FOSTER COUNTY HISTORICAL SOCIETY INC

EIN: 450378829 501(c)(3)

Carrington, ND

Total Revenue
$42,783
Total Expenses
$33,646
Total Assets
$261,021
Net Assets
$261,021
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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
2020
Legal Domicile
ND
Principal Officer
Joe Vogelwede
Phone
7016525963
Tax Period
2020-01-01 to 2020-12-31

FOSTER COUNTY HISTORICAL SOCIETY INC, founded in 2020, is a micro nonprofit that reported $43K in total revenue in fiscal year 2020. The organization ran a surplus of $9K, a strong 21% operating margin.

Mission

Preserve History and Artifacts of Foster Co.

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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 (2020)

Revenue Breakdown

Contributions & Grants $33,906
Program Service Revenue $0
Investment Income $456
Other Revenue $8,421
TOTAL REVENUE $42,783

Expense Breakdown

Grants Paid $0
Salaries & Benefits $8,646
Fundraising Expenses $0
Program Expenses $33,646
Other Expenses $25,000
TOTAL EXPENSES $33,646

Year-over-Year Comparison

2020 2019 Change
Revenue $42,783 $42,784 0.0%
Expenses $33,646 $34,750 0.0%
Net Income $9,137 $8,034 +0.1%
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
11
Independent Members
11
Employees
1
Volunteers
11

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
6
$0
Total Directors
2
$0
Key Employees
1
$6,808
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Allison Schuman Putnam House Coordinator 15
Key Emp
$6,808 $0 $6,808
Joanne Jensen Director 2
Director
$0 $0 $0
Sharon Hewitt Director 2
Director
$0 $0 $0
Joe Vogelwede President 4
Officer
$0 $0 $0
Cathy Paulson Secretary 4
Officer
$0 $0 $0
Roger Schlotman Treasurer 4
Officer
$0 $0 $0
Mike Larson Vice President 4
Officer
$0 $0 $0
Janell Anderson Director 2
Officer
$0 $0 $0
Janice Harilstad Director 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
2020 $42,783 $33,646 $261,021 $9,137
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