Adams Mill Inc
Nonprofit profile at a glance
- EIN
- 271875034
- IRS 990-EZ coverage
- 2021–2024
- Forms available
- Form 990-EZ 2024, Form 990-N 2010
- Location
- Delphi, IN, USA
- Phone
- 7652024211
- Rating
- 87
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Historical Societies, Related Historical Activities
Reported finances
- Revenue
- $11,682
- Expenses
- $16,547
- Assets
- $394,838
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
6 people listed
Executive titles in this filing
- Brian Keyser (President)
- Mary Blue (Vice President)
People named in this filing
- Brian Keyser (President)
- Mary Blue (Vice President)
- Bonnie Maxwell (Secretary/Treasurer)
Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Adams mill inc is organized to preserve the historic adams mill and its surrounding grounds and structures; to restore the structures to operational status; to recruit volunteers to open the mill and the grounds to the public; to maintain the mill, structures, and grounds; to work with other organizations to coordinate programs and projects; to educate the public about the significance and history of the area; and to promote knowledge and use of the facilities throughout the region.
What it reported doing in 2024
Own and operate historic Grist Mill and environs for historic preservation, education of the public, andrecreational area with activities reflecting the Mills history
Operating model
- Revenue model
- Mixed. Its operating money came from several sources; no one source provided a clear majority.
- 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. Expenses are high relative to revenue and revenue has declined or grown slowly.
Rating breakdown
- Financial Efficiency: 100
- Transparency & Controls: 82
- Sustainability: 42
- Growth: 40
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 100%; rating input score 100
- Program expense ratio: 100%; rating input score 100
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: -41.6%; rating input score 15; 15th percentile among comparable filings
- Total-asset coverage ratio: 23.86; rating input score 96; 96th percentile among comparable filings
- Liabilities to assets ratio: Limited
- Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings
Growth
- Program expense growth: 0.4% per year; rating input score 100; 49th percentile among comparable filings
- Revenue growth: -25.4% per year; rating input score 0; 12th percentile among comparable filings
- Asset growth: -2.2% per year; rating input score 0; 31st percentile among comparable filings
Details
- Where the money goes: 100% of revenue deployed · 100% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment · $17K in reported program spending
- Leadership: top reported pay $0 · 6 people listed
- Consistency: 6 of 6 current checks pass
- Schedules: 2 filed schedules
- Filing history: 4 filing years from 2021 to 2024
- Contacts: How to reach this organization
- 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 — Sustainability: Operating margin scored 15/100.
- High — Growth: Revenue growth scored 0/100.
- High — Growth: Asset growth scored 0/100.
- Review — Sustainability: Officer compensation ratio scored 56/100.