Fort Greene Park Conservancy Inc
Nonprofit profile at a glance
- EIN
- 113637773
- IRS 990 coverage
- 2016–2024
- Forms available
- Form 990 2024, Form 990-EZ 2015
- Location
- Brooklyn, NY, USA
- Phone
- 9179718290
- Rating
- 75
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- History Museums
Reported finances
- Revenue
- $1,215,007
- Expenses
- $1,266,690
- Assets
- $611,231
- Liabilities
- $58,755
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
18 people listed
Executive titles in this filing
- ROSAMOND FLETCHER (EXECUTIVE DIRECTOR)
Highest reported compensation
- ROSAMOND FLETCHER (EXECUTIVE DIRECTOR): $155,266 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
The fort greene park conservancy provides programming, maintenance, and advocacy to preserve and nourish fort greene park as a community resource and public space for all new yorkers for generations to come.
What it reported doing in 2024
The fort greene park conservancy provided programming, maintenance, and advocacy for the park in 2024. Programming, free and open to the public, included a full calendar of cultural programs (concerts, festivals, films, dance, exhibitions), environmental programs (young naturalists and green team), and community based programs (community wellness team). Our maintenance support included: the purchase of supplies, tools, and equipment for the park, as well as repairs; the services of arborists; and the grant funding of nyc parks staff. 2024 advocacy centered on educational efforts related to lawn care, as well as participation in the nyc parks and open space partners coalition and the play fair coalition.
Operating model
- Revenue model
- Mixed. Its operating money came from several sources; no one source provided a clear majority.
- Distribution model
- Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.
- Includes noncash contributions: Reported contributions include donated property or goods.
The verdict
SUPPORTED - A large share of available resources goes toward mission work and the filed numbers largely add up. Fundraising costs are high for each dollar raised and expenses are high relative to revenue.
Rating breakdown
- Financial Efficiency: 66
- Transparency & Controls: 79
- Accountability: 95
- Sustainability: 27
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 73.8%; rating input score 74
- Program expense ratio: 70.6%; rating input score 71
- Fundraising efficiency: $3.39 raised per $1 spent on fundraising; rating input score 10; 10th percentile among comparable filings
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
- Pay-setting controls: 3 of 6 controls in place; rating input score 50
- Compensation committee: Missing
- Independent consultant: Missing
- Other Form 990s reviewed: Pass
- Written employment contract: Missing
- Compensation survey or study: Pass
- Board or committee approval: Pass
- Foreign activity oversight: Limited
- Grant itemization coverage: Limited
- Major donor itemization: Yes; rating input score 100
- Related-party transparency: Limited
Accountability
- Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
- Governance controls: 7 of 8 controls in place; rating input score 88
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Fail
- CEO compensation review process: Pass
- Other executive compensation review process: NotApplicable
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Pass
- Independent financial-statement audit: Pass
Sustainability
- Operating margin: -4.3%; rating input score 25; 25th percentile among comparable filings
- Total-asset coverage ratio: 0.48; rating input score 23; 23rd percentile among comparable filings
- Liabilities to assets ratio: 0.1; rating input score 43; 43rd percentile among comparable filings
- Officer compensation ratio: 12.3%; rating input score 30; 30th percentile among comparable filings
Growth
- Program expense growth: 23% per year; rating input score 100; 85th percentile among comparable filings
- Revenue growth: 20.1% per year; rating input score 100; 85th percentile among comparable filings
- Asset growth: 17.8% per year; rating input score 100; 78th percentile among comparable filings
Details
- Where the money goes: 73.8% of revenue deployed · 70.6% of spending went to programs
- Governance: 17 of 17 board members independent · 7 of 8 filing controls reported
- Programs: 1 filed program accomplishment · $894K in reported program spending
- Leadership: top reported pay $155K · 18 people listed · 3 of 6 pay-setting controls reported
- Consistency: 30 of 30 current checks pass
- Schedules: 6 filed schedules · includes major donors and executive pay
- Filing history: 9 filing years from 2016 to 2024
- Contacts: How to reach this organization
- Money network: 1 filed money-flow record
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- High — Financial Efficiency: Fundraising efficiency scored 10/100.
- High — Sustainability: Operating margin scored 25/100.
- High — Sustainability: Total-asset coverage ratio scored 23/100.
- Review — Accountability: Governance controls: Document-retention policy not reported.
- Moderate — Sustainability: Officer compensation ratio scored 30/100.
- Moderate — Sustainability: Liabilities to assets ratio scored 43/100.