Braidwood Area Historical Society

Nonprofit profile at a glance

EIN
611522908
IRS 990-EZ coverage
2021–2025
Forms available
Form 990-EZ 2025
Location
Braidwood, IL, USA
Rating
44
Verdict
MIXED
Rating confidence
Moderate
Sector
Educational Services and Schools - Other

Reported finances

Revenue
$17,156
Expenses
$7,239
Assets
$45,780
Liabilities
$0

Source: IRS Form 990-EZ. Selected filing: tax year 2025. Amounts in USD.

Leadership & pay

5 people listed

Executive titles in this filing

  • George J Kocek (President)
  • Edward Bunting (Vice President)

People named in this filing

  • George J Kocek (President)
  • Edward Bunting (Vice President)
  • Elena M Hibler (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 2025. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Preserve history and protect artifacts.

What it reported doing in 2025

On Veterans Day the Historical Society hosts a grand celebration for the entire city. The Braidwood American Legion Post 39 Honor Guard is present along with the students of the Middle School and the High School bands. The High School Madrigal Choir performs. A luncheon is served in our building after the ceremony. Also in February our Presidents Day display is erected for view throughout the building.

Operating model

Revenue model
Other-operating. 89% of the money available for current operations came from other operating revenue.
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

MIXED - The filed numbers largely add up and revenue comfortably covers expenses. A relatively small share of available resources goes toward mission work and a relatively small share of total spending goes to programs.

Rating breakdown

  • Financial Efficiency: 9
  • Transparency & Controls: 82
  • Sustainability: 83
  • Growth: 60

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 7.8%; rating input score 8
  • Program expense ratio: 11.1%; rating input score 11

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
  • Major donor itemization: Limited

Sustainability

  • Operating margin: 57.8%; rating input score 92; 92nd percentile among comparable filings
  • Total-asset coverage ratio: 6.32; rating input score 87; 87th percentile among comparable filings
  • Liabilities to assets ratio: 0; rating input score 66; 66th percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings

Growth

  • Program expense growth: -9.7% per year; rating input score 0; 29th percentile among comparable filings
  • Revenue growth: 8.5% per year; rating input score 100; 78th percentile among comparable filings
  • Asset growth: 8.2% per year; rating input score 100; 66th percentile among comparable filings

Details

  • Where the money goes: 7.8% of revenue deployed · 11.1% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 4 filed program accomplishments · $800 in reported program spending
  • Leadership: top reported pay $0 · 5 people listed
  • Consistency: 9 of 9 current checks pass
  • Schedules: 2 filed schedules
  • Filing history: 5 filing years from 2021 to 2025
  • 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 — Financial Efficiency: Mission deployment rate scored 8/100.
  • High — Financial Efficiency: Program expense ratio scored 11/100.
  • High — Growth: Program expense growth scored 0/100.
  • Review — Sustainability: Officer compensation ratio scored 56/100.