HISTORIC HARMONY INC

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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

1943

Legal Domicile

Phone

7244527341

Tax Period

2024-01-01 to 2024-12-31

HISTORIC HARMONY INC, founded in 1943, is a small nonprofit that reported $285K in total revenue in fiscal year 2024. Revenue fell 79% from the prior year — a significant decline worth monitoring. The organization ran a surplus of $142K, a strong 50% operating margin.

Mission

TO PRESERVE AND PROMOTE PUBLIC KNOWLEDGE OF THE HARMONY AREA HISTORY AND HERITAGE THROUGH HARMONY MUSEUM COLLECTIONS AND OUTREACH ACTIVITIES

Program Service Accomplishments

Program 1

Expenses: $53,718

HISTORIC HARMONY INC OPERATES SEVEN FACILITIES IN A NATIONAL HISOTRICAL LANDMARK DISTRICT IN PENNSYLVANIA. THESE FACILITIES INCLUDE A MUSEM, WHICH PRESENTS THE AREAS RICH HISTORY THROUGH MUSEUM...

HISTORIC HARMONY INC OPERATES SEVEN FACILITIES IN A NATIONAL HISOTRICAL LANDMARK DISTRICT IN PENNSYLVANIA. THESE FACILITIES INCLUDE A MUSEM, WHICH PRESENTS THE AREAS RICH HISTORY THROUGH MUSEUM TOURS, WALKING TOURS OF THE AREA TO VIEW THE VARIOUS FACILITIES AND CRAFT PROGRAMS FOR STUDENT GROUPS AND VISITORS. SOME OF THE ANNUAL EVENTS INCLUDE A GERMAN STYLE CHRISTMAS MARKET WITH REGIONAL ARTISANS, AN ANTIQUE GUN SHOW AND A FAMILY ORIENTED NEW YEARS CELEBRATION ON GERMAN TIME.

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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 $182,308

Program Service Revenue $30,319

Investment Income $61,357

Other Revenue $10,829

TOTAL REVENUE $284,813

Expense Breakdown

Grants Paid $0

Salaries & Benefits $27,273

Fundraising Expenses $41,800

Program Expenses $53,718

Other Expenses $115,786

TOTAL EXPENSES $143,059

Year-over-Year Comparison

	2024	2023	Change
Revenue	$284,813	$1,387,181	-0.8%
Expenses	$143,059	$175,884	-0.2%
Net Income	$141,754	$1,211,297	-0.9%

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

225

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
KATHY LUEK	PRESIDENT	5.00	Officer Director	$0	$0	$0
CHUCK WELSH	VICE PRESIDENT	5.00	Officer Director	$0	$0	$0
LINDA POWLUS	SECRETARY	5.00	Officer Director	$0	$0	$0
BARBARA ETTER	TREASURER	5.00	Officer Director	$0	$0	$0
ANDREW ORIENT	DIRECTOR	2.00	Director	$0	$0	$0
ROBERT WACHINA	DIRECTOR	2.00	Director	$0	$0	$0
NANCY WILSON	DIRECTOR	2.00	Director	$0	$0	$0
LIN ST CLAIR	DIRECTOR	2.00	Director	$0	$0	$0
DENISE RODGERS	DIRECTOR	2.00	Director	$0	$0	$0
DAVID ENGLE	DIRECTOR	2.00	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	$284,813	$143,059	$2,145,707	$141,754
2023	$1,387,181	$175,884	$1,993,758	$1,211,297
2022	$117,668	$133,369	$782,479	$-15,701
2021	$117,186	$116,524	$800,182	$662
2020	$150,190	$105,015	$798,426	$45,175
2019	$170,609	$107,723	$773,283	$62,886
2018	$71,922	$107,099	$690,290	$-35,177