NEVADA COMMUNITY HISTORICAL SOCIETY INC

EIN: 426000523 501(c)(3)

NEVADA, IA

Total Revenue
$25,292
Total Expenses
$38,629
Total Assets
$588,263
Net Assets
$588,263
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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
1976
Legal Domicile
IA
Principal Officer
Jan Sherwood
Phone
5152904319
Tax Period
2025-01-01 to 2025-12-31

NEVADA COMMUNITY HISTORICAL SOCIETY INC, founded in 1976, is a micro nonprofit that reported $25K in total revenue in fiscal year 2025. Revenue fell 25% from the prior year — a significant decline worth monitoring. Expenses of $39K exceeded revenue, resulting in a 53% operating deficit.

Mission

PRESERVATION OF HISTORICAL PROPERTIES

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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%)

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Financial Overview (2025)

Revenue Breakdown

Contributions & Grants $21,867
Program Service Revenue $0
Investment Income $3,425
Other Revenue $0
TOTAL REVENUE $25,292

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $38,629
Other Expenses $38,629
TOTAL EXPENSES $38,629

Year-over-Year Comparison

2025 2024 Change
Revenue $25,292 $33,663 -0.2%
Expenses $38,629 $49,856 -0.2%
Net Income $-13,337 $-16,193 -0.2%
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

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Governance

Voting Members
8
Independent Members
8
Employees
N/A
Volunteers
50

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
8
$0
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JENNY HELLAND President 5
Officer
$0 $0 $0
DORIAN MYHRE Vice President 2
Officer
$0 $0 $0
JORDAN COOK BOARDMEMBER 2
Officer
$0 $0 $0
ASHLEY KITTEN BOARDMEMBER 2
Officer
$0 $0 $0
Jessica Eyanson Boardmember 5
Officer
$0 $0 $0
Mary Lou Haddack Boardmember 2
Officer
$0 $0 $0
Rhonda Melton Board member 2
Officer
$0 $0 $0
Steve Meimann Board Member 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
2025 $25,292 $38,629 $588,263 $-13,337
2024 $33,663 $49,856 $601,600 $-16,193
2023 $45,167 $37,697 $617,793 $7,470
2022 $44,995 $41,948 $610,323 $3,047
2021 $40,404 $53,144 $607,276 $-12,740
2020 $97,285 $71,720 $620,016 $25,565
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