Northborough, MA
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)NORTHBOROUGH HISTORICAL SOCIETY INC, founded in 1906, is a micro nonprofit that reported $46K in total revenue in fiscal year 2024. Revenue surged 101% from the prior year, signaling strong growth momentum. Net assets of $273K represent 71 months of operating reserves.
We collect and preserve local history and the genealogy of Northborough families and make them available to the general public through the expertise of our Historian and Curator. We make available to our members and others, historical and cultural information through our newsletter program, our web site, publications and social media..
We make available to our member and other, historical and cultural information though our speaker programs.
This expense is reimbursement for costs incurred by members of the Board of Directors for preparation of our monthly newsletter, The Hourglass, and our annual fundraising appeal letters.
We maintain a museum of historical artifacts and an archive building. The stored artifacts represent historical periods of Northborough, including items from the 18th, 19th and 20th century. Our...
We maintain a museum of historical artifacts and an archive building. The stored artifacts represent historical periods of Northborough, including items from the 18th, 19th and 20th century. Our museum is open to the public and is maintained my our Curator and member volunteers. Archives are also stored for research in our archive building. This cost represents office expenses associated with responding to requests for information and include coping, toner replacement, mailing and printing.
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)| 2024 | 2023 | Change | |
|---|---|---|---|
| Revenue | $45,811 | $22,766 | +1.0% |
| Expenses | $47,663 | $20,297 | +1.3% |
| Net Income | $-1,852 | $2,469 | -1.8% |
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 |
|---|---|---|---|---|---|---|
| Paul Derosier | Director | 2 |
Director
|
$0 | $0 | $0 |
| Ken Bennett | Director | 2 |
Director
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$0 | $0 | $0 |
| Robert Van Buren | Director | 2 |
Director
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$0 | $0 | $0 |
| Zenya Molnar | Director | 2 |
Director
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$0 | $0 | $0 |
| Alex Molnar | Director | 2 |
Director
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$0 | $0 | $0 |
| Jane Fletcher | Museum Trustee | 2 |
Director
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$0 | $0 | $0 |
| Kathy Pierce | Museum Trustee | 2 |
Director
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$0 | $0 | $0 |
| Janice Ferenchick | Vice-President | 2 |
Officer
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$0 | $0 | $0 |
| Michael Duchesneau | President | 4 |
Officer
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$0 | $0 | $0 |
| Hilary Wilson | Secretary | 2 |
Officer
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$0 | $0 | $0 |
| Jean Langley | Menbership Secretary | 2 |
Officer
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$0 | $0 | $0 |
| Chuck Liljestrand | Chairperson, Property Committee | 4 |
Officer
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$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2025 | $45,811 | $47,663 | $272,544 | $-1,852 |
| 2024 | $22,766 | $20,297 | $274,396 | $2,469 |
| 2023 | $84,411 | $78,373 | $271,927 | $6,038 |
Compare NORTHBOROUGH HISTORICAL SOCIETY INC with other nonprofits in Massachusetts and across the country.