Cobscook Community Learning Center (EIN 010449348) - Form 990 Financial Analysis & Trantor Score

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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

1999

Legal Domicile

Principal Officer

Kara McCrimmon

Phone

2077332233

Tax Period

2024-01-01 to 2024-12-31

Cobscook Community Learning Center, founded in 1999, is a community nonprofit that reported $1.1M in total revenue in fiscal year 2024. Revenue surged 56% from the prior year, signaling strong growth momentum. Net assets of $2.4M represent 25 months of operating reserves.

Mission

Our mission is to create responsive educational opportunities that strengthen personal, community and global well-being.

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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 (2024)

Revenue Breakdown

Contributions & Grants $649,697

Program Service Revenue $395,364

Investment Income $31,534

Other Revenue $53,837

TOTAL REVENUE $1,130,432

Expense Breakdown

Grants Paid $0

Salaries & Benefits $724,535

Fundraising Expenses $0

Program Expenses $972,748

Other Expenses $508,787

TOTAL EXPENSES $1,233,322

Year-over-Year Comparison

	2024	2023	Change
Revenue	$1,130,432	$724,340	+0.6%
Expenses	$1,233,322	$1,173,434	+0.1%
Net Income	$-102,890	$-449,094	-0.8%

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

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

$138,832

Total Directors

$6,080

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Kara McCrimmon	Co-Executive Director	040.00	Officer	$69,856	$0	$69,856
Shaun Haskins	Co-Executive Director	040.00	Officer	$62,896	$0	$62,896
Colby Soctomah Lewey	Chair	005.00	Officer Director	$6,080	$0	$6,080
Frank Trocco	Director	005.00	Director	$0	$0	$0
Alan Furth	Treasurer	005.00	Officer Director	$0	$0	$0
Ron Beckwith	Secretary	005.00	Officer Director	$0	$0	$0
Mark Hoffman	Director	002.00	Director	$0	$0	$0
Leslie Bowman	Director	002.00	Director	$0	$0	$0
Kevin Thompson	Director	005.00	Officer Director	$0	$0	$0
Wendy Newell Dyer	Director	005.00	Director	$0	$0	$0
Bo Yerxa	Director	005.00	Director	$0	$0	$0
Noela Altvater	Director	005.00	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
2024	$1,130,432	$1,233,322	$2,887,476	$-102,890
2023	$724,340	$1,173,434	$2,970,393	$-449,094
2022	$978,990	$1,033,365	$3,458,801	$-54,375
2021	$1,225,738	$912,449	$3,718,978	$313,289
2020	$1,339,741	$1,250,481	$3,268,299	$89,260
2019	$1,850,788	$1,715,390	$3,258,456	$135,398
2018	$1,885,992	$1,471,160	$3,209,123	$414,832

Cobscook Community Learning Center