Civic Intelligence

Franklin Lakes Youth & Recreation Foundation Inc.

990EZ • Fiscal year 2019 • EIN 22-3267895

Jan 01, 2019 to Dec 31, 2019 • Filed on Jul 06, 2020

PO Box 406Franklin Lakes, NJ 07417

(201) 655-2944

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

60th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2019 filings • NTEE O50 • <$500k nonprofits • Source year 2019

Liabilities / Revenue

60th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2019 filings • NTEE O50 • <$500k nonprofits • Source year 2019

Net Margin

7th percentile

-51%

Higher net margin than 7% of similar nonprofits.

2019 filings • NTEE O50 • <$500k nonprofits • Source year 2019

Top Officer Pay

74th percentile

$0

Higher top officer pay than 74% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2019 filings • NTEE O50 • <$500k nonprofits • Source year 2019

Asset Growth

18th percentile

-30%

Faster asset growth than 18% of similar nonprofits.

2019 filings • NTEE O50 • <$500k nonprofits • Annualized from 2018 to 2019

Revenue Growth

34th percentile

-7.3%

Faster revenue growth than 34% of similar nonprofits.

2019 filings • NTEE O50 • <$500k nonprofits • Annualized from 2018 to 2019

Assets

Down

$86,079

Down $36,574 (-30%) from 2018

Net Assets

Down

$86,079

Down $36,574 (-30%) from 2018

Liabilities

Flat

$0

Flat from 2018

Revenue

Down

$71,150

Down $5,569 (-7.3%) from 2018

Expenses

Up

$107,724

Up $51,624 (+92%) from 2018

Net Income

Down

-$36,574

Down $57,193 (-277%) from 2018

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$150K$100K$50K$0Assets 2011: $62,703Liabilities 2011: $02011Assets 2012: $9,218Liabilities 2012: $02012Assets 2013: $14,349Liabilities 2013: $02013Assets 2014: $18,891Liabilities 2014: $02014Assets 2015: $20,642Liabilities 2015: $02015Assets 2016: $21,476Liabilities 2016: $02016Assets 2018: $122,653Liabilities 2018: $0Net Assets 2018: $122,6532018Assets 2019: $86,079Liabilities 2019: $0Net Assets 2019: $86,0792019Assets 2020: $75,639Liabilities 2020: $0Net Assets 2020: $75,6392020Assets 2021: $47,659Liabilities 2021: $0Net Assets 2021: $47,6592021Assets 2022: $42,392Liabilities 2022: $0Net Assets 2022: $42,3922022Assets 2023: $35,090Liabilities 2023: $02023Assets 2024: $63,673Liabilities 2024: $0Net Assets 2024: $63,6732024

Highlighted filing

2019

Assets$86,079
Liabilities$0
Net Assets$86,079

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$150K$100K$50K$0-$50KRevenue 2011: $12,742Expenses 2011: $35,131Net Income 2011: -$22,3892011Revenue 2012: -$3,663Expenses 2012: $42,106Net Income 2012: -$45,7692012Revenue 2013: $18,769Expenses 2013: $13,638Net Income 2013: $5,1312013Revenue 2014: $26,611Expenses 2014: $22,069Net Income 2014: $4,5422014Revenue 2015: $40,598Expenses 2015: $38,847Net Income 2015: $1,7512015Revenue 2016: $45,206Expenses 2016: $44,373Net Income 2016: $8332016Revenue 2018: $76,719Expenses 2018: $56,100Net Income 2018: $20,6192018Revenue 2019: $71,150Expenses 2019: $107,724Net Income 2019: -$36,5742019Revenue 2020: $498Expenses 2020: $10,938Net Income 2020: -$10,4402020Revenue 2021: $5,515Expenses 2021: $33,495Net Income 2021: -$27,9802021Revenue 2022: $5,413Expenses 2022: $10,680Net Income 2022: -$5,2672022Revenue 2023: $10,081Expenses 2023: $17,383Net Income 2023: -$7,3022023Revenue 2024: $49,318Expenses 2024: $20,735Net Income 2024: $28,5832024

Highlighted filing

2019

Revenue$71,150
Expenses$107,724
Net Income-$36,574
Jump To
Filing Snapshot
Filing Period
Jan 1, 2019 to Dec 31, 2019
Signed
Jul 6, 2020
Return Version
2019v5.1
Gross Receipts
$102,118
Mission and Program Overview

