HANOVER ARTS AND ACTIVITIES CENTER

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

1967

Legal Domicile

Principal Officer

BRENDA CLARKE

Phone

8047982728

Tax Period

2024-07-01 to 2025-06-30

HANOVER ARTS AND ACTIVITIES CENTER, founded in 1967, is a micro nonprofit in the Arts, Culture & Humanities sector that reported $96K in total revenue in fiscal year 2024.

Mission

TO BE A VITAL CENTER OF ENRICHMENT FOR ALL, THROUGH CULTURAL, EDUCATIONAL, AND COMMUNITY EVENTS.

Program Service Accomplishments

Program 1

Expenses: $54,755

TO BE A VITAL CENTER OF ENRICHMENT FOR ALL, THROUGH CULTURAL, EDUCATIONAL, AND COMMUNITY EVENTS.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $16,166

Program Service Revenue $36,970

Investment Income $946

Other Revenue $42,042

TOTAL REVENUE $96,124

Expense Breakdown

Grants Paid $0

Salaries & Benefits $38,444

Fundraising Expenses $26,646

Program Expenses $55,584

Other Expenses $59,317

TOTAL EXPENSES $97,761

Year-over-Year Comparison

	2024	2023	Change
Revenue	$96,124	N/A	N/A
Expenses	$97,761	N/A	N/A
Net Income	$-1,637	N/A	N/A

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

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
CHELSEA ASTON-FRAKES	BOARD MEMBER	1.00	Director	$0	$0	$0
NANCY BRIZENDINE	VP - ADVANCE	1.00	Officer Director	$0	$0	$0
SARAH CAPEHART	BOARD MEMBER	1.00	Director	$0	$0	$0
BRENDA CLARKE	PRESIDENT	1.00	Officer Director	$0	$0	$0
LINDSEY FINCH	BOARD MEMBER	1.00	Director	$0	$0	$0
JAMES FOSTER	BOARD MEMBER	1.00	Director	$0	$0	$0
MONICA KLISZ	SECRETARY	1.00	Officer Director	$0	$0	$0
NOELLE LAVACH	BOARD MEMBER	1.00	Director	$0	$0	$0
CARTER MILLICAN	BOARD MEMBER	1.00	Director	$0	$0	$0
REBECCA ANNE MUHLEMAN	BOARD MEMBER	1.00	Director	$0	$0	$0
SHANNON PEREZ	TRANSITION D	2.00	Director	$0	$0	$0
DOMINIQUE TORRENCE	BOARD MEMBER	1.00	Director	$0	$0	$0
RHONDA TOUSSAINT	BOARD MEMBER	1.00	Director	$0	$0	$0
BRAD TUGGLE	TREASURER	1.00	Officer 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	$96,124	$97,761	$54,108	$-1,637