Albiston Foundation (EIN 465666045) - 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

2014

Legal Domicile

Principal Officer

Bruce Albiston

Phone

2072372123

Tax Period

2024-01-01 to 2024-12-31

Albiston Foundation, founded in 2014, is a small nonprofit in the Human Services sector that reported $564K in total revenue in fiscal year 2024. Revenue surged 43% from the prior year, signaling strong growth momentum. The organization ran a surplus of $238K, a strong 42% operating margin.

Mission

The Aphasia Center of Maine and the Adaptive Outdoor Education Center.

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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 $492,102

Program Service Revenue $49,546

Investment Income $0

Other Revenue $22,013

TOTAL REVENUE $563,661

Expense Breakdown

Grants Paid $0

Salaries & Benefits $127,433

Fundraising Expenses $4,592

Program Expenses $268,041

Other Expenses $198,712

TOTAL EXPENSES $326,145

Year-over-Year Comparison

	2024	2023	Change
Revenue	$563,661	$394,522	+0.4%
Expenses	$326,145	$371,132	-0.1%
Net Income	$237,516	$23,390	+9.2%

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

Volunteers

125

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
Steve Belanger PhD BC-ANDS	Director	1.00	Director	$0	$0	$0
Tobias Burdet	Director	0.20	Director	$0	$0	$0
Richard Fecteau	Director	0.50	Director	$0	$0	$0
Elaine Jones	Director	0.50	Director	$0	$0	$0
Karen McPhee	Director	0.50	Director	$0	$0	$0
Bruce Albiston	President	20.00	Officer Director	$0	$0	$0
Annemarie Albiston	Treasurer	20.00	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	$563,661	$326,145	$1,367,144	$237,516
2023	$394,522	$371,132	$1,132,508	$23,390
2022	$286,475	$376,776	$1,112,261	$-90,301
2021	$322,716	$315,110	$1,197,319	$7,606
2020	$199,141	$243,955	$1,245,244	$-44,814
2019	$543,294	$203,316	$1,276,706	$339,978
2018	$352,587	$190,326	$933,891	$162,261

Albiston Foundation