TRUSTEES OF THE MORGAN MEMORIAL PARK (EIN 135562397) - 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

1932

Legal Domicile

Principal Officer

FREDERICK S CLARK

Phone

2125712300

Tax Period

2020-01-01 to 2020-12-31

TRUSTEES OF THE MORGAN MEMORIAL PARK, founded in 1932, is a micro nonprofit that reported $32K in total revenue in fiscal year 2020. Revenue decreased 19% compared to the prior year. The organization ran a surplus of $5K, a strong 17% operating margin.

Mission

MAINTENANCE AND OPERATION OF A PUBLIC PARK FOR THE FREE USE AND BENEFIT EXCLUSIVELY OF THE INHABITANTS OF GLEN COVE AND LOCUST VALLEY.

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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 (2020)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $0

Investment Income $31,875

Other Revenue $0

TOTAL REVENUE $31,875

Expense Breakdown

Grants Paid $0

Salaries & Benefits $9,981

Fundraising Expenses $0

Program Expenses $26,453

Other Expenses $16,472

TOTAL EXPENSES $26,453

Year-over-Year Comparison

	2020	2019	Change
Revenue	$31,875	$39,235	-0.2%
Expenses	$26,453	$19,074	+0.4%
Net Income	$5,422	$20,161	-0.7%

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

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
FREDERICK S CLARK	PRESIDENT	0.50	Officer Director	$0	$0	$0
MARK N PAGE	VICE PRESIDENT	0.30	Officer Director	$0	$0	$0
KATHERINE FREY	SECRETARY	0.30	Officer Director	$0	$0	$0
SAMUEL L MORGAN	TREASURER	0.30	Officer Director	$0	$0	$0
HNATHANIEL MORGAN	TRUSTEE	0.50	Director	$0	$0	$0
HARRY MORGAN	TRUSTEE	0.30	Director	$0	$0	$0
CRAIG PAIGE	TRUSTEE	0.30	Director	$0	$0	$0
HON REGINALD SPINELLO	TRUSTEE	0.30	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
2020	$31,875	$26,453	$2,813,062	$5,422
2019	$39,235	$19,074	$2,842,554	$20,161

TRUSTEES OF THE MORGAN MEMORIAL PARK