Civic Intelligence

Ocean Grove Historic Preservation Society Inc

990 • Fiscal year 2013 • EIN 22-3505238

Jan 01, 2013 to Dec 31, 2013 • Filed on Feb 28, 2014

PO Box 5507756

(732) 502-0050

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

29th percentile

0.01x

Higher debt load relative to assets than 29% of similar nonprofits.

2013 filings • NTEE A • $1M-$5M nonprofits • Source year 2013

Liabilities / Revenue

54th percentile

0.11x

Higher debt load relative to revenue than 54% of similar nonprofits.

2013 filings • NTEE A • $1M-$5M nonprofits • Source year 2013

Net Margin

78th percentile

34%

Higher net margin than 78% of similar nonprofits.

2013 filings • NTEE A • $1M-$5M nonprofits • Source year 2013

Top Officer Pay

44th percentile

$0

Higher top officer pay than 44% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2013 filings • NTEE A • $1M-$5M nonprofits • Source year 2013

Asset Growth

49th percentile

3.5%

Faster asset growth than 49% of similar nonprofits.

2013 filings • NTEE A • $1M-$5M nonprofits • Annualized from 2012 to 2013

Revenue Growth

60th percentile

16%

Faster revenue growth than 60% of similar nonprofits.

2013 filings • NTEE A • $1M-$5M nonprofits • Annualized from 2012 to 2013

Assets

Up

$2,799,739

Up $95,942 (+3.5%) from 2012

Net Assets

Up

$2,770,323

Up $90,574 (+3.4%) from 2012

Liabilities

Up

$29,416

Up $5,368 (+22%) from 2012

Revenue

Up

$266,802

Up $37,601 (+16%) from 2012

Expenses

Down

$176,228

Down $10,096 (-5.4%) from 2012

Net Income

Up

$90,574

Up $47,697 (+111%) from 2012

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$3.0M$2.0M$1.0M$0Assets 2010: $2,635,857Liabilities 2010: $37,800Net Assets 2010: $2,598,0572010Assets 2011: $2,667,997Liabilities 2011: $31,125Net Assets 2011: $2,636,8722011Assets 2012: $2,703,797Liabilities 2012: $24,048Net Assets 2012: $2,679,7492012Assets 2013: $2,799,739Liabilities 2013: $29,416Net Assets 2013: $2,770,3232013Assets 2014: $2,731,843Liabilities 2014: $8,472Net Assets 2014: $2,723,3712014Assets 2015: $2,732,535Liabilities 2015: $47,795Net Assets 2015: $2,684,7402015Assets 2016: $2,663,287Liabilities 2016: $40,608Net Assets 2016: $2,622,6792016Assets 2017: $2,558,128Liabilities 2017: $40,983Net Assets 2017: $2,517,1452017Assets 2018: $2,514,195Liabilities 2018: $28,795Net Assets 2018: $2,485,4002018Assets 2019: $2,432,181Liabilities 2019: $25,464Net Assets 2019: $2,406,7172019Assets 2020: $2,364,318Liabilities 2020: $17,500Net Assets 2020: $2,346,8182020Assets 2021: $2,426,918Liabilities 2021: $9,224Net Assets 2021: $2,417,6942021Assets 2022: $2,339,859Liabilities 2022: $45,221Net Assets 2022: $2,294,6382022Assets 2023: $2,288,594Liabilities 2023: $37,720Net Assets 2023: $2,250,8742023Assets 2024: $2,323,998Liabilities 2024: $32,404Net Assets 2024: $2,291,5942024

Highlighted filing

2013

Assets$2,799,739
Liabilities$29,416
Net Assets$2,770,323

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$600K$400K$200K$0-$200KExpenses 2010: $176,2402010Expenses 2011: $168,0742011Revenue 2012: $229,201Expenses 2012: $186,324Net Income 2012: $42,8772012Revenue 2013: $266,802Expenses 2013: $176,228Net Income 2013: $90,5742013Revenue 2014: $219,625Expenses 2014: $266,575Net Income 2014: -$46,9502014Revenue 2015: $262,620Expenses 2015: $301,252Net Income 2015: -$38,6322015Revenue 2016: $252,188Expenses 2016: $314,249Net Income 2016: -$62,0612016Revenue 2017: $232,645Expenses 2017: $338,179Net Income 2017: -$105,5342017Revenue 2018: $352,540Expenses 2018: $384,285Net Income 2018: -$31,7452018Revenue 2019: $275,956Expenses 2019: $354,639Net Income 2019: -$78,6832019Revenue 2020: $258,095Expenses 2020: $317,994Net Income 2020: -$59,8992020Revenue 2021: $422,027Expenses 2021: $351,151Net Income 2021: $70,8762021Revenue 2022: $342,996Expenses 2022: $466,052Net Income 2022: -$123,0562022Revenue 2023: $509,144Expenses 2023: $552,908Net Income 2023: -$43,7642023Revenue 2024: $581,980Expenses 2024: $541,260Net Income 2024: $40,7202024

Highlighted filing

2013

Revenue$266,802
Expenses$176,228
Net Income$90,574
Jump To
Filing Snapshot
Filing Period
Jan 1, 2013 to Dec 31, 2013
Signed
Feb 28, 2014
Return Version
2013v3.1
Gross Receipts
$274,300
Mission and Program Overview

Mission

The mission of the ocean grove historic preservation society is towfold: to save and restore the beautiful and historic building that is currently home to the jersey shore arts center, and to operate the arts center in support of local artists and arts educators. The jersey shore arts center provides professional opportunities and work space for artists and arts related educators who in turn develop opportunities for the broader jersey shore community to experience and engage with the arts.

