SUMMIT, NJ
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)SUMMIT PARK LINE FOUNDATION INC CO ROBERT J RUBINO MD, founded in 2015, is a micro nonprofit in the Recreation & Sports sector that reported $54K in total revenue in fiscal year 2024. Revenue surged 172% from the prior year, signaling strong growth momentum. The organization ran a surplus of $37K, a strong 70% operating margin.
TO SUPPORT THE CONVERSION AND MAINTENANCE OF AN ABANDONED RAILWAY IN SUMMIT, NJ INTO A SAFE AND SCENIC LINEAR PUBLIC COMMUNITY PARK AND PEDESTRIAN AND BICYCLE THOROUGHFARE. FURTHERMORE, TO LEASE THE ABANDONED RAILWAY LAND THAT WILL FORM THE PARK FROM THE NEW JERSEY DEPARTMENT OF TRANSPORTATION FOR A NOMINAL FEE OF $1.00 ON THE CONDITION THAT IT BE USED SOLELY AS A PARK.
PHASES 1,2,3 AND 4 - THESE PHASES HAVE BEEN COMPLETED WITH THE INSTALLATION OF THE BRIDGE THAT SPANS MORRIS AVENUE CONNECTING THE TRAIL TO BRYANT PARK, WHICH WAS INSTALLED ON OCTOBER 22, 2O22.PHASE 5...
PHASES 1,2,3 AND 4 - THESE PHASES HAVE BEEN COMPLETED WITH THE INSTALLATION OF THE BRIDGE THAT SPANS MORRIS AVENUE CONNECTING THE TRAIL TO BRYANT PARK, WHICH WAS INSTALLED ON OCTOBER 22, 2O22.PHASE 5 - THIS PHASE WILL RESURFACE TWO EXISTING BRIDGES A. THE BRIDGE OVER ASHWOOD AVENUE AND B. THE BRIDGE OVER RUSSEL PLACE. EGRESS STAIRS WILL BE ADDED TO THE RUSSEL PLACE BRIDGE ENTRANCE. IN 2023 ENGINEERING STUDIES WERE PAID FOR THIS PHASE. CONTINUED PURPOSE - TO MAINTAIN AND IMPROVE SITE FOR COMMUNITY ENJOYMENT AND SAFETY.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2024 | 2023 | Change | |
|---|---|---|---|
| Revenue | $53,800 | $19,792 | +1.7% |
| Expenses | $16,313 | $796,099 | -1.0% |
| Net Income | $37,487 | $-776,307 | -1.0% |
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
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| ROBERT J RUBINO MD | President | 5.00 |
Officer
Director
|
$0 | $0 | $0 |
| SUSAN RUBINO | Trustee | 1.00 |
Director
|
$0 | $0 | $0 |
| FRANK MACIOCE | Vice President | 2.00 |
Officer
Director
|
$0 | $0 | $0 |
| JAMES J BRINKERHOFF | Vice President | 3.00 |
Officer
Director
|
$0 | $0 | $0 |
| DEBRA KARRAT | Secretary | 2.00 |
Officer
Director
|
$0 | $0 | $0 |
| MARK YEAGER | Trustee | 1.00 |
Director
|
$0 | $0 | $0 |
| ELISSA CORDREY | Trustee | 1.00 |
Director
|
$0 | $0 | $0 |
| ALBERT LORD III | Trustee | 1.00 |
Director
|
$0 | $0 | $0 |
| JEFFREY HANKINSON | Trustee | 1.00 |
Director
|
$0 | $0 | $0 |
| KEITH LANGWORTHY | Treasurer | 2.00 |
Officer
Director
|
$0 | $0 | $0 |
| LEE KELLOGG-SADRIAN | Trustee | 1.00 |
Director
|
$0 | $0 | $0 |
| KATE GIOVAMBATISTA | Trustee | 1.00 |
Director
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2024 | $53,800 | $16,313 | $342,638 | $37,487 |
| 2023 | $19,792 | $796,099 | $305,379 | $-776,307 |
| 2022 | $234,587 | $12,012 | $1,081,458 | $222,575 |
| 2021 | $128,057 | $23,465 | $858,883 | $104,592 |
| 2020 | $331,776 | $1,913 | $754,291 | $329,863 |
| 2019 | $76,954 | $10,075 | $424,428 | $66,879 |
| 2018 | $173,917 | $9,292 | $357,549 | $164,625 |
Compare SUMMIT PARK LINE FOUNDATION INC CO ROBERT J RUBINO MD with other nonprofits in New Jersey and across the country.