BANGOR YMCA FOUNDATION C/O BANGOR Y (EIN 016013485) - 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

1961

Legal Domicile

Principal Officer

PAUL NEWMAN

Phone

2079900996

Tax Period

2023-01-01 to 2023-12-31

BANGOR YMCA FOUNDATION C/O BANGOR Y, founded in 1961, is a micro nonprofit in the Human Services sector that reported $99K in total revenue in fiscal year 2023. Revenue surged 117% from the prior year, signaling strong growth momentum. The organization ran a surplus of $43K, a strong 44% operating margin.

Mission

TO PROVIDE STABLE AND PERMANENT SUPPORT FOR THE CAPITAL NEEDS OF THE BANGOR Y, ENSURING IT REMAINS A VITAL PART OF OUR COMMUNITY FOREVER, AND CONTINUES TO SERVE THE NEEDS OF OUR CHILDREN, TEENS, FAMILIES, AND SENIORS OF THE REGION.

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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 $14,365

Program Service Revenue $0

Investment Income $84,397

Other Revenue $0

TOTAL REVENUE $98,762

Expense Breakdown

Grants Paid $46,000

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $46,000

Other Expenses $9,456

TOTAL EXPENSES $55,456

Year-over-Year Comparison

	2023	2022	Change
Revenue	$98,762	$45,539	+1.2%
Expenses	$55,456	$35,189	+0.6%
Net Income	$43,306	$10,350	+3.2%

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

$455,458

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
DIANE DICKERSON	SECRETARY	1.00	Officer	$0	$76,687	$295,421
NEIL MACKAY	SECRETARY	5.00	Officer	$0	$17,987	$160,037
SALLY ARATA	VICE PRESIDE	1.00	Officer Director	$0	$0	$0
RICH ARMSTRONG	TRUSTEE	1.00	Director	$0	$0	$0
BILL DEMASO	TRUSTEE	0.25	Director	$0	$0	$0
DOUGLAS FARNHAM	PRESIDENT	1.50	Officer Director	$0	$0	$0
TAMMY HIGGINS	TRUSTEE	0.25	Director	$0	$0	$0
WILLIAM LUCY	TRUSTEE	0.25	Director	$0	$0	$0
PAUL MEANS	TRUSTEE	1.00	Director	$0	$0	$0
PAUL NEWMAN	TREASURER	0.25	Officer Director	$0	$0	$0
BRUCE NICKERSON	TRUSTEE	0.25	Director	$0	$0	$0
HANS PETERSON	CLERK	0.25	Officer Director	$0	$0	$0
TYLER SMITH	TRUSTEE	0.25	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	No data	No data	No data	No data
2023	$98,762	$55,456	$1,987,087	$43,306
2022	$45,539	$35,189	$1,727,643	$10,350
2021	$302,825	$32,898	$2,243,717	$269,927
2020	$187,170	$51,676	$2,009,159	$135,494
2019	$57,597	$47,711	$1,554,098	$9,886
2018	$194,436	$26,937	$1,440,460	$167,499

BANGOR YMCA FOUNDATION C/O BANGOR Y