Fairbank Development Corporation (EIN 421238560) - 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

1984

Legal Domicile

Principal Officer

Christian Woods

Tax Period

2024-10-01 to 2025-09-30

Fairbank Development Corporation, founded in 1984, is a small nonprofit in the Community Improvement sector that reported $181K in total revenue in fiscal year 2024. Revenue surged 54% from the prior year, signaling strong growth momentum. The organization ran a surplus of $60K, a strong 33% operating margin.

Mission

provide community based entertainment through annual town celebration.

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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 (2024)

Revenue Breakdown

Contributions & Grants $168,128

Program Service Revenue $0

Investment Income $3,545

Other Revenue $9,712

TOTAL REVENUE $181,385

Expense Breakdown

Grants Paid $23,000

Salaries & Benefits $0

Fundraising Expenses $89,792

Program Expenses $23,000

Other Expenses $98,370

TOTAL EXPENSES $121,370

Year-over-Year Comparison

	2024	2023	Change
Revenue	$181,385	$117,927	+0.5%
Expenses	$121,370	N/A	N/A
Net Income	$60,015	$117,927	-0.5%

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	Role	Reportable Comp	Other Comp	Total
Christian Woods	President	Officer	$0	$0	$0
Tom Hyde	Secretary	Officer	$0	$0	$0
Jared Kane	Treasurer	Officer	$0	$0	$0
Richard Woods	Director	Officer	$0	$0	$0
Ronald Woods	Director	Officer	$0	$0	$0
Andrew Williams	Director	Officer	$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
2025	$181,385	$121,370	$262,687	$60,015

Fairbank Development Corporation