Cuckolds Fog Signal and Light Station Council

EIN: 030601659 501(c)(3)

Southport, ME

Total Revenue
$32,000
Total Expenses
$179,356
Total Assets
$2,674,940
Net Assets
$1,189,790
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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
2005
Legal Domicile
ME
Principal Officer
Paul Coulombe
Phone
2077752387
Tax Period
2020-01-01 to 2020-12-31

Cuckolds Fog Signal and Light Station Council, founded in 2005, is a micro nonprofit that reported $32K in total revenue in fiscal year 2020. Revenue fell 71% from the prior year — a significant decline worth monitoring. Expenses of $179K exceeded revenue, resulting in a 460% operating deficit.

Mission

The Cuckolds Fog Signal is a volunteer-led initiative to stabilize and maintain the light station.

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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 (2020)

Revenue Breakdown

Contributions & Grants $32,000
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $32,000

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $179,356
Other Expenses $179,356
TOTAL EXPENSES $179,356

Year-over-Year Comparison

2020 2019 Change
Revenue $32,000 $111,553 -0.7%
Expenses $179,356 $326,265 -0.5%
Net Income $-147,356 $-214,712 -0.3%
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
5
Independent Members
5
Employees
N/A
Volunteers
5

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
5
$0
Total Directors
5
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Paul Coulombe President 0.50
Officer Director
$0 $0 $0
Janet Reingold Vice President 0.50
Officer Director
$0 $0 $0
Philip Yasinski Vice President 0.50
Officer Director
$0 $0 $0
Steven Richardson Esq Secretary 0.50
Officer Director
$0 $0 $0
Marion Mundy Board Member 0.50
Director
$0 $0 $0
Harrison Cal Buxton Treasurer 0.50
Officer
$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
2020 $32,000 $179,356 $2,674,940 $-147,356
2019 $111,553 $326,265 $2,795,630 $-214,712
2018 $220,029 $301,590 $3,010,427 $-81,561
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