AFCEA EDUCATIONAL FOUNDATION LEXINGTON-CONCORD CHAPTER

EIN: 521431942 501(c)(3)

HUDSON, NH

Total Revenue
$156,003
Total Expenses
$163,716
Total Assets
$10,178
Net Assets
$-7,451
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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
1979
Legal Domicile
MA
Principal Officer
MICHAEL ADAMS
Phone
6033052902
Tax Period
2024-09-01 to 2025-08-31

AFCEA EDUCATIONAL FOUNDATION LEXINGTON-CONCORD CHAPTER, founded in 1979, is a small nonprofit that reported $156K in total revenue in fiscal year 2024.

Mission

THE ORGANIZATION IS DEDICATED TO RAISING FUNDS IN ORDER TO PROVIDE EDUCATIONAL GRANTS AND SCHOLARSHIPS TO INDIVIDUALS WISHING TO PURSUE DISCIPLINES IN THE TECHNOLOGICAL OR SCIENTIFIC FIELDS OF STUDY.

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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 $149,256
Program Service Revenue $0
Investment Income $0
Other Revenue $6,747
TOTAL REVENUE $156,003

Expense Breakdown

Grants Paid $156,613
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $156,613
Other Expenses $7,103
TOTAL EXPENSES $163,716

Year-over-Year Comparison

2024 2023 Change
Revenue $156,003 $156,932 0.0%
Expenses $163,716 $149,230 +0.1%
Net Income $-7,713 $7,702 -2.0%
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
28
Independent Members
28
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
0
$0
Total Directors
33
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
MICHAEL ADAMS TREASURER 1.00
Director
$0 $0 $0
JOHN BEATTY BOARD MEMBER 1.00
Director
$0 $0 $0
MIKE CANAVAN BOARD MEMBER 1.00
Director
$0 $0 $0
MICHELE CIMINO BOARD MEMBER 1.00
Director
$0 $0 $0
COL BILL COLLINS BOARD MEMBER 1.00
Director
$0 $0 $0
JUSTIN COLLINS BOARD MEMBER 1.00
Director
$0 $0 $0
RON CORSETTI BOARD MEMBER 1.00
Director
$0 $0 $0
CDR DANIEL DOUGHERTY BOARD MEMBER 1.00
Director
$0 $0 $0
ANGELA DUPONT BOARD MEMBER 1.00
Director
$0 $0 $0
STEVE FALCONE BOARD MEMBER 1.00
Director
$0 $0 $0
MAUREEN FLYNN BOARD MEMBER 1.00
Director
$0 $0 $0
PAULINE FROEBEL DIRECTOR EME 1.00
Director
$0 $0 $0
CLAIRE GOULET DIRECTOR EME 1.00
Director
$0 $0 $0
BG GEORGE CHRIS HACKLER BOARD MEMBER 1.00
Director
$0 $0 $0
PAT HAMILTON CHAIRPERSON 1.00
Director
$0 $0 $0
COL GABRIEL HILEY BOARD MEMBER 1.00
Director
$0 $0 $0
COL JORGE JIMENEZ DIRECTOR EME 1.00
Director
$0 $0 $0
GENE KESELMAN BOARD MEMBER 1.00
Director
$0 $0 $0
MIKE MCGINLEY BOARD MEMBER 1.00
Director
$0 $0 $0
JIM MUISE BOARD MEMBER 1.00
Director
$0 $0 $0
HANS OLSON BOARD MEMBER 1.00
Director
$0 $0 $0
ANDREA PANAGOULIAS BOARD MEMBER 1.00
Director
$0 $0 $0
BOB PARADISO BOARD MEMBER 1.00
Director
$0 $0 $0
BRANDI PARRA BOARD MEMBER 1.00
Director
$0 $0 $0
BOB SANGUINET BOARD MEMBER 1.00
Director
$0 $0 $0
ERIN DONLAN SCHUBMEHL PRESIDENT 1.00
Director
$0 $0 $0
JOYCE SIDOPOULOS BOARD MEMBER 1.00
Director
$0 $0 $0
CINDY SPANEY DIRECTOR EME 1.00
Director
$0 $0 $0
JERMEY THIELE BOARD MEMBER 1.00
Director
$0 $0 $0
PAT THOMAS-FULLER DIRECTOR EME 1.00
Director
$0 $0 $0
JAMIE THURBER BOARD MEMBER 1.00
Director
$0 $0 $0
DAVID WALKER BOARD MEMBER 1.00
Director
$0 $0 $0
ALAN WEARY 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 $156,003 $163,716 $10,178 $-7,713
2024 $156,932 $149,230 $30,476 $7,702
2023 $167,843 $147,360 $10,770 $20,483
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