GAS CITY HISTORICAL SOCIETY INC

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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

1986

Legal Domicile

Principal Officer

JERRY LONG

Phone

7655063056

Tax Period

2021-01-01 to 2021-12-31

GAS CITY HISTORICAL SOCIETY INC, founded in 1986, is a micro nonprofit in the Arts, Culture & Humanities sector that reported $916 in total revenue in fiscal year 2021. Revenue fell 97% from the prior year — a significant decline worth monitoring. Expenses of $14K exceeded revenue, resulting in a 1468% operating deficit.

Mission

THE GAS CITY HISTORICAL SOCIETY WAS ORGANIZED TO PRESERVE THE HISTORY OF GAS CITY AS THE "QUEEN OF THE GAS BELT."

Program Service Accomplishments

Program 1

Expenses: $7,559

THE SOCIETY MEETS REGULARLY & PUBLISHES A MONTHLY NEWSLETTER TO INFORM MEMBERS OF CURRENT HAPPENINGS AND PAST HISTORY OF EVENTS.

Program 2

Expenses: $5,334

THE SOCIETY MAINTAINS AND OPERATES THE GAS CITY MUSEUM FOR THE CITIZENS OF GAS CITY AND SURROUNDING AREAS.

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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%)

Financial Overview (2021)

Revenue Breakdown

Contributions & Grants $740

Program Service Revenue $0

Investment Income $106

Other Revenue $70

TOTAL REVENUE $916

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $12,893

Other Expenses $14,365

TOTAL EXPENSES $14,365

Year-over-Year Comparison

	2021	2020	Change
Revenue	$916	$26,848	-1.0%
Expenses	$14,365	$6,610	+1.2%
Net Income	$-13,449	$20,238	-1.7%

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

Governance

Voting Members

Independent Members

Employees

N/A

Volunteers

N/A

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
PATTY CHAPMAN	BOARD MEMBER	2.00	Director	$0	$0	$0
VICKI FRAME	SECRETARY	2.00	Officer Director	$0	$0	$0
DAVID HUFFMAN	TREASURER	2.00	Officer Director	$0	$0	$0
DAVID PATTISON II	BOARD MEMBER	2.00	Director	$0	$0	$0
JERRY LONG	PRESIDENT	2.00	Officer Director	$0	$0	$0
DAVID PATTISON	BOARD MEMBER	2.00	Director	$0	$0	$0
LANNA PATTISON	VICE PRESIDE	2.00	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
2021	$916	$14,365	$868,384	$-13,449
2020	$26,848	$6,610	$881,833	$20,238
2019	$63,626	$5,414	$861,595	$58,212
2018	$7,131	$5,397	$803,383	$1,734