FRANKLIN LAKES PARKS & RECREATION FOUNDATION C/O CONSTANTINE D SKAMAS (EIN 223267895) - 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

1994

Legal Domicile

Principal Officer

CONSTANTINE SKAMAS

Phone

2016552944

Tax Period

2018-01-01 to 2018-12-31

FRANKLIN LAKES PARKS & RECREATION FOUNDATION C/O CONSTANTINE D SKAMAS, founded in 1994, is a micro nonprofit in the Youth Development sector that reported $77K in total revenue in fiscal year 2018. The organization ran a surplus of $21K, a strong 27% operating margin.

Mission

THE FOUNDATION'S MOST SIGNIFICANT FUND RAISING ACTIVITY IS FROM IT'S ANNUAL CHARITY EVENT RECTOBERFLRF. PROCEEDS FROM THAT ARE GRANTED FOR CAPITAL IMPROVEMENTS TO TOWN PARKS AND TO SUPPLEMENT RECREATIONAL PROGRAMS.

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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 (2018)

Revenue Breakdown

Contributions & Grants $67,140

Program Service Revenue $1,000

Investment Income $24

Other Revenue $8,555

TOTAL REVENUE $76,719

Expense Breakdown

Grants Paid $46,000

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $47,710

Other Expenses $10,100

TOTAL EXPENSES $56,100

Year-over-Year Comparison

	2018	2017	Change
Revenue	$76,719	N/A	N/A
Expenses	$56,100	N/A	N/A
Net Income	$20,619	$0	N/A

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

N/A

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
MICHAEL BEDRIN	CO-PRESIDENT	1.00	Officer Director	$0	$0	$0
MICHELE DELUCCIA	CO-PRESIDENT	1.00	Officer Director	$0	$0	$0
CONSTANTINE SKAMAS	TREASURER	2.00	Officer Director	$0	$0	$0
HOLLY MANUELIAN	SECRETARY	1.00	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
2018	$76,719	$56,100	$122,653	$20,619

FRANKLIN LAKES PARKS & RECREATION FOUNDATION C/O CONSTANTINE D SKAMAS