FRIENDS OF WILMINGTON PARKS

EIN: 510336991 501(c)(3) Environment

MONTCHANIN, DE

Total Revenue
$127,164
Total Expenses
$199,629
Total Assets
$387,065
Net Assets
$387,065
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1991
Legal Domicile
DE
Principal Officer
LESLIE HUBBARD
Phone
3026563665
Tax Period
2024-07-01 to 2025-06-30

FRIENDS OF WILMINGTON PARKS, founded in 1991, is a small nonprofit in the Environment sector that reported $127K in total revenue in fiscal year 2024. Revenue fell 35% from the prior year — a significant decline worth monitoring. Expenses of $200K exceeded revenue, resulting in a 57% operating deficit.

Mission

FRIENDS OF WILMINGTON PARKS IS DEDICATED TO PROMOTE THE SENSITIVE RESTORATION OF PARKLAND & BUILDINGS OF THE WILMINGTON STATE PARKS AND TO ADVOCATE PROGRAMS FOR PUBLIC ENRICHMENT

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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 $124,376
Program Service Revenue $0
Investment Income $2,788
Other Revenue $0
TOTAL REVENUE $127,164

Expense Breakdown

Grants Paid $0
Salaries & Benefits $53,794
Fundraising Expenses $9,982
Program Expenses $159,702
Other Expenses $145,835
TOTAL EXPENSES $199,629

Year-over-Year Comparison

2024 2023 Change
Revenue $127,164 $194,460 -0.3%
Expenses $199,629 $89,068 +1.2%
Net Income $-72,465 $105,392 -1.7%
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

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Financial Distress Indicator

Liquidity & Cash Position

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Governance

Voting Members
17
Independent Members
17
Employees
1
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
$45,000
Total Directors
13
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
BENJAMIN ALLEN BOARD MEMBER 2.00
Director
$0 $0 $0
ELLEN MUENTER BOARD MEMBER 2.00
Director
$0 $0 $0
ANDREA FILBECK BOARD MEMBER 2.00
Director
$0 $0 $0
NATALIE EPHRAIM BOARD MEMBER 2.00
Director
$0 $0 $0
KEVIN FENNESSY BOARD MEMBER 2.00
Director
$0 $0 $0
SARAH FRASER BOARD MEMBER 2.00
Director
$0 $0 $0
ELIZABETH FREUD BOARD MEMBER 2.00
Director
$0 $0 $0
PHILLIP LIU BOARD MEMBER 2.00
Director
$0 $0 $0
DAN SAMPEY BOARD MEMBER 2.00
Director
$0 $0 $0
HERB INDEN BOARD MEMBER 2.00
Director
$0 $0 $0
LOGAN STURGILL BOARD MEMBER 2.00
Director
$0 $0 $0
FERRIS HARMON BOARD MEMBER 2.00
Director
$0 $0 $0
AIMEE GIBISON BOARD MEMBER 2.00
Director
$0 $0 $0
JOE SCHARF PRESIDENT 2.00
Officer
$0 $0 $0
KINSEY LENEHAN SECRETARY 2.00
Officer
$0 $0 $0
SHERYL BLOWMAN VICE PRESIDENT 2.00
Officer
$0 $0 $0
DAVE SORBER TREASURER 2.00
Officer
$0 $0 $0
LESLIE HUBBARD EXECUTIVE DIRECTOR 29.50
Officer
$45,000 $0 $45,000
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
2025 $127,164 $199,629 $387,065 $-72,465
2024 $194,460 $89,068 $434,865 $105,392
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