Civic Intelligence

Andover Historic Preservation

EIN 22-2308597 • 501(c)3 • Andover, NY

Profile

A community-based organization dedicated to improving the quality of life for individuals and the community in the greater andvoer, new york area by preservation, rehabilitation, and redevelopmetn of residential and commercial properties, in addition to providing rental housing.

22 E Greenwood StreetAndover, NY 14806

n/A

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

65th percentile

0.10x

Higher debt load relative to assets than 65% of similar nonprofits.

NTEE A • $500k-$1M nonprofits • Source year 2024

Liabilities / Revenue

64th percentile

0.09x

Higher debt load relative to revenue than 64% of similar nonprofits.

NTEE A • $500k-$1M nonprofits • Source year 2024

Net Margin

69th percentile

17%

Higher net margin than 69% of similar nonprofits.

NTEE A • $500k-$1M nonprofits • Source year 2024

Top Officer Pay

74th percentile

$68,243

Higher top officer pay than 74% of similar nonprofits.

Top officer pay equals 9.4% of source-year revenue.

NTEE A • $500k-$1M nonprofits • Source year 2024

Asset Growth

64th percentile

9.8%

Faster asset growth than 64% of similar nonprofits.

NTEE A • $500k-$1M nonprofits • Annualized from 2023 to 2024

Revenue Growth

96th percentile

315%

Faster revenue growth than 96% of similar nonprofits.

NTEE A • $500k-$1M nonprofits • Annualized from 2023 to 2024

Assets

Up

$597,790

Up $53,152 (+9.8%) from 2023

Liabilities

Down

$61,847

Down $72,336 (-54%) from 2023

Net Assets

Up

$535,943

Up $125,488 (+31%) from 2023

Revenue

Up

$726,048

Up $550,927 (+315%) from 2023

Expenses

Up

$600,560

Up $400,786 (+201%) from 2023

Net Income

Up

$125,488

Up $150,141 (+609%) from 2023

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$1.0M$500K$0Assets 2012: $807,536Liabilities 2012: $70,068Net Assets 2012: $737,4682012Assets 2013: $721,814Liabilities 2013: $16,916Net Assets 2013: $704,8982013Assets 2014: $723,379Liabilities 2014: $54,451Net Assets 2014: $668,9282014Assets 2015: $673,698Liabilities 2015: $64,711Net Assets 2015: $608,9872015Assets 2016: $627,022Liabilities 2016: $44,471Net Assets 2016: $582,5512016Assets 2017: $639,721Liabilities 2017: $95,796Net Assets 2017: $543,9252017Assets 2018: $631,385Liabilities 2018: $90,584Net Assets 2018: $540,8012018Assets 2019: $587,649Liabilities 2019: $54,951Net Assets 2019: $532,6982019Assets 2020: $481,267Liabilities 2020: $8,867Net Assets 2020: $472,4002020Assets 2021: $503,223Liabilities 2021: $53,794Net Assets 2021: $449,4292021Assets 2022: $566,056Liabilities 2022: $130,948Net Assets 2022: $435,1082022Assets 2023: $544,638Liabilities 2023: $134,183Net Assets 2023: $410,4552023Assets 2024: $597,790Liabilities 2024: $61,847Net Assets 2024: $535,9432024

