Civic Intelligence

Wright County Historial Society

990 • Fiscal year 2018 • EIN 41-1293863

Jan 01, 2018 to Dec 31, 2018 • Filed on Oct 30, 2019

Organization ProfileWRIGHTHISTORY.ORG
2001 Highway 25 NBuffalo, MN 55313

(763) 682-7323

Siviq Scores

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

Liabilities / Assets

27th percentile

0.00x

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

2018 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2018

Liabilities / Revenue

27th percentile

0.00x

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

2018 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2018

Net Margin

32nd percentile

-2.9%

Higher net margin than 32% of similar nonprofits.

2018 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2018

Top Officer Pay

50th percentile

$0

Higher top officer pay than 50% of similar nonprofits.

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

2018 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2018

Asset Growth

38th percentile

-1.6%

Faster asset growth than 38% of similar nonprofits.

2018 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2017 to 2018

Revenue Growth

16th percentile

-20%

Faster revenue growth than 16% of similar nonprofits.

2018 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2017 to 2018

Balance Sheet
Liabilities / Assets27th percentile

Assets

Down

$513,610

Down $8,595 (-1.6%) from 2017

Net Assets

Up

$513,610

Up $16,500 (+3.3%) from 2017

Liabilities

Down

$0

Down $25,095 (-100%) from 2017

Revenue And Expenses
Liabilities / Revenue27th percentileNet Margin32nd percentile

Revenue

Down

$294,786

Down $72,294 (-20%) from 2017

Expenses

Down

$303,406

Down $67,966 (-18%) from 2017

Net Income

Down

-$8,620

Down $4,328 (-101%) from 2017

Historical Trend

Balance Sheet Trend

Asset Growth38th percentile

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

$800K$600K$400K$200K$0Assets 2010: $577,905Liabilities 2010: $26,924Net Assets 2010: $550,9812010Assets 2011: $582,992Liabilities 2011: $25,120Net Assets 2011: $557,8722011Assets 2012: $543,135Liabilities 2012: $25,120Net Assets 2012: $518,0152012Assets 2013: $545,654Liabilities 2013: $25,095Net Assets 2013: $520,5592013Assets 2014: $548,413Liabilities 2014: $44,291Net Assets 2014: $504,1222014Assets 2015: $519,874Liabilities 2015: $25,094Net Assets 2015: $494,7802015Assets 2016: $526,496Liabilities 2016: $25,094Net Assets 2016: $501,4022016Assets 2017: $522,205Liabilities 2017: $25,095Net Assets 2017: $497,1102017Assets 2018: $513,610Liabilities 2018: $0Net Assets 2018: $513,6102018Assets 2019: $602,496Liabilities 2019: $0Net Assets 2019: $602,4962019Assets 2020: $666,536Liabilities 2020: $48,500Net Assets 2020: $618,0362020Assets 2021: $657,769Liabilities 2021: $0Net Assets 2021: $657,7692021Assets 2022: $647,725Liabilities 2022: $0Net Assets 2022: $647,7252022

Highlighted filing

2018

Assets$513,610
Liabilities$0
Net Assets$513,610
Open 2018 Filing

Operations Trend

Revenue Growth16th percentile

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

$600K$400K$200K$0-$200KRevenue 2010: $262,421Expenses 2010: $257,677Net Income 2010: $4,7442010Revenue 2011: $272,885Expenses 2011: $265,994Net Income 2011: $6,8912011Expenses 2012: $312,7292012Revenue 2013: $284,765Expenses 2013: $282,221Net Income 2013: $2,5442013Revenue 2014: $293,034Expenses 2014: $309,471Net Income 2014: -$16,4372014Revenue 2015: $298,214Expenses 2015: $307,556Net Income 2015: -$9,3422015Revenue 2016: $292,320Expenses 2016: $285,698Net Income 2016: $6,6222016Revenue 2017: $367,080Expenses 2017: $371,372Net Income 2017: -$4,2922017Revenue 2018: $294,786Expenses 2018: $303,406Net Income 2018: -$8,6202018Revenue 2019: $323,061Expenses 2019: $317,252Net Income 2019: $5,8092019Revenue 2020: $333,759Expenses 2020: $325,416Net Income 2020: $8,3432020Revenue 2021: $400,808Expenses 2021: $349,658Net Income 2021: $51,1502021Revenue 2022: $329,532Expenses 2022: $339,577Net Income 2022: -$10,0452022

Highlighted filing

2018

Revenue$294,786
Expenses$303,406
Net Income-$8,620
Open 2018 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2018 to Dec 31, 2018
Signed
Oct 30, 2019
Return Version
2018v3.1
Gross Receipts
$295,224
Mission and Program Overview

