FRIENDS OF HISTORY IN FULTON NEW Y… - Form 990 Financial Data

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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

1979

Legal Domicile

Principal Officer

LAVERNE DELAND

Phone

3155984616

Tax Period

2025-01-01 to 2025-12-31

FRIENDS OF HISTORY IN FULTON NEW YORK INC, founded in 1979, is a micro nonprofit in the Arts, Culture & Humanities sector that reported $94K in total revenue in fiscal year 2025. Revenue surged 56% from the prior year, signaling strong growth momentum. The organization ran a surplus of $34K, a strong 36% operating margin.

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.

Program Service Accomplishments

Program 1

Expenses: $58,317 Revenue: $93,597

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

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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 (2025)

Revenue Breakdown

Contributions & Grants $68,100

Program Service Revenue $0

Investment Income $11,293

Other Revenue $14,204

TOTAL REVENUE $93,597

Expense Breakdown

Grants Paid $0

Salaries & Benefits $14,060

Fundraising Expenses $0

Program Expenses $58,317

Other Expenses $45,738

TOTAL EXPENSES $59,798

Year-over-Year Comparison

	2025	2024	Change
Revenue	$93,597	$59,833	+0.6%
Expenses	$59,798	$76,944	-0.2%
Net Income	$33,799	$-17,111	-3.0%

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
ANGELA BERNAT	INFO TECH	2.00	Director	$0	$0	$0
KATHY DELISLE	DIRECTOR	1.00	Director	$0	$0	$0
SUSAN COOK	DIRECTOR	1.00	Director	$0	$0	$0
CAROLE FARFAGLIA	ACCESSIONS	1.00	Director	$0	$0	$0
ANNA WHITMAN	MUSEUM COORDINATOR	1.00	Director Key Emp	$0	$0	$0
GAY MUSUMECI	DIRECTOR	1.00	Director	$0	$0	$0
KATHY FRANCIS	DIRECTOR	1.00	Director	$0	$0	$0
WENDELL HOWARD	DIRECTOR	1.00	Director	$0	$0	$0
JANET SCZUPAK	DIRECTOR	1.00	Director	$0	$0	$0
JOSEPH SCZUPAK	DIRECTOR	5.00	Director	$0	$0	$0
ELMA SMITH	PAST PRESIDENT	1.00	Director	$0	$0	$0
LAVERNE DELAND	2ND VICE PRESIDENT	1.00	Officer	$0	$0	$0
CAROL DEXTER	SECRETARY	2.00	Officer	$0	$0	$0
SARAH CONLEY	CO CORRESPONDING SECRETAR	2.00	Officer	$0	$0	$0
SUE BROWN	TREASURER	3.00	Officer	$0	$0	$0
JOHN FINOCCHIARO	PRESIDENT	2.00	Officer	$0	$0	$0
TOM BROWN	1ST VICE PRESIDENT	5.00	Officer	$0	$0	$0
SUE FIORINI	CORRESPONDING SECRETARY	1.00	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	$93,597	$59,798	$607,131	$33,799
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