FORT ADAMS TRUST INC (EIN 050475756) - 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

1994

Legal Domicile

Phone

4018410707

Tax Period

2024-01-01 to 2024-12-31

FORT ADAMS TRUST INC, founded in 1994, is a community nonprofit in the Arts, Culture & Humanities sector that reported $1.3M in total revenue in fiscal year 2024. Revenue grew 14% year-over-year, indicating healthy expansion. Expenses of $1.2M left a modest 8% surplus.

Mission

DIRECTING AND SUPPORTING THE RESTORATION, OPERATION AND MAINTENANCE OF THE NATIONAL HISTORIC LANDMARK FORT ADAMS AS A HISTORICAL SITE FOR PUBLIC BENEFIT.

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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 (2024)

Revenue Breakdown

Contributions & Grants $569,700

Program Service Revenue $710,532

Investment Income $69,487

Other Revenue $-41,908

TOTAL REVENUE $1,307,811

Expense Breakdown

Grants Paid $0

Salaries & Benefits $520,494

Fundraising Expenses $105,329

Program Expenses $924,001

Other Expenses $680,564

TOTAL EXPENSES $1,201,058

Year-over-Year Comparison

	2024	2023	Change
Revenue	$1,307,811	$1,150,524	+0.1%
Expenses	$1,201,058	$1,130,009	+0.1%
Net Income	$106,753	$20,515	+4.2%

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

$52,038

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
REGAN MINER	EXECUTIVE DIRECTOR	40.00	Officer	$52,038	$0	$52,038
ATKINS MARYELLEN	DIRECTOR	3.00	Director	$0	$0	$0
CERINO ANTHONY	DIRECTOR	3.00	Director	$0	$0	$0
LALLI GINA	DIRECTOR	3.00	Director	$0	$0	$0
MAHONEY WILLIAM	DIRECTOR	3.00	Director	$0	$0	$0
MANVILLE KEITH	DIRECTOR	3.00	Director	$0	$0	$0
MARION III JOSEPH	DIRECTOR	3.00	Director	$0	$0	$0
MATARESE DAVE	DIRECTOR	3.00	Director	$0	$0	$0
MCMULLEN DAVID	DIRECTOR	3.00	Director	$0	$0	$0
PUTNEY PATRICIA	DIRECTOR	3.00	Director	$0	$0	$0
QUINN ANN-MARIE	DIRECTOR	3.00	Director	$0	$0	$0
RICHARDS CAROLINE	DIRECTOR	3.00	Director	$0	$0	$0
ROSENBERG JOSHUA	DIRECTOR	3.00	Director	$0	$0	$0
TITUS DANIEL	PAST PRESIDENT	3.00	Officer Director	$0	$0	$0
MARSHALL PAUL	PRESIDENT	15.00	Officer Director	$0	$0	$0
GREICHAN MAUREEN	VICE PRESIDENT	3.00	Officer Director	$0	$0	$0
HADFIELD MATT	SECRETARY	3.00	Officer Director	$0	$0	$0
RAY LEILA	TREASURER	3.00	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
2024	$1,307,811	$1,201,058	$1,422,385	$106,753
2023	$1,150,524	$1,130,009	$1,565,523	$20,515
2022	$1,115,382	$1,443,207	$1,465,996	$-327,825
2021	$1,343,928	$1,365,094	$1,609,265	$-21,166
2020	$811,753	$810,992	$1,646,968	$761

FORT ADAMS TRUST INC