IRISH AMERICAN HOME SOCIETY INC

EIN: 060633969

GLASTONBURY, CT

Total Revenue
$542,529
Total Expenses
$536,657
Total Assets
$1,573,268
Net Assets
$1,570,234
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1947
Legal Domicile
CT
Principal Officer
DERRIANNA FITZGERALD
Phone
8606339691
Tax Period
2023-01-01 to 2023-12-31

IRISH AMERICAN HOME SOCIETY INC, founded in 1947, is a small nonprofit that reported $543K in total revenue in fiscal year 2023. Revenue grew 15% year-over-year, indicating healthy expansion. Net assets of $1.6M represent 35 months of operating reserves.

Mission

IT IS OUR DESIRE TO SERVE ALL OUR MEMBERS- OLD AND NEW. WE BELEIVE THAT THE IRISH AMERICAN HOME SOCIETY WILL SERVE AS THE FOCAL POINT FOR NEWCOMERS TO OUR SHORES TO UNDERSTAND AND APPRECIATE OUR AMERICAN SYSTEM OF LIFE. WE FURTHER BELIEVE THAT THIS SOCIETY WILL AFFORD ALL OF OUR MEMBERSHIP THE OPPORTUNITY TO CONTINUE THEIR APPRECIATION AND PRESERVATION OF THE IRISH CULTURES.

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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 (2023)

Revenue Breakdown

Contributions & Grants $219,296
Program Service Revenue $92,151
Investment Income $4,758
Other Revenue $226,324
TOTAL REVENUE $542,529

Expense Breakdown

Grants Paid $8,000
Salaries & Benefits $101,818
Fundraising Expenses $0
Other Expenses $426,839
TOTAL EXPENSES $536,657

Year-over-Year Comparison

2023 2022 Change
Revenue $542,529 $472,385 +0.1%
Expenses $536,657 $468,067 +0.1%
Net Income $5,872 $4,318 +0.4%
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

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Liquidity & Cash Position

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Governance

Voting Members
5
Independent Members
5
Employees
7
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
10
$0
Total Directors
5
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Diane Droney Director 0.00
Director
$0 $0 $0
Bernadette Foley Director 0.00
Director
$0 $0 $0
Steven Ryan Director 0.00
Director
$0 $0 $0
Kathleen Nevins-Colletti Director 0.00
Director
$0 $0 $0
Daniel Rooney Director 0.00
Director
$0 $0 $0
Mike O'Neil President 0.00
Officer
$0 $0 $0
Daniel Nolan Vice President 0.00
Officer
$0 $0 $0
Derrianna Fitzgerald Treasurer 0.00
Officer
$0 $0 $0
Andrew Boyle Asst Treasurer 0.00
Officer
$0 $0 $0
Megan MacDonald Financial Sec. 0.00
Officer
$0 $0 $0
Leeza Gutt Asst. Fin. Sec. 0.00
Officer
$0 $0 $0
Charles Connolly Recording Sec. 0.00
Officer
$0 $0 $0
Kathleen Blake Correspond Sec. 0.00
Officer
$0 $0 $0
Peggy Radcliffe Membership Sec. 0.00
Officer
$0 $0 $0
Eileen McGee Asst. Mem. Sec. 0.00
Officer
$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
2024 No data No data No data No data
2023 $542,529 $536,657 $1,573,268 $5,872
2022 $472,385 $468,067 $1,565,775 $4,318
2021 $784,628 $423,913 $1,582,498 $360,715
2020 $246,566 $384,109 $1,255,219 $-137,543
2019 $432,319 $397,901 $1,301,539 $34,418
2018 $460,045 $442,103 $1,269,348 $17,942
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