Civic Intelligence

Hunterdon County Historical Society

EIN 22-1964000 • 501(c)3 • Flemington, NJ

Profile

PRESERVE COUNTY HISTORY

114 Main StFlemington, NJ 08822

www.hunterdonhistory.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

20th percentile

0.00x

Higher debt load relative to assets than 20% of similar nonprofits.

NTEE A • $1M-$5M nonprofits • Source year 2024

Liabilities / Revenue

25th percentile

0.01x

Higher debt load relative to revenue than 25% of similar nonprofits.

NTEE A • $1M-$5M nonprofits • Source year 2024

Net Margin

8th percentile

-46%

Higher net margin than 8% of similar nonprofits.

NTEE A • $1M-$5M nonprofits • Source year 2024

Top Officer Pay

53rd percentile

$60,000

Higher top officer pay than 53% of similar nonprofits.

Top officer pay equals 39.9% of source-year revenue.

NTEE A • $1M-$5M nonprofits • Source year 2024

Asset Growth

92nd percentile

95%

Faster asset growth than 92% of similar nonprofits.

NTEE A • $1M-$5M nonprofits • Annualized from 2023 to 2024

Revenue Growth

81st percentile

59%

Faster revenue growth than 81% of similar nonprofits.

NTEE A • $1M-$5M nonprofits • Annualized from 2023 to 2024

Assets

Up

$3,568,051

Up $1,734,377 (+95%) from 2023

Liabilities

Down

$794

Down $397 (-33%) from 2023

Net Assets

Up

$3,567,257

Up $1,734,774 (+95%) from 2023

Revenue

Up

$150,272

Up $55,833 (+59%) from 2023

Expenses

Up

$219,389

Up $1,341 (+0.6%) from 2023

Net Income

Up

-$69,117

Up $54,492 (+44%) from 2023

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$4.0M$3.0M$2.0M$1.0M$0Assets 2011: $1,870,743Liabilities 2011: $2,449Net Assets 2011: $1,868,2942011Assets 2012: $1,972,658Liabilities 2012: $2,830Net Assets 2012: $1,969,8282012Assets 2013: $1,980,838Liabilities 2013: $1,634Net Assets 2013: $1,979,2042013Assets 2014: $2,006,490Liabilities 2014: $1,296Net Assets 2014: $2,005,1942014Assets 2015: $1,979,985Liabilities 2015: $1,345Net Assets 2015: $1,978,6402015Assets 2016: $2,019,656Liabilities 2016: $1,345Net Assets 2016: $2,018,3112016Assets 2017: $2,045,478Liabilities 2017: $1,670Net Assets 2017: $2,043,8082017Assets 2018: $1,827,714Liabilities 2018: $211Net Assets 2018: $1,827,5032018Assets 2019: $1,889,661Liabilities 2019: $520Net Assets 2019: $1,889,1412019Assets 2020: $2,004,365Liabilities 2020: $290Net Assets 2020: $2,004,0752020Assets 2021: $2,121,297Liabilities 2021: $416Net Assets 2021: $2,120,8812021Assets 2022: $1,850,929Liabilities 2022: $0Net Assets 2022: $1,850,9292022Assets 2023: $1,833,674Liabilities 2023: $1,191Net Assets 2023: $1,832,4832023Assets 2024: $3,568,051Liabilities 2024: $794Net Assets 2024: $3,567,2572024

Highlighted filing

2024

Assets$3,568,051
Liabilities$794
Net Assets$3,567,257

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$300K$200K$100K$0-$100K-$200KRevenue 2011: $107,937Expenses 2011: $141,305Net Income 2011: -$33,3682011Revenue 2012: $155,317Expenses 2012: $103,112Net Income 2012: $52,2052012Revenue 2013: $144,275Expenses 2013: $136,095Net Income 2013: $8,1802013Revenue 2014: $119,607Expenses 2014: $101,617Net Income 2014: $17,9902014Revenue 2015: $115,062Expenses 2015: $141,616Net Income 2015: -$26,5542015Revenue 2016: $94,868Expenses 2016: $140,828Net Income 2016: -$45,9602016Revenue 2017: $72,732Expenses 2017: $145,056Net Income 2017: -$72,3242017Revenue 2018: $73,552Expenses 2018: $140,925Net Income 2018: -$67,3732018Revenue 2019: $110,705Expenses 2019: $163,685Net Income 2019: -$52,9802019Revenue 2020: $121,305Expenses 2020: $171,578Net Income 2020: -$50,2732020Revenue 2021: $117,789Expenses 2021: $167,304Net Income 2021: -$49,5152021Revenue 2022: $170,319Expenses 2022: $218,887Net Income 2022: -$48,5682022Revenue 2023: $94,439Expenses 2023: $218,048Net Income 2023: -$123,6092023Revenue 2024: $150,272Expenses 2024: $219,389Net Income 2024: -$69,1172024

