Model T Ford Club Of America
- Assets
- $1.3m
- Revenue
- $377.2k
- Investments
- $0.0
- Employees
- 4
- Location
- Richmond, IN
- Founding
- 06/2002
- Data as of
- 09/2020
- EIN
- 95-2467053
Organization Overview
Model T Ford Club Of America is located in Richmond, IN. The organization was established in 2002. According to its NTEE Classification (A80) the organization is classified as: Historical Organizations, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 09/2021, Model T Ford Club Of America employed 4 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Model T Ford Club Of America is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 09/2020, Model T Ford Club Of America generated $377.2k in total revenue. The organization has seen a slow decline revenue. Over the past 6 years, revenues have fallen by an average of (0.1%) each year. All expenses for the organization totaled $353.0k during the year ending 09/2020. As we would expect to see with falling revenues, expenses have declined by (0.6%) per year over the past 6 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2020
Describe the Organization's Mission:
Part 3 - Line 1
THE MODEL T FORD CLUB OF AMERICA STRIVES TO PRESERVE AND PROMOTE THE MODEL T FORD FOR FUTURE GENERATIONS BY EDUCATING PEOPLE OF ALL AGES IN THE HISTORY, LORE AND SKILLS OF MAINTENANCE OF THE CAR THAT PUT AMERICA ON WHEELS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PUBLICATION OF VARIOUS MANUALS, VIDEOS AND REFERENCE BOOKS TO PROVIDE INFORMATION ON TOPICS RELATED TO THE CARE, ADJUSTMENT AND RESTORATION OF MODEL T FORDS. THE ORGANIZATION OPERATES A MUSEUM AND OWNS A COLLECTION OF MODEL T FORDS THAT HELP EDUCATE THE PUBLIC ABOUT MODEL T FORDS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Susan Yaeger Executive Director | Officer | 40 | $53,597 |
Rachel Hughes Executive Director | Officer | 40 | $6,971 |
Rick Bonebright Vice President | OfficerTrustee | 1 | $0 |
Keith Gumbinger Treasurer | OfficerTrustee | 1 | $0 |
Larry Azevedo President | OfficerTrustee | 1 | $0 |
Steven Hughes Secretary | OfficerTrustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $132,415 |
| Investment income | $709 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $3,850 |
| Net Gain/Loss on Asset Sales | -$3,150 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $1,423 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $377,198 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic individuals. | $5,000 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $56,484 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $34,425 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $6,954 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $244 |
| Fees for services: Accounting | $20,355 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $4,822 |
| Office expenses | $8,268 |
| Information technology | $2,300 |
| Royalties | $0 |
| Occupancy | $11,428 |
| Travel | $4,370 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $1,217 |
| Interest | $8,308 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $12,839 |
| Insurance | $17,841 |
| All other expenses | $0 |
| Total functional expenses | $353,049 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $185,203 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $1,500 |
| Accounts receivable, net | $906 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $63,184 |
| Prepaid expenses and deferred charges | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $553,357 |
| Total assets | $1,338,277 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $179,910 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $350 |
| Total liabilities | $180,260 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Total liabilities and net assets/fund balances | $1,158,017 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Model T Ford Club Of America has recieved totaling $1,888.
| Awarding Organization | Amount |
|---|---|
First Bank Richmond Inc Community Foundation Richmond, IN PURPOSE: GENERAL | $1,500 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $388 |
Peer Organizations
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|---|---|---|
Navy Pier Inc Chicago, IL | $199,546,550 | $62,194,092 |
The Barack Obama Foundation Chicago, IL | $693,835,698 | $159,957,411 |
Liberty Memorial Association Kansas City, MO | $35,751,544 | $14,461,883 |
Indiana Historical Society Indianapolis, IN | $152,627,726 | $15,739,974 |
Steel Founders Society Of America Crystal Lake, IL | $6,567,517 | $7,560,615 |
Historic Landmarks Foundation Of Indiana Inc Indianapolis, IN | $92,679,775 | $11,879,556 |
Colonel Il James N Pritzker Library For The Citizen Soldier Chicago, IL | $30,735,848 | $6,408,136 |
American Opinion Foundation Inc Appleton, WI | $4,682,811 | $5,136,878 |
Frank Lloyd Wright Trust Chicago, IL | $6,763,209 | $2,823,161 |
Chicago Police Memorial Foundation Chicago, IL | $19,000,783 | $6,539,777 |
National Society Of The Sons Of The American Revolution Louisville, KY | $16,631,721 | $2,986,592 |
Otho S A Sprague Memorial Institute Chicago, IL | $50,228,527 | $3,261,875 |