Southborough, MA
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)SOUTHBOROUGH OPEN LAND FOUNDATION INC, founded in 1988, is a micro nonprofit that reported $40K in total revenue in fiscal year 2024. Net assets of $2.1M represent 615 months of operating reserves.
The corporation is formed and shall be operated tor the exclusively charitable, scientific and educational purposes of promoting the wise use of land in the Town of Southborough, Massachusetts, specifically by the acquisition by gift or purchase of real property and interests in real property in Southborough and the preservation of the same and any other real property in Southborough in its natural scenic, open, or rural condition; by preserving ecologically or agriculturally sensitive land and creating protected wildlife habitats; by disseminating information to, and otherwise educating, the general public as to the need and value of wise land use in southborough; and by engaging in such other activities as shall tend to preserve, beautify and enhance Southborough.
Art on the Trails Project. Artistic installations located on Beals Preserve property from June to September which included a juried show of regional artists.
Build gravel walking path on Beals Preserve to avoid swampy areas during spring.
Repave broken up driveway into Beals parking area.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2024 | 2023 | Change | |
|---|---|---|---|
| Revenue | $40,174 | $40,121 | +0.0% |
| Expenses | $40,634 | $25,333 | +0.6% |
| Net Income | $-460 | $14,788 | -1.0% |
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
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| Destin Heilman | President / Trustee | 3 |
Officer
Director
|
$0 | $0 | $0 |
| Eileen Samberg | Clerk | 10 |
Officer
Director
|
$0 | $0 | $0 |
| Larry Samberg | Treasurer | 10 |
Officer
Director
|
$0 | $0 | $0 |
| Lawrence Spezzano | Vice President | 8 |
Officer
Director
|
$0 | $0 | $0 |
| Sally Watters | Trustee | 5 |
Director
|
$0 | $0 | $0 |
| Ralph Ellis | Trustee | 2 |
Director
|
$0 | $0 | $0 |
| Deborah Costine | Trustee | 5.00 |
Officer
Director
|
$0 | $0 | $0 |
| Kathy Curtiss | Trustee | 3 |
Director
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2025 | No data | No data | No data | No data |
| 2024 | $40,174 | $40,634 | $2,059,584 | $-460 |
| 2024 | $40,174 | $40,634 | $2,059,584 | $-460 |
| 2023 | $40,121 | $25,333 | $2,047,672 | $14,788 |
| 2022 | $30,083 | $33,194 | $2,023,462 | $-3,111 |
| 2021 | $33,462 | $19,038 | $2,068,398 | $14,424 |
| 2020 | $32,045 | $18,462 | $2,047,361 | $13,583 |
| 2019 | $31,037 | $15,723 | $1,985,288 | $15,314 |
| 2018 | $56,761 | $20,769 | $1,942,321 | $35,992 |
Compare SOUTHBOROUGH OPEN LAND FOUNDATION INC with other nonprofits in Massachusetts and across the country.