FRIENDS OF ELLEN M LEACH MEMORIAL HOME (EIN 205064742) - 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

2006

Legal Domicile

Principal Officer

DAVID TAYLOR

Phone

2079897890

Tax Period

2023-10-01 to 2024-09-30

FRIENDS OF ELLEN M LEACH MEMORIAL HOME, founded in 2006, is a small nonprofit in the Philanthropy & Grantmaking sector that reported $168K in total revenue in fiscal year 2020. Revenue decreased 14% compared to the prior year. The organization ran a surplus of $63K, a strong 38% operating margin.

Mission

TO RAISE AND DISBURSE FUNDS IN ORDER TO PROVIDE A BETTER QUALITY OF LIFE TO THE RESIDENTS OF THE ELLEN M. LEACH MEMORIAL HOME IN BREWER, ME AND IN ORDER TO KEEP THEIR RENT AND OTHER EXPENSES MORE AFFORDABLE.

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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 $822,812

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $822,812

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $700,077

Other Expenses $700,077

TOTAL EXPENSES $700,077

Year-over-Year Comparison

	2023	2022	Change
Revenue	$822,812	$436,759	+0.9%
Expenses	$700,077	$422,171	+0.7%
Net Income	$122,735	$14,588	+7.4%

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

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

$69,677

Total Directors

$69,677

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
FRANK T MCGUIRE	PRESIDENT/CHAIR	1.00	Officer Director	$0	$0	$0
JOHN A TAYLOR	VICE PRESIDENT	1.00	Officer Director	$0	$0	$0
DAVID L TAYLOR	TREASURER	1.00	Officer Director	$0	$0	$0
DONALD C LEWIS	DIRECTOR	1.00	Director	$0	$0	$0
ANGELA M HOBSON	ASST. TREASURER/SECRETARY	1.00	Officer Director	$0	$0	$69,677
JEAN MORIN	DIRECTOR	1.00	Director	$0	$0	$0
ROGER SMITH	DIRECTOR	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	$822,812	$700,077	$420,447	$122,735
2023	$436,759	$422,171	$357,539	$14,588
2022	$277,721	$229,118	$307,040	$48,603
2021	$167,927	$104,724	$293,623	$63,203

FRIENDS OF ELLEN M LEACH MEMORIAL HOME