Civic Intelligence

Historic Ithaca Inc.

990 • Fiscal year 2019 • EIN 23-7051773

Jan 01, 2019 to Dec 31, 2019 • Filed on Apr 22, 2021

210 Center StIthaca, NY 14850-5259

(607) 273-6633

Siviq Scores

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

Liabilities / Assets

87th percentile

0.35x

Higher debt load relative to assets than 87% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Liabilities / Revenue

88th percentile

0.23x

Higher debt load relative to revenue than 88% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Net Margin

42nd percentile

0.1%

Higher net margin than 42% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Top Officer Pay

77th percentile

$0

Higher top officer pay than 77% of similar nonprofits.

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

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Asset Growth

38th percentile

-3.2%

Faster asset growth than 38% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Annualized from 2018 to 2019

Revenue Growth

44th percentile

-2.3%

Faster revenue growth than 44% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Annualized from 2018 to 2019

Assets

Down

$262,239

Down $8,759 (-3.2%) from 2018

Net Assets

Up

$169,744

Up $30,571 (+22%) from 2018

Liabilities

Down

$92,495

Down $39,330 (-30%) from 2018

Revenue

Down

$408,797

Down $9,499 (-2.3%) from 2018

Expenses

Down

$408,250

Down $34,054 (-7.7%) from 2018

Net Income

Up

$547

Up $24,555 (+102%) from 2018

Historical Trend

Balance Sheet Trend

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

$800K$600K$400K$200K$0Assets 2012: $277,494Liabilities 2012: $136,615Net Assets 2012: $140,8792012Assets 2014: $300,045Liabilities 2014: $115,344Net Assets 2014: $184,7012014Assets 2015: $327,984Liabilities 2015: $110,006Net Assets 2015: $217,9782015Assets 2016: $304,533Liabilities 2016: $132,774Net Assets 2016: $171,7592016Assets 2017: $310,773Liabilities 2017: $127,592Net Assets 2017: $183,1812017Assets 2018: $270,998Liabilities 2018: $131,825Net Assets 2018: $139,1732018Assets 2019: $262,239Liabilities 2019: $92,495Net Assets 2019: $169,7442019Assets 2020: $454,839Liabilities 2020: $237,180Net Assets 2020: $217,6592020Assets 2021: $373,396Liabilities 2021: $152,448Net Assets 2021: $220,9482021Assets 2022: $356,701Liabilities 2022: $139,757Net Assets 2022: $216,9442022Assets 2023: $692,498Liabilities 2023: $211,077Net Assets 2023: $481,4212023Assets 2024: $556,940Liabilities 2024: $191,317Net Assets 2024: $365,6232024

Highlighted filing

2019

Assets$262,239
Liabilities$92,495
Net Assets$169,744

Operations Trend

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

$1.0M$500K$0-$500KExpenses 2012: $210,9812012Revenue 2014: $294,577Expenses 2014: $269,084Net Income 2014: $25,4932014Revenue 2015: $328,220Expenses 2015: $294,943Net Income 2015: $33,2772015Revenue 2016: $329,163Expenses 2016: $375,382Net Income 2016: -$46,2192016Revenue 2017: $371,827Expenses 2017: $360,405Net Income 2017: $11,4222017Revenue 2018: $418,296Expenses 2018: $442,304Net Income 2018: -$24,0082018Revenue 2019: $408,797Expenses 2019: $408,250Net Income 2019: $5472019Revenue 2020: $429,319Expenses 2020: $381,404Net Income 2020: $47,9152020Revenue 2021: $409,890Expenses 2021: $406,601Net Income 2021: $3,2892021Revenue 2022: $420,929Expenses 2022: $424,933Net Income 2022: -$4,0042022Revenue 2023: $743,150Expenses 2023: $478,673Net Income 2023: $264,4772023Revenue 2024: $404,886Expenses 2024: $520,683Net Income 2024: -$115,7972024

Highlighted filing

2019

Revenue$408,797
Expenses$408,250
Net Income$547
Jump To
Filing Snapshot
Filing Period
Jan 1, 2019 to Dec 31, 2019
Signed
Apr 22, 2021
Return Version
2019v5.0
Gross Receipts
$438,140
Mission and Program Overview

Mission

To promote the value and enhancement of our historic buildings and neighborhoods in the city of Ithaca and Tompkins County through education advocacy and action.

