LINCROFT, NJ
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)FRIENDS OF THE MONMOUTH COUNTY PARK SYSTEM INC, founded in 1991, is a small nonprofit in the Environment sector that reported $885K in total revenue in fiscal year 2024. Revenue decreased 8% compared to the prior year. The organization ran a surplus of $437K, a strong 49% operating margin.
THE FRIENDS OF THE MONMOUTH COUNTY PARK SYSTEM, INC. IS A NON-PROFIT, VOLUNTARY MEMBERSHIP ORGANIZATION FORMED UNDER THE PERTINENT STATUES OF THE STATE OF NEW JERSEY. THE PRIMARY PURPOSE OF THIS CORPORATION IS TO ASSIST THE MONMOUTH COUNTY BOARD OF RECREATION COMMISSIONERS, THE MONMOUTH COUNTY BOARD OF CHOSEN FREEHOLDERS, THE CITIZENS OF MONMOUTH COUNTY AND OTHER INTERESTED GROUPS IN MEETING THE OBJECTIVES AND PURPOSES OF THE MONMOUTH COUNTY PARK SYSTEM. THIS INCLUDES RECREATIONAL, OPEN SPACE, HISTORICAL PRESERVATION, CONSERVATION, CULTURAL, HORTICULTURAL, AND EDUCATIONAL FACILITIES AND PROGRAMMING, SPECIFICALLY - TO INCREASE THE PARK SYSTEM'S VALUE THROUGH DONATION OF SERVICES, PROPERTY, FINANCIAL ASSISTANCE, EDUCATIONAL ASSISTANCE, SCHOLARSHIPS AND COORDINATION OF VOLUNTEER ACTIVITIES; - TO ENHANCE EXISTING RESOURCES THROUGH FUNDING AND MANAGEMENT FOR BEAUTIFICATION, RESTORATION AND LIMITED CAPITAL IMPROVEMENT PROJECTS; - TO OPERATE, MANAGE AND MAINTAIN FACILITIES AND PROGRAMS; - TO
IN 2024, SPECIAL PROJECTS FUNDED BY THE FRIENDS INCLUDED A COMMITMENT TO RENOVATING THE CARRIAGE HOUSE AT HISTORIC PORTLAND PLACE. AS PART OF THIS AGREEMENT, THE FRIENDS CONTRACTED AN ARCHITECTURAL...
IN 2024, SPECIAL PROJECTS FUNDED BY THE FRIENDS INCLUDED A COMMITMENT TO RENOVATING THE CARRIAGE HOUSE AT HISTORIC PORTLAND PLACE. AS PART OF THIS AGREEMENT, THE FRIENDS CONTRACTED AN ARCHITECTURAL FIRM TO PROVIDE AN ASSESSMENT OF THE CARRIAGE HOUSE FOR ADAPTIVE USE. ADDITIONAL FUNDING WAS PROVIDED TO HISTORIC LONGSTREET FARM FOR PLASTER REPAIRS AND HISTORIC COSTUMES. PLUS, FUNDING WAS PROVIDED TO PURCHASE ARTIFACTS AND EXHIBIT ITEMS FOR THE HISTORIC RACING BARN AT THOMPSON PARK. IN PARTNERSHIP WITH THE LIONS CLUB OF COLTS NECK, THE FRIENDS FUNDED HALF OF THE DESIGN AND FABRICATION OF BRAILLE TRAIL WAYSIDE EXHIBIT PANELS AND AUDIO SOUNDTRACK COSTS FOR THE PERIMETER TRAIL AT THE MANASQUAN RESERVOIR. THIS ENDEAVOR IS THE FIRST OF ITS KIND IN MONMOUTH COUNTY. THE FRIENDS OF THE PARKS CONTINUED PROVIDING RECREATION ASSISTANCE FUNDING FOR CAMP SCHOLARSHIPS, AFTER-SCHOOL PROGRAMS, AND PARK EXCURSIONS FOR THE URBAN RECREATION DIVISION AND COMMUNITY RECREATION DIVISION. THE FRIENDS FUNDED THE RESEARCH, EDITING, AND PUBLICATION OF A BOOKLET COMMEMORATING THE LEGACY OF LATE MONMOUTH COUNTY PARK SYSTEM DIRECTOR JAMES J. TRUNCER. THE FRIENDS ARE ALSO PROUD TO PROVIDE SUPPORT FOR ADVANCED EDUCATION, TRAINING SEMINARS, TRAVEL EXPENSES FOR MONMOUTH COUNTY PARK SYSTEM STAFF PLUS HOSPITALITY COSTS FOR VISITING ACCREDITATION TEAMS. THE FRIENDS PURCHASED ROSE BUSHES, ORCHIDS AND KOI FOOD FOR DEEP CUT GARDENS. ADDITIONAL FUNDING WAS PROVIDED FOR TOOLS AND REFRESHMENTS FOR THE VOLUNTEER CORPS TEAMS. HELD EACH YEAR ON THE FIRST SATURDAY IN MAY DURING THE GREAT MIGRATION, THE WORLD SERIES OF BIRDING IS A 24-HOUR COMPETITION WHERE OVER 100 TEAMS COMPETE TO COUNT AS MANY BIRD SPECIES AS POSSIBLE. THE FRIENDS ARE PROUD TO SPONSOR A BIRDING TEAM FROM THE MONMOUTH COUNTY PARK SYSTEM FOR THIS IMPORTANT WILDLIFE CONSERVATION EVENT. THE FRIENDS HOSTED THE 1ST ANNUAL MONMOUTH COUNTY CUP PICKLEBALL TOURNAMENT ON JUNE 1ST AT DORBROOK RECREATION AREA, COLTS NECK. THIS ALL DAY EVENT BROUGHT 110 PLAYERS TO COMPETE IN A ROUND ROBIN ALL DAY TOURNAMENT. THE FRIENDS OF THE PARKS ANNUAL GOLF OUTING WAS HELD AT HOMINY HILL GOLF COURSE. THE OUTING BEGAN WITH A CONTINENTAL BREAKFAST, FOLLOWED BY 18 HOLES OF GOLF, AND INCLUDED A PUTTING CONTEST, GAMES OF SKILL, LUNCHEON, PRIZES, AND GIFT AUCTIONS. THANK YOU TO OUR SPONSORS AND GOLFERS THE FRIENDS ARE PROUD TO PROVIDE THIS SUPPORT FOR THE MONMOUTH COUNTY PARK SYSTEM.
