THE REITZ HOME PRESERVATION SOCIETY

EIN: 237372602 501(c)(3) Arts, Culture & Humanities

EVANSVILLE, IN

Total Revenue
$385,462
Total Expenses
$219,513
Total Assets
$948,846
Net Assets
$942,589
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1973
Legal Domicile
IN
Principal Officer
MELINDA WORD
Phone
8124261871
Tax Period
2024-01-01 to 2024-12-31

THE REITZ HOME PRESERVATION SOCIETY, founded in 1973, is a small nonprofit in the Arts, Culture & Humanities sector that reported $385K in total revenue in fiscal year 2024. Revenue surged 59% from the prior year, signaling strong growth momentum. The organization ran a surplus of $166K, a strong 43% operating margin.

Mission

TO PRESEVE THE REITZ HOME MUSEUM, A VICTORIAN MANSION BUILT IN THE 1870'S, AS A HISTORIC LANDMARK FOR CIVIC, CULTURAL AND EDUCATIONAL BENEFIT OF FUTURE GENERATIONS.

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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 $214,889
Program Service Revenue $85,938
Investment Income $34,851
Other Revenue $49,784
TOTAL REVENUE $385,462

Expense Breakdown

Grants Paid $0
Salaries & Benefits $93,971
Fundraising Expenses $49,995
Program Expenses $102,273
Other Expenses $125,542
TOTAL EXPENSES $219,513

Year-over-Year Comparison

2024 2023 Change
Revenue $385,462 $243,175 +0.6%
Expenses $219,513 $249,834 -0.1%
Net Income $165,949 $-6,659 -25.9%
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

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Liquidity & Cash Position

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Governance

Voting Members
17
Independent Members
17
Employees
8
Volunteers
30

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
3
$0
Total Directors
14
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
MELINDA WORD VICE-PRESIDE 2.00
Officer Director
$0 $0 $0
CATHIE HITE TREASURER 2.00
Officer Director
$0 $0 $0
KAREN TIMBERLAKE SECRETARY N/A
Officer Director
$0 $0 $0
KAY COX TRUSTEE N/A
Director
$0 $0 $0
PAM GUTHRIE TRUSTEE N/A
Director
$0 $0 $0
CHUCK HUDSON TRUSTEE N/A
Director
$0 $0 $0
LLOYD WINNEKE TRUSTEE N/A
Director
$0 $0 $0
MARY MCCARTY TRUSTEE N/A
Director
$0 $0 $0
MICHAEL HOOVER TRUSTEE N/A
Director
$0 $0 $0
ELMER BUCHTA TRUSTEE N/A
Director
$0 $0 $0
AMY HAYDEN TRUSTEE N/A
Director
$0 $0 $0
SHAUNDA LYNCH TRUSTEE N/A
Director
$0 $0 $0
TERRY KINNEY TRUSTEE N/A
Director
$0 $0 $0
EDWIN DAVID 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
2025 No data No data No data No data
2024 $385,462 $219,513 $948,846 $165,949
2023 $166,023 $250,295 $791,253 $-84,272
2022 $243,175 $249,834 $852,543 $-6,659
2021 $206,772 $216,888 $915,351 $-10,116
2020 $206,492 $212,507 $895,238 $-6,015
2019 $218,486 $204,061 $866,132 $14,425
2018 $217,557 $203,799 $833,543 $13,758
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