Civic Intelligence

The Southborough Historical Societyinc

EIN 23-7131696 • 501(c)3 • Southborough, MA

Profile

Study, collect, preserve, and house historical records

25 Common StreetSouthborough, MA 01772

n/A

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

61st percentile

0.14x

Higher debt load relative to assets than 61% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2025

Liabilities / Revenue

99th percentile

24.48x

Higher debt load relative to revenue than 99% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2025

Net Margin

2nd percentile

-202%

Higher net margin than 2% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2025

Top Officer Pay

40th percentile

$0

Higher top officer pay than 40% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

501(c)3 • $1M-$5M nonprofits • Source year 2025

Asset Growth

71st percentile

13%

Faster asset growth than 71% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2023 to 2025

Revenue Growth

1st percentile

-91%

Faster revenue growth than 1% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2023 to 2025

Balance Sheet
Liabilities / Assets61st percentile

Assets

Up

$2,293,071

Up $488,545 (+27%) from 2023

Liabilities

Up

$321,328

Up $305,702 (+1956%) from 2023

Net Assets

Up

$1,971,743

Up $182,843 (+10%) from 2023

Operations
Liabilities / Revenue99th percentileNet Margin2nd percentile

Revenue

Down

$13,128

Down $1,794,998 (-99%) from 2023

Expenses

Up

$39,639

Up $8,583 (+28%) from 2023

Net Income

Down

-$26,511

Down $1,803,581 (-101%) from 2023

Trend Graphs

Balance Sheet Trend

Asset Growth71st percentile

Grouped bars show assets, liabilities, and net assets across loaded filings.

$3.0M$2.0M$1.0M$0Assets 2023: $1,804,526Liabilities 2023: $15,626Net Assets 2023: $1,788,9002023Assets 2025: $2,293,071Liabilities 2025: $321,328Net Assets 2025: $1,971,7432025

Highlighted filing

2025

Assets$2,293,071
Liabilities$321,328
Net Assets$1,971,743
Open 2025 Filing

Operations Trend

Revenue Growth1st percentile

Revenue, expenses, and net income by year, with the latest filing highlighted.

$2.0M$1.5M$1.0M$500K$0-$500KRevenue 2023: $1,808,126Expenses 2023: $31,056Net Income 2023: $1,777,0702023Revenue 2025: $13,128Expenses 2025: $39,639Net Income 2025: -$26,5112025

Highlighted filing

2025

Revenue$13,128
Expenses$39,639
Net Income-$26,511
Open 2025 Filing

Filings

Most recent year

2025 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$2,293,071
Liabilities
$321,328
Net assets
$1,971,743
Revenue
$13,128
Expenses
$39,639
Net income
-$26,511
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$2.29$0.32$1.97$0.01$0.04$0.03
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.80$0.02$1.79$1.81$0.03$1.78
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
May 1, 2024 to Apr 30, 2025
Signed
Oct 24, 2025
Return Version
2024v5.2
Gross Receipts
$13,128
Mission and Program Overview

Mission

Study, collect, preserve, and house historical records

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$99,740$10,965▼ $88,775
Total Assets$2,017,554$2,293,071▲ $275,517
Other Assets Total$1,917,814$2,282,106▲ $364,292
Liabilities
Mortgage Notes Payable Secured by Investment Property-$307,082-
Accounts Payable and Accrued Expenses$19,300$14,246▼ $5,054
Total Liabilities$19,300$321,328▲ $302,028
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$1,998,254$1,971,743▼ $26,511
Net Assets With Donor Restrictions$0$0→ $0
Total Net Assets Fund Balance$1,998,254$1,971,743▼ $26,511
Total Liabilities and Net Assets / Fund Balance$2,017,554$2,293,071▲ $275,517

Asset Categories

AssetBook ValueDepreciationBasis
Other Assets Org$1,256--
Compensation and Service Providers
Top Officer Pay40th percentile

