Antique Auto Club of Michiana Inc
Nonprofit profile at a glance
- EIN
- 872680780
- IRS 990-EZ coverage
- 2021–2022
- Forms available
- Form 990-EZ 2022
- Location
- Laporte, IN, USA
- Phone
- 2192295882
- Rating
- 58
- Verdict
- MIXED
- Rating confidence
- Moderate
- Sector
- Amateur Sports
Reported finances
- Revenue
- $9,435
- Expenses
- $13,830
- Assets
- $0
Source: IRS Form 990-EZ. Selected filing: tax year 2022. Amounts in USD.
Leadership & pay
7 people listed
Executive titles in this filing
- JERRY HOBACK (PRESIDENT)
People named in this filing
- JERRY HOBACK (PRESIDENT)
- BOB VERBIK (VICE PRESIDE)
- JOHN CAMPBELL (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 2022. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
The corporation is organized exclusively for charitable, educational, and scientific purposes. Included in such purposes is to encourage the acquisition, preservation, restoration, exhibition, use and dissemination of historical and scientific information about antique, classic, milestone, and special interest automobiles, and the preservation of all items pertaining to them, including literature, technical, and historical information.
What it reported doing in 2022
Program service accomplishments: attending local festivals to encourage the acquisition, preservation, restoration, exhibition, use, and dissemination of historical and scientific information about classic, milestone, and special interest automobiles, and the preservation of all items pertaining to them, including literature, technical, and historical information.
Operating model
- Revenue model
- Earned-program. 97% of the money available for current operations came from fees and other program revenue.
- Distribution model
- Transfer-based 990-EZ. The 990-EZ reports grants or member benefits, but it does not separate enough spending to show the nonprofit’s full delivery mix.
The verdict
MIXED - The filed numbers largely add up. Expenses are high relative to revenue and assets have declined or grown slowly.
Rating breakdown
- Financial Efficiency: 45
- Transparency & Controls: 82
- Sustainability: 14
- Growth: 40
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 72.4%; rating input score 72
- Program expense ratio: Limited
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: -46.6%; rating input score 15; 15th percentile among comparable filings
- Total-asset coverage ratio: 0; rating input score 2; 2nd 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: Limited
- Revenue growth: 21.8% per year; rating input score 100; 89th percentile among comparable filings
- Asset growth: -200% per year; rating input score 0; 0th percentile among comparable filings
Details
- Where the money goes: 72.4% of revenue deployed
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment
- Leadership: top reported pay $0 · 7 people listed
- Consistency: 4 of 4 current checks pass
- Schedules: 2 filed schedules
- Filing history: 2 filing years from 2021 to 2022
- 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: Asset growth scored 0/100.
- High — Sustainability: Total-asset coverage ratio scored 2/100.
- Review — Sustainability: Officer compensation ratio scored 56/100.