Pmml North Inc

What it reported doing in 2024

In 2024, the library and the collections departments completed the move to the new facility in somers Wisconsin during the first quarter of the year.in december 2024, the library collection totaled 74,846. The remaining bankers' boxes of books moved to somers, wi from chicago. They have been put on the shelves and the full library services have resumed which include interlibrary loan service, providing onsite research appointments in the reading room to members, checking out books to members onsite, and the creation of rare book displays in the public exhibit space. After opening to the public on may 25, 2024, the library services staff continue to assist with facility tours and programs as needed. The collections staff completed the integration of the 41,486 collection items into the underground storage area. This included individually inspecting the condition of every item, moving the item into the new storage area, and updating the database to reflect the new storage location. Staff then began the process of separating art, artifacts, photographs, maps, posters, and textiles from the paper documents in archival collections. These separated items are stored and managed separately in the storage space and in our database. Staff received training on the versascan 4870 scanner and completed several small scanning projects. The staff also installed three (3) exhibits, including drawn to combat: bill mauldin & the art of war, and exhibit of wwi and wwii propaganda posters, and the citizen soldier exhibit, featuring archival material and artifacts from pmml archival collections.the pmac building was finished and operations were turned over from construction in 2022. In 2024 the organization completed setup on operations at the pmac. The revenue that was allocated for 2024 included the renewal energy credit rebate, the lease of the land & building for mission 94, the lease of the farm land and lease of rovella house.

Financial Efficiency

• Mission deployment rate: 26.3%; rating input score 26
• Program expense ratio: 15.1%; rating input score 15
• Fundraising efficiency: Limited

Transparency & Controls

• Consistency checks: 100%; rating input score 100; 62nd percentile among comparable filings
• Pay-setting controls: 0 of 6 controls in place; rating input score 0
  • Compensation committee: Missing
  • Independent consultant: Missing
  • Other Form 990s reviewed: Missing
  • Written employment contract: Missing
  • Compensation survey or study: Missing
  • Board or committee approval: Missing
• Foreign activity oversight: Limited
• Grant itemization coverage: Limited
• Major donor itemization: Limited
• Related-party transparency: Limited

Accountability

• Independent voting board: 94.1%; rating input score 94; 27th percentile among comparable filings
• Governance controls: 7 of 9 controls in place; rating input score 78
  • Conflict-of-interest policy: Pass
  • Whistleblower policy: Pass
  • Document-retention policy: Pass
  • CEO compensation review process: Fail
  • Other executive compensation review process: Fail
  • Form 990 shared with the board: Pass
  • Board meeting minutes documented: Pass
  • Audit committee oversight: Pass
  • Independent financial-statement audit: Pass

Sustainability

• Operating margin: 82.1%; rating input score 98; 98th percentile among comparable filings
• Total-asset coverage ratio: 36.7; rating input score 99; 99th percentile among comparable filings
• Liabilities to assets ratio: 0; rating input score 96; 96th percentile among comparable filings
• Officer compensation ratio: 3.8%; rating input score 62; 62nd percentile among comparable filings

Growth

• Program expense growth: 80% per year; rating input score 100; 99th percentile among comparable filings
• Revenue growth: -60.4% per year; rating input score 0; 0th percentile among comparable filings
• Asset growth: 5.5% per year; rating input score 100; 39th percentile among comparable filings