FALLS VILLAGE-CANAAN HISTORICAL SOC

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

1971

Legal Domicile

Principal Officer

JUDY JACOBS

Phone

8608247730

Tax Period

2025-01-01 to 2025-12-31

FALLS VILLAGE-CANAAN HISTORICAL SOC, founded in 1971, is a micro nonprofit in the Arts, Culture & Humanities sector that reported $26K in total revenue in fiscal year 2025. Revenue decreased 9% compared to the prior year. Expenses of $35K exceeded revenue, resulting in a 32% operating deficit.

Mission

EDUCATIONAL AND CHARITABLE MUSEUM THAT HOUSES, PRESERVES AND SHARES LOCAL GENEALOGICAL ARCHIVES AND HISTORICAL ARTIFACTS.

Program Service Accomplishments

Program 1

Expenses: $33,727 Revenue: $26,318

THE SOCIETY OWNS AND OPERATED A LOCAL HISTORY MUSEUM IN FALLS VILLAGE, CT, DISPLAYS ARTIFACTS AND ARCHIVES OF LOCAL HISTORY AND FAMILIES; PREPARES A NEWSLETTER OF CURRENT LOCAL EVENTS, AND SPONSORS A...

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2025)

Revenue Breakdown

Contributions & Grants $19,642

Program Service Revenue $7,217

Investment Income $731

Other Revenue $-1,272

TOTAL REVENUE $26,318

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $33,727

Other Expenses $34,677

TOTAL EXPENSES $34,677

Year-over-Year Comparison

	2025	2024	Change
Revenue	$26,318	$29,050	-0.1%
Expenses	$34,677	$38,088	-0.1%
Net Income	$-8,359	$-9,038	-0.1%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

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
JUDY JACOBS	PRESIDENT	3.00	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
2025	$26,318	$34,677	$1,123,211	$-8,359
2024	$29,050	$38,088	$1,126,617	$-9,038
2023	$39,012	$51,916	$1,161,220	$-12,904
2022	$39,616	$40,851	$1,156,377	$-1,235
2021	$31,961	$16,122	$1,159,779	$15,839
2020	$28,151	$14,570	$1,149,623	$13,581