FRIENDS OF PALMETTO ISLAND STATE PARK INC

EIN: 452273130 501(c)(3) Environment

PERRY, LA

Total Revenue
$30,219
Total Expenses
$11,412
Total Assets
$89,204
Net Assets
$89,204
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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
2011
Legal Domicile
LA
Tax Period
2019-01-01 to 2019-12-31

FRIENDS OF PALMETTO ISLAND STATE PARK INC, founded in 2011, is a micro nonprofit in the Environment sector that reported $30K in total revenue in fiscal year 2019. Revenue grew 11% year-over-year, indicating healthy expansion. The organization ran a surplus of $19K, a strong 62% operating margin.

Mission

To support local state park & recreation areas at Palmetto Island State Park

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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 (2019)

Revenue Breakdown

Contributions & Grants $11,987
Program Service Revenue $0
Investment Income $0
Other Revenue $18,232
TOTAL REVENUE $30,219

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $11,412
Other Expenses $11,412
TOTAL EXPENSES $11,412

Year-over-Year Comparison

2019 2018 Change
Revenue $30,219 $27,309 +0.1%
Expenses $11,412 $41,040 -0.7%
Net Income $18,807 $-13,731 -2.4%
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
7
Independent Members
7
Employees
N/A
Volunteers
55

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
2
$0
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Sammy Babineaux President 1.00
Officer
$0 $0 $0
Ovide Mercure Jr Treasurer 1.00
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
2019 $30,219 $11,412 $89,204 $18,807
2018 $27,309 $41,040 $70,397 $-13,731
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