METROPOLITAN PARKING ASSOCIATION INC

EIN: 130654670

LYNBROOK, NY

Total Revenue
$584,472
Total Expenses
$603,107
Total Assets
$285,206
Net Assets
$285,206
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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
1996
Legal Domicile
NY
Principal Officer
VINCENT PETRARO
Phone
2124063590
Tax Period
2024-01-01 to 2024-12-31

METROPOLITAN PARKING ASSOCIATION INC, founded in 1996, is a small nonprofit that reported $584K in total revenue in fiscal year 2024. Revenue decreased 8% compared to the prior year.

Mission

TRADE ASSOCIATION OF PARKING COMPANIES

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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%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $576,650
Investment Income $7,822
Other Revenue $0
TOTAL REVENUE $584,472

Expense Breakdown

Grants Paid $0
Salaries & Benefits $150,084
Fundraising Expenses $0
Other Expenses $453,023
TOTAL EXPENSES $603,107

Year-over-Year Comparison

2024 2023 Change
Revenue $584,472 $632,722 -0.1%
Expenses $603,107 $623,040 0.0%
Net Income $-18,635 $9,682 -2.9%
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

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Governance

Voting Members
27
Independent Members
21
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
5
$0
Total Directors
6
$150,000
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
VINCENT PETRARO EXECUTIVE DIRECTOR 40.00
Director
$150,000 $0 $150,000
RAFAEL LLOPIZ PRESIDENT 1.00
Officer Director
$0 $0 $0
GORDON HAMM EXEC VP & TREASURER 1.00
Officer Director
$0 $0 $0
KEN ROSENBLATT FIRST VICE PRESIDENT 1.00
Officer Director
$0 $0 $0
BILL LERNER SECOND VICE PRESIDENT 1.00
Officer Director
$0 $0 $0
LANCE HOWARD SECRETARY 1.00
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 $584,472 $603,107 $285,206 $-18,635
2023 $632,722 $623,040 $303,841 $9,682
2022 $539,555 $567,430 $303,451 $-27,875
2021 $625,336 $582,945 $331,326 $42,391
2020 $627,435 $882,435 $288,935 $-255,000
2019 $699,244 $941,116 $543,935 $-241,872
2018 $616,924 $662,878 $785,808 $-45,954
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