NORTH END HISTORICAL SOCIETY INC

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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

2010

Legal Domicile

Principal Officer

THOMAS DAMIGELLA

Phone

6176803829

Tax Period

2024-07-01 to 2025-06-30

NORTH END HISTORICAL SOCIETY INC, founded in 2010, is a small nonprofit in the Arts, Culture & Humanities sector that reported $165K in total revenue in fiscal year 2024. The organization ran a surplus of $29K, a strong 18% operating margin.

Mission

TO COLLECT AND PRESERVE THE HISTORICAL RECORD AND MATERIAL CULTURE OF BOSTON'S NORTH END. ALSO TO CATALOG AND PRESENT THESE RESOURCES THROUGH PUBLICATIONS, LECTURES, EDUCATIONAL PROGRAMS AND EXHIBITS.

Program Service Accomplishments

Program 1

Expenses: $1,008

TO COLLECT AND PRESERVE THE HISTORICAL RECORD OF THE NORTH END AND TO PRESENT TO AND EDUCATE THE COMMUNITY THROUGH LECTURES AND EXHIBITS.

Program 2

Expenses: $115,000

THE ORGANIZATION HAS COMMISSIONED A SCULPTURE TITLE "NOBLE JOURNEY" SCULPTED BY NANCY SCHON. THE SCULPTURE HONORS THE SACRIFICE AND STRUGGLES OF ITALIAN IMMIGRANTS WHO SETTLED IN BOSTON'S NORTH END...

Program 3

Expenses: $11,365

THE ORGANIZATION WILL HAVE IT'S OWN HISTORICAL MUSEUM. IT IS ESSENTIAL IN FULFILLING OUR MISSION TO HELP PRESERVE AND ENHANCE THE HISTORY AND HERITAGE OF THE NORTH END IN PERPETUITY. THE MUSEUM WILL...

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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 (2024)

Revenue Breakdown

Contributions & Grants $164,504

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $164,504

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $2,551

Program Expenses $127,373

Other Expenses $135,478

TOTAL EXPENSES $135,478

Year-over-Year Comparison

	2024	2023	Change
Revenue	$164,504	N/A	N/A
Expenses	$135,478	N/A	N/A
Net Income	$29,026	N/A	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

Governance

Voting Members

Independent Members

Employees

N/A

Volunteers

N/A

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
DR ANTHONY CORTESE	VICE PRESIDE	N/A	Director	$0	$0	$0
RITA DAMIGELLA	CLERK	N/A	Director	$0	$0	$0
THOMAS DAMIGELLA	PRESIDENT, T	N/A	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
2025	$164,504	$135,478	$37,753	$29,026