12Th Armored Division Memorial Museum Foundation Inc

Nonprofit profile at a glance

EIN
311681387
IRS 990 coverage
2019–2024
Forms available
Form 990 2024
Location
Abilene, TX, USA
Phone
3256776515
Rating
87
Verdict
STRONG
Rating confidence
Moderate
Sector
History Museums

Official website

Reported finances

Revenue
$140,901
Expenses
$168,522
Assets
$267,778
Liabilities
$0

Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

14 people listed

Executive titles in this filing

  • PAUL KNUTSON (PRESIDENT)

People named in this filing

  • BILL MCCARTHY (DIRECTOR)
  • PAUL RIVETTE (DIRECTOR)
  • NINA DONATH (DIRECTOR)

Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.

Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

The primary mission of the 12th armored division memorial museum will be to serve as a display and teaching museum for the study of world war ii and its impact on the american people. The museum will accomplish its mission under the direction of the museum board of directors through exhibition and education programs using the museum's owned and borrowed historical collection as a resource. This collection is chiefly 12th armored division world war ii archives, memorabilia, and oral histories, along with selected equipment and material loaned or donated by others.

What it reported doing in 2024

Our primary purpose is to operate as a memorial to honor the men of the 12th armored division, and as a teaching and research museum, utilizing our historical collection to educate the public about wwii and its impact on society, camp barkeley, and abilene, tx. The educational plan will focus on the following five objectives:1. Expand academic access to world war ii historical materials, veterans, and their families,2. Preserve the history of the 12th armored division for study, research, and investigations by future generations, 3. Develop and maintain a teaching museum for training in public history professions,4. Create innovative new education programs for students of all ages, and5. Establish a technology bridge between the 12th armored division historical collection and the rest of the world.in addition to on premise education programs, we conduct distance learning classes to educate traditional and non-traditional students about world war ii across the country.

Operating model

Revenue model
Donor-supported. 86% of the money available for current operations came from contributions and gifts.
Distribution model
Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.

The verdict

STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Some filing-based governance responses are negative or unanswered and expenses are high relative to revenue.

Rating breakdown

  • Financial Efficiency: 99
  • Transparency & Controls: 92
  • Accountability: 70
  • Sustainability: 40
  • Growth: 80

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 100%; rating input score 100
  • Program expense ratio: 99.7%; rating input score 100
  • Fundraising efficiency: $254.93 raised per $1 spent on fundraising; rating input score 93; 93rd percentile among comparable filings

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 64th percentile among comparable filings
  • Pay-setting controls: Limited
  • Foreign activity oversight: Limited
  • Grant itemization coverage: Limited
  • Major donor itemization: Yes; rating input score 100
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
  • Governance controls: 2 of 7 controls in place; rating input score 29
    • Conflict-of-interest policy: Fail
    • Whistleblower policy: Fail
    • Document-retention policy: Fail
    • CEO compensation review process: NotApplicable
    • Other executive compensation review process: NotApplicable
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Missing
    • Independent financial-statement audit: Fail

Sustainability

  • Operating margin: -19.6%; rating input score 14; 14th percentile among comparable filings
  • Total-asset coverage ratio: 1.59; rating input score 53; 53rd percentile among comparable filings
  • Liabilities to assets ratio: 0; rating input score 80; 80th percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 69; 69th percentile among comparable filings

Growth

  • Program expense growth: 3.6% per year; rating input score 100; 47th percentile among comparable filings
  • Revenue growth: 0.9% per year; rating input score 100; 28th percentile among comparable filings
  • Asset growth: -14.6% per year; rating input score 0; 4th percentile among comparable filings

Details

  • Where the money goes: 100% of revenue deployed · 99.7% of spending went to programs
  • Governance: 14 of 14 board members independent · 2 of 7 filing controls reported
  • Programs: 1 filed program accomplishment · $168K in reported program spending
  • Leadership: top reported pay $0 · 14 people listed
  • Consistency: 20 of 20 current checks pass
  • Schedules: 4 filed schedules · includes major donors
  • Filing history: 6 filing years from 2019 to 2024
  • Contacts: How to reach this organization
  • Money network: Resolved incoming and outgoing counterparties from filed money flows.
  • Related organizations: Filed and resolved organization relationships.
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • High — Accountability: Governance controls: 4 of 6 not reported.
  • High — Sustainability: Operating margin scored 14/100.
  • High — Growth: Asset growth scored 0/100.
  • Review — Sustainability: Total-asset coverage ratio scored 53/100.