FRIENDS OF BOURNE COUNCIL ON AGING (EIN 042691137) - 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

1979

Legal Domicile

Principal Officer

PETER LINDBERG

Phone

5087593516

Tax Period

2022-07-01 to 2023-06-30

FRIENDS OF BOURNE COUNCIL ON AGING, founded in 1979, is a small nonprofit in the Human Services sector that reported $336K in total revenue in fiscal year 2022. Revenue decreased 8% compared to the prior year. The organization ran a surplus of $83K, a strong 25% operating margin.

Mission

OPERATIONS OF THE BOURNE FOOD PANTRY TO PROVIDE SUPPORT TO THE PROGRAMS AND SERVICES OF THE BOURNE COUNCIL ON AGING.

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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 (2022)

Revenue Breakdown

Contributions & Grants $302,205

Program Service Revenue $0

Investment Income $7,398

Other Revenue $26,575

TOTAL REVENUE $336,178

Expense Breakdown

Grants Paid $0

Salaries & Benefits $82,415

Fundraising Expenses $0

Program Expenses $134,553

Other Expenses $170,375

TOTAL EXPENSES $252,790

Year-over-Year Comparison

	2022	2021	Change
Revenue	$336,178	$366,784	-0.1%
Expenses	$252,790	N/A	N/A
Net Income	$83,388	$366,784	-0.8%

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

N/A

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
DIANE BERGERON	DIRECTOR	2.00	Director	$0	$0	$0
NATHAN CARR	DIRECTOR	2.00	Director	$0	$0	$0
DEBRA DANN	DIRECTOR	2.00	Director	$0	$0	$0
SANDRA DIGANGI	DIRECTOR	2.00	Director	$0	$0	$0
JILL FIORE	DIRECTOR	2.00	Director	$0	$0	$0
BARBARA MCMAKIN	DIRECTOR	2.00	Director	$0	$0	$0
JOYCE MICHAUD	DIRECTOR	2.00	Director	$0	$0	$0
MAUREEN PELONZI	DIRECTOR	2.00	Director	$0	$0	$0
LINDA SILVEIRA	DIRECTOR	2.00	Director	$0	$0	$0
DOROTHY WILCOX	DIRECTOR	2.00	Director	$0	$0	$0
PETER LINDBERG	PRESIDENT	10.00	Officer	$0	$0	$0
PAULA MCCONNELL	VICE PRESIDENT	5.00	Officer	$0	$0	$0
H ARNOLD CARR	TREASURER	10.00	Officer	$0	$0	$0
ELIZABETH CONNOLLY	SECRETARY	10.00	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
2025	No data	No data	No data	No data
2024	No data	No data	No data	No data
2023	$336,178	$252,790	$710,169	$83,388
2022	$366,784	$257,781	$613,659	$109,003
2021	$352,484	$159,048	$524,068	$193,436

FRIENDS OF BOURNE COUNCIL ON AGING