GALION HISTORICAL SOCIETY INC

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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

1956

Legal Domicile

Principal Officer

TOM CANDER

Phone

4194689338

Tax Period

2025-01-01 to 2025-12-31

GALION HISTORICAL SOCIETY INC, founded in 1956, is a small nonprofit in the Arts, Culture & Humanities sector that reported $147K in total revenue in fiscal year 2025. Revenue surged 45% from the prior year, signaling strong growth momentum. Net assets of $1.4M represent 117 months of operating reserves.

Mission

TO PROMOTE INTEREST IN THE HERITAGE AND HISTORY OF GALION.

Program Service Accomplishments

Program 1

Expenses: $130,698

TO PROMOTE AND FOSTER THE INTEREST OF THE COMMUNITY IN THE HISTORY AND HERITAGE OF GALION, OHIO AND TO GATHER AND PRESERVE MEMORABILIA.

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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 $46,847

Program Service Revenue $280

Investment Income $75,863

Other Revenue $23,737

TOTAL REVENUE $146,727

Expense Breakdown

Grants Paid $0

Salaries & Benefits $63,967

Fundraising Expenses $0

Program Expenses $130,698

Other Expenses $95,972

TOTAL EXPENSES $159,939

Year-over-Year Comparison

	2025	2024	Change
Revenue	$146,727	$100,909	+0.5%
Expenses	$159,939	$131,701	+0.2%
Net Income	$-13,212	$-30,792	-0.6%

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
VICTORIA ARLEN	SECRETARY	1.00	Officer Director	$0	$0	$0
RANDY BIGLEY	VICE PRESIDE	1.00	Director	$0	$0	$0
TOM CANDER	PRESIDENT	1.00	Officer Director	$0	$0	$0
DUSTIN MCMILLEN	MEMBER	1.00	Director	$0	$0	$0
ANN MONNETT	MEMBER	1.00	Director	$0	$0	$0
BETHANY PIERCE	MEMBER	1.00	Director	$0	$0	$0
AMBER WERTMAN	TREASURER	1.00	Officer 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	$146,727	$159,939	$1,446,260	$-13,212
2024	No data	No data	No data	No data
2023	$94,054	$157,819	$1,380,731	$-63,765
2022	$218,802	$152,988	$1,366,427	$65,814
2021	$169,610	$139,856	$1,613,261	$29,754
2020	$80,889	$131,825	$1,551,502	$-50,936
2019	$298,406	$279,320	$1,527,342	$19,086
2018	$156,381	$134,990	$1,363,865	$21,391