FALL RIVER COUNTY HISTORICAL SOCIETY

EIN: 460334706 501(c)(3)

HOT SPRINGS, SD

Total Revenue
$48,684
Total Expenses
$43,735
Total Assets
$1,205,335
Net Assets
$1,205,335
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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
1977
Legal Domicile
SD
Principal Officer
CAROL SIDES
Phone
6054541225
Tax Period
2023-01-01 to 2023-12-31

FALL RIVER COUNTY HISTORICAL SOCIETY, founded in 1977, is a micro nonprofit that reported $49K in total revenue in fiscal year 2023. Revenue surged 32% from the prior year, signaling strong growth momentum. Expenses of $44K left a modest 10% surplus.

Mission

TO PRESERVE THE EARLY HISTORY OF FALL RIVER COUNTY SOUTH DAKOTA

Program Service Accomplishments

Program 1
Revenue: $40,648

THE FALL RIVER COUNTY MUSEUM IS OPEN TO THE GENERAL PUBLIC FROM MAY THROUGH SEPTEMBER FOR TOURS FOR THE APPRECIATIONOF THE VARIOUS TOOLS EQUIPMENT AND HOUSEHOD ITEMS THAT WER IN USE IN THE LATE 1800S...

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THE FALL RIVER COUNTY MUSEUM IS OPEN TO THE GENERAL PUBLIC FROM MAY THROUGH SEPTEMBER FOR TOURS FOR THE APPRECIATIONOF THE VARIOUS TOOLS EQUIPMENT AND HOUSEHOD ITEMS THAT WER IN USE IN THE LATE 1800S AND EARLY 1900S A FALL RIVER COUNTY HISTORY CONFERENCE WAS HELD IN THE MUSEUM IN JANUARY AND A PIONEER DAY IN THE FALL TO FURTHER AID IN THE PURPOSE OF PRESERVING THE LIFESTYLE OF FALL RIVER COUNTY IN THAT ERA

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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 (2023)

Revenue Breakdown

Contributions & Grants $20,479
Program Service Revenue $15,026
Investment Income $9,869
Other Revenue $3,310
TOTAL REVENUE $48,684

Expense Breakdown

Grants Paid $0
Salaries & Benefits $8,461
Fundraising Expenses $0
Other Expenses $35,274
TOTAL EXPENSES $43,735

Year-over-Year Comparison

2023 2022 Change
Revenue $48,684 $36,884 +0.3%
Expenses $43,735 $41,728 +0.0%
Net Income $4,949 $-4,844 -2.0%
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
12
Independent Members
12
Employees
2
Volunteers
24

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
3
$0
Total Directors
12
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
CALVIN LARIVE PRESIDENT 3.00
Officer Director
$0 $0 $0
FLORA STEARNS SECRETARY 1.00
Officer Director
$0 $0 $0
RANDY URIAH LUALLIN TREASURER 3.00
Officer Director
$0 $0 $0
DAWN JOHNSON BOARD MEMBER 1.00
Director
$0 $0 $0
RITA FRAUNE BOARD MEMBER 1.00
Director
$0 $0 $0
PERRY HOLMES MEMBER 1.00
Director
$0 $0 $0
DAVID SCHNUTE MEMBER 1.00
Director
$0 $0 $0
PAT LOGUE MEMBER 1.00
Director
$0 $0 $0
DON MERRILL MEMBER 1.00
Director
$0 $0 $0
MARCUS HEERDT MEMBER 1.00
Director
$0 $0 $0
MICHAEL SOMMER MEMBER 1.00
Director
$0 $0 $0
SUSAN WILSON MEMBER 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
2024 No data No data No data No data
2023 $48,684 $43,735 $1,205,335 $4,949
2022 $36,884 $41,728 $1,191,996 $-4,844
2021 $60,180 $49,482 $1,219,528 $10,698
2020 $61,804 $41,123 $1,209,467 $20,681
2019 $63,897 $62,751 $1,189,304 $1,146
2018 $35,658 $36,572 $1,188,484 $-914
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