WATERVILLE HISTORICAL SOCIETY (EIN 016010923) - 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

1903

Legal Domicile

Principal Officer

BRUCE WHITE

Phone

2078729439

Tax Period

2024-06-01 to 2025-05-31

WATERVILLE HISTORICAL SOCIETY, founded in 1903, is a micro nonprofit that reported $47K in total revenue in fiscal year 2024. Revenue fell 79% from the prior year — a significant decline worth monitoring. Expenses of $82K exceeded revenue, resulting in a 76% operating deficit.

Mission

AREA HISTORICAL EDUCATION.

🔒

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 $33,880

Program Service Revenue $0

Investment Income $12,634

Other Revenue $0

TOTAL REVENUE $46,514

Expense Breakdown

Grants Paid $0

Salaries & Benefits $11,817

Fundraising Expenses $1,658

Program Expenses $43,253

Other Expenses $70,242

TOTAL EXPENSES $82,059

Year-over-Year Comparison

	2024	2023	Change
Revenue	$46,514	$223,435	-0.8%
Expenses	$82,059	$92,886	-0.1%
Net Income	$-35,545	$130,549	-1.3%

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
JOE SCHMALZEL	PRESIDENT	2.00	Officer Director	$0	$0	$0
JULIE MILLER-SOROS	1ST VICE PRE	2.00	Officer Director	$0	$0	$0
CARL CLICHE	2ND VICE PRE	2.00	Officer Director	$0	$0	$0
BRUCE WHITE	TREASURER	2.00	Officer Director	$0	$0	$0
KIM LINDLOF	SECRETARY	2.00	Officer Director	$0	$0	$0
JAY VIOLETTE	PAST PRESIDE	2.00	Officer Director	$0	$0	$0
DAN BERNIER	TRUSTEE	2.00	Director	$0	$0	$0
ANN BEVERAGE	TRUSTEE	2.00	Director	$0	$0	$0
JUDY BRODY	TRUSTEE	2.00	Director	$0	$0	$0
FRED CLARK	TRUSTEE	2.00	Director	$0	$0	$0
BRYAN KAENRATH	TRUSTEE	2.00	Director	$0	$0	$0
APRIL LE	TRUSTEE	2.00	Director	$0	$0	$0
DON MARDEN	TRUSTEE	2.00	Director	$0	$0	$0
NINA MITCHELL	STUDENT REP	2.00	Director	$0	$0	$0
THOMAS J NALE SR	TRUSTEE	2.00	Director	$0	$0	$0
ANDY ROSENTHAL	TRUSTEE	2.00	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	$46,514	$82,059	$507,663	$-35,545
2024	$223,435	$92,886	$521,916	$130,549
2021	$64,635	$54,655	$441,651	$9,980
2020	$46,231	$51,967	$395,686	$-5,736
2019	$119,361	$52,714	$405,950	$66,647

WATERVILLE HISTORICAL SOCIETY