Friends of Rainbow Springs State Park Inc

EIN: 593182934 501(c)(3) Arts, Culture & Humanities

Dunnellon, FL

Total Revenue
$150,028
Total Expenses
$128,729
Total Assets
$637,382
Net Assets
$630,091
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1993
Legal Domicile
FL
Principal Officer
Mark Rickert
Phone
6035406641
Tax Period
2024-01-01 to 2024-12-31

Friends of Rainbow Springs State Park Inc, founded in 1993, is a small nonprofit in the Arts, Culture & Humanities sector that reported $150K in total revenue in fiscal year 2024. Revenue decreased 11% compared to the prior year. Expenses of $129K left a modest 14% surplus.

Mission

To promote community interest in Rainbow Springs State Park and to assist in the Florida Park Services mission of providing resource-based recreation while preserving,interpreting and restoring natural and cultural resources.

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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 $12,707
Program Service Revenue $0
Investment Income $6,566
Other Revenue $130,755
TOTAL REVENUE $150,028

Expense Breakdown

Grants Paid $27,730
Salaries & Benefits $0
Fundraising Expenses $3,694
Program Expenses $120,422
Other Expenses $100,999
TOTAL EXPENSES $128,729

Year-over-Year Comparison

2024 2023 Change
Revenue $150,028 $167,820 -0.1%
Expenses $128,729 $77,980 +0.7%
Net Income $21,299 $89,840 -0.8%
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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Governance

Voting Members
12
Independent Members
12
Employees
N/A
Volunteers
59

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
12
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Marylou Klein Member 4.00
Director
$0 $0 $0
Carol Scharf Member 8.00
Director
$0 $0 $0
Laurie Baker Member 4.00
Director
$0 $0 $0
Gail Reading Member 4.00
Director
$0 $0 $0
David Frisina Member 4.00
Director
$0 $0 $0
Patti Bosnyak Board Member 4.00
Director
$0 $0 $0
Phil Gervais Board Member 4.00
Director
$0 $0 $0
Wayne Ramsey Board Member 4.00
Director
$0 $0 $0
Nancy Browall Treasurer 8.00
Officer Director
$0 $0 $0
Mark Rickert President 5.00
Officer Director
$0 $0 $0
Joe Sutter Vice President 4.00
Officer Director
$0 $0 $0
Laura Fronk Secretary 4.00
Officer 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
2025 No data No data No data No data
2024 $150,028 $128,729 $637,382 $21,299
2023 $167,820 $77,980 $608,792 $89,840
2022 $123,060 $57,429 $477,927 $65,631
2019 $118,818 $150,428 $484,638 $-31,610
2018 $107,183 $214,324 $516,323 $-107,141
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