Langlade County Historical Society Inc (EIN 391208809) - 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

1966

Legal Domicile

Phone

7156274464

Tax Period

2025-01-01 to 2025-12-31

Langlade County Historical Society Inc, founded in 1966, is a micro nonprofit that reported $53K in total revenue in fiscal year 2025. Revenue fell 70% from the prior year — a significant decline worth monitoring. Expenses of $82K exceeded revenue, resulting in a 54% operating deficit.

Mission

TO PRESERVE, PROMOTE, AND DISSEMINATE THE KNOWLEDGE OF THE LOCAL HISTORY OF LANGLADE COUNTY, WISCONSIN

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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 $40,274

Program Service Revenue $0

Investment Income $512

Other Revenue $12,336

TOTAL REVENUE $53,122

Expense Breakdown

Grants Paid $0

Salaries & Benefits $20,977

Fundraising Expenses $0

Program Expenses $81,946

Other Expenses $60,969

TOTAL EXPENSES $81,946

Year-over-Year Comparison

	2025	2024	Change
Revenue	$53,122	$174,365	-0.7%
Expenses	$81,946	$72,466	+0.1%
Net Income	$-28,824	$101,899	-1.3%

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

$19,088

Total Directors

$19,088

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
MARY KAY WOLF	CURATOR & SEC	24.00	Officer Director	$19,088	$0	$19,088
GLENN BUGNI	PRESIDENT	1.00	Director	$0	$0	$0
NANCY BUGNI	DIRECTOR	1.00	Director	$0	$0	$0
CAROL GOTTARD	DIRECTOR	1.00	Director	$0	$0	$0
CHERYL MARX	DIRECTOR	1.00	Director	$0	$0	$0
DEAN BLAZEK	DIRECTOR	1.00	Director	$0	$0	$0
CHRISTINE HAEDIKE	TREASURER	1.00	Director	$0	$0	$0
DIANE ZUELZKE	DIRECTOR	1.00	Director	$0	$0	$0
PATRICIA KENNEDY	VICE PRESIDENT	3.00	Officer Director	$0	$0	$0
MICHAEL CLAY	DIRECTOR	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
2025	$53,122	$81,946	$801,759	$-28,824
2024	$174,365	$72,466	$830,532	$101,899
2023	$67,955	$76,291	$728,294	$-8,336
2022	$78,985	$71,167	$736,953	$7,818
2021	$255,020	$69,918	$745,763	$185,102
2020	$127,117	$38,958	$560,369	$88,159

Langlade County Historical Society Inc