FLUSHING MEADOWS CORONA PARK CONSERVANCY

EIN: 300037735 501(c)(3) Recreation & Sports

Forest Hills, NY

Total Revenue
$5,496
Total Expenses
$11,053
Total Assets
$22,470
Net Assets
$22,470
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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
2001
Legal Domicile
NY
Principal Officer
Jean Silva
Phone
7185447436
Tax Period
2018-01-01 to 2018-12-31

FLUSHING MEADOWS CORONA PARK CONSERVANCY, founded in 2001, is a micro nonprofit in the Recreation & Sports sector that reported $5K in total revenue in fiscal year 2018. Expenses of $11K exceeded revenue, resulting in a 101% operating deficit.

Mission

To maintain and improve Flushing Meadows Corona Park to enhance its use by Queens residents.

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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%)

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Financial Overview (2018)

Revenue Breakdown

Contributions & Grants $5,496
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $5,496

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $3,900
Other Expenses $11,053
TOTAL EXPENSES $11,053

Year-over-Year Comparison

2018 2017 Change
Revenue $5,496 $5,496 N/A
Expenses $11,053 $11,131 0.0%
Net Income $-5,557 $-5,635 0.0%
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

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Governance

Voting Members
5
Independent Members
5
Employees
N/A
Volunteers
5

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
3
$0
Total Directors
2
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Fredrick Kress Director 1
Director
$0 $0 $0
Harbachan Singh Director 1
Director
$0 $0 $0
Jean C Silva President 20
Officer
$0 $0 $0
Kim R Ohanian Secretary 2
Officer
$0 $0 $0
Richard C Hellenbrecht Treasurer 2
Officer
$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 $5,496 $11,053 $22,470 $-5,557
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