WINDHAM ENDOWMENT FOR COMMUNITY ADVANCEMENT

EIN: 043805878 501(c)(3) Philanthropy & Grantmaking

WINDHAM, NH

Total Revenue
$54,633
Total Expenses
$65,940
Total Assets
$513,719
Net Assets
$513,555
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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
2006
Legal Domicile
NH
Principal Officer
DIANE CARPENTER
Phone
6034370686
Tax Period
2024-01-01 to 2024-12-31

WINDHAM ENDOWMENT FOR COMMUNITY ADVANCEMENT, founded in 2006, is a micro nonprofit in the Philanthropy & Grantmaking sector that reported $55K in total revenue in fiscal year 2024. Expenses of $66K exceeded revenue, resulting in a 21% operating deficit.

Mission

THE WINDHAM ENDOWMENT FOR COMMUNITY ADVANCEMENT IS A NON-PROFIT COMMUNITY FOUNDATION CREATED TO ENHANCE THE QUALITY OF LIFE FOR ALL WINDHAM RESIDENTS, NOW AND FOR GENERATIONS TO COME. THE ENDOWMENT PROVIDES A WAY FOR INDIVIDUALS, ORGANIZATIONS, AND CORPORATIONS TO CHANNEL THEIR PHILANTHROPIC GIVING FOR EDUCATIONAL, CULTURAL, RECREATIONAL OR ENVIRONMENTAL INITIATIVES WITHIN THE TOWN.

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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 (2024)

Revenue Breakdown

Contributions & Grants $36,873
Program Service Revenue $0
Investment Income $17,760
Other Revenue $0
TOTAL REVENUE $54,633

Expense Breakdown

Grants Paid $50,478
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $50,478
Other Expenses $15,462
TOTAL EXPENSES $65,940

Year-over-Year Comparison

2024 2023 Change
Revenue $54,633 $52,954 +0.0%
Expenses $65,940 $38,487 +0.7%
Net Income $-11,307 $14,467 -1.8%
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

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Liquidity & Cash Position

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Governance

Voting Members
17
Independent Members
17
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
4
$0
Total Directors
17
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
PETER GRIFFIN BOARD MEMBER 0.00
Director
$0 $0 $0
ROSE-LYNN ARMSTRONG EXECUTIVE COMMITTE MEMBER 1.00
Officer Director
$0 $0 $0
JASON GILL BOARD MEMBER 0.00
Director
$0 $0 $0
KATHLEEN DIFRUSCIA BOARD MEMBER 0.00
Director
$0 $0 $0
BEVERLY DONOVAN BOARD MEMBER EMERITUS 0.00
Director
$0 $0 $0
THOMAS BARSTOW EXECUTIVE COMMITTE MEMBER 7.00
Director
$0 $0 $0
DONNA MOLLICA EXECUTIVE COMMITTE MEMBER 1.00
Director
$0 $0 $0
TIMOTHY SKWIOT EXECUTIVE COMMITTE MEMBER 1.00
Director
$0 $0 $0
REBECCA ZACHAS SECRETARY 0.00
Director
$0 $0 $0
MARYANN MADORE EXECUTIVE COMMITTEE MEMBER 1.00
Director
$0 $0 $0
DIANE CARPENTER PRESIDENT 13.00
Officer Director
$0 $0 $0
JENNIFER KNIGHT EXECUTIVE COMMITTE MEMBER 5.00
Director
$0 $0 $0
ROBERT COOLE VICE PRESIDENT 1.00
Officer Director
$0 $0 $0
ANNE MARINO BOARD MEMBER 6.00
Director
$0 $0 $0
LAUREL MCCLAIN TREASURER 4.00
Officer Director
$0 $0 $0
STEPHANIE LOHRET EXECUTIVE COMMITTEE MEMBER 1.00
Director
$0 $0 $0
SHELLEY WALCOTT BOARD MEMBER 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
2024 $54,633 $65,940 $513,719 $-11,307
2023 $52,954 $38,487 $492,226 $14,467
2022 $77,456 $45,309 $453,222 $32,147
2021 $136,937 $57,878 $431,381 $79,059
2019 $83,702 $48,079 $318,390 $35,623
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