THE CORN HILL WATERFRONT & NAVIGATION FOUNDATION (EIN 161388214) - Form 990 Financial Analysis & Trantor Score

🔒

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

1990

Legal Domicile

Principal Officer

PATRICK RUSSELL-WALSH

Phone

5856625748

Tax Period

2025-01-01 to 2025-03-31

THE CORN HILL WATERFRONT & NAVIGATION FOUNDATION, founded in 1990, is a micro nonprofit that reported $43K in total revenue in fiscal year 2024. Revenue fell 95% from the prior year — a significant decline worth monitoring. Expenses of $96K exceeded revenue, resulting in a 121% operating deficit.

Mission

TO FOSTER THE IMPROVEMENT AND SUSTAINABILITY OF THE ERIE CANAL AND GENESEE RIVER.

🔒

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 (2024)

Revenue Breakdown

Contributions & Grants $42,834

Program Service Revenue $381

Investment Income $0

Other Revenue $200

TOTAL REVENUE $43,415

Expense Breakdown

Grants Paid $0

Salaries & Benefits $47,256

Fundraising Expenses $7,906

Program Expenses $34,907

Other Expenses $48,862

TOTAL EXPENSES $96,118

Year-over-Year Comparison

	2024	2023	Change
Revenue	$43,415	$867,235	-0.9%
Expenses	$96,118	$689,948	-0.9%
Net Income	$-52,703	$177,287	-1.3%

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

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
ASHLEY FICO	DIRECTOR	2.00	Director	$0	$0	$0
PATRICIA DONOGHUE	SECRETARY	5.00	Officer Director	$0	$0	$0
LISA WING	CHAIR	20.00	Officer Director	$0	$0	$0
THOMAS HACK	TREASURER	5.00	Officer Director	$0	$0	$0
JULIA CURTIS	VICE CHAIR	3.00	Officer Director	$0	$0	$0
FRANCES GOTCSIK	DIRECTOR	4.00	Director	$0	$0	$0
ROGER BROWN	DIRECTOR	3.00	Director	$0	$0	$0
LYNN BUEHLMAN	DIRECTOR	2.00	Director	$0	$0	$0
KIM CREVELLING	DIRECTOR	4.00	Director	$0	$0	$0
DAVID CARPENTER	VICE CHAIR	4.00	Officer Director	$0	$0	$0
SANDRA SIMPSON	DIRECTOR	2.00	Director	$0	$0	$0
HENRY MCCARTNEY	DIRECTOR	2.00	Director	$0	$0	$0
FREDERIC FOLSOM	DIRECTOR	3.00	Director	$0	$0	$0
PATRICK RUSSELL-WALSH	EXECUTIVE DIRECTOR	40.00	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
2025	$43,415	$96,118	$884,686	$-52,703
2024	$867,235	$689,948	$962,756	$177,287
2023	$529,116	$688,804	$780,569	$-159,688
2022	$665,356	$422,504	$769,867	$242,852
2021	$364,516	$273,255	$340,333	$91,261
2020	$136,636	$231,295	$251,365	$-94,659
2019	$290,746	$228,827	$233,795	$61,919
2018	$287,292	$211,287	$176,992	$76,005

THE CORN HILL WATERFRONT & NAVIGATION FOUNDATION