BRIDGTON FOOD PANTRY

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

2019

Legal Domicile

Principal Officer

CARMEN LONE

Phone

2076474476

Tax Period

2024-07-01 to 2025-06-30

BRIDGTON FOOD PANTRY, founded in 2019, is a community nonprofit in the Food, Agriculture & Nutrition sector that reported $1.2M in total revenue in fiscal year 2024. Revenue surged 250% from the prior year, signaling strong growth momentum. The organization ran a surplus of $1.0M, a strong 83% operating margin.

Mission

TO PROVIDE FREE FOOD TO THOSE IN NEED IN THE LAKES REGION AREA OF MAINE. THIS YEAR THE PANTRY DISTRIBUTED AN AVERAGE OF FOOD TO 197 FAMILIES A WEEK, AND HAS A TOTAL CLIENT BASE OF ABOUT 600 TO INDIVIDUALS AND FAMILIES IN NEED IN THE BRIDGTON AREA.

Program Service Accomplishments

Program 1

Expenses: $190,774

THE FOOD PANTRY PROVIDES FOOD TO NEEDY FAMILIES IN THE LAKE REGION AREA OF MAINE.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $1,213,589

Program Service Revenue $0

Investment Income $2,207

Other Revenue $0

TOTAL REVENUE $1,215,796

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $4,219

Program Expenses $190,774

Other Expenses $200,601

TOTAL EXPENSES $200,857

Year-over-Year Comparison

	2024	2023	Change
Revenue	$1,215,796	$347,157	+2.5%
Expenses	$200,857	$154,316	+0.3%
Net Income	$1,014,939	$192,841	+4.3%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

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
JOE BALCHUNAS	TREASURER	8.00	Officer Director	$0	$0	$0
DAVID BREEN	TRUSTEE	4.00	Director	$0	$0	$0
REED HOLDEN	TRUSTEE	5.00	Director	$0	$0	$0
JULIE JAMESON	TRUSTEE	2.00	Director	$0	$0	$0
CARMEN LONE	PRESIDENT	12.00	Officer Director	$0	$0	$0
ROXIE WARD	SECRETARY	2.00	Officer Director	$0	$0	$0
LYNN WELBOURN	TRUSTEE	2.00	Director	$0	$0	$0
JOHN WILKERSON	TRUSTEE	2.00	Director	$0	$0	$0
MIDGE SILVO WILLIAMSON	TRUSTEE	2.00	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
2025	$1,215,796	$200,857	$1,396,315	$1,014,939
2024	$347,157	$154,316	$368,172	$192,841