HAROLD & ELIZABETH SHATTUCK MEMORI… - Form 990 Financial Data

🔒

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

Financial Trends

Organization Details

Formation Year

1993

Legal Domicile

Phone

7815814275

Tax Period

2024-05-01 to 2025-04-30

HAROLD & ELIZABETH SHATTUCK MEMORIAL FDN, founded in 1993, is a small nonprofit in the Philanthropy & Grantmaking sector that reported $342K in total revenue in fiscal year 2024. Revenue fell 33% from the prior year — a significant decline worth monitoring. Expenses of $329K left a modest 4% surplus.

Mission

TO SUPPORT FIVE CHARITABLE ORGANIZATIONS IN MARBLEHEAD, MA.

Program Service Accomplishments

Program 1

MARBLEHEAD DOLLARS FOR SCHOLARS TO PROVIDE SCHOLARSHIP ASSISTANCE TO QUALIFIED RESIDENTS WITHIN ITS GEOGRAPHICAL LOCATION.

Program 2

MARBLEHEAD HISTORICAL COMMISSION

Program 3

COUNCIL ON AGING

🔒

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%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $0

Investment Income $341,555

Other Revenue $0

TOTAL REVENUE $341,555

Expense Breakdown

Grants Paid $248,705

Salaries & Benefits $26,308

Fundraising Expenses $0

Other Expenses $53,745

TOTAL EXPENSES $328,758

Year-over-Year Comparison

	2024	2023	Change
Revenue	$341,555	$506,699	-0.3%
Expenses	$328,758	$286,550	+0.1%
Net Income	$12,797	$220,149	-0.9%

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

Governance

Voting Members

N/A

Independent Members

N/A

Employees

N/A

Volunteers

N/A

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
N/A	TRUSTEE	N/A		$8,477	$0	$8,477
N/A	INVESTMENTMANAGER	N/A		$17,831	$0	$17,831

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	$341,555	$328,758	$6,316,820	$12,797
2024	$506,699	$286,550	$6,282,003	$220,149
2023	$290,168	$71,872	$6,060,866	$218,296
2022	$640,914	$82,814	$6,098,054	$558,100
2021	$721,245	$289,310	$5,745,825	$431,935

HAROLD & ELIZABETH SHATTUCK MEMORIAL FDN