To promote the value and enhancement of our historic buildings and neighborhoods in the city of Ithaca and Tompkins County through education, advocacy and action.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$114,951$106,140▼ $8,811
Inventories for Sale or Use$95,136$96,550▲ $1,414
Cash and Non-Interest-Bearing Accounts$27,571$37,186▲ $9,615
Pledges and Grants Receivable$2,000$6,787▲ $4,787
Savings and Temporary Cash Investments$6,818$5,800▼ $1,018
Prepaid Expenses and Deferred Charges$5,820$5,010▼ $810
Accounts Receivable$10,969$4,766▼ $6,203
Other Notes and Loans Receivable, Net$0$0→ $0
Receivable From Disqualified Prsn$0$0→ $0
Receivables From Officers Etc$0$0→ $0
Investments Other Securities$0$0→ $0
Investments Program Related$0$0→ $0
Investments in Publicly Traded Securities$0$0→ $0
Intangible Assets$0$0→ $0
Loans From Officers Directors$0$0→ $0
Total Assets$263,266$262,239▼ $1,027
Other Assets Total$1$0▼ $1
Liabilities
Mortgage Notes Payable Secured by Investment Property$81,051$66,511▼ $14,540
Accounts Payable and Accrued Expenses$18,015$25,984▲ $7,969
Grants Payable$0$0→ $0
Unsecured Notes Loans Payable$0$0→ $0
Other Liabilities$0$0→ $0
Deferred Revenue$0$0→ $0
Escrow Account Liability$0$0→ $0
Tax Exempt Bond Liabilities$0$0→ $0
Total Liabilities$99,066$92,495▼ $6,571
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$158,586$152,261▼ $6,325
Net Assets With Donor Restrictions$5,614$17,483▲ $11,869
Total Net Assets Fund Balance$164,200$169,744▲ $5,544
Total Liabilities and Net Assets / Fund Balance$263,266$262,239▼ $1,027

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$99,129$103,843$0
Other Land Buildings$0$19,500$0
Land$4,699-$0
Equipment$2,312$35,044$0
Leasehold Improvements$0$0$0
Compensation and Service Providers

Board Members and Trustees

NameTitle
Susan HollandExecutive Director
Revenue and Support

Revenue Composition

Contributions and Grants
$253,461
Program Service Revenue
$18,491
Investment Income
$6
Other Revenue
$136,839
All Other Contributions
$134,461
Change in Net Assets
$547
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$303,719
Other Expenses$104,531
Total Fundraising Expense$18,616
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$192,880$14,083$0$206,963
Current Officers, Directors, Trustees, and Key Employees$35,618$13,806$10,770$60,194
Payroll Taxes$19,246$2,349$907$22,502
Insurance$14,842$6,084$0$20,926
Occupancy$15,502$2,494$0$17,996
Other Employee Benefits$11,178$1,617$1,265$14,060
Advertising$10,554$926$201$11,681
Depreciation Depletion$9,288$677$0$9,965
Office Expenses$4,898$1,719$2,128$8,745
Fees for Services Accounting$2,354$4,700$110$7,164
Other Expenses$0$0$3,235$3,235
Information Technology$1,389$1,389$0$2,778
Conferences and Meetings$690$894$0$1,584
Total Functional Expenses$338,896$50,738$18,616$408,250
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$0
Fundraising Gross Income$0
Gaming Direct Expenses$0
Gaming Gross Income$0
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
Peter WalzEmployee of Historic IthacaSold items on Consignment through our Architectural StoreNo$248
Robert DigiacintoEmployee of Historic IthacaSold items on Consignment through our Architectural StoreNo$47
Robert RectorEmployee of Historic IthacaSold items on Consignment through our Architectural StoreNo$46

Loans and Receivables

Line ItemBeginningEndChange
Loans from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Receivables from Disqualified Persons$0$0→ $0
Receivables from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
Annual disclosure for covered persons
Yes
Audit committee
Yes
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

Part VI, Section B, Line 11B

The 990 form is reviewed by each member of the Board and at the next board meeting it is voted on before submission.

Part VI, Section B, Line 12C

The Executive Director and Chair of the Board review and will take action on any conflict of interest that happens.

Part VI, Section B, Line 15

| Name of the Person:, The process used to establish compensation of the person who served in:|, The year in which this process was last undertaken:| Dan Hoffman Board Chair, The Board's Executive Committee reviews and recommends salary for the Executive Director. The Executive Director recommends salary for the other Key Employee., 2019| Susan Holland, The Executive Committee decides on compensation based on cost of living % along with reviewing ED salaries in Tompkins County and like organizations throughout New York state., 2019|

Part VI, Section C, Line 19

On our website

Filing and Contact Details

Filer

Filer Name
Historic Ithaca Inc
EIN
23-7051773
In Care Of
% Susan Holland
Phone
6072736633
Address
210 CENTER ST, ITHACA, NY 14850-5259

Signing Officer

Name
Susan Holland
Title
Executive Director
Phone
6072736633
Signed
2021-04-22
Discuss with paid preparer
No

