CHATHAM ROCK ISLAND INC (EIN 921044248) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

2022

Legal Domicile

Principal Officer

DR GARY KALAN

Phone

6106083858

Tax Period

2024-01-01 to 2024-12-31

CHATHAM ROCK ISLAND INC, founded in 2022, is a small nonprofit in the Environment sector that reported $182K in total revenue in fiscal year 2024. Revenue fell 42% from the prior year — a significant decline worth monitoring. The organization ran a surplus of $141K, a strong 78% operating margin.

Mission

THE ORGANIZATION WAS FORMED TO RAISE MONEY FOR THE RESTORATION OF THE STAMFORD HARBOR LIGHTHOUSE. THE LIGHTHOUSE IS ON THE NATIONAL REGISTER OF HISTORIC PLACES. IT HAS BEEN PRIVATELY OWNED FOR MANY YEARS. IT IS IN POOR CONDITION AND IS IN URGENT NEED OF REPAIR.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $176,350

Program Service Revenue $0

Investment Income $5,154

Other Revenue $0

TOTAL REVENUE $181,504

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $26,601

Other Expenses $40,365

TOTAL EXPENSES $40,365

Year-over-Year Comparison

	2024	2023	Change
Revenue	$181,504	$312,956	-0.4%
Expenses	$40,365	$19,047	+1.1%
Net Income	$141,139	$293,909	-0.5%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

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
HEATHER CAVANAGH	DIRECTOR	5.00	Director	$0	$0	$0
GUY FORTT	DIRECTOR	1.00	Director	$0	$0	$0
DAVID GURNEY	DIRECTOR	5.00	Director	$0	$0	$0
DAMIAN ORTELLI	DIRECTOR	1.00	Director	$0	$0	$0
PAUL PUGLIESI	DIRECTOR	1.00	Director	$0	$0	$0
NICK VACCARO	DIRECTOR	1.00	Director	$0	$0	$0
DR GARY KALAN	PRESIDENT	20.00	Officer	$0	$0	$0
BRENDAN MCGEE	VICE PRESIDE	20.00	Officer	$0	$0	$0
TREZEVANT MOORE	TREASURER	10.00	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
2025	No data	No data	No data	No data
2024	$181,504	$40,365	$735,112	$141,139
2023	$312,956	$19,047	$743,909	$293,909

CHATHAM ROCK ISLAND INC