ASBURY PARK HISTORICAL SOCIETY (EIN 223812489) - 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

2001

Legal Domicile

Principal Officer

JAMES HENRY

Tax Period

2020-01-01 to 2020-12-31

ASBURY PARK HISTORICAL SOCIETY, founded in 2001, is a micro nonprofit in the Arts, Culture & Humanities sector that reported $19K in total revenue in fiscal year 2020. Revenue fell 24% from the prior year — a significant decline worth monitoring. Expenses of $30K exceeded revenue, resulting in a 56% operating deficit.

Mission

THE MISSION OF THE ASBURY PARK HISTORICAL SOCIETY IS TO ADVANCE THE UNDERSTANDING, APPRECIATION, PRESERVATION AND RESTORATION OF ANYTHING OF HISTORICAL VALUE TO THE CITY OF ASBURY PARK, NEW JERSEY

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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 (2020)

Revenue Breakdown

Contributions & Grants $13,582

Program Service Revenue $0

Investment Income $33

Other Revenue $5,500

TOTAL REVENUE $19,115

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $10,651

Other Expenses $29,813

TOTAL EXPENSES $29,813

Year-over-Year Comparison

	2020	2019	Change
Revenue	$19,115	$25,003	-0.2%
Expenses	$29,813	$35,184	-0.2%
Net Income	$-10,698	$-10,181	+0.1%

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

N/A

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
EILEEN CHAPMAN	SPECIAL EVEN	2.00	Director	$0	$0	$0
TOM CHESEK	PROGRAMS	2.00	Director	$0	$0	$0
TEDDY CHOMKO	FUNDRAISING	2.00	Director	$0	$0	$0
MARY DAMATO	TRUSTEE	2.00	Director	$0	$0	$0
JENNIFER RAE SCHULMAN	WEBSITE & ME	2.00	Director	$0	$0	$0
SUSAN SKOKOS	MEMBERSHIP	N/A	Director	$0	$0	$0
DOLLY STENESKY	TRUSTEE	2.00	Director	$0	$0	$0
KAY HARRIS	PRESIDENT	2.00	Officer	$0	$0	$0
JAMES HENRY	VP-LEGAL AFF	2.00	Officer	$0	$0	$0
SUSAN ROSENBERG	SECRETARY	2.00	Officer	$0	$0	$0
ANDY SKOKOS	TREASURER	2.00	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
2020	$19,115	$29,813	$373,423	$-10,698
2019	$25,003	$35,184	$384,121	$-10,181
2018	$26,746	$27,444	$394,302	$-698

ASBURY PARK HISTORICAL SOCIETY