Putney Historical Society Inc

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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

1959

Legal Domicile

Principal Officer

Thomas Jamison

Phone

8025793698

Tax Period

2024-08-01 to 2025-07-31

Putney Historical Society Inc, founded in 1959, is a micro nonprofit in the Arts, Culture & Humanities sector that reported $33K in total revenue in fiscal year 2024. Revenue surged 62% from the prior year, signaling strong growth momentum. Net assets of $703K represent 254 months of operating reserves.

Mission

To bring together those persons interested in the history of the Town of Putney Vermont. To collect any materials pertinent to the history of Putney; to acquire property in order to preserve historic resources.

Program Service Accomplishments

Program 1

Expenses: $30,946 Revenue: $19,859

Putney Historical Society owns the Putney General Store building and rents it to a store operator.

Program 2

Expenses: $1,712 Revenue: $13,406

Putney Historical Society maintains a collection of local artifacts photographs and documents for use in research. It provides research and access to its collections. It maintains a small office and...

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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 (2024)

Revenue Breakdown

Contributions & Grants $6,411

Program Service Revenue $0

Investment Income $3,240

Other Revenue $23,568

TOTAL REVENUE $33,219

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $56

Program Expenses $32,658

Other Expenses $34,671

TOTAL EXPENSES $34,671

Year-over-Year Comparison

	2024	2023	Change
Revenue	$33,219	$20,453	+0.6%
Expenses	$34,671	$33,774	+0.0%
Net Income	$-1,452	$-13,321	-0.9%

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

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
THOMAS JAMISON	PRESIDENT	5.00	Officer Director	$0	$0	$0
TIM RAGLE	VICE PRESIDENT	2.00	Officer Director	$0	$0	$0
LYSSA PAPAZIAN	TREASURER	3.00	Officer Director	$0	$0	$0
LINDLEY SPEERS	SECRETARY	2.00	Officer Director	$0	$0	$0
RUTH BARTON	TRUSTEE	2.00	Director	$0	$0	$0
BARBARA TAYLOR	TRUSTEE	1.00	Director	$0	$0	$0
BARRY STOCKWELL	TRUSTEE	1.00	Director	$0	$0	$0
CAROLYN HANDY	TRUSTEE	1.00	Director	$0	$0	$0
MARYANN TOFFOLON	TRUSTEE	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
2025	$33,219	$34,671	$802,841	$-1,452
2024	$20,453	$33,774	$825,282	$-13,321
2023	$18,868	$32,511	$851,222	$-13,643
2022	$6,707	$33,300	$893,074	$-26,593
2021	$11,281	$44,471	$931,929	$-33,190