APALACHICOLA AREA HISTORICAL SOCIE… - Form 990 Financial Data

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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

2013

Legal Domicile

Principal Officer

KEVIN SUMNER

Phone

8503232305

Tax Period

2023-01-01 to 2023-12-31

APALACHICOLA AREA HISTORICAL SOCIETY INC, founded in 2013, is a small nonprofit that reported $275K in total revenue in fiscal year 2023. Revenue surged 282% from the prior year, signaling strong growth momentum.

Mission

TO PROMOTE, MAINTAIN AND SUPPORT AREA HISTORY.

Program Service Accomplishments

Program 1

Expenses: $266,344 Revenue: $5,034

PROMOTE, MAINTAIN AND PRESERVE THE HISTORIC RANEY HOUSE, CHESTNUT STREET CEMETARY AND OTHER AREA HISTORICAL SITES; COLLECT, CATALOG AND DISSEMINATE HISTORICAL DOCUMENTS AND INFORMATION FOR EDUCATION...

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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 (2023)

Revenue Breakdown

Contributions & Grants $263,837

Program Service Revenue $6,642

Investment Income $5

Other Revenue $4,783

TOTAL REVENUE $275,267

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $5,022

Program Expenses $266,344

Other Expenses $275,703

TOTAL EXPENSES $275,703

Year-over-Year Comparison

	2023	2022	Change
Revenue	$275,267	$72,042	+2.8%
Expenses	$275,703	$43,438	+5.3%
Net Income	$-436	$28,604	-1.0%

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

Governance

Voting Members

Independent Members

Employees

N/A

Volunteers

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
PAM RICHARDSON	PRESIDENT	0.77	Officer Director	$0	$0	$0
KEN ESSEX	VICE PRESIDE	0.77	Officer Director	$0	$0	$0
CAROL O'CONNOR	TREASURER	0.39	Officer Director	$0	$0	$0
CATHARINE GREENE	PAST PRESIDE	6.73	Director	$0	$0	$0
DAVID ALDERSTEIN	DIRECTOR	1.00	Director	$0	$0	$0
GREG GOGLOWSKI	DIRECTOR	0.87	Director	$0	$0	$0
DONIA SMITH	DIRECTOR	0.20	Director	$0	$0	$0
LINDA BUCHANAN	DIRECTOR	0.29	Director	$0	$0	$0
MARK CURENTON	HONORARY HIS	N/A	Director	$0	$0	$0
JUDY ALLEN	HONORARY HIS	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	No data	No data	No data	No data
2024	No data	No data	No data	No data
2023	$275,267	$275,703	$79,275	$-436
2022	$72,042	$43,438	$77,867	$28,604

APALACHICOLA AREA HISTORICAL SOCIETY INC