Civic Intelligence

Chenango County Historical Society

990 • Fiscal year 2013 • EIN 23-7035407

Jan 01, 2013 to Dec 31, 2013 • Filed on Jan 24, 2014

45 Rexford Street13815

(607) 336-9407

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

23rd percentile

0.00x

Higher debt load relative to assets than 23% of similar nonprofits.

2013 filings • NTEE A • $1M-$5M nonprofits • Source year 2013

Liabilities / Revenue

33rd percentile

0.04x

Higher debt load relative to revenue than 33% of similar nonprofits.

2013 filings • NTEE A • $1M-$5M nonprofits • Source year 2013

Net Margin

45th percentile

2.7%

Higher net margin than 45% of similar nonprofits.

2013 filings • NTEE A • $1M-$5M nonprofits • Source year 2013

Top Officer Pay

44th percentile

$0

Higher top officer pay than 44% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2013 filings • NTEE A • $1M-$5M nonprofits • Source year 2013

Asset Growth

38th percentile

0.5%

Faster asset growth than 38% of similar nonprofits.

2013 filings • NTEE A • $1M-$5M nonprofits • Annualized from 2012 to 2013

Revenue Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2013

Assets

Up

$1,296,280

Up $297,087 (+30%) from 2010

Net Assets

Up

$1,290,266

Up $298,035 (+30%) from 2010

Liabilities

Down

$6,014

Down $948 (-14%) from 2010

Revenue

$162,481

No earlier filing loaded for comparison.

Expenses

Up

$158,142

Up $27,058 (+21%) from 2010

Net Income

$4,339

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$4.0M$3.0M$2.0M$1.0M$0Assets 2010: $999,193Liabilities 2010: $6,962Net Assets 2010: $992,2312010Assets 2013: $1,296,280Liabilities 2013: $6,014Net Assets 2013: $1,290,2662013Assets 2014: $3,013,408Liabilities 2014: $5,587Net Assets 2014: $3,007,8212014Assets 2015: $2,985,978Liabilities 2015: $2,477Net Assets 2015: $2,983,5012015Assets 2018: $2,934,549Liabilities 2018: $4,235Net Assets 2018: $2,930,3142018Assets 2020: $3,367,379Liabilities 2020: $4,068Net Assets 2020: $3,363,3112020Assets 2021: $3,642,207Liabilities 2021: $5,831Net Assets 2021: $3,636,3762021Assets 2022: $3,286,096Liabilities 2022: $7,557Net Assets 2022: $3,278,5392022Assets 2024: $3,613,006Liabilities 2024: $18,500Net Assets 2024: $3,594,5062024

Highlighted filing

2013

Assets$1,296,280
Liabilities$6,014
Net Assets$1,290,266

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$600K$400K$200K$0-$200KExpenses 2010: $131,0842010Revenue 2013: $162,481Expenses 2013: $158,142Net Income 2013: $4,3392013Revenue 2014: $448,264Expenses 2014: $344,821Net Income 2014: $103,4432014Revenue 2015: $310,377Expenses 2015: $221,790Net Income 2015: $88,5872015Revenue 2018: $144,433Expenses 2018: $147,729Net Income 2018: -$3,2962018Revenue 2020: $193,959Expenses 2020: $188,236Net Income 2020: $5,7232020Revenue 2021: $228,171Expenses 2021: $202,795Net Income 2021: $25,3762021Revenue 2022: $314,557Expenses 2022: $245,140Net Income 2022: $69,4172022Revenue 2024: $277,540Expenses 2024: $326,785Net Income 2024: -$49,2452024

Highlighted filing

2013

Revenue$162,481
Expenses$158,142
Net Income$4,339
Jump To
Filing Snapshot
Filing Period
Jan 1, 2013 to Dec 31, 2013
Signed
Jan 24, 2014
Return Version
2013v3.1
Gross Receipts
$509,694
Mission and Program Overview

Mission

To lead and support the advancement of research, education, and enjoyment of chenango county history.

