BUFFALO COUNTY HISTORICAL SOCIETY

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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

1972

Legal Domicile

Principal Officer

JENNIFER MURRISH

Phone

3082343041

Tax Period

2024-01-01 to 2024-12-31

BUFFALO COUNTY HISTORICAL SOCIETY, founded in 1972, is a small nonprofit in the Arts, Culture & Humanities sector that reported $338K in total revenue in fiscal year 2024. Revenue decreased 8% compared to the prior year. Expenses of $317K left a modest 6% surplus.

Mission

TO PRESERVE LOCAL HISTORY AND EDUCATE THE PUBLIC REGARDING LOCAL HISTORY.

Program Service Accomplishments

Program 1

Expenses: $58,892

COLLECTED, PRESERVED, AND EXHIBITED LOCAL ARTIFACTS IN MUSEUM AND THEREBY EDUCATED CHILDREN AND ADULTS LIVING IN OR VISITING LOCAL AREA.

Program 2

Expenses: $22,085

PUBLICATION OF NEWSLETTER OF RESEARCHED ARTICLES ON TOPICS RELATING TO HISTORY OF PERSONS & EVENTS IN BUFFALO COUNTY AND THE DISTRIBUTION OF NEWSLETTER TO MEMBERS AND ALL AREA LIBRARIES & SCHOOLS FOR...

Program 3

Expenses: $66,253

MAINTAINED AND PRESERVED THE ARCHIVAL COLLECTION OF PHOTOS, RECORDS, LETTERS, AND OTHER HISTORICAL MATERIALS RELATED TO BUFFALO COUNTY FOR USE BY PUBLIC FOR RESEARCH AND EDUCATION.

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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 $280,785

Program Service Revenue $0

Investment Income $1,493

Other Revenue $55,810

TOTAL REVENUE $338,088

Expense Breakdown

Grants Paid $0

Salaries & Benefits $120,021

Fundraising Expenses $35,787

Program Expenses $147,230

Other Expenses $196,637

TOTAL EXPENSES $316,658

Year-over-Year Comparison

	2024	2023	Change
Revenue	$338,088	$366,796	-0.1%
Expenses	$316,658	$330,772	0.0%
Net Income	$21,430	$36,024	-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

Governance

Voting Members

Independent Members

Employees

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
VICKI BISSELL	DIRECTOR	1.00	Director	$0	$0	$0
LISA ATCHISON	SECRETARY	1.00	Director	$0	$0	$0
PAT NEFF	DIRECTOR	1.00	Director	$0	$0	$0
AMBER ALEXANDER	DIRECTOR	1.00	Director	$0	$0	$0
MAXINE ERPELDING	DIRECTOR	1.00	Director	$0	$0	$0
BYRON HANSEN	DIRECTOR	1.00	Director	$0	$0	$0
DR NATHAN TYE	DIRECTOR	1.00	Director	$0	$0	$0
ROBIN SMITH	DIRECTOR	1.00	Director	$0	$0	$0
RANDY BASNETT	PRESIDENT	2.00	Officer	$0	$0	$0
KEVIN MCGREGOR	DIRECTOR	1.00	Officer	$0	$0	$0
MARY BETH LOWE	TREASURER	1.00	Officer	$0	$0	$0
CHUCK PROCHASKA	VICE PRESIDENT	2.00	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	$338,088	$316,658	$2,781,392	$21,430
2023	$366,796	$330,772	$2,764,167	$36,024
2022	$366,883	$255,852	$2,750,553	$111,031
2021	$350,758	$216,044	$2,899,906	$134,714
2020	$577,549	$203,373	$2,477,784	$374,176
2019	$275,358	$179,045	$2,150,307	$96,313
2018	$130,394	$156,735	$2,058,547	$-26,341