Village of Convoy Historical Society

Nonprofit profile at a glance

EIN
611454610
IRS 990-EZ coverage
2019–2024
Forms available
Form 990-EZ 2024, Form 990-N 2017
Location
Convoy, OH, USA
Rating
40
Verdict
MIXED
Rating confidence
Moderate
Sector
Historical Societies, Related Historical Activities

Reported finances

Revenue
$70,334
Expenses
$73,408
Assets
$164,231
Liabilities
$0

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

Leadership & pay

17 people listed

Executive titles in this filing

  • David Thomas (President)
  • Jason Cox (Vice-President)

People named in this filing

  • David Thomas (President)
  • Jason Cox (Vice-President)
  • Vicki Saylor (Secretary)

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

Restoration of the Village of Convoy Opera House to serve as a performance venue and meeting place to promote and restore the Convoy business district for the benefit of about 2000 residents of Convoy and the surrounding area. The Opera House restoration is essentially completed while work continues on the adjacent building which will be used for support of and access to the Opera House. Partitions have been constructed for restrooms dressing rooms etc. Handicapped accessibility has been improved.

What it reported doing in 2024

Restoration of our Annex building to provide support for our Opera House and other services including spaces for meetings receptions reunions etc. Restrooms dressing rooms food preparation area etc. have been completed.

Operating model

Revenue model
Mixed. Its operating money came from several sources; no one source provided a clear majority.
Distribution model
No current program activity. The filing reports no program spending for the current year.

The verdict

MIXED - The filed numbers largely add up and program spending has grown recently. A relatively small share of available resources goes toward mission work and expenses are high relative to revenue.

Rating breakdown

  • Financial Efficiency: 0
  • Transparency & Controls: 82
  • Sustainability: 52
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 0%; rating input score 0
  • Program expense ratio: Limited

Transparency & Controls

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

Sustainability

  • Operating margin: -4.4%; rating input score 37; 37th percentile among comparable filings
  • Total-asset coverage ratio: 2.24; rating input score 68; 68th percentile among comparable filings
  • Liabilities to assets ratio: 0; rating input score 68; 68th percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings

Growth

  • Program expense growth: 6.8% per year; rating input score 100; 66th percentile among comparable filings
  • Revenue growth: 11.9% per year; rating input score 100; 84th percentile among comparable filings
  • Asset growth: 25.5% per year; rating input score 100; 89th percentile among comparable filings

Details

  • Where the money goes: 0% of revenue deployed
  • Governance: Filed governance answers
  • Accomplishments: 4 filed program accomplishments
  • Leadership: top reported pay $0 · 17 people listed
  • Consistency: 7 of 7 current checks pass
  • Schedules: 2 filed schedules
  • Filing history: 5 filing years from 2019 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 — Financial Efficiency: Mission deployment rate scored 0/100.
  • Moderate — Sustainability: Operating margin scored 37/100.
  • Review — Sustainability: Officer compensation ratio scored 56/100.