ASHLAND COUNTY HISTORICAL SOCIETY

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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

1951

Legal Domicile

Principal Officer

TIMOTHY J ROWSEY

Phone

4192893111

Tax Period

2025-01-01 to 2025-12-31

ASHLAND COUNTY HISTORICAL SOCIETY, founded in 1951, is a small nonprofit in the Arts, Culture & Humanities sector that reported $497K in total revenue in fiscal year 2025. Revenue decreased 20% compared to the prior year. The organization ran a surplus of $87K, a strong 18% operating margin.

Mission

TO PRESERVE THE HISTORY OF ASHLAND COUNTY, OHIO, AND TO PROVIDE EDUCATIONAL OPPORTUNITIES TO READ ABOUT AND EXPERIENCE SAID HISTORY AND HERITAGE.

Program Service Accomplishments

Program 1

Expenses: $274,778

MAINTAINING A MUSEUM CONSISTING OF 4 BUILDINGS WITH DISPLAYS AND EXHIBITS OF ASHLAND COUNTY HISTORICAL LIFE AND TIMES. TOURS & OPEN HOURS ARE CONDUCTED FROM TIME TO TIME, AND DISPLAY SPACE IS OFFERED...

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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 (2025)

Revenue Breakdown

Contributions & Grants $35,130

Program Service Revenue $7,781

Investment Income $454,314

Other Revenue $0

TOTAL REVENUE $497,225

Expense Breakdown

Grants Paid $0

Salaries & Benefits $200,175

Fundraising Expenses $0

Program Expenses $274,778

Other Expenses $209,747

TOTAL EXPENSES $409,922

Year-over-Year Comparison

	2025	2024	Change
Revenue	$497,225	$620,155	-0.2%
Expenses	$409,922	$510,543	-0.2%
Net Income	$87,303	$109,612	-0.2%

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

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
LORI GRIBBEN	PRESIDENT	2.0	Officer Director	$0	$0	$0
DENNIS BLAKE	BOARD MEMBER	2.0	Director	$0	$0	$0
JEFF REEP	VICE PRESIDENT	2.0	Officer Director	$0	$0	$0
TIM ROWSEY	TREASURER	2.0	Officer Director	$0	$0	$0
BARB QUEER	BOARD MEMBER	2.0	Director	$0	$0	$0
MARTY SCHMITZ	BOARD MEMBER	2.0	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	$497,225	$409,922	$8,465,290	$87,303
2024	$620,155	$510,543	$8,408,662	$109,612
2023	$-113,190	$490,610	$8,299,050	$-603,800
2022	$-245,922	$395,634	$8,902,850	$-641,556
2021	$658,887	$345,105	$9,544,406	$313,782
2020	$6,382,330	$207,410	$9,230,624	$6,174,920
2019	$468,017	$206,285	$3,055,704	$261,732
2018	$226,392	$210,817	$2,793,972	$15,575