Erie, PA
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)Flagship Niagara League, founded in 1980, is a small nonprofit in the Arts, Culture & Humanities sector that reported $416K in total revenue in fiscal year 2024. Revenue fell 73% from the prior year — a significant decline worth monitoring. Expenses of $786K exceeded revenue, resulting in a 89% operating deficit.
The mission of the Flagship Niagara League, in association with the Erie Maritime Museum, is to collect, preserve, document, and interpret the U.S. Brig Niagara and ts role in the Lake Erie compaigns of the War of 1812 and the maritime contributions of Erie to the development
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2024 | 2023 | Change | |
|---|---|---|---|
| Revenue | $416,375 | $1,565,170 | -0.7% |
| Expenses | $786,356 | $1,603,799 | -0.5% |
| Net Income | $-369,981 | $-38,629 | +8.6% |
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
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| Patrick Leary | Board Member | 1.00 |
Director
|
$0 | $0 | $0 |
| Heather McBrier | Board Member | 1.00 |
Director
|
$0 | $0 | $0 |
| James Scheider | Treasurer | 7.00 |
Officer
Director
|
$0 | $0 | $0 |
| Richard Liebel | Board Member | 1.00 |
Director
|
$0 | $0 | $0 |
| Michael Martin | President | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| Joseph Vahey | Board Member | 1.00 |
Director
|
$0 | $0 | $0 |
| Jean Craige Pepper | Board Member | 1.00 |
Director
|
$0 | $0 | $0 |
| William Bloomstine | Board Member | 1.00 |
Director
|
$0 | $0 | $0 |
| Pascal Federici | Secretary | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| Benjamin Scharff | Board Member | 1.00 |
Director
|
$0 | $0 | $0 |
| Joseph Zimmerman | Vice President | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| Ann Halupczynski | Board Member | 1.00 |
Director
|
$0 | $0 | $0 |
| Pam Forsyth | Board Member | 1.00 |
Director
|
$0 | $0 | $0 |
| Clive Tatersall | Board Member | 1.00 |
Director
|
$0 | $0 | $0 |
| Kevin Sekker | Board member | 1.00 |
Director
|
$0 | $0 | $0 |
| Linda Stevenson | Board Member | 1.00 |
Director
|
$0 | $0 | $0 |
| Llyoyd Walker | Board Member | 1.00 |
Director
|
$0 | $0 | $0 |
| Kathleen Dahlkemper | Board Member | 1.00 |
Director
|
$0 | $0 | $0 |
| Charles Naser | Board Member | 1.00 |
Director
|
$0 | $0 | $0 |
| Tammy Baker | Board Member | 1.00 |
Director
|
$0 | $0 | $0 |
| William Sabatini | Executive Dir. | 1.00 |
Officer
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2024 | $416,375 | $786,356 | $121,935 | $-369,981 |
| 2023 | $1,565,170 | $1,603,799 | $598,004 | $-38,629 |
| 2022 | $1,505,553 | $1,680,560 | $526,015 | $-175,007 |
| 2021 | $1,486,616 | $1,705,325 | $891,920 | $-218,709 |
| 2020 | $845,402 | $836,392 | $914,735 | $9,010 |
| 2019 | $1,922,813 | $1,911,541 | $615,316 | $11,272 |
| 2018 | $1,297,334 | $1,908,026 | $768,762 | $-610,692 |
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