60-62 Pleasant Street Corporation

EIN: 223335241 501(c)(3)

Saco, ME

Total Revenue
$295,985
Total Expenses
$51,348
Total Assets
N/A
Net Assets
N/A
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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
1995
Legal Domicile
ME
Principal Officer
Douglas Woodbury
Phone
2072944400
Tax Period
2023-07-01 to 2024-06-30

60-62 Pleasant Street Corporation, founded in 1995, is a small nonprofit that reported $296K in total revenue in fiscal year 2023. The organization ran a surplus of $245K, a strong 83% operating margin.

Mission

To provide elderly or disabled persons with housing facilities and services specially designed to meet their physical, social, and psychological needs, and to promote their health, security, happiness, and usefulness in longer living.

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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%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $53,945
Investment Income $242,040
Other Revenue $0
TOTAL REVENUE $295,985

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $45,128
Other Expenses $51,348
TOTAL EXPENSES $51,348

Year-over-Year Comparison

2023 2022 Change
Revenue $295,985 N/A N/A
Expenses $51,348 N/A N/A
Net Income $244,637 $0 N/A
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

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Governance

Voting Members
4
Independent Members
4
Employees
N/A
Volunteers
4

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
3
$250,647
Total Directors
4
$398,320
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Douglas Woodbury President 0.10
Officer Director
$0 $0 $0
Rita DeFio Secretary 0.10
Officer Director
$0 $0 $0
John McAnuff Treasurer 0.10
Officer Director
$0 $30,332 $250,647
Rose Giacchino Board Member 0.10
Director
$0 $17,111 $147,673
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 $295,985 $51,348 No data $244,637
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