FINGER LAKES AREA COMMUNITY ENDOWMENT (EIN 161467675) - 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

1994

Legal Domicile

Principal Officer

GEORGE W HAMLIN IV

Phone

5853944260

Tax Period

2023-01-01 to 2023-12-31

FINGER LAKES AREA COMMUNITY ENDOWMENT, founded in 1994, is a community nonprofit in the Philanthropy & Grantmaking sector that reported $4.6M in total revenue in fiscal year 2023. Net assets of $20.3M represent 53 months of operating reserves.

Mission

AREA PHILANTHROPIC SUPPORT.

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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 $3,212,963

Program Service Revenue $0

Investment Income $1,349,421

Other Revenue $0

TOTAL REVENUE $4,562,384

Expense Breakdown

Grants Paid $4,708,149

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $4,708,149

Other Expenses $62,218

TOTAL EXPENSES $4,770,367

Year-over-Year Comparison

	2023	2022	Change
Revenue	$4,562,384	$4,726,079	0.0%
Expenses	$4,770,367	$5,251,549	-0.1%
Net Income	$-207,983	$-525,470	-0.6%

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

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
GEORGE W HAMLIN IV	ADVISORY BOARD	1.00	Director	$0	$0	$0
FRANK HAMLIN	ADVISORY BOARD	1.00	Director	$0	$0	$0
RUSS KENYON	ADVISORY BOARD	1.00	Director	$0	$0	$0
DEBORAH CULETON	ADVISORY BOARD	1.00	Director	$0	$0	$0
GINNY RYAN	ADVISORY BOARD	1.00	Director	$0	$0	$0
MICHAEL STONE	ADVISORY BOARD	1.00	Director	$0	$0	$0
RITA NISCHAL ESQ	INSTITUTIONAL TRUSTEE	1.00	Director	$0	$0	$0
KIRSTEN JOHNSON	INSTITUTIONAL TRUSTEE	1.00	Director	$0	$0	$0
SCOTT TRUMBOWER	INSTITUTIONAL TRUSTEE	1.00	Director	$0	$0	$0
BOWEE CLARK	INSTITUTIONAL TRUSTEE	1.00	Director	$0	$0	$0
MOLLY RODRIGUEZ	INSTITUTIONAL TRUSTEE	1.00	Director	$0	$0	$0
MEGAN BARKLEY	INSTITUTIONAL 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
2024	No data	No data	No data	No data
2023	$4,562,384	$4,770,367	$20,327,058	$-207,983
2022	$4,726,079	$5,251,549	$20,437,572	$-525,470
2021	$6,723,172	$3,940,989	$22,041,083	$2,782,183
2020	$4,658,674	$3,333,363	$17,790,917	$1,325,311
2019	$6,681,550	$3,708,936	$15,865,788	$2,972,614
2018	$5,390,163	$4,195,502	$11,786,405	$1,194,661
2018	$4,390,163	$4,195,502	$11,786,404	$194,661
2017	$3,781,715	$2,630,120	$11,234,266	$1,151,595

FINGER LAKES AREA COMMUNITY ENDOWMENT