Aquinnah Gay Head Community Assoc Inc

EIN: 010775562 501(c)(3) Human Services

Chilmark, MA

Total Revenue
$112,704
Total Expenses
$92,424
Total Assets
$43,513
Net Assets
$-165,631
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2003
Legal Domicile
MA
Principal Officer
Lawrence J Hohlt
Phone
6465948956
Tax Period
2018-01-01 to 2018-12-31

Aquinnah Gay Head Community Assoc Inc, founded in 2003, is a small nonprofit in the Human Services sector that reported $113K in total revenue in fiscal year 2018. Revenue fell 43% from the prior year — a significant decline worth monitoring. The organization ran a surplus of $20K, a strong 18% operating margin.

Mission

Its purposes as set forth in its Articles of Incorporation are (a) to gather and disseminate information regarding the town's functions and operations, to facilitate such functions and operations, and to foster improvement in the quality of life for all people who own property or reside in or visit the Town, (b) to ensure the effective enforcement of all municipal laws and regulations, the proper collection and disbursement of public funds, and the prompt discharge of the Town's administrative responsibilities, (c) to assist the Town' public works, including the volunteer fire department, town library, playgrounds and beaches, (d) to encourage historic and environmental preservation in the Town, and (e) to carry on any other charitable or educational activity within the meaning of Sec. 501 (c) (3) or the applicable Massachusetts corporate laws. Our activities have been and are consistent with those purposes.

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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%)

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Financial Overview (2018)

Revenue Breakdown

Contributions & Grants $112,700
Program Service Revenue $0
Investment Income $4
Other Revenue $0
TOTAL REVENUE $112,704

Expense Breakdown

Grants Paid $3,000
Salaries & Benefits $0
Fundraising Expenses $7,970
Program Expenses $53,756
Other Expenses $89,424
TOTAL EXPENSES $92,424

Year-over-Year Comparison

2018 2017 Change
Revenue $112,704 $196,451 -0.4%
Expenses $92,424 $92,087 +0.0%
Net Income $20,280 $104,364 -0.8%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Liquidity & Cash Position

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Governance

Voting Members
19
Independent Members
19
Employees
N/A
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
4
$0
Total Directors
19
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Lawrence J Hohlt Director and President 9.00
Officer Director
$0 $0 $0
David Eisenberg Director & Vice President 6.00
Officer Director
$0 $0 $0
Charlotte Cook Director & Secretary 1.00
Officer Director
$0 $0 $0
Sarah Thulin Director & Treasurer 3.00
Officer Director
$0 $0 $0
Paula Eisenberg Director 1.00
Director
$0 $0 $0
Jack Fruchtman Director 1.00
Director
$0 $0 $0
Nathalie Gilfoyle Director 1.00
Director
$0 $0 $0
Morgan Hodgson Director 1.00
Director
$0 $0 $0
Hannah Malkin Director 1.00
Director
$0 $0 $0
Allen Polsby Director 1.00
Director
$0 $0 $0
Daniel Polsby Director 1.00
Director
$0 $0 $0
Michael Stutz Director 1.00
Director
$0 $0 $0
Camille Rose Director 1.00
Director
$0 $0 $0
Robert Rosenberg Director 1.00
Director
$0 $0 $0
Daniel Scheuer Director 1.00
Director
$0 $0 $0
Peter Temple Director 1.00
Director
$0 $0 $0
David Wice Director 1.00
Director
$0 $0 $0
Arnold Zack Director 1.00
Director
$0 $0 $0
Matthew Born 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
2018 $112,704 $92,424 $43,513 $20,280
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