Historical Society of Cecil County Inc

Overview

Mission

Since our inception in 1932, the mission of the historical society of cecil county, Maryland has been to collect, preserve and interpret artifacts relevant to our county, we operate as a non-profit entity and reply on volunteers to fulfill our objectives

What it reported doing in 2024

In 1992 sheriff john f dewitt military museum was added to the society's exhibit and provides a history of Maryland participation in military operations from civil war to present.

Operating model

Revenue model
Donor-supported. 66% of the money available for current operations came from contributions.
Distribution model
Direct operator. The nonprofit carried out 100% of its reported program work directly.

Nonprofit profile at a glance

EIN
237075378
IRS 990 coverage
2022–2024
Forms available
Form 990 2024, Form 990-EZ 2021
Headquarters
Elkton, MD, USA
Rating
73
Verdict
SUPPORTED
Rating confidence
Moderate

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The verdict

SUPPORTED - The filed numbers largely add up and most voting board members are independent. A relatively small share of available resources goes toward mission work and the filing reports that some governance safeguards are missing.

Rating breakdown

  • Financial Efficiency: 52
  • Transparency & Controls: 100
  • Accountability: 70
  • Sustainability: 71
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 42.6%; rating input score 43
  • Program expense ratio: 65.9%; rating input score 66
  • Fundraising efficiency: Limited

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 63rd 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
  • Public monitoring controls: Limited
  • Public policy transparency: Limited
  • Public financial transparency: Limited
  • Impact reporting controls: Limited
  • Public relationship transparency: Limited

Accountability

  • Independent voting board: 100%; rating input score 100; 64th percentile among comparable filings
  • Governance controls: 2 of 7 controls in place; rating input score 29
  • Public governance controls: Limited
  • Zakat policy transparency: Limited

Sustainability

  • Operating margin: 33.1%; rating input score 80; 80th percentile among comparable filings
  • Operating reserve ratio: 19.29; rating input score 78; 78th percentile among comparable filings
  • Liabilities to assets ratio: 0.01; rating input score 26; 26th percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 60; 60th percentile among comparable filings

Growth

  • Program expense growth: 20.4% per year; rating input score 100; 85th percentile among comparable filings
  • Revenue growth: 16.6% per year; rating input score 100; 92nd percentile among comparable filings
  • Asset growth: 17.2% per year; rating input score 100; 89th percentile among comparable filings

Details

  • Where the money goes: 42.6% of revenue deployed · 65.9% of spending went to programs
  • Governance: 13 of 13 board members independent · 2 of 7 filing controls reported
  • Programs: 3 filed program accomplishments · $19K in reported program spending
  • Leadership: top reported pay $0 · 13 people listed
  • Consistency: 18 of 18 current checks pass
  • Schedules: 4 filed schedules · includes major donors
  • Filing history: 3 annual filings from 2022 to 2024
  • Money network: Resolved incoming and outgoing counterparties from filed money flows.
  • Related organizations: Filed and resolved organization relationships.