GRAFTON REGIONAL DEVELOPMENT CORPORATION (EIN 043373604) - 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

1998

Legal Domicile

Principal Officer

JIM ALDEN

Phone

6035362011

Tax Period

2023-07-01 to 2024-06-30

GRAFTON REGIONAL DEVELOPMENT CORPORATION, founded in 1998, is a small nonprofit in the Community Improvement sector that reported $677K in total revenue in fiscal year 2023. Revenue grew 15% year-over-year, indicating healthy expansion. Net assets of $4.1M represent 72 months of operating reserves.

Mission

DEDICATED TO IMPROVING THE STANDARD OF LIVING IN GRAFTON COUNTY, NH BY CREATING & RETAINING EMPLOYMENT OPPORTUNITIES THROUGHOUT THE REGION.

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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 $351,404

Program Service Revenue $324,022

Investment Income $1,608

Other Revenue $0

TOTAL REVENUE $677,034

Expense Breakdown

Grants Paid $0

Salaries & Benefits $327,766

Fundraising Expenses $10,996

Program Expenses $498,185

Other Expenses $404,147

TOTAL EXPENSES $731,913

Year-over-Year Comparison

	2023	2022	Change
Revenue	$677,034	$588,144	+0.2%
Expenses	$731,913	$706,545	+0.0%
Net Income	$-54,879	$-118,401	-0.5%

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

$88,992

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
ANNE DUNCAN COOLEY	CEO	40.00	Officer	$88,992	$0	$88,992
JIM ALDEN	PRESIDENT	2.00	Officer Director	$0	$0	$0
TIM CORWIN	DIRECTOR	1.00	Director	$0	$0	$0
MATT GRIFFIN	DIRECTOR	1.00	Director	$0	$0	$0
HARRISON KANZLER	VICE CHAIR	2.00	Officer Director	$0	$0	$0
PATTY MONAHAN	DIRECTOR	1.00	Director	$0	$0	$0
KIM ROBINSON	TREASURER	2.00	Officer Director	$0	$0	$0
SARAH RUBURY	SECRETARY	2.00	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
2025	No data	No data	No data	No data
2024	$677,034	$731,913	$5,118,920	$-54,879
2023	$588,144	$706,545	$4,856,012	$-118,401
2022	$573,300	$572,083	$4,974,864	$1,217
2021	$715,339	$579,138	$5,024,743	$136,201
2020	$418,608	$601,064	$4,912,481	$-182,456
2019	$468,235	$503,949	$5,126,579	$-35,714
2018	$467,859	$489,480	$5,190,730	$-21,621

GRAFTON REGIONAL DEVELOPMENT CORPORATION