THE CURRAN HOMESTEAD (EIN 223236711) - 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

1993

Legal Domicile

Principal Officer

RICHARD STOCKFORD

Phone

2079459311

Tax Period

2024-01-01 to 2024-12-31

THE CURRAN HOMESTEAD, founded in 1993, is a micro nonprofit in the Education sector that reported $48K in total revenue in fiscal year 2024. Revenue fell 66% from the prior year — a significant decline worth monitoring. Expenses of $42K left a modest 14% surplus.

Mission

CURRAN HOMESTEAD VILLAGE HAS A NEW MISSION THAT SEEKS TO COLLECT, PRESERVE, AND UTILIZE ARTIFACTS FOR EXHIBITS, LIVING HISTORY, TRADITIONAL ARTS, AND HANDS-ON EDUCATION. THE MUSEUM HAS A SECOND CAMPUS IN NEWFIELD, IN SOUTHWESTERN MAINE, THAT INCLUDES 25 BUILDINGS AND MORE THAN 10,000 ARTIFACTS. COMBINED WITH THE FIELDS POND CAMPUS, THE MUSEUM SAW 3000 VISITORS. AT NEWFIELD, THERE ARE WORKSHOPS FOR CHILDREN AND ADULTS YEAR- ROUND; THERE IS A SCHOOL FIELD TRIP PROGRAM THAT SERVES MORE THAN TWO DOZEN SCHOOLS. FIELDS POND IS DEVELOPING SIMILAR OPPORTUNITIES. SEASONAL EVENTS AT BOTH CAMPUSES INCLUDE MAPLE SUGARING, ICE HARVESTING, ANTIQUE TRACTORS AND MACHINERY, HORSE DRAWN SLEDS, WOODWORKING, BLACKSMITHING AND DOMESTIC ARTS. GREATER EMPHASIS IS ON FEATURING WORKSHOPS AND PROGRAMMING THAT HAS SCIENCE AND TECHNOLOGY LEARNING OBJECTIVES.

🔒

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 (2024)

Revenue Breakdown

Contributions & Grants $42,450

Program Service Revenue $8,246

Investment Income $-2,478

Other Revenue $164

TOTAL REVENUE $48,382

Expense Breakdown

Grants Paid $0

Salaries & Benefits $262

Fundraising Expenses $1,349

Program Expenses $30,843

Other Expenses $41,551

TOTAL EXPENSES $41,813

Year-over-Year Comparison

	2024	2023	Change
Revenue	$48,382	$140,746	-0.7%
Expenses	$41,813	$154,604	-0.7%
Net Income	$6,569	$-13,858	-1.5%

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
RICHARD B HANSON	HONORARY DIR	0.00	Director	$0	$0	$0
FRED HARTSTONE	DIRECTOR	10.00	Director	$0	$0	$0
JAMES H LEIGHTON JR	HONORARY DIR	0.00	Director	$0	$0	$0
IRVINE MARSTERS	VICE PRESIDE	30.00	Officer Director	$0	$0	$0
KAREN L MARSTERS	ASSISTANT TR	15.00	Officer Director	$0	$0	$0
RICHARD STOCKFORD	SECRETARY/PR	4.00	Officer Director	$0	$0	$0
RONALD SUCY	TREASURER	10.00	Officer Director	$0	$0	$0
ROBERT SCHMICK	EXECUTIVE DI	60.00	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	$48,382	$41,813	$2,710,037	$6,569
2023	$140,746	$154,604	$2,704,122	$-13,858
2022	$159,849	$177,172	$2,716,891	$-17,323
2021	$129,060	$174,646	$2,707,987	$-45,586
2020	$124,018	$160,079	$2,618,121	$-36,061
2019	$176,515	$168,969	$2,512,522	$7,546
2018	$195,864	$141,752	$2,504,830	$54,112

THE CURRAN HOMESTEAD