THE RECOMPENSE FUND (EIN 844249483) - 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

2020

Legal Domicile

Principal Officer

MICHAEL MCNULTY

Phone

2078383163

Tax Period

2024-01-01 to 2024-12-31

THE RECOMPENSE FUND, founded in 2020, is a small nonprofit in the Human Services sector that reported $325K in total revenue in fiscal year 2024. Revenue grew 18% year-over-year, indicating healthy expansion. The organization ran a surplus of $229K, a strong 71% operating margin.

Mission

TO SUPPORT CHARITABLE AND COMMUNITY ORGANIZATIONS ON CHEBEAGUE ISLAND, ME

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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 $181,126

Program Service Revenue $0

Investment Income $143,701

Other Revenue $0

TOTAL REVENUE $324,827

Expense Breakdown

Grants Paid $67,000

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $67,000

Other Expenses $28,638

TOTAL EXPENSES $95,638

Year-over-Year Comparison

	2024	2023	Change
Revenue	$324,827	$274,693	+0.2%
Expenses	$95,638	$101,148	-0.1%
Net Income	$229,189	$173,545	+0.3%

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
BEVERLY JOHNSON	VICE CHAIR	3.00	Officer Director	$0	$0	$0
SCOTT SEARWAY	MEMBER	2.00	Director	$0	$0	$0
ELAINE CLARK	MEMBER	2.00	Director	$0	$0	$0
JAMES VAN FLEET	TREASURER	2.00	Officer Director	$0	$0	$0
MICHAEL MCNULTY	MEMBER	1.00	Director	$0	$0	$0
JUSTIN DOUGHTY	MEMBER	1.00	Director	$0	$0	$0
CHIP EMERY	MEMBER	1.00	Director	$0	$0	$0
VICKI TODD	MEMBER	1.00	Director	$0	$0	$0
BETTS MAYER	MEMBER	1.00	Director	$0	$0	$0
LAURA SUMMA	MEMBER	1.00	Director	$0	$0	$0
MEREDITH BEAUPRE	MEMBER	1.00	Director	$0	$0	$0
ABBY JULIEN	MEMBER	1.00	Director	$0	$0	$0
MORRISON WEBB	CHAIR	1.00	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
2024	$324,827	$95,638	$1,523,855	$229,189
2023	$274,693	$101,148	$1,298,466	$173,545
2022	$190,310	$79,707	$1,088,584	$110,603
2021	$188,269	$73,740	$1,136,865	$114,529
2020	$907,915	$70,052	$920,950	$837,863

THE RECOMPENSE FUND