Vineyard Power Development Fund Inc (EIN 872762989) - 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

2021

Legal Domicile

Principal Officer

Richard Andre

Phone

5086933002

Tax Period

2023-01-01 to 2023-12-31

Vineyard Power Development Fund Inc, founded in 2021, is a small nonprofit in the Philanthropy & Grantmaking sector that reported $838K in total revenue in fiscal year 2023. The organization ran a surplus of $153K, a strong 18% operating margin.

Mission

Fosters local, renewable energy resources and energy efficiencies within the community.

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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 (2023)

Revenue Breakdown

Contributions & Grants $380,768

Program Service Revenue $456,106

Investment Income $922

Other Revenue $25

TOTAL REVENUE $837,821

Expense Breakdown

Grants Paid $191,634

Salaries & Benefits $389,641

Fundraising Expenses $0

Program Expenses $576,065

Other Expenses $103,312

TOTAL EXPENSES $684,587

Year-over-Year Comparison

	2023	2022	Change
Revenue	$837,821	N/A	N/A
Expenses	$684,587	N/A	N/A
Net Income	$153,234	$0	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

Governance

Voting Members

Independent Members

Employees

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

$142,658

Total Directors

$142,658

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Michael Jacobs	Chairman	0.50	Officer Director	$0	$0	$0
Rob Hannemann	Treasurer	0.50	Officer Director	$0	$0	$0
William Lake	Clerk	0.50	Officer Director	$0	$0	$0
Ann Berwick	Director	0.50	Director	$0	$0	$0
Ron Dagostino	Past Director	0.50	Director	$0	$0	$0
Richard Andre	President	24.00	Officer Director	$131,106	$11,552	$142,658

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	$837,821	$684,587	$232,081	$153,234

Vineyard Power Development Fund Inc