BARNES COUNTY HISTORICAL SOCIETY INC

EIN: 450331075 501(c)(3)

Valley City, ND

Total Revenue
$285,182
Total Expenses
$164,500
Total Assets
$567,650
Net Assets
$567,650
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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
1975
Legal Domicile
ND
Principal Officer
STEVEN KING
Phone
7018450966
Tax Period
2024-01-01 to 2024-12-31

BARNES COUNTY HISTORICAL SOCIETY INC, founded in 1975, is a small nonprofit that reported $285K in total revenue in fiscal year 2024. Revenue surged 45% from the prior year, signaling strong growth momentum. The organization ran a surplus of $121K, a strong 42% operating margin.

Mission

TO COLLECT, MAINTAIN, DISPLAY ARTIFACTS

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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 (2024)

Revenue Breakdown

Contributions & Grants $281,453
Program Service Revenue $0
Investment Income $1,067
Other Revenue $2,662
TOTAL REVENUE $285,182

Expense Breakdown

Grants Paid $0
Salaries & Benefits $83,387
Fundraising Expenses $0
Program Expenses $164,500
Other Expenses $81,113
TOTAL EXPENSES $164,500

Year-over-Year Comparison

2024 2023 Change
Revenue $285,182 $197,193 +0.4%
Expenses $164,500 N/A N/A
Net Income $120,682 $197,193 -0.4%
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
5
Volunteers
12

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
2
$0
Total Directors
1
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
NIKOLE NELSON TREASURERSECRETARY 0.00
Director
$0 $0 $0
STEVEN KING PRESIDENT 0.00
Officer
$0 $0 $0
HEATHER KVILVANG VICE-PRESIDENT 0.00
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 $285,182 $164,500 $567,650 $120,682
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