Highlighted filing

2024

Revenue$150,272
Expenses$219,389
Net Income-$69,117

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.57$0.00$3.57$0.15$0.22$0.07
2023Summary only. Only limited summary data is available for this year.$1.83$0.00$1.83$0.09$0.22$0.12
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.85$0.00$1.85$0.17$0.22$0.05
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.12$0.00$2.12$0.12$0.17$0.05
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.00$0.00$2.00$0.12$0.17$0.05
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.89$0.00$1.89$0.11$0.16$0.05
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.83$0.00$1.83$0.07$0.14$0.07
2017Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.05$0.00$2.04$0.07$0.15$0.07
2016Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.02$0.00$2.02$0.09$0.14$0.05
2015Summary only. Only limited summary data is available for this year.$1.98$0.00$1.98$0.12$0.14$0.03
2014Summary only. Only limited summary data is available for this year.$2.01$0.00$2.01$0.12$0.10$0.02
2013Summary only. Only limited summary data is available for this year.$1.98$0.00$1.98$0.14$0.14$0.01
2012Summary only. Only limited summary data is available for this year.$1.97$0.00$1.97$0.16$0.10$0.05
2011Summary only. Only limited summary data is available for this year.$1.87$0.00$1.87$0.11$0.14$0.03
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Feb 11, 2025
Return Version
2024v5.2
Gross Receipts
$150,272
Mission and Program Overview

Mission

Preserve County History

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$1,179,810$2,940,969▲ $1,761,159
Land, Buildings, and Equipment, Net$525,641$500,000▼ $25,641
Cash and Non-Interest-Bearing Accounts$41,103$39,962▼ $1,141
Savings and Temporary Cash Investments$0--
Total Assets$1,833,674$3,568,051▲ $1,734,377
Other Assets Total$87,120$87,120→ $0
Liabilities
Accounts Payable and Accrued Expenses$1,191$794▼ $397
Total Liabilities$1,191$794▼ $397
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$1,832,483$3,567,257▲ $1,734,774
Total Net Assets Fund Balance$1,832,483$3,567,257▲ $1,734,774
Total Liabilities and Net Assets / Fund Balance$1,833,674$3,568,051▲ $1,734,377

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$500,000$845,000-
Equipment$0$21,887-
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
David HardingExecutive AdminstratorPT$60,000$60,000

Board Members and Trustees

NameTitle
Janice ArmstrongPresident
Peter GoodellVice President
Betty DeSapioTrustee
Gary SchotlandTrustee
John KuhlTrustee
Marcia KarrowTrustee
Pat Fisher-OlsenTrustee
Raymond SimondsTrustee
Robert PeggTrustee
Russ LockwoodTrustee
Rick EpsteinSecretary & Treasurer
John Allen JrTreasuer
Revenue and Support

Revenue Composition

Contributions and Grants
$104,532
Program Service Revenue
$0
Investment Income
$31,719
Other Revenue
$14,021
All Other Contributions
$83,647
Change in Net Assets
$-69,117
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$116,112
Other Expenses$103,277
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$91,800$15,000$0$106,800
Depreciation Depletion$25,641$0$0$25,641
Office Expenses$18,177$0$0$18,177
Occupancy$10,489$0$0$10,489
Payroll Taxes$8,004$1,308$0$9,312
Insurance$7,803$0$0$7,803
Other Expenses$5,994$0$0$5,994
Information Technology$4,644$0$0$4,644
Fees for Services Accounting$2,595$0$0$2,595
Conferences and Meetings$150$0$0$150
Fees for Services Legal$142$0$0$142
Total Functional Expenses$203,081$16,308$0$219,389
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
Yes
Management duties delegated
No
Filing and Contact Details

Filer

Filer Name
Hunterdon County Historical Society
EIN
22-1964000
Phone
9087821091
Address
114 Main St, Flemington, NJ 08822

Signing Officer

Name
Janice Armstrong
Title
President
Phone
9087821091
Signed
2025-02-11
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Janice Armstrong
Formed
1885
Legal Domicile
Nj
Voting Board Members
12
Independent Board Members
12
Employees
3
Volunteers
12

Preparer

Firm
Seramba and Associates CPA LLC
Address
14 COMMERCE STREET SUITE 109, FLEMINGTON, NJ 08822
Preparer
Erick P Spronck
Phone
9085283055
Supplemental Narrative

Additional Explanations

Pt VI, Line 11B

The Board is given the Form 990 to review before filing along with other information that needs to be filed

