UPPER SARANAC LAKE FOUNDATION INC (EIN 223041892) - 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

1989

Legal Domicile

Principal Officer

TOM SWAYNE

Phone

5188919797

Tax Period

2023-01-01 to 2023-12-31

UPPER SARANAC LAKE FOUNDATION INC, founded in 1989, is a community nonprofit in the Education sector that reported $1.3M in total revenue in fiscal year 2023. Revenue surged 43% from the prior year, signaling strong growth momentum. The organization ran a surplus of $928K, a strong 72% operating margin.

Mission

TO PRESERVE, ENHANCE AND PROTECT THE NATURAL BEAUTY, ENVIRONMENTAL QUALITY AND RECREATIONAL ENJOYMENT OF THE UPPER SARANAC LAKE REGION.

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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 $1,183,973

Program Service Revenue $39,700

Investment Income $71,663

Other Revenue $0

TOTAL REVENUE $1,295,336

Expense Breakdown

Grants Paid $0

Salaries & Benefits $209,706

Fundraising Expenses $0

Program Expenses $305,250

Other Expenses $157,460

TOTAL EXPENSES $367,166

Year-over-Year Comparison

	2023	2022	Change
Revenue	$1,295,336	$903,368	+0.4%
Expenses	$367,166	$353,817	+0.0%
Net Income	$928,170	$549,551	+0.7%

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

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
TOM SWAYNE	PRESIDENT AND DIRECTOR	5.00	Officer Director	$0	$0	$0
ERIC KUHN	TREASURER AND DIRECTOR	5.00	Officer Director	$0	$0	$0
TERRY BIRDSONG	DIRECTOR	0.50	Director	$0	$0	$0
JIM BODNAR	SECRETARY AND DIRECTOR	1.00	Officer Director	$0	$0	$0
LEE BAILEY	DIRECTOR	0.50	Director	$0	$0	$0
PAM WERNER	DIRECTOR	0.50	Director	$0	$0	$0
BARRY WOLFE	DIRECTOR	0.50	Director	$0	$0	$0
PAUL N LEITNER	DIRECTOR	0.50	Director	$0	$0	$0
LYNNE PERRY	DIRECTOR	0.50	Director	$0	$0	$0
JAMES A SCHOFF	DIRECTOR	0.50	Director	$0	$0	$0
ROSS S WHALEY	DIRECTOR	0.50	Director	$0	$0	$0
ALEXANDER PACKARD	DIRECTOR	0.50	Director	$0	$0	$0
MICHAEL SHORT	DIRECTOR	0.50	Director	$0	$0	$0
RAYMOND L MOATS	DIRECTOR	0.50	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	$1,295,336	$367,166	$3,585,275	$928,170
2022	$903,368	$353,817	$2,656,891	$549,551
2021	$488,028	$328,587	$2,107,159	$159,441
2020	$452,781	$326,335	$1,946,828	$126,446
2019	$427,656	$360,515	$1,820,590	$67,141
2018	$995,595	$336,776	$1,755,644	$658,819

UPPER SARANAC LAKE FOUNDATION INC