THE FARMINGTON COMMUNITY ASSOC (EIN 561161306) - 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

1971

Legal Domicile

Phone

3369982912

Tax Period

2024-01-01 to 2024-12-31

THE FARMINGTON COMMUNITY ASSOC, founded in 1971, is a small nonprofit in the Recreation & Sports sector that reported $115K in total revenue in fiscal year 2024. Revenue decreased 14% compared to the prior year. Net assets of $798K represent 83 months of operating reserves.

Mission

PRESERVING THE PAST TO PROMOTE THE FUTURE BY MAINTAING A HISTORICAL FACILITY THAT WILL CONTINUE TO SERVE AS A COMMUNITY CENTER & PROMOTE WELLNESS FOR THE FAMILIES IN OUR COMMUNITY, BY PROVIDING RECREATION IN A FAMILY ATMOSPHERE AND PROGRAMS THROUGH DIRECT SERVICES & COLLABORATION

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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 $53,425

Program Service Revenue $6,104

Investment Income $1,172

Other Revenue $54,521

TOTAL REVENUE $115,222

Expense Breakdown

Grants Paid $1,516

Salaries & Benefits $26,006

Fundraising Expenses $0

Program Expenses $102,669

Other Expenses $91,980

TOTAL EXPENSES $119,502

Year-over-Year Comparison

	2024	2023	Change
Revenue	$115,222	$134,580	-0.1%
Expenses	$119,502	$104,291	+0.1%
Net Income	$-4,280	$30,289	-1.1%

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

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

Total Directors

Key Employees

$22,320

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
MELANIE F COOK	EXECUTIVE DIRECTOR	21.00	Key Emp	$22,320	$0	$22,320
BARRY LINHART	DIRECTOR	0.00	Director	$0	$0	$0
ELIJAH SHEPPARD	DIRECTOR	0.00	Director	$0	$0	$0
CHRISTI MCBRIDE	SECRETARY	0.00	Officer Director	$0	$0	$0
ALLYSON SAWTELLE	PRESIDENT	0.00	Officer Director	$0	$0	$0
RAYMOND BOWLES	VICE PRESIDENT	0.00	Officer Director	$0	$0	$0
ALLISON BROWN	TREASURER	0.00	Officer Director	$0	$0	$0
RICHARD WAXMAN	DIRECTOR	0.00	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	$115,222	$119,502	$801,072	$-4,280
2023	$134,580	$104,291	$811,994	$30,289
2022	$165,100	$89,814	$782,388	$75,286
2021	$118,382	$69,121	$780,529	$49,261
2020	$41,328	$58,032	$669,107	$-16,704
2019	$79,303	$76,621	$679,629	$2,682
2018	$66,121	$70,678	$672,164	$-4,557

THE FARMINGTON COMMUNITY ASSOC