RODNEY SQUARE CONSERVANCY INC

EIN: 843807542 501(c)(3) Environment

WILMINGTON, DE

Total Revenue
$500
Total Expenses
$20,553
Total Assets
$104,107
Net Assets
$104,107
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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
2019
Legal Domicile
DE
Principal Officer
JOHN HAWKINS
Phone
3022992438
Tax Period
2024-01-01 to 2024-12-31

RODNEY SQUARE CONSERVANCY INC, founded in 2019, is a micro nonprofit in the Environment sector that reported $500 in total revenue in fiscal year 2024. Revenue surged 87% from the prior year, signaling strong growth momentum. Expenses of $21K exceeded revenue, resulting in a 4011% operating deficit.

Mission

RODNEY SQUARE CONSERVANCY'S PRIMARY MISSION IS THE REVITALIZATION AND PRESERVATION OF THE HISTORIC RODNEY SQUARE IN WILMINGTON, DE.THEY WILL ACCOMPLISH THIS BY BUILDING A PARTNERSHIP BETWEEN WILMINGTON RESIDENTS, LOCAL AND STATE GOVERNMENTS AND BUSINESSES COMMITTED TO RENOVATIONS TO THE PARK WILL PROVIDE THE COMMUNITY, VISITORS AND SURROUNDING BUSINESSES ENJOYMENT OF THE CITY 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%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $500
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $500

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $20,553
Other Expenses $20,553
TOTAL EXPENSES $20,553

Year-over-Year Comparison

2024 2023 Change
Revenue $500 $268 +0.9%
Expenses $20,553 $15,951 +0.3%
Net Income $-20,053 $-15,683 +0.3%
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

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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
11
Independent Members
11
Employees
N/A
Volunteers
N/A

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
11
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
MIKE MAGGITTI CHAIRPERSON 5.00
Officer Director
$0 $0 $0
KAREN WORTHINGTON SECRETARY 5.00
Officer Director
$0 $0 $0
JOHN HAWKINS TREASURER 5.00
Officer Director
$0 $0 $0
MOLLY GIORDANO BOARD MEMBER 1.00
Director
$0 $0 $0
MARGARET WINSLOW BOARD MEMBER 1.00
Director
$0 $0 $0
JEFF GRAF BOARD MEMBER 1.00
Director
$0 $0 $0
ELIZABETH FIECHTER BOARD MEMBER 1.00
Director
$0 $0 $0
ALLETTA TATE BOARD MEMBER 1.00
Director
$0 $0 $0
RENATA KOWALCZYK BOARD MEMBER 1.00
Director
$0 $0 $0
MELODY PHILLIPS BOARD MEMBER 1.00
Director
$0 $0 $0
TINA BETZ BOARD MEMBER 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 $500 $20,553 $104,107 $-20,053
2023 $268 $15,951 $124,160 $-15,683
2021 No data $48,865 $139,809 No data
2020 $269,686 $81,012 $190,859 $188,674
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