THE JONNYCAKE CENTER OF WESTERLY INC (EIN 050367687) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

1977

Legal Domicile

Principal Officer

NICK CASTAGNA

Tax Period

2022-07-01 to 2023-06-30

THE JONNYCAKE CENTER OF WESTERLY INC, founded in 1977, is a community nonprofit in the Unknown sector that reported $2.3M in total revenue in fiscal year 2022. Expenses of $2.1M left a modest 10% surplus.

Mission

THE JONNYCAKE CENTER OF WESTERLY PROVIDES COMPREHENSIVE ASSISTANCE IN WESTERLY, CHARLESTOWN, RICHMOND AND HOPKINTON, RHODE ISLAND. THE SERVICES PROVIDED INCLUDE: FOOD, CLOTHING, HOUSEHOLD ITEMS, AS WELL AS, EDUCATIONAL AND FINANCIAL ASSISTANCE.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2022)

Revenue Breakdown

Contributions & Grants $1,240,897

Program Service Revenue $1,136,160

Investment Income $6,578

Other Revenue $-49,707

TOTAL REVENUE $2,333,928

Expense Breakdown

Grants Paid $646,234

Salaries & Benefits $1,126,535

Fundraising Expenses $118,541

Program Expenses $1,781,500

Other Expenses $335,700

TOTAL EXPENSES $2,108,469

Year-over-Year Comparison

	2022	2021	Change
Revenue	$2,333,928	$2,408,031	0.0%
Expenses	$2,108,469	$1,720,017	+0.2%
Net Income	$225,459	$688,014	-0.7%

Key Indicators

✗ Grants to Organizations ✓ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

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

$82,082

Total Directors

$82,082

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
LEE EASTBOURNE	EXECUTIVE DI	40.00	Officer Director	$82,082	$0	$82,082
BOB ARSENAULT	DIRECTOR	1.00	Director	$0	$0	$0
NICOLE BENOIT	DIRECTOR	1.00	Director	$0	$0	$0
LAUREN BURNAP	DIRECTOR	1.00	Director	$0	$0	$0
SUSAN CAROCARI	DIRECTOR	1.00	Director	$0	$0	$0
GARY FEDERICO	DIRECTOR	1.00	Director	$0	$0	$0
HILLARY FEDERICO	DIRECTOR	1.00	Director	$0	$0	$0
DANIEL GACCIONE	DIRECTOR	1.00	Director	$0	$0	$0
WADE JENSEN	DIRECTOR	1.00	Director	$0	$0	$0
CAL LORD	DIRECTOR	1.00	Director	$0	$0	$0
KEVIN LOWTHER	DIRECTOR	1.00	Director	$0	$0	$0
JAMES NOLAN	DIRECTOR	1.00	Director	$0	$0	$0
PAULETTE RETSINAS	DIRECTOR	1.00	Director	$0	$0	$0
SAMANTHA BAZYDLO	VICE PRESIDE	3.00	Officer	$0	$0	$0
NICK CASTAGNA	PRESIDENT	5.00	Officer	$0	$0	$0
COLLEEN KLUBERDANZ	TREASURER	3.00	Officer	$0	$0	$0
LEE-ANN KOZORA	SECRETARY	1.00	Officer	$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	No data	No data	No data	No data
2023	$2,333,928	$2,108,469	$4,313,289	$225,459
2022	$2,408,031	$1,720,017	$4,132,101	$688,014
2021	$1,922,441	$1,572,198	$2,794,132	$350,243
2020	$1,905,193	$1,530,210	$2,313,169	$374,983
2019	$1,664,289	$1,570,678	$1,882,706	$93,611
2018	$1,567,341	$1,473,801	$1,743,373	$93,540

THE JONNYCAKE CENTER OF WESTERLY INC