STAMFORD VETERANS PARK PARTNERSHIP INC (EIN 822612199) - Form 990 Financial Analysis & Trantor Score

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

2017

Legal Domicile

Principal Officer

RICHARD REDNISS

Phone

2038039086

Tax Period

2024-07-01 to 2025-06-30

STAMFORD VETERANS PARK PARTNERSHIP INC, founded in 2017, is a micro nonprofit in the Public & Societal Benefit sector that reported $57K in total revenue in fiscal year 2024. Revenue decreased 17% compared to the prior year. Expenses of $147K exceeded revenue, resulting in a 157% operating deficit.

Mission

STAMFORD VETERANS PARK PARTNERSHIP, INC. (THE ORGANIZATION") HELPS RAISE FUNDS AND COLLABORATES WITH INDIVIDUALS AND ORGANIZATIONS TO: PRESERVE AND PUBLICLY DISPLAY VETERAN MEMORIALS, EDUCATE THE PUBLIC REGARDING MILITARY VETERAN HISTORY, SUPPORT A SAFE AND ATTRACTIVE HUB FOR PUBLIC GATHERINGS AND TO PERFORM ENHANCEMENTS IN VETERANS MEMORIAL PARK.

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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%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $67,956

Program Service Revenue $0

Investment Income $4,699

Other Revenue $-15,362

TOTAL REVENUE $57,293

Expense Breakdown

Grants Paid $0

Salaries & Benefits $87,003

Fundraising Expenses $24,135

Program Expenses $90,306

Other Expenses $60,060

TOTAL EXPENSES $147,063

Year-over-Year Comparison

	2024	2023	Change
Revenue	$57,293	$69,224	-0.2%
Expenses	$147,063	$157,316	-0.1%
Net Income	$-89,770	$-88,092	+0.0%

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

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

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

Total Directors

$82,500

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
RICHARD REDNISS	PRESIDENT	5.00	Officer Director	$0	$0	$0
GREG CAGGAINELLO	TREASURER	2.00	Officer Director	$0	$0	$0
THOMAS CASSONE	SECRETARY	2.00	Officer Director	$0	$0	$0
DAVID KOORIS	DIRECTOR - RESIGNED 4/7/25	2.00	Director	$0	$0	$0
TODD LINDVALL	DIRECTOR	1.00	Director	$0	$0	$0
BARRY MONIES	DIRECTOR	2.00	Director	$0	$0	$0
CHRISTOPHER MUNGER	DIRECTOR	1.00	Director	$0	$0	$0
PATRICIA PARRY	DIRECTOR	8.00	Director	$0	$0	$0
PATRICK SASSER	DIRECTOR	1.00	Director	$0	$0	$0
ALAN SOSNOWITZ	DIRECTOR	1.00	Director	$0	$0	$0
DAN STOLZENBACH	DIRECTOR	1.00	Director	$0	$0	$0
PHILIP GERARD	DIRECTOR	2.00	Director	$0	$0	$0
MIKE MOORE	DIRECTOR - AS OF 5/19/25	0.25	Director	$0	$0	$0
COLLEEN HARKEY	EXECUTIVE DIRECTOR	30.00	Director	$82,500	$0	$82,500

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	$57,293	$147,063	$1,989,182	$-89,770
2024	$69,224	$157,316	$2,081,434	$-88,092
2023	$192,021	$151,758	$2,181,424	$40,263
2022	$50,309	$152,730	$2,128,147	$-102,421
2021	$79,086	$131,623	$2,230,247	$-52,537
2020	$123,147	$115,770	$2,295,484	$7,377
2019	$509,519	$29,095	$2,279,150	$480,424
2018	$782,040	$8,156	$1,792,978	$773,884

STAMFORD VETERANS PARK PARTNERSHIP INC