Timanous Foundation

EIN: 352580434 501(c)(3) Youth Development

Raymond, ME

Total Revenue
$3,108,707
Total Expenses
$1,799,124
Total Assets
$11,489,362
Net Assets
$10,764,874
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2016
Legal Domicile
ME
Principal Officer
Linda M Suitor
Phone
2076554569
Tax Period
2023-09-01 to 2024-08-31

Timanous Foundation, founded in 2016, is a community nonprofit in the Youth Development sector that reported $3.1M in total revenue in fiscal year 2023. Revenue surged 30% from the prior year, signaling strong growth momentum. The organization ran a surplus of $1.3M, a strong 42% operating margin.

Mission

Timanous Foundation is dedicated to providing a camp life that builds character and has lasting value for every boy.

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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 $1,092,289
Program Service Revenue $1,696,664
Investment Income $319,754
Other Revenue $0
TOTAL REVENUE $3,108,707

Expense Breakdown

Grants Paid $221,440
Salaries & Benefits $690,199
Fundraising Expenses $42,714
Program Expenses $1,321,937
Other Expenses $887,485
TOTAL EXPENSES $1,799,124

Year-over-Year Comparison

2023 2022 Change
Revenue $3,108,707 $2,393,274 +0.3%
Expenses $1,799,124 $1,616,536 +0.1%
Net Income $1,309,583 $776,738 +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

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Governance

Voting Members
15
Independent Members
15
Employees
64
Volunteers
19

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
$154,768
Total Directors
15
$5,000
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Linda McGorrill Suitor Trustee/Assistant Interim Director 15.00
Officer Director
$5,000 $0 $5,000
Will Cook Trustee (start 7/2024) 15.00
Director
$0 $0 $0
Kelly Dietel Trustee 15.00
Director
$0 $0 $0
Vinny Dotoli Trustee 15.00
Director
$0 $0 $0
Fred Hollister Trustee 15.00
Director
$0 $0 $0
Jeanette Michael Trustee 15.00
Director
$0 $0 $0
Timothy Morningstar Trustee 15.00
Director
$0 $0 $0
Dave Suitor Trustee 15.00
Director
$0 $0 $0
Kara Van Norden Trustee 15.00
Director
$0 $0 $0
Alan Washington Trustee 15.00
Director
$0 $0 $0
Bruce Wimberly Trustee 15.00
Director
$0 $0 $0
Craig MacDonnell Chairman 15.00
Officer Director
$0 $0 $0
Michael Prior Vice Chairman 15.00
Officer Director
$0 $0 $0
Bill Leece Treasurer 15.00
Officer Director
$0 $0 $0
Will Mayer Secretary 15.00
Officer Director
$0 $0 $0
Garth Altenburg Director (end 8/2024) 40.00
Officer
$120,295 $29,473 $149,768
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 $526,188 $313,755 $13,133,327 $212,433
2024 $3,108,707 $1,799,124 $11,489,362 $1,309,583
2023 $2,393,274 $1,616,536 $9,566,083 $776,738
2022 $2,326,657 $1,517,642 $8,529,924 $809,015
2021 $4,395,010 $1,327,830 $8,199,740 $3,067,180
2020 $552,342 $714,726 $4,799,721 $-162,384
2018 $3,183,726 $570,324 $3,824,695 $2,613,402
2017 $990,216 $127,454 $893,643 $862,762
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