FAIRWIND LEARNING CENTER

EIN: 471588668 501(c)(3) Education

MARBLEHEAD, MA

Total Revenue
$671,372
Total Expenses
$608,237
Total Assets
$149,201
Net Assets
$126,002
🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
2014
Legal Domicile
MA
Principal Officer
ANA COLMENERO
Phone
7819901862
Tax Period
2022-07-01 to 2023-06-30

FAIRWIND LEARNING CENTER, founded in 2014, is a small nonprofit in the Education sector that reported $671K in total revenue in fiscal year 2022. Revenue surged 22% from the prior year, signaling strong growth momentum. Expenses of $608K left a modest 9% surplus.

Mission

ORGANIZATION'S PURPOSE IS TO OPERATE EDUCATIONAL PROGRAMS FOR CHILDREN AGES 2-6 YEARS OLD; AND TO CARRY ON ANY OTHER EDUCATIONAL WORK PERMITTED TO A NON-PROFIT CORPORATION PURSUANT TO MASSACHUSETTS GENERAL LAWS, CHAPTER 180, ARTICLE 1, ET SEQ.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Sign In — Free (10 views/day)

Financial Overview (2022)

Revenue Breakdown

Contributions & Grants $50
Program Service Revenue $668,538
Investment Income $2,268
Other Revenue $516
TOTAL REVENUE $671,372

Expense Breakdown

Grants Paid $0
Salaries & Benefits $444,879
Fundraising Expenses $0
Program Expenses $456,265
Other Expenses $163,358
TOTAL EXPENSES $608,237

Year-over-Year Comparison

2022 2021 Change
Revenue $671,372 $551,086 +0.2%
Expenses $608,237 $496,078 +0.2%
Net Income $63,135 $55,008 +0.1%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Sign In

Governance

Voting Members
4
Independent Members
4
Employees
12
Volunteers
N/A

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
2
$46,734
Total Directors
4
$46,734
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
ANA COLMENERO PRESIDENT 0.25
Officer Director
$0 $0 $0
JILL WEISE TREASURER 0.25
Director
$0 $0 $0
ALEXA SQUITERI CLERK 0.25
Director
$0 $0 $0
KATHY SWEETLAND EXECUTIVE DIRECTOR 0.25
Officer Director
$46,734 $0 $46,734
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 No data No data No data No data
2024 No data No data No data No data
2023 $671,372 $608,237 $149,201 $63,135
2023 $671,372 $608,237 $149,201 $63,135
2022 $551,086 $496,078 $101,395 $55,008
2021 No data $28,325 $113,616 No data
2020 $512,947 $512,526 $69,670 $421
2019 $571,416 $601,288 $99,052 $-29,872
2018 $598,082 $540,163 $170,563 $57,919
Explore More Nonprofits
Top 100 Nonprofits in Massachusetts Largest U.S. Nonprofits Best Rated Nonprofits Most Efficient Nonprofits

Compare FAIRWIND LEARNING CENTER with other nonprofits in Massachusetts and across the country.