Mission

To provide information on the history of wright county to the public

To provide information on the history of wright county to the public.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$375,984$371,227▼ $4,757
Cash and Non-Interest-Bearing Accounts$146,189$142,351▼ $3,838
Accounts Receivable$32$32→ $0
Total Assets$522,205$513,610▼ $8,595
Liabilities
Accounts Payable and Accrued Expenses$25,095--
Total Liabilities$25,095$0▼ $25,095
Net Assets / Fund Balance
Permanently Rstr Net Assets$440,586$440,586→ $0
Unrestricted Net Assets$56,524$73,024▲ $16,500
Total Net Assets Fund Balance$497,110$513,610▲ $16,500
Total Liabilities and Net Assets / Fund Balance$522,205$513,610▼ $8,595

Asset Categories

AssetBook ValueDepreciationBasis
Land$307,365-$307,365
Other Land Buildings$63,862$103,460$167,322
Compensation and Service Providers
Top Officer Pay50th percentile

Board Members and Trustees

NameTitle
Ken GregornikPresident
Dave NewkirkDirector
Dick StevensDirector
Jim BischoffDirector
Jim LindbergDirector
Karen JacobsonDirector
Larry MarquardtDirector
Mary DurbenDirector
Tom RatzloffDirector
Michael PotterCounty Commi
Claudia MenzelSecretary
Dave MurrayTreasurer
Patty CampbellVice Preside
Revenue and Support

Revenue Composition

Contributions and Grants
$292,134
Program Service Revenue
$0
Investment Income
$1,087
Other Revenue
$1,565
All Other Contributions
$7,879
Change in Net Assets
$-8,620
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$236,605
Other Expenses$66,801
Total Fundraising Expense$5,915
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$166,537$4,382$4,383$175,302
Payroll Taxes$36,341$956$956$38,253
Other Employee Benefits$21,898$576$576$23,050
Office Expenses$5,969--$5,969
Conferences and Meetings$5,671--$5,671
Depreciation Depletion$4,757--$4,757
Other Expenses$1,659--$1,659
All Other Expenses$1,449--$1,449
Total Functional Expenses$291,577$5,914$5,915$303,406
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$992
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
Backup withholding compliance
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

Form 990, Page 6, Part VI, Line 11B

“No review was or will be conducted.”

Form 990, Page 6, Part VI, Line 19

“No documents available to the public”

Filing and Contact Details

Filer

Filer Name
Wright County Historical Society
EIN
41-1293863
Phone
7636827323
Address
2001 HIGHWAY 25 N, BUFFALO, MN 55313

Signing Officer

Name
Ken Gregornik
Title
President
Phone
7636827323
Signed
2019-10-30
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Ken Gregornik
Formed
1967
Legal Domicile
Mn
Voting Board Members
12
Independent Board Members
12
Employees
5

Preparer

Firm
Terning & Company Inc
Address
1938 W DIVISION ST, SAINT CLOUD, MN 56301
Preparer
Darrel Terning
Phone
3202531886
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ReturnHeader/BuildTS02020-03-31 21:24:44Z
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ReturnHeader/BusinessOfficerGrp/PhoneNum07636827323
ReturnHeader/BusinessOfficerGrp/SignatureDt02019-10-30
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ReturnHeader/FilingSecurityInformation/IPTimezoneCd0CD
ReturnHeader/FilingSecurityInformation/IPTm010:40:50
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0461681131
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0TERNING & COMPANY INC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt01938 W DIVISION ST
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Document Assets

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Filings

Displayed year

2018 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$513,610
Liabilities
$0
Net assets
$513,610
Revenue
$294,786
Expenses
$303,406
Net income
-$8,620
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$6.48$0.00$6.48$3.30$3.40$0.10
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$6.58$0.00$6.58$4.01$3.50$0.51
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$6.67$0.49$6.18$3.34$3.25$0.08
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$6.02$0.00$6.02$3.23$3.17$0.06
2018Detailed filing. Detailed filing data is available for this year.$5.14$0.00$5.14$2.95$3.03$0.09
2017Facts available. Structured filing facts are available, but richer extracted sections are limited.$5.22$0.25$4.97$3.67$3.71$0.04
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$5.26$0.25$5.01$2.92$2.86$0.07
2015Detailed filing. Detailed filing data is available for this year.$5.20$0.25$4.95$2.98$3.08$0.09
2014Detailed filing. Detailed filing data is available for this year.$5.48$0.44$5.04$2.93$3.09$0.16
2013Detailed filing. Detailed filing data is available for this year.$5.46$0.25$5.21$2.85$2.82$0.03
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$5.43$0.25$5.18$3.13
2011Summary only. Only limited summary data is available for this year.$5.83$0.25$5.58$2.73$2.66$0.07
2010Summary only. Only limited summary data is available for this year.$5.78$0.27$5.51$2.62$2.58$0.05
Peer Organizations

Similar nonprofits based on the same Siviq industry and scale cohort. 2018 filings • 501(c)3 • $500k-$1M nonprofits