PLATINUM2024

Marine Park Alliance Corp

For Brooklyn's Largest Park

aka Marine Park Alliance Corp   |   Brooklyn, NY   |  http://www.marineparkalliance.org/
GuideStar Charity Check

Marine Park Alliance Corp

EIN: 46-3291341


Mission

Marine Park Alliance assists NYC Parks in its largest Brooklyn property with a mission to provide cultural, environmental and volunteer programming in Marine Park for the health and well-being of all New Yorkers. .

Ruling year info

2014

Board Chair

Maria Carro D'Alessandro

Vice Chair/Treasurer

Stephanie Samaroo-Martinez

Main address

3000 Fillmore Avenue

Brooklyn, NY 11234 USA

Show more contact info

EIN

46-3291341

Subject area info

Natural resources

Community improvement

Population served info

Children and youth

Adults

NTEE code info

Natural Resource Conservation and Protection (C30)

Community, Neighborhood Development, Improvement (S20)

IRS subsection

501(c)(3) Public Charity

IRS filing requirement

This organization is required to file an IRS Form 990 or 990-EZ.

Tax forms

Show Forms 990

Communication

Blog

Programs and results

What we aim to solve

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Our programs

SOURCE: Self-reported by organization

What are the organization's current programs, how do they measure success, and who do the programs serve?

Cultural Program Series - Bird Walks; Festival of Lights; Just for Kids; Winter Sessions

The Alliance provides indoor WINTER CULTURAL EVENTS including Lunar New Year, Black History, & Women's History. JUST FOR KIDS provides family entertainment and arts exposure in the playgrounds during summer; BIRD WALKS occur weekly spring through fall. FESTIVAL OF LIGHTS provides multicultural programs during the holiday season including Diwali, Chanukah, Winter Solstice, Christmas and Kwanzaa. We also promote local artisans' work with two ARTS & CRAFTS SHOWCASES twice a year.

Population(s) Served
Adults
Children and youth

Where we work

Our results

SOURCE: Self-reported by organization

How does this organization measure their results? It's a hard question but an important one.

Number of overall donors

This metric is no longer tracked.
Totals By Year
Related Program

Cultural Program Series - Bird Walks; Festival of Lights; Just for Kids; Winter Sessions

Type of Metric

Other - describing something else

Direction of Success

Increasing

Context Notes

These numbers include donors listed in our Annual Reports as well as cash donations at events. We are delighted to find support in the greater New York community. It's a healthy start!

Number of grants received

This metric is no longer tracked.
Totals By Year
Related Program

Cultural Program Series - Bird Walks; Festival of Lights; Just for Kids; Winter Sessions

Type of Metric

Input - describing resources we use

Direction of Success

Increasing

Context Notes

This data is calculated by cash flow since most of the government grants are reimbursement awards.

Number of Facebook followers

This metric is no longer tracked.
Totals By Year
Type of Metric

Output - describing our activities and reach

Direction of Success

Increasing

Context Notes

This platform is our main way to keep the public up to date with happenings in the park. The total reach is over 100,000 people annually.

Total dollars received in contributions

This metric is no longer tracked.
Totals By Year
Type of Metric

Other - describing something else

Direction of Success

Increasing

Context Notes

This data is confirmed on our Form 990 for 2021 & 2022. Numbers for 2023 have been calculated for the Form 990 in anticipation of submission.

Number of unique website visitors

This metric is no longer tracked.
Totals By Year
Type of Metric

Output - describing our activities and reach

Direction of Success

Increasing

Context Notes

Our website includes information about our organization and the park it serves.

Our Sustainable Development Goals

SOURCE: Self-reported by organization

Learn more about Sustainable Development Goals.

Goals & Strategy

SOURCE: Self-reported by organization

Learn about the organization's key goals, strategies, capabilities, and progress.

Charting impact

Four powerful questions that require reflection about what really matters - results.

Our current goals are to implement the first years of the strategic plan to grow the capacity of the organization and increase outreach.

- Hire and onboard the Executive Director
- Continue the Board of Directors expansion
- Celebrate and acknowledge 10-year anniversary of MPA
- Develop a plan for outreach and relationship building with charitable institutions Identify and engage with key potential partnerships for programming development
- Determine expanded programming focus
- Establish an outreach plan to expand engagement within the local community
- Establish a grants management framework encompassing reporting, budgeting, and compliance to support an advantageous cycle of fundraising, partnerships, and programming
- Bring survey responses to elected officials and the parks department

Our very active board members will be involved in most of the tasks listed above however, we do have two communications and fundraising consultants working on the public outreach and development aspects. Hiring our first executive director this year will make a significant change in leadership.

