ATHOL HIGH SCHOOL SCHOLARSHIP ASSOCIATION

EIN: 046044715 501(c)(3) Education

ATHOL, MA

Total Revenue
$323,025
Total Expenses
$194,443
Total Assets
$4,199,533
Net Assets
$4,076,383
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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
1920
Legal Domicile
MA
Principal Officer
DIANE PAGE
Phone
9788336350
Tax Period
2025-01-01 to 2025-12-31

ATHOL HIGH SCHOOL SCHOLARSHIP ASSOCIATION, founded in 1920, is a small nonprofit in the Education sector that reported $323K in total revenue in fiscal year 2025. Revenue decreased 7% compared to the prior year. The organization ran a surplus of $129K, a strong 40% operating margin.

Mission

GRANT SCHOLARSHIPS.

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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 (2025)

Revenue Breakdown

Contributions & Grants $114,157
Program Service Revenue $0
Investment Income $201,168
Other Revenue $7,700
TOTAL REVENUE $323,025

Expense Breakdown

Grants Paid $157,545
Salaries & Benefits $5,000
Fundraising Expenses $4,349
Program Expenses $157,545
Other Expenses $31,898
TOTAL EXPENSES $194,443

Year-over-Year Comparison

2025 2024 Change
Revenue $323,025 $348,255 -0.1%
Expenses $194,443 $202,088 0.0%
Net Income $128,582 $146,167 -0.1%
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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Governance

Voting Members
20
Independent Members
20
Employees
N/A
Volunteers
25

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
4
$5,000
Total Directors
16
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
KENNETH VAIDULAS TRUSTEE 1.00
Director
$0 $0 $0
DEBRA ELLIS TRUSTEE 1.00
Director
$0 $0 $0
MARTIN J MIARECKI TRUSTEE 1.00
Director
$0 $0 $0
LYNN MACDONALD BROOKS MEMBER 1.00
Director
$0 $0 $0
CHRISTOPHER CASELLA MEMBER 1.00
Director
$0 $0 $0
GINA ORO MARONI MEMBER 1.00
Director
$0 $0 $0
DOUGLAS KACZMARCZYK MEMBER 1.00
Director
$0 $0 $0
ROBERT HUGHES MEMBER 1.00
Director
$0 $0 $0
DANIEL BEVIS MEMBER 1.00
Director
$0 $0 $0
CYNTHIA MAY SAVOY MEMBER 1.00
Director
$0 $0 $0
NANCY BURNHAM WATSON MEMBER 1.00
Director
$0 $0 $0
BENJAMIN ELLIS MEMBER 1.00
Director
$0 $0 $0
JOSHUA GABRENAS MEMBER 1.00
Director
$0 $0 $0
DAVID KING MEMBER 1.00
Director
$0 $0 $0
DONNA HERK LAJOIE MEMBER 1.00
Director
$0 $0 $0
CYNTHIA WRIGHT HUGHES MEMBER 1.00
Director
$0 $0 $0
WILLIAM J CALDWELL PRESIDENT 1.00
Officer
$0 $0 $0
BETHANY HAGER VICE PRESIDENT 1.00
Officer
$0 $0 $0
MICHAEL BURNHAM CLERK 1.00
Officer
$0 $0 $0
DIANE M PAGE TREASURER 1.00
Officer
$5,000 $0 $5,000
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 $323,025 $194,443 $4,199,533 $128,582
2024 $348,255 $202,088 $3,711,427 $146,167
2023 $209,765 $164,129 $3,502,075 $45,636
2022 $342,059 $140,314 $3,188,336 $201,745
2021 $449,689 $137,666 $3,715,214 $312,023
2020 $187,143 $128,423 $3,353,385 $58,720
2019 $240,117 $160,286 $3,035,376 $79,831
2018 $259,678 $145,189 $2,641,822 $114,489
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