GREATER MILFORD AREA HISTORICAL SOCIETY INC (EIN 311009491) - 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

1967

Legal Domicile

Phone

5132480324

Tax Period

2024-01-01 to 2024-12-31

GREATER MILFORD AREA HISTORICAL SOCIETY INC, founded in 1967, is a small nonprofit in the Arts, Culture & Humanities sector that reported $121K in total revenue in fiscal year 2024. Expenses of $114K left a modest 6% surplus.

Mission

PRESERVE, CONSERVE AND PROMOTE THE RICH HISTORY OF MILFORD AND MIAMI TOWNSHIP, OHIO

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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 $51,831

Program Service Revenue $21,714

Investment Income $39,083

Other Revenue $7,950

TOTAL REVENUE $120,578

Expense Breakdown

Grants Paid $0

Salaries & Benefits $59,799

Fundraising Expenses $0

Program Expenses $27,735

Other Expenses $54,058

TOTAL EXPENSES $113,857

Year-over-Year Comparison

	2024	2023	Change
Revenue	$120,578	$114,621	+0.1%
Expenses	$113,857	$115,809	0.0%
Net Income	$6,721	$-1,188	-6.7%

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

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
GEORGE PATTISON	BOARD MEMBER	1.00	Director	$0	$0	$0
PEGGY ROSENBLUTH	BOARD MEMBER	1.00	Director	$0	$0	$0
DIANA KUHNELL	BOARD MEMBER	1.00	Director	$0	$0	$0
ED BRADY	BOARD MEMBER	1.00	Director	$0	$0	$0
BRAD PRICE	BOARD MEMBER	1.00	Director	$0	$0	$0
PAM CERVENY	BOARD MEMBER	1.00	Director	$0	$0	$0
DEBRA PATEK	BOARD MEMBER	1.00	Director	$0	$0	$0
DIANNA DAVIS	VICE PRESIDENT	5.00	Officer	$0	$0	$0
GEORGE NYKTAS	TREASURER	5.00	Officer	$0	$0	$0
MARY NYKTAS	SECRETARY	5.00	Officer	$0	$0	$0
AMY PRITTS	PRESIDENT	5.00	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
2024	$120,578	$113,857	$1,295,587	$6,721
2023	$114,621	$115,809	$1,167,754	$-1,188
2022	$113,175	$130,809	$1,076,758	$-17,634
2021	$267,462	$106,226	$1,280,889	$161,236
2021	$100,200	$106,226	$1,280,889	$-6,026
2020	$40,636	$94,916	$1,551,372	$-54,280
2019	$93,007	$98,151	$1,376,477	$-5,144
2018	$71,769	$88,497	$1,314,590	$-16,728

GREATER MILFORD AREA HISTORICAL SOCIETY INC