FRIENDS OF HALF MOON BAY PARKS AND RECREATION

EIN: 454620600 501(c)(3) Community Improvement

HALF MOON BAY, CA

Total Revenue
$49,587
Total Expenses
$39,027
Total Assets
$70,321
Net Assets
$70,321
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2013
Legal Domicile
CA
Principal Officer
ALAN ALIFANO
Phone
6507263676
Tax Period
2021-01-01 to 2021-12-31

FRIENDS OF HALF MOON BAY PARKS AND RECREATION, founded in 2013, is a micro nonprofit in the Community Improvement sector that reported $50K in total revenue in fiscal year 2021. Revenue surged 192% from the prior year, signaling strong growth momentum. The organization ran a surplus of $11K, a strong 21% operating margin.

Mission

TO BUILD, PRESERVE AND MAINTAIN CERTAIN PARKS AND RECREATION FACILITIES IN HALF MOON BAY, CA.

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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 (2021)

Revenue Breakdown

Contributions & Grants $48,739
Program Service Revenue $0
Investment Income $728
Other Revenue $120
TOTAL REVENUE $49,587

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $25,581
Other Expenses $39,027
TOTAL EXPENSES $39,027

Year-over-Year Comparison

2021 2020 Change
Revenue $49,587 $16,992 +1.9%
Expenses $39,027 $12,634 +2.1%
Net Income $10,560 $4,358 +1.4%
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
4
Independent Members
4
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
1
$0
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
ALAN ALIFANO PRESIDENT N/A
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
2021 $49,587 $39,027 $70,321 $10,560
2020 $16,992 $12,634 $59,761 $4,358
2019 $32,747 $15,042 $55,382 $17,705
2018 $2,734 $2,556 $37,133 $178
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