THE FRIENDS OF NORTH SHORE CHILDREN

EIN: 931618416 501(c)(3) Arts, Culture & Humanities

PEABODY, MA

Total Revenue
$212,912
Total Expenses
$46,866
Total Assets
$166,046
Net Assets
$166,046
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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
2023
Legal Domicile
MA
Tax Period
2023-07-01 to 2024-06-30

THE FRIENDS OF NORTH SHORE CHILDREN, founded in 2023, is a small nonprofit in the Arts, Culture & Humanities sector that reported $213K in total revenue in fiscal year 2023. The organization ran a surplus of $166K, a strong 78% operating margin.

Mission

THE NON-PROFIT CORPORATION IS ORGANIZED EXCLUSIVELY FOR CHARITABLE AND EDUCATIONAL PURPOSES UNDER SECTION 501(C)(3) OF THE INTERAL REVENUE CODE, OR CORRESPONDING SECTION OF ANY FUTURE FEDERAL TAX CODE. THE ORGANIZATION IS ORGANIZED TO SUPPORT NORTH SHORE CHILDRENS MUSEUM.

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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%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $212,912
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $212,912

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $5,489
Other Expenses $46,366
TOTAL EXPENSES $46,866

Year-over-Year Comparison

2023 2022 Change
Revenue $212,912 N/A N/A
Expenses $46,866 N/A N/A
Net Income $166,046 N/A N/A
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

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Governance

Voting Members
3
Independent Members
3
Employees
N/A
Volunteers
4

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
2
$0
Total Directors
3
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
ALI HAYDOCK DIRECTOR 5.00
Director
$0 $0 $0
MARTHA HOLDEN CLERK 5.00
Officer Director
$0 $0 $0
TIM BROWN PRESIDENT 5.00
Officer 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 $212,912 $46,866 $166,046 $166,046
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