Manchester, NH
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)Harbor Schools Incorporated, founded in 1972, is a micro nonprofit that reported $1K in total revenue in fiscal year 2017.
Harbor Schools' mission was to help children, families and adolescents in need by providing services in their homes as well as in alternative homes and individualized care including: psychological, educational, foster care, transition to independent living services, respite/shelter, residential and family support services.
Harbor Schools had a lease agreement with Merrimac Heights Academy to operate a residential/special education facility where most young students with learning and other developmental disabilities can...
Harbor Schools had a lease agreement with Merrimac Heights Academy to operate a residential/special education facility where most young students with learning and other developmental disabilities can achieve maximum independence and as a result become productive members of society. For some students, this instruction will need to be provided in a formalized and structured setting, and then translated into the world at large with stringent community based instruction. Though a number of programs provide a limited amount of support and education in the public schools, most of them are conducted during school hours (6.5 hours a day), consequently leaving students and families with several hours of unstructured time; time that could be utilized for vocational training, community based instruction, and social interaction. As an accredited, non-profit, partial-residential school, MHA is able to address the complex educational, emotional, psychological, physical, career-technical and social needs of students with significant language learning disabilities, non-verbal learning disabilities, autism spectrum disorders, and other disorders as outlined in the admission criteria.On 03/31/2016, Harbor Schools sold its last property to Merrimac Heights Academy which was currently leasing the building. The selling of this building ceases services provided by Harbor Schools.
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)| 2017 | 2016 | Change | |
|---|---|---|---|
| Revenue | $1,203 | $1,122 | +0.1% |
| Expenses | N/A | $10,035 | -1.0% |
| Net Income | N/A | $-8,913 | N/A |
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 |
|---|---|---|---|---|---|---|
| Andrew MacWilliam | Chairman | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| Jim Bee | Past Chairman | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| Matthew Boucher | Treasurer | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| Charles Panasis | Secretary | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| Tom Sullivan | Vice Chairman | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| Charles Goodwin | Vice Chairman | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| Wendell Butcher | Past Assistant Treasurer | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| Sue MacDermott | Past Assistant Secretary | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| Dennis Beaulieu | Director | 1.00 |
Director
|
$0 | $0 | $0 |
| Larry J Gammon | President & CEO | 1.00 |
Officer
|
$0 | $25,937 | $460,860 |
| Elin A Treanor | CFO | 1.00 |
Officer
|
$0 | $15,320 | $286,435 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2018 | $1,203 | No data | No data | No data |
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