TOWN OF NEWFANE HISTORICAL SOCIETY INC

EIN: 161061905 501(c)(3)

NEWFANE, NY

Total Revenue
$55,780
Total Expenses
$39,769
Total Assets
$295,579
Net Assets
$295,579
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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
1972
Legal Domicile
NY
Principal Officer
DAVID STEGGLES
Phone
7167787197
Tax Period
2023-01-01 to 2023-12-31

TOWN OF NEWFANE HISTORICAL SOCIETY INC, founded in 1972, is a micro nonprofit that reported $56K in total revenue in fiscal year 2023. The organization ran a surplus of $16K, a strong 29% operating margin.

Mission

RESTORATION AND PRESERVATION OF HISTORICAL BUILDINGS AND ARTIFACTS.PROVIDE DEMONSTRATIONS OF SAID ARTIFACTS AND EQUIPMENT TO EDUCATE THE PUBLIC REGARDING LOCAL HISTORY.

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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 $46,807
Program Service Revenue $0
Investment Income $0
Other Revenue $8,973
TOTAL REVENUE $55,780

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $15,295
Other Expenses $39,769
TOTAL EXPENSES $39,769

Year-over-Year Comparison

2023 2022 Change
Revenue $55,780 $56,720 0.0%
Expenses $39,769 $52,896 -0.2%
Net Income $16,011 $3,824 +3.2%
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

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Governance

Voting Members
16
Independent Members
16
Employees
N/A
Volunteers
40

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
7
$0
Total Directors
9
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
VICKI BANKS TRUSTEE 3.00
Officer
$0 $0 $0
JANICE WIEGLEY PRESIDENT 3.00
Officer
$0 $0 $0
JILL HECK TRUSTEE 2.00
Director
$0 $0 $0
ROSEMARY MILLER FINANCIAL SECRETARY 2.00
Officer
$0 $0 $0
JANET CAPEN CORRESPONDING SECRETARY 3.00
Officer
$0 $0 $0
DAVID STEGGLES TREASURER 8.00
Officer
$0 $0 $0
ROSE SHAEFFER TRUSTEE 2.00
Director
$0 $0 $0
WILLIAM NEIDLINGER TRUSTEE 3.00
Director
$0 $0 $0
MINDY SCHAEFFER TRUSTEE 3.00
Director
$0 $0 $0
BILL CLARK TRUSTEE/HISTORIAN 2.00
Officer
$0 $0 $0
KEVIN LUCKMAN TRUSTEE 2.00
Director
$0 $0 $0
MARY ANN MILLER TRUSTEE 1.00
Director
$0 $0 $0
GEORGE UPDEGRAPH TRUSTEE 2.00
Director
$0 $0 $0
CHUCK MANHARDT TRUSTEE 2.00
Director
$0 $0 $0
RICH LEADER TRUSTEE 1.00
Director
$0 $0 $0
VIRGINIA WOMELSDORF RECORDING SECRETARY 2.00
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 $55,780 $39,769 $295,579 $16,011
2022 $56,720 $52,896 $290,620 $3,824
2021 $47,267 $35,549 $326,354 $11,718
2020 $31,357 $36,392 $329,768 $-5,035
2019 $42,016 $46,738 $334,170 $-4,722
2018 $29,642 $46,402 $324,696 $-16,760
2017 $71,242 $77,260 $348,582 $-6,018
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