WESTFORD FRIENDS OF RECREATION INC (EIN 810594428) - 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

2003

Legal Domicile

Principal Officer

KRISTI BATES

Phone

9786926487

Tax Period

2020-01-01 to 2020-12-31

WESTFORD FRIENDS OF RECREATION INC, founded in 2003, is a micro nonprofit in the Recreation & Sports sector that reported $266 in total revenue in fiscal year 2020. Revenue fell 86% from the prior year — a significant decline worth monitoring. Expenses of $435 exceeded revenue, resulting in a 64% operating deficit.

Mission

TO MAINTAIN AN ASSOCIATION OF CIVIC MINDED PERSONS TO PROMOTE AND CARRY OUT ACTIVITIES CONSISTENT WITH SUPPORTING THE ENCOURAGEMENT, FORMATION, ENLARGEMENT AND BROADENING OF RECREATIONAL SERVICES AND ACTIVITIES WITHIN THE TOWN OF WESTFORD, MASSACHUSETTS AND ITS ENVIRONS.

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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 (2020)

Revenue Breakdown

Contributions & Grants $266

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $266

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Other Expenses $435

TOTAL EXPENSES $435

Year-over-Year Comparison

	2020	2019	Change
Revenue	$266	$1,950	-0.9%
Expenses	$435	$18,186	-1.0%
Net Income	$-169	$-16,236	-1.0%

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

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

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
CHRIS BARRETT	PRESIDENT	N/A	Officer Director	$0	$0	$0
KRISTI BATES	TREASURER	N/A	Officer Director	$0	$0	$0
KACY CAVISTON	CLERK	N/A	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
2020	$266	$435	$3,055	$-169
2019	$1,950	$18,186	$3,224	$-16,236
2018	$2,603	$43,821	$135,253	$-41,218

WESTFORD FRIENDS OF RECREATION INC