Friends Of Princeton Open Space
- Assets
- $3.2m
- Revenue
- $205.5k
- Investments
- $0.0
- Employees
- 2
- Location
- Princeton, NJ
- Founding
- 10/1983
- Data as of
- 06/2021
- EIN
- 23-7259355
Organization Overview
Friends Of Princeton Open Space is located in Princeton, NJ. The organization was established in 1983. According to its NTEE Classification (C50) the organization is classified as: Environmental Beautification, under the broad grouping of Environment and related organizations. As of 06/2021, Friends Of Princeton Open Space employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Friends Of Princeton Open Space 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 06/2021, Friends Of Princeton Open Space generated $205.5k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (19.4%) each year. All expenses for the organization totaled $159.8k during the year ending 06/2021. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
IN PRINCETON: ACQUIRING LAND FOR PRESERVATION, PROTECTING NATURAL RESOURCES, MAINTAINING ACCESSIBILITY TO TRAILS AND PROVIDING ENVIRONMENTAL EDUCATION. IN THE PRINCETON REGION: WORKING WITH GROUPS TO SUPPORT EFFORTS TO PRESERVE AND PROTECT OPEN SPACE AND THE ENVIRONMENT.
Describe the Organization's Program Activity:
Part 3 - Line 4a
FRIENDS OF PRINCETON OPEN SPACE PROTECTS NATURAL RESOURCES BY MANAGING THE BILLY JOHNSON MOUNTAIN LAKES NATURE PRESERVE, ON WHICH IT HOLDS THE CONSERVATION EASEMENTS. INVASIVE PLANTS ARE REMOVED AND FOREST RESTORATION PROJECTS ARE CONDUCTED; NATIVE PLANTS ARE GROWN, PLANTED AND MAINTAINED BY THE DIRECTOR, NATURAL RESOURCES AND STEWARDSHIP.
FRIENDS OF PRINCETON OPEN SPACE BOARD MEMBERS AND VOLUNTEERS HAVE MAINTAINED OVER 8 MILES OF TRAILS IN MOUNTAIN LAKES OPEN SPACE AREA AND HAVE RESTORED AND MAINTAINED TRAILS THROUGHOUT THE MUNICIPALITY. SIGNIFICANT WORK IS COMPLETED TO CLEAR TRAILS OF SEASONAL OVERGROWTH. FOPOS HAS ADDED STONE STEPS, FOOTBRIDGES AND BOARDWALKS TO VARIOUS TRAILS TO MAKE THEM MORE ACCESSIBLE.
FRIENDS OF PRINCETON OPEN SPACE HAS PRESENTED EDUCATIONAL EVENTS AND SPEAKERS AT THE BILLY JOHNSON MOUNTAIN LAKES NATURE PRESERVE AND ELSEWHERE IN THE COMMUNITY ON TOPICS SUCH AS GARDENING WITH NATIVE SPECIES, INVASIVE SPECIES, AND THE FLORA AND FAUNA OF THE GREATER MOUNTAIN LAKES OPEN SPACE AREA. FOPOS HAS ALSO CO-SPONSORED EVENTS SUCH AS GUIDED TRAIL WALKS WITH OTHER ENVIRONMENTAL/EDUCATIONAL GROUPS. THE BOARD AND OTHER MEMBERS CONTRIBUTED TOWARDS SUPPORT FOR STAFFING AND EXPENSES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Steven Atkinson Asst. Treasu | OfficerTrustee | 0.5 | $0 |
Kathleen Bagley Assistant Se | OfficerTrustee | 1 | $0 |
Frederick Bigelow Jr Treasurer | OfficerTrustee | 3 | $0 |
Clark Lennon Vice-Preside | OfficerTrustee | 1 | $0 |
Wendy Mager President | OfficerTrustee | 10 | $0 |
Eric Tazelaar Executive Se | OfficerTrustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $10,000 |
| Government grants | $56,657 |
| All other contributions, gifts, grants, and similar amounts not included above | $137,628 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $204,285 |
| Total Program Service Revenue | $0 |
| Investment income | $24 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $1,215 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $205,524 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $62,073 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $4,960 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $12,445 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $74 |
| Fees for services: Other | $17,263 |
| Advertising and promotion | $0 |
| Office expenses | $9,204 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $7,200 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $218 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $5,935 |
| All other expenses | $0 |
| Total functional expenses | $159,783 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $160,974 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $2,477,033 |
| Investments—publicly traded securities | $46,353 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $534,790 |
| Total assets | $3,219,150 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $13,646 |
| Total liabilities | $13,646 |
| Net assets without donor restrictions | $2,650,749 |
| Net assets with donor restrictions | $554,755 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $3,219,150 |
Grants Recieved
Over the last fiscal year, we have identified 3 grants that Friends Of Princeton Open Space has recieved totaling $12,200.
| Awarding Organization | Amount |
|---|---|
Princeton Area Community Foundation Inc Lawrenceville, NJ PURPOSE: general support | $11,700 |
J Robert And Barbara A Hiller Foundation Inc New Hope, PA PURPOSE: UNRESTRICTED | $500 |
Pseg Foundation Inc Newark, NJ PURPOSE: ENVIRONMENTAL | $0 |
Endowment Analysis
| Beg. Balance | $448,293 |
| Earnings | $130,047 |
| Admin Expense | $4,225 |
| Other Expense | $24,910 |
| Ending Balance | $549,205 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Fairmount Park Conservancy Philadelphia, PA | $18,681,659 | $13,830,460 |
New York Restoration Project New York, NY | $17,760,231 | $5,638,155 |
Nurture Nature Foundation New York, NY | $30,506,291 | $2,642,254 |
The Greenwood Gardens & Nature Short Hills, NJ | $30,406,289 | $2,445,108 |
Friends Of Derry Township Parks & Recreation Hershey, PA | $223,882 | $913,516 |
Greater Newark Conservancy Inc Newark, NJ | $13,066,036 | $2,115,520 |
Wethersfield Foundation Inc Amenia, NY | $44,341,605 | $3,639,809 |
Friends Of The Pittsburgh Urban Forest Pittsburgh, PA | $3,690,341 | $1,725,352 |
Design Trust For Public Space Inc New York, NY | $2,416,344 | $3,238,139 |
Rockaway Waterfront Alliance Inc Far Rockaway, NY | $3,824,993 | $1,308,844 |
Pa Cleanways Greensburg, PA | $701,740 | $1,339,245 |
Center For Urban Pedagogy Inc Brooklyn, NY | $1,231,427 | $1,644,215 |