Riverhead Central Faculty Association Benefit Trust Fund (EIN 113614230) - 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

2001

Legal Domicile

Principal Officer

GREGORY WALLACE

Phone

6317272262

Tax Period

2024-07-01 to 2025-06-30

Riverhead Central Faculty Association Benefit Trust Fund, founded in 2001, is a community nonprofit in the Mutual Benefit sector that reported $1.0M in total revenue in fiscal year 2024. Expenses of $884K left a modest 13% surplus.

Mission

To provide benefits to eligible members of the Riverhead Central Faculty Association.

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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 $0

Program Service Revenue $907,005

Investment Income $108,720

Other Revenue $0

TOTAL REVENUE $1,015,725

Expense Breakdown

Grants Paid $0

Salaries & Benefits $30,500

Fundraising Expenses $0

Other Expenses $86,338

TOTAL EXPENSES $883,533

Year-over-Year Comparison

	2024	2023	Change
Revenue	$1,015,725	$966,189	+0.1%
Expenses	$883,533	$863,931	+0.0%
Net Income	$132,192	$102,258	+0.3%

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

N/A

Employees

N/A

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

Total Directors

$77,296

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Gregory Wallace	Chairman	10.00	Director	$12,000	$0	$34,724
Robert Brandi	Treasurer	10.00	Director	$10,000	$0	$16,299
Jenn Simoes	Trustee	2.00	Director	$2,750	$0	$12,474
Marisa Deserio	Trustee	2.00	Director	$2,750	$0	$10,799
Alyson Grossman	Trustee	2.00	Director	$3,000	$0	$3,000

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	$1,015,725	$883,533	$1,820,383	$132,192
2024	No data	No data	No data	No data
2023	$881,139	$739,830	$1,566,973	$141,309
2022	$807,316	$673,929	$1,469,324	$133,387
2021	$725,457	$692,549	$1,438,316	$32,908
2020	$671,083	$663,108	$1,306,827	$7,975
2019	$731,683	$797,962	$1,300,013	$-66,279
2018	$691,125	$775,688	$1,336,107	$-84,563

Riverhead Central Faculty Association Benefit Trust Fund