NEW LONDON COUNTY HISTORICAL SOCIET (EIN 060646753) - Form 990 Financial Analysis & Trantor Score

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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

1870

Legal Domicile

Principal Officer

ED CHMIELEWSKI

Phone

8604431209

Tax Period

2024-01-01 to 2024-12-31

NEW LONDON COUNTY HISTORICAL SOCIET, founded in 1870, is a small nonprofit that reported $310K in total revenue in fiscal year 2024. Revenue surged 260% from the prior year, signaling strong growth momentum. The organization ran a surplus of $209K, a strong 67% operating margin.

Mission

TO COLLECT, PRESERVE AND PUBLISH HISTORICAL AND GENEALOGICAL INFORMATION PERTAINING TO THE EARLY SETTLEMENT AND SUBSEQUENT HISTORY OF NEW LONDON COUNTY, ESPECIALLY THOSE TOWNS BORDERING THE THAMES RIVER.

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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%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $265,325

Program Service Revenue $2,840

Investment Income $35,498

Other Revenue $6,834

TOTAL REVENUE $310,497

Expense Breakdown

Grants Paid $0

Salaries & Benefits $54,529

Fundraising Expenses $6,115

Program Expenses $72,464

Other Expenses $47,386

TOTAL EXPENSES $101,915

Year-over-Year Comparison

	2024	2023	Change
Revenue	$310,497	$86,187	+2.6%
Expenses	$101,915	$103,579	0.0%
Net Income	$208,582	$-17,392	-13.0%

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

Governance

Voting Members

Independent Members

Employees

Volunteers

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
ED CHMIELEWSKI	PRESIDENT	2.00	Officer Director	$0	$0	$0
KENNETH DAVISON	VICE PRESIDE	2.00	Officer Director	$0	$0	$0
BRIAN EDMONDS	TREASURER	2.00	Officer Director	$0	$0	$0
RESURRECCION ESPINOSA-FRINK	DIRECTOR	1.00	Director	$0	$0	$0
AILEEN NOVICK	DIRECTOR	1.00	Director	$0	$0	$0
THOMAS SCHUCH	DIRECTOR	1.00	Director	$0	$0	$0
NICOLE D THOMAS	SECRETARY	2.00	Officer Director	$0	$0	$0
VIVIAN WATERS	DIRECTOR	1.00	Director	$0	$0	$0
KATRINA ZICKWOLF	DIRECTOR	1.00	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
2024	$310,497	$101,915	$993,794	$208,582
2023	$86,187	$103,579	$758,061	$-17,392
2022	$88,751	$115,595	$735,854	$-26,844
2021	$125,505	$95,850	$867,549	$29,655
2020	$94,276	$98,425	$782,920	$-4,149
2019	$82,510	$83,234	$783,879	$-724

NEW LONDON COUNTY HISTORICAL SOCIET