Searles Valley Historical Society Corporation

EIN: 953459494 501(c)(3)

Trona, CA

Total Revenue
$70,829
Total Expenses
$51,835
Total Assets
$629,581
Net Assets
$629,452
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Financial Trends

Organization Details

Formation Year
1979
Legal Domicile
CA
Principal Officer
Bonnie Fairchild
Phone
7603725222
Tax Period
2025-01-01 to 2025-12-31

Searles Valley Historical Society Corporation, founded in 1979, is a micro nonprofit that reported $71K in total revenue in fiscal year 2025. Revenue surged 41% from the prior year, signaling strong growth momentum. The organization ran a surplus of $19K, a strong 27% operating margin.

Mission

Preserve the history of Searles Valley and surrounding areas in the upper Mojave desert area.Its primary purpose is to bring together people interested in history, especially in the history of Searles Valley and surrounding regions for future generations.

Program Service Accomplishments

Program 1
Expenses: $30,688 Revenue: $9,225

Continued to maintain previous improvements on buildings as needed to maintain their original use. The two fire engines from 1924 and 1938 have continually been repaired for public display. The fire...

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Continued to maintain previous improvements on buildings as needed to maintain their original use. The two fire engines from 1924 and 1938 have continually been repaired for public display. The fire museum opened June, 2015.

Program 2

Educational tours are geared towards students in the primary grades to instill a sense of pride in Trona by educating the local students in the history of Trona. The Searles Valley Hisotrical Society...

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Educational tours are geared towards students in the primary grades to instill a sense of pride in Trona by educating the local students in the history of Trona. The Searles Valley Hisotrical Society also encourages local schools to visit the historical buildings in Searles Valley. The opening of he museums and the caboose to the students for viewing is also offered. A scavenger hunt is also offered to the students to test their knowledge of the history of Searles Valley. The Tufa House Yard was cleaned, trees all trimmed and the windows were boarded up and a fence was put up around the property. A plaque will be put up to explain about the Tufa House and the Shed that is located on the property. This property will not be open to the public but will be a place of historic interest to view from outside of the fence.

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

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

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Financial Overview (2025)

Revenue Breakdown

Contributions & Grants $1,765
Program Service Revenue $9,225
Investment Income $56,323
Other Revenue $3,516
TOTAL REVENUE $70,829

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $30,688
Other Expenses $51,835
TOTAL EXPENSES $51,835

Year-over-Year Comparison

2025 2024 Change
Revenue $70,829 $50,278 +0.4%
Expenses $51,835 $52,708 0.0%
Net Income $18,994 $-2,430 -8.8%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
120
Independent Members
120
Employees
N/A
Volunteers
12

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
4
$0
Total Directors
7
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Jeff Schwartz Fire trucks supervisor 5.00
Director
$0 $0 $0
Cathy Heseman Vice Presnewsletterdocent 6.00
Officer Director
$0 $0 $0
Rose Ann Austin Director 1.00
Director
$0 $0 $0
Dawn McMillan Directordocent 3.00
Director
$0 $0 $0
Bill Gossett Director 1.00
Director
$0 $0 $0
Brian McMillen Scanner persondocent 6.00
Director
$0 $0 $0
Marilyn McKee Substitute docentDirector 1.00
Director
$0 $0 $0
Bonnie Fairchild Presidentdocent 6.00
Officer
$0 $0 $0
Debby Celaya Secretarydocent 4.00
Officer
$0 $0 $0
Sharon Hartley Treasurerdocent 12.00
Officer
$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 $70,829 $51,835 $629,581 $18,994
2024 $50,278 $52,708 $591,564 $-2,430
2023 $26,012 $47,024 $551,094 $-21,012
2022 $32,974 $38,614 $552,715 $-5,640
2021 $29,817 $35,746 $610,609 $-5,929
2020 $26,001 $58,458 $522,292 $-32,457
2019 $39,001 $49,880 $538,315 $-10,879
2018 $20,570 $47,027 $467,100 $-26,457
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