FREETOWN HISTORICAL SOCIETY INC

EIN: 237080741 501(c)(3) Arts, Culture & Humanities

ASSONET, MA

Total Revenue
$219,760
Total Expenses
$184,603
Total Assets
$2,605,132
Net Assets
$2,603,307
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1969
Legal Domicile
MA
Principal Officer
V JOY MILLER
Phone
5086445310
Tax Period
2024-05-01 to 2025-04-30

FREETOWN HISTORICAL SOCIETY INC, founded in 1969, is a small nonprofit in the Arts, Culture & Humanities sector that reported $220K in total revenue in fiscal year 2024. Revenue grew 14% year-over-year, indicating healthy expansion. The organization ran a surplus of $35K, a strong 16% operating margin.

Mission

TO ACQUIRE AND PRESERVE FOR POSTERITY, THE ARTIFACTS AND HISTORY OF THE TOWN OF FREETOWN, MASSACHUSETTS.

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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%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $168,422
Program Service Revenue $0
Investment Income $51,338
Other Revenue $0
TOTAL REVENUE $219,760

Expense Breakdown

Grants Paid $0
Salaries & Benefits $37,579
Fundraising Expenses $0
Program Expenses $124,336
Other Expenses $147,024
TOTAL EXPENSES $184,603

Year-over-Year Comparison

2024 2023 Change
Revenue $219,760 $193,002 +0.1%
Expenses $184,603 $228,090 -0.2%
Net Income $35,157 $-35,088 -2.0%
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

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Liquidity & Cash Position

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Governance

Voting Members
11
Independent Members
14
Employees
2
Volunteers
13

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
5
$0
Total Directors
14
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
RICHARD KENDRICK PRESIDENT N/A
Officer Director
$0 $0 $0
WILLIAM COPELAND VICE PRESIDE N/A
Officer Director
$0 $0 $0
V JOY MILLER TREASURER N/A
Officer Director
$0 $0 $0
MARGARET RUSSELL SECRETARY N/A
Officer Director
$0 $0 $0
SUE PIERONI DIRECTOR N/A
Director
$0 $0 $0
JEREMY ENZIAN DIRECTOR N/A
Director
$0 $0 $0
FRANK ASHLEY DIRECTOR N/A
Director
$0 $0 $0
MARILYN ROBBINS DIRECTOR N/A
Director
$0 $0 $0
BETTY ASHLEY DIRECTOR N/A
Director
$0 $0 $0
WILLIAM COPELAND DIRECTOR N/A
Director
$0 $0 $0
MARK WHITTAKER DIRECTOR N/A
Director
$0 $0 $0
JAMES MILLER VICE PRESIDE N/A
Officer Director
$0 $0 $0
ERIC DODENHOFF ASSISTANT SE N/A
Director
$0 $0 $0
ROY JONES DIRECTOR N/A
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 $219,760 $184,603 $2,605,132 $35,157
2023 $176,878 $118,324 $2,250,049 $58,554
2022 $209,356 $170,514 $2,125,247 $38,842
2021 $157,941 $102,138 $2,086,986 $55,803
2020 $254,652 $284,437 $2,030,601 $-29,785
2019 $206,729 $87,436 $2,061,877 $119,293
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