Penobscot Foundation for Developmental Services (EIN 222508025) - 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

1983

Legal Domicile

Principal Officer

Fred A Brown

Tax Period

2023-07-01 to 2024-06-30

Penobscot Foundation for Developmental Services, founded in 1983, is a small nonprofit that reported $596K in total revenue in fiscal year 2023. Revenue surged 109% from the prior year, signaling strong growth momentum. The organization ran a surplus of $252K, a strong 42% operating margin.

Mission

The Organizations mission is to support programs which provide assistance to citizens of Maine with developmental disabilities.

🔒

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 $286,265

Investment Income $308,751

Other Revenue $646

TOTAL REVENUE $595,662

Expense Breakdown

Grants Paid $66,092

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $301,682

Other Expenses $277,816

TOTAL EXPENSES $343,908

Year-over-Year Comparison

	2023	2022	Change
Revenue	$595,662	$284,454	+1.1%
Expenses	$343,908	$385,937	-0.1%
Net Income	$251,754	$-101,483	-3.5%

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
Adam Mulia	Director	0.25	Director	$0	$0	$0
Wayne Walker	Director	0.25	Director	$0	$0	$0
Earl Black	Director	0.25	Director	$0	$0	$0
Rachel E Thompson	Chairperson	0.25	Officer Director	$0	$0	$0
Fred A Brown	Director	0.25	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	$595,662	$343,908	$8,607,925	$251,754
2023	$284,454	$385,937	$8,129,172	$-101,483
2022	$472,207	$289,653	$7,866,967	$182,554
2021	$521,004	$335,089	$8,075,626	$185,915
2020	$406,766	$281,289	$6,220,344	$125,477
2019	$559,951	$307,117	$6,106,614	$252,834

Penobscot Foundation for Developmental Services