Peaks Island Children's Workshop (EIN 010482767) - 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

1993

Legal Domicile

Principal Officer

John Freeman

Phone

2077662854

Tax Period

2024-01-01 to 2024-12-31

Peaks Island Children's Workshop, founded in 1993, is a small nonprofit in the Youth Development sector that reported $379K in total revenue in fiscal year 2024. Revenue decreased 10% compared to the prior year.

Mission

To provide child care services for families to enable parents to work, attend school or job training.

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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 $174,113

Program Service Revenue $190,025

Investment Income $14,949

Other Revenue $0

TOTAL REVENUE $379,087

Expense Breakdown

Grants Paid $0

Salaries & Benefits $279,284

Fundraising Expenses $5,058

Program Expenses $306,025

Other Expenses $93,327

TOTAL EXPENSES $372,611

Year-over-Year Comparison

	2024	2023	Change
Revenue	$379,087	$422,150	-0.1%
Expenses	$372,611	$288,842	+0.3%
Net Income	$6,476	$133,308	-1.0%

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

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
Heather Thompson	President	5.00	Officer Director	$0	$0	$0
John Freeman	Treasurer	5.00	Officer Director	$0	$0	$0
Will Green	Secretary	3.00	Officer Director	$0	$0	$0
Shea Berry-Brennan	Director	3.00	Director	$0	$0	$0
Betsy Cook	Director	3.00	Director	$0	$0	$0
Mandy Davis	Director	3.00	Director	$0	$0	$0
Sarah Goodman	Director	3.00	Director	$0	$0	$0
Julia Nord	Director	3.00	Director	$0	$0	$0
Judy Walsh	Director	3.00	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	$379,087	$372,611	$537,810	$6,476
2023	$422,150	$288,842	$524,566	$133,308
2022	$302,383	$267,712	$395,034	$34,671
2021	$193,387	$208,084	$364,122	$-14,697
2020	$152,601	$138,091	$372,989	$14,510
2019	$190,884	$184,763	$274,352	$6,121
2018	$188,004	$193,435	$268,142	$-5,431

Peaks Island Children's Workshop