Liabilities / Assets
73rd percentile
Higher debt load relative to assets than 73% of similar nonprofits.
EIN 41-1760561 • 501(c)3 • Wells, MN
Profile
Promote the history of the wells, mn area
Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.
Liabilities / Assets
73rd percentile
Higher debt load relative to assets than 73% of similar nonprofits.
Liabilities / Revenue
88th percentile
Higher debt load relative to revenue than 88% of similar nonprofits.
Net Margin
79th percentile
Higher net margin than 79% of similar nonprofits.
Top Officer Pay
84th percentile
Higher top officer pay than 84% of similar nonprofits.
Top officer pay equals 0.0% of source-year revenue.
Asset Growth
60th percentile
Faster asset growth than 60% of similar nonprofits.
Revenue Growth
12th percentile
Faster revenue growth than 12% of similar nonprofits.
Assets
Up$391,734
Up $13,469 (+3.6%) from 2023
Liabilities
Down$15,425
Down $39,415 (-72%) from 2023
Net Assets
$376,309
No earlier filing loaded for comparison.
Revenue
Down$54,013
Down $111,524 (-67%) from 2023
Expenses
Up$40,113
Up $9,883 (+33%) from 2023
Net Income
Down$13,900
Down $121,407 (-90%) from 2023
Most recent year
2024 • Form 990EZDetailed filing. Detailed filing data is available for this year.
The wells historical society is committed to preserving our past that we may expand our knowledge in the present and illumine the future. There is a museum which opened in 2010 showcasing the history of the wells area. The museum is open to the public but is still under renovations. The historical society also maintains a veterans memorial in the city of wells mn. The memorial honors veterans of all wars in the communities in wells and the surrounding area.
| Description | Grants | Expenses |
|---|---|---|
| RESTORATION OF TRAIN DEPOT IN WELLS MN. OPERATE BUILDING AS MUSEUM TO SHOWCASE THE HISTORY OF THE WELLS AREA. | - | $25,043 |
| THE AREA VETERANS MEMORIAL PARK IS LOCATED AT 15 WEST FRANKLIN IN DOWNTOWN WELLS. IT HONORS VETERANS OF ALL WARS FOR THE COMMUNITES OF ALDEN, BRICELYN, EASTON, DELAVAN, FREEBORN, KIESTER, MINNESOTA LAKE, WALTERS AND WELLS. | - | $13,442 |
| Name | Title | Full / Part Time | Base | Other | Total |
|---|---|---|---|---|---|
| CARMEN MEYER | President | - | $0 | - | - |
| KATHY AYERS | Vice Preside | - | $0 | - | - |
| RYAN FEIST | Treasurer | - | $0 | - | - |
| BETSY HERMANSON | Secretary | - | $0 | - | - |
“Expenses advertising 820 advertising 350 office 536 po box rent/postage 522 stationary/supplies 8 interest exp 432 insurance 3,929 insurance 1,619 bank charges 33 computer 134 professional membership 40 misc - paypal 2 sales tax 215 subscriptions 199 non-investment depreciation 12,804 total 21,643”
“Prior year adjustment-loan adjustment 38,984”
“Building/equipment 132,377 132,377 less accumulated depreciation 89,989 97,814 total 42,388 34,563”
“Wells designated 3,086 0 wells depot 10,927 0 psb 943542 2,136 0 cd 17892 5,136 0 veterans memorial 15,451 0 vm arches 2,247 0 sba eidl 15,857 15,425”
“The wells historical society is committed to preserving our past that we may expand our knowledge in the present and illumine the future. There is a museum which opened in 2010 showcasing the history of the wells area. The museum is open to the public but is still under renovations. The historical society also maintains a veterans memorial in the city of wells mn. The memorial honors veterans of all wars in the communities in wells and the surrounding area.”
“The area veterans memorial park is located at 15 west franklin in downtown wells. It honors veterans of all wars for the communites of alden, bricelyn, easton, delavan, freeborn, kiester, minnesota lake, walters and wells.”
