FRIENDS OF LOVERS KEY INC

EIN: 650770374 501(c)(3) Environment

Bonita Springs, FL

Total Revenue
$201,379
Total Expenses
$256,523
Total Assets
$1,847,791
Net Assets
$1,663,171
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Financial Trends

Organization Details

Formation Year
1997
Legal Domicile
FL
Principal Officer
James S Remis
Phone
2394634588
Tax Period
2025-01-01 to 2025-12-31

FRIENDS OF LOVERS KEY INC, founded in 1997, is a small nonprofit in the Environment sector that reported $201K in total revenue in fiscal year 2025. Revenue fell 57% from the prior year — a significant decline worth monitoring. Expenses of $257K exceeded revenue, resulting in a 27% operating deficit.

Mission

FOLKS Mission - Friends of Lovers Key helping to Protect, Preserve and Support Lovers Key State Park. Major Annual Goals: 1 Work with the park staff, the Florida Park Service, FOLKS member and donors and the community to assist Lovers Key State Park recover from Hurricane Ian, Helene and Milton 2 Through a vigorous fundraising effort, raise the funds necessary to assist with the recovery from the Hurricane, maintain the Welcome and Discovery Center and fund its ongoing operations and related education programs. 3 Through community involvement and education enhance awareness that the Park and the Welcome and Discovery Center will be back stronger from the Hurricanes, and reconnect to the Park through the message - Loving Lovers Key - Again 4 Implement Forward Thinks goals to improve parks sustainability

Program Service Accomplishments

Program 1
Expenses: $184,556 Revenue: $184,556

Hurricane Ian made landfall on September 28, 2022, within 10 miles of Lovers Key State Park as a category 5 hurricane. The park was severely damaged from the winds of 150 mph and a 12 foot plus storm...

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Hurricane Ian made landfall on September 28, 2022, within 10 miles of Lovers Key State Park as a category 5 hurricane. The park was severely damaged from the winds of 150 mph and a 12 foot plus storm surge. This damage caused the park to be closed for reconstruction. In 2024 two additional hurricanes, Helene and Milton severely damaged the park . While the park has partially reopened, and Friends of Lovers Key programs have partially restarted, our efforts have been focused on assisting the park recover from the hurricanes through fund raising and assistance in the replacement of equipment and supplies. In addition, we are developing and implementing sustainability projects such a solor installations for the Park Shop Complex

Program 2
Expenses: $10,157 Revenue: $8,748

The central theme of lovers key Eco-Arts camp is "What You See on the Land, Lands in the Sea" which investigates relationships between land use and the health of aquatic eco-systems (it is also the...

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The central theme of lovers key Eco-Arts camp is "What You See on the Land, Lands in the Sea" which investigates relationships between land use and the health of aquatic eco-systems (it is also the theme of the speaker series, sponsored by friends of lovers key.) The purpose of this theme is to engage citizens of all ages and backgrounds and learning about and protecting the Estero Bay watershed. Lovers key state parks location is ideal for visitors the connections between land use and water quality.

Program 3
Expenses: $471 Revenue: $706

Partially resumed in 2025 see 4A - "What you see on the Land, Lands in the Sea." A lecture and discussion series, sponsored by Friends of Lovers Key, which began in the fall of 2001. Friends of...

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Partially resumed in 2025 see 4A - "What you see on the Land, Lands in the Sea." A lecture and discussion series, sponsored by Friends of Lovers Key, which began in the fall of 2001. Friends of Lovers Key hosts, a series of lectures and panel discussions about the connections between Florida's aquatic habitats, and land use. Speakers address the challenges facing our waterways, their solutions, and the role of citizens. The series are held in the community room of the welcome and discovery from 6:30 to 8 PM.

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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 (2025)

Revenue Breakdown

Contributions & Grants $190,557
Program Service Revenue $25,172
Investment Income $20,891
Other Revenue $-35,241
TOTAL REVENUE $201,379

Expense Breakdown

Grants Paid $184,556
Salaries & Benefits $5,641
Fundraising Expenses $0
Program Expenses $204,874
Other Expenses $66,326
TOTAL EXPENSES $256,523

Year-over-Year Comparison

2025 2024 Change
Revenue $201,379 $469,516 -0.6%
Expenses $256,523 $166,425 +0.5%
Net Income $-55,144 $303,091 -1.2%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
12
Independent Members
12
Employees
1
Volunteers
100

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
$0
Total Directors
6
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Jason Dolle Director 5
Director
$0 $0 $0
Carmen Moch Director 10
Director
$0 $0 $0
Michele Dunlap Director 10
Director
$0 $0 $0
Janet Cassise Director 5
Director
$0 $0 $0
Lisa Kraska Director 10
Director
$0 $0 $0
Eric Monroe Director 10
Director
$0 $0 $0
James S Remis President and Board Chair 25
Officer
$0 $0 $0
Karen Woodson VP Operations 20
Officer
$0 $0 $0
Kathryn Klar Treasurer 25
Officer
$0 $0 $0
Chrisy Hennessey Secretary 20
Officer
$0 $0 $0
Tina Tyler VP Donor Development 20
Officer
$0 $0 $0
Frank Cassise Director 5
$0 $0 $0
Tim Horvatich Director 10
$0 $0 $0
John Wesley Nash Director 15
$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 $201,379 $256,523 $1,847,791 $-55,144
2024 $469,516 $166,425 $1,740,312 $303,091
2023 $286,427 $150,823 $1,490,215 $135,604
2022 $343,639 $100,399 $1,324,166 $243,240
2021 $311,838 $92,628 $1,050,713 $219,210
2020 $194,400 $74,565 $964,345 $119,835
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