New York, NY
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)Flushing Meadows Corona Park Improvement Fund Inc, founded in 1998, is a small nonprofit in the Recreation & Sports sector that reported $418K in total revenue in fiscal year 2024. Revenue decreased 7% compared to the prior year. Expenses of $574K exceeded revenue, resulting in a 37% operating deficit.
The fund was established for the exclusive charitable and public purpose of benefiting, improving and enhancing Flushing Meadows Corona Park (the Park) in Queens, New York and for the improvement and development of the Park.
SUMMER STAGE CONCERT - The Organization sponsored and funded a free summer cultural concert series held at Flushing Meadows Corona Park, providing accessible arts and cultural programming to the...
SUMMER STAGE CONCERT - The Organization sponsored and funded a free summer cultural concert series held at Flushing Meadows Corona Park, providing accessible arts and cultural programming to the surrounding community. The program featured live performances, including music and entertainment, and was designed to promote community engagement, cultural enrichment, and public use of the Park. The concerts were open to the general public at no cost, serving residents of Queens and visitors from across New York City. The program supports the Organizations mission to enhance the Park as a vibrant public space.
Restroom trailers and repairs in the Park - The Organization funded the installation, maintenance, and operation of restroom trailers and supported repairs and improvements to park infrastructure...
Restroom trailers and repairs in the Park - The Organization funded the installation, maintenance, and operation of restroom trailers and supported repairs and improvements to park infrastructure within Flushing Meadows Corona Park. These efforts enhanced sanitation, accessibility, and the overall visitor experience, particularly during high-traffic events and peak usage periods. The program contributes to the safety, cleanliness, and usability of the Park for the public, consistent with the Organizations charitable purpose of improving and maintaining public park facilities.
HALLOWEEN EVENT - The Organization sponsored an annual Halloween event in Flushing Meadows Corona Park to provide free, family-friendly recreational programming for the community. The event included...
HALLOWEEN EVENT - The Organization sponsored an annual Halloween event in Flushing Meadows Corona Park to provide free, family-friendly recreational programming for the community. The event included activities such as entertainment, seasonal programming, and community engagement initiatives designed to encourage public participation and promote use of the Park. The program primarily served local residents and families and supports the Organizations mission of enhancing the Park as a welcoming and inclusive community resource.
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)| 2024 | 2023 | Change | |
|---|---|---|---|
| Revenue | $418,177 | $451,361 | -0.1% |
| Expenses | $574,383 | $142,750 | +3.0% |
| Net Income | $-156,206 | $308,611 | -1.5% |
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 |
|---|---|---|---|---|---|---|
| Alessandro Olivieri | Secretary | 3.00 |
Director
|
$0 | $0 | $0 |
| Allan Swisher | Vice ChairPresident | 3.00 |
Director
|
$0 | $0 | $0 |
| Lynne K Fleischman | Member | 0.00 |
Director
|
$0 | $0 | $0 |
| Christopher Holmes | Member | 0.00 |
Director
|
$0 | $0 | $0 |
| Phil Ballman | Member | 0.00 |
Director
|
$0 | $0 | $0 |
| Laura Shepard | Member | 0.00 |
Director
|
$0 | $0 | $0 |
| Irak Cehonski | Member | 0.00 |
Director
|
$0 | $0 | $0 |
| Rupali Paranandi | Member | 0.00 |
Director
|
$0 | $0 | $0 |
| Justina Rivera | Alternate Director | 3.00 |
Director
|
$0 | $0 | $0 |
| Donovan Richards | Chairperson | 3.00 |
Officer
Director
|
$0 | $0 | $0 |
| Susan M Donoguhe | President | 3.00 |
Officer
Director
|
$0 | $0 | $0 |
| Brad Lander | Comptroller NYC | 3.00 |
Officer
Director
|
$0 | $0 | $0 |
| Jacqueline Thompson | Treasurer | 3.00 |
Officer
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2025 | $418,177 | $574,383 | $8,551,619 | $-156,206 |
| 2024 | $451,361 | $142,750 | $8,707,825 | $308,611 |
| 2023 | $306,457 | $7,750 | $8,400,035 | $298,707 |
| 2022 | $21,430 | $121,750 | $8,099,523 | $-100,320 |
| 2022 | $21,430 | $121,750 | $8,099,523 | $-100,320 |
| 2021 | $29,592 | $136,250 | $8,199,163 | $-106,658 |
| 2020 | $160,680 | $157,000 | $8,325,361 | $3,680 |
| 2019 | $84,101 | $196,870 | $8,316,714 | $-112,769 |
| 2018 | $28,093 | $51,895 | $8,301,591 | $-23,802 |
Compare Flushing Meadows Corona Park Improvement Fund Inc with other nonprofits in New York and across the country.