INDIAN RIVER COUNTY HISTORICAL SOCIETY INC

EIN: 592419060 501(c)(3)

VERO BEACH, FL

Total Revenue
$61,179
Total Expenses
$82,614
Total Assets
$416,774
Net Assets
$414,756
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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
1984
Legal Domicile
FL
Principal Officer
JAY WHIDDON
Phone
7727783435
Tax Period
2024-01-01 to 2024-12-31

INDIAN RIVER COUNTY HISTORICAL SOCIETY INC, founded in 1984, is a micro nonprofit that reported $61K in total revenue in fiscal year 2024. Revenue fell 30% from the prior year — a significant decline worth monitoring. Expenses of $83K exceeded revenue, resulting in a 35% operating deficit.

Mission

TO ACTIVELY PROMOTE AND PRACTICE THE PRESERVATION OF ALL HISTORIC ARTIFACTS, STRUCTURES, SITES, DOCUMENTS AND ANY OTHER ARTICLE, MATERIAL OR ORAL RELATING TO THE INDIAN RIVER COUNTY AREA.

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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 $38,290
Program Service Revenue $9,346
Investment Income $8,991
Other Revenue $4,552
TOTAL REVENUE $61,179

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $74,920
Other Expenses $82,614
TOTAL EXPENSES $82,614

Year-over-Year Comparison

2024 2023 Change
Revenue $61,179 $87,092 -0.3%
Expenses $82,614 $98,514 -0.2%
Net Income $-21,435 $-11,422 +0.9%
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

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Governance

Voting Members
13
Independent Members
13
Employees
N/A
Volunteers
25

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
4
$0
Total Directors
13
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JAY WHIDDON PRESIDENT N/A
Officer Director
$0 $0 $0
KELLY THOMPSON VICE PRESIDE N/A
Officer Director
$0 $0 $0
JOHN WOODS TREASURER N/A
Officer Director
$0 $0 $0
JONNIE MAE PERRY SECRETARY N/A
Officer Director
$0 $0 $0
MARYANNE EGAN DIRECTOR N/A
Director
$0 $0 $0
NICK SAMUEL DIRECTOR N/A
Director
$0 $0 $0
KRISTINA HOFMANN DIRECTOR N/A
Director
$0 $0 $0
VERA SMITH DIRECTOR N/A
Director
$0 $0 $0
WENDY FRIEDER DIRECTOR N/A
Director
$0 $0 $0
RUTH STANBRIDGE DIRECTOR N/A
Director
$0 $0 $0
MARK HOLT DIRECTOR N/A
Director
$0 $0 $0
LARRY LAWSON DIRECTOR N/A
Director
$0 $0 $0
SUSAN WILLIAMS DIRECTOR N/A
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 $61,179 $82,614 $416,774 $-21,435
2023 $87,092 $98,514 $408,587 $-11,422
2022 $70,262 $87,107 $384,415 $-16,845
2021 $63,130 $73,415 $450,774 $-10,285
2020 $50,830 $74,868 $395,811 $-24,038
2019 $64,731 $85,021 $404,393 $-20,290
2018 $69,850 $101,505 $415,348 $-31,655
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