New London Park Improvement Corp

EIN: 844333538 501(c)(3) Recreation & Sports

New London, OH

Total Revenue
$290,735
Total Expenses
$296,450
Total Assets
$97,093
Net Assets
$97,093
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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
2020
Legal Domicile
OH
Principal Officer
Adam Gullett
Tax Period
2023-01-01 to 2023-12-31

New London Park Improvement Corp, founded in 2020, is a small nonprofit in the Recreation & Sports sector that reported $291K in total revenue in fiscal year 2023.

Mission

Local Charity Support

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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 (2023)

Revenue Breakdown

Contributions & Grants $290,735
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $290,735

Expense Breakdown

Grants Paid $296,450
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $296,450
Other Expenses $0
TOTAL EXPENSES $296,450

Year-over-Year Comparison

2023 2022 Change
Revenue $290,735 N/A N/A
Expenses $296,450 N/A N/A
Net Income $-5,715 N/A N/A
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
5
Independent Members
N/A
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
0
$0
Key Employees
1
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Mark Hinckley II Authorized Signer 2.00
Officer
$0 $0 $0
Dolores Marschall Secretary 2.00
Officer
$0 $0 $0
Adam Gullett Treasurer 5.00
Officer Key Emp
$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 No data No data No data No data
2023 $290,735 $296,450 $97,093 $-5,715
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