PORTLAND WIDOWS WOOD SOCIETY (EIN 016001384) - 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

1850

Legal Domicile

Principal Officer

Cheryl Hallett

Phone

2074159333

Tax Period

2023-11-01 to 2024-10-31

PORTLAND WIDOWS WOOD SOCIETY, founded in 1850, is a small nonprofit in the Human Services sector that reported $278K in total revenue in fiscal year 2023. Revenue fell 79% from the prior year — a significant decline worth monitoring. The organization ran a surplus of $207K, a strong 75% operating margin.

Mission

The Portland Widow's Wood Society provides heating assistance with oil, wood, gas or coal to destitute widows, widowers, or others in need in the City of Portland, Maine.

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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 (2023)

Revenue Breakdown

Contributions & Grants $25,500

Program Service Revenue $0

Investment Income $252,123

Other Revenue $0

TOTAL REVENUE $277,623

Expense Breakdown

Grants Paid $64,714

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $70,229

Other Expenses $5,515

TOTAL EXPENSES $70,229

Year-over-Year Comparison

	2023	2022	Change
Revenue	$277,623	$1,326,700	-0.8%
Expenses	$70,229	$55,486	+0.3%
Net Income	$207,394	$1,271,214	-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

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
John Knox	President	1	Director	$0	$0	$0
Thomas Pierce	Vice President	0	Director	$0	$0	$0
Cheryl Hallett	Treasurer	0.50	Director	$0	$0	$0
Henry Donovan	Board Member	0	Director	$0	$0	$0
Desiree Lester	Board Member	0	Director	$0	$0	$0
Cyrus Hagge	Board Member	0	Director	$0	$0	$0
Nancy English	Board Member	0	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	$277,623	$70,229	$2,560,617	$207,394
2023	$1,326,700	$55,486	$2,275,939	$1,271,214
2022	$104,046	$56,068	$850,070	$47,978
2021	$86,593	$47,659	$802,092	$38,934

PORTLAND WIDOWS WOOD SOCIETY