Historic Manassas Inc
Nonprofit profile at a glance
- EIN
- 541347862
- IRS 990 coverage
- 2015–2024
- Forms available
- Form 990 2024
- Location
- Manassas, VA, USA
- Phone
- 7033616599
- Rating
- 86
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Historical Societies & Historic Preservation
Reported finances
- Revenue
- $663,420
- Expenses
- $676,241
- Assets
- $82,743
- Liabilities
- $18,117
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
14 people listed
Executive titles in this filing
- Mark Olsen (President)
- Samantha Schrum (Vice President)
- Kristen Kiefer (Former-Executive Director)
- Lisa Harlow (Current-Executive Director)
Highest reported compensation
- Kristen Kiefer (Former-Executive Director): $121,000 total reported compensation
- Lisa Harlow (Current-Executive Director): $46,193 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Historic Manassas, Inc. engages the community to promote, preserve and enhance our vibrant Historic Downtown.
What it reported doing in 2024
Historic Manassas Railway Festival-See Attached Statement
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. Expenses are high relative to revenue and total assets are small relative to annual expenses; liquid coverage is unknown.
Rating breakdown
- Financial Efficiency: 84
- Transparency & Controls: 92
- Accountability: 100
- Sustainability: 21
- Growth: 80
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 94.9%; rating input score 95
- Program expense ratio: 93.1%; rating input score 93
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
- Pay-setting controls: Limited
- Foreign activity oversight: Limited
- Grant itemization coverage: Limited
- Major donor itemization: Yes; rating input score 100
- Related-party transparency: Limited
Accountability
- Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
- Governance controls: 8 of 8 controls in place; rating input score 100
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Pass
- CEO compensation review process: Pass
- Other executive compensation review process: NotApplicable
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Pass
- Independent financial-statement audit: Pass
Sustainability
- Operating margin: -1.9%; rating input score 30; 30th percentile among comparable filings
- Total-asset coverage ratio: 0.12; rating input score 6; 6th percentile among comparable filings
- Liabilities to assets ratio: 0.22; rating input score 30; 30th percentile among comparable filings
- Officer compensation ratio: 24.7%; rating input score 10; 10th percentile among comparable filings
Growth
- Program expense growth: 1.1% per year; rating input score 100; 22nd percentile among comparable filings
- Revenue growth: 0.7% per year; rating input score 100; 18th percentile among comparable filings
- Asset growth: -3.9% per year; rating input score 0; 8th percentile among comparable filings
Details
- Where the money goes: 94.9% of revenue deployed · 93.1% of spending went to programs
- Governance: 12 of 12 board members independent · 8 of 8 filing controls reported
- Programs: 4 filed program accomplishments · $630K in reported program spending
- Leadership: top reported pay $121K · 14 people listed
- Consistency: 29 of 29 current checks pass
- Schedules: 4 filed schedules · includes major donors
- Filing history: 10 filing years from 2015 to 2024
- 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.
- Moderate — Sustainability: Operating margin scored 30/100.
- High — Sustainability: Total-asset coverage ratio scored 6/100.
- High — Growth: Asset growth scored 0/100.
- High — Sustainability: Officer compensation ratio scored 10/100.
- Moderate — Sustainability: Liabilities to assets ratio scored 30/100.