FALMOUTH HERITAGE RENEWAL INC (EIN 364441993) - 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

2001

Legal Domicile

Principal Officer

WILLIAM C MARLATT

Phone

8472346302

Tax Period

2023-01-01 to 2023-12-31

FALMOUTH HERITAGE RENEWAL INC, founded in 2001, is a micro nonprofit in the Arts, Culture & Humanities sector that reported $15K in total revenue in fiscal year 2023. Revenue fell 29% from the prior year — a significant decline worth monitoring. The organization ran a surplus of $14K, a strong 89% operating margin.

Mission

THE ORGANIZATION'S PRIMARY PURPOSE IS TO EDUCATE THE PUBLIC AND PROMOTE TO THE PUBLIC THE HISTORY AND CULTURE OF FALMOUTH, JAMAICA.

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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 $15,250

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $15,250

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Other Expenses $1,605

TOTAL EXPENSES $1,605

Year-over-Year Comparison

	2023	2022	Change
Revenue	$15,250	$21,500	-0.3%
Expenses	$1,605	$27,205	-0.9%
Net Income	$13,645	$-5,705	-3.4%

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

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

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
CHRISTOPHER F OHRSTROM	TREASURER	5.00	Officer Director	$0	$0	$0
WILLIAM C MARLATT	PRESIDENT	2.00	Officer Director	$0	$0	$0
ALEXANDRA DI VALMARANA	CHAIRMAN	2.00	Officer Director	$0	$0	$0
BRENT FORTENBERRY	SECRETARY	2.00	Officer Director	$0	$0	$0
BLAISE HART	MEMBER	2.00	Director	$0	$0	$0
HAYDEN BASSETT	MEMBER	2.00	Director	$0	$0	$0
MATTHEW A WEBSTER	VICE PRESIDENT	2.00	Officer 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	$15,250	$1,605	$15,505	$13,645
2022	$21,500	$27,205	$1,860	$-5,705
2021	$5,750	$20,555	$7,565	$-14,805
2020	$2,275	$1,100	$22,370	$1,175
2019	$15,250	$18,205	$21,195	$-2,955
2018	$21,500	$14,447	$24,150	$7,053

FALMOUTH HERITAGE RENEWAL INC