FRANKLIN GROVE AREA HISTORICAL SOCIETY (EIN 363622314) - 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

1988

Legal Domicile

Principal Officer

Marilyn Spangler

Phone

8159732541

Tax Period

2024-01-01 to 2024-12-31

FRANKLIN GROVE AREA HISTORICAL SOCIETY, founded in 1988, is a small nonprofit in the Arts, Culture & Humanities sector that reported $361K in total revenue in fiscal year 2024. Revenue surged 8391% from the prior year, signaling strong growth momentum. The organization ran a surplus of $344K, a strong 95% operating margin.

Mission

Maintain a building site that replicates a circa 1860 era settlement with buildings that show the living conditions and types of business of that era. In doing so we intend to educate the public about the history of Northern Illinois in middle 1800s

🔒

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 (2024)

Revenue Breakdown

Contributions & Grants $350,929

Program Service Revenue $0

Investment Income $10,275

Other Revenue $0

TOTAL REVENUE $361,204

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $17,438

Other Expenses $17,438

TOTAL EXPENSES $17,438

Year-over-Year Comparison

	2024	2023	Change
Revenue	$361,204	$4,254	+83.9%
Expenses	$17,438	$5,444	+2.2%
Net Income	$343,766	$-1,190	-289.9%

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

Employees

N/A

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
Vicky Horton	Secretary	0.25	Officer Director	$0	$0	$0
Scott Spangler	Director	20.00	Director	$0	$0	$0
Delbert Schafer	Director	5.00	Director	$0	$0	$0
Tim O'Neal	Director	5	Director	$0	$0	$0
Joe Daily	Director	1	Director	$0	$0	$0
Marilyn Spangler	President	20	Officer	$0	$0	$0
Alicia Spangler	Vice President	1	Officer	$0	$0	$0
Dave White	Treasurer	2	Officer	$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	$361,204	$17,438	$559,074	$343,766

FRANKLIN GROVE AREA HISTORICAL SOCIETY