HOLY GHOST ASSOCIATION INC

EIN: 042054657 Community Improvement

OAK BLUFFS, MA

Total Revenue
$402,345
Total Expenses
$315,581
Total Assets
$816,209
Net Assets
$639,592
🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
1950
Legal Domicile
MA
Principal Officer
GINA DEBETTENCOURT
Phone
5087897917
Tax Period
2023-01-01 to 2023-12-31

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.

Mission

`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.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Sign In — Free (10 views/day)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $100,562
Program Service Revenue $0
Investment Income $71
Other Revenue $301,712
TOTAL REVENUE $402,345

Expense Breakdown

Grants Paid $41,000
Salaries & Benefits $73,780
Fundraising Expenses $0
Program Expenses $112,597
Other Expenses $200,801
TOTAL EXPENSES $315,581

Year-over-Year Comparison

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%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Sign In

Governance

Voting Members
11
Independent Members
11
Employees
13
Volunteers
30

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
11
$25,223
Key Employees
0
$0
Highest Compensated
0
reported
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
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
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
Explore More Nonprofits
Top 100 Nonprofits in Massachusetts Largest U.S. Nonprofits Best Rated Nonprofits Most Efficient Nonprofits

Compare HOLY GHOST ASSOCIATION INC with other nonprofits in Massachusetts and across the country.