Panhandle Antique Tractor and Engine Club Inc

Nonprofit profile at a glance

EIN
824192494
IRS 990 coverage
2018–2024
Forms available
Form 990 2024, Form 990-EZ 2022
Location
Sandpoint, ID, USA
Phone
2086912042
Rating
58
Verdict
MIXED
Rating confidence
Moderate
Sector
Agricultural Programs

Reported finances

Revenue
$25,718
Expenses
$13,326
Assets
$706,623
Liabilities
$14,707

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

Leadership & pay

8 people listed

Executive titles in this filing

  • LEE BURNETT (President)
  • JIM THOMPSON (Vice President)

People named in this filing

  • LEE BURNETT (President)
  • DAN ELLIOTT (VICE CHAIR)
  • LISA FONTAINE (Secretary)

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 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

The organization is organized exclusively for charitable and education purposes, including, for such purposes, the making of distributions to organizations that qualify as exempt organizations under section 501(c)(3) of the internal code, or the corresponding section of any future federal tax code and in accordance with Idaho code, title 30, chapters 21 & 30 as a nonprofit corporation.the purpose of the organization is the restoration and exhibition of agricultural, logging, mining, and railroad equipment of by-gone years as well as share their expertise and time for assistance with community events. To educate, encourage and assist young people to participate in preserving the rich heritage of antique equipment.

What it reported doing in 2024

The purpose of the organization is the restoration and exhibition of agricultural, logging, mining, and railroad equipment of by-gone years as well as share their expertise and time for assistance with community events. To educate, encourage and assist young people to participate in preserving the rich heritage of antique equipment.

Operating model

Revenue model
Investment-supported. 94% 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

MIXED - The filed numbers largely add up and revenue comfortably covers expenses. A relatively small share of available resources goes toward mission work and some filing-based governance responses are negative or unanswered.

Rating breakdown

  • Financial Efficiency: 30
  • Transparency & Controls: 90
  • Accountability: 58
  • Sustainability: 78
  • Growth: 60

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 26.2%; rating input score 26
  • Program expense ratio: 46.5%; rating input score 47
  • 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: Limited
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 100%; rating input score 100; 64th percentile among comparable filings
  • Governance controls: 0 of 7 controls in place; rating input score 0
    • Conflict-of-interest policy: Fail
    • Whistleblower policy: Fail
    • Document-retention policy: Fail
    • CEO compensation review process: NotApplicable
    • Other executive compensation review process: NotApplicable
    • Form 990 shared with the board: Fail
    • Board meeting minutes documented: Fail
    • Audit committee oversight: Missing
    • Independent financial-statement audit: Fail

Sustainability

  • Operating margin: 48.2%; rating input score 87; 87th percentile among comparable filings
  • Total-asset coverage ratio: 53.03; rating input score 92; 92nd percentile among comparable filings
  • Liabilities to assets ratio: 0.02; rating input score 25; 25th percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 60; 60th percentile among comparable filings

Growth

  • Program expense growth: 19.7% per year; rating input score 100; 84th percentile among comparable filings
  • Revenue growth: -11.1% per year; rating input score 0; 30th percentile among comparable filings
  • Asset growth: 15% per year; rating input score 100; 87th percentile among comparable filings

Details

  • Where the money goes: 26.2% of revenue deployed · 46.5% of spending went to programs
  • Governance: 8 of 8 board members independent · 0 of 7 filing controls reported
  • Programs: 1 filed program accomplishment · $6K in reported program spending
  • Leadership: top reported pay $0 · 8 people listed
  • Consistency: 16 of 17 current checks pass · 1 finding to review
  • Schedules: 3 filed schedules
  • Filing history: 3 filing years from 2018 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.

  • High — Financial Efficiency: Mission deployment rate scored 26/100.
  • High — Accountability: Governance controls: 6 of 6 not reported.
  • Moderate — Financial Efficiency: Program expense ratio scored 47/100.
  • High — Growth: Revenue growth scored 0/100.
  • Moderate — Transparency & Controls: Schedule A contributions reconciliation did not reconcile in the filed values.
  • High — Sustainability: Liabilities to assets ratio scored 25/100.