Civic Intelligence

The Old Rugged Cross Historical Soc

EIN 38-2423661 • 501(c)3 • Reed City, MI

Profile

The purpose of the organization is to receive and collect contributions to maintain a memorial to georg and hannah (dahlstrom) bennard and to secure hold title lease borrow or rent artifacts pertinent to the historical significance of osceola county reed city and or rev george an

PO Box 52Reed City, MI 49677
Siviq Scores

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

Liabilities / Assets

60th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

501(c)3 • <$500k nonprofits • Source year 2021

Liabilities / Revenue

62nd percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

501(c)3 • <$500k nonprofits • Source year 2021

Net Margin

98th percentile

96%

Higher net margin than 98% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2021

Top Officer Pay

81st percentile

$0

Higher top officer pay than 81% of similar nonprofits.

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

501(c)3 • <$500k nonprofits • Source year 2021

Asset Growth

Score unavailable

No value available

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

Source year 2021

Revenue Growth

Score unavailable

No value available

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

Source year 2021

Balance Sheet
Liabilities / Assets60th percentile

Assets

$355,663

No earlier filing loaded for comparison.

Liabilities

$0

No earlier filing loaded for comparison.

Net Assets

$355,663

No earlier filing loaded for comparison.

Operations
Liabilities / Revenue62nd percentileNet Margin98th percentile

Revenue

$331,301

No earlier filing loaded for comparison.

Expenses

$14,712

No earlier filing loaded for comparison.

Net Income

$316,589

No earlier filing loaded for comparison.

Trend Graphs

Balance Sheet Trend

Asset GrowthScore unavailable

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

$400K$300K$200K$100K$0Assets 2021: $355,663Liabilities 2021: $0Net Assets 2021: $355,6632021

Highlighted filing

2021

Assets$355,663
Liabilities$0
Net Assets$355,663
Open 2021 Filing

Operations Trend

Revenue GrowthScore unavailable

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

$400K$300K$200K$100K$0Revenue 2021: $331,301Expenses 2021: $14,712Net Income 2021: $316,5892021

Highlighted filing

2021

Revenue$331,301
Expenses$14,712
Net Income$316,589
Open 2021 Filing

Filings

Most recent year

2021 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$355,663
Liabilities
$0
Net assets
$355,663
Revenue
$331,301
Expenses
$14,712
Net income
$316,589
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2021Detailed filing. Detailed filing data is available for this year.$3.56$0.00$3.56$3.31$0.15$3.17
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2021 to Dec 31, 2021
Signed
May 13, 2022
Return Version
2021v4.2
Gross Receipts
$331,301
Mission and Program Overview

Mission

The purpose of the organization is to receive and collect contributions to maintain a memorial to georg and hannah (dahlstrom) bennard and to secure hold title lease borrow or rent artifacts pertinent to the historical significance of osceola county reed city and or rev george an

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net-$293,231-
Cash and Non-Interest-Bearing Accounts$8,080$33,997▲ $25,917
Investments Program Related$10,127$20,911▲ $10,784
Savings and Temporary Cash Investments$9,553$7,024▼ $2,529
Inventories for Sale or Use-$500-
Total Assets$27,760$355,663▲ $327,903
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$17,633$327,944▲ $310,311
Net Assets With Donor Restrictions$10,127$27,719▲ $17,592
Total Net Assets Fund Balance$27,760$355,663▲ $327,903
Total Liabilities and Net Assets / Fund Balance$27,760$355,663▲ $327,903

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$258,389$6,011$264,400
Leasehold Improvements$24,242-$24,242
Land$10,600-$10,600
Investment Program Related Org$20,911--
Compensation and Service Providers
Top Officer Pay81st percentile

Board Members and Trustees

NameTitle
Nathan BaileyPresident
Kathaleen YostVice President
Linda BackusSecretary
Gail BaileyTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$330,256
Program Service Revenue
$0
Investment Income
$23
Other Revenue
$1,022
All Other Contributions
$327,082
Change in Net Assets
$316,589

Noncash Contribution Practices

Property subject to holding requirements
No
Reviewed unusual noncash gifts
No
Third parties used for noncash contributions
No

Noncash Contributions

Contribution TypeContribution CountReported AmountValuation Method
Real Estate Commercial1$275,000Appraisal
Total Noncash Contributions1$275,000-
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$14,712
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Depreciation Depletion$6,011--$6,011
Other Expenses-$1,628-$1,628
Insurance-$1,425-$1,425
Fees for Services Other$976--$976
Advertising-$808-$808
All Other Expenses-$729-$729
Office Expenses-$228-$228
Total Functional Expenses$6,987$7,725$0$14,712
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
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
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
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Officer directors etc family relationship Part VI line 2

“Board elected president (nathan bailey) is the son of board elected treasurer gail bailey.”

Form 990 governing body review Part VI line 11

“Return was reviewed with treasurer (via additional information required) and with president at time of signing”

Governing documents etc available to public Part VI line 19

“All governing documents are available to public upon request”

Filing and Contact Details

Filer

Filer Name
The Old Rugged Cross Historical Soc
EIN
38-2423661
Address
PO BOX 52, REED CITY, MI 49677
Doing Business As
Old Rugged Cross Museum

Signing Officer

Name
Nathan Bailey
Title
President
Phone
2318322798
Signed
2022-05-13
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Nathan Bailey
Formed
1981
Legal Domicile
Mi
Voting Board Members
15
Independent Board Members
15
Employees
0
Volunteers
15

Preparer

Firm
Crossroads Business Services LLC
Address
21719 Howard Street PO Box 41, Reed City, MI 49677
Preparer
Susan Toogood
Phone
2318322573
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