- We have raised enough foundation funds to launch our recruitment campaign for the inaugural executive director in spring 2024.
- We are actively building partnerships with our first fundraising wine-and-cheese event with influential people from the borough of Brooklyn.
- We coalesce our Forever Wild Committee and Community Committee to expand meaningful engagement.

Financials

Marine Park Alliance Corp
Fiscal year: Jan 01 - Dec 31

Revenue vs. expenses:  breakdown

SOURCE: IRS Form 990 info
NET GAIN/LOSS:    in 
Note: When component data are not available, the graph displays the total Revenue and/or Expense values.

Liquidity in 2022 info

SOURCE: IRS Form 990

0.00

Average of 0.00 over 9 years

Months of cash in 2022 info

SOURCE: IRS Form 990

2.4

Average of 5.5 over 9 years

Fringe rate in 2022 info

SOURCE: IRS Form 990

0%

Average of 0% over 9 years

Funding sources info

Source: IRS Form 990

Assets & liabilities info

Source: IRS Form 990

Financial data

SOURCE: IRS Form 990

Marine Park Alliance Corp

Revenue & expenses

Fiscal Year: Jan 01 - Dec 31

SOURCE: IRS Form 990 info

Fiscal year ending: cloud_download Download Data

Marine Park Alliance Corp

Balance sheet

Fiscal Year: Jan 01 - Dec 31

SOURCE: IRS Form 990 info

The balance sheet gives a snapshot of the financial health of an organization at a particular point in time. An organization's total assets should generally exceed its total liabilities, or it cannot survive long, but the types of assets and liabilities must also be considered. For instance, an organization's current assets (cash, receivables, securities, etc.) should be sufficient to cover its current liabilities (payables, deferred revenue, current year loan, and note payments). Otherwise, the organization may face solvency problems. On the other hand, an organization whose cash and equivalents greatly exceed its current liabilities might not be putting its money to best use.

Fiscal year ending: cloud_download Download Data

Marine Park Alliance Corp

Financial trends analysis Glossary & formula definitions

Fiscal Year: Jan 01 - Dec 31

SOURCE: IRS Form 990 info

This snapshot of Marine Park Alliance Corp’s financial trends applies Nonprofit Finance Fund® analysis to data hosted by GuideStar. While it highlights the data that matter most, remember that context is key – numbers only tell part of any story.

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Business model indicators

Profitability info 2019 2020 2021 2022
Unrestricted surplus (deficit) before depreciation $843 $12,462 $5,345 -$2,974
As % of expenses 6.3% 101.2% 21.9% -3.3%
Unrestricted surplus (deficit) after depreciation $843 $12,462 $5,345 -$2,974
As % of expenses 6.3% 101.2% 21.9% -3.3%
Revenue composition info
Total revenue (unrestricted & restricted) $19,150 $24,775 $42,227 $69,377
Total revenue, % change over prior year 0.0% 29.4% 70.4% 64.3%
Program services revenue 0.0% 0.0% 0.0% 0.0%
Membership dues 0.0% 0.0% 0.0% 0.0%
Investment income 0.0% 0.0% 0.0% 0.0%
Government grants 0.0% 0.0% 0.0% 0.0%
All other grants and contributions 100.0% 100.0% 100.0% 100.0%
Other revenue 0.0% 0.0% 0.0% 0.0%
Expense composition info
Total expenses before depreciation $13,307 $12,313 $24,382 $89,850
Total expenses, % change over prior year 0.0% -7.5% 98.0% 268.5%
Personnel 0.0% 0.0% 0.0% 0.0%
Professional fees 0.0% 4.1% 52.7% 71.5%
Occupancy 0.0% 0.0% 0.0% 0.0%
Interest 0.0% 0.0% 0.0% 0.0%
Pass-through 0.0% 0.0% 0.0% 0.0%
All other expenses 100.0% 95.9% 47.3% 28.5%
Full cost components (estimated) info 2019 2020 2021 2022
Total expenses (after depreciation) $13,307 $12,313 $24,382 $89,850
One month of savings $1,109 $1,026 $2,032 $7,488
Debt principal payment $0 $0 $0 $0
Fixed asset additions $0 $0 $0 $0
Total full costs (estimated) $14,416 $13,339 $26,414 $97,338

