NEW ENGLAND ANTIQUITIES RESEARCH

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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

Legal Domicile

Principal Officer

ROBERT BUCHANAN

Phone

9147156482

Tax Period

2025-01-01 to 2025-12-31

NEW ENGLAND ANTIQUITIES RESEARCH is a micro nonprofit that reported $42K in total revenue in fiscal year 2025. Revenue decreased 15% compared to the prior year. Expenses of $37K left a modest 11% surplus.

Mission

THE PRIMARY TAX-EXEMPT PURPOSE OF NEARA IS TO EDUCATE ITS MEMBERS AND THE GENERAL PUBLIC ABOUT STONE STRUCTURES AND SITES THROUGHOUT THE NORTHEAST.

Program Service Accomplishments

Program 1

Expenses: $12,685

THE NEARA BOARD MET FOR A 2-DAY MEMBERSHIP RETREAT TO DISCUSS, DECIDE, AND IMPLEMENT WAYS TO IMPROVE ITS SERVICES TO MEMBERS AND TO CARRY OUT NEARA'S MISSION STATEMENT.

Program 2

Expenses: $15,953

NEARA HOSTED TWO CONFERENCES IN 2025. THESE CONFERENCES PRESENTED SPEAKERS WHO DISCUSSED RESEARCH INTO THE STONE STRUCTURES AND RELATED TOPICS.

Program 3

Expenses: $8,693

NEARA PRODUCED TWO NEWSLETTERS AND ONE JOURNAL IN 2025. THESE PUBLICATIONS PROVIDED INFORMATION ABOUT NEARA ACTIVITIES AND REPORTS REGARDING CURRENT RESEARCH.

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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 (2025)

Revenue Breakdown

Contributions & Grants $21,864

Program Service Revenue $17,459

Investment Income $2,745

Other Revenue $0

TOTAL REVENUE $42,068

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $37,331

Program Expenses $37,331

Other Expenses $37,331

TOTAL EXPENSES $37,331

Year-over-Year Comparison

	2025	2024	Change
Revenue	$42,068	$49,557	-0.2%
Expenses	$37,331	$35,093	+0.1%
Net Income	$4,737	$14,464	-0.7%

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

N/A

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Role	Reportable Comp	Other Comp	Total
TOM ELMORE	DIRECTOR AT LARGE	Director	$0	$0	$0
FRED MARTIN	DIRECTOR AT LARGE	Director	$0	$0	$0
MATT MCLAUGHLIN	DIRECTOR AT LARGE	Director	$0	$0	$0
ROBERT BUCHANAN	TREASURER	Officer	$0	$0	$0
DONNA THOMPSON	SECRETARY	Officer	$0	$0	$0
SYDNEY BLACKWELL	2ND VICE PRESIDENT	Officer	$0	$0	$0
WALTER VAN ROGGEN	PRESIDENT	Officer	$0	$0	$0
MARTIN RAPP	1ST VICE PRESIDENT	Officer	$0	$0	$0
PETER ANICK	CHAPTER COORDINATOR MA	Officer	$0	$0	$0
SUSAN BLACKSTONE	CHAPTER COORDINATOR MA	Officer	$0	$0	$0
TERRY DEVEAU	CHAPTER COORDINATOR ATL CA	Officer	$0	$0	$0
FLEUR FAIRMAN	CHAPTER COORDINATOR NY	Officer	$0	$0	$0
PHILIP GETTY	RESEARCH COMMITTEE CHAIR	Officer	$0	$0	$0
NANCY HUNT	CHAPTER COORDINATOR NJ	Officer	$0	$0	$0
RON LAPIERRE	CHAPTER COORDINATOR RI	Officer	$0	$0	$0
CAITLIN ORIORDAN	PUBLICATIONS COMMITTEE CHAIR	Officer	$0	$0	$0
VANCE TIEDE	CHAPTER COORDINATOR CT	Officer	$0	$0	$0
DEVON TOLAND	CHAPTER COORDINATOR NH	Officer	$0	$0	$0
MIKE LUOMA	DIRECTOR AT LARGE	Officer	$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	$42,068	$37,331	$718,906	$4,737
2024	$49,557	$35,093	$646,593	$14,464
2023	$138,168	$72,801	$576,589	$65,367
2022	$183,550	$41,246	$514,549	$142,304