Civic Intelligence

Forks Timber Museum

EIN 91-1223946 • 501(c)3 • Forks, WA

Profile

Educate public about heritage of the olympic peninsula emphasizing timber industry and forestry

PO Box 873Forks, WA 98331

forkstimbermuseum.org

Siviq Scores

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

Liabilities / Assets

36th percentile

0.00x

Higher debt load relative to assets than 36% of similar nonprofits.

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

Liabilities / Revenue

45th percentile

0.01x

Higher debt load relative to revenue than 45% of similar nonprofits.

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

Net Margin

57th percentile

7.9%

Higher net margin than 57% of similar nonprofits.

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

Top Officer Pay

Score unavailable

No value available

No filing with officer rows is available for this organization yet.

Asset Growth

43rd percentile

0.9%

Faster asset growth than 43% of similar nonprofits.

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

Revenue Growth

52nd percentile

8.0%

Faster revenue growth than 52% of similar nonprofits.

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

Assets

Up

$830,315

Up $7,256 (+0.9%) from 2023

Liabilities

Up

$866

Up $76 (+9.6%) from 2023

Net Assets

Up

$829,449

Up $7,180 (+0.9%) from 2023

Revenue

Up

$90,642

Up $6,679 (+8.0%) from 2023

Expenses

Down

$83,462

Down $9,855 (-11%) from 2023

Net Income

Up

$7,180

Up $16,534 (+177%) from 2023

Trend Graphs

Balance Sheet Trend

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

$1.0M$500K$0Assets 2015: $406,826Liabilities 2015: $1,600Net Assets 2015: $405,2262015Assets 2016: $588,379Liabilities 2016: $325Net Assets 2016: $588,0542016Assets 2017: $604,692Liabilities 2017: $504Net Assets 2017: $604,1882017Assets 2018: $670,569Liabilities 2018: $257Net Assets 2018: $670,3122018Assets 2019: $704,297Liabilities 2019: $231Net Assets 2019: $704,0662019Assets 2020: $702,866Liabilities 2020: $29Net Assets 2020: $702,8372020Assets 2021: $819,971Liabilities 2021: $337Net Assets 2021: $819,6342021Assets 2022: $832,297Liabilities 2022: $674Net Assets 2022: $831,6232022Assets 2023: $823,059Liabilities 2023: $790Net Assets 2023: $822,2692023Assets 2024: $830,315Liabilities 2024: $866Net Assets 2024: $829,4492024

Highlighted filing

2024

Assets$830,315
Liabilities$866
Net Assets$829,449

Operations Trend

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

$300K$200K$100K$0-$100KRevenue 2015: $279,757Expenses 2015: $37,499Net Income 2015: $242,2582015Revenue 2016: $243,309Expenses 2016: $59,247Net Income 2016: $184,0622016Revenue 2017: $65,639Expenses 2017: $49,505Net Income 2017: $16,1342017Revenue 2018: $115,619Expenses 2018: $49,495Net Income 2018: $66,1242018Revenue 2019: $92,562Expenses 2019: $58,808Net Income 2019: $33,7542019Revenue 2020: $48,665Expenses 2020: $49,894Net Income 2020: -$1,2292020Revenue 2021: $196,139Expenses 2021: $79,342Net Income 2021: $116,7972021Revenue 2022: $86,904Expenses 2022: $74,915Net Income 2022: $11,9892022Revenue 2023: $83,963Expenses 2023: $93,317Net Income 2023: -$9,3542023Revenue 2024: $90,642Expenses 2024: $83,462Net Income 2024: $7,1802024

Highlighted filing

2024

Revenue$90,642
Expenses$83,462
Net Income$7,180

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Nov 17, 2025
Return Version
2024v5.0
Gross Receipts
$98,133
Mission and Program Overview

Mission

Educate public about heritage of the olympic peninsula emphasizing timber industry and forestry

