HERNANDO DESOTO HISTORICAL SOCIETY (EIN 590649981) - 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

1938

Legal Domicile

Principal Officer

GUS SOKOS

Phone

9417471998

Tax Period

2023-07-01 to 2024-06-30

HERNANDO DESOTO HISTORICAL SOCIETY, founded in 1938, is a small nonprofit that reported $740K in total revenue in fiscal year 2023.

Mission

PRODUCTION OF COMMUNITY FESTIVAL IN CONNECTION WITH THE STAGING AND REENACTMENT OF HISTORICAL EVENTS

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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 (2023)

Revenue Breakdown

Contributions & Grants $257,336

Program Service Revenue $0

Investment Income $0

Other Revenue $482,432

TOTAL REVENUE $739,768

Expense Breakdown

Grants Paid $0

Salaries & Benefits $86,647

Fundraising Expenses $0

Program Expenses $654,087

Other Expenses $636,663

TOTAL EXPENSES $723,310

Year-over-Year Comparison

	2023	2022	Change
Revenue	$739,768	$735,329	+0.0%
Expenses	$723,310	$669,165	+0.1%
Net Income	$16,458	$66,164	-0.8%

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

180

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
SCOTT MONROE	HERNANDO	4.00	Director	$0	$0	$0
SCOTT KEMP	SECRETARY	2.00	Officer	$0	$0	$0
JEFF NANCE	TREASURER	5.00	Officer	$0	$0	$0
BOB RICHARDSON	PRESIDENT EL	2.00	Officer	$0	$0	$0
DENNISS ROMANO	PRESIDENT	4.00	Officer	$0	$0	$0
GUS SOKOS	COO	4.00	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
2025	No data	No data	No data	No data
2024	$739,768	$723,310	$132,762	$16,458
2023	$735,329	$669,165	$118,064	$66,164
2022	$640,207	$584,154	$45,038	$56,053
2021	$380,594	$329,074	$44,711	$51,520
2020	$139,789	$256,118	$3,498	$-116,329

HERNANDO DESOTO HISTORICAL SOCIETY