YPSILANTI HISTORICAL SOCIETY INC

EIN: 237164028 501(c)(3)

YPSILANTI, MI

Total Revenue
$84,375
Total Expenses
$87,933
Total Assets
$759,491
Net Assets
$759,491
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1965
Principal Officer
BILL NICKELS
Phone
7344824990
Tax Period
2024-01-01 to 2024-12-31

YPSILANTI HISTORICAL SOCIETY INC, founded in 1965, is a micro nonprofit that reported $84K in total revenue in fiscal year 2024. Revenue decreased 16% compared to the prior year. Net assets of $759K represent 108 months of operating reserves.

Mission

TO GENERATE INTEREST IN THE HISTORY OF THE CITY AND THE YPSILANTI AREA; TO COLLECT, ASSEMBLE, HOUSE AND PRESERVE IN PERMANENT COLLECTIONS MATERIALS RELATING TO SUCH EVENTS AND HISTORY AS MAY BE DETERMINED UPON BY DIRECTORS OF THE SOCIETY AND TO HOLD TITLE TO HISTORICAL PERSONAL AND REAL PROPERTY IN THE NAME OF THE SOCIETY.

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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%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $21,548
Program Service Revenue $0
Investment Income $25,642
Other Revenue $37,185
TOTAL REVENUE $84,375

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $83,933
Other Expenses $87,933
TOTAL EXPENSES $87,933

Year-over-Year Comparison

2024 2023 Change
Revenue $84,375 $100,934 -0.2%
Expenses $87,933 $90,372 0.0%
Net Income $-3,558 $10,562 -1.3%
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

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Liquidity & Cash Position

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Governance

Voting Members
12
Independent Members
12
Employees
N/A
Volunteers
45

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
4
$0
Total Directors
12
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
BILL NICKELS PRESIDENT N/A
Officer Director
$0 $0 $0
ALVIN RUDISILL VICE PRESIDE N/A
Officer Director
$0 $0 $0
PATTIE HARRINGTON SECRETARY N/A
Officer Director
$0 $0 $0
AMY SINGER TREASURER N/A
Officer Director
$0 $0 $0
MARIA DAVIS TRUSTEE N/A
Director
$0 $0 $0
MARCIA MCCRARY TRUSTEE N/A
Director
$0 $0 $0
GERALD JENNINGS TRUSTEE N/A
Director
$0 $0 $0
RICHARD KATON TRUSTEE N/A
Director
$0 $0 $0
EVAN MILAN TRUSTEE N/A
Director
$0 $0 $0
TOM WARNER TRUSTEE N/A
Director
$0 $0 $0
KIRK PROFIT TRUSTEE N/A
Director
$0 $0 $0
DANEEN ZUREICH TRUSTEE N/A
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
2024 $84,375 $87,933 $759,491 $-3,558
2023 $100,934 $90,372 $763,049 $10,562
2022 $65,636 $86,657 $752,487 $-21,021
2021 $82,189 $75,539 $773,508 $6,650
2020 $78,605 $65,720 $766,858 $12,885
2019 $91,719 $67,118 $753,973 $24,601
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