Sargent County Historical Society
Nonprofit profile at a glance
- EIN
- 450371759
- IRS 990-EZ coverage
- 2014–2025
- Forms available
- Form 990-EZ 2025, Form 990-N 2024
- Location
- Forman, ND, USA
- Phone
- 7017100943
- Rating
- 67
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
Reported finances
- Revenue
- $67,912
- Expenses
- $59,475
- Assets
- $101,154
- Liabilities
- $921
Source: IRS Form 990-EZ. Selected filing: tax year 2025. Amounts in USD.
Leadership & pay
6 people listed
Executive titles in this filing
- MARVIN OLOFSON (PRESIDENT)
People named in this filing
- ALLEN WAYNE COLEMER (DIRECTOR)
- PATRICIA OLOFSON (TREASURER)
- MARVIN OLOFSON (PRESIDENT)
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 2025. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Sargent county historical society is a dynamic nonprofit organization that researches, and shares, the significant historical impact of sargent county, on our state, nation and world. We excel in engaging and interactive experiences that are relevant, accessible and meaningful to all people. We do this through the preservation and interpretation of historic objects.
Operating model
- Revenue model
- Donor-supported. 79% 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
SUPPORTED - The filed numbers largely add up and program spending has grown recently. A relatively small share of available resources goes toward mission work and assets have declined or grown slowly.
Rating breakdown
- Financial Efficiency: 56
- Transparency & Controls: 82
- Sustainability: 52
- Growth: 80
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 53.3%; rating input score 53
- Program expense ratio: 60.1%; rating input score 60
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: 12.4%; rating input score 64; 64th percentile among comparable filings
- Total-asset coverage ratio: 1.7; rating input score 61; 61st percentile among comparable filings
- Liabilities to assets ratio: 0.01; rating input score 25; 25th percentile among comparable filings
- Officer compensation ratio: 20.6%; rating input score 8; 8th percentile among comparable filings
Growth
- Program expense growth: 4.1% per year; rating input score 100; 59th percentile among comparable filings
- Revenue growth: 12.4% per year; rating input score 100; 83rd percentile among comparable filings
- Asset growth: -9.3% per year; rating input score 0; 18th percentile among comparable filings
Details
- Where the money goes: 53.3% of revenue deployed · 60.1% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment · $36K in reported program spending
- Leadership: top reported pay $0 · 6 people listed
- Consistency: 7 of 7 current checks pass
- Schedules: 2 filed schedules
- Filing history: 6 filing years from 2014 to 2025
- Contacts: How to reach this organization
- Money network: 1 filed money-flow record
- 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 — Financial Efficiency: Mission deployment rate scored 53/100.
- High — Growth: Asset growth scored 0/100.
- High — Sustainability: Officer compensation ratio scored 8/100.
- High — Sustainability: Liabilities to assets ratio scored 25/100.