SOUTHERN QUEENS PARK ASSOCIATION INC (EIN 112432846) - 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

1976

Legal Domicile

Principal Officer

JERMAINE SMITH

Phone

7182764630

Tax Period

2023-07-01 to 2024-06-30

SOUTHERN QUEENS PARK ASSOCIATION INC, founded in 1976, is a community nonprofit in the Human Services sector that reported $3.7M in total revenue in fiscal year 2023. Revenue decreased 18% compared to the prior year. Expenses of $4.6M exceeded revenue, resulting in a 23% operating deficit.

Mission

MISSION IS TO COORDINATE AND PROVIDE COMPREHENSIVE PROGRAMS FOR CHILDREN, YOUTH, ADULTS, FAMILIES AND SENIORS RESIDING IN SOUTHERN COUNTY OF QUEENS OF NEW YORK CITY.

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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 (2023)

Revenue Breakdown

Contributions & Grants $3,626,408

Program Service Revenue $104,542

Investment Income $0

Other Revenue $0

TOTAL REVENUE $3,730,950

Expense Breakdown

Grants Paid $0

Salaries & Benefits $3,054,235

Fundraising Expenses $4,000

Program Expenses $3,649,686

Other Expenses $1,552,869

TOTAL EXPENSES $4,607,104

Year-over-Year Comparison

	2023	2022	Change
Revenue	$3,730,950	$4,539,844	-0.2%
Expenses	$4,607,104	$3,577,783	+0.3%
Net Income	$-876,154	$962,061	-1.9%

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

155

Volunteers

N/A

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

$130,000

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
DR KWESI AMOA	MEMBER	0.25	Director	$0	$0	$0
KHAAIR MORRISON	CHAIRMAN	0.25	Director	$0	$0	$0
JOSEPH SCIAME	VICE CHAIRMAN	0.25	Director	$0	$0	$0
MOHAMMED RAMJAN	TREASURER	0.25	Director	$0	$0	$0
JASON CLARK	MEMBER	0.25	Director	$0	$0	$0
DELSIA MARSHALL ESQ	MEMBER	0.25	Director	$0	$0	$0
EARNEST FLOWERS	MEMBER	0.25	Director	$0	$0	$0
KYLE BRAGG	MEMBER	0.25	Director	$0	$0	$0
SHEILA SAINT FESTIN	MEMBER	0.25	Director	$0	$0	$0
JOSEPH FRANCK	MEMBER	0.25	Director	$0	$0	$0
ERIC DEUTSCH ESQ	MEMBER	0.25	Director	$0	$0	$0
LISA SMITH	MEMBER	0.25	Director	$0	$0	$0
JERMAINE SMITH	EXECUTIVE DIRECTOR	40.00	Officer	$130,000	$0	$130,000

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	No data	No data	No data	No data
2024	$3,730,950	$4,607,104	$437,775	$-876,154
2023	$4,539,844	$3,577,783	$962,927	$962,061
2023	No data	No data	No data	No data
2022	$2,518,390	$3,814,678	$253,911	$-1,296,288
2021	$2,514,865	$3,477,707	$733,029	$-962,842
2020	$4,087,843	$4,223,207	$1,145,775	$-135,364
2019	$4,255,726	$4,464,921	$666,742	$-209,195
2018	$3,903,684	$3,878,091	$1,491,034	$25,593

SOUTHERN QUEENS PARK ASSOCIATION INC