FAIRFIELDS INC (EIN 208033540) - 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

2006

Legal Domicile

Principal Officer

LORI JOHNSON

Phone

7249812950

Tax Period

2023-07-01 to 2024-06-30

FAIRFIELDS INC, founded in 2006, is a micro nonprofit in the Mental Health sector that reported $34K in total revenue in fiscal year 2023. Expenses of $67K exceeded revenue, resulting in a 98% operating deficit.

Mission

HOMES FOR INDIVIDUALS WITH COGNITIVE & INTELLECTUAL DISABILITES IN AN URBAN RESIDENCE SETTING. THE HOUSING WILL PROVIDE A SETTING WHERE, ALONG WITH CARE, SECURITY, AND COMPASSION, THE RESIDENTS WILL ENJOY THEIR SURROUNDINGS THROUGH EXPOSURE TO NATURE AND EXERCISE.

🔒

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 (2023)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $33,545

Investment Income $31

Other Revenue $296

TOTAL REVENUE $33,872

Expense Breakdown

Grants Paid $0

Salaries & Benefits $22,312

Fundraising Expenses $0

Program Expenses $43,868

Other Expenses $44,750

TOTAL EXPENSES $67,062

Year-over-Year Comparison

	2023	2022	Change
Revenue	$33,872	$35,471	0.0%
Expenses	$67,062	$60,909	+0.1%
Net Income	$-33,190	$-25,438	+0.3%

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

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
RICHARD WALLACE	SECRETARY/TREASURER	1.00	Officer Director	$0	$0	$0
TIM MCGONIGLE	VICE PRESIDENT	1.00	Officer Director	$0	$0	$0
TOM BURICH	PAST PRESIDENT	1.00	Director	$0	$0	$0
BOB LUCAS	COMMUNITY REP	1.00	Director	$0	$0	$0
ROBERT BEACH	BOARD MEMBER	1.00	Director	$0	$0	$0
MATTHEW VANNOY	BOARD MEMBER	1.00	Director	$0	$0	$0
LORI JOHNSON	PRESIDENT	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
2025	No data	No data	No data	No data
2024	$33,872	$67,062	$367,827	$-33,190
2023	$35,471	$60,909	$376,864	$-25,438
2022	$40,849	$50,873	$390,194	$-10,024
2021	$42,516	$62,024	$404,146	$-19,508
2020	$40,836	$46,051	$422,536	$-5,215

FAIRFIELDS INC