Friends of the Weston Community Inc

EIN: 870938640 501(c)(3) Arts, Culture & Humanities

Weston, VT

Total Revenue
$301,822
Total Expenses
$51,955
Total Assets
$494,862
Net Assets
$494,862
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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
2021
Legal Domicile
VT
Principal Officer
Wayne Granquist
Phone
8028244100
Tax Period
2023-01-01 to 2023-12-31

Friends of the Weston Community Inc, founded in 2021, is a small nonprofit in the Arts, Culture & Humanities sector that reported $302K in total revenue in fiscal year 2023. The organization ran a surplus of $250K, a strong 83% operating margin.

Mission

To support charitable projects and activities that benefit the Weston community. The most significant activity is supporting the Wilder Memorial Library in its expansion plans.

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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 (2023)

Revenue Breakdown

Contributions & Grants $301,824
Program Service Revenue $0
Investment Income $-2
Other Revenue $0
TOTAL REVENUE $301,822

Expense Breakdown

Grants Paid $16,000
Salaries & Benefits $0
Fundraising Expenses $2,192
Program Expenses $49,088
Other Expenses $35,955
TOTAL EXPENSES $51,955

Year-over-Year Comparison

2023 2022 Change
Revenue $301,822 N/A N/A
Expenses $51,955 N/A N/A
Net Income $249,867 N/A N/A
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
4
Independent Members
4
Employees
N/A
Volunteers
15

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
3
$0
Total Directors
4
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Wayne Granquist President 10.00
Officer Director
$0 $0 $0
Linda Saarnijoki Secretary 10.00
Officer Director
$0 $0 $0
Deborah Granquist Treasurer 10.00
Officer Director
$0 $0 $0
Geof Brown 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 No data No data No data No data
2023 $301,822 $51,955 $494,862 $249,867
2021 $262,500 $12,398 $250,102 $250,102
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