FRIENDS OF NEW BRITAIN PARKS INC

EIN: 831053718 501(c)(3) Environment

NEW BRITAIN, PA

Total Revenue
$3,215
Total Expenses
$3,825
Total Assets
$7,089
Net Assets
$7,089
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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
2018
Legal Domicile
PA
Tax Period
2024-01-01 to 2024-12-31

FRIENDS OF NEW BRITAIN PARKS INC, founded in 2018, is a micro nonprofit in the Environment sector that reported $3K in total revenue in fiscal year 2024. Revenue fell 58% from the prior year — a significant decline worth monitoring. Expenses of $4K exceeded revenue, resulting in a 19% operating deficit.

Mission

RAISES MONEY FOR IMPROVEMENTS TO THE WILMA QUILAN NATURE PERSERVE, ORCHARD PARK AND BOROUGH GREENSCAPERAISED $3215

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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 $3,215
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $3,215

Expense Breakdown

Grants Paid $3,825
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $3,825
Other Expenses $0
TOTAL EXPENSES $3,825

Year-over-Year Comparison

2024 2023 Change
Revenue $3,215 $7,699 -0.6%
Expenses $3,825 N/A N/A
Net Income $-610 $7,699 -1.1%
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

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Governance

Voting Members
3
Independent Members
3
Employees
N/A
Volunteers
3

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
3
$0
Total Directors
3
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
MARGARET LAMONTAGNE PRESIDENT 2.00
Officer Director
$0 $0 $0
STEVEN GIESELER SECRETARY 0.00
Officer Director
$0 $0 $0
SUSAN EGGLESTON TREASURER 0.00
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
2024 $3,215 $3,825 $7,089 $-610
2023 $2,286 $766 $7,699 $1,520
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