LEEWARD CHARITABLE FOUNDATION INC (EIN 264133421) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

2009

Legal Domicile

Principal Officer

ROBERT WERNER

Phone

9787586456

Tax Period

2024-01-01 to 2024-12-31

LEEWARD CHARITABLE FOUNDATION INC, founded in 2009, is a community nonprofit in the Human Services sector that reported $1.3M in total revenue in fiscal year 2024. Revenue surged 84% from the prior year, signaling strong growth momentum. The organization ran a surplus of $688K, a strong 51% operating margin.

Mission

THE ORGANIZATION OPERATES A CHARITABLE THRIFT STORE IN MASSACHUSETTS TO RECYCLE, REUSE, AND RENEW FOR CHARITY IN ORDER TO ACHIEVE THEIR GOAL.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $762,700

Program Service Revenue $9,130

Investment Income $533,000

Other Revenue $38,876

TOTAL REVENUE $1,343,706

Expense Breakdown

Grants Paid $88,299

Salaries & Benefits $417,572

Fundraising Expenses $0

Program Expenses $532,595

Other Expenses $149,936

TOTAL EXPENSES $655,807

Year-over-Year Comparison

	2024	2023	Change
Revenue	$1,343,706	$731,263	+0.8%
Expenses	$655,807	$689,299	0.0%
Net Income	$687,899	$41,964	+15.4%

Key Indicators

✓ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

Volunteers

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

$103,251

Total Directors

$103,251

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
ROBERT WERNER	PRESIDENT	40.00	Officer Director	$71,994	$14,857	$86,851
SHAUNA WERNER	VICE PRESIDENT	20.00	Officer Director	$16,400	$0	$16,400
CHERYL BURSAW	SECRETARY	2.00	Officer Director	$0	$0	$0
THOMAS GILLIGAN	TREASURER	2.00	Officer Director	$0	$0	$0
JOHN MCQUAID	DIRECTOR	2.00	Director	$0	$0	$0
KENNETH MASSONE	DIRECTOR	2.00	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	$1,343,706	$655,807	$1,734,281	$687,899
2023	$731,263	$689,299	$1,101,096	$41,964
2022	$897,655	$808,068	$1,203,741	$89,587
2021	$1,587,888	$1,148,533	$1,114,900	$439,355
2020	$1,283,218	$1,088,450	$848,772	$194,768
2019	$1,250,338	$1,207,677	$885,621	$42,661

LEEWARD CHARITABLE FOUNDATION INC