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$386,472$372,477▼ $13,995
Savings and Temporary Cash Investments$212,300$226,194▲ $13,894
Cash and Non-Interest-Bearing Accounts$165,501$185,873▲ $20,372
Inventories for Sale or Use$18,332$18,192▼ $140
Receivables From Officers Etc$29,383$16,508▼ $12,875
Total Assets$823,059$830,315▲ $7,256
Other Assets Total$11,071$11,071→ $0
Liabilities
Accounts Payable and Accrued Expenses$790$866▲ $76
Total Liabilities$790$866▲ $76
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$589,091$591,001▲ $1,910
Net Assets With Donor Restrictions$233,178$238,448▲ $5,270
Total Net Assets Fund Balance$822,269$829,449▲ $7,180
Total Liabilities and Net Assets / Fund Balance$823,059$830,315▲ $7,256

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$352,972$35,541$388,513
Other Land Buildings$19,288$7,252$26,540
Equipment$217$17,152$17,369

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2024$233,178-▲ $7,185$1,915$238,448
2023$232,768-▲ $1,264$446$233,178
2022$231,952-▲ $2,256$1,440$232,768
2021$229,496-▲ $4,316$1,860$231,952
2020$412,008-▲ $4,753$187,265$229,496
Compensation and Service Providers

Board Members and Trustees

NameTitle
Tom RosmondPresident
Alyssa AndrosBoard Member
Glenn KingBoard Member
Jennifer ZaccardoBoard Member
Jo Marie MillerBoard Member
Sandy SchierActing Treas
Christi BaronSecretary
Richard HalversonVice Preside
Revenue and Support

Revenue Composition

Contributions and Grants
$51,355
Program Service Revenue
$35,087
Investment Income
$5,595
Other Revenue
$-1,395
All Other Contributions
$9,496
Change in Net Assets
$7,180
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$49,776
Salaries, Compensation, and Employee Benefits$33,686
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$30,307--$30,307
Occupancy$18,236--$18,236
Depreciation Depletion$13,995--$13,995
Fees for Services Other$6,018--$6,018
Payroll Taxes$3,379--$3,379
Fees for Services Accounting-$3,160-$3,160
Office Expenses-$1,937-$1,937
Information Technology-$1,676-$1,676
Advertising$1,583--$1,583
Other Expenses$288$1,592-$288
All Other Expenses$43$118-$161
Total Functional Expenses$74,979$8,483$0$83,462
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
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Officers, Directors, Trustees, and Key Employees$29,383$16,508▼ $12,875
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
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
Yes
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 6

Approximately 200 members

Form 990, Page 6, Part VI, Line 7A

By payment of dues or memorial contributions

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

Reviewed by board of directors

Form 990, Page 6, Part VI, Line 12C

Adopted policy adapted by forks chamber of commerce

Form 990, Page 6, Part VI, Line 19

Available at museum facility 1421 s forks ave, forks wa 98331

Filing and Contact Details

Filer

Filer Name
Forks Timber Museum
EIN
91-1223946
Phone
3603749663
Address
PO BOX 873, FORKS, WA 98331

Signing Officer

Name
Tom Rosmond
Title
President
Phone
3603749663
Signed
2025-11-17
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Tom Rosmond
Formed
1984
Legal Domicile
Wa
Voting Board Members
7
Independent Board Members
7
Employees
3
Volunteers
2

Preparer

Firm
Tessa Hurn CPA LLC
Address
PO BOX 95, FORKS, WA 98331
Preparer
Tessa Hurn
Phone
3606401843
Supplemental Narrative

