GOFF FERN CHARITABLE TA (EIN 223220923) - 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

1982

Legal Domicile

Phone

2078747149

Tax Period

2024-09-01 to 2025-08-31

GOFF FERN CHARITABLE TA, founded in 1982, is a small nonprofit that reported $272K in total revenue in fiscal year 2024. Revenue fell 31% from the prior year — a significant decline worth monitoring. Expenses of $391K exceeded revenue, resulting in a 44% operating deficit.

Mission

GRANTS ARE MADE ACCORDING TO THE TRUST AGREEMANT DATED MAY 28 1982. KEYBANK AS TRUSTEE MAKE DISTRIBUTIONS AS FOLLOWS 10 % LAUDHOLM TRUST 20% SWEETER CHILDREN HOME 20% SANFORD MENS CHRISTIANS HOME 20% ST GEORGES EPISCOPAL CHURCH 10% MASSABESIC LIONS CLUB 20% WABAN PROJECTS INC

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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 (2024)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $0

Investment Income $272,022

Other Revenue $0

TOTAL REVENUE $272,022

Expense Breakdown

Grants Paid $308,460

Salaries & Benefits $79,894

Fundraising Expenses $0

Program Expenses $308,460

Other Expenses $2,952

TOTAL EXPENSES $391,306

Year-over-Year Comparison

	2024	2023	Change
Revenue	$272,022	$393,941	-0.3%
Expenses	$391,306	$384,257	+0.0%
Net Income	$-119,284	$9,684	-13.3%

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
N/A	TRUSTEE	1.0		$79,894	$0	$79,894

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	$272,022	$391,306	$4,924,615	$-119,284
2024	$393,941	$384,257	$5,043,878	$9,684
2023	$417,712	$373,976	$5,036,464	$43,736
2022	$333,379	$365,670	$4,996,471	$-32,291
2021	$248,041	$350,491	$5,031,950	$-102,450
2020	$244,442	$330,095	$5,137,568	$-85,653

GOFF FERN CHARITABLE TA