Granite Falls, WA
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)GRANITE FALLS HISTORICAL SOCIETY, founded in 1971, is a micro nonprofit in the Arts, Culture & Humanities sector that reported $28K in total revenue in fiscal year 2025. Revenue fell 32% from the prior year — a significant decline worth monitoring. Net assets of $1.5M represent 658 months of operating reserves.
The Society's mission is to collect, preserve and share the history of the Granite Falls region. We locate, identify, and collect appropriate material, protect and interpret that material, and finally make it available to the greatest possible extent. That includes museum operation, County-wide heritage community involvement, and live and online educational access to our collections.
MUSEUM OPERATION - Our major expense is the operation of the physical museum. Occupancy, insurance, depreciation, and construction/equipment top the list. Revenue is the admission/donation box. While...
MUSEUM OPERATION - Our major expense is the operation of the physical museum. Occupancy, insurance, depreciation, and construction/equipment top the list. Revenue is the admission/donation box. While admission to the museum is free, we received $110,395.41 in donations and grants specifically for museum expansion and equipment, and those are considered revenue here because their use was restricted solely to physical museum improvement. We were open every Sunday in 2025, and opened over 40 times for out-of-town visitors or organizations requesting a tour who phoned in to arrange weekday visits. We received at the end of 2025 a $100,000 bequest to add to our Endowment fund.
HERITAGE COMMUNITY INVOLVEMENT - Our second largest expense is typically our involvement in the county's heritage community, particularly in providing online resources useful for research and/or...
HERITAGE COMMUNITY INVOLVEMENT - Our second largest expense is typically our involvement in the county's heritage community, particularly in providing online resources useful for research and/or historic tourism. Online hosting expenses continued throughout 2023, including those for online maps, rural historic cyber-tours, and countywide online museum tours. Some of these expenses are reimbursable by a historic fund and are shown as grants. Timing of reimbursements cause yearly variations. In 2023, we updated and expanded the county-wide online museums tour (and were reimbursed $1,404) We digitized historic County newspapers (and were reimbursed $19,500). We provided historical orientation presentations for several antique automobile touring clubs. We also provided technical instruction to several county genealogical societies who were struggling to improve their organizational technology skills, specifically aimed at helping them in the use of new digital scanning equipment.
EDUCATION: We maintain a strong online presence, coupled with a broadly-distributed newsletter. Since we are an all-volunteer organization, our office and IT expenses are focused on continual...
EDUCATION: We maintain a strong online presence, coupled with a broadly-distributed newsletter. Since we are an all-volunteer organization, our office and IT expenses are focused on continual educational awareness of, and access to, our collection. School class visits for 2025 were done. Hosting a total of 30 class presentation were provided to 3rd grade students. A number of printed pictures and documents were provided to local and online researchers, printing fees shown as revenue. We received a bequest at the end of the year that was directed to our Scholarship program. The donor requested that we specify the funds to go to 2 scholarships every year for a student seeking a STEM related education.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2025 | 2024 | Change | |
|---|---|---|---|
| Revenue | $27,681 | $40,796 | -0.3% |
| Expenses | $28,822 | $26,731 | +0.1% |
| Net Income | $-1,141 | $14,065 | -1.1% |
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
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| Regina Jones | Board member | 2 |
Director
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$0 | $0 | $0 |
| Marcia Day | Board member | 4 |
Director
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$0 | $0 | $0 |
| Tom Thorleifson | Board member | 2 |
Director
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$0 | $0 | $0 |
| Angie Rosenkranz | Board member | 2 |
Director
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$0 | $0 | $0 |
| Ron Chew | Board Vice-President | 3 |
Officer
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$0 | $0 | $0 |
| Bob Ingraham | Board President | 3 |
Officer
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$0 | $0 | $0 |
| Fred Cruger | Board Treasurer | 2 |
Officer
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$0 | $0 | $0 |
| Robin Ingraham | Board Member | 2 |
Officer
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$0 | $0 | $0 |
| Lisa Schmidt | Board Secretary | 2 |
Officer
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$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2025 | $27,681 | $28,822 | $1,518,949 | $-1,141 |
| 2024 | $40,796 | $26,731 | $1,199,692 | $14,065 |
| 2023 | $56,815 | $59,155 | $1,066,503 | $-2,340 |
| 2022 | $73,762 | $35,174 | $621,070 | $38,588 |
| 2021 | $82,249 | $149,963 | $581,601 | $-67,714 |
| 2020 | $50,553 | $33,320 | $511,865 | $17,233 |
Compare GRANITE FALLS HISTORICAL SOCIETY with other nonprofits in Washington and across the country.