Granite Falls Historical Society
Nonprofit profile at a glance
- EIN
- 911500032
- IRS 990 coverage
- 2020–2025
- Forms available
- Form 990 2025
- Location
- Granite Falls, WA, USA
- Phone
- 3606912603
- Rating
- 78
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- History Museums
Reported finances
- Revenue
- $27,681
- Expenses
- $28,822
- Assets
- $1,518,949
- Liabilities
- $0
Source: IRS Form 990. Selected filing: tax year 2025. Amounts in USD.
Leadership & pay
9 people listed
Executive titles in this filing
- Ron Chew (Board Vice-President)
- Bob Ingraham (Board President)
People named in this filing
- Regina Jones (Board member)
- Marcia Day (Board member)
- Tom Thorleifson (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. Selected filing: tax year 2025. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
The Society's mission is to collect, preserve and share the history of the Granite Falls region. We locate, identify, and collect appropriate material, protect and interpret that material, and finally make it available to the greatest possible extent. That includes museum operation, County-wide heritage community involvement, and live and online educational access to our collections.
What it reported doing in 2025
HERITAGE COMMUNITY INVOLVEMENT - Our second largest expense is typically our involvement in the county's heritage community, particularly in providing online resources useful for research and/or historic tourism. Online hosting expenses continued throughout 2023, including those for online maps, rural historic cyber-tours, and countywide online museum tours. Some of these expenses are reimbursable by a historic fund and are shown as grants. Timing of reimbursements cause yearly variations. In 2023, we updated and expanded the county-wide online museums tour (and were reimbursed $1,404) We digitized historic County newspapers (and were reimbursed $19,500). We provided historical orientation presentations for several antique automobile touring clubs. We also provided technical instruction to several county genealogical societies who were struggling to improve their organizational technology skills, specifically aimed at helping them in the use of new digital scanning equipment.
Operating model
- Revenue model
- Investment-supported. 66% of the money available for current operations came from recurring investment income.
- 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
SUPPORTED - A large share of available resources goes toward mission work and the filed numbers largely add up. Some filing-based governance responses are negative or unanswered and program spending has declined or grown slowly.
Rating breakdown
- Financial Efficiency: 86
- Transparency & Controls: 82
- Accountability: 76
- Sustainability: 64
- Growth: 20
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 99%; rating input score 99
- Program expense ratio: 91.6%; rating input score 92
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 90.9%; rating input score 91; 19th percentile among comparable filings
- Pay-setting controls: Limited
- Foreign activity oversight: Limited
- Grant itemization coverage: Limited
- Major donor itemization: Limited
- Related-party transparency: Limited
Accountability
- Independent voting board: 100%; rating input score 100; 64th percentile among comparable filings
- Governance controls: 3 of 7 controls in place; rating input score 43
- Conflict-of-interest policy: Pass
- Whistleblower policy: Fail
- Document-retention policy: Fail
- CEO compensation review process: NotApplicable
- Other executive compensation review process: NotApplicable
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Missing
- Independent financial-statement audit: Fail
Sustainability
- Operating margin: -4.1%; rating input score 46; 46th percentile among comparable filings
- Total-asset coverage ratio: 52.7; rating input score 93; 93rd 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 58; 58th percentile among comparable filings
Growth
- Program expense growth: -18.7% per year; rating input score 0; 18th percentile among comparable filings
- Revenue growth: -13.2% per year; rating input score 0; 26th percentile among comparable filings
- Asset growth: 22.9% per year; rating input score 100; 91st percentile among comparable filings
Details
- Where the money goes: 99% of revenue deployed · 91.6% of spending went to programs
- Governance: 9 of 9 board members independent · 3 of 7 filing controls reported
- Programs: 4 filed program accomplishments · $26K in reported program spending
- Leadership: top reported pay $0 · 9 people listed
- Consistency: 14 of 15 current checks pass · 1 finding to review
- Schedules: 3 filed schedules
- Filing history: 6 filing years from 2020 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.
- Moderate — Accountability: Governance controls: 3 of 6 not reported.
- High — Growth: Program expense growth scored 0/100.
- High — Growth: Revenue growth scored 0/100.
- Moderate — Transparency & Controls: Schedule A contributions reconciliation did not reconcile in the filed values.
- Moderate — Sustainability: Operating margin scored 46/100.
- Review — Sustainability: Officer compensation ratio scored 58/100.