Trap Pond Partners Inc

Nonprofit profile at a glance

EIN
611492195
IRS 990-EZ coverage
2017–2025
Forms available
Form 990-EZ 2025, Form 990-N 2023
Location
Laurel, DE, USA
Rating
88
Verdict
STRONG
Rating confidence
Moderate
Sector
Fund Raising and Fund Distribution

Official website

Reported finances

Revenue
$41,436
Expenses
$116,658
Assets
$63,696

Source: IRS Form 990-EZ. Selected filing: tax year 2025. Amounts in USD.

Leadership & pay

5 people listed

Executive titles in this filing

  • Chase Cline (President)
  • Margaret Anderson (Vice President)

People named in this filing

  • Chase Cline (President)
  • Margaret Anderson (Vice President)
  • Marilyn O'Neal (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

Promote preservation protection and enhancement of Trap Pond State Parks historical natural and recreational resources. Assist DNREC and Park Staff in implementing improvements. Support the States No Child Left Inside commitment by sponsoring educational and recreational programs for childrens health. Cultivate an appreciation of Trap Pond as a valuable natural resource for all ages.

What it reported doing in 2025

Improvements to park disc golf course and repairs to historic structures were in progress at year-end. Enhancements to the disc golf course aim to increase park participation and uphold its status as a top disc golf destination in the region. Preservation efforts focus on historical structures several of which are projects dating back to the Civilian Conservation Corps of the 1933 New Deal.

Operating model

Revenue model
Mixed. Its operating money came from several sources; no one source provided a clear majority.
Distribution model
Grant intermediary. The nonprofit sent 96% of its reported program spending out as grants.

The verdict

STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Expenses are high relative to revenue and total assets are small relative to annual expenses; liquid coverage is unknown.

Rating breakdown

  • Financial Efficiency: 98
  • Transparency & Controls: 82
  • Sustainability: 19
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 100%; rating input score 100
  • Program expense ratio: 94.7%; rating input score 95

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
  • Major donor itemization: Limited

Sustainability

  • Operating margin: -181.5%; rating input score 5; 5th percentile among comparable filings
  • Total-asset coverage ratio: 0.55; rating input score 33; 33rd percentile among comparable filings
  • Liabilities to assets ratio: Limited
  • Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings

Growth

  • Program expense growth: 19.7% per year; rating input score 100; 81st percentile among comparable filings
  • Revenue growth: 3.7% per year; rating input score 100; 65th percentile among comparable filings
  • Asset growth: 3% per year; rating input score 100; 49th percentile among comparable filings

Details

  • Where the money goes: 100% of revenue deployed · 94.7% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 3 filed program accomplishments · $110K in reported program spending
  • Leadership: top reported pay $0 · 5 people listed
  • Consistency: 7 of 7 current checks pass
  • Schedules: 3 filed schedules
  • Filing history: 7 filing years from 2017 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.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • High — Sustainability: Operating margin scored 5/100.
  • Moderate — Sustainability: Total-asset coverage ratio scored 33/100.
  • Review — Sustainability: Officer compensation ratio scored 56/100.