Scott-carver Old Threshers Assoc
Nonprofit profile at a glance
- EIN
- 410919064
- IRS 990 coverage
- 2018–2024
- Forms available
- Form 990 2024
- Location
- Jordan, MN, USA
- Phone
- 9526871396
- Rating
- 79
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Historical Societies, Related Historical Activities
Reported finances
- Revenue
- $68,405
- Expenses
- $70,472
- Assets
- $563,054
- Liabilities
- $0
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
9 people listed
Executive titles in this filing
- DANIEL WYMAN (PRESIDENT)
People named in this filing
- GARY BOETTCHER (DIRECTOR)
- AUSTIN GODFREY (DIRECTOR)
- ROBERT HAUGEN (DIRECTOR)
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
We present a steam and gas festival the first weekend in august. During this time we demonstrate farming techniques from the turn of the century. About 5,000 people attend and learn about the farming and industrial history of our country.
What it reported doing in 2024
This statement of program revenue and expenses is the profit and loss associated with our annual fall festival. We hold a fall festival featuring displays of antique farming and manufacturing techniques from the turn of the century. The festival is three days long, we charge admission at the gate, and our program revenue comes primarily from the admission and food that we sell at the festival. There are no grants being paid to other organizations by the scott carver old threshers. All of the revenue stated on the tax return with the exception of interest, membership fees, and donations, is a result of the festival.
Operating model
- Revenue model
- Earned-program. 72% of the money available for current operations came from fees and other program revenue.
- 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 - A large share of available resources goes toward mission work and the filed numbers largely add up. Some filing-based governance responses are negative or unanswered and expenses are high relative to revenue.
Rating breakdown
- Financial Efficiency: 79
- Transparency & Controls: 90
- Accountability: 64
- Sustainability: 56
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 90.3%; rating input score 90
- Program expense ratio: 87.4%; rating input score 87
- 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: 1 of 7 controls in place; rating input score 14
- 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: Pass
- Audit committee oversight: Missing
- Independent financial-statement audit: Fail
Sustainability
- Operating margin: -3%; rating input score 51; 51st percentile among comparable filings
- Total-asset coverage ratio: 7.99; rating input score 58; 58th percentile among comparable filings
- Liabilities to assets ratio: 0; rating input score 69; 69th percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 60; 60th percentile among comparable filings
Growth
- Program expense growth: 11.4% per year; rating input score 100; 77th percentile among comparable filings
- Revenue growth: 13.9% per year; rating input score 100; 91st percentile among comparable filings
- Asset growth: 1.6% per year; rating input score 100; 49th percentile among comparable filings
Details
- Where the money goes: 90.3% of revenue deployed · 87.4% of spending went to programs
- Governance: 9 of 9 board members independent · 1 of 7 filing controls reported
- Programs: 2 filed program accomplishments · $62K in reported program spending
- Leadership: top reported pay $0 · 9 people listed
- Consistency: 19 of 19 current checks pass
- Schedules: 3 filed schedules
- Filing history: 5 filing years from 2018 to 2024
- Contacts: How to reach this organization
- Money network: Resolved incoming and outgoing counterparties from filed money flows.
- 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.
- High — Accountability: Governance controls: 5 of 6 not reported.
- Review — Sustainability: Operating margin scored 51/100.
- Review — Sustainability: Total-asset coverage ratio scored 58/100.