HOLBROOK COMMUNITY FOUNDATION

EIN: 861162382 501(c)(3) Arts, Culture & Humanities

BRUNSWICK, ME

Total Revenue
$205,436
Total Expenses
$224,277
Total Assets
$1,515,254
Net Assets
$1,465,617
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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
2005
Legal Domicile
ME
Principal Officer
PETER GRIFFIN
Phone
2077254505
Tax Period
2024-07-01 to 2025-06-30

HOLBROOK COMMUNITY FOUNDATION, founded in 2005, is a small nonprofit in the Arts, Culture & Humanities sector that reported $205K in total revenue in fiscal year 2024. Net assets of $1.5M represent 86 months of operating reserves.

Mission

TO PROVIDE FOR PROTECTION OF THE COASTAL HERITAGE OF HARPSWELL, MAINE AND SURROUNDING AREA; PRESERVE HARPSWELL'S COMMUNITY SHOREFRONT INFRASTRUCTURE AND FISHING INDUSTRY; PROTECT KEY COMMUNITY ASSETS; SUPPORT WATERFRONT USES; EDUCATE THE PUBLIC.

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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%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $123,551
Program Service Revenue $81,768
Investment Income $117
Other Revenue $0
TOTAL REVENUE $205,436

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $224,277
Other Expenses $224,277
TOTAL EXPENSES $224,277

Year-over-Year Comparison

2024 2023 Change
Revenue $205,436 $204,998 +0.0%
Expenses $224,277 $200,156 +0.1%
Net Income $-18,841 $4,842 -4.9%
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

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Governance

Voting Members
17
Independent Members
17
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
5
$0
Total Directors
12
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
GREG BARMORE TRUSTEE/DIRE N/A
Director
$0 $0 $0
CHARLES BENEKE TRUSTEE/DIRE N/A
Director
$0 $0 $0
SARAH BENEKE TRUSTEE/DIRE N/A
Director
$0 $0 $0
ANNE FLANNERY TRUSTEE/DIRE N/A
Director
$0 $0 $0
BERNICE KENNEY TRUSTEE/DIRE N/A
Director
$0 $0 $0
MARY SUSAN LEAHY TRUSTEE/DIRE N/A
Director
$0 $0 $0
JOAN MELROY TRUSTEE/DIRE N/A
Director
$0 $0 $0
PETER MELROY TRUSTEE/DIRE N/A
Director
$0 $0 $0
CHRISTY PULSIFER TRUSTEE/DIRE N/A
Director
$0 $0 $0
NANCY WEST TRUSTEE/DIRE N/A
Director
$0 $0 $0
LORI WILLIAMS TRUSTEE/DIRE N/A
Director
$0 $0 $0
MIKE WILLIAMS TRUSTEE/DIRE N/A
Director
$0 $0 $0
HARRIETTE GRIFFIN CO-SECRETARY N/A
Officer
$0 $0 $0
PETER GRIFFIN TREASURER N/A
Officer
$0 $0 $0
PAIGE MANGUM CO-SECRETARY N/A
Officer
$0 $0 $0
MACKIN PULSIFER VICE PRESIDE N/A
Officer
$0 $0 $0
DEIRDRE STRACHAN PRESIDENT N/A
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
2025 $205,436 $224,277 $1,515,254 $-18,841
2024 $204,998 $200,156 $1,559,503 $4,842
2023 $149,002 $157,707 $1,579,747 $-8,705
2022 $178,193 $161,330 $1,624,039 $16,863
2021 $126,885 $144,457 $1,830,902 $-17,572
2020 $170,485 $134,479 $1,722,901 $36,006
2019 $128,018 $146,805 $1,698,898 $-18,787
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