Windward Sails Charitable Foundation Inc (EIN 881325855) - 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

2022

Legal Domicile

Principal Officer

Robert P Maloney

Phone

6174568000

Tax Period

2023-01-01 to 2023-12-31

Windward Sails Charitable Foundation Inc, founded in 2022, is a small nonprofit in the Human Services sector that reported $197K in total revenue in fiscal year 2023. Expenses of $238K exceeded revenue, resulting in a 21% operating deficit.

Mission

To Build, develop, and foster a community for adults with disabilities and senior citizens by building and operating a community center providing eductional, fitness, and recreational programs.

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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 $196,336

Program Service Revenue $0

Investment Income $472

Other Revenue $0

TOTAL REVENUE $196,808

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $214,443

Other Expenses $238,116

TOTAL EXPENSES $238,116

Year-over-Year Comparison

	2023	2022	Change
Revenue	$196,808	N/A	N/A
Expenses	$238,116	N/A	N/A
Net Income	$-41,308	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

Governance

Voting Members

Independent Members

N/A

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
Patricia Cusack President Director	15134 Brolio Lane, Naples, FL 34110	5.00	Officer Director	$0	$0	$0
Michael Cusack Treasur Director	15134 Brolio Lane, Naples, FL 34110	5.00	Officer Director	$0	$0	$0
Robert P Maloney Clerk	One International Place, Ste 3700, Boston, MA 02110	1.00	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
2024	No data	No data	No data	No data
2023	$196,808	$238,116	$7,692	$-41,308

Windward Sails Charitable Foundation Inc