FRYEBURG ACADEMY ALUMNI ASSOCIATION

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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

1998

Legal Domicile

Principal Officer

ANITA BARKER

Phone

2079352001

Tax Period

2020-07-01 to 2021-06-30

FRYEBURG ACADEMY ALUMNI ASSOCIATION, founded in 1998, is a small nonprofit in the Philanthropy & Grantmaking sector that reported $127K in total revenue in fiscal year 2020. Revenue surged 683% from the prior year, signaling strong growth momentum. The organization ran a surplus of $111K, a strong 88% operating margin.

Mission

THE ORGANIZATON OPERATES AN ASSOCIATION THAT GIVES THE ALUMNI OF FRYEBURG ACADEMY AN OPPORTUNITY TO SUPPORT THEIR ALMA MATER THROUGH FINANCIAL AND SPIRITUAL MEANS.

Program Service Accomplishments

Program 1

Expenses: $10,005

THE OBJECT OF THE ASSOCIATION IS TO PROMOTE THE MATERIAL WELFARE, ADD TO THE EDUCATIONAL FACILITIES AND SECURE THE CONTINUING USEFULNESS OF THE FRYEBURG ACADEMY HIGH SCHOOL TO THE GENERATIONS TO COME AS IT ALREADY SERVED THOSE IN THE PAST. THE OBJECTIVE IS ACCOMPLISHED THROUGH THE ORGANIZATION OF ALUMNI EVENTS, THE CONTRIBUTION OF FUNDS TO THE SCHOOL FOR LONG-TERM PROJECTS, THE ADVANCEMENT OF SCHOLARSHIP MONIES FOR STUDENTS, PURCHASE OF NECESSARY SCHOOL SUPPLIES, AND OTHER ACTIVITIES DEEMED NECESSARY TO ADVANCE THE CAUSES OF THE FRYEBURG ACADEMY.

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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 (2020)

Revenue Breakdown

Contributions & Grants $665

Program Service Revenue $0

Investment Income $126,425

Other Revenue $0

TOTAL REVENUE $127,090

Expense Breakdown

Grants Paid $10,005

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $10,005

Other Expenses $5,654

TOTAL EXPENSES $15,659

Year-over-Year Comparison

	2020	2019	Change
Revenue	$127,090	$16,224	+6.8%
Expenses	$15,659	$19,774	-0.2%
Net Income	$111,431	$-3,550	-32.4%

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

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
ANITA BARKER	PRESIDENT	2.00	Officer Director	$0	$0	$0
JENNIFER BARTLETT	VICE PRESIDENT	1.00	Officer Director	$0	$0	$0
DAWN GALE	SECRETARY	1.00	Officer Director	$0	$0	$0
CHRISTOPHER DUTTON	TREASURER	2.00	Officer Director	$0	$0	$0
DANA CHARLES	PAST PRESIDENT	1.00	Director	$0	$0	$0
RONALD SANBORN	DIRECTOR	1.00	Director	$0	$0	$0
BARBARA GUSHEE	DIRECTOR	1.00	Director	$0	$0	$0
DAVID RICHARDSON	DIRECTOR	1.00	Director	$0	$0	$0
MARY GROVER JONES	DIRECTOR	1.00	Director	$0	$0	$0
LONNI LEWIS	DIRECTOR	1.00	Director	$0	$0	$0
TRAVIS PERRY	DIRECTOR	1.00	Director	$0	$0	$0
JODIE BARTON HESSLEIN	DIRECTOR	1.00	Director	$0	$0	$0
LYNN DESCHAMBEAULT	DIRECTOR	1.00	Director	$0	$0	$0
SHEILA DUANE	DIRECTOR	1.00	Director	$0	$0	$0
JENNIFER BARTLETT	DIRECTOR	1.00	Director	$0	$0	$0
CHICKEY DESCHAMBEAULT	DIRECTOR	1.00	Director	$0	$0	$0
LOLA LAYNE	DIRECTOR	1.00	Director	$0	$0	$0
BRYLIE WALKER YOUNG	DIRECTOR	1.00	Director	$0	$0	$0
MARGARET BIGELOW	DIRECTOR	1.00	Director	$0	$0	$0
RYAN KELLY	DIRECTOR	1.00	Director	$0	$0	$0
CHRISTINA DIPIETRO	DIRECTOR	1.00	Director	$0	$0	$0
SCOTT LOVEJOY	DIRECTOR	1.00	Director	$0	$0	$0

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
2021	$127,090	$15,659	$364,417	$111,431