FRIENDS OF LAKE QUANNAPOWITT INC

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

1991

Legal Domicile

Principal Officer

WILLIAM CONLEY

Tax Period

2023-01-01 to 2023-12-31

FRIENDS OF LAKE QUANNAPOWITT INC, founded in 1991, is a micro nonprofit in the Environment sector that reported $26K in total revenue in fiscal year 2023. Expenses of $29K exceeded revenue, resulting in a 12% operating deficit.

Mission

TO PROMOTE PUBLIC AWARENESS AND PROVIDE LONG-TERM PROTECTION AND ENHANCEMENT OF LAKE QUANNAPOWITT AND ITS PUBLIC LANDS.

Program Service Accomplishments

Program 1

Expenses: $14,732

ENHANCE COMMUNITY AND PUBLIC AWARENESS OF FACTORS AFFECTING ENVIRONMENTAL AND WATER QUALITY. EDUCATE STUDENTS IN THE CLASSROOM AND FIELD STUDIES ABOUT ECOLOGICAL AND WATERSHED STUDIES. PUBLISH...

ENHANCE COMMUNITY AND PUBLIC AWARENESS OF FACTORS AFFECTING ENVIRONMENTAL AND WATER QUALITY. EDUCATE STUDENTS IN THE CLASSROOM AND FIELD STUDIES ABOUT ECOLOGICAL AND WATERSHED STUDIES. PUBLISH PERIODIC NEWSLETTERS AND FLIERS. DEVELOP FOLQ SOCIAL MEDIA ELECTRONIC COMMUNICATIONS PLATFORM AND MAINTAIN ITS WEBSITE.

Program 2

Expenses: $4,832

PROMOTE RESPONSIBLE AND SUSTAINABLE USE OF LAKE QUANNAPOWITT AND ITS SHORELINE. PROTECT THE LAKE ENVIRONMENTAL QUALITY AND ITS SHORELINE AGAINST STORMWATER POLLUTION. MONITOR AND TEST WATER QUALITY. OBSERVE AND RECORD VARIOUS ECOLOGICAL FACTORS AFFECTING WATER QUALITY OF THE LAKE AND ADJACENT AREAS AND WATERWAYS. MONITOR AND SUPPORT EFFORTS TO MITIGATE ENVIRONMENTAL IMPACT OF NON-MIGRATORY GEESE ON THE LAKE AND ADJACENT AREAS.

Program 3

Expenses: $2,670

PROMOTE RECREATIONAL USE OF THE LAKE QUANNAPOWITT AND ADJACENT LANDS. MAKE SITE IMPROVEMENTS TO PUBLIC PARK AREAS NEAR THE LAKE, PURCHASE BENCHES AND COMMEMORATIVE BRICKS, AND INSTALL OTHER AMENITIES AROUND THE LAKE FOR THE BENEFIT OF WAKEFIELD RESIDENTS AND VISTORS FROM OTHER COMMUNITIES.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $20,497

Program Service Revenue $0

Investment Income $5,207

Other Revenue $120

TOTAL REVENUE $25,824

Expense Breakdown

Grants Paid $2,770

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $24,180

Other Expenses $26,162

TOTAL EXPENSES $28,932

Year-over-Year Comparison

	2023	2022	Change
Revenue	$25,824	$25,699	+0.0%
Expenses	$28,932	$21,021	+0.4%
Net Income	$-3,108	$4,678	-1.7%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

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
THOMAS STAPLETON	DIRECTOR	2.00	Director	$0	$0	$0
JOHN SOFIA	DIRECTOR	2.00	Director	$0	$0	$0
LEEILA GIVEN	DIRECTOR	2.00	Director	$0	$0	$0
ROBERT WETTACH	DIRECTOR	2.00	Director	$0	$0	$0
WILLIAM BOODRY	DIRECTOR	5.00	Director	$0	$0	$0
TIMOTHY WELCH	DIRECTOR	2.00	Director	$0	$0	$0
CAROL DENNISON	DIRECTOR	2.00	Director	$0	$0	$0
MARGARET E COPPE	DIRECTOR	5.00	Director	$0	$0	$0
KAREN FALER	DIRECTOR	5.00	Director	$0	$0	$0
WILLIAM BUTLER	DIRECTOR	2.00	Director	$0	$0	$0
WILLIAM CONLEY	PRESIDENT	5.00	Officer Director	$0	$0	$0
DOUGLAS MILDRAM	TREASURER	6.00	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	No data	No data	No data	No data
2023	$25,824	$28,932	$295,054	$-3,108
2022	$33,339	$11,786	$272,453	$21,553
2021	$32,530	$9,981	$302,818	$22,549
2020	$20,595	$181,051	$273,356	$-160,456
2019	$34,224	$10,842	$417,050	$23,382
2018	$20,456	$8,128	$362,505	$12,328