FRIENDS OF PRINCETON OPEN SPACE

EIN: 237259355 501(c)(3) Environment

PRINCETON, NJ

Total Revenue
$279,533
Total Expenses
$202,352
Total Assets
$3,788,945
Net Assets
$3,753,504
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1969
Legal Domicile
NJ
Principal Officer
WENDY L MAGER
Phone
6099212772
Tax Period
2023-07-01 to 2024-06-30

FRIENDS OF PRINCETON OPEN SPACE, founded in 1969, is a small nonprofit in the Environment sector that reported $280K in total revenue in fiscal year 2023. Revenue fell 62% from the prior year — a significant decline worth monitoring. The organization ran a surplus of $77K, a strong 28% operating margin.

Mission

IN PRINCETON: ACQUIRING OPEN SPACE FOR PRESERVATION, PROTECTING NATURAL RESOURCES, MAINTAINING ACCESSIBILITY TO TRAILS AND PROVIDING ENVIRONMENTAL EDUCATION. IN THE PRINCETON REGION: WORKING WITH GROUPS TO SUPPORT EFFORTS TO PRESERVE AND PROTECT OPEN SPACE AND THE ENVIRONMENT.

Program Service Accomplishments

Program 1
Expenses: $74,476

FRIENDS OF PRINCETON OPEN SPACE PROTECTS NATURAL RESOURCES BY MANAGING THE BILLY JOHNSON MOUNTAIN LAKES NATURE PRESERVE, ON WHICH IT HOLDS THE CONSERVATION EASEMENTS. INVASIVE PLANTS ARE REMOVED AND...

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FRIENDS OF PRINCETON OPEN SPACE PROTECTS NATURAL RESOURCES BY MANAGING THE BILLY JOHNSON MOUNTAIN LAKES NATURE PRESERVE, ON WHICH IT HOLDS THE CONSERVATION EASEMENTS. INVASIVE PLANTS ARE REMOVED AND ECOLOGICAL RESTORATION PROJECTS ARE CONDUCTED; NATIVE PLANTS ARE GROWN, PLANTED AND MAINTAINED BY OR UNDER THE SUPERVISION OF THE DIRECTOR, NATURAL RESOURCES AND STEWARDSHIP.

Program 2
Expenses: $17,956

FRIENDS OF PRINCETON OPEN SPACE BOARD MEMBERS AND VOLUNTEERS HAVE MAINTAINED OVER 8 MILES OF TRAILS IN MOUNTAIN LAKES OPEN SPACE AREA AND HAVE RESTORED AND MAINTAINED TRAILS THROUGHOUT THE...

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FRIENDS OF PRINCETON OPEN SPACE BOARD MEMBERS AND VOLUNTEERS HAVE MAINTAINED OVER 8 MILES OF TRAILS IN MOUNTAIN LAKES OPEN SPACE AREA AND HAVE RESTORED AND MAINTAINED TRAILS THROUGHOUT THE MUNICIPALITY. SIGNIFICANT WORK IS COMPLETED TO CLEAR TRAILS OF SEASONAL OVERGROWTH. FOPOS HAS ADDED STONE STEPS, FOOTBRIDGES AND BOARDWALKS TO VARIOUS TRAILS TO MAKE THEM MORE ACCESSIBLE.

Program 3
Expenses: $56,078

FRIENDS OF PRINCETON OPEN SPACE HAS PRESENTED EDUCATIONAL EVENTS AND SPEAKERS AT THE BILLY JOHNSON MOUNTAIN LAKES NATURE PRESERVE AND ELSEWHERE IN THE COMMUNITY ON TOPICS SUCH AS GARDENING WITH...

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FRIENDS OF PRINCETON OPEN SPACE HAS PRESENTED EDUCATIONAL EVENTS AND SPEAKERS AT THE BILLY JOHNSON MOUNTAIN LAKES NATURE PRESERVE AND ELSEWHERE IN THE COMMUNITY ON TOPICS SUCH AS GARDENING WITH NATIVE SPECIES, INVASIVE SPECIES, AND THE FLORA AND FAUNA OF THE GREATER MOUNTAIN LAKES OPEN SPACE AREA. FOPOS HAS ALSO CO-SPONSORED EVENTS SUCH AS GUIDED TRAIL WALKS WITH OTHER ENVIRONMENTAL/EDUCATIONAL GROUPS. THE BOARD AND OTHER MEMBERS CONTRIBUTED TOWARDS SUPPORT FOR STAFFING AND EXPENSES.

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Trantor Score

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $277,261
Program Service Revenue $0
Investment Income $2,272
Other Revenue $0
TOTAL REVENUE $279,533

Expense Breakdown

Grants Paid $0
Salaries & Benefits $117,337
Fundraising Expenses $0
Program Expenses $148,510
Other Expenses $85,015
TOTAL EXPENSES $202,352

Year-over-Year Comparison

2023 2022 Change
Revenue $279,533 $726,117 -0.6%
Expenses $202,352 $201,670 +0.0%
Net Income $77,181 $524,447 -0.9%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
21
Independent Members
21
Employees
7
Volunteers
650

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
6
$0
Total Directors
21
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
NASIM ALI ASST. TREASU 1.00
Officer Director
$0 $0 $0
JESSICA ATKINS TRUSTEE 1.00
Director
$0 $0 $0
PETER GREEN TRUSTEE 1.00
Director
$0 $0 $0
FREDERICK BIGELOW JR TREASURER 5.00
Officer Director
$0 $0 $0
HAYDEN SMITH JR TRUSTEE 1.00
Director
$0 $0 $0
ROBERT KISER TRUSTEE (JUL 1.00
Director
$0 $0 $0
LIZ LEMPERT TRUSTEE 1.00
Director
$0 $0 $0
CLARK LENNON VICE-PRESIDE 10.00
Officer Director
$0 $0 $0
ANNARIE LYLES TRUSTEE 1.00
Director
$0 $0 $0
SCOTIA MACRAE TRUSTEE 1.00
Director
$0 $0 $0
WENDY L MAGER PRESIDENT 10.00
Officer Director
$0 $0 $0
FRAN MCMANUS TRUSTEE 1.00
Director
$0 $0 $0
HILARY PERSKY SECRETARY 1.00
Officer Director
$0 $0 $0
GEORGE POINT TRUSTEE 1.00
Director
$0 $0 $0
THOMAS E SCHORR TRUSTEE 5.00
Director
$0 $0 $0
WINIFRED HUGHES SPAR TRUSTEE 1.00
Director
$0 $0 $0
RUKSHANA TARAPOREWALA TRUSTEE 1.00
Director
$0 $0 $0
ERIC TAZELAAR TRUSTEE 1.00
Director
$0 $0 $0
MICHAEL TIMMONS TRUSTEE 1.00
Director
$0 $0 $0
LEE VARIAN TRUSTEE (JUL 1.00
Director
$0 $0 $0
ROBERT VON ZUMBUSCH VICE-PRESIDE 10.00
Officer 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
2025 No data No data No data No data
2024 $279,533 $202,352 $3,788,945 $77,181
2023 $726,117 $201,670 $3,705,012 $524,447
2022 $219,356 $174,599 $3,184,115 $44,757
2021 $205,524 $159,783 $3,219,150 $45,741
2020 $213,915 $210,616 $3,067,756 $3,299
2019 $150,997 $113,111 $3,062,783 $37,886
2018 $404,842 $127,943 $3,254,957 $276,899
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