PROVINCETOWN HISTORICAL CELEBRATIONSINC

EIN: 043160328

PROVINCETOWN, MA

Total Revenue
$91,324
Total Expenses
$87,519
Total Assets
$157,938
Net Assets
$124,571
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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year
1993
Legal Domicile
MA
Principal Officer
CHARLES SOUZA
Phone
5084871802
Tax Period
2022-07-01 to 2023-06-30

PROVINCETOWN HISTORICAL CELEBRATIONSINC, founded in 1993, is a micro nonprofit that reported $91K in total revenue in fiscal year 2022. Revenue decreased 8% compared to the prior year. Expenses of $88K left a modest 4% surplus.

Mission

FUNDRAISING ACTIVITIES TO PROMOTE THE ANNUAL BLESSING OF THE FLEET ARE HELD TO RAISE MONEY IN ORDER TO CARRY ON THE TRAD- ITION OF THE BLESSING OF COMMERCIAL AND PARTY VESSELS WHICH COULD NOT BE ACCOMPLISHED OTHERWISE.

Program Service Accomplishments

Program 1
Expenses: $85,532 Revenue: $65,148

THIS ORGANIZATION WAS FORMED IN ORDER TO CARRY ON AN OLD TRADITION OF THE TOWN OF PROVINCETOWN WHICH WAS TO RAISE MONEY TO HAVE COMMERCIAL FISHING VESSELS AND PARTY BOATS BLESSED IN AN ANNUAL EVENT...

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THIS ORGANIZATION WAS FORMED IN ORDER TO CARRY ON AN OLD TRADITION OF THE TOWN OF PROVINCETOWN WHICH WAS TO RAISE MONEY TO HAVE COMMERCIAL FISHING VESSELS AND PARTY BOATS BLESSED IN AN ANNUAL EVENT CALLED THE PORTUGUESE FESTIVAL IN DOING SO, THE ORGANIZATION IS ALSO PROVIDING ACTIVITIES WHICH HELPS THE SEASONAL BUSINESS OF THE TOWN. CONDUCTS A SIMILAR EVENT FOR PUBLIC ENTERTAINMNET CALLED THE GREAT SCHOONER RACE WHERE LOCAL VESSELS RACE TO A POINT IN CAPE COD BAY WITH THE PUBLIC WATCHING AND ROOTING THE EVENT ON

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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 (2022)

Revenue Breakdown

Contributions & Grants $5,910
Program Service Revenue $65,148
Investment Income $99
Other Revenue $20,167
TOTAL REVENUE $91,324

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $85,532
Other Expenses $87,519
TOTAL EXPENSES $87,519

Year-over-Year Comparison

2022 2021 Change
Revenue $91,324 $99,400 -0.1%
Expenses $87,519 $77,015 +0.1%
Net Income $3,805 $22,385 -0.8%
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
8
Independent Members
8
Employees
N/A
Volunteers
23

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
3
$0
Total Directors
5
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
LILLIAN DESOUSA DIRECTOR N/A
Director
$0 $0 $0
MAUREEN HURST DIRECTOR N/A
Director
$0 $0 $0
MICHAEL MEADS DIRECTOR N/A
Director
$0 $0 $0
NATALIE R SILVA DIRECTOR N/A
Director
$0 $0 $0
PATRICK P SILVA DIRECTOR N/A
Director
$0 $0 $0
LORI MEADS CLERK / DIR. N/A
Officer
$0 $0 $0
PAUL R SILVA TREAS./DIR. N/A
Officer
$0 $0 $0
CHARLES SOUZA PRES./DIR. N/A
Officer
$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 No data No data No data No data
2024 No data No data No data No data
2023 $91,324 $87,519 $157,938 $3,805
2022 $99,400 $77,015 $146,064 $22,385
2021 $31,972 $17,485 $98,381 $14,487
2020 $27,390 $28,400 $83,894 $-1,010
2019 $96,002 $88,435 $106,117 $7,567
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