THE FAMILY PANTRY- DAMIEN'S PLACE (EIN 223278832) - 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

1992

Legal Domicile

Principal Officer

PAULINE LALLY

Phone

5082953486

Tax Period

2024-01-01 to 2024-12-31

THE FAMILY PANTRY- DAMIEN'S PLACE, founded in 1992, is a community nonprofit in the Human Services sector that reported $2.6M in total revenue in fiscal year 2024. Revenue decreased 19% compared to the prior year. Expenses of $2.2M left a modest 15% surplus.

Mission

PROVIDING FOOD AND MEALS TO THE RESIDENTS OF GREATER NEW BEDFORD AND GREATER WAREHAM METROPOLITAN AREAS AND SURROUNDING TOWNS.

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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 $2,531,761

Program Service Revenue $0

Investment Income $33,553

Other Revenue $2,000

TOTAL REVENUE $2,567,314

Expense Breakdown

Grants Paid $3,988

Salaries & Benefits $91,743

Fundraising Expenses $0

Program Expenses $2,123,157

Other Expenses $2,096,015

TOTAL EXPENSES $2,191,746

Year-over-Year Comparison

	2024	2023	Change
Revenue	$2,567,314	$3,152,232	-0.2%
Expenses	$2,191,746	$2,005,880	+0.1%
Net Income	$375,568	$1,146,352	-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

100

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

$6,923

Total Directors

$6,923

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
PAULINE LALLY	TREASURER	40.00	Officer Director	$6,923	$0	$6,923
CAROL COUTURE	DIRECTOR	10.00	Director	$0	$0	$0
NICHOLAS DECAS	DIRECTOR	10.00	Director	$0	$0	$0
FRANCIS GAY	DIRECTOR	10.00	Director	$0	$0	$0
KAREN GIERHART	DIRECTOR	10.00	Director	$0	$0	$0
CHARLES KANTNER	DIRECTOR	10.00	Director	$0	$0	$0
MICHAEL PAOLELLA	DIRECTOR	10.00	Director	$0	$0	$0
ANITA RIGASSIO-SMITH	PRESIDENT	10.00	Director	$0	$0	$0
NORMA SCOGGIN	VP DIRECTOR	10.00	Director	$0	$0	$0
KRIS STOLTENBERG	FINANCIAL SE	10.00	Officer Director	$0	$0	$0
CYNTHIA THOMAS	SECRETARY	10.00	Officer Director	$0	$0	$0
ELIZABETH WILEY	DIRECTOR	10.00	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	$2,567,314	$2,191,746	$3,459,103	$375,568
2023	$3,152,232	$2,005,880	$3,836,262	$1,146,352
2022	$2,276,577	$1,321,508	$1,540,868	$955,069
2021	$1,500,366	$1,329,926	$585,799	$170,440
2020	$1,208,228	$1,061,032	$415,359	$147,196

THE FAMILY PANTRY- DAMIEN'S PLACE