BOSTON, MA
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)ESPLANADE ASSOCIATION INC, founded in 2001, is a community nonprofit in the Arts, Culture & Humanities sector that reported $9.3M in total revenue in fiscal year 2023. Revenue surged 139% from the prior year, signaling strong growth momentum. The organization ran a surplus of $6.8M, a strong 73% operating margin.
TO REVITALIZE AND ENHANCE THE CHARLES RIVER ESPLANADE, PRESERVE NATURAL GREEN SPACE AND BUILD COMMUNITY BY PROVIDING EDUCATIONAL, CULTURAL AND RECREATIONAL PROGRAMS FOR EVERYONE.
THE ORGANIZATION WORKS CLOSELY WITH THE MASSACHUSETTS DEPARTMENT OF CONSERVATION AND RECREATION, COMMUNITY ORGANIZATIONS, BUSINESSES, CORPORATIONS, FOUNDATIONS AND INDIVIDUALS. TOGETHER, THEY PLAN...
THE ORGANIZATION WORKS CLOSELY WITH THE MASSACHUSETTS DEPARTMENT OF CONSERVATION AND RECREATION, COMMUNITY ORGANIZATIONS, BUSINESSES, CORPORATIONS, FOUNDATIONS AND INDIVIDUALS. TOGETHER, THEY PLAN, DESIGN AND IMPLEMENT IMPORTANT MAINTENANCE, RESTORATION, ENHANCEMENT AND PROGRAMMATIC PROJECTS AND EVENTS FOR THE BENEFIT OF THE MILLIONS OF INDIVIDUALS WHO VISIT THE PARK EACH YEAR. THE ORGANIZATION'S WORK FOCUSES ON: -PROJECTS DESIGNED TO SIGNIFICANTLY IMPROVE THE USE, AESTHETICS AND SAFETY OF THE PARK, INCLUDING MAINTENANCE AND IMPROVEMENT OF BALLFIELDS, PATHWAYS, AND PLAYGROUNDS, INSTALLATION OF NEW WAYFINDING SIGNAGE, COMMISSIONING OF PUBLIC ART, AND THE REDEVELOPMENT OF THE LEE POOL SITE INTO A FIRST-RATE GATHERING, RECREATIONAL AND OPERATIONAL SPACE. - PROGRAMS THAT ENRICH THE ENJOYMENT OF VISITORS TO THE PARK, CONNECT PEOPLE FROM DIVERSE BACKGROUNDS AND COMMUNITIES, AND PROMOTE A STRONG SENSE OF PARK OWNERSHIP, INCLUDING FREE FITNESS CLASSES, CONCERTS, CHILDREN'S ACTIVITIES, TOURS, VOLUNTEER EVENTS, CULTURAL ACTIVITIES, AND MORE. - ADVOCACY FOR PUBLIC POLICIES AND RESOURCE ALLOCATION THAT HELP PROTECT AND PRESERVE THE PARK FOR THE BENEFIT OF DIVERSE COMMUNITIES. OTHER PROGRAMS: - ONGOING MAINTENANCE OF THE PARK, SPECIFICALLY IN THE AREA OF GEESE CONTROL, LAWN MAINTENANCE, TREE CARE AND MAINTENANCE, SHORELINE VEGETATIVE MANAGEMENT, REHABILITATION OF MONUMENTS AND HISTORIC PARK ELEMENTS, TO PROMOTE A CLEAN AND CARED FOR NATURAL HABITAT; - PRODUCING OR HOSTING DONATION BASED ACTIVITIES INCLUDING A 5K RACE, BOSTON MARATHON TEAM, VOLUNTEER ACTIVITES, AND ANNUAL EVENTS: - COLLABORATION ON IMPROVING FOOD AND BEVERAGE OFFERINGS IN THE PARK AND ORGANIZING FREE FITNESS CLASSES.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2023 | 2022 | Change | |
|---|---|---|---|
| Revenue | $9,285,953 | $3,880,542 | +1.4% |
| Expenses | $2,478,941 | $1,993,602 | +0.2% |
| Net Income | $6,807,012 | $1,886,940 | +2.6% |
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
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| ALEXI CONINE | CHAIR, DIREC | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| EMI WINTERER | VICE CHAIR, | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| HARVEY BEKER | TREASURER, D | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| TOM LEWIS | CLERK, DIREC | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| CASEY BAINES | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| MELISSA DRULEY | DIRECTOR | N/A |
Director
|
$0 | $0 | $0 |
| ADAM FORKNER | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| AUDREY FOSTER | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| JAMES FOSTER | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| MONTEZ HAYWOOD | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| BOB HEDGES | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| TERESA KOSTER | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| GONZAGUE DE MONTRICHARD | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| CATHERINE T MORRIS | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| JERYL ORISTAGLIO | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| MATTHEW LANE OSTROW | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| TONY PANGARO | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| JOAN PATTON | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| CLARE RICHER | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| CAROLINA SAVE | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| MARY LOU SEIDNER | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| HOPE SIDMAN | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2024 | No data | No data | No data | No data |
| 2023 | $9,285,953 | $2,478,941 | $16,639,526 | $6,807,012 |
| 2022 | $3,880,542 | $1,993,602 | $9,792,549 | $1,886,940 |
| 2021 | $3,458,484 | $1,858,448 | $7,930,971 | $1,600,036 |
| 2020 | $2,726,435 | $1,639,262 | $6,042,522 | $1,087,173 |
| 2019 | $4,388,691 | $1,419,871 | $4,857,667 | $2,968,820 |
| 2018 | $1,688,330 | $1,346,845 | $2,015,073 | $341,485 |
Compare ESPLANADE ASSOCIATION INC with other nonprofits in Massachusetts and across the country.