SIASCONSET BEACH PRESERVATION FUND INC (EIN 043212914) - 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

1993

Legal Domicile

Principal Officer

JOSHUA POSNER

Phone

6175493232

Tax Period

2023-01-01 to 2023-12-31

SIASCONSET BEACH PRESERVATION FUND INC, founded in 1993, is a small nonprofit in the Environment sector that reported $875K in total revenue in fiscal year 2023. Revenue surged 35% from the prior year, signaling strong growth momentum. The organization ran a surplus of $236K, a strong 27% operating margin.

Mission

TO PRESERVE AND MAINTAIN SIASCONSET BEACH IN NANTUCKET, MA.

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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 (2023)

Revenue Breakdown

Contributions & Grants $808,213

Program Service Revenue $0

Investment Income $14

Other Revenue $66,338

TOTAL REVENUE $874,565

Expense Breakdown

Grants Paid $0

Salaries & Benefits $18,985

Fundraising Expenses $3,797

Program Expenses $572,867

Other Expenses $619,096

TOTAL EXPENSES $638,081

Year-over-Year Comparison

	2023	2022	Change
Revenue	$874,565	$645,662	+0.4%
Expenses	$638,081	$2,699,979	-0.8%
Net Income	$236,484	$-2,054,317	-1.1%

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

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
JOSHUA POSNER	PRESIDENT	18.00	Officer Director	$0	$0	$0
F HELMUT WEYMAR	VICE PRESIDENT/TREASURER	7.00	Officer Director	$0	$0	$0
DOUGLAS HENDRICKSON	VICE PRESIDENT	0.10	Officer Director	$0	$0	$0
KERMIT ROOSEVELT	CLERK	1.00	Officer Director	$0	$0	$0
ALBERT E LUSSIER JR	TRUSTEE	0.10	Director	$0	$0	$0
JOHN OSBORN	TRUSTEE	0.10	Director	$0	$0	$0
BRUCE RITTER	TRUSTEE	0.10	Director	$0	$0	$0
ELIZABETH SINGER	TRUSTEE	0.10	Director	$0	$0	$0
THOMAS TUTTLE	TRUSTEE	2.00	Director	$0	$0	$0
MERIDITH MOLDENHAUER	TRUSTEE	0.10	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
2024	No data	No data	No data	No data
2023	$874,565	$638,081	$3,754,366	$236,484
2022	$645,662	$2,699,979	$4,125,048	$-2,054,317
2021	$2,648,884	$1,660,279	$4,655,544	$988,605
2020	$1,111,868	$1,547,258	$4,251,529	$-435,390
2019	$1,025,168	$1,723,036	$4,552,548	$-697,868
2018	$1,413,155	$2,100,957	$4,900,701	$-687,802

SIASCONSET BEACH PRESERVATION FUND INC