WESTPORT HISTORICAL SOCIETY INC (EIN 237402125) - Form 990 Financial Analysis & Trantor Score

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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

1889

Legal Domicile

Principal Officer

RAMIN GANESHRAM

Phone

2032221424

Tax Period

2023-01-01 to 2023-12-31

WESTPORT HISTORICAL SOCIETY INC, founded in 1889, is a small nonprofit in the Arts, Culture & Humanities sector that reported $295K in total revenue in fiscal year 2023. Revenue fell 87% from the prior year — a significant decline worth monitoring. Expenses of $708K exceeded revenue, resulting in a 141% operating deficit.

Mission

INSPIRE HOLISTIC DISCOVERY OF WESTPORT HISTORY, INCLUSIVE OF ITS COLLECTIVE HERITAGE

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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 (2023)

Revenue Breakdown

Contributions & Grants $203,442

Program Service Revenue $28,873

Investment Income $57,999

Other Revenue $4,198

TOTAL REVENUE $294,512

Expense Breakdown

Grants Paid $0

Salaries & Benefits $361,125

Fundraising Expenses $64,265

Program Expenses $383,445

Other Expenses $347,193

TOTAL EXPENSES $708,318

Year-over-Year Comparison

	2023	2022	Change
Revenue	$294,512	$2,273,153	-0.9%
Expenses	$708,318	$612,884	+0.2%
Net Income	$-413,806	$1,660,269	-1.2%

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

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

$147,238

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
RAMIN GANESHRAM	EXECUTIVE DI	40.00	Officer	$147,238	$0	$147,238
CATHERINE LEWIS	DIRECTOR	1.00	Director	$0	$0	$0
CHERYL BLISS	DIRECTOR	1.00	Director	$0	$0	$0
CHRISTINA TORRES	SECRETARY	1.00	Officer Director	$0	$0	$0
DANNELL LYNE	TREASURER	1.00	Officer Director	$0	$0	$0
GREG PORRETTA	BOARD CHAIRM	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	$294,512	$708,318	$3,183,401	$-413,806
2022	$2,273,153	$612,884	$3,557,727	$1,660,269
2021	$479,773	$492,968	$1,967,777	$-13,195
2020	$706,030	$492,244	$1,812,356	$213,786
2019	$205,436	$473,705	$1,652,098	$-268,269
2018	$492,306	$456,352	$1,741,685	$35,954

WESTPORT HISTORICAL SOCIETY INC