This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.
| Path | # | Value |
|---|---|---|
| IRS990EZ/ActivitiesNotPreviouslyRptInd | 0 | false |
| IRS990EZ/BooksInCareOfDetail/PersonNm | 0 | CARMEN MEYER |
| IRS990EZ/BooksInCareOfDetail/PhoneNum | 0 | 5075536303 |
| IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt | 0 | 160 10TH ST SE |
| IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine2Txt | 0 | PO BOX 34 |
| IRS990EZ/BooksInCareOfDetail/USAddress/CityNm | 0 | WELLS |
| IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd | 0 | MN |
| IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd | 0 | 56097 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt | 0 | 38983 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt | 0 | 65256 |
| IRS990EZ/ChgMadeToOrgnzngDocNotRptInd | 0 | false |
| IRS990EZ/ContributionsGiftsGrantsEtcAmt | 0 | 47363 |
| IRS990EZ/DonorAdvisedFndsInd | 0 | false |
| IRS990EZ/EngagedInExcessBenefitTransInd | 0 | false |
| IRS990EZ/ExcessOrDeficitForYearAmt | 0 | 13900 |
| IRS990EZ/FeesAndOtherPymtToIndCntrctAmt | 0 | 8768 |
| IRS990EZ/FiledScheduleAInd | 0 | true |
| IRS990EZ/ForeignFinancialAccountInd | 0 | false |
| IRS990EZ/ForeignOfficeInd | 0 | false |
| IRS990EZ/Form1120PolFiledInd | 0 | false |
| IRS990EZ/Form990TotalAssetsGrp/BOYAmt | 0 | 378265 |
| IRS990EZ/Form990TotalAssetsGrp/EOYAmt | 0 | 391734 |
| IRS990EZ/FundraisingGrossIncomeAmt | 0 | 8127 |
| IRS990EZ/GrossReceiptsAmt | 0 | 55517 |
| IRS990EZ/InfoInScheduleOPartIIIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartIIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartIInd | 0 | X |
| IRS990EZ/InvestmentIncomeAmt | 0 | 27 |
| IRS990EZ/LandAndBuildingsGrp/BOYAmt | 0 | 296894 |
| IRS990EZ/LandAndBuildingsGrp/EOYAmt | 0 | 291915 |
| IRS990EZ/LobbyingActivitiesInd | 0 | false |
| IRS990EZ/MadeLoansToFromOfficersInd | 0 | false |
| IRS990EZ/MethodOfAccountingCashInd | 0 | X |
| IRS990EZ/NetAssetsOrFundBalancesBOYAmt | 0 | 323425 |
| IRS990EZ/NetAssetsOrFundBalancesEOYAmt | 0 | 376309 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt | 0 | 323425 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt | 0 | 376309 |
| IRS990EZ/OccupancyRentUtltsAndMaintAmt | 0 | 9702 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 0 | 000.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 1 | 000.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 2 | 000.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 3 | 000.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 1 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 2 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 3 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 0 | CARMEN MEYER |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 1 | KATHY AYERS |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 2 | RYAN FEIST |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 3 | BETSY HERMANSON |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 0 | PRESIDENT |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 1 | VICE PRESIDE |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 2 | TREASURER |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 3 | SECRETARY |
| IRS990EZ/OperateHospitalInd | 0 | false |
| IRS990EZ/Organization501c3Ind | 0 | X |
| IRS990EZ/OrganizationDissolvedEtcInd | 0 | false |
| IRS990EZ/OrganizationHadUBIInd | 0 | false |
| IRS990EZ/OtherAssetsTotalDetail/BOYAmt | 0 | 42388 |
| IRS990EZ/OtherAssetsTotalDetail/EOYAmt | 0 | 34563 |
| IRS990EZ/OtherChangesInNetAssetsAmt | 0 | 38984 |
| IRS990EZ/OtherExpensesTotalAmt | 0 | 21643 |
| IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt | 0 | NONE |
| IRS990EZ/PartVIOfCompOfHghstPdEmplTxt | 0 | NONE |
| IRS990EZ/PoliticalCampaignActyInd | 0 | false |
