FRIENDS OF HISTORIC NORTHPORT

EIN: 631188043 501(c)(3) Arts, Culture & Humanities

NORTHPORT, AL

Total Revenue
$499,333
Total Expenses
$65,753
Total Assets
$2,159,397
Net Assets
$2,153,692
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Tuckman-Chang Vulnerability Assessment

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Financial Trends

Organization Details

Formation Year
2023
Legal Domicile
AL
Phone
2055238720
Tax Period
2024-01-01 to 2024-12-31

FRIENDS OF HISTORIC NORTHPORT, founded in 2023, is a small nonprofit in the Arts, Culture & Humanities sector that reported $101K in total revenue in fiscal year 2023. The organization ran a surplus of $27K, a strong 27% operating margin.

Mission

TO PROMOTE OUR CITYS HISTORY AND HERITAGE THROUGH EDUCATION, PRESERVATION, PLNNING AND DOCUMENTATION

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Trantor Score

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

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $481,440
Program Service Revenue $0
Investment Income $17,893
Other Revenue $0
TOTAL REVENUE $499,333

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $7,500
Other Expenses $65,753
TOTAL EXPENSES $65,753

Year-over-Year Comparison

2024 2023 Change
Revenue $499,333 $100,895 +3.9%
Expenses $65,753 $73,985 -0.1%
Net Income $433,580 $26,910 +15.1%
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

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Governance

Voting Members
16
Independent Members
14
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
6
$0
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
REGINA M MCDUFF TREASURER 0.00
Officer
$0 $0 $0
CHUCK GERDAU PRESIDENT 0.00
Officer
$0 $0 $0
CHARLES SWANN PARLIAMENTARIAN 0.00
Officer
$0 $0 $0
CRYSTAL BUCK COMMUNITY RELATIONS COORDINATOR 0.00
Officer
$0 $0 $0
LYDA BLACK SECRETARY 0.00
Officer
$0 $0 $0
NINI JOBSON V-PRES 0.00
Officer
$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 $499,333 $65,753 $2,159,397 $433,580
2023 $100,895 $73,985 $1,737,065 $26,910
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