The Bannermans Castle Trust Inc

🔒

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

1994

Legal Domicile

Principal Officer

Neil Caplan

Phone

8452343204

Tax Period

2023-01-01 to 2023-12-31

The Bannermans Castle Trust Inc, founded in 1994, is a small nonprofit in the Arts, Culture & Humanities sector that reported $752K in total revenue in fiscal year 2023.

Mission

WORK WITH NEW YORK STATE OFFICE OF PARKS, RECREATION AND HISTORIC PRESERVATION (NYSOPRHP) AS A FRIENDS ORGANIZATION. PROMOTE AWARENESS OF HISTORIC SITE. STABILIZE AND PRESERVE STRUCTURES

Program Service Accomplishments

Program 1

Expenses: $634,083

HISTORIC SITE TOURS ON ISLAND - UNDER PERMISSION AND A CONTRACT WITH NYSOPRHP, TOURS ARE CONDUCTED FOR THE PUBLIC. TOURS ARE LEAD BY PAID STAFF AND BY VOLUNTEERS, USING THE ORGANIZATION'S VESSEL WITH PAID CAPTAIN AND CREW. KAYAK TOURS ARE CONDUCTED BY LOCAL COMPANIES AND LEAD BY THE ORGANIZATION'S GUIDES. THERE ARE ALSO SPECIAL EVENT TOURS INCLUDING MOVIES AND THEATER. TOURS TAKE PLACE BETWEEN MAY AND OCTOBER

🔒

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 (2023)

Revenue Breakdown

Contributions & Grants $116,399

Program Service Revenue $544,013

Investment Income $4,126

Other Revenue $86,965

TOTAL REVENUE $751,503

Expense Breakdown

Grants Paid $0

Salaries & Benefits $410,891

Fundraising Expenses $64,563

Program Expenses $634,083

Other Expenses $352,552

TOTAL EXPENSES $763,443

Year-over-Year Comparison

	2023	2022	Change
Revenue	$751,503	$763,783	0.0%
Expenses	$763,443	$550,634	+0.4%
Net Income	$-11,940	$213,149	-1.1%

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

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

$67,660

Key Employees

Highest Compensated

reported

Name	Title	Role	Reportable Comp	Other Comp	Total
Neil Caplan	Executive Dir.	Director	$67,660	$0	$67,660
John Lanc	Director	Director	$0	$0	$0
Dr John Wolback	Director	Director	$0	$0	$0
Mark Adams	Director	Director	$0	$0	$0
Leonard Warner	President	Officer	$0	$0	$0
John Atherton	Secretary	Officer	$0	$0	$0
Susan Andersen	Treasurer	Officer	$0	$0	$0
Barbara Gottlock	Director	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
2024	No data	No data	No data	No data
2023	$751,503	$763,443	$1,019,023	$-11,940
2022	$763,783	$550,633	$965,479	$213,150
2021	$634,462	$389,790	$767,028	$244,672
2020	$390,246	$349,391	$527,622	$40,855