Thetford Historical Society

EIN: 036012814 501(c)(3)

Thetford, VT

Total Revenue
$58,634
Total Expenses
$92,114
Total Assets
$1,187,027
Net Assets
$1,186,754
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1972
Legal Domicile
VT
Principal Officer
Marshall Van Norden
Phone
8027852068
Tax Period
2025-01-01 to 2025-12-31

Thetford Historical Society, founded in 1972, is a micro nonprofit that reported $59K in total revenue in fiscal year 2025. Revenue fell 38% from the prior year — a significant decline worth monitoring. Expenses of $92K exceeded revenue, resulting in a 57% operating deficit.

Mission

To collect, preserve, and display information and artifacts connected with the history of Thetford.

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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 (2025)

Revenue Breakdown

Contributions & Grants $18,856
Program Service Revenue $660
Investment Income $27,793
Other Revenue $11,325
TOTAL REVENUE $58,634

Expense Breakdown

Grants Paid $0
Salaries & Benefits $43,203
Fundraising Expenses $0
Program Expenses $86,324
Other Expenses $48,911
TOTAL EXPENSES $92,114

Year-over-Year Comparison

2025 2024 Change
Revenue $58,634 $93,938 -0.4%
Expenses $92,114 $162,152 -0.4%
Net Income $-33,480 $-68,214 -0.5%
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
13
Independent Members
12
Employees
1
Volunteers
50

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
4
$0
Total Directors
13
$39,000
Key Employees
1
$39,000
Highest Compensated
1
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Marshall Van Norden President 4.00
Officer Director
$0 $0 $0
Ruth MacKinnon Vice President 2.00
Officer Director
$0 $0 $0
Patricia Pisano Treasurer 3.00
Officer Director
$0 $0 $0
Susannah Howard Secretary 1.00
Officer Director
$0 $0 $0
John Bacon Trustee 1.00
Director
$0 $0 $0
Gary Barton Trustee 1.00
Director
$0 $0 $0
Robert Metzler Trustee 1.00
Director
$0 $0 $0
Steve Neiderhauser Trustee 1.00
Director
$0 $0 $0
Martha Howard Director 20.00
Director Key Emp Highest
$39,000 $0 $39,000
Charlie Buttrey Trustee 1.00
Director
$0 $0 $0
Dave Smith Trustee 1.00
Director
$0 $0 $0
Carrie Brennan Trustee 1.00
Director
$0 $0 $0
Lee Ilsley 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 $58,634 $92,114 $1,187,027 $-33,480
2024 $93,938 $162,152 $1,178,859 $-68,214
2023 $34,159 $147,240 $1,286,543 $-113,081
2022 $59,215 $48,583 $1,320,629 $10,632
2021 $60,093 $44,661 $1,495,309 $15,432
2020 $51,948 $57,720 $1,448,492 $-5,772
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