HARTFORD PRESERVATION ALLIANCE INC

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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

1997

Legal Domicile

Principal Officer

Mary Falvey

Phone

8605700331

Tax Period

2023-01-01 to 2023-12-31

HARTFORD PRESERVATION ALLIANCE INC, founded in 1997, is a micro nonprofit in the Arts, Culture & Humanities sector that reported $66K in total revenue in fiscal year 2023. Revenue decreased 5% compared to the prior year. The organization ran a surplus of $23K, a strong 35% operating margin.

Mission

Hartford Preservation Alliance's primary mission is to preserve and revitalize Hartford's unique architectural heritage and neighborhood character.

Program Service Accomplishments

Program 1

Expenses: $19,351 Revenue: $27,791

Assist in preserving historical buildings in the City of Hartford.

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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 (2023)

Revenue Breakdown

Contributions & Grants $38,374

Program Service Revenue $27,791

Investment Income $0

Other Revenue $0

TOTAL REVENUE $66,165

Expense Breakdown

Grants Paid $0

Salaries & Benefits $21,443

Fundraising Expenses $6,911

Program Expenses $19,351

Other Expenses $21,267

TOTAL EXPENSES $42,710

Year-over-Year Comparison

	2023	2022	Change
Revenue	$66,165	$69,701	-0.1%
Expenses	$42,710	$52,355	-0.2%
Net Income	$23,455	$17,346	+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

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

$21,000

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Mary Falvey	Executive Dir.	25.00	Officer	$21,000	$0	$21,000
John W Kemper Jr	President	1.00	Officer Director	$0	$0	$0
Aida Claudio	Director	1.00	Director	$0	$0	$0
Jonathan M Cabral	Secretary	1.00	Officer Director	$0	$0	$0
Martin N Jones	Director	1.00	Director	$0	$0	$0
Alexander C Thomas	Director	1.00	Director	$0	$0	$0
Tony Cashman	Director	1.00	Director	$0	$0	$0
Nilda Fernandez	Director	1.00	Director	$0	$0	$0
Aida Claudio	Director	1.00	Director	$0	$0	$0
Larry Lavere	Treasurer	1.00	Officer 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	No data	No data	No data	No data
2024	No data	No data	No data	No data
2023	$66,165	$42,710	$9,160,236	$23,455
2022	$69,701	$52,355	$9,135,160	$17,346
2021	$3,452,155	$50,096	$9,117,102	$3,402,059
2020	$94,611	$71,627	$5,713,786	$22,984
2019	$96,591	$103,122	$5,691,444	$-6,531
2018	$140,314	$91,101	$5,697,956	$49,213