HULL, MA
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)FRIENDS OF THE PARAGON CAROUSEL INC, founded in 1995, is a small nonprofit in the Arts, Culture & Humanities sector that reported $440K in total revenue in fiscal year 2023. Revenue grew 11% year-over-year, indicating healthy expansion. Expenses of $380K left a modest 14% surplus.
THE MISSION OF THE FRIENDS OF THE PARAGON CAROUSEL IS TO PRESERVE THE CAROUSEL AT ITS CURRENT LOCATION AND RESTORE IT TO ITS ORIGINAL BEAUTY.
OPERATION OF HISTORIC PARAGON CAROUSEL & ADJUSTMENT MUSEUM SHOP. THE CAROUSEL HAS BEEN OPERATING ALONG THE SHORES OF BEAUTIFUL NANTASKET BEACH FOR MORE THAN 80 YEARS. BUILT IN 1928 BY THE...
OPERATION OF HISTORIC PARAGON CAROUSEL & ADJUSTMENT MUSEUM SHOP. THE CAROUSEL HAS BEEN OPERATING ALONG THE SHORES OF BEAUTIFUL NANTASKET BEACH FOR MORE THAN 80 YEARS. BUILT IN 1928 BY THE PHILADELPHIA TOBOGGAN COMPANY, IT BOASTS FOUR ROWS OF 66 INTRICATELY CARVED HORSES & TWO RARE ROMAN CHARIOTS. IT IS DECORATED WITH 35 ORIGINAL PAINTINGS, 36 CHERUBS & 18 GODDESSES WHO LOOK DOWN WHILE A WURLITZER BANK ORGAN FILLS THE AIR WITH MUSIC. ONE OF FEWER THAN 100 "GRAND" CAROUSELS REMAINING IN THE U.S. TODAY, THE PARAGON CAROUSEL TOUCHES THE HEART, SPARKS THE IMAGINATIONS & IGNITES THE CREATIVE SPIRITS OF ALL WHO VISIT IT. THE PARAGON CAROUSEL IS THE LAST REMAINING ATTRACTION FROM THE BELOVED PARAGON PARK AMUSEMENT PARK ON NANTASKET BEACH THAT CLOSED IN 1985. THE ANTIQUE AMUSEMENT IS A LASTING (CONTINUED ON SCHEDULE O... ) REMINDER OF THE "GOLDEN AGE" OF HULL, MA, WHEN THE TOWN WAS TEEMING WITH THOUSANDS OF VISITORS EACH DAY IN THE SUMMER FOR DECADES. THE CAROUSEL NOW ATTRACTS UPWARDS OF 100,000 VISITORS EACH SUMMER.
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 | $439,877 | $397,629 | +0.1% |
| Expenses | $379,678 | $383,372 | 0.0% |
| Net Income | $60,199 | $14,257 | +3.2% |
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 |
|---|---|---|---|---|---|---|
| MARGE WEST | PRESIDENT | 25.00 |
Officer
Director
|
$0 | $0 | $0 |
| JASON MCCANN | VICE PRESIDENT | 5.00 |
Officer
Director
|
$0 | $0 | $0 |
| BOB FOSTER | TREASURER | 10.00 |
Officer
Director
|
$0 | $0 | $0 |
| CHRISTOPHER LOFGREN | CLERK | 5.00 |
Officer
Director
|
$0 | $0 | $0 |
| NICKY PREBLE | DIRECTOR | 2.00 |
Director
|
$0 | $0 | $0 |
| MARIE E SCHLEIFF | DIRECTOR | 2.00 |
Director
|
$0 | $0 | $0 |
| CAROLYN CARROW | DIRECTOR | 2.00 |
Director
|
$0 | $0 | $0 |
| J TIMOTHY REYNOLDS | DIRECTOR | 2.00 |
Director
|
$0 | $0 | $0 |
| STEPHEN GREENBERG | DIRECTOR | 2.00 |
Director
|
$0 | $0 | $0 |
| THERESA BRADY | DIRECTOR | 2.00 |
Director
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2024 | No data | No data | No data | No data |
| 2023 | $439,877 | $379,678 | $697,337 | $60,199 |
| 2022 | $397,629 | $383,372 | $666,129 | $14,257 |
| 2021 | $484,932 | $436,589 | $671,153 | $48,343 |
| 2020 | $442,451 | $374,058 | $553,243 | $68,393 |
| 2019 | $474,093 | $482,290 | $481,820 | $-8,197 |
| 2018 | $399,140 | $399,122 | $529,468 | $18 |
Compare FRIENDS OF THE PARAGON CAROUSEL INC with other nonprofits in Massachusetts and across the country.