CONWAY HISTORICAL SOCIETY

EIN: 026010433 501(c)(3)

CONWAY, NH

Total Revenue
$70,592
Total Expenses
$231,533
Total Assets
$1,593,748
Net Assets
$1,591,694
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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
1935
Legal Domicile
NH
Principal Officer
KENNETH RANCOURT
Phone
6034475551
Tax Period
2024-01-01 to 2024-12-31

CONWAY HISTORICAL SOCIETY, founded in 1935, is a micro nonprofit that reported $71K in total revenue in fiscal year 2024. Revenue fell 48% from the prior year — a significant decline worth monitoring. Expenses of $232K exceeded revenue, resulting in a 228% operating deficit.

Mission

PRESERVATION OF THE HISTORY OF THE TOWN OF CONWAY, NEW HAMPSHIRE AND EDUCATION OF THE CURRENT RESIDENTS WITH REGARDS TO THE TOWN'S HISTORY.

Program Service Accomplishments

Program 1
Expenses: $193,751 Revenue: $33

THE ORGANIZATION'S PURPOSE IS THE PRESERVATION AND EDUCATION OF THE HISTORY OF CONWAY, NH THROUGH THE MAINTENANCE AND OPERATION OF A MUSEUM AND ARTS CENTER, QUARTERLY NEWLETTERS, PERIODIC EVENTS, AND...

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THE ORGANIZATION'S PURPOSE IS THE PRESERVATION AND EDUCATION OF THE HISTORY OF CONWAY, NH THROUGH THE MAINTENANCE AND OPERATION OF A MUSEUM AND ARTS CENTER, QUARTERLY NEWLETTERS, PERIODIC EVENTS, AND AN ANNUAL BROCHURE.

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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 (2024)

Revenue Breakdown

Contributions & Grants $19,226
Program Service Revenue $0
Investment Income $31,117
Other Revenue $20,249
TOTAL REVENUE $70,592

Expense Breakdown

Grants Paid $0
Salaries & Benefits $61,477
Fundraising Expenses $0
Program Expenses $193,751
Other Expenses $170,056
TOTAL EXPENSES $231,533

Year-over-Year Comparison

2024 2023 Change
Revenue $70,592 $136,813 -0.5%
Expenses $231,533 $84,393 +1.7%
Net Income $-160,941 $52,420 -4.1%
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

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Governance

Voting Members
8
Independent Members
8
Employees
2
Volunteers
40

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
5
$44,716
Total Directors
9
$44,716
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
KENNETH RANCOURT PRESIDENT 4.00
Officer Director
$0 $0 $0
BRIAN WIGGIN VICE PRESIDENT 4.00
Officer Director
$0 $0 $0
JANE RANCOURT SECRETARY 4.00
Officer Director
$0 $0 $0
GARY MACDONALD TREASURER 4.00
Officer Director
$0 $0 $0
TIMOTHY QUINT DIRECTOR 2.00
Director
$0 $0 $0
JOSEPH PHILLIPS DIRECTOR 2.00
Director
$0 $0 $0
HEATHER CORRIGAN EXECUTIVE DIRECTOR 32.00
Officer Director
$44,716 $0 $44,716
TED HOUNSELL DIRECTOR 2.00
Director
$0 $0 $0
BLAINE NELSON DIRECTOR 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 No data No data No data No data
2024 $70,592 $231,533 $1,593,748 $-160,941
2023 $136,813 $84,393 $1,706,883 $52,420
2022 $43,519 $71,989 $1,583,659 $-28,470
2021 $75,281 $61,159 $1,747,051 $14,122
2020 $75,224 $62,503 $1,705,910 $12,721
2019 $88,612 $68,988 $1,645,191 $19,624
2018 $66,736 $64,069 $1,565,000 $2,667
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