THE TRAPSHOOTING HALL OF FAME INC

EIN: 310843232 501(c)(3) Arts, Culture & Humanities

SPARTA, IL

Total Revenue
$252,990
Total Expenses
$213,592
Total Assets
$2,303,053
Net Assets
$2,300,920
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1973
Legal Domicile
DE
Principal Officer
MICHAEL HOWELL
Phone
6184432395
Tax Period
2023-09-01 to 2024-08-31

THE TRAPSHOOTING HALL OF FAME INC, founded in 1973, is a small nonprofit in the Arts, Culture & Humanities sector that reported $253K in total revenue in fiscal year 2023. Revenue surged 38% from the prior year, signaling strong growth momentum. The organization ran a surplus of $39K, a strong 16% operating margin.

Mission

THE PURPOSE FOR WHICH SAID CORPORATON IS FORMED ARE TO PRESERVE, FOSTER AND PROMOTE THE SHOOTING ARTS: TO PROVIDE RECOGNITION TO THOSE OUTSTANDING IN THE SHOOTING ARTS, ESPECIALLY TRAPSHOOTING: TO SPONSOR, CONDUCT AND PROMOTE EDUCATIONAL PROGRAMS DESIGNED TO TEACH AND PROMOTE THE SHOOTING ARTS: TO FOSTER AND PROMOTE THE CONSERVATION OF THE NATURAL RESOURCES AND ANIMAL LIFE OF THE UNITED STATES: AND TO PROMOTE SAFETY IN THE PROPER USE OF FIREARMS.

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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 (2023)

Revenue Breakdown

Contributions & Grants $140,520
Program Service Revenue $32,247
Investment Income $26,402
Other Revenue $53,821
TOTAL REVENUE $252,990

Expense Breakdown

Grants Paid $29,375
Salaries & Benefits $29,706
Fundraising Expenses $6,414
Program Expenses $175,704
Other Expenses $154,511
TOTAL EXPENSES $213,592

Year-over-Year Comparison

2023 2022 Change
Revenue $252,990 $183,071 +0.4%
Expenses $213,592 $203,962 +0.0%
Net Income $39,398 $-20,891 -2.9%
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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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
7
Independent Members
7
Employees
4
Volunteers
8

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
7
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JEFF WAGNER TRUSTEE 1
Director
$0 $0 $0
GERRY WILLIAMS TRUSTEE-TREASURER 1
Officer Director
$0 $0 $0
GARRY HILL TRUSTEE-SECRETARY 1
Officer Director
$0 $0 $0
JAMES BRADFORD JR TRUSTEE-CHAIRMAN 1
Officer Director
$0 $0 $0
BOB FELBER TRUSTEE 1
Director
$0 $0 $0
LYNN GIPSON TRUSTEE 1
Director
$0 $0 $0
BILL MARTIN TRUSTEE 1
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 $252,990 $213,592 $2,303,053 $39,398
2023 $183,071 $203,962 $2,175,984 $-20,891
2022 $135,712 $191,999 $2,204,653 $-56,287
2021 $136,594 $222,969 $2,313,319 $-86,375
2020 $170,666 $221,633 $2,354,569 $-50,967
2019 $229,000 $231,602 $2,604,554 $-2,602
2018 $242,091 $259,931 $2,773,751 $-17,840
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