Capital structure indicators

Liquidity info 2019 2020 2021 2022
Months of cash 7.5 20.2 19.0 2.4
Months of cash and investments 7.5 20.2 19.0 2.4
Months of estimated liquid unrestricted net assets 3.0 15.4 10.4 2.4
Balance sheet composition info 2019 2020 2021 2022
Cash $8,305 $20,767 $38,612 $18,138
Investments $0 $0 $0 $0
Receivables $0 $0 $0 $0
Gross land, buildings, equipment (LBE) $0 $0 $0 $0
Accumulated depreciation (as a % of LBE) 0.0% 0.0% 0.0% 0.0%
Liabilities (as a % of assets) 0.0% 0.0% 0.0% 0.0%
Unrestricted net assets $3,305 $15,767 $21,112 $18,138
Temporarily restricted net assets N/A N/A N/A N/A
Permanently restricted net assets N/A N/A N/A N/A
Total restricted net assets $5,000 $5,000 $17,500 $0
Total net assets $8,305 $20,767 $38,612 $18,138

Key data checks

Key data checks info 2019 2020 2021 2022
Material data errors No No No No

Operations

The people, governance practices, and partners that make the organization tick.

Documents
Letter of Determination is not available for this organization
Form 1023/1024 is not available for this organization

Board Chair

Maria Carro D'Alessandro

Maria D’Alessandro is the founder of the organization. Her deep roots in the community are evident from her 35 years of local board service including as former chair of the Marine Park Civic Association, Hendrick I. Lott House Association, 63rd Precinct Community Council. Her professional livelihood is as an expert in real estate pre-, during and post-closings as well as title insurance. She is certified as a notary public and a paralegal through Kingsborough Community College. She and her family live directly across the street from the park, her front yard.

Vice Chair/Treasurer

Stephanie Samaroo-Martinez

Stephanie Samaroo-Martinez is a founding member of the organization and serves as both Vice Chair and Treasurer. She holds BA and MS degrees in Accounting. With decades of experience, Ms. Samaroo-Martinez specializes in providing tax and financial services for complex corporations. Her nonprofit experience includes working in the finance office of Brooklyn College and as a program manager in the Volunteer Income Tax Assistance program. She is certified as a paralegal, a notary, an IRS enrolled agent and soon to be a CPA.

Number of employees

Source: IRS Form 990

Marine Park Alliance Corp

Officers, directors, trustees, and key employees

SOURCE: IRS Form 990

Compensation
Other
Related
Show data for fiscal year
Compensation data
Download up to 5 most recent years of officer and director compensation data for this organization

There are no highest paid employees recorded for this organization.

Marine Park Alliance Corp

Board of directors
as of 03/12/2024
SOURCE: Self-reported by organization
Board of directors data
Download the most recent year of board of directors data for this organization
Board chair

Maria Carro-D'Alessandro

Marine Park Alliance Corp

Term: 2014 -

Adeel Rouf

Northern Revival Acquisition Corp.; Altitude Acquisition Corp.

Stephanie Samaroo-Martinez

Gerard Napolitano, CPA, PC

Todd Lichtman

Citigroup

Karen Eichel

Retired MSW

Amy Thogmartin

Centivox

Board leadership practices

SOURCE: Self-reported by organization

GuideStar worked with BoardSource, the national leader in nonprofit board leadership and governance, to create this section.

  • Board orientation and education
    Does the board conduct a formal orientation for new board members and require all board members to sign a written agreement regarding their roles, responsibilities, and expectations? Yes
  • CEO oversight
    Has the board conducted a formal, written assessment of the chief executive within the past year ? Not applicable
  • Ethics and transparency
    Have the board and senior staff reviewed the conflict-of-interest policy and completed and signed disclosure statements in the past year? Yes
  • Board composition
    Does the board ensure an inclusive board member recruitment process that results in diversity of thought and leadership? Yes
  • Board performance
    Has the board conducted a formal, written self-assessment of its performance within the past three years? Yes

Organizational demographics

SOURCE: Self-reported; last updated 6/13/2023

Who works and leads organizations that serve our diverse communities? Candid partnered with CHANGE Philanthropy on this demographic section.

Leadership

The organization's leader identifies as:

Race & ethnicity
White/Caucasian/European
Gender identity
Female, Not transgender
Sexual orientation
Heterosexual or Straight
Disability status
Person without a disability

The organization's co-leader identifies as:

Race & ethnicity
Asian/Asian American
Gender identity
Female, Not transgender
Sexual orientation
Heterosexual or Straight
Disability status
Person without a disability

Race & ethnicity

Gender identity

Transgender Identity

Sexual orientation

Disability