GREENS LEDGE LIGHT PRESERVATION SOCIETY INC (EIN 813221399) - 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

2015

Legal Domicile

Principal Officer

TIMOTHY PETTEE

Phone

9178475333

Tax Period

2023-10-01 to 2024-09-30

GREENS LEDGE LIGHT PRESERVATION SOCIETY INC, founded in 2015, is a small nonprofit in the Arts, Culture & Humanities sector that reported $722K in total revenue in fiscal year 2023. Revenue decreased 7% compared to the prior year. The organization ran a surplus of $413K, a strong 57% operating margin.

Mission

RESTORE AND PRESERVE GREENS LEDGE LIGHT, A HISTORIC OFFSHORE LIGHTHOUSE IN LONG ISLAND SOUND.

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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 (2023)

Revenue Breakdown

Contributions & Grants $545,572

Program Service Revenue $93,239

Investment Income $6,948

Other Revenue $76,198

TOTAL REVENUE $721,957

Expense Breakdown

Grants Paid $800

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $252,078

Other Expenses $307,804

TOTAL EXPENSES $308,604

Year-over-Year Comparison

	2023	2022	Change
Revenue	$721,957	$776,294	-0.1%
Expenses	$308,604	$246,627	+0.3%
Net Income	$413,353	$529,667	-0.2%

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

N/A

Volunteers

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
ANTHONY DECHELLIS	DIRECTOR	1.00	Director	$0	$0	$0
BRENDAN MCGEE	SECRETARY	5.00	Officer Director	$0	$0	$0
TOM MURPHY	DIRECTOR	1.00	Director	$0	$0	$0
KATHY OLSEN	DIRECTOR	1.00	Director	$0	$0	$0
ALEX PETTEE	TREASURER	15.00	Officer Director	$0	$0	$0
TIMOTHY PETTEE	PRESIDENT	10.00	Officer Director	$0	$0	$0
PETER TOMBROS	DIRECTOR	1.00	Director	$0	$0	$0
CHRIS WALKER	DIRECTOR	1.00	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	$721,957	$308,604	$1,236,180	$413,353
2023	$776,294	$246,627	$817,885	$529,667
2022	$421,856	$333,529	$288,218	$88,327
2021	$622,554	$743,607	$199,891	$-121,053
2020	$436,930	$568,140	$320,944	$-131,210
2019	$461,994	$644,624	$452,154	$-182,630
2018	$653,163	$244,134	$634,784	$409,029

GREENS LEDGE LIGHT PRESERVATION SOCIETY INC