Suffield Historical Society

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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

1940

Legal Domicile

Principal Officer

Jackie Hemond

Phone

8606685256

Tax Period

2024-04-01 to 2025-03-31

Suffield Historical Society, founded in 1940, is a small nonprofit that reported $215K in total revenue in fiscal year 2024. Revenue surged 153% from the prior year, signaling strong growth momentum. The organization ran a surplus of $82K, a strong 38% operating margin.

Mission

To collect, preserve, and stimulate interest in the history of Suffield and the region, and to actively share it.

Program Service Accomplishments

Program 1

Expenses: $128,537 Revenue: $582

King House Museum visited by approximately 500 guests. Museum curator and assistants volunteer to organize exhibits, act as guides, and maintain & clean museum.

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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 $79,978

Program Service Revenue $582

Investment Income $134,231

Other Revenue $130

TOTAL REVENUE $214,921

Expense Breakdown

Grants Paid $0

Salaries & Benefits $50,586

Fundraising Expenses $0

Program Expenses $128,537

Other Expenses $82,346

TOTAL EXPENSES $132,932

Year-over-Year Comparison

	2024	2023	Change
Revenue	$214,921	$85,030	+1.5%
Expenses	$132,932	$108,997	+0.2%
Net Income	$81,989	$-23,967	-4.4%

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

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Nancy Noble	Trustee	0.50	Director	$0	$0	$0
Anne Borg	Trustee	0.50	Director	$0	$0	$0
Jason Cromack	Trustee	0.50	Director	$0	$0	$0
Bill Sullivan	Trustee	0.50	Director	$0	$0	$0
Christopher Childs	Trustee	3.00	Director	$0	$0	$0
Sara Zak	Trustee	0.50	Director	$0	$0	$0
Caroline DOtreppe	Trustee	0.50	Director	$0	$0	$0
Lynelle Kuzontkoski	Trustee	0.50	Director	$0	$0	$0
Aaron Marcovitch	Trustee	0.50	Director	$0	$0	$0
Robin Zatony	Trustee	0.50	Director	$0	$0	$0
Norman Noble	Treasurer	15.00	Officer	$0	$0	$0
Arthur M Sikes Jr	Vice President	10.00	Officer	$0	$0	$0
Chris Duni	Secretary	10.00	Officer	$0	$0	$0
Jackie Hemond	President	10.00	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
2025	$214,921	$132,932	$1,711,286	$81,989
2024	$85,030	$108,997	$1,619,706	$-23,967
2023	$78,268	$88,247	$1,477,257	$-9,979
2022	$88,141	$42,339	$1,620,230	$45,802
2021	$64,725	$51,899	$1,603,406	$12,826
2020	$90,352	$39,880	$1,182,179	$50,472
2019	$74,802	$42,255	$1,245,572	$32,547