READING ANTIQUARIAN SOCIETY

EIN: 046116066 501(c)(3)

Reading, MA

Total Revenue
$23,208
Total Expenses
$9,879
Total Assets
$667,586
Net Assets
$667,586
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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
1916
Legal Domicile
MA
Principal Officer
Virginia Blodgett
Phone
7819442957
Tax Period
2024-06-01 to 2025-05-31

READING ANTIQUARIAN SOCIETY, founded in 1916, is a micro nonprofit that reported $23K in total revenue in fiscal year 2024. Revenue grew 11% year-over-year, indicating healthy expansion. The organization ran a surplus of $13K, a strong 57% operating margin.

Mission

1. Presentation of the 1694 Parker Tavern. 2. Educational events presenting the lifestyle and heritage of Reading residences of the 17th through 19th centuries

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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 (2024)

Revenue Breakdown

Contributions & Grants $5,712
Program Service Revenue $0
Investment Income $17,496
Other Revenue $0
TOTAL REVENUE $23,208

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $1,588
Other Expenses $9,879
TOTAL EXPENSES $9,879

Year-over-Year Comparison

2024 2023 Change
Revenue $23,208 $21,002 +0.1%
Expenses $9,879 $9,293 +0.1%
Net Income $13,329 $11,709 +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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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
6
Independent Members
6
Employees
N/A
Volunteers
15

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
$0
Total Directors
6
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Virginia D Blodgett President 6
Officer Director
$0 $0 $0
Everett A Blodgett Treasurer 5
Officer Director
$0 $0 $0
Ellen Terry Secretary 3
Officer Director
$0 $0 $0
Jennifer Barsotti Asst. Treasurer 3
Officer Director
$0 $0 $0
Cherrie Dubois Director 2
Director
$0 $0 $0
Christine M Keller Director 2
Director
$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 $23,208 $9,879 $667,586 $13,329
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