Civic Intelligence

Wadena County Historical Society

EIN 41-1675012 • 501(c)3 • Wadena, MN

Profile

Historical Society

603 Jefferson Street NorthWadena, MN 56482
Siviq Scores

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

Liabilities / Assets

42nd percentile

0.01x

Higher debt load relative to assets than 42% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Source year 2024

Liabilities / Revenue

54th percentile

0.03x

Higher debt load relative to revenue than 54% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Source year 2024

Net Margin

87th percentile

42%

Higher net margin than 87% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Source year 2024

Top Officer Pay

75th percentile

$0

Higher top officer pay than 75% of similar nonprofits.

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

501(c)3 • $500k-$1M nonprofits • Source year 2022

Asset Growth

61st percentile

8.1%

Faster asset growth than 61% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Annualized from 2023 to 2024

Revenue Growth

68th percentile

21%

Faster revenue growth than 68% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Annualized from 2023 to 2024

Assets

Up

$502,896

Up $37,553 (+8.1%) from 2023

Liabilities

Down

$2,552

Down $10,664 (-81%) from 2023

Net Assets

Up

$500,344

Up $48,217 (+11%) from 2023

Revenue

Up

$98,368

Up $17,072 (+21%) from 2023

Expenses

Down

$56,790

Down $35,925 (-39%) from 2023

Net Income

Up

$41,578

Up $52,997 (+464%) from 2023

Trend Graphs

Balance Sheet Trend

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

$600K$400K$200K$0Assets 2011: $406,352Liabilities 2011: $02011Assets 2012: $410,789Liabilities 2012: $02012Assets 2013: $440,626Liabilities 2013: $02013Assets 2014: $451,820Liabilities 2014: $7672014Assets 2015: $445,203Liabilities 2015: $0Net Assets 2015: $445,2032015Assets 2016: $425,017Liabilities 2016: $876Net Assets 2016: $424,1412016Assets 2017: $443,052Liabilities 2017: $3,847Net Assets 2017: $439,2052017Assets 2018: $427,148Liabilities 2018: $1,889Net Assets 2018: $425,2592018Assets 2019: $448,902Liabilities 2019: $1,931Net Assets 2019: $446,9712019Assets 2020: $470,000Liabilities 2020: $1,973Net Assets 2020: $468,0272020Assets 2021: $473,639Liabilities 2021: $7,725Net Assets 2021: $465,9142021Assets 2022: $462,024Liabilities 2022: $4,524Net Assets 2022: $457,5002022Assets 2023: $465,343Liabilities 2023: $13,216Net Assets 2023: $452,1272023Assets 2024: $502,896Liabilities 2024: $2,552Net Assets 2024: $500,3442024

Highlighted filing

2024

Assets$502,896
Liabilities$2,552
Net Assets$500,344

Operations Trend

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

$100K$50K$0-$50KRevenue 2011: $49,822Expenses 2011: $29,208Net Income 2011: $20,6142011Revenue 2012: $22,649Expenses 2012: $30,807Net Income 2012: -$8,1582012Revenue 2013: $39,948Expenses 2013: $26,215Net Income 2013: $13,7332013Revenue 2014: $50,286Expenses 2014: $46,703Net Income 2014: $3,5832014Revenue 2015: $45,065Expenses 2015: $51,682Net Income 2015: -$6,6172015Revenue 2016: $40,859Expenses 2016: $51,520Net Income 2016: -$10,6612016Revenue 2017: $46,717Expenses 2017: $48,392Net Income 2017: -$1,6752017Revenue 2018: $65,697Expenses 2018: $57,514Net Income 2018: $8,1832018Revenue 2019: $62,312Expenses 2019: $54,668Net Income 2019: $7,6442019Revenue 2020: $74,173Expenses 2020: $55,979Net Income 2020: $18,1942020Revenue 2021: $75,873Expenses 2021: $76,316Net Income 2021: -$4432021Revenue 2022: $89,458Expenses 2022: $95,804Net Income 2022: -$6,3462022Revenue 2023: $81,296Expenses 2023: $92,715Net Income 2023: -$11,4192023Revenue 2024: $98,368Expenses 2024: $56,790Net Income 2024: $41,5782024

