Civic Intelligence

Preservation Dallas Inc

990 • Fiscal year 2015 • EIN 23-7258521

Jul 01, 2014 to Jun 30, 2015 • Filed on Feb 15, 2016

2922 Swiss AvenueDallas, TX 75204

(214) 821-3290

Siviq Scores

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

Liabilities / Assets

20th percentile

0.00x

Higher debt load relative to assets than 20% of similar nonprofits.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2015

Liabilities / Revenue

21st percentile

0.01x

Higher debt load relative to revenue than 21% of similar nonprofits.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2015

Net Margin

17th percentile

-15%

Higher net margin than 17% of similar nonprofits.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2015

Top Officer Pay

55th percentile

$72,000

Higher top officer pay than 55% of similar nonprofits.

Top officer pay equals 21.4% of source-year revenue.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2015

Asset Growth

23rd percentile

-4.9%

Faster asset growth than 23% of similar nonprofits.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2014 to 2015

Revenue Growth

7th percentile

-43%

Faster revenue growth than 7% of similar nonprofits.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2014 to 2015

Assets

Down

$1,072,405

Down $54,700 (-4.9%) from 2014

Net Assets

Down

$1,068,636

Down $49,960 (-4.5%) from 2014

Liabilities

Down

$3,769

Down $4,740 (-56%) from 2014

Revenue

Down

$336,706

Down $255,146 (-43%) from 2014

Expenses

Up

$386,666

Up $59,809 (+18%) from 2014

Net Income

Down

-$49,960

Down $314,955 (-119%) from 2014

Historical Trend

Balance Sheet Trend

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

$1.5M$1.0M$500K$0Assets 2010: $743,198Liabilities 2010: $2,128Net Assets 2010: $741,0702010Assets 2013: $858,770Liabilities 2013: $5,169Net Assets 2013: $853,6012013Assets 2014: $1,127,105Liabilities 2014: $8,509Net Assets 2014: $1,118,5962014Assets 2015: $1,072,405Liabilities 2015: $3,769Net Assets 2015: $1,068,6362015Assets 2016: $1,170,382Liabilities 2016: $4,442Net Assets 2016: $1,165,9402016Assets 2018: $1,143,012Liabilities 2018: $22,471Net Assets 2018: $1,120,5412018Assets 2019: $1,268,513Liabilities 2019: $5,160Net Assets 2019: $1,263,3532019Assets 2022: $1,063,281Liabilities 2022: $44,173Net Assets 2022: $1,019,1082022Assets 2024: $1,013,776Liabilities 2024: $38,840Net Assets 2024: $974,9362024

Highlighted filing

2015

Assets$1,072,405
Liabilities$3,769
Net Assets$1,068,636

Operations Trend

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

$1.5M$1.0M$500K$0-$500K-$1.0MRevenue 2010: $332,782Expenses 2010: $266,127Net Income 2010: $66,6552010Expenses 2013: $263,5512013Revenue 2014: $591,852Expenses 2014: $326,857Net Income 2014: $264,9952014Revenue 2015: $336,706Expenses 2015: $386,666Net Income 2015: -$49,9602015Revenue 2016: $446,663Expenses 2016: $349,359Net Income 2016: $97,3042016Revenue 2018: $359,384Expenses 2018: $372,634Net Income 2018: -$13,2502018Revenue 2019: $501,752Expenses 2019: $358,940Net Income 2019: $142,8122019Revenue 2022: $399,968Expenses 2022: $1,095,217Net Income 2022: -$695,2492022Revenue 2024: $482,119Expenses 2024: $529,105Net Income 2024: -$46,9862024

Highlighted filing

2015

Revenue$336,706
Expenses$386,666
Net Income-$49,960
Jump To
Filing Snapshot
Filing Period
Jul 1, 2014 to Jun 30, 2015
Signed
Feb 15, 2016
Return Version
2014v6.0
Gross Receipts
$359,099
Mission and Program Overview

Mission

Education and advocate for

Education and advocate for historic building preservation

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$731,491$737,684▲ $6,193
Savings and Temporary Cash Investments$195,710$156,816▼ $38,894
Cash and Non-Interest-Bearing Accounts$101,769$82,770▼ $18,999
Pledges and Grants Receivable$35,816$33,850▼ $1,966
Land, Buildings, and Equipment, Net$2,319$1,285▼ $1,034
Total Assets$1,127,105$1,072,405▼ $54,700
Other Assets Total$60,000$60,000→ $0
Liabilities
Accounts Payable and Accrued Expenses$8,509$3,769▼ $4,740
Total Liabilities$8,509$3,769▼ $4,740
Net Assets / Fund Balance
Unrestricted Net Assets$847,643$833,952▼ $13,691
Temporarily Rstr Net Assets$210,953$174,684▼ $36,269
Permanently Rstr Net Assets$60,000$60,000→ $0
Total Net Assets Fund Balance$1,118,596$1,068,636▼ $49,960
Total Liabilities and Net Assets / Fund Balance$1,127,105$1,072,405▼ $54,700

