MECHANICS HALL CORPORATION (EIN 043410521) - 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

GERMAINE VIGEANT-TRUDEL

Phone

9784590551

Tax Period

2021-07-01 to 2022-06-30

MECHANICS HALL CORPORATION, founded in 1998, is a small nonprofit that reported $136K in total revenue in fiscal year 2021. Revenue surged 47% from the prior year, signaling strong growth momentum. Expenses of $230K exceeded revenue, resulting in a 69% operating deficit.

Mission

TO HOLD TITLE TO AND COLLECT ANY INCOME FROM THE MECHANICS HALL BUILDING AND ANY OTHER REAL PROPERTY HEREAFTER ACQUIRED AND REMIT THE ENTIRE AMOUNT OF INCOME THEREFROM TO COMMUNITY TEAMWORK, INC. (A NON-PROFIT ORGANIZATION).

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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 (2021)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $136,471

Investment Income $27

Other Revenue $0

TOTAL REVENUE $136,498

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $205,009

Other Expenses $230,466

TOTAL EXPENSES $230,466

Year-over-Year Comparison

	2021	2020	Change
Revenue	$136,498	$93,016	+0.5%
Expenses	$230,466	$146,525	+0.6%
Net Income	$-93,968	$-53,509	+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

N/A

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

$305,165

Total Directors

$305,165

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
GERMAINE VIGEANT-TRUDEL	PRESIDENT	1.00	Officer Director	$0	$0	$0
WILLIAM LIPCHITZ	TREASURER	1.00	Officer Director	$0	$5,030	$102,514
KAREN FREDERICK	CLERK	1.00	Officer Director	$0	$17,810	$202,651
MARIE SWEENEY	DIRECTOR	1.00	Director	$0	$0	$0
GLENN GOLDMAN	DIRECTOR	1.00	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
2022	$136,498	$230,466	$521,906	$-93,968

MECHANICS HALL CORPORATION