North Branch, NJ
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)Somerset County Park Foundation, founded in 1984, is a small nonprofit that reported $276K in total revenue in fiscal year 2024. Revenue surged 31% from the prior year, signaling strong growth momentum. The organization ran a surplus of $83K, a strong 30% operating margin.
The Foundation was created to preserve, support, and promote the Somerset County Park Commission programs, facilities, and open space through advocacy and fundraising.
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 | $275,999 | $210,544 | +0.3% |
| Expenses | $193,352 | $138,119 | +0.4% |
| Net Income | $82,647 | $72,425 | +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 |
|---|---|---|---|---|---|---|
| John Kitchen | Chairman | 2.00 |
Officer
Director
|
$0 | $0 | $0 |
| Jason Dameo | Vice Chairman | 2.00 |
Officer
Director
|
$0 | $0 | $0 |
| Charles B Rosen | Treasurer | 2.00 |
Officer
Director
|
$0 | $0 | $0 |
| Geoffrey D Soriano | Secretary | 2.00 |
Officer
Director
|
$0 | $0 | $0 |
| Donald DiFrancesco | Trustee | 2.00 |
Director
|
$0 | $0 | $0 |
| Paul Drake | Trustee | 2.00 |
Director
|
$0 | $0 | $0 |
| Karen Murphy | Trustee | 2.00 |
Director
|
$0 | $0 | $0 |
| Ellen Nardoni | Trustee | 2.00 |
Director
|
$0 | $0 | $0 |
| R Gary Quick | Trustee | 2.00 |
Director
|
$0 | $0 | $0 |
| Kip Bateman | Trustee | 2.00 |
Director
|
$0 | $0 | $0 |
| Joseph Antico | Trustee | 2.00 |
Director
|
$0 | $0 | $0 |
| Tom Miller | Trustee | 2.00 |
Director
|
$0 | $0 | $0 |
| Jeff Vanderbeek | Trustee | 2.00 |
Director
|
$0 | $0 | $0 |
| Dan Hayes | Trustee | 2.00 |
Director
|
$0 | $0 | $0 |
| Janine Erickson | Trustee | 2.00 |
Director
|
$0 | $0 | $0 |
| Ken Fivek | Trustee | 2.00 |
Director
|
$0 | $0 | $0 |
| John Morris | Trustee | 2.00 |
Director
|
$0 | $0 | $0 |
| Carrie Springer | Trustee | 2.00 |
Director
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2024 | $275,999 | $193,352 | $710,247 | $82,647 |
| 2023 | $210,544 | $138,119 | $627,500 | $72,425 |
| 2022 | $239,919 | $234,262 | $554,875 | $5,657 |
| 2021 | $214,944 | $116,224 | $549,118 | $98,720 |
| 2020 | $152,284 | $145,629 | $450,398 | $6,655 |
Compare Somerset County Park Foundation with other nonprofits in New Jersey and across the country.