MOUNT DESERT 365 (EIN 821645703) - 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

2017

Legal Domicile

Principal Officer

RICHARD SAVAGE

Phone

2072760555

Tax Period

2024-01-01 to 2024-12-31

MOUNT DESERT 365, founded in 2017, is a community nonprofit in the Community Improvement sector that reported $2.7M in total revenue in fiscal year 2024. Revenue surged 730% from the prior year, signaling strong growth momentum. The organization ran a surplus of $2.1M, a strong 76% operating margin.

Mission

CHARITABLE PURPOSES INCLUDING LESSENING THE BURDENS OF GOVERNMENT AND COMBATING COMMUNITY DETERIORATION IN THE TOWN OF MOUNT DESERT, MAINE.

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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 $2,519,961

Program Service Revenue $125,165

Investment Income $75,135

Other Revenue $0

TOTAL REVENUE $2,720,261

Expense Breakdown

Grants Paid $1,500

Salaries & Benefits $273,593

Fundraising Expenses $18,534

Program Expenses $495,090

Other Expenses $379,726

TOTAL EXPENSES $654,819

Year-over-Year Comparison

	2024	2023	Change
Revenue	$2,720,261	$327,745	+7.3%
Expenses	$654,819	$652,273	+0.0%
Net Income	$2,065,442	$-324,528	-7.4%

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

$147,870

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
KATHLEEN MILLER	EXECUTIVE DI	40.00	Officer	$143,820	$4,050	$147,870
RODNEY EASON	DIRECTOR	2.00	Director	$0	$0	$0
DANIEL JAMES FALT	TREASURER	N/A	Officer Director	$0	$0	$0
H WINSTON HOLT IV	DIRECTOR	2.00	Director	$0	$0	$0
PHILIP MORIARTY	PRESIDENT /T	2.00	Officer Director	$0	$0	$0
MITCHELL RALES	SECRETARY	2.00	Officer Director	$0	$0	$0
STEVEN RALES	PRESIDENT	2.00	Officer Director	$0	$0	$0
NADIA ROSENTHAL	SECRETARY	2.00	Officer Director	$0	$0	$0
RICHARD SAVAGE	PRESIDENT	2.00	Officer Director	$0	$0	$0
HENRY SCHMELZER	TREASURER	2.00	Officer Director	$0	$0	$0
C SCOTT BRANNAN	ASST. TREASU	6.00	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	$2,720,261	$654,819	$11,953,618	$2,065,442
2023	$327,745	$652,273	$9,908,522	$-324,528
2022	$159,519	$628,130	$10,254,728	$-468,611
2021	$1,510,012	$623,655	$10,747,370	$886,357
2020	$2,053,345	$464,082	$9,867,430	$1,589,263
2019	$1,047,706	$431,211	$7,731,009	$616,495
2018	$1,059,962	$542,658	$6,633,672	$517,304

MOUNT DESERT 365