COLEBROOK DOWNTOWN DEVELOPMENT ASSOCIATION INC

EIN: 020523427 501(c)(3)

COLEBROOK, NH

Total Revenue
$-123,112
Total Expenses
$52,293
Total Assets
N/A
Net Assets
N/A
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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
2001
Legal Domicile
NH
Principal Officer
SANDRA RIENDEAU
Phone
6032378010
Tax Period
2021-01-01 to 2021-12-31

COLEBROOK DOWNTOWN DEVELOPMENT ASSOCIATION INC, founded in 2001, is a micro nonprofit that reported $123K in total revenue in fiscal year 2021. Revenue fell 1559% from the prior year — a significant decline worth monitoring.

Mission

COMMUNITY DEVELOPMENT

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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%)

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Financial Overview (2021)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $0
Investment Income $-121,473
Other Revenue $-1,639
TOTAL REVENUE $-123,112

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $3,250
Other Expenses $52,293
TOTAL EXPENSES $52,293

Year-over-Year Comparison

2021 2020 Change
Revenue $-123,112 $8,437 -15.6%
Expenses $52,293 $14,546 +2.6%
Net Income $-175,405 $-6,109 +27.7%
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

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Governance

Voting Members
6
Independent Members
6
Employees
N/A
Volunteers
6

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
4
$0
Total Directors
6
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
ROSEMARY J MULLIKEN TREASURER N/A
Officer Director
$0 $0 $0
SANDRA RIENDEAU PRESIDENT N/A
Officer Director
$0 $0 $0
DANA BARTLETT VICE-PRESIDE N/A
Officer Director
$0 $0 $0
CYNTHIA BARTLETT SECRETARY N/A
Officer Director
$0 $0 $0
JOHN STRICKLAND DIRECTOR N/A
Director
$0 $0 $0
ALBERT FERNS JR DIRECTOR N/A
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
2021 $-123,112 $52,293 No data $-175,405
2020 $8,437 $14,546 $201,817 $-6,109
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