FRIENDS OF CASCO BAY (EIN 010452620) - Form 990 Financial Analysis & Trantor Score

🔒

Tuckman-Chang Vulnerability Assessment

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

1989

Legal Domicile

Principal Officer

WILL EVERITT

Phone

2077998574

Tax Period

2024-04-01 to 2025-03-31

FRIENDS OF CASCO BAY is a 501(c)(3) with EIN 010452620, based in PORTLAND, ME. Founded in 1989, the organization files IRS Form 990 and reported its most recent data for fiscal year 2024. In that period, it reported $1,317,711 in total revenue and $1,374,793 in total expenses, with net assets of $2,724,298.

Mission

TO IMPROVE AND PROTECT THE ENVIRONMENTAL HEALTH OF CASCO BAY, MAINE.

🔒

Trantor Score

Financial Health & Payment Capacity Assessment (FICO Scale: 300–850)

Sign in to view Trantor Score and financial metrics

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

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $1,292,253

Program Service Revenue $2,891

Investment Income $35,247

Other Revenue $-12,680

TOTAL REVENUE $1,317,711

Expense Breakdown

Grants Paid $0

Salaries & Benefits $902,468

Fundraising Expenses $258,804

Program Expenses $902,200

Other Expenses $472,325

TOTAL EXPENSES $1,374,793

Year-over-Year Comparison

	2024	2023	Change
Revenue	$1,317,711	$1,078,998	+0.2%
Expenses	$1,374,793	$1,283,562	+0.1%
Net Income	$-57,082	$-204,564	-0.7%

Key Indicators

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

🔒

Financial Health Indicators

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

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

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

Governance

Voting Members

Independent Members

Employees

Volunteers

436

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

$134,317

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
KIRSTEN PIACENTINI	PRESIDENT	2.00	Officer Director	$0	$0	$0
ELLEN GRANT	VICE PRESIDE	1.00	Officer Director	$0	$0	$0
PATRICIA IANNI	CLERK	1.00	Officer Director	$0	$0	$0
MALCOLM F POOLE	TREASURER	1.00	Officer Director	$0	$0	$0
SAMANTHA BENGS	DIRECTOR	1.00	Director	$0	$0	$0
STEPHEN BUSHEY	DIRECTOR	1.00	Director	$0	$0	$0
NATHAN DAVIS	DIRECTOR	1.00	Director	$0	$0	$0
DEBORAH DEBIEGUN	DIRECTOR	1.00	Director	$0	$0	$0
DAVID KAUFMAN	DIRECTOR	1.00	Director	$0	$0	$0
PETER C LEBOURDAIS	DIRECTOR	1.00	Director	$0	$0	$0
ANDREW MARSTERS	DIRECTOR	1.00	Director	$0	$0	$0
SEBASTIAN MILARDO	DIRECTOR	1.00	Director	$0	$0	$0
ANTHONY MOFFA	DIRECTOR	1.00	Director	$0	$0	$0
JANNA REARICK	DIRECTOR	1.00	Director	$0	$0	$0
SOREN SCHRODER	DIRECTOR	1.00	Director	$0	$0	$0
FIONA WILSON	DIRECTOR	1.00	Director	$0	$0	$0
WILL EVERITT	EXECUTIVE DI	40.00	Officer	$127,008	$7,309	$134,317
IVY FRIGNOCA	CASCO BAYKEE	40.00	Highest	$120,253	$17,492	$137,745

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
2025	$1,317,711	$1,374,793	$2,895,561	$-57,082
2024	$1,078,998	$1,283,562	$2,890,467	$-204,564
2023	$1,168,847	$1,237,062	$2,813,703	$-68,215
2022	$1,343,610	$1,098,029	$2,926,094	$245,581
2021	$1,082,412	$919,435	$2,896,363	$162,977
2020	$1,593,975	$1,017,555	$2,243,076	$576,420
2019	$1,175,021	$821,844	$1,715,863	$353,177

FRIENDS OF CASCO BAY