Slaton Railroad Heritage Association Inc

Nonprofit profile at a glance

EIN
752439515
IRS 990 coverage
2013–2025
Forms available
Form 990 2025
Location
Slaton, TX, USA
Phone
8068285900
Rating
81
Verdict
STRONG
Rating confidence
Moderate
Sector
Commemorative Events

Official website

Reported finances

Revenue
$69,827
Expenses
$792,551
Assets
$67,493
Liabilities
$2,463

Source: IRS Form 990. Selected filing: tax year 2025. Amounts in USD.

Leadership & pay

25 people listed

Executive titles in this filing

  • PETER LAVERTY (PRESIDENT)
  • BARRY WICKER (VICE PRESIDENT)
  • CYNTHIA JONES (EXECUTIVE DIRECTOR)

Highest reported compensation

  • CYNTHIA JONES (EXECUTIVE DIRECTOR): $25,476 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2025. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

To preserve the historic slaton harvey house in slaton, tx.

What it reported doing in 2025

Maintain and preserve the slaton harvey house in slaton, tx through capital improvements, general maintenance and upkeep. During 2025, hundreds of visitors came to view, tour, and stay in the historic building which was originally constructed in 1912. Also during 2025 an agreement was signed between the association and the Texas historical commission to allow the commision to run the museum, maintain the property and manage day to day operations of the facility.

Operating model

Revenue model
Mixed. Its operating money came from several sources; no one source provided a clear majority.
Distribution model
Grant intermediary. The nonprofit sent 92% of its reported program spending out as grants.

The verdict

STRONG - 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: 89
  • Transparency & Controls: 94
  • Accountability: 63
  • Sustainability: 9
  • Growth: 80

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 100%; rating input score 100
  • Program expense ratio: 99.6%; rating input score 100
  • 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: 100%; rating input score 100; 81st percentile among comparable filings
  • Major donor itemization: Yes; rating input score 100
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 100%; rating input score 100; 64th percentile among comparable filings
  • Governance controls: 1 of 8 controls in place; rating input score 12
    • Conflict-of-interest policy: Fail
    • Whistleblower policy: Fail
    • Document-retention policy: Fail
    • CEO compensation review process: Fail
    • Other executive compensation review process: NotApplicable
    • Form 990 shared with the board: Fail
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Fail
    • Independent financial-statement audit: Fail

Sustainability

  • Operating margin: -1,035%; rating input score 4; 4th percentile among comparable filings
  • Total-asset coverage ratio: 0.09; rating input score 10; 10th percentile among comparable filings
  • Liabilities to assets ratio: 0.04; rating input score 18; 18th percentile among comparable filings
  • Officer compensation ratio: 3.2%; rating input score 15; 15th percentile among comparable filings

Growth

  • Program expense growth: 22.8% per year; rating input score 100; 85th percentile among comparable filings
  • Revenue growth: 7.8% per year; rating input score 100; 82nd percentile among comparable filings
  • Asset growth: -4.8% per year; rating input score 0; 20th percentile among comparable filings

Details

  • Where the money goes: 100% of revenue deployed · 99.6% of spending went to programs
  • Governance: 23 of 23 board members independent · 1 of 8 filing controls reported
  • Programs: 1 filed program accomplishment · $789K in reported program spending
  • Leadership: top reported pay $25K · 25 people listed
  • Consistency: 22 of 22 current checks pass
  • Schedules: 5 filed schedules · includes major donors and grants
  • Filing history: 13 filing years from 2013 to 2025
  • Contacts: How to reach this organization
  • Money network: 2 filed money-flow records
  • Related organizations: 1 filed related-organization link
  • 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: 7 of 8 not reported.
  • High — Sustainability: Operating margin scored 4/100.
  • High — Sustainability: Total-asset coverage ratio scored 10/100.
  • High — Growth: Asset growth scored 0/100.
  • High — Sustainability: Officer compensation ratio scored 15/100.
  • High — Sustainability: Liabilities to assets ratio scored 18/100.