FRIENDS OF ASTORIA COLUMN INC

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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

1988

Legal Domicile

Principal Officer

JORDAN SCHNITZER

Phone

5033252963

Tax Period

2024-01-01 to 2024-12-31

FRIENDS OF ASTORIA COLUMN INC, founded in 1988, is a small nonprofit that reported $775K in total revenue in fiscal year 2024. The organization ran a surplus of $132K, a strong 17% operating margin.

Mission

THE FRIENDS OF ASTORIA COLUMN IS AN ORGANIZATION DEDICATED TO PRESERVATION, STEWARDSHIP, MAINTENANCE AND PUBLIC EDUCATION OF THE HISTORIC ASTORIA COLUMN MONUMENT LOCATED ATOP COXCOMB HILL IN ASTORIA, OREGON.

Program Service Accomplishments

Program 1

Expenses: $531,013 Revenue: $316,486

ASTORIA COLUMN-RESTORATION, PRESERVATION, MAINTENANCE AND OPERATION EXPENSES OF 98 YEAR OLD HISTORIC MONUMENT ATOP COXCOMB HILL IN ASTORIA, OREGON.

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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 (2024)

Revenue Breakdown

Contributions & Grants $430,847

Program Service Revenue $0

Investment Income $23,794

Other Revenue $320,686

TOTAL REVENUE $775,327

Expense Breakdown

Grants Paid $73,023

Salaries & Benefits $338,139

Fundraising Expenses $0

Program Expenses $531,013

Other Expenses $232,224

TOTAL EXPENSES $643,386

Year-over-Year Comparison

	2024	2023	Change
Revenue	$775,327	$808,188	0.0%
Expenses	$643,386	$576,541	+0.1%
Net Income	$131,941	$231,647	-0.4%

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

N/A

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
JORDAN SCHNITZER	PRESIDENT	5.00	Officer Director	$0	$0	$0
BRUCE CONNOR	DIRECTOR	1.00	Director	$0	$0	$0
KAREN WHITMAN	SECRETARY	5.00	Officer Director	$0	$0	$0
ROBERT BALL	DIRECTOR	1.00	Director	$0	$0	$0
MIKE LINDBERG	DIRECTOR	1.00	Director	$0	$0	$0
TRUDY CITOVIC	DIRECTOR	1.00	Director	$0	$0	$0
KEVIN LACOSTE	VICE PRESIDENT	5.00	Officer Director	$0	$0	$0
WILLIS VAN DUSEN	TREASURER	5.00	Officer Director	$0	$0	$0
DAVID OLSON	DIRECTOR	1.00	Director	$0	$0	$0
JONAH DART-MCLEAN	DIRECTOR EX-OFFICIO	1.00	Director	$0	$0	$0
MAYOR SEAN FITZPATRICK	DIRECTOR EX-OFFICIO	1.00	Director	$0	$0	$0
JANENE LARSON	DIRECTOR	1.00	Director	$0	$0	$0
KURT ENGLUND	DIRECTOR	1.00	Director	$0	$0	$0
LUKE COLVIN	DIRECTOR	1.00	Director	$0	$0	$0
MAC BURNS	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	$775,327	$643,386	$3,476,188	$131,941
2023	$808,188	$576,541	$3,223,690	$231,647
2022	$719,515	$503,128	$2,906,523	$216,387
2021	$634,329	$438,120	$2,767,399	$196,209
2020	$368,995	$380,913	$2,389,425	$-11,918
2019	$725,246	$486,257	$2,307,274	$238,989
2018	$692,069	$439,172	$2,004,653	$252,897