FRIENDS OF VALLEY FALLS INC (EIN 061260706) - 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

1972

Legal Domicile

Tax Period

2023-07-01 to 2024-06-30

FRIENDS OF VALLEY FALLS INC, founded in 1972, is a micro nonprofit in the Recreation & Sports sector that reported $46K in total revenue in fiscal year 2023. Revenue fell 53% from the prior year — a significant decline worth monitoring. Expenses of $54K exceeded revenue, resulting in a 17% operating deficit.

Mission

The mission of the Friends of Valley Falls Inc. organization is be the responsible owners of the Valley Falls Farm and to promote the betterment of the Valley Falls Park. The organization carries out this mission through careful stewardship of their lands and buildings conservation of their resources and through outreach to the community.

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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 $22,476

Program Service Revenue $560

Investment Income $677

Other Revenue $22,297

TOTAL REVENUE $46,010

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $1,134

Program Expenses $45,360

Other Expenses $53,863

TOTAL EXPENSES $53,863

Year-over-Year Comparison

	2023	2022	Change
Revenue	$46,010	$98,516	-0.5%
Expenses	$53,863	$79,984	-0.3%
Net Income	$-7,853	$18,532	-1.4%

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Lynn Lusardi	Director	3.50	Director	$0	$0	$0
Ann Letendre	Director	20.00	Director	$0	$0	$0
Bruce Dinnie	Director	1.50	Director	$0	$0	$0
William Darico	Director	1.50	Director	$0	$0	$0
Jane Darico	Director	0.00	Director	$0	$0	$0
Maryann Levesque	President	25.00	Officer	$0	$0	$0
Open Position	Vice President	0.00	Officer	$0	$0	$0
Nancy Steffens	Secretary	10.00	Officer	$0	$0	$0
Robert Letendre	Treasurer	15.00	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	$46,010	$53,863	$691,854	$-7,853
2023	$98,516	$79,984	$698,732	$18,532
2022	$49,310	$82,997	$681,074	$-33,687
2021	$98,270	$46,573	$714,761	$51,697
2020	$338,205	$40,676	$662,189	$297,529

FRIENDS OF VALLEY FALLS INC