WELD 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

2012

Legal Domicile

Principal Officer

Sean Minear

Phone

2075852542

Tax Period

2024-09-01 to 2025-08-31

WELD HISTORICAL SOCIETY INC, founded in 2012, is a micro nonprofit in the Arts, Culture & Humanities sector that reported $14K in total revenue in fiscal year 2024. Expenses of $25K exceeded revenue, resulting in a 82% operating deficit.

Mission

TO COLLECT AND PRESERVE DATA AND MATERIAL OBJECTS CONCERNING WELD MAINE

Program Service Accomplishments

Program 1

Expenses: $0 Revenue: $0

HISTORY OF WELD MAINE THROUGH AQUISITION AND PRESERVATION OF HISTORICAL PROPERTIES, BUILDINGS AND COLLECTIONS.

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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 $13,855

Program Service Revenue $0

Investment Income $6

Other Revenue $0

TOTAL REVENUE $13,861

Expense Breakdown

Grants Paid $100

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $100

Other Expenses $25,082

TOTAL EXPENSES $25,182

Year-over-Year Comparison

	2024	2023	Change
Revenue	$13,861	$12,841	+0.1%
Expenses	$25,182	$34,000	-0.3%
Net Income	$-11,321	$-21,159	-0.5%

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
SCOTT MINEAR	PRESIDENT	4.0	Director	$0	$0	$0
CHRIS WALKER	VICE PRESIDENT	4.0	Director	$0	$0	$0
CAROL COCHRAN	SECRETARY	4.0	Director	$0	$0	$0
BETTY SIMANEK	TREASURER	4.0	Director	$0	$0	$0
COLLEEN STEWART	BOARD MEMBER	2.0	Officer	$0	$0	$0
LAURIE PRATT	BOARD MEMBER	2.0	Officer	$0	$0	$0
RON THOMPSON	BOARD MEMBER	2.0	Officer	$0	$0	$0
LISA BOFINGER	BOARD MEMBER	2.0	Officer	$0	$0	$0
JENNIFER HUTCHINSON	BOARD MEMBER	2.0	Officer	$0	$0	$0
SCOTT ISHERWOOD	BOARD MEMBER	2.0	Officer	$0	$0	$0
DIANA DEMERS	BOARD MEMBER	2.0	Officer	$0	$0	$0
WALLIS TYLER	BOARD MEMBER	2.0	Officer	$0	$0	$0
CRAIG HUTCHINSON	BOARD MEMBER	2.0	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
2025	$13,861	$25,182	$1,008,401	$-11,321
2024	$12,841	$34,000	$956,753	$-21,159
2023	$17,063	$24,750	$917,883	$-7,687
2022	$836,805	$28,368	$907,238	$808,437