DANEVILLE HERITAGE ASSOCIATION (EIN 460506631) - Form 990 Financial Analysis & Trantor Score

🔒

Tuckman-Chang Vulnerability Assessment

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

2002

Legal Domicile

Principal Officer

DOUGLAS MELLEGAARD

Tax Period

2022-01-01 to 2022-12-31

DANEVILLE HERITAGE ASSOCIATION, founded in 2002, is a micro nonprofit in the Arts, Culture & Humanities sector that reported $66K in total revenue in fiscal year 2018. Revenue fell 95% from the prior year — a significant decline worth monitoring. The organization ran a surplus of $10K, a strong 16% operating margin.

Mission

COMMUNITY MUSEUM ORGANIZED TO EDUCATE THE PUBLIC THROUGH ITS DISPLAYS ABOUT THE HISTORY OF THE REGION WITH EMPHASIS ON THE HERITAGE OF THE DANISH PEOPLE

🔒

Trantor Score

Financial Health & Payment Capacity Assessment (FICO Scale: 300–850)

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2022)

Revenue Breakdown

Contributions & Grants $4,748

Program Service Revenue $0

Investment Income $1,215

Other Revenue $67,318

TOTAL REVENUE $73,281

Expense Breakdown

Grants Paid $0

Salaries & Benefits $9,659

Fundraising Expenses $0

Other Expenses $43,803

TOTAL EXPENSES $53,462

Year-over-Year Comparison

	2022	2021	Change
Revenue	$73,281	$64,596	+0.1%
Expenses	$53,462	$34,329	+0.6%
Net Income	$19,819	$30,267	-0.3%

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

N/A

Employees

N/A

Volunteers

N/A

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
DOUGLAS MELLGA	PRESIDENT	1	Officer Director	$0	$0	$0
ALAN WARD	DIRECTOR	1	Director	$0	$0	$0
BRENDA JENSEN	TREASURER	1	Officer Director	$0	$0	$0
MARTIN LARSEN	DIRECTOR	1	Director	$0	$0	$0
ROBERT CHRISTE	VICE PRES	1	Officer Director	$0	$0	$0
BARBARA LARSEN	DIRECTOR	1	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
2022	$73,281	$53,462	$1,450,724	$19,819
2021	$64,596	$34,329	$1,461,342	$30,267
2019	$66,914	$54,123	$1,455,375	$12,791
2018	$65,940	$55,487	$1,443,095	$10,453

DANEVILLE HERITAGE ASSOCIATION