HISTORIC STAUNTON FOUNDATION INC

🔒

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

KELLY GRANTIER

Phone

5408857676

Tax Period

2023-01-01 to 2023-12-31

HISTORIC STAUNTON FOUNDATION INC, founded in 1971, is a small nonprofit that reported $521K in total revenue in fiscal year 2023. Revenue surged 206% from the prior year, signaling strong growth momentum. The organization ran a surplus of $328K, a strong 63% operating margin.

Mission

ARCHITECTURAL PRESERVATION

Program Service Accomplishments

Program 1

Expenses: $144,127

HISTORIC STAUNTON FOUNDATION WORKS TO PROMOTE THE PRESERVATION AND REUSE OF BUILDINGS IN STAUNTON'S FIVE HISTORIC DISTRICTS AND OTHER OLDER NEIGHBORHOODS. THE ORGANIZATION PROVIDES VARIOUS PROGRAMS AND SERVICES TO ENCOURAGE CONTINUED REVITALIZATION AND PROTECTION OF OUR HISTORIC RESOURCES. PROGRAMS INCLUDE PUBLIC EDUCATION AND AWARENESS, ADVOCACY, PROMOTION AND TOURISM, TAX INCENTIVE ADVICE, AND TECHNICAL AND DESIGN ASSISTANCE TO THE COMMUNITY. BY WORKING WITH BOTH THE PUBLIC AND PRIVATE SECTORS, THE ORGANIZATION AIMS TO PROMOTE ECONOMIC REVITALIZATION, BUILD THE ECOMOMIC TAX BASE, ATTRACT NEW BUSINESSES, AND CREATE AN ATTRACTIVE AND VIABLE HISTORIC COMMUNITY FOR RESIDENTS AND VISITORS. THE ORGANIZATION IS A STRONGLY SUPPORTED VOICE IN THE COMMUNITY.

🔒

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 (2023)

Revenue Breakdown

Contributions & Grants $409,926

Program Service Revenue $0

Investment Income $78,141

Other Revenue $32,568

TOTAL REVENUE $520,635

Expense Breakdown

Grants Paid $0

Salaries & Benefits $137,175

Fundraising Expenses $24,505

Program Expenses $144,127

Other Expenses $55,752

TOTAL EXPENSES $192,927

Year-over-Year Comparison

	2023	2022	Change
Revenue	$520,635	$170,410	+2.1%
Expenses	$192,927	$189,796	+0.0%
Net Income	$327,708	$-19,386	-17.9%

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

375

Employees

Volunteers

100

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

$78,510

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
FRANK STRASSLER	EXECUTIVE DI	40.00	Officer	$61,999	$16,511	$78,510
DUANE BARRON	DIRECTOR	1.00	Director	$0	$0	$0
DAVE SHUE	VICE PRESIDE	1.00	Officer Director	$0	$0	$0
LINDA STEIGLEDER	DIRECTOR	1.00	Director	$0	$0	$0
LEONARD PITTMAN	DIRECTOR	1.00	Director	$0	$0	$0
DREAMA ANDERSON	DIRECTOR	1.00	Director	$0	$0	$0
SHARON ANGLE	DIRECTOR	1.00	Director	$0	$0	$0
BOB BARRON	DIRECTOR	1.00	Director	$0	$0	$0
BRITT BECKER	TREASURER	1.00	Director	$0	$0	$0
STEVEN BUTLER	DIRECTOR	1.00	Director	$0	$0	$0
KELLY GRANTIER	PRESIDENT	8.00	Officer Director	$0	$0	$0
DAIN HAMMOND	DIRECTOR	1.00	Director	$0	$0	$0
PATRICIA HARDESTY	DIRECTOR	1.00	Director	$0	$0	$0
LIBBY HARTMAN	DIRECTOR	1.00	Director	$0	$0	$0
DAVE PERRY-MILLER	DIRECTOR	1.00	Director	$0	$0	$0
NELSON HAY	SECRETARY	1.00	Officer 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
2024	No data	No data	No data	No data
2023	$520,635	$192,927	$2,285,269	$327,708
2022	$170,410	$189,796	$1,755,968	$-19,386
2021	$720,733	$170,504	$2,075,136	$550,229
2020	$928,322	$161,912	$1,416,345	$766,410
2019	$151,020	$156,991	$598,862	$-5,971
2018	$161,422	$175,045	$525,086	$-13,623