MARBLEHEAD FOOD PANTRY INC

EIN: 043276552 501(c)(3) Food, Agriculture & Nutrition

MARBLEHEAD, MA

Total Revenue
$96,164
Total Expenses
$124,285
Total Assets
$198,285
Net Assets
$198,285
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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
2000
Legal Domicile
MA
Principal Officer
MARCY SCHWAN
Phone
7816315335
Tax Period
2022-01-01 to 2022-12-31

MARBLEHEAD FOOD PANTRY INC, founded in 2000, is a micro nonprofit in the Food, Agriculture & Nutrition sector that reported $96K in total revenue in fiscal year 2022. Revenue fell 49% from the prior year — a significant decline worth monitoring. Expenses of $124K exceeded revenue, resulting in a 29% operating deficit.

Mission

THE MARBLEHEAD FOOD PANTRY PROVIDES BASIC GROCERIES AND OTHER HOUSEHOLD NEEDS TO ANYONE WHO LIVES IN MARBLEHEAD.

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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 (2022)

Revenue Breakdown

Contributions & Grants $96,017
Program Service Revenue $0
Investment Income $147
Other Revenue $0
TOTAL REVENUE $96,164

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $124,285
Other Expenses $124,285
TOTAL EXPENSES $124,285

Year-over-Year Comparison

2022 2021 Change
Revenue $96,164 $187,663 -0.5%
Expenses $124,285 $112,329 +0.1%
Net Income $-28,121 $75,334 -1.4%
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

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Governance

Voting Members
3
Independent Members
3
Employees
N/A
Volunteers
3

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
0
$0
Total Directors
3
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JANET FITCH PARKER PRESIDENT 40.00
Director
$0 $0 $0
JAMES CARNEY TREASRER 5.00
Director
$0 $0 $0
JUDITH SALISBURY CLERK 2.00
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 No data No data No data No data
2022 $96,164 $124,285 $198,285 $-28,121
2022 $110,803 $92,184 $245,025 $18,619
2021 $187,663 $112,329 $226,406 $75,334
2020 $186,459 $92,703 $151,072 $93,756
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