FRIENDS OF GANTRY PLAZA STATE PARK INC

EIN: 473613599 501(c)(3) Education

LONG ISLAND CITY, NY

Total Revenue
$466,105
Total Expenses
$381,325
Total Assets
$357,750
Net Assets
$331,588
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2005
Legal Domicile
NY
Principal Officer
ROB BASCH
Phone
9175320406
Tax Period
2024-01-01 to 2024-12-31

FRIENDS OF GANTRY PLAZA STATE PARK INC, founded in 2005, is a small nonprofit in the Education sector that reported $466K in total revenue in fiscal year 2024. Revenue surged 40% from the prior year, signaling strong growth momentum. The organization ran a surplus of $85K, a strong 18% operating margin.

Mission

OUR MISSION IS TO ENHANCE AND ADVOCATE FOR THE GREEN SPACES AND WATERFRONT OF LONG ISLAND CITY, QUEENS, AND TO ENSURE THE PARKS REMAIN AN INDISPENSABLE ASSET TO THE COMMUNITY. IN ADDITION TO GARDENING IN HUNTERS POINT PARK AND GANTRY PLAZA STATE PARK, WE SPONSOR SUMMER PROGRAMMING FOR CHILDREN, OUTDOOR FITNESS CLASSES AND ART.

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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 (2024)

Revenue Breakdown

Contributions & Grants $344,752
Program Service Revenue $0
Investment Income $5,167
Other Revenue $116,186
TOTAL REVENUE $466,105

Expense Breakdown

Grants Paid $0
Salaries & Benefits $117,054
Fundraising Expenses $10,649
Program Expenses $319,439
Other Expenses $264,271
TOTAL EXPENSES $381,325

Year-over-Year Comparison

2024 2023 Change
Revenue $466,105 $332,354 +0.4%
Expenses $381,325 $382,551 0.0%
Net Income $84,780 $-50,197 -2.7%
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

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Liquidity & Cash Position

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Governance

Voting Members
15
Independent Members
15
Employees
3
Volunteers
350

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
4
$0
Total Directors
16
$99,900
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
ROB BASCH PRESIDENT 20.00
Officer Director
$0 $0 $0
LEONARD KLIPPER VICE PRESIDENT 10.00
Officer Director
$0 $0 $0
SUMANTRO DAS SECRETARY 4.00
Officer Director
$0 $0 $0
MICHAEL KOENECKE TREASURER 4.00
Officer Director
$0 $0 $0
KELLY CRAIG MEMBER 4.00
Director
$0 $0 $0
REBECCA HORNSTEIN MEMBER 4.00
Director
$0 $0 $0
ANN MARGARET OCONNER MEMBER 4.00
Director
$0 $0 $0
MATTHEW QUIGLEY MEMBER 4.00
Director
$0 $0 $0
ALLIE HAAKE MEMBER 4.00
Director
$0 $0 $0
HOSSEIN ALEYASIN MEMBER 4.00
Director
$0 $0 $0
LINDSAY DELLER MEMBER 4.00
Director
$0 $0 $0
IAN CHIN MEMBER 4.00
Director
$0 $0 $0
ANDRE GALAN MEMBER 4.00
Director
$0 $0 $0
NINA KANTCHEVA TUSHEV MEMBER 4.00
Director
$0 $0 $0
BARBARA ETZEL MEMBER 10.00
Director
$0 $0 $0
JESSICA SECHRIST EXECUTIVE DIRECTOR 40.00
Director
$95,400 $4,500 $99,900
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 $466,105 $381,325 $357,750 $84,780
2023 $332,354 $382,551 $250,082 $-50,197
2022 $400,064 $351,917 $298,945 $48,147
2021 $292,565 $220,499 $256,293 $72,066
2020 $179,388 $171,738 $177,484 $7,650
2019 $234,160 $172,862 $170,134 $61,298
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