Fishtown Horribles Committee Inc
Nonprofit profile at a glance
- EIN
- 042904097
- IRS 990-EZ coverage
- 2018–2024
- Forms available
- Form 990-EZ 2024
- Location
- Gloucester, MA, USA
- Phone
- 9784911525
- Rating
- 67
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Community Service Clubs
Reported finances
- Revenue
- $13,080
- Expenses
- $30,663
- Assets
- $13,238
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
6 people listed
Executive titles in this filing
- Doug Goolsby (President)
People named in this filing
- Cheryl Lynne Goolsby (Treasurer)
- Amanda Allen (Clerk)
- LORI WIECKOWSKI (Director)
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
To organize, plan, and conduct the Fourth of July Parade annually in the city of Gloucester for civic purposes
What it reported doing in 2024
Put on parade in July 2024
Operating model
- Revenue model
- Donor-supported. 100% of the money available for current operations came from contributions and gifts.
- Distribution model
- Transfer-based 990-EZ. The 990-EZ reports grants or member benefits, but it does not separate enough spending to show the nonprofit’s full delivery mix.
The verdict
SUPPORTED - The filed numbers largely add up. Expenses are high relative to revenue and program spending has declined or grown slowly.
Rating breakdown
- Financial Efficiency: 50
- Transparency & Controls: 100
- Sustainability: 17
- Growth: 20
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 80.3%; rating input score 80
- Program expense ratio: Limited
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
- Major donor itemization: Yes; rating input score 100
Sustainability
- Operating margin: -134.4%; rating input score 6; 6th percentile among comparable filings
- Total-asset coverage ratio: 0.43; rating input score 27; 27th 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: -65.9% per year; rating input score 0; 6th percentile among comparable filings
- Revenue growth: -17.9% per year; rating input score 0; 16th percentile among comparable filings
- Asset growth: 11.2% per year; rating input score 100; 75th percentile among comparable filings
Details
- Where the money goes: 80.3% of revenue deployed
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment
- Leadership: top reported pay $0 · 6 people listed
- Consistency: 6 of 6 current checks pass
- Schedules: 2 filed schedules
- Filing history: 7 filing years from 2018 to 2024
- Contacts: How to reach this organization
- 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.
- High — Sustainability: Operating margin scored 6/100.
- High — Growth: Program expense growth scored 0/100.
- High — Growth: Revenue growth scored 0/100.
- High — Sustainability: Total-asset coverage ratio scored 27/100.
- Review — Sustainability: Officer compensation ratio scored 56/100.