FRIENDS OF STATE PARKS INC (EIN 581634155) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

1978

Legal Domicile

Principal Officer

FRED SCHACHTER

Phone

9103262400

Tax Period

2024-01-01 to 2024-12-31

FRIENDS OF STATE PARKS INC, founded in 1978, is a small nonprofit that reported $376K in total revenue in fiscal year 2024. Net assets of $971K represent 31 months of operating reserves.

Mission

FRIENDS OF STATE PARKS IS A CITIZEN'S GROUP DEDICATED TO THE UNDERSTANDING, ENJOYMENT AND PROTECTION OF NORTH CAROLINA'S STATE PARKS. FRIENDS OF STATE PARKS SUPPORTS THE MISSION OF THE NC PARKS AND RECREATION DIVISION: TO PROTECT AND MANAGE THE UNIQUE BIOLOGICAL, GEOLOGICAL, ARCHAEOLOGICAL, RECREATIONAL AND SCENIC RESOURCES OF THE STATE. FRIENDS OF STATE PARKS PROMOTES PUBLIC AWARENESS OF THE IMMENSE CONTRIBUTIONS OF THESE NATURAL AREAS TO THE QUALITY OF LIFE FOR NORTH CAROLINIANS OF PRESENT AND FUTURE GENERATIONS.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $353,063

Program Service Revenue $0

Investment Income $23,042

Other Revenue $106

TOTAL REVENUE $376,211

Expense Breakdown

Grants Paid $11,753

Salaries & Benefits $75,906

Fundraising Expenses $17,161

Program Expenses $320,118

Other Expenses $315,979

TOTAL EXPENSES $403,638

Year-over-Year Comparison

	2024	2023	Change
Revenue	$376,211	$374,505	+0.0%
Expenses	$403,638	$178,342	+1.3%
Net Income	$-27,427	$196,163	-1.1%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

Volunteers

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

$70,523

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
MICHELLE LEONARD	EXECUTIVE DI	40.00	Officer	$67,408	$3,115	$70,523
FRED SCHACHTER	PRESIDENT	5.00	Officer Director	$0	$0	$0
GREGORY SCHNEIDER	1ST VICE PRE	2.00	Officer Director	$0	$0	$0
LINDA THORNLEY	2ND VICE PRE	2.00	Officer Director	$0	$0	$0
TERRI ASHBY	TREASURER	5.00	Officer Director	$0	$0	$0
MAZIE SMITH	SECRETARY	2.00	Officer Director	$0	$0	$0
TIM AYDLETT	PAST PRESIDE	5.00	Officer Director	$0	$0	$0
JIM RICHARDSON	DIRECTOR EME	2.00	Director	$0	$0	$0
HENRY CREWS	DIRECTOR	1.00	Director	$0	$0	$0
JOHN HARRIS	DIRECTOR	1.00	Director	$0	$0	$0
MARY JAEGER-GALE	DIRECTOR	1.00	Director	$0	$0	$0
KELLEY KING	DIRECTOR	1.00	Director	$0	$0	$0
JENNIFER LANGLEY	DIRECTOR	1.00	Director	$0	$0	$0
ABRAHIM OUDEH	DIRECTOR	1.00	Director	$0	$0	$0
BROWNIE FUTRELL	DIRECTOR	1.00	Director	$0	$0	$0
STEVE SHELTON	DIRECTOR	1.00	Director	$0	$0	$0
JOY SHUCK	DIRECTOR	1.00	Director	$0	$0	$0
JUAN CONTRERAS JUAREZ	DIRECTOR	1.00	Director	$0	$0	$0
SCOTT WHITE	DIRECTOR	1.00	Director	$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	$376,211	$403,638	$975,300	$-27,427
2023	$374,505	$178,342	$993,661	$196,163
2022	$318,450	$268,603	$796,359	$49,847
2021	$360,432	$187,203	$830,979	$173,229
2020	$222,721	$220,531	$716,765	$2,190
2019	$236,770	$262,791	$699,113	$-26,021
2018	$357,692	$276,916	$584,545	$80,776

FRIENDS OF STATE PARKS INC