MERRYMEETING BAY TRUST

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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

2004

Legal Domicile

Principal Officer

David R Weiss

Phone

2077200160

Tax Period

2022-01-01 to 2022-12-31

MERRYMEETING BAY TRUST, founded in 2004, is a small nonprofit that reported $540K in total revenue in fiscal year 2022. Revenue surged 247% from the prior year, signaling strong growth momentum. Expenses of $616K exceeded revenue, resulting in a 14% operating deficit.

Mission

to assist in and promote the understanding, awareness, and study of the natural environment surrounding Merrymeeting Bay, and preservation of other undeveloped areas in the vicinity of or on Merrymeeting Bay.

Program Service Accomplishments

Program 1

Expenses: $520,000

Grants to land trusts and environmental org for land preservation and acquisition

Program 2

Expenses: $50,000

Grants to non-profits for environmental education

Program 3

Expenses: $20,000

Grant to Municiality for Land Acquisition/Preservation

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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 (2022)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $0

Investment Income $539,662

Other Revenue $0

TOTAL REVENUE $539,662

Expense Breakdown

Grants Paid $590,000

Salaries & Benefits $20,000

Fundraising Expenses $0

Program Expenses $590,000

Other Expenses $5,900

TOTAL EXPENSES $615,900

Year-over-Year Comparison

	2022	2021	Change
Revenue	$539,662	$155,694	+2.5%
Expenses	$615,900	$347,691	+0.8%
Net Income	$-76,238	$-191,997	-0.6%

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

$25,900

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
David R Weiss	Co-Trustee	003.00	Director	$25,900	$0	$25,900
Sandra W Weiss	Co-Trustee	000.20	Director	$0	$0	$0
William C Blaiklock	Co-Trustee	000.10	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
2022	$539,662	$615,900	No data	$-76,238
2021	$155,694	$347,691	$897,255	$-191,997
2020	$295,579	$487,750	$940,604	$-192,171