BUREAU COUNTY HISTORY CENTER

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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

2023

Legal Domicile

Principal Officer

JIM DUNN

Phone

8158752184

Tax Period

2024-10-01 to 2025-09-30

BUREAU COUNTY HISTORY CENTER, founded in 2023, is a small nonprofit in the Arts, Culture & Humanities sector that reported $297K in total revenue in fiscal year 2024. Revenue surged 40% from the prior year, signaling strong growth momentum. Expenses of $271K left a modest 9% surplus.

Mission

TO FACILITATE THE EDUCATION OF THE PUBLIC ON THE HISTORY OF BUREAU COUNTY, ILLINOIS, AND THE SURROUNDING AREAS THROUGH THE COLLECTION, PRESERVATION, INTERPRETATION AND EXHIBIT OF ARTIFACTS AND RELATED MATERIALS.

Program Service Accomplishments

Program 1

Expenses: $233,580

TO RAISE FUNDS AND ASSIST FINANCIALLY IN THE EDUCATION OF THE PUBLIC ON THE HISTORY OF BUREAU COUNTY, ILLINOIS AND WITH THE COLLECTION, PRESERVATION, INTERPRETATOIN AND EXHIBIT OF ARTIFACTS AND...

TO RAISE FUNDS AND ASSIST FINANCIALLY IN THE EDUCATION OF THE PUBLIC ON THE HISTORY OF BUREAU COUNTY, ILLINOIS AND WITH THE COLLECTION, PRESERVATION, INTERPRETATOIN AND EXHIBIT OF ARTIFACTS AND RELATED MATERIALS.

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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 $292,524

Program Service Revenue $0

Investment Income $1,084

Other Revenue $3,150

TOTAL REVENUE $296,758

Expense Breakdown

Grants Paid $0

Salaries & Benefits $134,818

Fundraising Expenses $0

Program Expenses $233,580

Other Expenses $136,572

TOTAL EXPENSES $271,390

Year-over-Year Comparison

	2024	2023	Change
Revenue	$296,758	$211,903	+0.4%
Expenses	$271,390	$208,329	+0.3%
Net Income	$25,368	$3,574	+6.1%

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
STEVE BOUSLOG	DIRECTOR	N/A	Director	$0	$0	$0
JIM DUNN	PRESIDENT	N/A	Officer Director	$0	$0	$0
JULIE GRADY	DIRECTOR	N/A	Director	$0	$0	$0
CURT JOHNSON	DIRECTOR	N/A	Director	$0	$0	$0
ANN LASSON	TREASURER	N/A	Officer Director	$0	$0	$0
JON MCCUTCHAN	DIRECTOR	N/A	Director	$0	$0	$0
LEXI MECUM	VICE PRESIDE	N/A	Officer Director	$0	$0	$0
MIKE NELSON	DIRECTOR	N/A	Director	$0	$0	$0
HERB RHEES	DIRECTOR	N/A	Director	$0	$0	$0
PAT SCHOU	DIRECTOR	N/A	Director	$0	$0	$0
STAN WOLF	DIRECTOR	N/A	Director	$0	$0	$0
ELIOTT WOLFE	SECRETARY	N/A	Officer Director	$0	$0	$0
TORI YEPSEN	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
2025	$296,758	$271,390	$68,304	$25,368
2024	$211,903	$208,329	$6,698	$3,574