BRADLEY HENRY BARNES AND LEILA BARNES MEMORIAL TRUST C/O MAIN STREET COMMUNITY (EIN 066160463) - 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

1973

Legal Domicile

Principal Officer

SUSAN SADECKI

Phone

8605836363

Tax Period

2023-01-01 to 2023-12-31

BRADLEY HENRY BARNES AND LEILA BARNES MEMORIAL TRUST C/O MAIN STREET COMMUNITY, founded in 1973, is a small nonprofit that reported $889K in total revenue in fiscal year 2023. Revenue fell 40% from the prior year — a significant decline worth monitoring. Expenses of $1.2M exceeded revenue, resulting in a 35% operating deficit.

Mission

TO SUPPORT THE CHARITABLE ACTIVITIES OF THE MAIN STREET COMMUNITY FOUNDATION BY IMPROVING THE HEALTH, MEDICAL CARE AND WELLNESS OF THE SOUTHINGTON, CT 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 $0

Program Service Revenue $0

Investment Income $828,393

Other Revenue $60,125

TOTAL REVENUE $888,518

Expense Breakdown

Grants Paid $908,636

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $1,017,729

Other Expenses $288,464

TOTAL EXPENSES $1,197,100

Year-over-Year Comparison

	2023	2022	Change
Revenue	$888,518	$1,492,172	-0.4%
Expenses	$1,197,100	$1,197,374	0.0%
Net Income	$-308,582	$294,798	-2.0%

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

120

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

$187,703

Total Directors

$187,703

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
SUSAN SADECKI	PRESIDENT & CEO	2.00	Officer Director	$0	$8,798	$187,703
SCOTT FOURNIER	CHAIR OF THE BOARD	1.00	Officer Director	$0	$0	$0
DANIEL J DAIGLE	VICE CHAIR	1.00	Officer Director	$0	$0	$0
WILLIAM R MICARI	TREASURER	1.00	Officer Director	$0	$0	$0
KATHRYN C REINHARD	SECRETARY	1.00	Officer Director	$0	$0	$0
MARGUERITE P FLETCHER	PAST CHAIR OF THE BOARD	1.00	Officer Director	$0	$0	$0
MEGAN E ALBANESE	DIRECTOR	1.00	Director	$0	$0	$0
JARRE B BETTS	DIRECTOR	1.00	Director	$0	$0	$0
KYLE S BIDDICK	DIRECTOR	1.00	Director	$0	$0	$0
BRENT DAVENPORT	DIRECTOR	1.00	Director	$0	$0	$0
VIRGINIA FITZGERALD	DIRECTOR	1.00	Director	$0	$0	$0
ANDREA LANESE	DIRECTOR	1.00	Director	$0	$0	$0
MARK MALLEY	DIRECTOR	1.00	Director	$0	$0	$0
MARK MORIARTY	DIRECTOR	1.00	Director	$0	$0	$0
JENNIFER O'CONNOR	DIRECTOR	1.00	Director	$0	$0	$0
SUZANNE M PASSINI	DIRECTOR	1.00	Director	$0	$0	$0
JOHN D SCARRITT	DIRECTOR	1.00	Director	$0	$0	$0
MICHAEL F SWEENEY	DIRECTOR	1.00	Director	$0	$0	$0
ANDREA WASLEY	DIRECTOR	1.00	Director	$0	$0	$0
REBECCA B ZAPPONE	DIRECTOR	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
2025	No data	No data	No data	No data
2024	No data	No data	No data	No data
2023	$888,518	$1,197,100	$21,112,850	$-308,582
2022	$1,492,172	$1,197,374	$19,640,333	$294,798
2021	$2,009,119	$1,191,487	$23,979,035	$817,632
2020	$1,236,128	$1,142,873	$22,103,742	$93,255
2019	$969,342	$1,115,377	$21,126,645	$-146,035
2018	$1,496,835	$996,743	$18,407,708	$500,092

BRADLEY HENRY BARNES AND LEILA BARNES MEMORIAL TRUST C/O MAIN STREET COMMUNITY