| IRS990EZ/PrimaryExemptPurposeTxt | 0 | THE WELLS HISTORICAL SOCIETY IS COMMITTED TO PRESERVING OUR PAST THAT WE MAY EXPAND OUR KNOWLEDGE IN THE PRESENT AND ILLUMINE THE FUTURE. THERE IS A MUSEUM WHICH OPENED IN 2010 SHOWCASING THE HISTORY OF THE WELLS AREA. THE MUSEUM IS OPEN TO THE PUBLIC BUT IS STILL UNDER RENOVATIONS. THE HISTORICAL SOCIETY ALSO MAINTAINS A VETERANS MEMORIAL IN THE CITY OF WELLS MN. THE MEMORIAL HONORS VETERANS OF ALL WARS IN THE COMMUNITIES IN WELLS AND THE SURROUNDING AREA. |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt | 0 | RESTORATION OF TRAIN DEPOT IN WELLS MN. OPERATE BUILDING AS MUSEUM TO SHOWCASE THE HISTORY OF THE WELLS AREA. |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt | 1 | THE AREA VETERANS MEMORIAL PARK IS LOCATED AT 15 WEST FRANKLIN IN DOWNTOWN WELLS. IT HONORS VETERANS OF ALL WARS FOR THE COMMUNITES OF ALDEN, BRICELYN, EASTON, DELAVAN, FREEBORN, KIESTER, MINNESOTA LAKE, WALTERS AND WELLS. |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt | 0 | 25043 |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt | 1 | 13442 |
| IRS990EZ/ProhibitedTaxShelterTransInd | 0 | false |
| IRS990EZ/RelatedOrganizationCtrlEntInd | 0 | false |
| IRS990EZ/ScheduleBNotRequiredInd | 0 | X |
| IRS990EZ/SchoolOperatingInd | 0 | false |
| IRS990EZ/SpecialEventsDirectExpensesAmt | 0 | 1504 |
| IRS990EZ/SpecialEventsNetIncomeLossAmt | 0 | 6623 |
| IRS990EZ/SubjectToProxyTaxInd | 0 | false |
| IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt | 0 | 54840 |
| IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt | 0 | 15425 |
| IRS990EZ/TanningServicesProvidedInd | 0 | false |
| IRS990EZ/TotalExpensesAmt | 0 | 40113 |
| IRS990EZ/TotalProgramServiceExpensesAmt | 0 | 38485 |
| IRS990EZ/TotalRevenueAmt | 0 | 54013 |
| IRS990EZ/TransactionWithControlEntInd | 0 | false |
| IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd | 0 | false |
| IRS990EZ/TypeOfOrganizationCorpInd | 0 | X |
| IRS990EZ/WebsiteAddressTxt | 0 | WELLSDEPOTMUSEUM.COM |
| IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt | 0 | 47363 |
| IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt | 0 | 156581 |
| IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt | 0 | 25067 |
| IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt | 0 | 229011 |
| IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt | 0 | 78 |
| IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt | 0 | 78 |
| IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt | 0 | 27 |
| IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt | 0 | 1298 |
| IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt | 0 | 6431 |
| IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt | 0 | 7756 |
| IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/CurrentTaxYearAmt | 0 | 8127 |
| IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/CurrentTaxYearMinus1YearAmt | 0 | 9282 |
| IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/TotalAmt | 0 | 17409 |
| IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt | 0 | 78 |
| IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt | 0 | 78 |
| IRS990ScheduleA/InvestmentIncomeCYPct | 0 | 0.00000 |
| IRS990ScheduleA/InvestmentIncomePYPct | 0 | 0.00000 |
| IRS990ScheduleA/PubliclySupportedOrg509a2Ind | 0 | X |
| IRS990ScheduleA/PublicSupportCY509Pct | 0 | 0.99970 |
| IRS990ScheduleA/PublicSupportPY509Pct | 0 | 0.99940 |
| IRS990ScheduleA/PublicSupportTotal509Amt | 0 | 254176 |
| IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind | 0 | X |
| IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt | 0 | 55517 |
| IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt | 0 | 167161 |
| IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt | 0 | 31498 |
