2025	$255,139	$136,195	$667,235	$118,944
2024	$133,166	$155,967	$514,354	$-22,801
2023	$243,798	$126,487	$505,083	$117,311
2022	$226,867	$145,797	$406,785	$81,070
2021	$132,727	$104,120	$328,048	$28,607

FRIENDS OF FORT WILLIAMS PARK