NANTUCKET COMEDY FESTIVAL INC C/O ALYSSA CORRY (EIN 262303910) - 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

2008

Legal Domicile

Principal Officer

ALYSSA CORRY

Phone

5089019281

Tax Period

2023-01-01 to 2023-12-31

NANTUCKET COMEDY FESTIVAL INC C/O ALYSSA CORRY, founded in 2008, is a small nonprofit in the Education sector that reported $263K in total revenue in fiscal year 2023. Revenue surged 63% from the prior year, signaling strong growth momentum.

Mission

THE NANTUCKET COMEDY FESTIVAL (NCF) WAS FOUNDED AS A NON-PROFIT ORGANIZATION DEDICATED TO RAISING MONEY AND AWARENESS FOR LOCAL, NANTUCKET CHARITIES

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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 $31,189

Program Service Revenue $199,104

Investment Income $0

Other Revenue $33,143

TOTAL REVENUE $263,436

Expense Breakdown

Grants Paid $0

Salaries & Benefits $60,000

Fundraising Expenses $0

Program Expenses $260,630

Other Expenses $212,353

TOTAL EXPENSES $272,353

Year-over-Year Comparison

	2023	2022	Change
Revenue	$263,436	$161,977	+0.6%
Expenses	$272,353	$201,277	+0.4%
Net Income	$-8,917	$-39,300	-0.8%

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

$60,000

Total Directors

$60,000

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
TIM BRAINE	VICE PRESIDENT	1.00	Officer Director	$0	$0	$0
FRANKLIN LEVY	SECRETARY	1.00	Officer Director	$0	$0	$0
KAREN RAINWATER	DIRECTOR	0.00	Director	$0	$0	$0
LYNDA LEVY	DIRECTOR	0.00	Director	$0	$0	$0
KEVIN FLYNN	EXECUTIVE DIRECTOR	20.00	Officer Director	$0	$0	$60,000
JOHN BUCKEY	PRESIDENT	1.00	Officer Director	$0	$0	$0
ANN DAVIS	DIRECTOR	0.00	Director	$0	$0	$0
GEORGEANN BALLOU	DIRECTOR	0.00	Director	$0	$0	$0
GEORGE ROACH	DIRECTOR	0.00	Director	$0	$0	$0
CHRIS MAZZILLI	DIRECTOR	0.00	Director	$0	$0	$0
LISA SOEDER	DIRECTOR	0.00	Director	$0	$0	$0
DAN WOLF	DIRECTOR	0.00	Director	$0	$0	$0
PETER FARRELLY	DIRECTOR	0.00	Director	$0	$0	$0
BOBBY FARRELLY	DIRECTOR	0.00	Director	$0	$0	$0
KAREN KEELAN	DIRECTOR	0.00	Director	$0	$0	$0
SIMON FRASER	DIRECTOR	0.00	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	No data	No data	No data	No data
2023	$263,436	$272,353	$4,332	$-8,917
2022	$161,977	$201,277	$16,036	$-39,300
2021	$194,259	$223,131	$53,079	$-28,872
2020	$98,109	$120,697	$104,243	$-22,588
2019	$226,446	$236,791	$14,383	$-10,345
2018	$259,631	$289,093	$24,728	$-29,462

NANTUCKET COMEDY FESTIVAL INC C/O ALYSSA CORRY