Albany, NY
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)FOREST LAKE PARK CLUB INC, founded in 1925, is a micro nonprofit that reported $81K in total revenue in fiscal year 2025. Expenses of $73K left a modest 10% surplus.
Maintain the common land/facilities and oversee all social activities. Provide all 35 cottage owners with the ability to enjoy facilities by maintaining water system; lake front; tennis court; farmhouse and barn. All expenses are covered through member assessments.
The association's farmhouse is the primary residence of of our caretaker, who maintains the association's property. In 2025 the association invested in a new battery powered push mower and leave...
The association's farmhouse is the primary residence of of our caretaker, who maintains the association's property. In 2025 the association invested in a new battery powered push mower and leave blower. This will not only support the work efforts but also environmental friendly for our beautiful grounds.
The association's roads need regular work after winters with significant snow. In 2025, we resurfaced many of our gravel roads.
As the association resides in a rural community we are reliant on the local volunteer ambulance. Without street lights, we invested in reflective numbers for each cottage to make it easier for first...
As the association resides in a rural community we are reliant on the local volunteer ambulance. Without street lights, we invested in reflective numbers for each cottage to make it easier for first responders to identify the cottage.
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)| 2025 | 2024 | Change | |
|---|---|---|---|
| Revenue | $80,875 | $77,195 | +0.0% |
| Expenses | $72,590 | $69,557 | +0.0% |
| Net Income | $8,285 | $7,638 | +0.1% |
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 |
|---|---|---|---|---|---|---|
| Kris Royce | Swim Instructor | 20 |
Key Emp
|
$3,200 | $0 | $3,200 |
| Brian Smith | Caretaker | 6 |
Highest
|
$600 | $0 | $600 |
| Doug Oglesby | Vice President | 5 |
Director
|
$0 | $0 | $0 |
| Megan Brown | Director | 1 |
Director
|
$0 | $0 | $0 |
| Alison Branco | President | 5 |
Director
|
$0 | $0 | $0 |
| Michael Hogan | Director | 1 |
Director
|
$0 | $0 | $0 |
| John Wyld | Treasurer | 1 |
Director
|
$0 | $0 | $0 |
| David Bruso | Secretary | 3 |
Director
|
$0 | $0 | $0 |
| Vincent McLoughlin | Director | 1 |
Director
|
$0 | $0 | $0 |
| Kathryn Howard | Director | 1 |
Director
|
$0 | $0 | $0 |
| Dan Rogers III | Director | 1 |
Director
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2025 | $80,875 | $72,590 | $965,251 | $8,285 |
| 2024 | $77,195 | $69,557 | $956,966 | $7,638 |
| 2023 | $84,994 | $61,011 | $956,643 | $23,983 |
| 2022 | $82,224 | $70,011 | $939,610 | $12,213 |
| 2021 | $77,930 | $72,045 | $923,298 | $5,885 |
| 2020 | $80,788 | $80,388 | $914,552 | $400 |
Compare FOREST LAKE PARK CLUB INC with other nonprofits in New York and across the country.