Organization Details

Formed
1966
Legal Domicile
Ny
Voting Board Members
7
Independent Board Members
7
Employees
10
Volunteers
50
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IRS990/OtherExpensesGrp/FundraisingAmt00
IRS990/OtherExpensesGrp/FundraisingAmt10
IRS990/OtherExpensesGrp/FundraisingAmt23235
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt00
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt10
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt20
IRS990/OtherExpensesGrp/ProgramServicesAmt013346
IRS990/OtherExpensesGrp/ProgramServicesAmt17111
IRS990/OtherExpensesGrp/ProgramServicesAmt20
IRS990/OtherExpensesGrp/TotalAmt013346
IRS990/OtherExpensesGrp/TotalAmt17111
IRS990/OtherExpensesGrp/TotalAmt23235
IRS990/OtherLiabilitiesGrp/BOYAmt00
IRS990/OtherLiabilitiesGrp/EOYAmt00
IRS990/OtherRevenueTotalAmt00
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt00
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt014083
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0192880
IRS990/OtherSalariesAndWagesGrp/TotalAmt0206963
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt00
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt00
IRS990/OwnWebsiteInd0X
IRS990/PartialLiquidationInd0false
IRS990/PaymentsToAffiliatesGrp/FundraisingAmt00
IRS990/PaymentsToAffiliatesGrp/ManagementAndGeneralAmt00
IRS990/PaymentsToAffiliatesGrp/ProgramServicesAmt00
IRS990/PaymentsToAffiliatesGrp/TotalAmt00
IRS990/PayrollTaxesGrp/FundraisingAmt0907
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt02349
IRS990/PayrollTaxesGrp/ProgramServicesAmt019246
IRS990/PayrollTaxesGrp/TotalAmt022502
IRS990/PensionPlanContributionsGrp/FundraisingAmt00
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt00
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt00
IRS990/PensionPlanContributionsGrp/TotalAmt00
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt02000
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt06787
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt05820
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt05010
IRS990/PrincipalOfcrBusinessName/BusinessNameLine1Txt0Susan Holland
IRS990/PriorPeriodAdjustmentsAmt04997
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/BusinessCd0900099
IRS990/ProgramServiceRevenueGrp/Desc0Community Engagement
IRS990/ProgramServiceRevenueGrp/ExclusionAmt00
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt018491
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt018491
IRS990/ProgramServiceRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/ProgSrvcAccomActy2Grp/Desc0Through its Preservation Services and Community Engagement programs: The organization offers Professional Expertise, Technical Support and Resources about Historic Preservation; Serves as a proactive advocate for the city and counties built environment; Develops Public Awareness and Appreciation for the built environment through Educational Programs.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt060208
IRS990/ProgSrvcAccomActy2Grp/GrantAmt00
IRS990/ProgSrvcAccomActy2Grp/RevenueAmt018491
IRS990/ProgSrvcAccomActy3Grp/Desc0The Work Preserve provides job readiness training to Youth and Adults with barriers to employment. Participants build critical transferrable job skills by taking part in Significant Elements retail operations.
IRS990/ProgSrvcAccomActy3Grp/ExpenseAmt04898
IRS990/ProgSrvcAccomActy3Grp/GrantAmt00
IRS990/ProgSrvcAccomActy3Grp/RevenueAmt00
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0277019
IRS990/PYExcessBenefitTransInd0false
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt024
IRS990/PymtTravelEntrtnmntPubOfclGrp/FundraisingAmt00
IRS990/PymtTravelEntrtnmntPubOfclGrp/ManagementAndGeneralAmt00
IRS990/PymtTravelEntrtnmntPubOfclGrp/ProgramServicesAmt00
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt0113236
IRS990/PYOtherRevenueAmt0148972
IRS990/PYProgramServiceRevenueAmt017308
IRS990/PYRevenuesLessExpensesAmt01019
IRS990/PYSalariesCompEmpBnftPaidAmt0329068
IRS990/PYTotalExpensesAmt0442304
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0443323
IRS990/RcvblFromDisqualifiedPrsnGrp/BOYAmt00
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/ReceivablesFromOfficersEtcGrp/BOYAmt00
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt0547
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/RelatedOrganizationsAmt00
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/ReservesMaintainedAmt00
IRS990/RevenueAmt0136845
IRS990/RoyaltiesGrp/FundraisingAmt00
IRS990/RoyaltiesGrp/ManagementAndGeneralAmt00
IRS990/RoyaltiesGrp/ProgramServicesAmt00
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RoyaltiesRevenueGrp/ExclusionAmt00
IRS990/RoyaltiesRevenueGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/RoyaltiesRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt06818
IRS990/SavingsAndTempCashInvstGrp/EOYAmt05800
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt0253461
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt0277019
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt0230340
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt0195248
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt0201630
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt01157698
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt06
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt024
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt0125
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt020
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt08
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt0183
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt0155329
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt0163094
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt0155850
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt0143915
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt0154624
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt0772812
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt06
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt024
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt0125
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt020
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt08
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt0183
IRS990ScheduleA/InvestmentIncomeCYPct00.00009
IRS990ScheduleA/InvestmentIncomePYPct00.9942
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.61258
IRS990ScheduleA/PublicSupportPY509Pct01
IRS990ScheduleA/PublicSupportTotal509Amt01182698
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearAmt0150329
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus1YearAmt0158094
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus2YearsAmt0150850
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus3YearsAmt0138915
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus4YearsAmt0149624
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt0747812
IRS990ScheduleA/SubstantialContributorsAmtGrp/CurrentTaxYearAmt0150329
IRS990ScheduleA/SubstantialContributorsAmtGrp/CurrentTaxYearMinus1YearAmt0158094

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