OAK BLUFFS, MA
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)HOLY GHOST ASSOCIATION INC, founded in 1950, is a small nonprofit in the Community Improvement sector that reported $402K in total revenue in fiscal year 2023. Revenue surged 26% from the prior year, signaling strong growth momentum. The organization ran a surplus of $87K, a strong 22% operating margin.
`SEE SCHEDULE O FOR ORGANIZATION'S MISSION AND SIGNIFICANT ACTIVITIESTHE MISSION OF THE ORGANIZATION IS TO ADVANCE SOCIAL & CIVIC INTERESTS ON THE ISLAND OF MARTHA'S VINEYARD AND TO UPHOLD THE PORTUGUESE AND CATHOLIC TRADITIONS BY HAVING AN ANNUAL FEAST HONORING THE NAMESAKE OF THE ORGANIZATION. ALSO AS PART OF ITS CIVIC MISSION, THE ORGANIZATION HOLDS ANNUAL EVENTS WHICH PROVIDE SCHOLARSHIPS TO GRADUATING SENIORS AT THE LOCAL HIGH SCHOOL AND ANNUAL EVENTS WHERE THE ORGANIZATION OFFERS AND PROVIDES ASSISTANCE TO PEOPLE THAT ARE IN NEED IN THE COMMUNITY OF MARTHA'S VINEYARD.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2023 | 2022 | Change | |
|---|---|---|---|
| Revenue | $402,345 | $318,659 | +0.3% |
| Expenses | $315,581 | $255,711 | +0.2% |
| Net Income | $86,764 | $62,948 | +0.4% |
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
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| GINA DEBETTENCOURT | PRESIDENT | 10.00 |
Officer
Director
|
$0 | $0 | $0 |
| MELISSA RANDALL | TREASURER | 10.00 |
Officer
Director
|
$0 | $0 | $0 |
| CHERYL KING | SECRETARY | 10.00 |
Officer
Director
|
$0 | $0 | $0 |
| ALTHEA FREEMAN-MILLER | DIRECTOR | 5.00 |
Director
|
$0 | $0 | $0 |
| NOREEN FLANDERS | DIRECTOR | 5.00 |
Officer
Director
|
$0 | $0 | $0 |
| EMILY FREEMAN-MILLER | ASST TREASURER | 5.00 |
Director
|
$18,221 | $0 | $18,221 |
| MARY MCNAMEE | DIRECTOR | 5.00 |
Director
|
$0 | $0 | $0 |
| BERTHA BLAKE | DIRECTOR | 5.00 |
Director
|
$0 | $0 | $0 |
| PAMELA SILVIA | VICE-PRESIDENT | 5.00 |
Director
|
$0 | $0 | $0 |
| COREEN ALTON | DIRECTOR | 5.00 |
Director
|
$7,002 | $0 | $7,002 |
| HEATHER SHARP | DIRECTOR | 5.00 |
Director
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2024 | No data | No data | No data | No data |
| 2023 | $402,345 | $315,581 | $816,209 | $86,764 |
| 2022 | $318,659 | $255,711 | $771,438 | $62,948 |
| 2021 | $357,934 | $344,809 | $749,508 | $13,125 |
| 2020 | $219,254 | $279,182 | $731,210 | $-59,928 |
| 2019 | $390,007 | $378,720 | $791,390 | $11,287 |
Compare HOLY GHOST ASSOCIATION INC with other nonprofits in Massachusetts and across the country.