NASHUA FISH & GAME ASSOCIATION

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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

1932

Legal Domicile

Principal Officer

MARTY HARMAN

Phone

6038897990

Tax Period

2025-01-01 to 2025-12-31

NASHUA FISH & GAME ASSOCIATION, founded in 1932, is a small nonprofit that reported $292K in total revenue in fiscal year 2025. The organization ran a surplus of $60K, a strong 21% operating margin.

Mission

TO SUPPORT THE RIGHTS OF INDIVIDUALS TO KEEP AND BEAR ARMS WHILE PROMOTING THE PRINCIPLES OF TRUE SPORTSMANSHIP AND PROVIDING THE OPPORTUNITY FOR EDUCATION AND TRAINING. THIS LEADS TO FURTHER ENCOURAGING ORGANIZED COMPETITIVE SHOOTING AMONG CITIZENS IN OUR COMMUNITY WITH A VIEW TOWARDS BETTER FIREARMS KNOWLEDGE, ENHANCED SAFETY AND IMPROVED MARKMANSHIP.

Program Service Accomplishments

Program 1

THE ORGANIZATION CONDUCTED MANY EVENTS, INCLUDING SEMINARS, CLASSES, A JUNIOR RIFLE PROGRAM, A MARKSMANSHIP PROGRAM IN CONJUNCTION WITH THE US DEPARTMENT OF DEFENSE AND OTHER EVENTS AND COMPETITIONS.

Program 2

IN ADDITION, SUBSTANTIAL FUNDS WERE EXPENDED TO MAINTAIN THE ORGANIZATION'S FACILITIES, AND TO MAKE CAPITAL IMPROVEMENTS TO THOSE FACILITIES. IN PARTICULAR, THE ORGANIZATION CONTINUED A PROGRAM TO...

IN ADDITION, SUBSTANTIAL FUNDS WERE EXPENDED TO MAINTAIN THE ORGANIZATION'S FACILITIES, AND TO MAKE CAPITAL IMPROVEMENTS TO THOSE FACILITIES. IN PARTICULAR, THE ORGANIZATION CONTINUED A PROGRAM TO IMPROVE THE ROADS ON IT'S FACILITY, AND TO MAKE MAJOR ENHANCEMENTS TO THE RIFLE RANGES. MATERIAL EXPENDITURES ARE RECORDED AS CAPITAL ASSETS.

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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 (2025)

Revenue Breakdown

Contributions & Grants $209,577

Program Service Revenue $69,265

Investment Income $13,369

Other Revenue $0

TOTAL REVENUE $292,211

Expense Breakdown

Grants Paid $205

Salaries & Benefits $0

Fundraising Expenses $0

Other Expenses $231,704

TOTAL EXPENSES $231,909

Year-over-Year Comparison

	2025	2024	Change
Revenue	$292,211	$274,932	+0.1%
Expenses	$231,909	$240,017	0.0%
Net Income	$60,302	$34,915	+0.7%

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

N/A

Volunteers

130

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
DAVID FRANCE	TRUSTEE	2.00	Director	$0	$0	$0
GARY BARRIAULT	TRUSTEE	2.00	Director	$0	$0	$0
BRUCE BROWNE	TRUSTEE	2.00	Director	$0	$0	$0
BOB LABRIE	TRUSTEE	2.00	Director	$0	$0	$0
DAVE LAVOIE	TRUSTEE	2.00	Director	$0	$0	$0
SHAUN CLARK	TRUSTEE	2.00	Director	$0	$0	$0
MICHAEL WARHOLA	PRESIDENT	2.00	Officer	$0	$0	$0
ROBERT RADUAZZO	1ST VICE PRESIDENT	2.00	Officer	$0	$0	$0
WILLIAM SCOTT	2ND VICE PRESIDENT	2.00	Officer	$0	$0	$0
MARTY HARMAN	TREASURER	2.00	Officer	$0	$0	$0
CHRISTOPHER JOLIAT	RECORDING SECRETARY	2.00	Officer	$0	$0	$0
SUSAN GLEESON	CORRESPONDING SECRETARY	2.00	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	$292,211	$231,909	$1,649,433	$60,302
2024	$274,932	$240,017	$1,589,131	$34,915
2023	$294,001	$247,692	$1,554,216	$46,309
2022	$231,368	$218,908	$1,507,907	$12,460
2021	$226,183	$188,545	$1,495,447	$37,638
2020	$253,435	$143,359	$1,457,809	$110,076
2019	$248,708	$148,309	$1,347,733	$100,399
2018	$249,557	$169,052	$1,247,334	$80,505