Twin Lights Historical Society

Nonprofit profile at a glance

EIN
226104975
IRS 990-EZ coverage
2011–2024
Forms available
Form 990-EZ 2024
Location
Highlands, NJ, USA
Phone
7328721814
Rating
89
Verdict
STRONG
Rating confidence
Moderate
Sector
Historical Societies & Historic Preservation

Reported finances

Revenue
$54,757
Expenses
$52,526
Assets
$199,413
Liabilities
$902

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

Leadership & pay

12 people listed

Executive titles in this filing

  • JEFFREY TYLER (PRESIDENT)
  • BEV KUGELE (VICE PRESIDENT)

People named in this filing

  • JEFFREY TYLER (PRESIDENT)
  • BEV KUGELE (VICE PRESIDENT)
  • SUSIE BLAISDELL (TREASURER)

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

Overview

Mission

The vision of the twin lights historical society is to create one of the foremost centers in the united states for interpretation and education related to lighthouse, maritime, navigational and communications history. The mission of the society is to engage the public and foster a broader understanding of the historical role played by the twin lights in maritime navigation and wireless communications. The society will continue to elevate this national historic landmark site and define its place in scientific and popular culture through the physical and virtual expansion of the museum and its collection, education outreach and interpretive programs, and a state-of-the-art improement initiative.

What it reported doing in 2024

Support the New Jersey department of environmental protection, division of parks and forestry in the care, maintenance and operation of the building and grounds. Create the best museum by preserving, protecting and enhancing the collection, providing outstanding educational programs, and connecting with the community. Maintain the healthy financial condition of the society by proper stewardship of its assets and increasing the resources available for accomplishing this mission.

Operating model

Revenue model
Other-operating. 73% of the money available for current operations came from other operating 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

STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Expenses are high relative to revenue and assets have declined or grown slowly.

Rating breakdown

  • Financial Efficiency: 98
  • Transparency & Controls: 82
  • Sustainability: 59
  • Growth: 80

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 96.5%; rating input score 97
  • Program expense ratio: 100%; rating input score 100

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
  • Major donor itemization: Limited

Sustainability

  • Operating margin: 4.1%; rating input score 53; 53rd percentile among comparable filings
  • Total-asset coverage ratio: 3.8; rating input score 79; 79th percentile among comparable filings
  • Liabilities to assets ratio: 0; rating input score 32; 32nd percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings

Growth

  • Program expense growth: 8.2% per year; rating input score 100; 69th percentile among comparable filings
  • Revenue growth: 0.9% per year; rating input score 100; 55th percentile among comparable filings
  • Asset growth: -5.5% per year; rating input score 0; 23rd percentile among comparable filings

Details

  • Where the money goes: 96.5% of revenue deployed · 100% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment · $53K in reported program spending
  • Leadership: top reported pay $0 · 12 people listed
  • Consistency: 8 of 8 current checks pass
  • Schedules: 2 filed schedules
  • Filing history: 14 filing years from 2011 to 2024
  • Contacts: How to reach this organization
  • Money network: Resolved incoming and outgoing counterparties from filed money flows.
  • 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 — Sustainability: Operating margin scored 53/100.
  • High — Growth: Asset growth scored 0/100.
  • Moderate — Sustainability: Liabilities to assets ratio scored 32/100.
  • Review — Sustainability: Officer compensation ratio scored 56/100.