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 | $885,423 | $959,609 | -0.1% |
| Expenses | $447,983 | $115,880 | +2.9% |
| Net Income | $437,440 | $843,729 | -0.5% |
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 |
|---|---|---|---|---|---|---|
| CHRISTOPHER BRETT | DIRECTOR | 1.00 |
Director
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$0 | $0 | $0 |
| HEATHER COLELLA | DIRECTOR | 1.00 |
Director
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$0 | $0 | $0 |
| GAIL CULLEN | DIRECTOR | 1.00 |
Director
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$0 | $0 | $0 |
| TINA EARLEY | DIRECTOR | 1.00 |
Director
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$0 | $0 | $0 |
| JOSEPH AZZOLINA JR | DIRECTOR | 1.00 |
Director
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$0 | $0 | $0 |
| HON JOHN D'AMICO JR | DIRECTOR | 1.00 |
Director
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$0 | $0 | $0 |
| JAMES MARKEY | DIRECTOR | 1.00 |
Director
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$0 | $0 | $0 |
| CHRIS MOSLEY | DIRECTOR | 1.00 |
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$0 | $0 | $0 |
| MARIANN MUSELLA | DIRECTOR | 1.00 |
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$0 | $0 | $0 |
| DR PAUL PEDUTO | DIRECTOR | 1.00 |
Director
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$0 | $0 | $0 |
| FRANK PICONE | DIRECTOR | 1.00 |
Director
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$0 | $0 | $0 |
| ANNE RYAN | DIRECTOR | 1.00 |
Director
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$0 | $0 | $0 |
| ISHAN SHAH | DIRECTOR | 1.00 |
Director
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$0 | $0 | $0 |
| ANDREW SPEARS | DIRECTOR | 1.00 |
Director
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$0 | $0 | $0 |
| MARILYN STARON | DIRECTOR | 1.00 |
Director
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$0 | $0 | $0 |
| AUDREY FALZO | SECRETARY | 2.00 |
Officer
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$0 | $0 | $0 |
| SHANNON MARTIAK | PRESIDENT | 2.00 |
Officer
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$0 | $0 | $0 |
| ALEXANDER MULHEREN | TREASURER | 2.00 |
Officer
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$0 | $0 | $0 |
| THOMAS SANNELLI | SECOND TREAS | 1.00 |
Officer
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$0 | $0 | $0 |
| CHAD SCHORR | VICE PRESIDE | 2.00 |
Officer
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$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2024 | $885,423 | $447,983 | $2,306,568 | $437,440 |
| 2023 | $959,609 | $115,880 | $1,772,441 | $843,729 |
| 2022 | $268,013 | $266,612 | $860,711 | $1,401 |
| 2021 | $712,039 | $193,205 | $1,033,350 | $518,834 |
| 2020 | $92,108 | $60,536 | $500,873 | $31,572 |
| 2019 | $290,749 | $194,003 | $463,503 | $96,746 |
| 2018 | $109,585 | $114,104 | $366,884 | $-4,519 |
Compare FRIENDS OF THE MONMOUTH COUNTY PARK SYSTEM INC with other nonprofits in New Jersey and across the country.