Friends of Radnor Lake

Nonprofit profile at a glance

EIN
237322143
IRS 990 coverage
2011–2024
Forms available
Form 990 2024
Location
Nashville, TN, USA
Phone
6152511471
Rating
83
Verdict
STRONG
Rating confidence
Moderate
Sector
Water Resource, Wetlands Conservation and Management

Official website

Reported finances

Revenue
$4,600,023
Expenses
$2,221,785
Assets
$6,483,351
Liabilities
$18,868

Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

25 people listed

Executive titles in this filing

  • ROB COCHRAN (PRESIDENT)
  • NORM MIEDE (VICE PRESIDENT)

Highest reported compensation

  • TINA CORKUM (DIRECTOR): $94,583 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Support protection, maintenance, and improvement of radnor lake state natural area-its natural environment, habitat, facilities, and equipment and to educate the general public on the importance of the area.

What it reported doing in 2024

Ongoing support for projects and programs at radnor lake state natural area which are not funded by the state.friends of radnor lake funds the volunteer program at radnor lake which engaged over 1,000 volunteers in the fiscal year. Volunteer engagement includes individuals, corporations, and school, church and civic groups. Volunteers provide critical assistance in trail maintenance, recovery from storm damage, invasive plant removal and wetlands clean-up throughout the year. In addition, volunteers engage in notable volunteer events including world wetlands day, invasive plant removal week, weed wrangle, national trails day, national public lands day and international mountain day. Park staff manage all volunteers on park property and provide education about the natural area and how to be good stewards of the environment.junior rangers intern programs have been hosted every summer for the last 23 years, engaging teenagers in a six-day internship program which introduces them to conservation and environmental stewardship practices. Daily work includes trail mulching, maintenance projects within the park and at the barbara j. Mapp aviary education center, and other educational elements throughout the week. Again this year, interns enjoyed a day of bird watching/identification education. River clean-up on the duck river was included in the curriculum when weather permitted, providing education on individuals' impacts on water quality and protection of aquatic species.friends of radnor lake helps fund the native grasslands initiative, a long-term natural areas plan to remove invasive-exotic plants in target areas and plant a custom seed mix to restore the native grasses that existed at radnor lake state natural area 50 years ago. These native grasses attract and sustain pollinators and butterflies, and we have seen a dramatic increase in the size of the pollinator population in these replanted areas in recent years. We have been especially interested and successful in replanting and attracting monarch butterflies which are considered a vulnerable species. The original goal in radnor lake state park's strategic land management plan was to convert at least 40 acres of the park to native grasslands. Due to the ecological success of the program, we have supported expanded work in this area, resulting in the park converting just over 150 acres.the barbara j. Mapp aviary education center (bjmaec) opened at radnor in 2015. Friends of radnor lake raised the funds to build this facility and made a commitment to sustain the eagle program. At the bjmaec, park staff care for seven non-releaseable birds of prey that have been designated as education animals due to permanent injuries. These raptors, which could not survive in the wild, are used for education experiences for the general public, with interpretive programming available the two days a week when the area is open to the public. Because of the age of the facility, maintenance and repairs are now included in our investment in this program.this year, we celebrated the 10th anniversary of the barbara j. Mapp aviary education center. In partnership with radnor lake state park leadership, we outlined a facilities maintenance and enhancement plan, and initiated a fundraising campaign to support these goals. We raised funding to demolish an uninhabitable residence on park property in preparation for a more accessible driveway approach to the aviary, and have performed maintenance and upgrades to the boardwalk and raptor enclosures. Additional projects have been identified to be completed as funding is secured.

Operating model

Revenue model
Donor-supported. 94% of the money available for current operations came from contributions and gifts.
Distribution model
Grant intermediary. The nonprofit sent 68% of its reported program spending out as grants.
  • Includes noncash contributions: Reported contributions include donated property or goods.

The verdict

STRONG - The filed numbers largely add up and a large share of total spending goes to programs. A relatively small share of available resources goes toward mission work and some filing-based governance responses are negative or unanswered.

Rating breakdown

  • Financial Efficiency: 69
  • Transparency & Controls: 94
  • Accountability: 90
  • Sustainability: 83
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 55.5%; rating input score 55
  • Program expense ratio: 90.8%; rating input score 91
  • Fundraising efficiency: $35.6 raised per $1 spent on fundraising; rating input score 72; 72nd percentile among comparable filings

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
  • Pay-setting controls: Limited
  • Foreign activity oversight: Limited
  • Grant itemization coverage: 100%; rating input score 100; 72nd percentile among comparable filings
  • 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: 6 of 8 controls in place; rating input score 75
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Fail
    • CEO compensation review process: NotApplicable
    • Other executive compensation review process: Fail
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Pass
    • Independent financial-statement audit: Pass

Sustainability

  • Operating margin: 51.7%; rating input score 93; 93rd percentile among comparable filings
  • Total-asset coverage ratio: 2.92; rating input score 73; 73rd percentile among comparable filings
  • Liabilities to assets ratio: 0; rating input score 90; 90th percentile among comparable filings
  • Officer compensation ratio: 4.3%; rating input score 59; 59th percentile among comparable filings

Growth

  • Program expense growth: 5.1% per year; rating input score 100; 40th percentile among comparable filings
  • Revenue growth: 7.5% per year; rating input score 100; 57th percentile among comparable filings
  • Asset growth: 6.9% per year; rating input score 100; 45th percentile among comparable filings

Details

  • Where the money goes: 55.5% of revenue deployed · 90.8% of spending went to programs
  • Governance: 22 of 22 board members independent · 6 of 8 filing controls reported
  • Programs: 4 filed program accomplishments · $2M in reported program spending
  • Leadership: top reported pay $95K · 25 people listed
  • Consistency: 29 of 29 current checks pass
  • Schedules: 6 filed schedules · includes major donors and grants
  • Filing history: 14 filing years from 2011 to 2024
  • Contacts: How to reach this organization
  • Money network: 4 filed money-flow records
  • Related organizations: 3 filed related-organization links
  • 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.

  • Review — Financial Efficiency: Mission deployment rate scored 55/100.
  • Review — Accountability: Governance controls: 2 of 8 not reported.
  • Review — Sustainability: Officer compensation ratio scored 59/100.