WILLIAMSBURG HISTORICAL SOCIETY

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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

1967

Legal Domicile

Principal Officer

BUBBA HAMMET

Phone

8433553306

Tax Period

2024-03-01 to 2025-02-28

WILLIAMSBURG HISTORICAL SOCIETY, founded in 1967, is a micro nonprofit that reported $36K in total revenue in fiscal year 2024. Revenue surged 56% from the prior year, signaling strong growth momentum. Net assets of $372K represent 125 months of operating reserves.

Mission

TO COLLECT, RESTORE, AND PRESERVE HISTORICAL ARTIFACTS FROM DONORS FOR THE CITIZENS OF WILLIAMSBURG COUNTY

Program Service Accomplishments

Program 1

Expenses: $32,898

TO COLLECT, RESTORE, AND PRESERVE HISTORICAL ARTIFACTS FROM DONORS FOR THE CITIZENS OF WILLIAMSBURG COUNTY

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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 $28,377

Program Service Revenue $7,334

Investment Income $0

Other Revenue $0

TOTAL REVENUE $35,711

Expense Breakdown

Grants Paid $0

Salaries & Benefits $10,516

Fundraising Expenses $0

Program Expenses $32,898

Other Expenses $28,340

TOTAL EXPENSES $38,856

Year-over-Year Comparison

	2024	2023	Change
Revenue	$35,711	$22,873	+0.6%
Expenses	$38,856	$44,343	-0.1%
Net Income	$-3,145	$-21,470	-0.9%

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

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
JOANNE BROWN	DIRECTOR	N/A	Director	$0	$0	$0
MARGARET CHANDLER	SEC/TREASURE	N/A	Officer Director	$0	$0	$0
FRAN CLOWNEY	DIRECTOR	N/A	Director	$0	$0	$0
VERONICA COOPER	VICE PRESIDE	N/A	Director	$0	$0	$0
RANDY CROOM	DIRECTOR	N/A	Director	$0	$0	$0
ANGELA FULTON	DIRECTOR	N/A	Director	$0	$0	$0
CHARLIE FULTON	DIRECTOR	N/A	Director	$0	$0	$0
RON FULTON	DIRECTOR	N/A	Director	$0	$0	$0
BUBBA HAMMET	PRESIDENT	N/A	Officer Director	$0	$0	$0
WILLIAM JENKINSON	DIRECTOR	N/A	Officer Director	$0	$0	$0
BETH JONTE	DIRECTOR	N/A	Director	$0	$0	$0
HELEN TYLER MCFADDEN	DIRECTOR	N/A	Director	$0	$0	$0
SARAH REYNOLDS	DIRECTOR	N/A	Director	$0	$0	$0
ARCHIE WARD	DIRECTOR	N/A	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	$35,711	$38,856	$372,184	$-3,145
2024	$22,873	$44,343	$375,188	$-21,470
2023	$51,645	$57,791	$396,659	$-6,146
2022	$58,386	$68,360	$402,467	$-9,974
2021	$218,955	$44,772	$462,853	$174,183