FRIENDS FOR OLD BETHPAGE VILLAGE RE

EIN: 852666816 501(c)(3) Arts, Culture & Humanities

WILLISTON PARK, NY

Total Revenue
$101,362
Total Expenses
$107,568
Total Assets
$235,451
Net Assets
$235,451
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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
NY
Principal Officer
GERALD KESSLER
Tax Period
2024-01-01 to 2024-12-31

FRIENDS FOR OLD BETHPAGE VILLAGE RE, founded in 2020, is a small nonprofit in the Arts, Culture & Humanities sector that reported $101K in total revenue in fiscal year 2024. Revenue surged 47% from the prior year, signaling strong growth momentum. Net assets of $235K represent 28 months of operating reserves.

Mission

TO PROVIDE ADMINISTRATIVE AND OTHER PROFESSIONAL SERVICES TO NASSAU COUNTY FOR THE PURPOSES OF DEVELOPING, PROMOTING, ASSISTING, SUPPORTING, IMPLEMENTING, AND COORDINATING VARIOUS ACTIVITIES AT OLD BETHPAGE VILLAGE RESTORATION JURISDICTION FOR THE BENEFIT OF THE RESIDENTS OF NASSAU COUNTY

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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 $1,600
Program Service Revenue $95,819
Investment Income $3,943
Other Revenue $0
TOTAL REVENUE $101,362

Expense Breakdown

Grants Paid $1,600
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $79,058
Other Expenses $105,968
TOTAL EXPENSES $107,568

Year-over-Year Comparison

2024 2023 Change
Revenue $101,362 $69,009 +0.5%
Expenses $107,568 $108,730 0.0%
Net Income $-6,206 $-39,721 -0.8%
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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Governance

Voting Members
13
Independent Members
13
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
2
$0
Total Directors
13
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
MARY CALLANAN DIRECTOR N/A
Director
$0 $0 $0
ROBERT CARPENTER DIRECTOR N/A
Director
$0 $0 $0
JOSEPH DEMALDERIS DIRECTOR N/A
Director
$0 $0 $0
BEAGAN GOOTH DIRECTOR N/A
Director
$0 $0 $0
DANIEL HOLMES DIRECTOR N/A
Director
$0 $0 $0
GERALD KESSLER SECRETARY/TR N/A
Officer Director
$0 $0 $0
KERRY KETSOGLOU DIRECTOR N/A
Director
$0 $0 $0
JAMES MCKENNA VICE PRESIDE N/A
Director
$0 $0 $0
GREGORY SANDOR DIRECTOR N/A
Director
$0 $0 $0
WILLIAM SANOK PRESIDENT N/A
Officer Director
$0 $0 $0
EDWARD SMITS TRUSTEE EMER N/A
Director
$0 $0 $0
NICHOLAS THALASINOS DIRECTOR N/A
Director
$0 $0 $0
PAUL VAN WIE DIRECTOR N/A
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 $101,362 $107,568 $235,451 $-6,206
2023 $69,009 $108,730 $241,657 $-39,721
2022 $83,436 $58,870 $281,378 $24,566
2021 $47,904 $41,340 $263,696 $6,564
2021 $47,904 $41,340 $263,696 $6,564
2020 $250,248 No data $250,248 No data
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