Elkhorn Valley Historical Society Of Norfolk
EIN: 363377579 · Norfolk, NE
| Metric | Value |
|---|---|
| Total Revenue | $141K |
| Total Expenses | $225K |
| Net Assets | $2.3M |
Is Elkhorn Valley Historical Society Of Norfolk Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Elkhorn Valley Historical Society Of Norfolk
Elkhorn Valley Historical Society Of Norfolk (EIN: 363377579) is a nonprofit organization based in Norfolk, NE. The organization reported total revenue of $141K and total assets of $2.4M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Elkhorn Valley Historical Society Of Norfolk's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Elkhorn Valley Historical Society Of Norfolk is a small nonprofit that has been operating for 40 years, with 13 years of IRS 990 filings on record (2012–2024). Revenue has grown at a compound annual rate of 19.5%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $159K |
| Total Expenses | $225K |
| Surplus / Deficit | $-66,180 |
| Total Assets | $2.3M |
| Total Liabilities | $2K |
| Net Assets | $2.3M |
| Operating Margin | -41.6% |
| Debt-to-Asset Ratio | 0.1% |
| Months of Reserves | 123.8 months |
Financial Health Grade: B
In 2024, Elkhorn Valley Historical Society Of Norfolk reported a deficit of $66K with expenses exceeding revenue, holds 123.8 months of operating reserves (strong position), has a debt-to-asset ratio of 0.1% (very low leverage).
Financial Trends
Over 13 years of filings (2012–2024), Elkhorn Valley Historical Society Of Norfolk's revenue has grown at a compound annual growth rate (CAGR) of 19.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | +73.7% | +37.8% | +2.2% |
| 2023 | +10.7% | -17.4% | +0.6% |
| 2022 | -63.4% | -43.8% | -10.2% |
| 2021 | +51.8% | +28.9% | +23.6% |
| 2020 | +8.7% | +36.5% | -7.8% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 1986 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Elkhorn Valley Historical Society Of Norfolk has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Elkhorn Valley Historical Society Of Norfolk with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $66K, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.1%.
Frequently Asked Questions about Elkhorn Valley Historical Society Of Norfolk
Is Elkhorn Valley Historical Society Of Norfolk a legitimate charity?
Elkhorn Valley Historical Society Of Norfolk (EIN: 363377579) is a registered tax-exempt nonprofit based in Nebraska. It has 13 years of IRS 990 filings on record. Total revenue: $141K. No red flags identified. Financial health grade: B.
How does Elkhorn Valley Historical Society Of Norfolk spend its money?
Elkhorn Valley Historical Society Of Norfolk reported $141K in total revenue in IRS 990 filings. 13 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Elkhorn Valley Historical Society Of Norfolk tax-deductible?
Elkhorn Valley Historical Society Of Norfolk is registered as a tax-exempt nonprofit (EIN: 363377579). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Elkhorn Valley Historical Society Of Norfolk located?
Elkhorn Valley Historical Society Of Norfolk is headquartered in Norfolk, Nebraska and files with the IRS under EIN 363377579.
How many years of IRS 990 filings does Elkhorn Valley Historical Society Of Norfolk have?
Elkhorn Valley Historical Society Of Norfolk has 13 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $141K in total revenue.
Filing History
IRS 990 filing history for Elkhorn Valley Historical Society Of Norfolk showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2012–2024), Elkhorn Valley Historical Society Of Norfolk's revenue has grown by 749.8%, moving from $19K to $159K. Total assets increased by 11.1% over the same period, from $2.1M to $2.3M. Total functional expenses rose by 82%, from $124K to $225K. In its most recent filing year (2024), Elkhorn Valley Historical Society Of Norfolk reported a deficit of $66K, with expenses exceeding revenue. The organization holds $2K in liabilities against $2.3M in assets (debt-to-asset ratio: 0.1%), resulting in net assets of $2.3M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $159K | $225K | $2.3M | $2K | — | — |
| 2023 | $92K | $164K | $2.3M | $1K | — | View 990 |
| 2022 | $83K | $198K | $2.3M | $2K | — | View 990 |
| 2021 | $226K | $353K | $2.5M | $2K | — | View 990 |
| 2020 | $149K | $273K | $2.0M | $17K | — | View 990 |
| 2019 | $137K | $200K | $2.2M | $3K | — | View 990 |
| 2018 | $333K | $225K | $2.3M | $2K | — | View 990 |
| 2017 | $273K | $232K | $2.2M | $4K | — | View 990 |
| 2016 | $79K | $198K | $2.1M | $6K | — | View 990 |
| 2015 | $121K | $173K | $2.2M | $6K | — | View 990 |
| 2014 | $249K | $140K | $2.4M | $76K | — | View 990 |
| 2013 | $238K | $143K | $2.2M | $2K | — | View 990 |
| 2012 | $19K | $124K | $2.1M | $1K | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $159K, expenses of $225K, and assets of $2.3M (revenue +73.7% year-over-year).
- 2023: Revenue of $92K, expenses of $164K, and assets of $2.3M (revenue +10.7% year-over-year).
- 2022: Revenue of $83K, expenses of $198K, and assets of $2.3M (revenue -63.4% year-over-year).
- 2021: Revenue of $226K, expenses of $353K, and assets of $2.5M (revenue +51.8% year-over-year).
- 2020: Revenue of $149K, expenses of $273K, and assets of $2.0M (revenue +8.7% year-over-year).
- 2019: Revenue of $137K, expenses of $200K, and assets of $2.2M (revenue -58.8% year-over-year).
- 2018: Revenue of $333K, expenses of $225K, and assets of $2.3M (revenue +22.1% year-over-year).
- 2017: Revenue of $273K, expenses of $232K, and assets of $2.2M (revenue +245.4% year-over-year).
- 2016: Revenue of $79K, expenses of $198K, and assets of $2.1M (revenue -34.6% year-over-year).
- 2015: Revenue of $121K, expenses of $173K, and assets of $2.2M (revenue -51.4% year-over-year).
- 2014: Revenue of $249K, expenses of $140K, and assets of $2.4M (revenue +4.5% year-over-year).
- 2013: Revenue of $238K, expenses of $143K, and assets of $2.2M (revenue +1170.7% year-over-year).
- 2012: Revenue of $19K, expenses of $124K, and assets of $2.1M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Elkhorn Valley Historical Society Of Norfolk:
Data Sources and Methodology
This transparency report for Elkhorn Valley Historical Society Of Norfolk is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.