LAKE ERIE ISLANDS HISTORICAL SOCIETY (EIN 341487368) - Form 990 Financial Analysis & Trantor Score

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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

1975

Legal Domicile

Principal Officer

JEFF BERQUIST

Phone

4192852804

Tax Period

2024-01-01 to 2024-12-31

LAKE ERIE ISLANDS HISTORICAL SOCIETY, founded in 1975, is a small nonprofit in the Environment sector that reported $101K in total revenue in fiscal year 2024. Revenue decreased 20% compared to the prior year. Expenses of $89K left a modest 12% surplus.

Mission

PRESERVE, INTERPRET AND EDUCATE OUR COMMUNITY AND OUR VISITORS ON THE RICH HISTORY OF THE LAKE ERIE ISLANDS.

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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 (2024)

Revenue Breakdown

Contributions & Grants $45,771

Program Service Revenue $11,075

Investment Income $8,756

Other Revenue $35,552

TOTAL REVENUE $101,154

Expense Breakdown

Grants Paid $0

Salaries & Benefits $19,679

Fundraising Expenses $0

Program Expenses $77,679

Other Expenses $69,703

TOTAL EXPENSES $89,382

Year-over-Year Comparison

	2024	2023	Change
Revenue	$101,154	$125,972	-0.2%
Expenses	$89,382	$135,019	-0.3%
Net Income	$11,772	$-9,047	-2.3%

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

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

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

$12,578

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
MARSHA BAUMERT	Board Member	32.00	Director	$12,578	$0	$12,578
MAGGIE BECKFORD	Board Member	1.00	Director	$0	$0	$0
KENDRA KOEHLER	BOARD MEMBER	1.00	Director	$0	$0	$0
DUSTIN HEINEMAN	Treasurer	2.00	Officer Director	$0	$0	$0
JEFF BERQUIST	President	1.00	Officer Director	$0	$0	$0
JUDY KANIA	Board Member	1.00	Director	$0	$0	$0
NAN BURR	Vice President	1.00	Officer Director	$0	$0	$0
BARB HUNTER	Secretary	1.00	Officer Director	$0	$0	$0
GEORGE STOIBER	Board Member	1.00	Director	$0	$0	$0
SUSIE COOPER	Board Member	1.00	Director	$0	$0	$0
DAN SAVAGE	Executive Dir.	5.00	Officer Director	$0	$0	$0
MARCIA ASHLEY	BOARD MEMBER	1.00	Director	$0	$0	$0
BRIAN MOLNAR	BOARD MEMBER	1.00	Director	$0	$0	$0
BETSY VOLCHKO	BOARD MEMBER	1.00	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	$101,154	$89,382	$525,229	$11,772
2023	$125,972	$135,019	$728,418	$-9,047
2022	$132,432	$127,385	$743,242	$5,047
2021	$149,005	$111,215	$753,452	$37,790
2020	$162,308	$99,295	$724,605	$63,013

LAKE ERIE ISLANDS HISTORICAL SOCIETY