STRATEGIES FOR A STRONGER SANFORD

EIN: 800144697 501(c)(3) Youth Development

SANFORD, ME

Total Revenue
$160,255
Total Expenses
$109,468
Total Assets
$131,750
Net Assets
$131,750
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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
2007
Legal Domicile
ME
Principal Officer
LISA BLANCHETTE
Phone
2073240226
Tax Period
2024-01-01 to 2024-12-31

STRATEGIES FOR A STRONGER SANFORD, founded in 2007, is a small nonprofit in the Youth Development sector that reported $160K in total revenue in fiscal year 2024. Revenue surged 52% from the prior year, signaling strong growth momentum. The organization ran a surplus of $51K, a strong 32% operating margin.

Mission

THE ORGANIZATION IS BUILDING A STRONG FUTURE FOR THE CITY BY ENGAGING THE COMMUNITY IN EFFECTIVE STRATEGIES TO SUPPORT THEIR CHILDREN, YOUTH AND FAMILIES. THE ORGANIZATION NURTURES PARTNERSHIPS, PROVIDES SUSTAINABILITY TO COMMUNITY ACTIVITIES, AND HELPS TO CREATE THE LOCAL CONDITIONS NECESSARY TO FOSTER A SHARED VISION AND PROMOTE THE HELATHY DEVELOPMENT OF A THRIVING CITY.

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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%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $114,981
Program Service Revenue $0
Investment Income $0
Other Revenue $45,274
TOTAL REVENUE $160,255

Expense Breakdown

Grants Paid $0
Salaries & Benefits $28,214
Fundraising Expenses $0
Program Expenses $100,968
Other Expenses $81,254
TOTAL EXPENSES $109,468

Year-over-Year Comparison

2024 2023 Change
Revenue $160,255 $105,123 +0.5%
Expenses $109,468 $112,148 0.0%
Net Income $50,787 $-7,025 -8.2%
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

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Governance

Voting Members
10
Independent Members
10
Employees
3
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
5
$0
Total Directors
4
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
ANNE-MARIE MASTRACCIO DIRECTOR N/A
Director
$0 $0 $0
CONNIE ROUX DIRECTOR N/A
Director
$0 $0 $0
ERICKA SANBORD DIRECTOR N/A
Director
$0 $0 $0
KENDRA WILLIAMS DIRECTOR N/A
Director
$0 $0 $0
LISA BLANCHETTE PRESIDENT N/A
Officer
$0 $0 $0
TEENA BOURQUE TREASURER N/A
Officer
$0 $0 $0
REBECCA BROWN VICE PRESIDE N/A
Officer
$0 $0 $0
SUSAN MURPHY PAST PRESIDE N/A
Officer
$0 $0 $0
MELISSA SIMPSON SECRETARY N/A
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
2024 $160,255 $109,468 $131,750 $50,787
2023 $105,123 $112,148 $81,776 $-7,025
2022 $76,114 $114,508 $88,801 $-38,394
2021 $100,807 $101,712 $127,195 $-905
2020 $248,840 $189,643 $128,100 $59,197
2019 $206,431 $181,854 $68,903 $24,577
2018 $173,162 $195,426 $44,326 $-22,264
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