Financial Statement Notes

Schedule D, Page 2, Part V, Line 4

Capital improvements for timber museum

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IRS990ScheduleA/PublicSupportPY509Pct00.94810
IRS990ScheduleA/PublicSupportTotal509Amt0498134
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt092538
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt084655
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt085268
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0193489
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt042184
IRS990ScheduleA/Total509Grp/TotalAmt0498134
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt098133
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt086377
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt088318
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt0198853
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt049597
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt0521278
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd0true
IRS990ScheduleD/ArtPublicExhibitionAmountsGrp/AssetsIncludedAmt011071
IRS990ScheduleD/BuildingsGrp/BookValueAmt0352972
IRS990ScheduleD/BuildingsGrp/DepreciationAmt035541
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt0388513
IRS990ScheduleD/CollectionUsedPreservationInd0X
IRS990ScheduleD/CollectionUsedPubExhibitionInd0X
IRS990ScheduleD/CYEndwmtFundGrp/BeginningYearBalanceAmt0233178
IRS990ScheduleD/CYEndwmtFundGrp/EndYearBalanceAmt0238448
IRS990ScheduleD/CYEndwmtFundGrp/InvestmentEarningsOrLossesAmt07185
IRS990ScheduleD/CYEndwmtFundGrp/OtherExpendituresAmt01915
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/BeginningYearBalanceAmt0232768
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/EndYearBalanceAmt0233178
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt01264
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/OtherExpendituresAmt0446
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/BeginningYearBalanceAmt0231952
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/EndYearBalanceAmt0232768
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt02256
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/OtherExpendituresAmt01440
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/BeginningYearBalanceAmt0229496
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/EndYearBalanceAmt0231952
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt04316
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/OtherExpendituresAmt01860
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/BeginningYearBalanceAmt0412008
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/EndYearBalanceAmt0229496
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt04753
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/OtherExpendituresAmt0187265
IRS990ScheduleD/EndowmentsHeldRelatedOrgInd0false
IRS990ScheduleD/EndowmentsHeldUnrelatedOrgInd0false
IRS990ScheduleD/EquipmentGrp/BookValueAmt0217
IRS990ScheduleD/EquipmentGrp/DepreciationAmt017152
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt017369
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt019288
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt07252
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt026540
IRS990ScheduleD/SolicitedAssetsSaleInd0false
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0CAPITAL IMPROVEMENTS FOR TIMBER MUSEUM
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE D, PAGE 2, PART V, LINE 4
IRS990ScheduleD/TermEndowmentBalanceEOYPct01.00000
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0372477
IRS990/ScheduleJRequiredInd0false
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BalanceDueAmt012255
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BalanceDueAmt14253
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BoardOrCommitteeApprovalInd0true
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BoardOrCommitteeApprovalInd1true
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/DefaultInd0false
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/DefaultInd1false
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanFromOrganizationInd0X
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanFromOrganizationInd1X
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanPurposeTxt0OBTAIN HIGHER INTEREST
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanPurposeTxt1OBTAIN INTEREST AFTER CD MATURITY
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/OriginalPrincipalAmt0100000
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/OriginalPrincipalAmt150000
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/PersonNm0OLYMPIC EVERGREENS
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/PersonNm1OLYMPIC EVERGREENS
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/RelationshipWithOrgTxt0PAST PRESIDENT
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/RelationshipWithOrgTxt1PAST PRESIDENT
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/WrittenAgreementInd0true
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/WrittenAgreementInd1true
IRS990ScheduleL/TotalBalanceDueAmt016508
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0APPROXIMATELY 200 MEMBERS
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1BY PAYMENT OF DUES OR MEMORIAL CONTRIBUTIONS
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2REVIEWED BY BOARD OF DIRECTORS
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3ADOPTED POLICY ADAPTED BY FORKS CHAMBER OF COMMERCE
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4AVAILABLE AT MUSEUM FACILITY 1421 S FORKS AVE, FORKS WA 98331
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 6, PART VI, LINE 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 7A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PAGE 6, PART VI, LINE 19
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt0823059
IRS990/TotalAssetsEOYAmt0830315
IRS990/TotalAssetsGrp/BOYAmt0823059
IRS990/TotalAssetsGrp/EOYAmt0830315
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt051355
IRS990/TotalEmployeeCnt03
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt08483
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt074979
IRS990/TotalFunctionalExpensesGrp/TotalAmt083462
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0790
IRS990/TotalLiabilitiesEOYAmt0866
IRS990/TotalLiabilitiesGrp/BOYAmt0790
IRS990/TotalLiabilitiesGrp/EOYAmt0866
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0822269
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0829449
IRS990/TotalProgramServiceExpensesAmt074979
IRS990/TotalProgramServiceRevenueAmt035087
IRS990/TotalRevenueGrp/ExclusionAmt05595
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt033692
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt090642
IRS990/TotalVolunteersCnt02
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0823059

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