THE HISTORIC BATH FOUNDATION INC (EIN 562196826) - Form 990 Financial Analysis & Trantor Score

🔒

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

1999

Legal Domicile

Principal Officer

KEN FRIEDLEIN

Phone

2529649711

Tax Period

2022-01-01 to 2022-12-31

THE HISTORIC BATH FOUNDATION INC, founded in 1999, is a micro nonprofit in the Arts, Culture & Humanities sector that reported $10K in total revenue in fiscal year 2022. Revenue fell 55% from the prior year — a significant decline worth monitoring. Expenses of $47K exceeded revenue, resulting in a 371% operating deficit.

Mission

TO PRESERVE THE HISTORIC NATURE OF THE TOWN OF BATH AND BATH COMMUNITY.

🔒

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 (2022)

Revenue Breakdown

Contributions & Grants $9,891

Program Service Revenue $0

Investment Income $74

Other Revenue $0

TOTAL REVENUE $9,965

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $46,903

Other Expenses $46,903

TOTAL EXPENSES $46,903

Year-over-Year Comparison

	2022	2021	Change
Revenue	$9,965	$21,902	-0.5%
Expenses	$46,903	$38,199	+0.2%
Net Income	$-36,938	$-16,297	+1.3%

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

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
KEN FRIEDLEIN	PRESIDENT	3.00	Officer Director	$0	$0	$0
EUGENE ROBERTS	VP	2.00	Officer Director	$0	$0	$0
SETH EFFRON	SECRETARY	1.00	Officer Director	$0	$0	$0
MAREE RICHARDS-BENSON	TREASURER	1.00	Officer Director	$0	$0	$0
BETSY BOXER	BOARD MEMBER	1.00	Director	$0	$0	$0
RUTH DORKIN	BOARD MEMBER	1.00	Director	$0	$0	$0
DAVID JOHNSTON	BOARD MEMBER	1.00	Director	$0	$0	$0
WADE ROGERS	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
2022	$9,965	$46,903	$1,064,412	$-36,938
2021	$21,902	$38,199	$1,101,350	$-16,297
2020	$19,929	$31,369	$1,117,647	$-11,440
2019	$148,925	$38,497	$1,129,087	$110,428
2018	$68,105	$55,039	$1,018,659	$13,066

THE HISTORIC BATH FOUNDATION INC