PETERBOROUGH, NH
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)CASQUE AND GAUNTLET TRUST is a community nonprofit that reported $1.9M in total revenue in fiscal year 2023. Revenue surged 1374% from the prior year, signaling strong growth momentum. Expenses of $2.4M exceeded revenue, resulting in a 28% operating deficit.
ORGANIZATION, IN SUPPORT OF A 501 (C) (3) COLLEGE.
DURING THIS FISCAL YEAR (AS HAS BEEN THE CASE SINCE 2020 WHEN THE COVID PANDEMIC FORCED A DRAMATIC CHANGE IN OUR ORGANIZATION), THE ORIGINAL MISSION-RELATED ACTIVITIES OF THE TRUST WERE NO LONGER...
DURING THIS FISCAL YEAR (AS HAS BEEN THE CASE SINCE 2020 WHEN THE COVID PANDEMIC FORCED A DRAMATIC CHANGE IN OUR ORGANIZATION), THE ORIGINAL MISSION-RELATED ACTIVITIES OF THE TRUST WERE NO LONGER EITHER ACTIONABLE OR RELEVANT. HOWEVER, DURING THIS FISCAL YEAR, THE TRUST/TRUSTEES SUCCESSFULLY ACCOMPLISHED SEVERAL IMPORTANT THINGS INCLUDING: A) DETERMINING A PATH FORWARD CONSISTENT WITH THE TRUST'S MISSION AND CHARTER; B) SECURING RESOURCES TO EXECUTE ON THIS, INCLUDING BY SELLING OFF THE ASSETS/PROPERTY HELD BY THE TRUST (I.E. 1 S. MAIN ST, HANOVER, NH) TO DARTMOUTH COLLEGE AT AN APPRAISED FAIR MARKET VALUE AND IN A MANNER CONSISTENT WITH THE PROVISIONS OF ITS CHARTER; C) DONATING ALL OF ITS CASH INCLUDING THAT RECEIVED FROM THE SALE OF 1 S MAIN ST AND ALL RESIDUAL CASH FROM OPERATIONS TO DARTMOUTH COLLEGE IN SUPPORT OF A SPECIFIC NEW PROGRAM AT DARTMOUTH THAT CLOSELY MATCHED THE ORIGINAL MISSION OF THE TRUST AND IN A MANNER CONSISTENT WITH THE PROVISIONS OF ITS CHARTER; D) WITH SUPPORT FROM OUTSIDE COUNSEL (WHO ALSO ADVISED ON THE ABOVE ACTIONS) AND IN A MANNER CONSISTENT WITH THE PROVISIONS OF ITS CHARTER, EXECUTING A FINAL DISSOLUTION OF THE TRUST EFFECTIVE AUGUST 29 2024, GIVEN THAT, FOLLOWING THE DONATIONS TO DARTMOUTH, THE TRUST NO LONGER HAD RESIDUAL MISSION OR RESOURCES, AND ITS ORIGINAL MISSION HAD BEEN FULFILLED TO THE BEST OF THE TRUSTEES' ABILITY. NO TRUSTEE RECEIVED ANY FINANCIAL OR NON-FINANCIAL BENEFIT VIA THE ACTIONS TAKEN DURING THIS FINAL FISCAL YEAR (OR BEFORE THAT) IN ACCOMPLISHING THE ABOVE. NO TRUSTEE WAS EVER PAID OR RECEIVED NON-CASH REMUNERATION FOR THEIR TIME OR SERVICES ON BEHALF OF THE TRUST
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2023 | 2022 | Change | |
|---|---|---|---|
| Revenue | $1,866,190 | $126,600 | +13.7% |
| Expenses | $2,387,380 | $155,622 | +14.3% |
| Net Income | $-521,190 | $-29,022 | +17.0% |
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
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| TRACY WALSH | TREASURER | 2.00 |
Officer
|
$0 | $0 | $0 |
| EDWIN M KANIA | TRUSTEE | 2.00 |
Director
|
$0 | $0 | $0 |
| JAMES W STEIN | TRUSTEE | 0.50 |
Director
|
$0 | $0 | $0 |
| FREDERICK H STEPHENS JR | TRUSTEE | 0.25 |
Director
|
$0 | $0 | $0 |
| DAVID M TILLINGHAST | TRUSTEE | 1.00 |
Director
|
$0 | $0 | $0 |
| THOMAS J TOMAI | TRUSTEE | 2.00 |
Director
|
$0 | $0 | $0 |
| JAMES WOOSTER | TRUSTEE | 0.50 |
Director
|
$0 | $0 | $0 |
| SARAH E WORLEY | TRUSTEE | 0.50 |
Director
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2024 | $1,866,190 | $2,387,380 | No data | $-521,190 |
| 2023 | $126,600 | $155,622 | $521,190 | $-29,022 |
| 2022 | $37,608 | $47,887 | $529,112 | $-10,279 |
| 2021 | $151,482 | $99,389 | $568,390 | $52,093 |
| 2021 | $65,260 | $42,166 | $539,391 | $23,094 |
| 2020 | $82,686 | $160,438 | $516,297 | $-77,752 |
| 2019 | $106,185 | $192,087 | $594,048 | $-85,902 |
| 2018 | $88,022 | $131,240 | $679,950 | $-43,218 |
Compare CASQUE AND GAUNTLET TRUST with other nonprofits in New Hampshire and across the country.