HANOVER AREA HISTORICAL SOCIETY

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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

1965

Legal Domicile

Principal Officer

KEITH MUMMERT

Phone

7176323207

Tax Period

2023-09-01 to 2024-08-31

HANOVER AREA HISTORICAL SOCIETY, founded in 1965, is a small nonprofit that reported $988K in total revenue in fiscal year 2023. Revenue surged 105% from the prior year, signaling strong growth momentum. The organization ran a surplus of $587K, a strong 59% operating margin.

Mission

TO PRESERVE, PROTECT AND PROMOTE THE HISTORICAL STORY OF THE HANOVER AREA.

Program Service Accomplishments

Program 1

Expenses: $332,530 Revenue: $39,262

FOSTERED INTEREST IN AND PRESERVED THE HISTORY OF HANOVER, PA AND SURROUNDING AREAS. MAINTAINED, PRESERVED, AND OPENED TWO LOCAL HISTORICAL PROPERTIES TO THE PUBLIC. HOSTED SEVERAL EVENTS INCLUDING...

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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 (2023)

Revenue Breakdown

Contributions & Grants $892,761

Program Service Revenue $39,262

Investment Income $57,278

Other Revenue $-993

TOTAL REVENUE $988,308

Expense Breakdown

Grants Paid $0

Salaries & Benefits $70,376

Fundraising Expenses $1,123

Program Expenses $332,530

Other Expenses $331,119

TOTAL EXPENSES $401,495

Year-over-Year Comparison

	2023	2022	Change
Revenue	$988,308	$481,332	+1.1%
Expenses	$401,495	$310,932	+0.3%
Net Income	$586,813	$170,400	+2.4%

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
BEA HASKINS	PRESIDENT	1.00	Officer Director	$0	$0	$0
PATRICIA MILLER	PAST PRESIDE	1.00	Officer Director	$0	$0	$0
KC WRIGHT	PRESIDENT EL	1.00	Officer Director	$0	$0	$0
SHARON KREBS	SECRETARY	1.00	Officer Director	$0	$0	$0
KEITH MUMMERT	TREASURER	1.00	Officer Director	$0	$0	$0
PHIL SWOPE	ASSISTANT TR	1.00	Officer Director	$0	$0	$0
JEFF ROSENZWEIG	DIRECTOR	0.25	Director	$0	$0	$0
ZACHARY ZAWISA	DIRECTOR	0.25	Director	$0	$0	$0
PATTY HEGBERG	DIRECTOR	0.25	Director	$0	$0	$0
DR BARBARA WERT	DIRECTOR	0.25	Director	$0	$0	$0
C MICHAEL NOBLE II	DIRECTOR	0.25	Director	$0	$0	$0
COURTNEY BRICKMAN	DIRECTOR	0.25	Director	$0	$0	$0
LISA BENECKE	DIRECTOR	0.25	Director	$0	$0	$0
RICHARD CROUSE	DIRECTOR	0.25	Director	$0	$0	$0
KEN WEILER	DIRECTOR	0.25	Director	$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	No data	No data	No data	No data
2024	$988,308	$401,495	$4,015,706	$586,813
2023	$481,332	$310,932	$3,287,029	$170,400
2022	$231,327	$298,810	$3,047,356	$-67,483
2021	$158,273	$255,352	$3,248,461	$-97,079
2020	$269,847	$222,210	$3,177,929	$47,637
2019	$346,558	$251,756	$3,099,118	$94,802
2018	$284,677	$267,797	$3,026,921	$16,880