Mission

Betterment of youth sports programs

Program Services

DescriptionGrantsExpenses
FRANKLIN LAKES PARKS & RECREATION FOUNDATION PROVIDES GRANTS TO FRANKLIN LAKES' TOWN PARKS FOR CAPITAL IMPROVEMENTS AND TO SUPPLEMENT YOUTH RECREATIONAL PROGRAMS.$105,000$106,000
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
MIKE BEDRINCo-President-$0--
MICHELE DELUCCIACo-President-$0--
CONSTANTINE SKAMASTreasurer-$0--
HOLLY MANUELIANSecretary-$0--
JOHN COLAIZZIBoard Member-$0--
RICH DOMICHBoard Member-$0--
DAVID CATUAGNOBoard Member-$0--
ROBERT MILLERBoard Member-$0--
PAUL KUSHNIRBoard Member-$0--
GAIL SHIFARBoard Member-$0--
FRANK BIVONABoard Member-$0--
MIKE JAMESBoard Member-$0--
Fundraising, Events, and Gaming

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Rectoberfest$72,649$21,445$5,689$15,756
Total Events$72,649$21,445$26,826$-5,381
Filing and Contact Details

Filer

Filer Name
Franklin Lakes Parks & Recreation
EIN
22-3267895
Phone
2016552944
Address
PO BOX 406, FRANKLIN LAKES, NJ 07417

Signing Officer

Name
Constantine Skamas
Title
Treasurer
Phone
2016552944
Signed
2020-07-06
Discuss with paid preparer
Yes

Preparer

Firm
PKF O'CONNOR DAVIES LLP
Address
300 TICE BOULEVARD SUITE 315, WOODCLIFF LAKE, NJ 07677
Preparer
EDWARD G O'CONNOR
Phone
2017129800
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 4 - Other Investment Income

Description: interest. Amount: 28.

Form 990-ez, Part I, Line 8 - Other Revenue

Description: other revenue. Amount: 250.

Form 990-ez, Part I, Line 10 - Grants and Similar Amounts Paid

Activity classification: . Grantee name: borough of franklin lakes. Grantee address: 480 de korte dr franklin lakes, nj 07417. Amount given: 95,000.

Form 990-ez, Part I, Line 16 - Other Expenses

Description: irs penalties. Amount: 58. Description: bank fees. Amount: 40. Description: champion team gifts. Amount: 500. Description: lacrosse tournament refunds. Amount: 500. Total to form 990-ez, line 16: 1,098.

