Clarksburg History Museum Inc (EIN 841808352) - 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

2019

Legal Domicile

Principal Officer

Michael Spatafore

Phone

3046415764

Tax Period

2024-01-01 to 2024-12-31

Clarksburg History Museum Inc, founded in 2019, is a micro nonprofit in the Arts, Culture & Humanities sector that reported $48K in total revenue in fiscal year 2024. Revenue surged 75% from the prior year, signaling strong growth momentum. The organization ran a surplus of $11K, a strong 23% operating margin.

Mission

Educating our community and passing on an appreciation for Art, History, and Culture. It is our mission to ensure that visiting Clarksburg History Museum is an enriching, exciting and educational experience.

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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 (2024)

Revenue Breakdown

Contributions & Grants $40,599

Program Service Revenue $7,678

Investment Income $0

Other Revenue $-713

TOTAL REVENUE $47,564

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $31,511

Other Expenses $36,564

TOTAL EXPENSES $36,564

Year-over-Year Comparison

	2024	2023	Change
Revenue	$47,564	$27,106	+0.8%
Expenses	$36,564	$37,969	0.0%
Net Income	$11,000	$-10,863	-2.0%

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

N/A

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
Michael Spatafore	President	010.00	Officer Director	$0	$0	$0
Worthy Poe	Vice President	010.00	Officer Director	$0	$0	$0
Marilyn Blake	Secretary	010.00	Officer Director	$0	$0	$0
William Viglianco	Treasuer	010.00	Officer Director	$0	$0	$0
Connie Poe	Director	005.00	Director	$0	$0	$0
Alva Ford	Director	005.00	Director	$0	$0	$0
Angela Liepold	Director	005.00	Director	$0	$0	$0
Jonathan Stopiak	Director	005.00	Director	$0	$0	$0
Rick Wolfe	Director	005.00	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
2024	$47,564	$36,564	$32,041	$11,000
2023	$27,106	$37,969	$21,041	$-10,863
2022	$35,752	$12,403	$31,904	$23,349
2021	$10,357	$15,677	$8,555	$-5,320
2020	$16,608	$6,699	$13,875	$9,909

Clarksburg History Museum Inc