Coventry Historical Society Incorpporated

Nonprofit profile at a glance

EIN
060983256
IRS 990-EZ coverage
2024–2024
Forms available
Form 990 2023, Form 990-EZ 2024, Form 990-N 2022
Location
Coventry, CT, USA
Rating
36
Verdict
REVIEW
Rating confidence
Moderate

Reported finances

Revenue
$51,084
Expenses
$46,105
Assets
$427,621

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

Leadership & pay

12 people listed

Executive titles in this filing

  • James Murphy (President and Executive Board Member)
  • John Holmy (Vice President and Executive Board Member)

People named in this filing

  • Susan Way (Executive Board Member and Archivist)
  • James Murphy (President and Executive Board Member)
  • John Holmy (Vice President and Executive Board Member)

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

Historical Museum: To discover collect and preserve whatever pertains to the history of the Town of Coventry and the surrounding area; To promote and encourage historical research in all its aspects and to make available to the members of the society and to the public the results of this research; To hold meetings and to discuss such matters as are of interest to the members of the society and the public; And in general to carry on any and all activities appropriate for a historical society.

What it reported doing in 2024

Program luncheon lecture on 20th century American herbalist Adelma Grenier-Simmons known as The First Lady of Herbs. The luncheon serves authentic recipes published by her and discusses the recipes being served. The meal is preceded by a keynote speaker.

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

REVIEW - The filed numbers largely add up. 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: 5
  • Transparency & Controls: 75
  • Sustainability: 56
  • Growth: 20

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 4.3%; rating input score 4
  • Program expense ratio: 6.9%; rating input score 7

Transparency & Controls

  • Consistency checks: 91.7%; rating input score 92; 3rd percentile among comparable filings
  • Major donor itemization: Limited

Sustainability

  • Operating margin: 9.7%; rating input score 61; 61st percentile among comparable filings
  • Total-asset coverage ratio: 9.27; rating input score 91; 91st percentile among comparable filings
  • Liabilities to assets ratio: Limited
  • Officer compensation ratio: 19.9%; rating input score 8; 8th percentile among comparable filings

Growth

  • Program expense growth: Limited
  • Revenue growth: -107% per year; rating input score 0; 2nd percentile among comparable filings
  • Asset growth: 2.1% per year; rating input score 100; 47th percentile among comparable filings

Details

  • Where the money goes: 4.3% of revenue deployed · 6.9% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 3 filed program accomplishments · $3K in reported program spending
  • Leadership: top reported pay $0 · 12 people listed
  • Consistency: 7 of 7 current checks pass
  • Schedules: 2 filed schedules
  • Contacts: How to reach this organization
  • Money network: 2 filed money-flow records
  • 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 — Financial Efficiency: Mission deployment rate scored 4/100.
  • High — Financial Efficiency: Program expense ratio scored 7/100.
  • High — Growth: Revenue growth scored 0/100.
  • High — Sustainability: Officer compensation ratio scored 8/100.