Board Members and Trustees

NameTitle
Michael WeishanPresident and Treasuer
Jon Delli PriscoliBoard Member
Mathew YoungBoard Member
Rebecca Deans RoweBoard Member
Amy RosenbergClerk
Revenue and Support

Revenue Composition

Contributions and Grants
$13,128
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$0
All Other Contributions
$13,128
Change in Net Assets
$-26,511
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$39,639
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Management$35,748$0$0$35,748
Fees for Services Legal$3,283$0$0$3,283
Office Expenses$336$0$0$336
Occupancy$167$0$0$167
Other Expenses$105$0$0$105
Total Functional Expenses$39,639$0$0$39,639
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Interested-Person Transactions

Interested PartyRelationshipDescriptionShared RevenueAmount
-OwnerProvide Management ServicesNo$89,371
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
Yes
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No
Filing and Contact Details

Filer

Filer Name
The Southborough Historical Societyinc
EIN
23-7131696
Phone
5085247540
Address
25 COMMON STREET, SOUTHBOROUGH, MA 01772

Signing Officer

Name
Michael D Weishan
Title
President
Phone
5085247540
Signed
2025-10-24
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Michael D Weishan
Formed
1965
Legal Domicile
Ma
Voting Board Members
6
Independent Board Members
6
Employees
0
Volunteers
3

Preparer

Firm
Richard H Snow CPA PC
Address
95 Cleveland Street, West Newton, MA 02465
Preparer
Richard H Snow
Phone
6172199812
Supplemental Narrative

Additional Explanations

Pt VI, Line 2

“NONE”

Pt VI, Line 11B

“NONE”

Financial Statement Notes

Pt III, Line 1A

“COLLECTIONS, WHICH ARE ACQUIRED THROPUGH PURCHASE AND CONTRIBUTION SINCE THE ORGANIZATIONS INCEPTION, ARE NOT RECOGNIZED AS ASSETS ON THE STATEMENT OF FINANCIAL POSITION. pURCHASES OF COLLECTION ITEMS ARE RECORDED AS DECREASES IN NET ASSETS WITHOUT DONOR RESTRICTIONS IN THE YEAR IN WHICH THE ITEMS ARE ACQUIRED, OR AS DECREASES IN NET ASSETS WITH DONOR RESTRICTIONS IF YHE ASSETS USED TO PURCHASE THE ITEMS WERE RESTRICTED ON THE FINANCIAL STATEMENTS. PROCEEDS FROM DEACCESSIONS OR INSURANCE RECOVERIES ARE REFLECTED AS INCREASES IN THE APPROPRIATE NET ASSET CLASSES.”

Pt III, Line 4

“The organization has acquired a collection of historical records and antiquities relating to the history of southborough, massachusetts and its profilke. The collections are preserved to educate furure generations about the history of southborough, massachusetts.”

Raw XML Appendix342 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990/USAddress/AddressLine1Txt0189 CORDAVILLE RD
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IRS990/USAddress/ZIPCd001772
IRS990/VotingMembersGoverningBodyCnt06
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IRS990/WebsiteAddressTxt0N/A
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ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0MICHAEL D WEISHAN
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum05085247540
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-10-24
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0THE SOUTHBOROUGH HISTORICAL SOCIETYINC
ReturnHeader/Filer/BusinessNameControlTxt0SOUT
ReturnHeader/Filer/EIN0237131696
ReturnHeader/Filer/PhoneNum05085247540
ReturnHeader/Filer/USAddress/AddressLine1Txt025 COMMON STREET
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ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0200910129
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0Richard H Snow CPA PC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt095 Cleveland Street
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0West Newton
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0MA
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ReturnHeader/PreparerPersonGrp/PhoneNum06172199812
ReturnHeader/PreparerPersonGrp/PreparationDt02025-10-27
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0RICHARD H SNOW
ReturnHeader/ReturnTs02025-10-26T15:04:37-07:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02024-05-01
ReturnHeader/TaxPeriodEndDt02025-04-30
ReturnHeader/TaxYr02024

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