Pt VI, Line 19

The records are available upon request

Pt VI, Line 6

Members pay a nominal membership fee

Pt VI, Line 7A

Paying members elect the board of directors

Pt VI, Line 7B

Any changes to the bylaws are voted on upon by the members

Financial Statement Notes

Pt III, Line 4

Normal course of business

Raw XML AppendixShowing 400 of 441 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990/Form990PartVIISectionAGrp/TitleTxt1Vice President
IRS990/Form990PartVIISectionAGrp/TitleTxt2Secretary & Treasurer
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IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt087120
IRS990/OtherAssetsTotalGrp/EOYAmt087120
IRS990/OtherExpensesGrp/Desc0Repairs & Maintenance
IRS990/OtherExpensesGrp/Desc1Events
IRS990/OtherExpensesGrp/Desc2Telephone
IRS990/OtherExpensesGrp/FundraisingAmt00
IRS990/OtherExpensesGrp/FundraisingAmt10
IRS990/OtherExpensesGrp/FundraisingAmt20
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt00
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt10
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt20
IRS990/OtherExpensesGrp/ProgramServicesAmt027249
IRS990/OtherExpensesGrp/ProgramServicesAmt1393
IRS990/OtherExpensesGrp/ProgramServicesAmt25994
IRS990/OtherExpensesGrp/TotalAmt027249
IRS990/OtherExpensesGrp/TotalAmt1393
IRS990/OtherExpensesGrp/TotalAmt25994
IRS990/OtherRevenueMiscGrp/BusinessCd0561499
IRS990/OtherRevenueMiscGrp/Desc0Copying & Research Fees
IRS990/OtherRevenueMiscGrp/ExclusionAmt00
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt014021
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt014021
IRS990/OtherRevenueMiscGrp/UnrelatedBusinessRevenueAmt00
IRS990/OtherRevenueTotalAmt014021
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt00
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt015000
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt091800
IRS990/OtherSalariesAndWagesGrp/TotalAmt0106800
IRS990/PartialLiquidationInd0false
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/FundraisingAmt00
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt01308
IRS990/PayrollTaxesGrp/ProgramServicesAmt08004
IRS990/PayrollTaxesGrp/TotalAmt09312
IRS990/PoliticalCampaignActyInd0false
IRS990/PrincipalOfficerNm0Janice Armstrong
IRS990/ProfessionalFundraisingInd0false
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt057524
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt027907
IRS990/PYOtherExpensesAmt0144676
IRS990/PYOtherRevenueAmt09008
IRS990/PYRevenuesLessExpensesAmt0-123609
IRS990/PYSalariesCompEmpBnftPaidAmt073372
IRS990/PYTotalExpensesAmt0218048
IRS990/PYTotalRevenueAmt094439
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt0-69117
IRS990/RegularMonitoringEnfrcInd0false
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt01722972
IRS990/SavingsAndTempCashInvstGrp/BOYAmt00
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt0102843
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt054069
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt089200
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt091657
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt094606
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt0432375
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt031719
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt027908
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt070857
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt020979
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt023671
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt0175134
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt0907
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt0907
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/TotalAmt00
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt031719
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt027908
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt070857
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt020979
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt023671
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt0175134
IRS990ScheduleA/InvestmentIncomeCYPct00.28790
IRS990ScheduleA/InvestmentIncomePYPct00.05060
IRS990ScheduleA/OtherSupportSumAmt00
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00
IRS990ScheduleA/PublicSupportCY509Pct00.71210
IRS990ScheduleA/PublicSupportPY509Pct00.94940
IRS990ScheduleA/PublicSupportTotal509Amt0433282
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt00
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft509Grp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0102843
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt054069
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt089200
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt092564
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt094606
IRS990ScheduleA/Total509Grp/TotalAmt0433282
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt0608416
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/BuildingsGrp/BookValueAmt0500000
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0845000
IRS990ScheduleD/BuildingsGrp/InvestmentCostOrOtherBasisAmt01345000
IRS990ScheduleD/EquipmentGrp/BookValueAmt00
IRS990ScheduleD/EquipmentGrp/DepreciationAmt021887
IRS990ScheduleD/EquipmentGrp/InvestmentCostOrOtherBasisAmt021887
IRS990ScheduleD/SolicitedAssetsSaleInd0false
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0Normal course of business
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0Pt III, Line 4
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0500000
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0The Board is given the Form 990 to review before filing along with other information that needs to be filed
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1The records are available upon request
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Members pay a nominal membership fee
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Paying members elect the board of directors
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4Any changes to the bylaws are voted on upon by the members
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Pt VI, Line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Pt VI, Line 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Pt VI, Line 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Pt VI, Line 7a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Pt VI, Line 7b
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt01833674
IRS990/TotalAssetsEOYAmt03568051
IRS990/TotalAssetsGrp/BOYAmt01833674
IRS990/TotalAssetsGrp/EOYAmt03568051
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt0104532
IRS990/TotalEmployeeCnt03
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt016308
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0203081
IRS990/TotalFunctionalExpensesGrp/TotalAmt0219389
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt01191
IRS990/TotalLiabilitiesEOYAmt0794
IRS990/TotalLiabilitiesGrp/BOYAmt01191
IRS990/TotalLiabilitiesGrp/EOYAmt0794
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt01832483
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt03567257
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt0203081
IRS990/TotalReportableCompFromOrgAmt060000
IRS990/TotalRevenueGrp/ExclusionAmt00
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt045740
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0150272
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt012
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt01833674
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt03568051

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