SANDWICH FAIR ASSOCIATION

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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

1910

Legal Domicile

Principal Officer

BRYAN PEASLEE

Phone

6032847062

Tax Period

2024-01-01 to 2024-12-31

SANDWICH FAIR ASSOCIATION, founded in 1910, is a small nonprofit that reported $668K in total revenue in fiscal year 2024. Expenses of $646K left a modest 3% surplus.

Mission

SPONSOR AGRICULTURAL FAIR TO SUPPORT LOCAL FARMS AND FARMING WAY OF LIFE. EDUCATE GENERAL PUBLIC THROUGH PROGRAMS AND DISPLAYS TO ENCOURAGE COMMUNITY EFFORTS TO PROMOTE FARMING.

Program Service Accomplishments

Program 1

Expenses: $390,128 Revenue: $502,148

SPONSOR AGRICULTURAL FAIR TO SUPPORT LOCAL FARMS AND FARMING WAY OF LIFE. EDUCATE GENERAL PUBLIC THROUGH PROGRAMS AND DISPLAYS TO ENCOURAGE COMMUNITY EFFORTS TO PROMOTE FARMING.

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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 $60,810

Program Service Revenue $508,674

Investment Income $92,407

Other Revenue $6,549

TOTAL REVENUE $668,440

Expense Breakdown

Grants Paid $2,000

Salaries & Benefits $86,097

Fundraising Expenses $0

Program Expenses $520,972

Other Expenses $558,269

TOTAL EXPENSES $646,366

Year-over-Year Comparison

	2024	2023	Change
Revenue	$668,440	$646,291	+0.0%
Expenses	$646,366	$558,275	+0.2%
Net Income	$22,074	$88,016	-0.7%

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

200

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

$11,004

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
ROBIN WEST	DIRECTOR	4.00	Director	$11,004	$0	$11,004
CHRIS CONWAY	DIRECTOR	2.00	Director	$0	$0	$0
SUSAN DAIL	VICE PRESIDE	2.00	Officer Director	$0	$0	$0
WILL DEWITTE	DIRECTOR	2.00	Director	$0	$0	$0
RAYMOND ELLIOTT	DIRECTOR	2.00	Director	$0	$0	$0
ANTHONY GASBARRO	SECRETARY	2.00	Director	$0	$0	$0
BRYAN PEASLEE	PRESIDENT	2.00	Officer Director	$0	$0	$0
BRANDI TAGGETT	DIRECTOR	2.00	Director	$0	$0	$0
CLAES THELEMARCK	TREASURER	2.00	Officer Director	$0	$0	$0
MIKE YEAGER	DIRECTOR	2.00	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	$668,440	$646,366	$2,814,282	$22,074
2023	$646,291	$558,275	$2,612,390	$88,016
2022	$642,765	$530,978	$2,363,565	$111,787
2021	$632,013	$458,541	$2,428,760	$173,472
2020	$85,499	$171,853	$2,122,997	$-86,354
2019	$657,857	$451,717	$2,106,156	$206,140
2018	$534,406	$429,403	$1,785,876	$105,003