To lead and support the advancement of research, education, and enjoyment of Chenango County's history and historically significant assets.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$673,860$670,149▼ $3,711
Investments in Publicly Traded Securities$472,748$487,393▲ $14,645
Savings and Temporary Cash Investments$80,128$74,644▼ $5,484
Cash and Non-Interest-Bearing Accounts$41,338$47,241▲ $5,903
Inventories for Sale or Use$13,497$14,353▲ $856
Pledges and Grants Receivable$7,228$2,500▼ $4,728
Prepaid Expenses and Deferred Charges$750--
Total Assets$1,289,549$1,296,280▲ $6,731
Liabilities
Accounts Payable and Accrued Expenses$3,622$6,014▲ $2,392
Total Liabilities$3,622$6,014▲ $2,392
Net Assets / Fund Balance
Unrestricted Net Assets$785,656$771,892▼ $13,764
Permanently Rstr Net Assets$481,469$501,027▲ $19,558
Temporarily Rstr Net Assets$18,802$17,347▼ $1,455
Total Net Assets Fund Balance$1,285,927$1,290,266▲ $4,339
Total Liabilities and Net Assets / Fund Balance$1,289,549$1,296,280▲ $6,731

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$659,028$28,746$687,774
Equipment$11,121$12,592$23,713

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2013$529,218$755▲ $51,921$3,659$574,459
2012$486,415$542▲ $56,650$11,217$529,218
2011$477,543$25,000▼ $2,448$10,962$486,415
2010$443,295$295▲ $46,985$11,358$477,543
2009$385,548$220▲ $76,193$17,464$443,295
Compensation and Service Providers

Board Members and Trustees

NameTitle
Joyce ZummoPresident
Mary WeidmanVice President
Clayton WelchTrustee
Fred LanfearTrustee
Gilbert HarringtonTrustee
Joan ScudderTrustee
Julie KuprisTrustee
Kay ZaiaTrustee
Paul CurnaliaTrustee
Sharon DonaheTrustee
Timothy BrownTrustee
William SearfossTrustee
Meghan MolloyCurator and Administrator
Sarah MahanEducator
Mary Pat LanfairSecretary
Howard FogelTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$107,563
Program Service Revenue
$0
Investment Income
$32,125
Other Revenue
$22,793
All Other Contributions
$90,491
Change in Net Assets
$4,339
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$97,630
Salaries, Compensation, and Employee Benefits$60,512
Total Fundraising Expense$7,606
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$36,615$9,441$5,057$51,113
Depreciation Depletion-$17,745-$17,745
Fees for Services Other$13,720$1,026-$14,746
Insurance-$13,617-$13,617
Other Expenses$8,766$2,062$87$8,853
All Other Expenses$3,268$2,287$735$6,290
Payroll Taxes$4,361$1,125$602$6,088
Fees for Services Accounting-$3,970-$3,970
Fees for Service Investment Mgmnt Fees-$3,776-$3,776
Other Employee Benefits$2,372$611$328$3,311
Office Expenses-$2,730-$2,730
Information Technology-$2,043-$2,043
Advertising-$485$797$1,282
Total Functional Expenses$73,224$77,312$7,606$158,142
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$22,175
Fundraising Direct Expenses$4,561
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Event 1$9,284$9,284$2,540$6,744
Event 2$8,843$8,843$689$8,154
Total Events$22,175$22,175$4,561$17,614
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
Yes
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
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
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990 governing body review Part VI line 11

Management and the Executive Committee review the return in detail. Questions and concerns are directed to the appropriate party including the auditing firm, accounting staff, or the Executive Director.

Conflict of interest policy compliance Part VI line 12C

Conflict of Interest statements are signed every year by each Board Member. The statements are reviewed and conglicts are noted and individuals do not partivipate in discussions and decisions when they have conflicts. Purchases are monitored by the Treasurer and the Executive Committee.

Other officer or key employee compensation Part VI line 15B

All officer and employee compensation is approved by the governing board and documented in the minutes.

Governing documents etc available to public Part VI line 19

All documents are available upon writen request. The requests would be reviewed by the Executive Committee, documents would be copied and made available.

Filing and Contact Details

Filer

EIN
23-7035407

Signing Officer

Name
Howard Fogel
Title
Treasurer
Phone
6073369407
Signed
2014-01-24
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Joyce Zummo
Formed
1969
Legal Domicile
Ny
Voting Board Members
386
Independent Board Members
384
Employees
2

Preparer

Preparer
Stanley R Cwynar CPA
Phone
6073343838
Supplemental Narrative

Financial Statement Notes

Other revenues not included on Form 990 (Part XI, line 2D)

Special events revenue reported as gross on financial statments and net of expenses on tax return.

Other expenses not included on Form 990 (Part XII, line 2D)

Collections are not capitalized. Purchases or collection items are recorded in the year in which the items were acquired as decreases in unrestricted net assets. Contributed collection items are not reflected in the financial statements.

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IRS990/Form990PartVIISectionAGrp/TitleTxt0Secretary
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IRS990/Form990PartVIISectionAGrp/TitleTxt2Treasurer
IRS990/Form990PartVIISectionAGrp/TitleTxt3Vice President
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