FRIENDS OF THE STONE CHURCH

EIN: 474575235 501(c)(3) Religion

GILBERTVILLE, MA

Total Revenue
$116,307
Total Expenses
$135,620
Total Assets
$479,312
Net Assets
$479,312
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2015
Legal Domicile
MA
Principal Officer
JUDITH EDINGTON
Phone
6175963250
Tax Period
2024-01-01 to 2024-12-31

FRIENDS OF THE STONE CHURCH, founded in 2015, is a small nonprofit in the Religion sector that reported $116K in total revenue in fiscal year 2024. Revenue fell 42% from the prior year — a significant decline worth monitoring. Expenses of $136K exceeded revenue, resulting in a 17% operating deficit.

Mission

THE MISSION OF THE FRIENDS OF THE STONE CHURCH, INC. (FOSC) IS TO PRESERVE AND PROTECT THE STONE CHURCH BUILDING LOCATED IN GILBERTVILLE, MASSACHUSETTS AND TO FACILITATE ITS USE BY AND SERVICE TO THE COMMUNITY. FOSC'S VISION IS TO USE THE HISTORICE LANDMARK AS A PLACE OF CULTURAL AND COMMUNITY ENRICHMENT. WORKING COLLABORATIVELY WITH INDIVIDUALS AND PRIVATE AND PUBLIC ORGANIZATIONS, FOSC SEEKS TO IMPROVE THE LIVES OF THOSE IN OUR COMMUNITY AND REGION.

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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 $102,367
Program Service Revenue $7,635
Investment Income $1,572
Other Revenue $4,733
TOTAL REVENUE $116,307

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $4,035
Program Expenses $126,363
Other Expenses $135,620
TOTAL EXPENSES $135,620

Year-over-Year Comparison

2024 2023 Change
Revenue $116,307 $199,939 -0.4%
Expenses $135,620 $151,300 -0.1%
Net Income $-19,313 $48,639 -1.4%
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

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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
7
Independent Members
7
Employees
N/A
Volunteers
25

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
$0
Total Directors
10
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
KAYE BOOTHMAN DIRECTOR (FMR) 5.00
Director
$0 $0 $0
LISA JANICE COHEN DIRECTOR 5.00
Director
$0 $0 $0
JUDITH EDINGTON PRESIDENT/DIRECTOR 5.00
Officer Director
$0 $0 $0
JUDY KNIGHT CLERCK/DIRECTOR 5.00
Officer Director
$0 $0 $0
JUDY KOHN DIRECTOR 5.00
Director
$0 $0 $0
KATHY MCCROHON DIRECTOR 5.00
Director
$0 $0 $0
ANNE RYLESTONE DIRECTOR (FMR) 5.00
Director
$0 $0 $0
MARY WARBASSE TREASURER/DIRECTOR (FMR) 35.00
Officer Director
$0 $0 $0
PHILLIP WARBASSE DIRECTOR 10.00
Director
$0 $0 $0
CHERYL WOLFE DIRECTOR 10.00
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
2024 $116,307 $135,620 $479,312 $-19,313
2023 $199,939 $151,300 $498,625 $48,639
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