Speare Memorial at Boulder Point Inc

EIN: 263888977 501(c)(3) Philanthropy & Grantmaking

Plymouth, NH

Total Revenue
$-312,767
Total Expenses
N/A
Total Assets
$12,916,401
Net Assets
$1,542,326
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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
2008
Legal Domicile
NH
Principal Officer
Michelle McEwen
Phone
6035361120
Tax Period
2024-07-01 to 2025-06-30

Speare Memorial at Boulder Point Inc, founded in 2008, is a micro nonprofit in the Philanthropy & Grantmaking sector that reported $313K in total revenue in fiscal year 2024.

Mission

To acquire, own, develop and finance certain real estate property for Speare Memorial Hospital to further the charitable purposes of the hospital.

Program Service Accomplishments

Program 1
Revenue: $-378,667

Provide medical office space in Plymouth, New Hampshire.

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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%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $0
Investment Income $31,365
Other Revenue $-344,132
TOTAL REVENUE $-312,767

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Other Expenses $0
TOTAL EXPENSES $0

Year-over-Year Comparison

2024 2023 Change
Revenue $-312,767 $-481,774 -0.4%
Expenses N/A N/A N/A
Net Income N/A $-481,774 N/A
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

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Governance

Voting Members
6
Independent Members
4
Employees
N/A
Volunteers
6

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
3
$697,956
Total Directors
8
$697,956
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Michelle McEwen President/CEO 1.00
Officer Director
$0 $64,510 $480,523
Joseph Caristi CFO 1.00
Officer Director
$0 $34,255 $217,433
Walter Johnson Treasurer 1.00
Officer Director
$0 $0 $0
Julie Bernier Board Member 1.00
Director
$0 $0 $0
Ken Evans Board Member 1.00
Director
$0 $0 $0
Margaret Turner Board Member 1.00
Director
$0 $0 $0
Robert Maloney Past Board Member 1.00
Director
$0 $0 $0
Thomas Myrick Past Board Member 1.00
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
2025 $-312,767 No data $12,916,401 No data
2024 $-481,774 No data $13,455,143 No data
2023 $-35,675 No data $11,797,686 No data
2022 $-12,878 No data $6,707,046 No data
2021 $117,400 No data $5,439,318 No data
2020 $54,914 No data $5,824,189 No data
2019 $57,758 No data $6,164,506 No data
2018 $38,810 No data $6,450,790 No data
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