THE FOUNDATION FOR LONG ISLAND STATE PARKS INC (EIN 113147064) - 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

Principal Officer

BRYAN ERWIN

Phone

6316691000

Tax Period

2024-05-01 to 2025-04-30

THE FOUNDATION FOR LONG ISLAND STATE PARKS INC is a micro nonprofit that reported $81K in total revenue in fiscal year 2024. Revenue fell 64% from the prior year — a significant decline worth monitoring. Expenses of $129K exceeded revenue, resulting in a 60% operating deficit.

Mission

TO ENCOURAGE AND ASSIST EFFORTS TO CONSERVE, MAINTAIN AND ENHANCE THE SCENIC, HISTORICAL, WILD-LIFE, OPEN SPACE AND OUTDOOR RECREATION VALUES OF THE PHYSICAL ENVIRONMENT OF THE LONG ISLAND REGION FOR THE RECREATIONAL, CULTURAL, PHYSICAL AND ECONOMIC BENEFIT OF OUR RESIDENTS AND VISITORS.

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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 $14,315

Program Service Revenue $0

Investment Income $16,392

Other Revenue $49,908

TOTAL REVENUE $80,615

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $15,000

Program Expenses $110,672

Other Expenses $129,274

TOTAL EXPENSES $129,274

Year-over-Year Comparison

	2024	2023	Change
Revenue	$80,615	$224,240	-0.6%
Expenses	$129,274	$75,149	+0.7%
Net Income	$-48,659	$149,091	-1.3%

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

N/A

Employees

N/A

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
BRYAN ERWIN	CHAIRMAN	N/A	Officer	$0	$0	$0
KEVIN GERSHOWITZ	BOARD MEMBER	N/A	Officer	$0	$0	$0
RICHARD REMMER	BOARD MEMBER	N/A	Officer	$0	$0	$0
RUTH DOUZINAS	BOARD MEMBER	N/A	Officer	$0	$0	$0
DAVID OKORN	BOARD MEMBER	N/A	Officer	$0	$0	$0
KEITH CORBETT	BOARD MEMBER	N/A	Officer	$0	$0	$0
SUSAN GORDAN RYAN	BOARD MEMBER	N/A	Officer	$0	$0	$0
PETER KRAMER	TREASURER	N/A	Officer	$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	$80,615	$129,274	$444,904	$-48,659
2024	$224,240	$75,149	$481,717	$149,091
2023	$194,936	$118,266	$329,281	$76,670
2022	$25,081	$27,027	$252,559	$-1,946
2021	$7,078	$26,821	$254,505	$-19,743
2020	$120,553	$74,922	$274,768	$45,631
2019	$171,120	$89,503	$231,187	$81,617
2018	$7,222	$75,956	$152,150	$-68,734

THE FOUNDATION FOR LONG ISLAND STATE PARKS INC