North Andover, MA
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)North Andover Historical Society, founded in 1933, is a small nonprofit in the Arts, Culture & Humanities sector that reported $541K in total revenue in fiscal year 2024. Revenue grew 18% year-over-year, indicating healthy expansion. Expenses of $618K exceeded revenue, resulting in a 14% operating deficit.
The society is dedicated to preserving, aquiring, teaching, exhibiting and researching North Andover history, which it does mainly through its collections. The society serves as a repository for artifacts, archival infomation, and objects made or used in the North Andover area from the late 17th through the early 21st century. In addition, the North Andover Historical Society supports and promotes the architechural and landscape heritage of the town.
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)| 2024 | 2023 | Change | |
|---|---|---|---|
| Revenue | $541,237 | $457,978 | +0.2% |
| Expenses | $617,558 | $595,428 | +0.0% |
| Net Income | $-76,321 | $-137,450 | -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 |
|---|---|---|---|---|---|---|
| Stan Limpert | Trustee | 2.00 |
Director
|
$0 | $0 | $0 |
| Therese Leone | Trustee | 2.00 |
Director
|
$0 | $0 | $0 |
| James Worden | Trustee | 2.00 |
Director
|
$0 | $0 | $0 |
| Stuart Peskoe | Trustee | 2.00 |
Director
|
$0 | $0 | $0 |
| Kyle Scandore | Trustee | 2.00 |
Director
|
$0 | $0 | $0 |
| Mark Pelletier | Trustee | 2.00 |
Director
|
$0 | $0 | $0 |
| Leah Piantedosi | Trustee | 2.00 |
Director
|
$0 | $0 | $0 |
| David Kres | President | 5.00 |
Officer
|
$0 | $0 | $0 |
| Mark Svendsen | Treasurer | 5.00 |
Officer
|
$0 | $0 | $0 |
| Tracy Wakeman | Secretary | 4.00 |
Officer
|
$0 | $0 | $0 |
| Michael Lenihan | Vice President | 4.00 |
Officer
|
$0 | $0 | $0 |
| Joanna Collantine Kerr | Executive Director | 40.00 |
Officer
|
$84,725 | $1,541 | $86,266 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2024 | $541,237 | $617,558 | $5,033,306 | $-76,321 |
| 2023 | $457,978 | $595,428 | $4,823,629 | $-137,450 |
| 2022 | $312,939 | $484,394 | $4,782,283 | $-171,455 |
| 2021 | $474,451 | $467,680 | $5,491,357 | $6,771 |
| 2020 | $1,656,180 | $268,409 | $6,398,178 | $1,387,771 |
| 2020 | $894,030 | $268,409 | $5,416,781 | $625,621 |
| 2019 | $749,624 | $293,210 | $4,748,153 | $456,414 |
| 2018 | $222,970 | $249,586 | $4,030,646 | $-26,616 |
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