Historic Haverhill Inc

Nonprofit profile at a glance

EIN
046168480
IRS 990-EZ coverage
2011–2025
Forms available
Form 990-EZ 2025, Form 990-N 2010
Location
Haverhill, MA, USA
Phone
9783739161
Rating
61
Verdict
SUPPORTED
Rating confidence
Moderate

Reported finances

Revenue
$6,944
Expenses
$3,890
Assets
$136,340
Liabilities
$84,823

Source: IRS Form 990-EZ. Selected filing: tax year 2025. Amounts in USD.

Leadership & pay

5 people listed

Executive titles in this filing

  • CHRISTOPHER LOVASCO (PRESIDENT)

People named in this filing

  • CHRISTOPHER LOVASCO (PRESIDENT)
  • KEVIN MCCARTHY (TREASURER)
  • TRACY FULLER-SOUCY (CLERK)

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 2025. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

To own and maintain the historic building that was a school attended by john greanleaf whittier

What it reported doing in 2025

Historic haverhill has successfully maintained the historic john j whittier building as a landmark for the town of haverhill and ensured that the building is used toward the enrichment and quality education of youth in the town through a long term contract with the young men's christian assocation of the north shore, inc. A local not for profit organization.

Operating model

Revenue model
Earned-program. 100% of the money available for current operations came from fees and other program revenue.
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

SUPPORTED - The filed numbers largely add up and revenue comfortably covers expenses. A relatively small share of available resources goes toward mission work and program spending has declined or grown slowly.

Rating breakdown

  • Financial Efficiency: 48
  • Transparency & Controls: 82
  • Sustainability: 78
  • Growth: 0

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 36.8%; rating input score 37
  • Program expense ratio: 65.7%; rating input score 66

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
  • Major donor itemization: Limited

Sustainability

  • Operating margin: 44%; rating input score 88; 88th percentile among comparable filings
  • Total-asset coverage ratio: 35.05; rating input score 98; 98th percentile among comparable filings
  • Liabilities to assets ratio: 0.62; rating input score 7; 7th percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings

Growth

  • Program expense growth: -12.7% per year; rating input score 0; 25th percentile among comparable filings
  • Revenue growth: -5.2% per year; rating input score 0; 33rd percentile among comparable filings
  • Asset growth: -1.7% per year; rating input score 0; 32nd percentile among comparable filings

Details

  • Where the money goes: 36.8% of revenue deployed · 65.7% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment · $3K in reported program spending
  • Leadership: top reported pay $0 · 5 people listed
  • Consistency: 8 of 8 current checks pass
  • Schedules: 2 filed schedules
  • Filing history: 13 filing years from 2011 to 2025
  • 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.

  • Moderate — Financial Efficiency: Mission deployment rate scored 37/100.
  • High — Growth: Program expense growth scored 0/100.
  • High — Growth: Revenue growth scored 0/100.
  • High — Growth: Asset growth scored 0/100.
  • High — Sustainability: Liabilities to assets ratio scored 7/100.
  • Review — Sustainability: Officer compensation ratio scored 56/100.