Wyckoff Parks and Recreation Foundation Inc
Nonprofit profile at a glance
- EIN
- 273493320
- IRS 990-EZ coverage
- 2015–2022
- Forms available
- Form 990-EZ 2022
- Location
- Wyckoff, NJ, USA
- Phone
- 2014522691
- Rating
- 65
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Fund Raising and Fund Distribution
Reported finances
- Revenue
- $10
- Expenses
- $41,180
- Assets
- $0
Source: IRS Form 990-EZ. Selected filing: tax year 2022. Amounts in USD.
Leadership & pay
4 people listed
Executive titles in this filing
- CHRISTOPHER VANUGA (President)
- DAVID BUCHANNAN (Vice President)
People named in this filing
- CHRISTOPHER VANUGA (President)
- DAVID BUCHANNAN (Vice President)
- THOMAS R STEFANY (Treasurer)
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 2022. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
The basic mission of the wyckoff parks and recreation foundation inc. Is to work with the township of wyckoff and the recreation and parks board to enhance the overall recreation and parks facilities within wyckoff. The primary goal of the foundation is to raise funds and organize projects for the sole purpose of improving wyckoff's recreation fields and associated parks and facilities. The intent is to create a sustainable, lasting organization that will continue the enhancement of the recreation and parks programs throughout wyckoff through philanthropy, grants and other sources of funds to supplement the wyckoff township budget and alleviate additional burdens on taxpayers. Its main goal is to prioritize and concentrate the efforts of the wyckoff community to accelerate the enhancement of the recreation and parks facilities, with the goal of raising the participation levels, quality and quantity of programming for all residents without straining, and possibly easing, the tax burden
What it reported doing in 2022
The organization's primary focus during 2022 was to donate the remaining funds to the township of wyckoff and to terminate operations.
Operating model
- Revenue model
- Cannot be determined from the filing. The filing does not provide enough consistent revenue detail to tell how this nonprofit funds its work.
- Distribution model
- Cannot be determined from the filing. The filing does not provide enough consistent spending detail to tell whether the nonprofit works directly or through others.
The verdict
SUPPORTED - The filed numbers largely add up and a large share of available resources goes toward mission work. A relatively small share of total spending goes to programs and some filed totals do not add up.
Rating breakdown
- Financial Efficiency: 64
- Transparency & Controls: 82
- Sustainability: 7
- Growth: 0
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 100%; rating input score 100
- Program expense ratio: 2.9%; rating input score 3
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: -411,700%; rating input score 0; 0th percentile among comparable filings
- Total-asset coverage ratio: 0; rating input score 2; 2nd 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: -35.2% per year; rating input score 0; 12th percentile among comparable filings
- Revenue growth: -61.6% per year; rating input score 0; 5th percentile among comparable filings
- Asset growth: -11.3% per year; rating input score 0; 15th percentile among comparable filings
Details
- Where the money goes: 100% of revenue deployed · 2.9% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment · $1K in reported program spending
- Leadership: top reported pay $0 · 4 people listed
- Consistency: 5 of 6 current checks pass · 1 finding to review
- Schedules: 3 filed schedules
- Filing history: 8 filing years from 2015 to 2022
- 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 — Financial Efficiency: Program expense ratio scored 3/100.
- Moderate — Transparency & Controls: Part III transfer expenses within program total did not reconcile in the filed values.
- High — Sustainability: Operating margin scored 0/100.
- High — Growth: Program expense growth scored 0/100.
- High — Growth: Revenue growth scored 0/100.
- High — Sustainability: Total-asset coverage ratio scored 2/100.
- High — Growth: Asset growth scored 0/100.
- Review — Sustainability: Officer compensation ratio scored 56/100.