CROMWELL HARBOR SUPPORTING FOUNDATION INC (EIN 873060445) - 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

WILLIAM N THORNDIKE JR

Phone

6172485000

Tax Period

2023-07-01 to 2024-06-30

CROMWELL HARBOR SUPPORTING FOUNDATION INC, founded in 2021, is a community nonprofit in the Philanthropy & Grantmaking sector that reported $5.0M in total revenue in fiscal year 2023. Revenue fell 74% from the prior year — a significant decline worth monitoring. The organization ran a surplus of $2.5M, a strong 51% operating margin.

Mission

A SECTION 509(A)(3) SUPPORTING ORGANIZATION OF THE BOSTON FOUNDATION.

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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 $4,834,125

Program Service Revenue $0

Investment Income $473,958

Other Revenue $-318,242

TOTAL REVENUE $4,989,841

Expense Breakdown

Grants Paid $2,383,667

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $2,383,667

Other Expenses $61,190

TOTAL EXPENSES $2,444,857

Year-over-Year Comparison

	2023	2022	Change
Revenue	$4,989,841	$19,072,513	-0.7%
Expenses	$2,444,857	$393,866	+5.2%
Net Income	$2,544,984	$18,678,647	-0.9%

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

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
WILLIAM N THORNDIKE JR	PRESIDENT, TREASURER & CIO	1.00	Officer Director	$0	$0	$0
GENEVA S THORNDIKE	CLERK	1.00	Officer Director	$0	$0	$0
M LEE PELTON	DIRECTOR	1.00	Director	$0	$0	$0
THOMAS BIRD	DIRECTOR	1.00	Director	$0	$0	$0
CHARLES CHEEVER	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
2025	No data	No data	No data	No data
2024	$4,989,841	$2,444,857	$44,770,130	$2,544,984
2023	$19,072,513	$393,866	$42,497,529	$18,678,647
2022	$14,043,991	$369,000	$13,927,704	$13,674,991

CROMWELL HARBOR SUPPORTING FOUNDATION INC