Highlighted filing

2024

Assets$597,790
Liabilities$61,847
Net Assets$535,943

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$1.5M$1.0M$500K$0-$500KRevenue 2012: $474,749Expenses 2012: $510,553Net Income 2012: -$35,8042012Revenue 2013: $491,009Expenses 2013: $523,579Net Income 2013: -$32,5702013Revenue 2014: $703,145Expenses 2014: $739,115Net Income 2014: -$35,9702014Revenue 2015: $235,441Expenses 2015: $295,382Net Income 2015: -$59,9412015Revenue 2016: $456,392Expenses 2016: $482,828Net Income 2016: -$26,4362016Revenue 2017: $176,528Expenses 2017: $215,154Net Income 2017: -$38,6262017Revenue 2018: $465,758Expenses 2018: $468,882Net Income 2018: -$3,1242018Revenue 2019: $1,086,322Expenses 2019: $1,094,425Net Income 2019: -$8,1032019Revenue 2020: $293,645Expenses 2020: $353,943Net Income 2020: -$60,2982020Revenue 2021: $257,730Expenses 2021: $274,144Net Income 2021: -$16,4142021Revenue 2022: $418,846Expenses 2022: $433,167Net Income 2022: -$14,3212022Revenue 2023: $175,121Expenses 2023: $199,774Net Income 2023: -$24,6532023Revenue 2024: $726,048Expenses 2024: $600,560Net Income 2024: $125,4882024

Highlighted filing

2024

Revenue$726,048
Expenses$600,560
Net Income$125,488

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jul 1, 2023 to Jun 30, 2024
Signed
Nov 8, 2024
Return Version
2023v6.0
Gross Receipts
$726,048
Mission and Program Overview

Mission

Quality of life improvemnt is primarily achieved through programs enabling low income families to become capable homeowners, assistance in programs for construction and rehabilitation of existing housing stock and the acquisition, rehabilitation and renting of housing units.

A community-based organization dedicated to improving the quality of life for individuals and the community in the greater andvoer, new york area by preservation, rehabilitation, and redevelopmetn of residential and commercial properties, in addition to providing rental housing.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$301,233$280,018▼ $21,215
Pledges and Grants Receivable$21,500$232,050▲ $210,550
Cash and Non-Interest-Bearing Accounts$165,752$66,838▼ $98,914
Savings and Temporary Cash Investments$56,153$18,884▼ $37,269
Total Assets$544,638$597,790▲ $53,152
Liabilities
Deferred Revenue$121,302$48,296▼ $73,006
Accounts Payable and Accrued Expenses$8,441$8,710▲ $269
Other Liabilities$4,440$4,841▲ $401
Total Liabilities$134,183$61,847▼ $72,336
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$410,455$535,943▲ $125,488
Total Net Assets Fund Balance$410,455$535,943▲ $125,488
Total Liabilities and Net Assets / Fund Balance$544,638$597,790▲ $53,152

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$267,879$849,713$1,117,592
Equipment$2,139$20,732$22,871
Land$10,000-$10,000
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Monica DeanExecutive DiFT$68,243$68,243

Board Members and Trustees

NameTitle
Franklin RussellChairman
Peggy FrostSecretary
Jeri ReichmanTreasurer
David SchautVice Charima
Revenue and Support

Revenue Composition

Contributions and Grants
$542,166
Program Service Revenue
$62,564
Investment Income
$16
Other Revenue
$121,302
All Other Contributions
$22,336
Change in Net Assets
$125,488

Audited Revenue Reconciliation

Revenue per Audited Statements
$726,048
Total Revenue per Audited Statements
$726,048
Total Revenue per Form 990
$726,048
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$468,824
Salaries, Compensation, and Employee Benefits$131,736
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Current Officers, Directors, Trustees, and Key Employees$65,513$1,103-$66,616
Other Salaries and Wages$47,459$801-$48,260
Depreciation Depletion$23,278--$23,278
Occupancy$13,998$4,000-$17,998
Payroll Taxes$15,459$1,401-$16,860
All Other Expenses$9,966$1,769-$11,735
Fees for Services Accounting$8,125$500-$8,625
Office Expenses$2,357$2,382-$4,739
Other Expenses$2,850--$2,850
Insurance$353$907-$1,260
Travel-$498-$498
Total Functional Expenses$587,199$13,361$0$600,560

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$600,560
Total Expenses per Audited Statements$600,560
Total Expenses per Form 990$600,560
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Interested-Person Transactions

Interested PartyRelationshipDescriptionShared RevenueAmount
John Dean JrExec. Dir SpousPayrollNo$2,492
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Deposits Held$4,841
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
No
Business relationship with 35% controlled entity
No
Business relationship with family members
Yes
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 11B

Presented to the board for review before filing.

