NATHAN BENDERSON PARK CONSERVANCY INC

EIN: 452641647 501(c)(3) Recreation & Sports

SARASOTA, FL

Total Revenue
$4,675,236
Total Expenses
$3,906,776
Total Assets
$2,392,615
Net Assets
$2,160,098
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2010
Legal Domicile
FL
Principal Officer
BRUCE PATNEAUDE
Phone
9413587275
Tax Period
2023-10-01 to 2024-09-30

NATHAN BENDERSON PARK CONSERVANCY INC, founded in 2010, is a community nonprofit in the Recreation & Sports sector that reported $4.7M in total revenue in fiscal year 2023. The organization ran a surplus of $768K, a strong 16% operating margin.

Mission

TO MANAGE AND PROMOTE NATHAN BENDERSON PARK BY PROVIDING RECREATIONAL OPPORTUNITIES AND FACILITIES FOR PEOPLE TO ENJOY AND ENGAGE IN ACTIVITIES THAT PROMOTE HEALTH AND ENHANCE THE QUALITY OF LIFE AND ENVIRONMENT, AND TO GENERATE ECONOMIC IMPACT FOR OUR REGION.

Program Service Accomplishments

Program 1
Expenses: $3,391,974 Revenue: $4,675,236

THE ORGANIZATION'S PRIMARY PURPOSE IS TO MANAGE AND PROMOTE NATHAN BENDERSON PARK AS A WORLD-CLASS EVENT CENTER, TEAM TRAINING SITE AND SARASOTA COUNTY PARK, WHILE PROVIDING OUTREACH PROGRAMS THROUGH...

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THE ORGANIZATION'S PRIMARY PURPOSE IS TO MANAGE AND PROMOTE NATHAN BENDERSON PARK AS A WORLD-CLASS EVENT CENTER, TEAM TRAINING SITE AND SARASOTA COUNTY PARK, WHILE PROVIDING OUTREACH PROGRAMS THROUGH RECREATION, SAFETY TRAINING, EDUCATION AND VOLUNTEERING AS A SERVICE TO THE COMMUNITY.

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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 (2023)

Revenue Breakdown

Contributions & Grants $2,800,332
Program Service Revenue $1,825,580
Investment Income $8,311
Other Revenue $41,013
TOTAL REVENUE $4,675,236

Expense Breakdown

Grants Paid $0
Salaries & Benefits $1,065,667
Fundraising Expenses $100,752
Program Expenses $3,391,974
Other Expenses $2,841,109
TOTAL EXPENSES $3,906,776

Year-over-Year Comparison

2023 2022 Change
Revenue $4,675,236 $4,713,388 0.0%
Expenses $3,906,776 $3,767,999 +0.0%
Net Income $768,460 $945,389 -0.2%
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

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Financial Distress Indicator

Liquidity & Cash Position

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Governance

Voting Members
8
Independent Members
8
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
5
$0
Total Directors
8
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
MICHAEL TAAFFE CHAIRMAN 2.00
Officer Director
$0 $0 $0
CURTIS JORDAN CHAIR ELECT 2.00
Officer Director
$0 $0 $0
DR JOANNE FAVA SECRETARY 2.00
Officer Director
$0 $0 $0
RON CUTSINGER DIRECTOR 2.00
Director
$0 $0 $0
LINDA DE MELLO DIRECTOR 2.00
Director
$0 $0 $0
MOLLY JACKSON DIRECTOR 2.00
Director
$0 $0 $0
LOUIS KOSIBA DIRECTOR 2.00
Director
$0 $0 $0
JAY RILEY DIRECTOR 2.00
Director
$0 $0 $0
BRUCE PATNEAUDE COO 40.00
Officer
$0 $0 $0
STEPHEN RODRIGUEZ CEO - RESIGNED 3/1/23 40.00
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
2024 $4,675,236 $3,906,776 $2,392,615 $768,460
2023 $4,713,388 $3,767,999 $1,680,809 $945,389
2022 $5,019,986 $5,325,400 $1,942,780 $-305,414
2021 $3,277,467 $3,793,353 $1,629,043 $-515,886
2020 $-5,560,123 $2,653,459 $1,765,437 $-8,213,582
2019 $4,424,969 $4,343,652 $10,014,901 $81,317
2018 $3,997,016 $4,421,076 $10,663,227 $-424,060
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