CITY OF QUINCY CHRISTMAS FESTIVAL COMMITTEE INC (EIN 043249190) - 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

1995

Legal Domicile

Principal Officer

KRISTEN POWERS

Phone

6172160716

Tax Period

2022-07-01 to 2023-06-30

CITY OF QUINCY CHRISTMAS FESTIVAL COMMITTEE INC, founded in 1995, is a small nonprofit in the Recreation & Sports sector that reported $282K in total revenue in fiscal year 2022. Expenses of $365K exceeded revenue, resulting in a 30% operating deficit.

Mission

THE COMMITTEE MANAGES AND PROMOTES THE CITY OF QUINCY CHRISTMAS FESTIVAL INCLUDING THE CHRISTMAS PARADE, TREE LIGHTING CEREMONY, SANTA'S ARRIVAL, AS WELL AS OTHER ANCILLARY ACTIVITIES WITHIN THE CITY.

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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 $209,380

Program Service Revenue $0

Investment Income $0

Other Revenue $72,347

TOTAL REVENUE $281,727

Expense Breakdown

Grants Paid $44,740

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $361,083

Other Expenses $320,203

TOTAL EXPENSES $364,943

Year-over-Year Comparison

	2022	2021	Change
Revenue	$281,727	$280,850	+0.0%
Expenses	$364,943	$339,041	+0.1%
Net Income	$-83,216	$-58,191	+0.4%

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

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
PAUL DOHERTY	PRESIDENT	10.00	Officer Director	$0	$0	$0
KRISTEN POWERS	VICE-PRESIDENT	10.00	Officer Director	$0	$0	$0
ROBYN DUNPHY	TREASURER	10.00	Officer Director	$0	$0	$0
BARRY WELCH	CLERK	10.00	Officer 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	$281,727	$364,943	$5,154	$-83,216
2022	$280,850	$339,041	$61,870	$-58,191
2021	$256,920	$357,462	$104,561	$-100,542
2020	$429,949	$331,190	$175,603	$98,759
2018	$278,375	$240,215	$56,333	$38,160

CITY OF QUINCY CHRISTMAS FESTIVAL COMMITTEE INC