Form 990, Page 6, Part VI, Line 12C

Policies are reviewed periodically.

Form 990, Page 6, Part VI, Line 15A

Compensation is reviewed annually.

Form 990, Page 6, Part VI, Line 15B

Compensation is reviewed annually.

Form 990, Page 6, Part VI, Line 19

All organization's documents are available upon request.

Filing and Contact Details

Filer

Filer Name
Andover Historic Preservation
EIN
22-2308597
Phone
6074788009
Address
22 E GREENWOOD STREET, ANDOVER, NY 14806

Signing Officer

Name
Franklin Russell
Title
Chairman
Phone
6074788009
Signed
2024-11-08
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Franklin Russell
Formed
1988
Legal Domicile
Ny
Voting Board Members
4
Independent Board Members
4
Employees
3

Preparer

Firm
Johnson Mackowiak & Associates Llp
Address
70 E MAIN ST, FREDONIA, NY 14063-1816
Preparer
Julie L Jagoda-booth CPA
Phone
7166724770
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

A community-based organization dedicated to improving the quality of life for individuals and the community in the greater andvoer, new york area by preservation, rehabilitation, and redevelopmetn of residential and commercial properties, in addition to providing rental housing.

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This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990ScheduleD/BuildingsGrp/DepreciationAmt0849713
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IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/RelationshipDescriptionTxt0EXEC. DIR SPOUS
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0A COMMUNITY-BASED ORGANIZATION DEDICATED TO IMPROVING THE QUALITY OF LIFE FOR INDIVIDUALS AND THE COMMUNITY IN THE GREATER ANDVOER, NEW YORK AREA BY PRESERVATION, REHABILITATION, AND REDEVELOPMETN OF RESIDENTIAL AND COMMERCIAL PROPERTIES, IN ADDITION TO PROVIDING RENTAL HOUSING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1PRESENTED TO THE BOARD FOR REVIEW BEFORE FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2POLICIES ARE REVIEWED PERIODICALLY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3COMPENSATION IS REVIEWED ANNUALLY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4COMPENSATION IS REVIEWED ANNUALLY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5ALL ORGANIZATION'S DOCUMENTS ARE AVAILABLE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990 - ORGANIZATION'S MISSION
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IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 12C
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IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PAGE 6, PART VI, LINE 15B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PAGE 6, PART VI, LINE 19
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IRS990/TravelGrp/TotalAmt0498
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IRS990/WhistleblowerPolicyInd0true
ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0FRANKLIN RUSSELL
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0CHAIRMAN
ReturnHeader/BusinessOfficerGrp/PhoneNum06074788009
ReturnHeader/BusinessOfficerGrp/SignatureDt02024-11-08
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0ANDOVER HISTORIC PRESERVATION
ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt0CORPORATION
ReturnHeader/Filer/BusinessNameControlTxt0ANDO
ReturnHeader/Filer/EIN0222308597
ReturnHeader/Filer/PhoneNum06074788009
ReturnHeader/Filer/USAddress/AddressLine1Txt022 E GREENWOOD STREET
ReturnHeader/Filer/USAddress/CityNm0ANDOVER
ReturnHeader/Filer/USAddress/StateAbbreviationCd0NY
ReturnHeader/Filer/USAddress/ZIPCd014806
ReturnHeader/IRSResponsiblePrtyInfoCurrInd0false
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0161185742
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0JOHNSON MACKOWIAK & ASSOCIATES LLP
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt070 E MAIN ST
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0FREDONIA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0NY
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0140631816
ReturnHeader/PreparerPersonGrp/PhoneNum07166724770
ReturnHeader/PreparerPersonGrp/PreparationDt02025-01-31
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0JULIE L JAGODA-BOOTH CPA
ReturnHeader/ReturnTs02025-03-03T17:16:30-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02023-07-01
ReturnHeader/TaxPeriodEndDt02024-06-30
ReturnHeader/TaxYr02023

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