PAINE CASTLE INC (EIN 141470577) - 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

1931

Legal Domicile

Principal Officer

Jordan Allen

Tax Period

2020-01-01 to 2020-12-31

PAINE CASTLE INC, founded in 1931, is a micro nonprofit in the Mutual Benefit sector that reported $31K in total revenue in fiscal year 2020. Revenue fell 62% from the prior year — a significant decline worth monitoring. Expenses of $49K exceeded revenue, resulting in a 56% operating deficit.

Mission

To maintain ownership of the historic Paine Mansion at 49 2nd Street in Troy NY.

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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 (2020)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $31,060

Investment Income $0

Other Revenue $0

TOTAL REVENUE $31,060

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $48,535

Other Expenses $48,535

TOTAL EXPENSES $48,535

Year-over-Year Comparison

	2020	2019	Change
Revenue	$31,060	$80,767	-0.6%
Expenses	$48,535	$68,002	-0.3%
Net Income	$-17,475	$12,765	-2.4%

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
Paul Safran	Director	4	Director	$0	$0	$0
Gerald Sweeney	Director	4	Director	$0	$0	$0
Chris Garber	Director	4	Director	$0	$0	$0
Kevin VanSlyke	Director	4	Director	$0	$0	$0
Matt Griffin	Director	4	Director	$0	$0	$0
Shaun Newman	Director	4	Director	$0	$0	$0
George Macridis	Director	4	Director	$0	$0	$0
John Conover	Director	4	Director	$0	$0	$0
Jason Bowers	Director	4	Director	$0	$0	$0
David Murphy	Director	4	Director	$0	$0	$0
Shaun Peterson	Director	4	Director	$0	$0	$0
Jordan Allen	President	4	Officer Director	$0	$0	$0
Andrew Haslam	Treasurer	4	Officer Director	$0	$0	$0
Aaron Jevons	Member Liaison Officer	4	Officer Director	$0	$0	$0
Nathan Nardino	Secretary	4	Officer Director	$0	$0	$0
Ed Rebula	Facilities Manager	10	Officer Director	$0	$0	$0
Keith Gargiulo	Vice President	4	Officer 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
2020	$31,060	$48,535	$-13,196	$-17,475

PAINE CASTLE INC