COMMUNITY FOUNDATION FOR NANTUCKET INC

EIN: 134316755 501(c)(3) Philanthropy & Grantmaking

NANTUCKET, MA

Total Revenue
$7,152,921
Total Expenses
$5,987,477
Total Assets
$29,567,016
Net Assets
$29,231,165
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2005
Legal Domicile
MA
Principal Officer
MELISSA PHILBRICK
Phone
5088259993
Tax Period
2024-01-01 to 2024-12-31

COMMUNITY FOUNDATION FOR NANTUCKET INC, founded in 2005, is a community nonprofit in the Philanthropy & Grantmaking sector that reported $7.2M in total revenue in fiscal year 2024. The organization ran a surplus of $1.2M, a strong 16% operating margin.

Mission

OUR MISSION IS TO STRENGTHEN NANTUCKET NOW AND FOR FUTURE GENERATIONS THROUGH INFORMED PHILANTHROPY AND COMMUNITY LEADERSHIP.

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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%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $5,770,790
Program Service Revenue $0
Investment Income $1,382,131
Other Revenue $0
TOTAL REVENUE $7,152,921

Expense Breakdown

Grants Paid $4,547,818
Salaries & Benefits $478,261
Fundraising Expenses $233,104
Program Expenses $5,189,801
Other Expenses $961,398
TOTAL EXPENSES $5,987,477

Year-over-Year Comparison

2024 2023 Change
Revenue $7,152,921 $6,964,101 +0.0%
Expenses $5,987,477 $6,110,431 0.0%
Net Income $1,165,444 $853,670 +0.4%
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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Governance

Voting Members
19
Independent Members
19
Employees
6
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
5
$171,835
Total Directors
24
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
SUNNY DAILY EXECUTIVE DI 40.00
Officer
$152,338 $19,497 $171,835
MELISSA PHILBRICK PRESIDENT 10.00
Officer Director
$0 $0 $0
MICHAEL COZORT VICE PREISDE 5.00
Officer Director
$0 $0 $0
LISA BOTTICELLI SECRETARY 1.00
Officer Director
$0 $0 $0
THOMAS J ANATHAN TREASURER 5.00
Officer Director
$0 $0 $0
GEORGINE ANTON TRUSTEE 1.00
Director
$0 $0 $0
FRANK ANTON TRUSTEE 1.00
Director
$0 $0 $0
JAMIE FOSTER TRUSTEE 1.00
Director
$0 $0 $0
PAMMY BROOKS GRIFFIN TRUSTEE 1.00
Director
$0 $0 $0
RACHEL HOBART TRUSTEE 1.00
Director
$0 $0 $0
ELLEN HOEFFEL TRUSTEE 1.00
Director
$0 $0 $0
WENDY HUDSON TRUSTEE 1.00
Director
$0 $0 $0
DAVID JOHNSON TRUSTEE 1.00
Director
$0 $0 $0
DOUG KEPPLE TRUSTEE 1.00
Director
$0 $0 $0
RACHEL MANDLE TRUSTEE 1.00
Director
$0 $0 $0
RICHARD PHILLIPS TRUSTEE 1.00
Director
$0 $0 $0
MARTHA POLACHI TRUSTEE 1.00
Director
$0 $0 $0
MAGDALENA REID TRUSTEE 1.00
Director
$0 $0 $0
ROBERTO SANTAMARIA TRUSTEE 1.00
Director
$0 $0 $0
GEOFF VERNEY TRUSTEE 1.00
Director
$0 $0 $0
MAX WOLF TRUSTEE 1.00
Director
$0 $0 $0
CHRIS VINEIS TRUSTEE 1.00
Director
$0 $0 $0
FINN WENTWORTH TRUSTEE 1.00
Director
$0 $0 $0
JOSEPH WRIGHT TRUSTEE 1.00
Director
$0 $0 $0
MARC A FEIGN TRUSTEE 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 $7,152,921 $5,987,477 $29,567,016 $1,165,444
2023 $6,964,101 $6,110,431 $27,172,215 $853,670
2022 $13,013,280 $4,747,665 $24,543,363 $8,265,615
2021 $10,044,022 $3,999,979 $23,192,245 $6,044,043
2020 $8,280,580 $5,958,439 $16,903,069 $2,322,141
2019 $6,571,811 $2,972,617 $14,271,532 $3,599,194
2018 $4,991,849 $3,837,752 $9,106,657 $1,154,097
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