HIBBING HISTORICAL SOCIETY (EIN 411276964) - 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

1976

Legal Domicile

Principal Officer

LEONARD HIRSCH

Phone

2182638522

Tax Period

2023-01-01 to 2023-12-31

HIBBING HISTORICAL SOCIETY, founded in 1976, is a small nonprofit that reported $242K in total revenue in fiscal year 2023. The organization ran a surplus of $192K, a strong 79% operating margin.

Mission

DISCOVER, PRESERVE, AND DISSEMINATE KNOWLEDGE ABOUT THE HISTORY OF HIBBING, MINNESOTA; ST. LOUIS COUNTY; AND THE STATE OF MINNESOTA

🔒

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 (2023)

Revenue Breakdown

Contributions & Grants $224,867

Program Service Revenue $160

Investment Income $10,674

Other Revenue $6,519

TOTAL REVENUE $242,220

Expense Breakdown

Grants Paid $0

Salaries & Benefits $24,808

Fundraising Expenses $0

Program Expenses $39,875

Other Expenses $25,384

TOTAL EXPENSES $50,192

Year-over-Year Comparison

	2023	2022	Change
Revenue	$242,220	N/A	N/A
Expenses	$50,192	N/A	N/A
Net Income	$192,028	N/A	N/A

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

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
LEONARD HIRSCH	PRESIDENT	N/A	Officer Director	$0	$0	$0
ROBERTA SCHLOESSER	VICE PRESIDENT	N/A	Officer Director	$0	$0	$0
MARY PALCICH KEYES	SECRETARY	N/A	Officer Director	$0	$0	$0
PHIL SCALISE	TREASURER	N/A	Officer Director	$0	$0	$0
LISA CRUM	DIRECTOR	N/A	Director	$0	$0	$0
HENRY DJERLEV	DIRECTOR	N/A	Director	$0	$0	$0
MIKE HUKKA	DIRECTOR	N/A	Director	$0	$0	$0
TERRI MIESBAUER	DIRECTOR	N/A	Director	$0	$0	$0
CHARLES CEDAR JR	DIRECTOR	N/A	Director	$0	$0	$0
LINDA SUIHKONEN	DIRECTOR	N/A	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
2023	$242,220	$50,192	$266,900	$192,028

HIBBING HISTORICAL SOCIETY