Charity Search / PROSPECT PARK FOUNDATION INC
Recreation & Sports (N32) 990 on File

PROSPECT PARK FOUNDATION INC

EIN: 16-1526063 · TROY, NY 12180-4009 · United States · FY 2024 Data
3 out of 5 46 / 100 Based on 2+ years of filings
Financial strength (30%) 73/100
Reliability (20%) 55/100
Effectiveness (25%) 51/100
Impact (25%) No data yet
Financial data: FY 2024 · Scored 9/13/2026
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CharityAI™ Score
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Financial Overview — FY 2024
$47K
Total Revenue
$23K
Total Expenses
$60K
Net Assets
N/A
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio 98.4%
Fundraising Efficiency N/A
Operating Reserve 31.22x
Liability-to-Asset N/A
Revenue Diversification 70.8%
Compared with Peers
FY 2024
Compared with 9,148 similar organizations (United States, Recreation & Sports, under $100K in expenses), FY 2024.
This organization Middle half of peers (P25–P75) Peer median
Ratio This org Peer median Position (P10 → P90)
Program expense ratio
Program expenses / total expenses · higher is better
98.4% 92.4%
P10P90
Above median
Operating reserve
Months of expenses covered by net assets · higher is better
31.2 mo 9.6 mo
P10P90
Top quarter
Revenue concentration
Share of revenue from the largest source · lower is better
70.8% 85.1%
P10P90
Above median
Revenue growth
Year over year revenue growth
19.8% 0.9%
P10P90
Expense growth
Year over year expense growth
-31.9% 0.8%
P10P90
Surplus margin
Surplus as a share of revenue
50.1% 8.8%
P10P90
Financial History
Year Revenue Expenses Net Assets Program % Staff
2024 $47K $23K $60K 98.4% —
2023 $39K $34K $37K 99.0% —
2022 $23K $24K $32K 98.5% —
2021 $24K $22K N/A — 1
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Organization Details
EIN
16-1526063
State
NY
City
TROY
ZIP
12180-4009
Classification
N32
Category
Recreation & Sports
Rating
3★
Coverage
A
Last Updated
Aug 2026
Form 990
On File
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