The Friends of Island Beach State Park Inc
Nonprofit profile at a glance
- EIN
- 223488225
- IRS 990-EZ coverage
- 2018–2025
- Forms available
- Form 990 2017, Form 990-EZ 2025, Form 990-N 2009
- Location
- Seaside Park, NJ, USA
- Phone
- 9732227837
- Rating
- 88
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Arts, Cultural Organizations - Multipurpose
Reported finances
- Revenue
- $117,624
- Expenses
- $95,382
- Assets
- $122,778
Source: IRS Form 990-EZ. Selected filing: tax year 2025. Amounts in USD.
Leadership & pay
16 people listed
Executive titles in this filing
- CHARLES HOMOKI (President)
- RICK MCDANIEL (Vice President)
People named in this filing
- CHARLES HOMOKI (President)
- RICK MCDANIEL (Vice President)
- GERRY FINNEGAN (CORR SECRETARY)
Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.
Source: IRS Form 990-EZ. Selected filing: tax year 2025. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
To serve as a volunteer association, organized and operated to enhance the interpretive, educational, recreational and research programs and events at island beach state park.
What it reported doing in 2025
Raised funds to assist in the enhancement of the natural habitat, buildings and properties of island beach state park. Ran programs to encourage protection of the barrier island ecosystem. Supported activies, educational and special events and programs in order to further public appreciation, participation and stewardship of the park. Encouraged support of the park through volunteer participation, education and dissemination of information
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.
The verdict
STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. No material rating questions were generated from the available inputs.
Rating breakdown
- Financial Efficiency: 81
- Transparency & Controls: 100
- Sustainability: 60
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 74.6%; rating input score 75
- Program expense ratio: 92%; rating input score 92
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
- Major donor itemization: Yes; rating input score 100
Sustainability
- Operating margin: 18.9%; rating input score 70; 70th percentile among comparable filings
- Total-asset coverage ratio: 1.29; rating input score 67; 67th percentile among comparable filings
- Liabilities to assets ratio: Limited
- Officer compensation ratio: 0%; rating input score 63; 63rd percentile among comparable filings
Growth
- Program expense growth: 3.2% per year; rating input score 100; 39th percentile among comparable filings
- Revenue growth: 6.5% per year; rating input score 100; 51st percentile among comparable filings
- Asset growth: 6.2% per year; rating input score 100; 47th percentile among comparable filings
Details
- Where the money goes: 74.6% of revenue deployed · 92% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment · $88K in reported program spending
- Leadership: top reported pay $0 · 16 people listed
- Consistency: 6 of 6 current checks pass
- Schedules: 4 filed schedules
- Filing history: 7 filing years from 2018 to 2025
- Contacts: How to reach this organization
- 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.