NEW RIVER HISTORICAL SOCIETY

EIN: 541003556 501(c)(3)

Newbern, VA

Total Revenue
$82,694
Total Expenses
$72,660
Total Assets
$613,528
Net Assets
$612,195
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1976
Legal Domicile
VA
Principal Officer
Susan DiSalvo
Phone
5404254339
Tax Period
2024-01-01 to 2024-12-31

NEW RIVER HISTORICAL SOCIETY, founded in 1976, is a micro nonprofit that reported $83K in total revenue in fiscal year 2024. Revenue grew 13% year-over-year, indicating healthy expansion. Expenses of $73K left a modest 12% surplus.

Mission

The Wilderness Road Regional Museum is owned and operated by the New River Historical Society. The mission of the museum is twofold; (1) to collect, preserve and display material relating to the history of Virginia's New River Valley and (2) to educate citizens about the region's history.

Program Service Accomplishments

Program 1
Expenses: $36,359 Revenue: $2,888

Educational School Group Tours and Activity Stations, Old Christmas, VA Tech Lifetime Learning New River Valley, Summer camp, Founder's Day, and Harvest Days

Program 2
Expenses: $11,401 Revenue: $5,738

Ingles Ferry Tour - New River Conservancy, Loyalists in the Backcountry, Juneteenth, Central Appalachian Cherokee - Colonial Treaties, Mary Draper Ingles Festival, Claytor Lake Hidden History Tours...

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Ingles Ferry Tour - New River Conservancy, Loyalists in the Backcountry, Juneteenth, Central Appalachian Cherokee - Colonial Treaties, Mary Draper Ingles Festival, Claytor Lake Hidden History Tours, Newbern Fall Festival, Newbern Noel Nights

Program 3
Expenses: $13,866 Revenue: $1,538

Guest Radio for Museum of Country Music, 160th Black Experience Talk - De Thorp, Partnership Outreach with History Oriented Non-Profits, Art Days at Historic Sites, DAR Cemetery Presentations, 250th...

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Guest Radio for Museum of Country Music, 160th Black Experience Talk - De Thorp, Partnership Outreach with History Oriented Non-Profits, Art Days at Historic Sites, DAR Cemetery Presentations, 250th Trollinger Gun Powder Cave Sign Dedication, WWI Presentation - Mt. Lake, Book Talks, Barn Storm Books

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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 (2024)

Revenue Breakdown

Contributions & Grants $60,452
Program Service Revenue $14,405
Investment Income $2,390
Other Revenue $5,447
TOTAL REVENUE $82,694

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $61,626
Other Expenses $72,660
TOTAL EXPENSES $72,660

Year-over-Year Comparison

2024 2023 Change
Revenue $82,694 $73,492 +0.1%
Expenses $72,660 $59,242 +0.2%
Net Income $10,034 $14,250 -0.3%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
11
Independent Members
N/A
Employees
N/A
Volunteers
120

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
5
$0
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Susan DiSalvo President 5.0
Officer
$0 $0 $0
Carolyn Mathews First Vice President 5.0
Officer
$0 $0 $0
Julia Kriss Second Vice President 3.0
Officer
$0 $0 $0
Cheri Strenz Secretary 2.0
Officer
$0 $0 $0
Melvin Lester Treasurer 3.0
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 $82,694 $72,660 $613,528 $10,034
2023 $73,492 $59,242 $609,129 $14,250
2022 $72,753 $91,467 $585,080 $-18,714
2021 $113,333 $74,455 $632,818 $38,878
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