Historic Langhorne Association Inc

Nonprofit profile at a glance

EIN
237442066
IRS 990-EZ coverage
2011–2024
Forms available
Form 990-EZ 2024
Location
Langhorne, PA, USA
Phone
2157571888
Rating
90
Verdict
STRONG
Rating confidence
Moderate

Official website

Reported finances

Revenue
$45,870
Expenses
$30,337
Assets
$263,738
Liabilities
$0

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

Leadership & pay

12 people listed

Executive titles in this filing

  • James Maier (President, Director)
  • Larry Langhans (Vice President, Director)

People named in this filing

  • James Maier (President, Director)
  • Larry Langhans (Vice President, Director)
  • John Fulton (Treasurer, Director)

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

Preservation of local history for Langhorne Borough and surrounding communities.

What it reported doing in 2024

The Museum and library are open to the general public at no charge on Wednesday and Saturday mornings and Wednesday evenings, and by appointment. Regular member meetings (also open to the public at no charge) with speakers on local history topics are held on the 4th Monday of March, April, September and October. Presentations on local history are made to local organizations. The organization publishes a newsletter three times a year and maintains a website. Organization volunteers maintain the museum collection, assist visitors to the building, and respond to questions and requests for information received by mail, telephone and email. Board meetings are conducted monthly. During October, the organization offers its annual Ghost Tours of Langhorne. This is a significant fundraising event consisting of evening walking tours with a combination of local history information and ghost stories associated with the historic Langhorne homes. Other fundraising events include a Spring Tea with a speaker and an annual Strawberry festival. The organization participates in the local Garden Club's Holiday House Tour in November and hosts an afternoon with Santa in December. The museum is also open during other local events including a Harvest Day in October and a Car Show in July both sponsored by the local Business Association.

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. Reported officer compensation is a large share of total spending, which may reflect staffing concentration.

Rating breakdown

  • Financial Efficiency: 82
  • Transparency & Controls: 100
  • Sustainability: 81
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 81.1%; rating input score 81
  • Program expense ratio: 85%; rating input score 85

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
  • Major donor itemization: Yes; rating input score 100

Sustainability

  • Operating margin: 33.9%; rating input score 84; 84th percentile among comparable filings
  • Total-asset coverage ratio: 8.69; rating input score 91; 91st percentile among comparable filings
  • Liabilities to assets ratio: 0; rating input score 68; 68th percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings

Growth

  • Program expense growth: 1% per year; rating input score 100; 51st percentile among comparable filings
  • Revenue growth: 2.6% per year; rating input score 100; 63rd percentile among comparable filings
  • Asset growth: 3.9% per year; rating input score 100; 54th percentile among comparable filings

Details

  • Where the money goes: 81.1% of revenue deployed · 85% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 3 filed program accomplishments · $26K in reported program spending
  • Leadership: top reported pay $0 · 12 people listed
  • Consistency: 9 of 9 current checks pass
  • Schedules: 3 filed schedules
  • Filing history: 13 filing years from 2011 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.

  • Review — Sustainability: Officer compensation ratio scored 56/100.