NORTH FRANKLIN HERITAGE MUSEUM (EIN 731644350) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

1994

Legal Domicile

Tax Period

2023-01-01 to 2023-12-31

NORTH FRANKLIN HERITAGE MUSEUM, founded in 1994, is a small nonprofit in the Arts, Culture & Humanities sector that reported $179K in total revenue in fiscal year 2023. Revenue surged 308% from the prior year, signaling strong growth momentum. The organization ran a surplus of $101K, a strong 56% operating margin.

Mission

THE PURPOSE OF THE CORPORATION SHALL BE TO PERPETUATE THE HISTORY OF NORTH FRANKLIN COUNTY, INCLUDING CONNELL, MESA, BASIN CITY, ELTOPIA AND KAHLOTUS, THROUGH EDUCATIONAL AND OTHER PROGRAMS AND THROUGH THE OPERATION OF THE MUSEUM.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $183,506

Program Service Revenue $3,104

Investment Income $350

Other Revenue $-8,137

TOTAL REVENUE $178,823

Expense Breakdown

Grants Paid $0

Salaries & Benefits $22,605

Fundraising Expenses $0

Program Expenses $48,751

Other Expenses $55,544

TOTAL EXPENSES $78,149

Year-over-Year Comparison

	2023	2022	Change
Revenue	$178,823	$43,814	+3.1%
Expenses	$78,149	$36,817	+1.1%
Net Income	$100,674	$6,997	+13.4%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

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

$22,605

Total Directors

$22,605

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
SHELLY HARPER	PRESIDENT	20.00	Officer Director	$19,980	$0	$19,980
AMY THOMPSON	VICE PRESIDENT	20.00	Officer Director	$2,625	$0	$2,625
WYATT HARRINGTON	TRUSTEE	1.00	Director	$0	$0	$0
BOB KOCH	TRUSTEE	1.00	Director	$0	$0	$0
JORDYN FRITZ	TRUSTEE	1.00	Director	$0	$0	$0
GREG HART	TRUSTEE	1.00	Director	$0	$0	$0
KELLY FRAKES	TRUSTEE	1.00	Director	$0	$0	$0
CHRIS ESKILDSEN	TRUSTEE	1.00	Director	$0	$0	$0
DONNA SEELY	TRUSTEE	1.00	Director	$0	$0	$0
PENELOPE HATHAWAY	TRUSTEE	1.00	Director	$0	$0	$0
CONNIE KOCH	SECRETARY	1.00	Officer Director	$0	$0	$0
BECKY ESKILDSEN	TREASURER	1.00	Officer 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
2023	$178,823	$78,149	$518,989	$100,674

NORTH FRANKLIN HERITAGE MUSEUM