Performing Arts Center and Culinary School for the Visually Impaired and Special Needs Individuals

Balance Sheet Detail
LineBeginningEndChange
Assets
Rtn Earn Endowment Incm Other Fnds$2,679,749$2,770,323▲ $90,574
Land, Buildings, and Equipment, Net$1,508,172$1,558,194▲ $50,022
Other Notes and Loans Receivable, Net$993,295$983,620▼ $9,675
Savings and Temporary Cash Investments$199,520$248,474▲ $48,954
Cash and Non-Interest-Bearing Accounts$1,835$8,476▲ $6,641
Inventories for Sale or Use$875$875→ $0
Total Assets$2,703,797$2,799,739▲ $95,942
Other Assets Total$100$100→ $0
Liabilities
Mortgage Notes Payable Secured by Investment Property$24,048$29,416▲ $5,368
Total Liabilities$24,048$29,416▲ $5,368
Net Assets / Fund Balance
Total Net Assets Fund Balance$2,679,749$2,770,323▲ $90,574
Total Liabilities and Net Assets / Fund Balance$2,703,797$2,799,739▲ $95,942

Asset Categories

AssetBook ValueDepreciationBasis
Leasehold Improvements$1,176,179$366,405$1,542,584
Buildings$332,015$181,063$513,078
Land$50,000-$50,000
Compensation and Service Providers

Board Members and Trustees

NameTitle
Herbert G HerbstPresident
Dr Alyn HeimDirector
James ConroyDirector
Melinda KelleyDirector/Sec'y
James McgovernTreasurer
Michael LamorteVP
Revenue and Support

Revenue Composition

Contributions and Grants
$17,975
Program Service Revenue
$171,545
Investment Income
$52,374
Other Revenue
$24,908
All Other Contributions
$13,971
Change in Net Assets
$90,574
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$176,228
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Depreciation Depletion$0$56,716$0$56,716
All Other Expenses$0$37,994$0$37,994
Fees for Services Management$0$25,590$0$25,590
Insurance$0$22,630$0$22,630
Office Expenses$0$10,340$0$10,340
Advertising$6,496$0$0$6,496
Fees for Services Legal$0$2,960$0$2,960
Fees for Services Accounting$0$2,725$0$2,725
Other Expenses$0$1,780$0$1,780
Conferences and Meetings$1,000$228$0$1,228
Interest$0$1,224$0$1,224
Total Functional Expenses$7,496$168,732$0$176,228
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$32,406
Fundraising Direct Expenses$7,498
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Event 2$12,490$12,490$5,010$7,480
Event 1$9,938$9,938$2,488$7,450
Total Events$32,406$32,406$7,498$24,908
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No
Filing and Contact Details

Filer

EIN
22-3505238
Phone
7325020050

Signing Officer

Name
Herbert G Herbst
Title
President
Phone
7325020050
Signed
2014-02-28
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Herbert G Herbst
Formed
1995
Legal Domicile
Nj
Voting Board Members
8
Independent Board Members
8
Employees
0
Volunteers
40

Preparer

Preparer
Robert Carroll
Phone
7327753577
Supplemental Narrative

Additional Explanations

Pt VI, Line 19

All documents available to the public upon written request

Pt VI, Line 11B

Form 990 reviewed by members before submitting

Form 990, Part IX, Line 24F

Piano tune 352. 0. 352. 0. Computer expense 1170. 0. 1170. 0. Lighting maint 525. 0. 525. 0. Supplies 423. 0. 423. 0. Telephone 2103. 0. 2103. 0. Electric 10213. 0. 10213. 0. Heat 19385. 0. 19385. 0. Water 2990. 0. 2990. 0. Sewer 833. 0. 833. 0.

