Avery Memorial Association

Nonprofit profile at a glance

EIN
237073820
IRS 990-EZ coverage
2013–2024
Forms available
Form 990-EZ 2024
Location
Groton, CT, USA
Phone
2032395198
Rating
55
Verdict
MIXED
Rating confidence
Moderate
Sector
Historical Societies, Related Historical Activities

Reported finances

Revenue
$22,367
Expenses
$17,551
Assets
$252,296

Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

7 people listed

Executive titles in this filing

  • GREGORY THOMPSON (President)
  • ALICE SHERIFF (Vice President)

People named in this filing

  • KATHLEEN SPENCER (Director)
  • GREGORY THOMPSON (President)
  • CAROL S NELSON (Corp Secretary)

Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.

Source: IRS Form 990-EZ. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

The avery memorial association documents the history of the groton avery clan, preserves all family records and artifacts for future descendants, and educates the public about the historical significance of the avery family.

What it reported doing in 2024

Outreach programs to area schools and other civic organizations, tours of historic house and presentations related to Battle of Groton Heights/Fort Griswold

Operating model

Revenue model
Cannot be determined from the filing. The filing does not provide enough consistent revenue detail to tell how this nonprofit funds its work.
Distribution model
Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.

The verdict

MIXED - The filed numbers largely add up and revenue comfortably covers expenses. A relatively small share of available resources goes toward mission work and a relatively small share of total spending goes to programs.

Rating breakdown

  • Financial Efficiency: 36
  • Transparency & Controls: 82
  • Sustainability: 70
  • Growth: 20

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 33.3%; rating input score 33
  • Program expense ratio: 42.5%; rating input score 42

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
  • Major donor itemization: Limited

Sustainability

  • Operating margin: 21.5%; rating input score 75; 75th percentile among comparable filings
  • Total-asset coverage ratio: 14.38; rating input score 94; 94th percentile among comparable filings
  • Liabilities to assets ratio: Limited
  • Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings

Growth

  • Program expense growth: -10.1% per year; rating input score 0; 27th percentile among comparable filings
  • Revenue growth: -8% per year; rating input score 0; 28th percentile among comparable filings
  • Asset growth: 5.3% per year; rating input score 100; 59th percentile among comparable filings

Details

  • Where the money goes: 33.3% of revenue deployed · 42.5% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 3 filed program accomplishments · $7K in reported program spending
  • Leadership: top reported pay $0 · 7 people listed
  • Consistency: 7 of 7 current checks pass
  • Schedules: 2 filed schedules
  • Filing history: 11 filing years from 2013 to 2024
  • Contacts: How to reach this organization
  • Money network: Resolved incoming and outgoing counterparties from filed money flows.
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • Moderate — Financial Efficiency: Mission deployment rate scored 33/100.
  • Moderate — Financial Efficiency: Program expense ratio scored 42/100.
  • High — Growth: Program expense growth scored 0/100.
  • High — Growth: Revenue growth scored 0/100.
  • Review — Sustainability: Officer compensation ratio scored 56/100.