Harbor Schools Incorporated (EIN 042523961) - 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

1972

Legal Domicile

Principal Officer

Larry J Gammon

Phone

6036238863

Tax Period

2017-09-01 to 2018-08-31

Harbor Schools Incorporated, founded in 1972, is a micro nonprofit that reported $1K in total revenue in fiscal year 2017.

Mission

Provide an integrated continuum of care, including alternative homes and educational opportunities.

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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 (2017)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $0

Investment Income $1,203

Other Revenue $0

TOTAL REVENUE $1,203

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Other Expenses $0

TOTAL EXPENSES $0

Year-over-Year Comparison

	2017	2016	Change
Revenue	$1,203	$1,122	+0.1%
Expenses	N/A	$10,035	-1.0%
Net Income	N/A	$-8,913	N/A

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

N/A

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

$747,295

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Andrew MacWilliam	Chairman	1.00	Officer Director	$0	$0	$0
Jim Bee	Past Chairman	1.00	Officer Director	$0	$0	$0
Matthew Boucher	Treasurer	1.00	Officer Director	$0	$0	$0
Charles Panasis	Secretary	1.00	Officer Director	$0	$0	$0
Tom Sullivan	Vice Chairman	1.00	Officer Director	$0	$0	$0
Charles Goodwin	Vice Chairman	1.00	Officer Director	$0	$0	$0
Wendell Butcher	Past Assistant Treasurer	1.00	Officer Director	$0	$0	$0
Sue MacDermott	Past Assistant Secretary	1.00	Officer Director	$0	$0	$0
Dennis Beaulieu	Director	1.00	Director	$0	$0	$0
Larry J Gammon	President & CEO	1.00	Officer	$0	$25,937	$460,860
Elin A Treanor	CFO	1.00	Officer	$0	$15,320	$286,435

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
2018	$1,203	No data	No data	No data

Harbor Schools Incorporated