HANOVER IMPROVEMENT SOCIETY CORPORATION (EIN 020392580) - 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

1984

Legal Domicile

Principal Officer

PHILLIP MCCAULL

Phone

6036432408

Tax Period

2024-04-01 to 2025-03-31

HANOVER IMPROVEMENT SOCIETY CORPORATION, founded in 1984, is a community nonprofit in the Recreation & Sports sector that reported $2.3M in total revenue in fiscal year 2024. Revenue decreased 20% compared to the prior year. The organization ran a surplus of $409K, a strong 18% operating margin.

Mission

TO MAKE HANOVER, NEW HAMPSHIRE A BETTER PLACE.

🔒

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 $460,817

Program Service Revenue $1,559,940

Investment Income $227,653

Other Revenue $46,761

TOTAL REVENUE $2,295,171

Expense Breakdown

Grants Paid $0

Salaries & Benefits $790,929

Fundraising Expenses $5,283

Program Expenses $1,543,245

Other Expenses $1,095,270

TOTAL EXPENSES $1,886,199

Year-over-Year Comparison

	2024	2023	Change
Revenue	$2,295,171	$2,852,461	-0.2%
Expenses	$1,886,199	$2,034,122	-0.1%
Net Income	$408,972	$818,339	-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

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

$125,583

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
ARICCA VAN CITTERS	PRESIDENT	5.00	Officer Director	$0	$0	$0
AMY HOCHREITER	VICE PRESIDENT	2.00	Officer Director	$0	$0	$0
PHILLIP MCCAULL	TREASURER	3.00	Officer Director	$0	$0	$0
AMY GOOD	SECRETARY	1.00	Officer Director	$0	$0	$0
RICK LEMAY	DIRECTOR	1.00	Director	$0	$0	$0
KRISTINE MCDEVITT	DIRECTOR	1.00	Director	$0	$0	$0
KERRY ARTMAN	DIRECTOR	1.00	Director	$0	$0	$0
JEFF GRAHAM	GENERAL MANAGER	40.00	Officer	$119,646	$5,937	$125,583

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	$2,295,171	$1,886,199	$12,991,535	$408,972
2024	$2,852,461	$2,034,122	$12,649,791	$818,339
2023	$4,028,196	$1,875,934	$11,800,445	$2,152,262
2022	$3,942,622	$1,673,115	$9,961,793	$2,269,507
2021	$1,096,485	$1,203,035	$7,933,275	$-106,550
2020	$2,285,303	$2,079,354	$6,967,790	$205,949
2019	$2,264,343	$2,172,779	$7,164,773	$91,564

HANOVER IMPROVEMENT SOCIETY CORPORATION