FLUSHING MEADOWS CORONA PARK CONSE… - Form 990 Financial Data

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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

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 for the enjoyment and use of Queens residents.

Program Service Accomplishments

Program 1

Expenses: $2,345 Revenue: $0

FMCPC Dino Event - June 2, 2018 at Flushing Meadow Corona Park. Open event in the park for approximately 150 children. Dinosaur exhibits and demonstration, balloon lady, music, gave out candy and...

FMCPC Dino Event - June 2, 2018 at Flushing Meadow Corona Park. Open event in the park for approximately 150 children. Dinosaur exhibits and demonstration, balloon lady, music, gave out candy and toys.

Program 2

Expenses: $1,555 Revenue: $0

Halloween Scavenger Hunt at Willow Lake, Flushing Meadow Corona Park. Hosted 75 children with halloween costumes. Decorated Al Mauro playground, placed items in hunt area, gave out candy and toys.

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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 $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

Governance

Voting Members

Independent Members

Employees

N/A

Volunteers

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
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

FLUSHING MEADOWS CORONA PARK CONSERVANCY