COBSCOOK BAY RESOURCE CENTER INC

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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

WILL HOPKINS

Phone

2078536607

Tax Period

2019-07-01 to 2020-06-30

COBSCOOK BAY RESOURCE CENTER INC, founded in 1998, is a micro nonprofit in the Environment sector that reported $4K in total revenue in fiscal year 2019. Revenue fell 93% from the prior year — a significant decline worth monitoring. Expenses of $47K exceeded revenue, resulting in a 1182% operating deficit.

Mission

THE MISSION OF THE COBSCOOK BAY RESOURCE CENTER IS TO ENCOURAGE AND STENGTHEN COMMUNITY-BASED APPROACHES TO RESOURCE MANAGEMENT AND SUSTAINABLE ECONOMIC DEVELOPMENT OF THE COBSCOOK BAY REGION, THE BAY OF FUNDY AND THE GULF OF MAINE.

Program Service Accomplishments

Program 1

Expenses: $43,983

THE MISSION OF THE COBSCOOK BAY RESOURCE CENTER IS TO ENCOURAGE & STRENGTHEN COMMUNITY-BASED APPROACHES TO RESOURCE MANAGEMENT & SUSTAINABLE ECONOMIC DEVELOPMENT IN THE COBSCOOK BAY REGION, THE BAY...

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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 (2019)

Revenue Breakdown

Contributions & Grants $3,653

Program Service Revenue $0

Investment Income $15

Other Revenue $0

TOTAL REVENUE $3,668

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $43,983

Other Expenses $47,038

TOTAL EXPENSES $47,038

Year-over-Year Comparison

	2019	2018	Change
Revenue	$3,668	$55,537	-0.9%
Expenses	$47,038	$65,598	-0.3%
Net Income	$-43,370	$-10,061	+3.3%

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
CAROL BRYAN	DIRECTOR	4.00	Director	$0	$0	$0
CHARLES CURTIN	DIRECTOR	4.00	Director	$0	$0	$0
ELIZABETH SPRAGUE	DIRECTOR	4.00	Director	$0	$0	$0
TARI CAMICK	VICE CHAIR	4.00	Officer	$0	$0	$0
JOHN CHARLTON	TREASURER	4.00	Officer	$0	$0	$0
WILL HOPKINS	EXECUTIVE DIRECTOR	40.00	Officer	$0	$0	$0
HEIDI LEIGHTON	CHAIR	4.00	Officer	$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
2020	$3,668	$47,038	$444,968	$-43,370
2019	$55,537	$65,598	$496,658	$-10,061
2018	$47,110	$82,415	$513,339	$-35,305