Wilmot Community Association Inc (EIN 020266275) - 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

1963

Legal Domicile

Principal Officer

Lorraine Acosta

Phone

6035267934

Tax Period

2024-01-01 to 2024-12-31

Wilmot Community Association Inc, founded in 1963, is a micro nonprofit in the Recreation & Sports sector that reported $96K in total revenue in fiscal year 2024. Revenue surged 22% from the prior year, signaling strong growth momentum. Expenses of $129K exceeded revenue, resulting in a 34% operating deficit.

Mission

To promote, organize and provide facilities for charitable, recreational, social and educational activities in Wilmot, with special emphasis on youth.

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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 $52,360

Program Service Revenue $21,798

Investment Income $774

Other Revenue $21,363

TOTAL REVENUE $96,295

Expense Breakdown

Grants Paid $1,000

Salaries & Benefits $48,242

Fundraising Expenses $0

Program Expenses $118,698

Other Expenses $79,704

TOTAL EXPENSES $128,946

Year-over-Year Comparison

	2024	2023	Change
Revenue	$96,295	$78,659	+0.2%
Expenses	$128,946	$101,404	+0.3%
Net Income	$-32,651	$-22,745	+0.4%

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
Adam Glass	President	9.00	Officer Director	$0	$0	$0
Brian McCarthy	Vice President	2.00	Officer Director	$0	$0	$0
Lorraine Acosta	Treasurer	2.00	Officer Director	$0	$0	$0
Claire Boland	Board	2.00	Director	$0	$0	$0
Amber Gove	Board Member	0.50	Director	$0	$0	$0
Dana Bascom	Board Member	3.00	Director	$0	$0	$0
Nick Brodich	Board Member	2.00	Director	$0	$0	$0
Rachel Seamans	Board Member	3.00	Director	$0	$0	$0
Kate Doucette	Board Member	1.00	Director	$0	$0	$0
Ann Davis	Board Member	1.00	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	$96,295	$128,946	$420,963	$-32,651
2023	$78,659	$101,404	$453,284	$-22,745
2022	$80,867	$96,477	$476,593	$-15,610
2021	$75,362	$80,426	$492,459	$-5,064
2020	$96,884	$43,728	$497,195	$53,156

Wilmot Community Association Inc