NEWPORT COUNTRY CLUB PRESERVATION FOUNDATION TRUST (EIN 200681887) - 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

2003

Legal Domicile

Principal Officer

JAMES D HAAS

Phone

4018469227

Tax Period

2023-01-01 to 2023-12-31

NEWPORT COUNTRY CLUB PRESERVATION FOUNDATION TRUST, founded in 2003, is a small nonprofit in the Arts, Culture & Humanities sector that reported $154K in total revenue in fiscal year 2023. Revenue fell 53% from the prior year — a significant decline worth monitoring. Expenses of $215K exceeded revenue, resulting in a 39% operating deficit.

Mission

RESTORATION, MAINTENANCE & PRESERVATION OF HISTORICALLY & ARHITECTURALLY SIGNFICANT BUILDINGS LOCATED AT 280 HARRISON AVE, NEWPORT, RI

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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 $93,950

Program Service Revenue $0

Investment Income $60,135

Other Revenue $0

TOTAL REVENUE $154,085

Expense Breakdown

Grants Paid $162,056

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $162,056

Other Expenses $52,598

TOTAL EXPENSES $214,654

Year-over-Year Comparison

	2023	2022	Change
Revenue	$154,085	$331,360	-0.5%
Expenses	$214,654	$108,443	+1.0%
Net Income	$-60,569	$222,917	-1.3%

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

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
JAMES D HAAS	PRESIDENT	1.00	Officer Director	$0	$0	$0
MORTIMER BERKOWITZ III	TREASURER	1.00	Officer Director	$0	$0	$0
BARCLAY DOUGLAS JR	TRUSTEE	1.00	Director	$0	$0	$0
ROBERT G MANICE	TRUSTEE	1.00	Director	$0	$0	$0
WILLIAM P EGAN	TRUSTEE	1.00	Director	$0	$0	$0
MATTHEW T MARCELLO III	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	$154,085	$214,654	$4,614,873	$-60,569
2022	$331,360	$108,443	$4,728,656	$222,917
2021	$134,237	$42,553	$4,547,409	$91,684
2020	$417,532	$146,060	$4,149,061	$271,472
2019	$312,377	$142,458	$4,008,747	$169,919
2018	$482,106	$48,050	$3,588,542	$434,056

NEWPORT COUNTRY CLUB PRESERVATION FOUNDATION TRUST