BLOOMFIELD CONSERVANCY INC (EIN 134014664) - 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

1998

Legal Domicile

Principal Officer

RICHARD NICOTRA

Phone

7814772100

Tax Period

2023-01-01 to 2023-12-31

BLOOMFIELD CONSERVANCY INC, founded in 1998, is a small nonprofit in the Environment sector that reported $161K in total revenue in fiscal year 2023. Revenue surged 91% from the prior year, signaling strong growth momentum. Expenses of $139K left a modest 13% surplus.

Mission

BLOOMFIELD CONSERVANCY INC. IS A NOT-FOR-PROFIT CORPORATION ORGANIZED UNDER THE LAWS OF THE STATE OF NEW YORK IN CONNECTION WITH EFFECTUATING PROTECTION, CLEAN-UP, PRESERVATION, AND IMPROVEMENT OF LAND IN THE BLOOMFIELD SECTION OF STATEN ISLAND.FORM 990, PART VII - LIST OF OFFICERS, DIRECTORS, TRUSTEE AND KEY EMPLOYEESKRISTINE GARLISI RECEIVED COMPENSATION OF $200,433 FROM CORPORATE COMMONS OF STATEN ISLAND, LLC AN ENTITY OWNED BY TWO OF THE DIRECTORS.NICOHOLAS NOCERINO RECEIVED COMPENSATION OF $124,516 FROM CORPORATE COMMONS OF STATEN ISLAND, LLC AN ENTITY OWNED BY TWO OF THE DIRECTORS.

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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 $154,239

Program Service Revenue $0

Investment Income $6,573

Other Revenue $0

TOTAL REVENUE $160,812

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $136,799

Other Expenses $139,399

TOTAL EXPENSES $139,399

Year-over-Year Comparison

	2023	2022	Change
Revenue	$160,812	$84,000	+0.9%
Expenses	$139,399	$125,293	+0.1%
Net Income	$21,413	$-41,293	-1.5%

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

N/A

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	Role	Reportable Comp	Other Comp	Total
RICHARD NICOTRA	PRESIDENT	Director	$0	$0	$0
LOIS NICOTRA	VICE PRESIDENT	Director	$0	$0	$0
KRISTINE GARLISI	SECRETARY	Officer	$0	$0	$0
NICHOLAS NOCERINO	TREASURER	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
2024	No data	No data	No data	No data
2023	$160,812	$139,399	$573,920	$21,413
2022	$84,000	$125,293	$537,503	$-41,293
2021	$141,894	$130,210	$585,849	$11,684
2020	$79,031	$72,062	$574,507	$6,969
2019	$193,470	$137,606	$562,384	$55,864
2018	$126,561	$80,052	$504,020	$46,509

BLOOMFIELD CONSERVANCY INC