Ixl Historical Museum

Nonprofit profile at a glance

EIN
382477420
IRS 990-EZ coverage
2021–2024
Forms available
Form 990 2020, Form 990-EZ 2024
Location
Hermansville, MI, USA
Phone
9064982181
Rating
84
Verdict
STRONG
Rating confidence
Moderate

Reported finances

Revenue
$14,243
Expenses
$10,806
Assets
$198,406

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

Leadership & pay

9 people listed

Executive titles in this filing

  • MARY POPP (PRESIDENT)

People named in this filing

  • BARB PETERS (VICE PRESIDE)
  • PAUL LARSON (DIRECTOR)
  • JANET DUCAT (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 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Educate public on history of hermsville & the flooring manufacturing

What it reported doing in 2024

Museum tours provide awareness & education in the history of the area and on the manufacturng of hardwood flooring to local residents and tourists

Operating model

Revenue model
Donor-supported. 65% of the money available for current operations came from contributions and gifts.
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. Assets have declined or grown slowly and reported officer compensation is a large share of total spending, which may reflect staffing concentration.

Rating breakdown

  • Financial Efficiency: 88
  • Transparency & Controls: 82
  • Sustainability: 71
  • Growth: 80

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 81.2%; rating input score 81
  • Program expense ratio: 100%; rating input score 100

Transparency & Controls

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

Sustainability

  • Operating margin: 24.1%; rating input score 77; 77th percentile among comparable filings
  • Total-asset coverage ratio: 18.36; rating input score 95; 95th percentile among comparable filings
  • Liabilities to assets ratio: Limited
  • Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings

Growth

  • Program expense growth: 38.5% per year; rating input score 100; 90th percentile among comparable filings
  • Revenue growth: 6.2% per year; rating input score 100; 74th percentile among comparable filings
  • Asset growth: -2.8% per year; rating input score 0; 29th percentile among comparable filings

Details

  • Where the money goes: 81.2% of revenue deployed · 100% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment · $11K in reported program spending
  • Leadership: top reported pay $0 · 9 people listed
  • Consistency: 7 of 7 current checks pass
  • Schedules: 2 filed schedules
  • Filing history: 4 filing years from 2021 to 2024
  • Contacts: How to reach this organization
  • Money network: Resolved incoming and outgoing counterparties from filed money flows.
  • 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 — Growth: Asset growth scored 0/100.
  • Review — Sustainability: Officer compensation ratio scored 56/100.