MECHANIC FALLS DEVELOPMENT COMMISS… - Form 990 Financial Data

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

1982

Principal Officer

MICHAEL BAIRD

Phone

2073453047

Tax Period

2017-07-01 to 2018-06-30

MECHANIC FALLS DEVELOPMENT COMMISSION, founded in 1982, is a micro nonprofit in the Community Improvement sector that reported $13K in total revenue in fiscal year 2017. Revenue decreased 7% compared to the prior year. Expenses of $15K exceeded revenue, resulting in a 14% operating deficit.

Mission

TO ENCOURAGE EXPANSION OF INDUSTRY.

Program Service Accomplishments

Program 1

Expenses: $5,446 Revenue: $11,248

THE PURPOSE OF THE COMMISSION IS TO ACT AS A LOCAL CITIZENS' GROUP TO PROMOTE INCREASED EMPLOYMENT AND LIVING STANDARDS IN THE TOWN OF MECHANIC FALL, MAINE, AND TO ENCOURAGE AND ASSIST THE PHYSICAL SETTLEMENT, EXPANSION, RESETTLEMENT, AND STRENGTHENING OF ECONOMIC BASE INDUSTRIES AND OTHER BUSINESS ENTERPRISES WITHIN THE TOWN OF MECHANIC FALLS, TO PROMOTE CIVIC IMPROVEMENTS THEREIN AND TO FOSTER AND PRESERVE THE FREE ENTERPRISE SYSTEM.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2017)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $11,248

Investment Income $1,548

Other Revenue $0

TOTAL REVENUE $12,796

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $5,446

Other Expenses $14,548

TOTAL EXPENSES $14,548

Year-over-Year Comparison

	2017	2016	Change
Revenue	$12,796	$13,713	-0.1%
Expenses	$14,548	$11,890	+0.2%
Net Income	$-1,752	$1,823	-2.0%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required

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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

N/A

Volunteers

N/A

Governance Policies

✗ Conflict of Interest Policy

✗ Whistleblower Policy

✗ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School

✗ Operated a Hospital

✗ Provided First Class Travel

✗ Reported Conflict of Interest

✗ Reported Asset Diversion

✗ Excess Benefit Transaction

✗ Made Political Expenditures

✗ Engaged in Lobbying

✗ Operated Donor Advised Fund

✗ Maintained Art Collections

✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers

$1,450

Total Directors

$1,850

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
MICHAEL BAIRD	PRESIDENT	0.25	Officer Director	$550	$0	$550
STUART DAVIS	TREASURER	0.25	Officer Director	$450	$0	$450
BRENDA COLEMAN	SECRETARY	0.25	Officer Director	$450	$0	$450
TIM DEAN	MEMBER	0.25	Director	$400	$0	$400

Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year	Revenue	Expenses	Assets	Net Income
2018	$12,796	$14,548	$584,107	$-1,752

MECHANIC FALLS DEVELOPMENT COMMISSION