CHEROKEE NATIONAL HISTORICAL SOCIE… - Form 990 Financial Data

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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

1963

Legal Domicile

Principal Officer

BRENDA PARTAIN

Phone

9184566007

Tax Period

2020-01-01 to 2020-12-31

CHEROKEE NATIONAL HISTORICAL SOCIETY INC, founded in 1963, is a small nonprofit that reported $954K in total revenue in fiscal year 2020. Revenue fell 34% from the prior year — a significant decline worth monitoring. Expenses of $1.1M exceeded revenue, resulting in a 11% operating deficit.

Mission

TO PRESERVE, PROMOTE AND TEACH CHEROKEE HISTORY AND CULTURE.

Program Service Accomplishments

Program 1

Expenses: $575,412 Revenue: $61,348

THE SOCIETY OPERATES A MUSEUM OF HISTORY WITH DISPLAYS OF ARTIFACTS AND HISTORICAL EXHIBITS. THE SOCIETY ALSO HAS A HISTORICALLY ACCURATE ANCIENT CHEROKEE VILLAGE. GENEOLOGY RESEARCH PROVIDES NATIVE AMERICAN INDIVIDUALS WITH INFORMATION ABOUT ANCESTORY. CHEROKEE HERITAGE ART SHOWS DEMONSTRATE ANCIENT CRAFTS, ARTS AND CULTURE. EDUCATION AND DEVELOPMENT GENERATES INTEREST IN PRESERVING THE HISTORY AND CULTURE OF THE CHEROKEE PEOPLE AND IN IMPROVING THE CHEROKEE HERITAGE MUSEUM. CHEROKEE MEMBERS CAN UTILIZE THE FACILITY FOR VARIOUS EVENTS SUCH AS EDUCATION PROGRAMS, ART SHOWS, AND OTHER CULTURAL 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 (2020)

Revenue Breakdown

Contributions & Grants $845,509

Program Service Revenue $61,348

Investment Income $39,005

Other Revenue $8,440

TOTAL REVENUE $954,302

Expense Breakdown

Grants Paid $0

Salaries & Benefits $716,841

Fundraising Expenses $46,940

Program Expenses $575,412

Other Expenses $343,608

TOTAL EXPENSES $1,060,449

Year-over-Year Comparison

	2020	2019	Change
Revenue	$954,302	$1,445,097	-0.3%
Expenses	$1,060,449	$1,489,680	-0.3%
Net Income	$-106,147	$-44,583	+1.4%

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
BILL JOHN BAKER	TRUSTEE	1.00	Director	$0	$0	$0
JACK BAKER	TRUSTEE	1.00	Director	$0	$0	$0
STEVE BOLIN	PRESIDENT	1.00	Officer Director	$0	$0	$0
CHARLES CHIEF BOYD	TRUSTEE	1.00	Director	$0	$0	$0
RON CAMBIANO	SECRETARY	1.00	Officer Director	$0	$0	$0
S JOE CRITTENDEN	TRUSTEE	1.00	Director	$0	$0	$0
PATSY EDGAR	TRUSTEE	1.00	Director	$0	$0	$0
JIM HALSEY	TRUSTEE	1.00	Director	$0	$0	$0
BETTY JO HAYS	TRUSTEE	1.00	Director	$0	$0	$0
HONOR KEELER	VICE PRESIDE	1.00	Officer Director	$0	$0	$0
MARY ELLEN MEREDITH	TRUSTEE	1.00	Director	$0	$0	$0
BRENDA PARTAIN	TRUSTEE	1.00	Director	$0	$0	$0
WINNIE GUESS PERDUE	TRUSTEE	1.00	Director	$0	$0	$0
SUSAN PLUMB	TREASURER	1.00	Officer Director	$0	$0	$0
PAUL WESTBROOK	TRUSTEE	1.00	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
2020	$954,302	$1,060,449	$2,426,107	$-106,147
2019	$1,445,097	$1,489,680	$2,473,271	$-44,583
2018	$1,367,704	$1,414,435	$2,419,101	$-46,731

CHEROKEE NATIONAL HISTORICAL SOCIETY INC