WOOD ISLAND LIFE SAVING STATION ASSOCIATION (EIN 453543669) - 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

2011

Legal Domicile

Principal Officer

SAMUEL REID

Phone

2022578431

Tax Period

2025-01-01 to 2025-12-31

WOOD ISLAND LIFE SAVING STATION ASSOCIATION, founded in 2011, is a small nonprofit in the Environment sector that reported $548K in total revenue in fiscal year 2025. Expenses of $523K left a modest 5% surplus.

Mission

TO STABALIZE, RESTORE AND MAINTAIN THE LIFE SAVING STATION ON WOOD ISLAND IN KITTERY MAINE FOR THE ENJOYMENT AND EDUCATION OF THE CURRENT AND FUTURE GENERATIONS.

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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 (2025)

Revenue Breakdown

Contributions & Grants $508,571

Program Service Revenue $32,902

Investment Income $0

Other Revenue $6,660

TOTAL REVENUE $548,133

Expense Breakdown

Grants Paid $0

Salaries & Benefits $44,387

Fundraising Expenses $32,159

Program Expenses $466,542

Other Expenses $478,511

TOTAL EXPENSES $522,898

Year-over-Year Comparison

	2025	2024	Change
Revenue	$548,133	$537,676	+0.0%
Expenses	$522,898	$536,075	0.0%
Net Income	$25,235	$1,601	+14.8%

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

100

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

$44,387

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
SAMUEL REID	PRESIDENT	4.00	Director	$0	$0	$0
JAKE WINEBAUM	VICE PRESIDENT	1.00	Director	$0	$0	$0
LAURENCE BUSSEY	TREASURER	1.00	Director	$0	$0	$0
ELLEN GARVEY	DIRECTOR	1.00	Director	$0	$0	$0
STEVEN GRAVES	DIRECTOR	1.00	Director	$0	$0	$0
JAMES MCPHERSON	SECRETARY	1.00	Director	$0	$0	$0
TARA SHERMAN	DIRECTOR	1.00	Director	$0	$0	$0
LARRY YERDON	DIRECTOR	1.00	Director	$0	$0	$0
DAVID KASELAUSKAS	ADVISOR TO THE BOARD	1.00	Director	$0	$0	$0
WENDY LULL	ADVISOR TO THE BOARD	1.00	Director	$0	$0	$0
LAURA CALHOUN	EXECUTIVE DIRECTOR	40.00	Key Emp	$44,387	$0	$44,387

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	$548,133	$522,898	$71,367	$25,235
2024	$537,676	$536,075	$46,132	$1,601
2023	$764,038	$835,107	$44,531	$-71,069
2022	$694,905	$754,493	$105,600	$-59,588
2021	$920,228	$844,976	$125,188	$75,252
2020	$374,257	$358,644	$49,936	$15,613
2019	$1,142,167	$1,138,972	$34,323	$3,195
2018	$1,015,823	$993,609	$31,128	$22,214

WOOD ISLAND LIFE SAVING STATION ASSOCIATION