WACO Historical Society (EIN 310969657) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

1978

Legal Domicile

Principal Officer

JIM MCGARRY

Phone

9373359226

Tax Period

2023-01-01 to 2023-12-31

WACO Historical Society, founded in 1978, is a small nonprofit that reported $635K in total revenue in fiscal year 2023. Revenue surged 82% from the prior year, signaling strong growth momentum. The organization ran a surplus of $325K, a strong 51% operating margin.

Mission

EDUCATION AND PRESERVATION OF THE WEAVER AIRCRAFT COMPANY (WACO)

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $350,325

Program Service Revenue $17,187

Investment Income $205,559

Other Revenue $62,267

TOTAL REVENUE $635,338

Expense Breakdown

Grants Paid $0

Salaries & Benefits $100,257

Fundraising Expenses $18,313

Program Expenses $276,317

Other Expenses $210,358

TOTAL EXPENSES $310,615

Year-over-Year Comparison

	2023	2022	Change
Revenue	$635,338	$349,274	+0.8%
Expenses	$310,615	$220,949	+0.4%
Net Income	$324,723	$128,325	+1.5%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

N/A

Employees

Volunteers

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
GREG LEACH	TRUSTEE	5.00	Director	$0	$0	$0
PATTY WAGNER	RECORDING SECRETARY	10.00	Officer Director	$0	$0	$0
NICHOLAS NOLAN	TREASURER	5.00	Officer Director	$0	$0	$0
DAVID BUCHER	TRUSTEE	8.00	Director	$0	$0	$0
JIM MCGARRY	PRESIDENT	10.00	Officer Director	$0	$0	$0
BILL SLAGLE	VICE PRESIDENT	10.00	Officer Director	$0	$0	$0
SEAN SADDLER	TRUSTEE	10.00	Director	$0	$0	$0
JOHN SCHILLING	TRUSTEE	5.00	Director	$0	$0	$0
JIM BEISNER	TRUSTEE	2.00	Director	$0	$0	$0
MATT SIEFRING	TRUSTEE	2.00	Director	$0	$0	$0
SHANNON MANN	TRUSTEE	2.00	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	No data	No data	No data	No data
2023	$635,338	$310,615	$3,951,360	$324,723
2022	$349,274	$220,949	$3,647,303	$128,325
2021	$429,736	$238,941	$3,668,062	$190,795
2020	$198,537	$179,201	$3,524,663	$19,336
2019	$390,210	$170,687	$3,444,466	$219,523
2018	$449,768	$187,737	$3,095,853	$262,031

WACO Historical Society