BOSTON, MA
4 risk indicators measuring financial stability and operational resilience
Sign in with your work email to view Tuckman-Chang indicators
Sign In — Free (10 views/day)LEGACY FUND FOR BOSTON INC C/O HEMENWAY & BARNES LLP, founded in 2022, is a micro nonprofit in the Arts, Culture & Humanities sector that reported $70K in total revenue in fiscal year 2023. Revenue fell 97% from the prior year — a significant decline worth monitoring. Expenses of $84K exceeded revenue, resulting in a 20% operating deficit.
THE LEGACY FUND FOR BOSTON IS A PUBLIC CHARITY WHICH SUPPORTS THE ENDURANCE OF PLACES AND SPACES THAT ARE MEANINGFUL TO BOSTONIANS AND THE HISTORIC CHARACTER OF THE ENTIRE CITY OF BOSTON.
THE FUND WILL MAKE GRANTS FOR CHARITABLE,EDUCATIONAL AND LITERARY PURPOSES INCLUDING BUT NOT LIMITED TO HISTORIC PRESERVATION AND RESTORATION TO ORGANIZATIONS DESCRIBED IN SECTIONS 509(A)(1) OR...
THE FUND WILL MAKE GRANTS FOR CHARITABLE,EDUCATIONAL AND LITERARY PURPOSES INCLUDING BUT NOT LIMITED TO HISTORIC PRESERVATION AND RESTORATION TO ORGANIZATIONS DESCRIBED IN SECTIONS 509(A)(1) OR 509(A)(2) THAT WORK TO ENHANCE AND PRESERVE THE PHYSICAL APPEARANCE, COMMUNITY AND NEIGHBORHOOD DIVERSITY, AND CULTURAL ASPECTS OF THE CITY OF BOSTON.
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%)
Sign In — Free (10 views/day)| 2023 | 2022 | Change | |
|---|---|---|---|
| Revenue | $70,401 | $2,346,628 | -1.0% |
| Expenses | $84,354 | $36,563 | +1.3% |
| Net Income | $-13,953 | $2,310,065 | -1.0% |
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
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| KATHERINE KOTTARIDIS | PRESIDENT | 2.00 |
Officer
Director
|
$0 | $0 | $0 |
| ALISON FRAZEE | TREASURER | 2.00 |
Officer
Director
|
$0 | $0 | $0 |
| RYAN MCMANUS | CLERK | 2.00 |
Officer
Director
|
$0 | $0 | $0 |
| CARISSA DEMORE | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| DENEEN CROSBY | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| GERALD W R WARD | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| BYRON RUSHING | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| CANDELARIA SILVA-COLLINS | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2025 | No data | No data | No data | No data |
| 2024 | $70,401 | $84,354 | $2,330,870 | $-13,953 |
| 2023 | $2,346,628 | $36,563 | $2,313,387 | $2,310,065 |
Compare LEGACY FUND FOR BOSTON INC C/O HEMENWAY & BARNES LLP with other nonprofits in Massachusetts and across the country.