Highlighted filing

2024

Revenue$98,368
Expenses$56,790
Net Income$41,578

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$5.03$0.03$5.00$0.98$0.57$0.42
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$4.65$0.13$4.52$0.81$0.93$0.11
2022Detailed filing. Detailed filing data is available for this year.$4.62$0.05$4.58$0.89$0.96$0.06
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$4.74$0.08$4.66$0.76$0.76$0.00
2020Detailed filing. Detailed filing data is available for this year.$4.70$0.02$4.68$0.74$0.56$0.18
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$4.49$0.02$4.47$0.62$0.55$0.08
2018Detailed filing. Detailed filing data is available for this year.$4.27$0.02$4.25$0.66$0.58$0.08
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$4.43$0.04$4.39$0.47$0.48$0.02
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$4.25$0.01$4.24$0.41$0.52$0.11
2015XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$4.45$0.00$4.45$0.45$0.52$0.07
2014Summary only. Only limited summary data is available for this year.$4.52$0.01$0.50$0.47$0.04
2013Summary only. Only limited summary data is available for this year.$4.41$0.00$0.40$0.26$0.14
2012Summary only. Only limited summary data is available for this year.$4.11$0.00$0.23$0.31$0.08
2011Summary only. Only limited summary data is available for this year.$4.06$0.00$0.50$0.29$0.21
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Jun 27, 2025
Return Version
2024v5.1
Gross Receipts
$98,466
Mission and Program Overview

Mission

Historical Society

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$232,406$232,406→ $0
Cash and Non-Interest-Bearing Accounts$629$29,931▲ $29,302
Total Assets$465,343$502,896▲ $37,553
Other Assets Total$232,308$240,559▲ $8,251
Liabilities
Other Liabilities$13,216$2,552▼ $10,664
Total Liabilities$13,216$2,552▼ $10,664
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$452,127$500,344▲ $48,217
Total Net Assets Fund Balance$452,127$500,344▲ $48,217
Total Liabilities and Net Assets / Fund Balance$465,343$502,896▲ $37,553

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$232,406--
Other Assets Org$11,699--
Compensation and Service Providers

Board Members and Trustees

NameTitle
Jeb WillisExecutive Director
Nedra BertramManager
Revenue and Support

Revenue Composition

Contributions and Grants
$97,671
Program Service Revenue
$0
Investment Income
$476
Other Revenue
$221
All Other Contributions
$96,806
Change in Net Assets
$41,578
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$28,887
Salaries, Compensation, and Employee Benefits$27,903
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages-$26,212-$26,212
Insurance-$3,296-$3,296
Advertising-$3,082-$3,082
Fees for Services Accounting-$2,475-$2,475
Payroll Taxes-$1,691-$1,691
Office Expenses-$1,603-$1,603
All Other Expenses-$791-$791
Interest-$414-$414
Other Expenses-$343-$343
Total Functional Expenses$0$56,790$0$56,790
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
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
payroll taxes$2,552
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
Yes
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 governing body review Part VI line 11

Tax return given to board before being submited

Other officer or key employee compensation Part VI line 15B

Board memebers met and approved payroll rates and adjustments for employees

Governing documents etc available to public Part VI line 19

Records and available to the public

Filing and Contact Details

Filer

Filer Name
Wadena County Historical Society
EIN
41-1675012
In Care Of
% Jeb Willis
Phone
2186319079
Address
603 JEFFERSON STREET NORTH, Wadena, MN 56482

Signing Officer

Name
Jeb Willis
Title
Executive Director
Phone
2186319079
Signed
2025-06-27
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Jeb Willis
Formed
1948
Legal Domicile
Mn
Voting Board Members
8
Independent Board Members
0
Employees
2

Preparer

Firm
Larson Accounting Service Inc
Address
301 CENTENNIAL 84 DR E PO 84, NEW YORK MILLS, MN 56567
Preparer
Jerry Larson
Phone
2183852920
Raw XML Appendix331 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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ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0JEB WILLIS
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Executive Director
ReturnHeader/BusinessOfficerGrp/PhoneNum02186319079
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-06-27
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0WADENA COUNTY HISTORICAL SOCIETY
ReturnHeader/Filer/BusinessNameControlTxt0WADE
ReturnHeader/Filer/EIN0411675012
ReturnHeader/Filer/InCareOfNm0% Jeb Willis
ReturnHeader/Filer/PhoneNum02186319079
ReturnHeader/Filer/USAddress/AddressLine1Txt0603 JEFFERSON STREET NORTH
ReturnHeader/Filer/USAddress/CityNm0Wadena
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ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0411960821
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0LARSON ACCOUNTING SERVICE INC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0301 CENTENNIAL 84 DR E PO 84
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0NEW YORK MILLS
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0MN
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd056567
ReturnHeader/PreparerPersonGrp/PhoneNum02183852920
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0JERRY LARSON
ReturnHeader/PreparerPersonGrp/SelfEmployedInd0X
ReturnHeader/ReturnTs02025-07-16T12:06:51-04:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02024-01-01
ReturnHeader/TaxPeriodEndDt02024-12-31
ReturnHeader/TaxYr02024

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