FRIENDS OF HISTORY IN FULTON NEW YORK INC (EIN 161136050) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

1979

Legal Domicile

Principal Officer

CAROL DEXTER

Tax Period

2023-01-01 to 2023-12-31

FRIENDS OF HISTORY IN FULTON NEW YORK INC, founded in 1979, is a micro nonprofit in the Arts, Culture & Humanities sector that reported $89K in total revenue in fiscal year 2023. Revenue fell 37% from the prior year — a significant decline worth monitoring. Expenses of $77K left a modest 14% surplus.

Mission

TO ACCOMPLISH THE PRESERVATION OF HISTORICAL INFORMATION AND ITEMS THROUGH A VARITY OF PUBLIC EVENTS, INCLUDING OPEN HOUSES, PUBLIC HISTORICAL PROGRAMS AND GENEOLOGY PROGRAMS.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $54,058

Program Service Revenue $358

Investment Income $7,439

Other Revenue $27,586

TOTAL REVENUE $89,441

Expense Breakdown

Grants Paid $0

Salaries & Benefits $19,550

Fundraising Expenses $0

Program Expenses $76,880

Other Expenses $57,730

TOTAL EXPENSES $77,280

Year-over-Year Comparison

	2023	2022	Change
Revenue	$89,441	$142,179	-0.4%
Expenses	$77,280	$58,913	+0.3%
Net Income	$12,161	$83,266	-0.9%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

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
GAY MUSUMECI	DIRECTOR	1.00	Director	$0	$0	$0
JOSEPH SCZUPAK	DIRECTOR	5.00	Director	$0	$0	$0
CAROLE FARFAGLIA	ACCESSIONS	1.00	Director	$0	$0	$0
JANET SCZUPAK	DIRECTOR	1.00	Director	$0	$0	$0
STEPHEN WISE	DIRECTOR	1.00	Director	$0	$0	$0
FRED SUMNER	DIRECTOR	1.00	Director	$0	$0	$0
SUE EBERT	DIRECTOR	1.00	Director	$0	$0	$0
LAVERNE DELAND	DIRECTOR	1.00	Director	$0	$0	$0
KATHY DELISLE	DIRECTOR	1.00	Director	$0	$0	$0
CAROL DEXTER	SECRETARY	2.00	Officer Director	$0	$0	$0
TOM BROWN	PRESIDENT	5.00	Officer Director	$0	$0	$0
SARAH CONLEY	DIRECTOR	2.00	Officer Director	$0	$0	$0
ANGELA BERNAT	2ND VICE PRESIDENT	2.00	Officer Director	$0	$0	$0
JOHN FINOCCHIARO	1ST VICE PRESIDENT	2.00	Officer Director	$0	$0	$0
SUE BROWN	TREASURER	3.00	Officer Director	$0	$0	$0
THERESA JONES	MUSEUM COORDINATOR	1.00	Key Emp	$0	$0	$0
ELMA SMITH	PAST PRESIDENT	1.00		$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	$89,441	$77,280	$588,997	$12,161
2022	$142,179	$58,913	$430,373	$83,266
2021	$47,127	$45,103	$380,719	$2,024
2020	$47,817	$40,173	$377,517	$7,644

FRIENDS OF HISTORY IN FULTON NEW YORK INC