FRIENDS OF COLETTI-MAGNI PARK INC (EIN 880683808) - 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

2022

Legal Domicile

Principal Officer

ELIZABETH METRAUX

Tax Period

2023-01-01 to 2023-12-31

FRIENDS OF COLETTI-MAGNI PARK INC, founded in 2022, is a small nonprofit in the Community Improvement sector that reported $220K in total revenue in fiscal year 2023. Expenses of $210K left a modest 4% surplus.

Mission

FRIENDS OF COLETTI-MAGNI PARK IS A RESIDENT-LED ORGANIZATION COMMITTED TO ENHANCING THE NEIGHBORHOOD THROUGH COLETTI-MAGNI PARK BEAUTIFICATION AND CULTURAL GATHERINGS. THE ANNUAL HALLOWEEN PUMPKIN CARVING EVENT IS HELD EACH OCTOBER.

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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 (2023)

Revenue Breakdown

Contributions & Grants $220,000

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $220,000

Expense Breakdown

Grants Paid $200,000

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $209,790

Other Expenses $10,240

TOTAL EXPENSES $210,240

Year-over-Year Comparison

	2023	2022	Change
Revenue	$220,000	N/A	N/A
Expenses	$210,240	N/A	N/A
Net Income	$9,760	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

Governance

Voting Members

Independent Members

Employees

N/A

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

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
ELIZABETH METRAUX	DIRECTOR	2.00	Officer Director	$0	$0	$0
MARIA PROIA	DIRECTOR	1.00	Officer Director	$0	$0	$0
JOHN DE VITO	DIRECTOR	1.00	Officer Director	$0	$0	$0
ANTHONY PELLEGRINI	DIRECTOR	1.00	Director	$0	$0	$0
CHARLES PROIA	DIRECTOR	1.00	Director	$0	$0	$0
ANDREA FORSYTHE	DIRECTOR	1.00	Director	$0	$0	$0
BO PELLEGRINI	DIRECTOR	1.00	Director	$0	$0	$0
MICHAEL RICHARDSON	DIRECTOR	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
2023	$220,000	$210,240	$10,053	$9,760

FRIENDS OF COLETTI-MAGNI PARK INC