CHEBEAGUE ISLAND COMMUNITY ASSOCIATION (EIN 203025485) - 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

2005

Legal Domicile

Principal Officer

ROBERT EARNEST

Phone

2078077256

Tax Period

2023-01-01 to 2023-12-31

CHEBEAGUE ISLAND COMMUNITY ASSOCIATION, founded in 2005, is a micro nonprofit in the Community Improvement sector that reported $55K in total revenue in fiscal year 2023. Revenue fell 66% from the prior year — a significant decline worth monitoring. Net assets of $463K represent 102 months of operating reserves.

Mission

THE ORGANIZATION'S MISSION IS TO ENSURE THE SURVIVAL AND LONG-TERM VIABILITY OF CHEBEAGUE ISLAND AS A YEAR-ROUND COMMUNITY.

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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 $33,682

Program Service Revenue $21,000

Investment Income $0

Other Revenue $0

TOTAL REVENUE $54,682

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $29,321

Other Expenses $56,411

TOTAL EXPENSES $56,411

Year-over-Year Comparison

	2023	2022	Change
Revenue	$54,682	$158,616	-0.7%
Expenses	$56,411	$62,788	-0.1%
Net Income	$-1,729	$95,828	-1.0%

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
BEN YOSUA-DAVIS	MEMBER	1.00	Director	$0	$0	$0
ROBERT EARNEST	TREASURER	1.00	Officer Director	$0	$0	$0
HANK WHETHAM	MEMBER	1.00	Director	$0	$0	$0
BILL MACKENZIE	PRESIDENT	1.00	Officer Director	$0	$0	$0
VIRGINIA CASTINE	MEMBER	1.00	Director	$0	$0	$0
KEL HANEY	VICE-PRESIDENT	1.00	Officer Director	$0	$0	$0
TRACY CALDER	SECRETARY	1.00	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
2024	No data	No data	No data	No data
2023	$54,682	$56,411	$473,916	$-1,729
2022	$158,616	$62,788	$478,420	$95,828

CHEBEAGUE ISLAND COMMUNITY ASSOCIATION