| IRS990ScheduleA/Total509Grp/TotalAmt | 0 | 254176 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt | 0 | 55517 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt | 0 | 167161 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt | 0 | 31576 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt | 0 | 254254 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | EXPENSES ADVERTISING 820 ADVERTISING 350 OFFICE 536 PO BOX RENT/POSTAGE 522 STATIONARY/SUPPLIES 8 INTEREST EXP 432 INSURANCE 3,929 INSURANCE 1,619 BANK CHARGES 33 COMPUTER 134 PROFESSIONAL MEMBERSHIP 40 MISC - PAYPAL 2 SALES TAX 215 SUBSCRIPTIONS 199 NON-INVESTMENT DEPRECIATION 12,804 TOTAL 21,643 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | PRIOR YEAR ADJUSTMENT-LOAN ADJUSTMENT 38,984 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | BUILDING/EQUIPMENT 132,377 132,377 LESS ACCUMULATED DEPRECIATION 89,989 97,814 TOTAL 42,388 34,563 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | WELLS DESIGNATED 3,086 0 WELLS DEPOT 10,927 0 PSB 943542 2,136 0 CD 17892 5,136 0 VETERANS MEMORIAL 15,451 0 VM ARCHES 2,247 0 SBA EIDL 15,857 15,425 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 4 | THE WELLS HISTORICAL SOCIETY IS COMMITTED TO PRESERVING OUR PAST THAT WE MAY EXPAND OUR KNOWLEDGE IN THE PRESENT AND ILLUMINE THE FUTURE. THERE IS A MUSEUM WHICH OPENED IN 2010 SHOWCASING THE HISTORY OF THE WELLS AREA. THE MUSEUM IS OPEN TO THE PUBLIC BUT IS STILL UNDER RENOVATIONS. THE HISTORICAL SOCIETY ALSO MAINTAINS A VETERANS MEMORIAL IN THE CITY OF WELLS MN. THE MEMORIAL HONORS VETERANS OF ALL WARS IN THE COMMUNITIES IN WELLS AND THE SURROUNDING AREA. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 5 | THE AREA VETERANS MEMORIAL PARK IS LOCATED AT 15 WEST FRANKLIN IN DOWNTOWN WELLS. IT HONORS VETERANS OF ALL WARS FOR THE COMMUNITES OF ALDEN, BRICELYN, EASTON, DELAVAN, FREEBORN, KIESTER, MINNESOTA LAKE, WALTERS AND WELLS. |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | FORM 990-EZ, PART I, LINE 16 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | FORM 990-EZ, PART I, LINE 20 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | FORM 990-EZ, PART II, LINE 24 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 3 | FORM 990-EZ, PART II, LINE 26 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 4 | FORM 990-EZ, PART III |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 5 | FORM 990-EZ, PART III, LINE 29 |
| ReturnHeader/BuildTS | 0 | 2025-03-06 01:10:19Z |
| ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd | 0 | true |
| ReturnHeader/BusinessOfficerGrp/PersonNm | 0 | CARMEN MEYER |
| ReturnHeader/BusinessOfficerGrp/PersonTitleTxt | 0 | PRESIDENT |
| ReturnHeader/BusinessOfficerGrp/SignatureDt | 0 | 2025-05-19 |
| ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt | 0 | WELLS HISTORICAL SOCIETY |
| ReturnHeader/Filer/BusinessNameControlTxt | 0 | WELL |
| ReturnHeader/Filer/EIN | 0 | 411760561 |
| ReturnHeader/Filer/PhoneNum | 0 | 5075536303 |
| ReturnHeader/Filer/USAddress/AddressLine1Txt | 0 | PO BOX 43 |
| ReturnHeader/Filer/USAddress/CityNm | 0 | WELLS |
| ReturnHeader/Filer/USAddress/StateAbbreviationCd | 0 | MN |
| ReturnHeader/Filer/USAddress/ZIPCd | 0 | 56097 |
| ReturnHeader/IRSResponsiblePrtyInfoCurrInd | 0 | true |
| ReturnHeader/PreparerFirmGrp/PreparerFirmEIN | 0 | 452690863 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt | 0 | TRI-STATE TAX & ACCOUNTING |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt | 0 | 1425 SAINT JOHN AVE |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm | 0 | ALBERT LEA |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd | 0 | MN |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd | 0 | 560073156 |
| ReturnHeader/PreparerPersonGrp/PhoneNum | 0 | 5073732185 |
| ReturnHeader/PreparerPersonGrp/PreparationDt | 0 | 2025-05-20 |
| ReturnHeader/PreparerPersonGrp/PreparerPersonNm | 0 | JENNIFER L DAVENPORT |
| ReturnHeader/ReturnTs | 0 | 2025-05-20T13:55:20-04:00 |
| ReturnHeader/ReturnTypeCd | 0 | 990EZ |
| ReturnHeader/TaxPeriodBeginDt | 0 | 2024-01-01 |
| ReturnHeader/TaxPeriodEndDt | 0 | 2024-12-31 |
| ReturnHeader/TaxYr | 0 | 2024 |
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