FOREST HILLS HISTORICAL FOUNDATION INC (EIN 463743063) - Form 990 Financial Analysis & Trantor Score

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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

2013

Legal Domicile

Principal Officer

DAVID WESLER

Phone

7659622711

Tax Period

2024-01-01 to 2024-12-31

FOREST HILLS HISTORICAL FOUNDATION INC, founded in 2013, is a small nonprofit in the Arts, Culture & Humanities sector that reported $129K in total revenue in fiscal year 2024. Revenue fell 27% from the prior year — a significant decline worth monitoring. Expenses of $149K exceeded revenue, resulting in a 16% operating deficit.

Mission

THE FOUNDATION IS COMMITTED TO PRESERVING AND MAINTAINING THE HISTORIC CLUBHOUSE AND SURROUNDING GROUNDS AT THE FOREST HILLS COUNTRY CLUB IN RICHMOND, INDIANA.

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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%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $128,524

Program Service Revenue $0

Investment Income $13

Other Revenue $0

TOTAL REVENUE $128,537

Expense Breakdown

Grants Paid $2,004

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $147,822

Other Expenses $146,881

TOTAL EXPENSES $148,885

Year-over-Year Comparison

	2024	2023	Change
Revenue	$128,537	$177,112	-0.3%
Expenses	$148,885	$203,160	-0.3%
Net Income	$-20,348	$-26,048	-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

Governance

Voting Members

Independent Members

N/A

Employees

N/A

Volunteers

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
DAVID WESLER	President	2.00	Officer Director	$0	$0	$0
MARK HARRINGTON	Director	1.00	Director	$0	$0	$0
NICHOLAS HINKLE	Vice President	2.00	Officer Director	$0	$0	$0
ROBERT BEAVER	Secretary	2.00	Officer Director	$0	$0	$0
JEFF JORDAN	Treasurer	2.00	Officer Director	$0	$0	$0
JAMES TANNER	Director	1.00	Director	$0	$0	$0
LEE ELZEMEYER	Director	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	$128,537	$148,885	$1,345	$-20,348
2023	$177,112	$203,160	$21,693	$-26,048
2022	No data	No data	No data	No data
2022	$232,662	$254,759	$47,741	$-22,097
2021	$180,889	$141,521	$69,838	$39,368
2020	$283,256	$259,229	$30,470	$24,027
2019	$125,508	$122,028	$6,443	$3,480
2018	$329,116	$326,659	$2,963	$2,457

FOREST HILLS HISTORICAL FOUNDATION INC