Switzerland County Historical Soci… - Form 990 Financial Data

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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

1970

Legal Domicile

Principal Officer

MARTHA BLADEN

Phone

8124273560

Tax Period

2024-01-01 to 2024-12-31

Switzerland County Historical Society Inc, founded in 1970, is a micro nonprofit that reported $63K in total revenue in fiscal year 2024. Revenue fell 20% from the prior year — a significant decline worth monitoring. Expenses of $105K exceeded revenue, resulting in a 65% operating deficit.

Mission

HISTORICAL PRESERVATION

Program Service Accomplishments

Program 1

Expenses: $10,912 Revenue: $1,428

THE SWITERLAND COUNTY HISTORICAL SOCIETY MAINTAINS THREE LOCATIONS WHICH HOUSE MANY ARTIFACTS FROM THE COUNTYS HISTORY. IN ADDITION TO HAVING THE ITEMS OUT FOR DISPLAY THE SOCIETY ALSO HOSTS PROGRAMS TO FURTHER THE INTEREST OF THE GENERAL PUBLIC IN MAINTAINING AND PRESERVING THE PAST HISTORY OF OUR COUNTY

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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 $53,473

Program Service Revenue $1,428

Investment Income $7,822

Other Revenue $634

TOTAL REVENUE $63,357

Expense Breakdown

Grants Paid $0

Salaries & Benefits $18,461

Fundraising Expenses $0

Program Expenses $10,912

Other Expenses $86,182

TOTAL EXPENSES $104,643

Year-over-Year Comparison

	2024	2023	Change
Revenue	$63,357	$79,530	-0.2%
Expenses	$104,643	$98,621	+0.1%
Net Income	$-41,286	$-19,091	+1.2%

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

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
BRIAN LUCAS	PRESIDENT	4.00	Director	$0	$0	$0
SUNDRA WHITHAM	VICE PRESIDENT	2.00	Director	$0	$0	$0
BARRY BROWN	SECRETARY	2.00	Director	$0	$0	$0
ANITA DANNER	Treasurer	8.00	Director	$0	$0	$0
Martha Bladen	Executive Director	30.00	Highest	$12,240	$0	$12,240
SUSIE DEAN	Director	2.00	Director	$0	$0	$0
STEVE HERTZMAN	Director	2.00	Director	$0	$0	$0
CLAUDIA DAWSON	Director	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	$63,357	$104,643	$535,198	$-41,286
2023	$79,530	$98,621	$577,217	$-19,091
2022	$59,611	$142,212	$595,739	$-82,601
2021	$85,425	$129,255	$678,275	$-43,830
2020	$91,420	$101,506	$722,064	$-10,086
2019	$82,860	$107,833	$732,208	$-24,973
2018	$141,091	$127,344	$759,019	$13,747

Switzerland County Historical Society Inc