OCEAN GROVE HISTORIC PRESERVATION SOCIETY INC (EIN 223505238) - Form 990 Financial Analysis & Trantor Score

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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

1995

Legal Domicile

Principal Officer

FRANK DANIELI

Phone

7325020050

Tax Period

2024-01-01 to 2024-12-31

OCEAN GROVE HISTORIC PRESERVATION SOCIETY INC, founded in 1995, is a small nonprofit in the Arts, Culture & Humanities sector that reported $585K in total revenue in fiscal year 2024. Revenue grew 15% year-over-year, indicating healthy expansion. Expenses of $653K exceeded revenue, resulting in a 12% operating deficit.

Mission

PERFORMING AND VISUAL ARTS CENTER, ARTISTS-IN-RESIDENCE AND ART SCHOOL.

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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 (2024)

Revenue Breakdown

Contributions & Grants $155,695

Program Service Revenue $428,717

Investment Income $388

Other Revenue $0

TOTAL REVENUE $584,800

Expense Breakdown

Grants Paid $0

Salaries & Benefits $125,577

Fundraising Expenses $0

Program Expenses $597,612

Other Expenses $527,112

TOTAL EXPENSES $652,689

Year-over-Year Comparison

	2024	2023	Change
Revenue	$584,800	$509,144	+0.1%
Expenses	$652,689	$552,908	+0.2%
Net Income	$-67,889	$-43,764	+0.6%

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

N/A

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
ED SANTORO ESQ	DIRECTOR	N/A	Director	$0	$0	$0
ANN MAURER	DIRECTOR	N/A	Director	$0	$0	$0
MARY ANN CONWAY	SECRETARY	N/A	Officer	$0	$0	$0
FRANK DANIELI	TREASURER	N/A	Officer	$0	$0	$0
MELINDA KELLEY	PRESIDENT	N/A	Officer	$0	$0	$0
JANET ROTHSTEIN	VP	N/A	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	$581,980	$541,260	$2,323,998	$40,720
2024	$584,800	$652,689	$2,215,389	$-67,889
2023	$509,144	$552,908	$2,288,594	$-43,764
2022	$342,996	$466,052	$2,339,859	$-123,056
2021	$422,027	$351,151	$2,426,918	$70,876
2020	$258,095	$317,994	$2,364,318	$-59,899
2019	$275,956	$354,639	$2,432,181	$-78,683
2018	$352,540	$384,285	$2,514,195	$-31,745

OCEAN GROVE HISTORIC PRESERVATION SOCIETY INC