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IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt0155055
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt0234865
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt052374
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt050099
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt040637
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt035682
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt01803
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt0180595
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt0203951
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt0162283
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt0173646
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt0159028
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt0183117
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt0882025
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt052374
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt050099
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt040637
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt035682
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt01803
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt0180595
IRS990ScheduleA/InvestmentIncomeCYPct00.13920
IRS990ScheduleA/InvestmentIncomePYPct00.10730
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00
IRS990ScheduleA/PublicSupportCY509Pct00.86080
IRS990ScheduleA/PublicSupportPY509Pct00.89270
IRS990ScheduleA/PublicSupportTotal170Amt00
IRS990ScheduleA/PublicSupportTotal509Amt01116890
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0221926
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0184767
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0187047
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0184978
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0338172
IRS990ScheduleA/Total509Grp/TotalAmt01116890
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt01297485
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/BuildingsGrp/BookValueAmt0332015
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0181063
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt0513078
IRS990ScheduleD/LandGrp/BookValueAmt050000
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt050000
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt01176179
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt0366405
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt01542584
IRS990ScheduleD/TotalBookValueLandBuildingsAmt01558194
IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt07498
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt09938
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent2Amt012490
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsOtherEventsAmt09978
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt032406
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt09938
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent2Amt012490
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueOtherEventsAmt09978
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt032406
IRS990ScheduleG/FundraisingEventInformationGrp/NameOfEvent1Amt0Fashion Show
IRS990ScheduleG/FundraisingEventInformationGrp/NameOfEvent2Amt05 K Run
IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt024908
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssTotalEventsAmt07498
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent1Amt02488
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent2Amt05010
IRS990ScheduleG/FundraisingEventInformationGrp/OtherEventsTotalCnt05
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0All documents available to the public upon written request
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Form 990 reviewed by members before submitting
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2PIANO TUNE 352. 0. 352. 0. COMPUTER EXPENSE 1170. 0. 1170. 0. LIGHTING MAINT 525. 0. 525. 0. SUPPLIES 423. 0. 423. 0. TELEPHONE 2103. 0. 2103. 0. ELECTRIC 10213. 0. 10213. 0. HEAT 19385. 0. 19385. 0. WATER 2990. 0. 2990. 0. SEWER 833. 0. 833. 0.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Pt VI, Line 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Pt VI, Line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part IX, Line 24f
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/StatesWhereCopyOfReturnIsFldCd0NJ
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxableDistributionsInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt02703797
IRS990/TotalAssetsEOYAmt02799739
IRS990/TotalAssetsGrp/BOYAmt02703797
IRS990/TotalAssetsGrp/EOYAmt02799739
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt017975
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0168732
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt07496
IRS990/TotalFunctionalExpensesGrp/TotalAmt0176228
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt024048
IRS990/TotalLiabilitiesEOYAmt029416
IRS990/TotalLiabilitiesGrp/BOYAmt024048
IRS990/TotalLiabilitiesGrp/EOYAmt029416
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt02679749
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt02770323
IRS990/TotalProgramServiceExpensesAmt07496
IRS990/TotalProgramServiceRevenueAmt0171545
IRS990/TotalRevenueGrp/ExclusionAmt077282
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0171545
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0266802
IRS990/TotalVolunteersCnt040
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt02703797
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt02799739
IRS990/TransactionWithControlEntInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine102 Heck Ave
IRS990/USAddress/City0Ocean Grove
IRS990/USAddress/State0NJ
IRS990/USAddress/ZIPCode007756
IRS990/VotingMembersGoverningBodyCnt08
IRS990/VotingMembersIndependentCnt08
IRS990/WebsiteAddressTxt0HTTP://JERSEYSHOREARTSCENTER.ORG
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02015-11-30 17:44:51Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0HERBERT G HERBST
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum07325020050
ReturnHeader/BusinessOfficerGrp/SignatureDt02014-02-28
ReturnHeader/Filer/BusinessName/BusinessNameLine10Ocean Grove Historic Preservation Society Inc
ReturnHeader/Filer/BusinessNameControlTxt0OCEA
ReturnHeader/Filer/EIN0223505238
ReturnHeader/Filer/PhoneNum07325020050
ReturnHeader/Filer/USAddress/AddressLine10PO Box 55
ReturnHeader/Filer/USAddress/City0Ocean Grove
ReturnHeader/Filer/USAddress/State0NJ
ReturnHeader/Filer/USAddress/ZIPCode007756
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine10ROBERT T CARROLL CPA

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.32$0.03$2.29$0.58$0.54$0.04
2023Detailed filing. Detailed filing data is available for this year.$2.29$0.04$2.25$0.51$0.55$0.04
2022Detailed filing. Detailed filing data is available for this year.$2.34$0.05$2.29$0.34$0.47$0.12
2021Detailed filing. Detailed filing data is available for this year.$2.43$0.01$2.42$0.42$0.35$0.07
2020Detailed filing. Detailed filing data is available for this year.$2.36$0.02$2.35$0.26$0.32$0.06
2019Detailed filing. Detailed filing data is available for this year.$2.43$0.03$2.41$0.28$0.35$0.08
2018Detailed filing. Detailed filing data is available for this year.$2.51$0.03$2.49$0.35$0.38$0.03
2017Detailed filing. Detailed filing data is available for this year.$2.56$0.04$2.52$0.23$0.34$0.11
2016Detailed filing. Detailed filing data is available for this year.$2.66$0.04$2.62$0.25$0.31$0.06
2015Detailed filing. Detailed filing data is available for this year.$2.73$0.05$2.68$0.26$0.30$0.04
2014Detailed filing. Detailed filing data is available for this year.$2.73$0.01$2.72$0.22$0.27$0.05
2013Detailed filing. Detailed filing data is available for this year.$2.80$0.03$2.77$0.27$0.18$0.09
2012Summary only. Only limited summary data is available for this year.$2.70$0.02$2.68$0.23$0.19$0.04
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.67$0.03$2.64$0.17
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.64$0.04$2.60$0.18