Raw XML Appendix243 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

Path#Value
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IRS990EZ/BooksInCareOfDetail/PhoneNum02016552944
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt0724 BARRISTER CT
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0FRANKLIN LAKES
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0NJ
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd0074172711
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt100
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt00
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0MIKE BEDRIN
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm4JOHN COLAIZZI
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm7ROBERT MILLER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm8PAUL KUSHNIR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm9GAIL SHIFAR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm10FRANK BIVONA
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm11MIKE JAMES
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0CO-PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1CO-PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2TREASURER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3SECRETARY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4BOARD MEMBER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt5BOARD MEMBER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt6BOARD MEMBER
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IRS990EZ/OperateHospitalInd00
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd00
IRS990EZ/OrganizationHadUBIInd00
IRS990EZ/OtherChangesInNetAssetsAmt00
IRS990EZ/OtherExpensesTotalAmt01098
IRS990EZ/OtherRevenueTotalAmt0250
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd00
IRS990EZ/PrimaryExemptPurposeTxt0BETTERMENT OF YOUTH SPORTS PROGRAMS
IRS990EZ/PrintingPublicationsPostageAmt0176
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0FRANKLIN LAKES PARKS & RECREATION FOUNDATION PROVIDES GRANTS TO FRANKLIN LAKES' TOWN PARKS FOR CAPITAL IMPROVEMENTS AND TO SUPPLEMENT YOUTH RECREATIONAL PROGRAMS.
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt0105000
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt0106000
IRS990EZ/ProhibitedTaxShelterTransInd00
IRS990EZ/RelatedOrganizationCtrlEntInd00
IRS990EZ/SchoolOperatingInd00
IRS990EZ/SpecialEventsDirectExpensesAmt030968
IRS990EZ/SpecialEventsNetIncomeLossAmt0-1285
IRS990EZ/StatesWhereCopyOfReturnIsFldCd0NJ
IRS990EZ/SubjectToProxyTaxInd00
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt00
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt00
IRS990EZ/TanningServicesProvidedInd00
IRS990EZ/TaxImposedOnOrganizationMgrAmt00
IRS990EZ/TaxImposedUnderIRC4911Amt00
IRS990EZ/TaxImposedUnderIRC4912Amt00
IRS990EZ/TaxImposedUnderIRC4955Amt00
IRS990EZ/TaxReimbursedByOrganizationAmt00
IRS990EZ/TotalExpensesAmt0107724
IRS990EZ/TotalProgramServiceExpensesAmt0106000
IRS990EZ/TotalRevenueAmt071150
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0N/A
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt072157
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt067140
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt084997
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt043770
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IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt013
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IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt081343
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IRS990ScheduleA/OtherIncome170Grp/TotalAmt0250
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IRS990ScheduleA/PublicSupportPY170Pct00.99970
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IRS990ScheduleA/TotalSupportAmt0307445
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IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
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IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
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IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContributionsTotAmt051204
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContriEvent1Amt051204
IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt026826
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IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent1Amt05689
IRS990ScheduleG/FundraisingEventInformationGrp/RentFacilityCostsEvent1Amt010388
IRS990ScheduleG/FundraisingEventInformationGrp/RentFcltyCostsTotalEventsAmt010388
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0DESCRIPTION: INTEREST. AMOUNT: 28.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1DESCRIPTION: OTHER REVENUE. AMOUNT: 250.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2ACTIVITY CLASSIFICATION: . GRANTEE NAME: BOROUGH OF FRANKLIN LAKES. GRANTEE ADDRESS: 480 DE KORTE DR FRANKLIN LAKES, NJ 07417. AMOUNT GIVEN: 95,000.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3DESCRIPTION: IRS PENALTIES. AMOUNT: 58. DESCRIPTION: BANK FEES. AMOUNT: 40. DESCRIPTION: CHAMPION TEAM GIFTS. AMOUNT: 500. DESCRIPTION: LACROSSE TOURNAMENT REFUNDS. AMOUNT: 500. TOTAL TO FORM 990-EZ, LINE 16: 1,098.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 4 - OTHER INVESTMENT INCOME
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART I, LINE 8 - OTHER REVENUE
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART I, LINE 10 - GRANTS AND SIMILAR AMOUNTS PAID
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990-EZ, PART I, LINE 16 - OTHER EXPENSES
TransferPrsnlBnftContractsDecl/DeclarationDesc0THE ORGANIZATION DID NOT, DURING THE YEAR, RECEIVE ANY FUNDS, DIRECTLY,OR INDIRECTLY, TO PAY PREMIUMS ON A PERSONAL BENEFIT CONTRACT.THE ORGANIZATION, DID NOT, DURING THE YEAR, PAY ANY PREMIUMS, DIRECTLY,OR INDIRECTLY, ON A PERSONAL BENEFIT CONTRACT.
ReturnHeader/BuildTS02021-01-29 14:40:06Z
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ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0TREASURER
ReturnHeader/BusinessOfficerGrp/PhoneNum02016552944
ReturnHeader/BusinessOfficerGrp/SignatureDt02020-07-06
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0FRANKLIN LAKES PARKS & RECREATION
ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt0FOUNDATION C/O CONSTANTINE D SKAMAS
ReturnHeader/Filer/BusinessNameControlTxt0FRAN
ReturnHeader/Filer/EIN0223267895
ReturnHeader/Filer/PhoneNum02016552944
ReturnHeader/Filer/USAddress/AddressLine1Txt0PO BOX 406
ReturnHeader/Filer/USAddress/CityNm0FRANKLIN LAKES
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ReturnHeader/Filer/USAddress/ZIPCd007417
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ReturnHeader/FilingSecurityInformation/IPDt02020-07-06
ReturnHeader/FilingSecurityInformation/IPTimezoneCd0ED
ReturnHeader/FilingSecurityInformation/IPTm019:06:13
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0271728945
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0PKF O'CONNOR DAVIES LLP
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0300 TICE BOULEVARD SUITE 315
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0WOODCLIFF LAKE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0NJ
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd007677
ReturnHeader/PreparerPersonGrp/PhoneNum02017129800
ReturnHeader/PreparerPersonGrp/PreparationDt02020-07-06
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0EDWARD G O'CONNOR
ReturnHeader/ReturnTs02020-07-08T09:01:55-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02019-01-01
ReturnHeader/TaxPeriodEndDt02019-12-31
ReturnHeader/TaxYr02019

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$0.64$0.00$0.64$0.49$0.21$0.29
2023Summary only. Only limited summary data is available for this year.$0.35$0.00$0.10$0.17$0.07
2022Detailed filing. Detailed filing data is available for this year.$0.42$0.00$0.42$0.05$0.11$0.05
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.48$0.00$0.48$0.06$0.33$0.28
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.76$0.00$0.76$0.00$0.11$0.10
2019Detailed filing. Detailed filing data is available for this year.$0.86$0.00$0.86$0.71$1.08$0.37
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.23$0.00$1.23$0.77$0.56$0.21
2016Summary only. Only limited summary data is available for this year.$0.21$0.00$0.45$0.44$0.01
2015Summary only. Only limited summary data is available for this year.$0.21$0.00$0.41$0.39$0.02
2014Summary only. Only limited summary data is available for this year.$0.19$0.00$0.27$0.22$0.05
2013Summary only. Only limited summary data is available for this year.$0.14$0.00$0.19$0.14$0.05
2012Summary only. Only limited summary data is available for this year.$0.09$0.00$0.04$0.42$0.46
2011Summary only. Only limited summary data is available for this year.$0.63$0.00$0.13$0.35$0.22