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$1,285$30,577-
Other Assets Org$60,000--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
David PreziosiExecutive DirectorFT$72,000$72,000

Board Members and Trustees

NameTitle
Jann MackeyPast President
Buddy ApplePresident
Betty ArtisTrustee
Carol RoarkTrustee
Carrie PattersonTrustee
Christopher HaleyTrustee
Craig MeldeTrustee
Diane ShermanTrustee
Frances GonzalezTrustee
Grayson HughesTrustee
Jann Nancy MccoyTrustee
Joan WalneTrustee
Joanna HamptonTrustee
Julie TravisTrustee
Katy SladeTrustee
Michael FahrenbrookTrustee
Vanessa BakerTrustee
Yolanda Lawson MdTrustee
Will StovalSecretary
Jonathan BullTreasurer
Alicia QuintansVP - Education
Nicky Defeece EmeryVP - Preservation Issues
Natalie WestbrookVP Membership
Scott PotterVP-heritage Programs
Revenue and Support

Revenue Composition

Contributions and Grants
$164,615
Program Service Revenue
$43,022
Investment Income
$15,955
Other Revenue
$113,114
All Other Contributions
$110,359
Change in Net Assets
$-49,960

Noncash Contribution Practices

Property subject to holding requirements
No
Reviewed unusual noncash gifts
Yes
Third parties used for noncash contributions
No
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$220,517
Salaries, Compensation, and Employee Benefits$166,149
Total Fundraising Expense$41,504
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Occupancy$55,070$22,946$13,768$91,784
Fees for Services Other$75,695$2,500$3,143$81,338
Other Salaries and Wages$45,600$19,000$11,400$76,000
Current Officers, Directors, Trustees, and Key Employees$43,200$18,000$10,800$72,000
Payroll Taxes$7,208$3,003$1,802$12,013
Fees for Services Accounting$0$11,025$0$11,025
Fees for Service Investment Mgmnt Fees$0$9,002$0$9,002
Office Expenses$539$7,231$81$7,851
Other Employee Benefits$0$6,136$0$6,136
Insurance$1,418$2,383$355$4,156
Travel$391$1,202$0$1,593
Other Expenses$499$612$0$1,111
Depreciation Depletion$621$258$155$1,034
Total Functional Expenses$233,558$111,604$41,504$386,666
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$133,247
Fundraising Direct Expenses$20,550
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Preservation Award----
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
No
Annual disclosure for covered persons
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
Yes
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No
Filing and Contact Details

Filer

Filer Name
Preservation Dallas Inc
EIN
23-7258521
Phone
2148213290
Address
2922 SWISS AVENUE, DALLAS, TX 75204

Signing Officer

Name
David Preziosi
Title
Executive Director
Phone
2148213290
Signed
2016-02-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
David Preziosi
Formed
1972
Legal Domicile
TX
Voting Board Members
26
Independent Board Members
26
Employees
3
Volunteers
75

Preparer

Firm
Robert S Cooper Pc
Address
5580 PETERSON LANE SUITE 135, DALLAS, TX 75240-5267
Preparer
Robert S Cooper CPA
Phone
2147345669
Supplemental Narrative

Additional Explanations

Pt VI, Line 15A

Set by executive committe and voted on by entire board.

Pt VI, Line 11B

Tax return reviewed by executive director before filing

Pt VI, Line 11B

and to agree to independent auditor financial report.

Form 990EZ, Part II, Line 24

Accounts receivable donated assets - collectibles investments - traded securities

Form 990EZ, Part II, Line 26

Accounts payable & accrued expenses

Form 990, Part III, Line 4D

Member beefits - newletters, tours and seminars on 57393. 0. 0.

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IRS990/Form990PartVIISectionAGrp/TitleTxt0EXECUTIVE DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt1PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt2PAST PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt3VP - PRESERVATION ISSUES
IRS990/Form990PartVIISectionAGrp/TitleTxt4VP-HERITAGE PROGRAMS
IRS990/Form990PartVIISectionAGrp/TitleTxt5VP - EDUCATION
IRS990/Form990PartVIISectionAGrp/TitleTxt6VP MEMBERSHIP
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