Friends Of The Monmouth County Park System Inc

Organization Overview

Friends Of The Monmouth County Park System Inc is located in Lincroft, NJ. The organization was established in 1992. According to its NTEE Classification (C30) the organization is classified as: Natural Resources Conservation & Protection, under the broad grouping of Environment and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Friends Of The Monmouth County Park System Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.

For the year ending 12/2023, Friends Of The Monmouth County Park System Inc generated $959.6k in total revenue. This organization has experienced exceptional growth, as over the past 9 years, it has increased revenue by an average of 27.6% each year . All expenses for the organization totaled $115.9k during the year ending 12/2023. While expenses have increased by 4.1% per year over the past 9 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2023

Describe the Organization's Mission:

Part 3 - Line 1

THE FRIENDS OF THE MONMOUTH COUNTY PARK SYSTEM, INC. IS A NON-PROFIT, VOLUNTARY MEMBERSHIP ORGANIZATION FORMED UNDER THE PERTINENT STATUES OF THE STATE OF NEW JERSEY. THE PRIMARY PURPOSE OF THIS CORPORATION IS TO ASSIST THE MONMOUTH COUNTY BOARD OF RECREATION COMMISSIONERS, THE MONMOUTH COUNTY BOARD OF CHOSEN FREEHOLDERS, THE CITIZENS OF MONMOUTH COUNTY AND OTHER INTERESTED GROUPS IN MEETING THE OBJECTIVES AND PURPOSES OF THE MONMOUTH COUNTY PARK SYSTEM. THIS INCLUDES RECREATIONAL, OPEN SPACE, HISTORICAL PRESERVATION, CONSERVATION, CULTURAL, HORTICULTURAL, AND EDUCATIONAL FACILITIES AND PROGRAMMING, SPECIFICALLY - TO INCREASE THE PARK SYSTEM'S VALUE THROUGH DONATION OF SERVICES, PROPERTY, FINANCIAL ASSISTANCE, EDUCATIONAL ASSISTANCE, SCHOLARSHIPS AND COORDINATION OF VOLUNTEER ACTIVITIES; - TO ENHANCE EXISTING RESOURCES THROUGH FUNDING AND MANAGEMENT FOR BEAUTIFICATION, RESTORATION AND LIMITED CAPITAL IMPROVEMENT PROJECTS; - TO OPERATE, MANAGE AND MAINTAIN FACILITIES AND PROGRAMS; - TO

Describe the Organization's Program Activity:

Part 3 - Line 4a

IN 2023, SPECIAL PROJECTS FUNDED BY THE FRIENDS INCLUDED A REPLICA WEATHERVANE FOR THE ESTATE GROUNDS OF THOMPSON PARK, A NEW BLACKSMITH'S FIREPOT, 3 REPLICA HISTORIC-STYLE WHEELBARROWS, COSTUME MATERIALS FOR HISTORIC LONGSTREET FARM AND HEIRLOOM FRUIT TREES FOR HISTORIC PORTLAND PLACE. THE FRIENDS ALSO FUNDED THE FRAMING OF HISTORIC WORLD WAR II BOND POSTERS, WHICH WERE DISCOVERED IN HISTORIC PORTLAND PLACE, AND SUBSEQUENTLY DISPLAYED FOR "THE ART OF WAR" EXHIBIT AT HISTORIC WALNFORD. THE FRIENDS PAID TO HAVE SIX PAINTINGS FRAMED FOR THE CLUBHOUSE AT HOMINY HILL GOLF COURSE. ADDITIONAL FUNDING WAS PROVIDED TO CONTINUE REPLACING THE PURPLE MARTIN HOUSES IN THOMPSON PARK AND DORBROOK RECREATION AREA. THE FRIENDS ARE PROUD TO SPONSOR THE MONMOUTH COUNTY PARK SYSTEM'S TEAM FOR THE BIRDING ALL-STAR COMPETITION EACH YEAR. THE FRIENDS HAVE ALSO RECEIVED GRANTS TO PURCHASE NATIVE PLANTS FOR HUBER WOODS AND TOOLS TO MAINTAIN TRAILS THROUGHOUT THE PARK SYSTEM. THE FRIENDS PURCHASED ROSE BUSHES AND ORCHIDS FOR DEEP CUT GARDENS. DURING THIS PAST YEAR, THE FRIENDS PLACED A TOTAL OF 19 NEW MEMORIAL PARK BENCHES: 9 IN HOLMDEL PARK, 6 IN SWIMMING RIVER PARK, 2 IN THOMPSON PARK, 1 IN TURKEY SWAMP, 1 IN DEEP CUT GARDENS AND A MEMORIAL TABLE SET FOR SEVEN PRESIDENTS OCEANFRONT PARK. IN ADDITION, THE FRIENDS CONTINUED TO PROVIDE RECREATION ASSISTANCE FUNDING FOR CAMP SCHOLARSHIPS, AFTER SCHOOL PROGRAMS AND PARK EXCURSIONS FOR THE URBAN RECREATION DIVISION AND COMMUNITY RECREATION DIVISION. FUNDING WAS ALSO PROVIDED FOR VOLUNTEER PROGRAMS AND THERAPEUTIC RECREATION PROGRAMS, AS WELL AS FOR ADVANCED EDUCATION AND TRAINING SEMINARS AND COURSES FOR PARK SYSTEM STAFF. THE FRIENDS ARE PROUD TO PROVIDE THIS SUPPORT FOR THE MONMOUTH COUNTY PARK SYSTEM.


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Board, Officers & Key Employees

Name (title)Compensation
Christopher Brett
Director
$0
Heather Colella
Director
$0
Gail Cullen
Director
$0
Tina Earley
Director
$0
Joseph Azzolina Jr
Director
$0
Hon John D'amico Jr
Director
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$33,692
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$878,678
Noncash contributions included in lines 1a–1f $565,000
Total Revenue from Contributions, Gifts, Grants & Similar$912,370
Total Program Service Revenue$28,740
Investment income $16,469
Tax Exempt Bond Proceeds $0
Royalties $113
Net Rental Income $0
Net Gain/Loss on Asset Sales -$2,695
Net Income from Fundraising Events $0
Net Income from Gaming Activities $4,612
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $959,609

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