HISTORIC SOTTERLEY INC

EIN: 526037721 501(c)(3)

HOLLYWOOD, MD

Total Revenue
$1,252,309
Total Expenses
$1,173,807
Total Assets
$2,893,739
Net Assets
$2,818,076
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1969
Legal Domicile
MD
Principal Officer
NANCY EASTERLING
Phone
3013732280
Tax Period
2023-07-01 to 2024-06-30

HISTORIC SOTTERLEY INC, founded in 1969, is a community nonprofit that reported $1.3M in total revenue in fiscal year 2023. Revenue surged 33% from the prior year, signaling strong growth momentum. Expenses of $1.2M left a modest 6% surplus.

Mission

THE MISSION IS TO PRESERVE, RESEARCH, AND INTERPRET HISTORIC SOTTERLEY DIVERSE CULTURES AND ENVIRONMENTS AND TO SERVE THE WORLD AS AN EDUCATIONAL, CULTURAL, AND COMMUNITY RESOURCE.

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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 (2023)

Revenue Breakdown

Contributions & Grants $1,190,274
Program Service Revenue $13,234
Investment Income $9,053
Other Revenue $39,748
TOTAL REVENUE $1,252,309

Expense Breakdown

Grants Paid $0
Salaries & Benefits $466,172
Fundraising Expenses $91,387
Program Expenses $986,223
Other Expenses $707,635
TOTAL EXPENSES $1,173,807

Year-over-Year Comparison

2023 2022 Change
Revenue $1,252,309 $939,241 +0.3%
Expenses $1,173,807 $1,145,651 +0.0%
Net Income $78,502 $-206,410 -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

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
11
Independent Members
11
Employees
13
Volunteers
285

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
5
$53,288
Total Directors
11
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
NANCY EASTERLING EXECUTIVE DIRECTOR 040.00
Officer
$53,288 $0 $53,288
JANICE BRISCOE PRESIDENT 001.00
Officer Director
$0 $0 $0
GWENDOLINE BANKINS VICE PRESIDENT 001.00
Officer Director
$0 $0 $0
KELSEY BUSH SECRETARY 001.00
Officer Director
$0 $0 $0
RAYMOND DODSON JR TREASURER 001.00
Officer Director
$0 $0 $0
ROBERT ALDRIDGE DIRECTOR 001.00
Director
$0 $0 $0
ERIN BURCH DIRECTOR 001.00
Director
$0 $0 $0
BONNIE GREEN DIRECTOR 001.00
Director
$0 $0 $0
SALLY HARWOOD DIRECTOR 001.00
Director
$0 $0 $0
M ARSHED JAVAID DIRECTOR 001.00
Director
$0 $0 $0
MARIANA NORK DIRECTOR 001.00
Director
$0 $0 $0
ELIZABETH PLATER CROPP DIRECTOR 001.00
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 $1,252,309 $1,173,807 $2,893,739 $78,502
2024 No data No data No data No data
2023 $939,241 $1,145,651 $2,707,252 $-206,410
2022 $760,421 $798,386 $2,897,819 $-37,965
2021 $719,103 $843,881 $3,050,026 $-124,778
2020 $1,000,307 $899,413 $3,160,933 $100,894
2019 $1,099,301 $1,076,460 $3,107,043 $22,841
2018 $1,176,947 $1,119,795 $2,976,129 $57,152
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