Civic Intelligence

Philadelphia Ship Preservation Guild

990 • Fiscal year 2018 • EIN 23-7272425

Jan 01, 2018 to Dec 31, 2018 • Filed on Oct 30, 2019

301 South Columbus BlvdPhiladelphia, PA 19106

(215) 238-0280

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.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2018

Liabilities / Revenue

54th percentile

0.12x

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

2018 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2018

Net Margin

12th percentile

-23%

Higher net margin than 12% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2018

Top Officer Pay

35th percentile

$0

Higher top officer pay than 35% of similar nonprofits.

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

2018 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2018

Asset Growth

12th percentile

-12%

Faster asset growth than 12% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2017 to 2018

Revenue Growth

84th percentile

36%

Faster revenue growth than 84% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2017 to 2018

Assets

Down

$1,536,468

Down $200,758 (-12%) from 2017

Net Assets

Down

$1,515,534

Down $215,159 (-12%) from 2017

Liabilities

Up

$20,934

Up $14,401 (+220%) from 2017

Revenue

Up

$179,767

Up $47,808 (+36%) from 2017

Expenses

Up

$220,750

Up $76,936 (+53%) from 2017

Net Income

Down

-$40,983

Down $29,128 (-246%) from 2017

Historical Trend

Balance Sheet Trend

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

$2.0M$1.5M$1.0M$500K$0Assets 2014: $1,863,931Liabilities 2014: $0Net Assets 2014: $1,863,9312014Assets 2015: $1,729,819Liabilities 2015: $40,497Net Assets 2015: $1,689,3222015Assets 2016: $1,650,842Liabilities 2016: $6,456Net Assets 2016: $1,644,3862016Assets 2017: $1,737,226Liabilities 2017: $6,533Net Assets 2017: $1,730,6932017Assets 2018: $1,536,468Liabilities 2018: $20,934Net Assets 2018: $1,515,5342018Assets 2019: $1,811,001Liabilities 2019: $83Net Assets 2019: $1,810,9182019Assets 2020: $1,706,655Liabilities 2020: $1,938Net Assets 2020: $1,704,7172020Assets 2021: $1,802,346Liabilities 2021: $30,000Net Assets 2021: $1,772,3462021Assets 2022: $1,758,794Liabilities 2022: $38,023Net Assets 2022: $1,720,7712022Assets 2023: $1,821,701Liabilities 2023: $38,179Net Assets 2023: $1,783,5222023Assets 2024: $1,936,936Liabilities 2024: $14,541Net Assets 2024: $1,922,3952024

Highlighted filing

2018

Assets$1,536,468
Liabilities$20,934
Net Assets$1,515,534

Operations Trend

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

$600K$400K$200K$0-$200KRevenue 2014: $167,566Expenses 2014: $141,535Net Income 2014: $26,0312014Revenue 2015: $257,554Expenses 2015: $309,563Net Income 2015: -$52,0092015Revenue 2016: $91,241Expenses 2016: $197,039Net Income 2016: -$105,7982016Revenue 2017: $131,959Expenses 2017: $143,814Net Income 2017: -$11,8552017Revenue 2018: $179,767Expenses 2018: $220,750Net Income 2018: -$40,9832018Revenue 2019: $408,809Expenses 2019: $253,231Net Income 2019: $155,5782019Revenue 2020: $103,688Expenses 2020: $285,546Net Income 2020: -$181,8582020Revenue 2021: $230,008Expenses 2021: $187,403Net Income 2021: $42,6052021Revenue 2022: $136,257Expenses 2022: $194,358Net Income 2022: -$58,1012022Revenue 2023: $138,929Expenses 2023: $140,555Net Income 2023: -$1,6262023Revenue 2024: $297,188Expenses 2024: $191,962Net Income 2024: $105,2262024

Highlighted filing

2018

Revenue$179,767
Expenses$220,750
Net Income-$40,983
Jump To
Filing Snapshot
Filing Period
Jan 1, 2018 to Dec 31, 2018
Signed
Oct 30, 2019
Return Version
2018v3.1
Gross Receipts
$181,729
Mission and Program Overview

Mission

Restore, preserve and maintain historic vessels

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$1,216,004$1,131,323▼ $84,681
Land, Buildings, and Equipment, Net$329,202$303,292▼ $25,910
Cash and Non-Interest-Bearing Accounts$183,720$93,553▼ $90,167
Inventories for Sale or Use$8,300$8,300→ $0
Total Assets$1,737,226$1,536,468▼ $200,758
Liabilities
Accounts Payable and Accrued Expenses$6,533$20,934▲ $14,401
Total Liabilities$6,533$20,934▲ $14,401
Net Assets / Fund Balance
Permanently Rstr Net Assets$1,030,081$1,178,794▲ $148,713
Unrestricted Net Assets$553,573$242,963▼ $310,610
Temporarily Rstr Net Assets$147,039$93,777▼ $53,262
Total Net Assets Fund Balance$1,730,693$1,515,534▼ $215,159
Total Liabilities and Net Assets / Fund Balance$1,737,226$1,536,468▼ $200,758

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$303,292$199,560$502,852
Equipment$0$23,915$23,915
Land$0--

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2018$1,216,004-▼ $72,970$0$1,131,323
2017$1,283,828-▲ $160,092$217,168$1,216,004
2016$1,244,559-▲ $86,391$36,348$1,283,828
2015$1,611,381-▼ $39,972$315,267$1,244,559
2014$1,581,556-▲ $90,884$48,829$1,611,381
Compensation and Service Providers

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$42,476
Program Service Revenue
$37,634
Investment Income
$99,954
Other Revenue
$-297
All Other Contributions
$37,661
Change in Net Assets
$-40,983
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$153,706
Salaries, Compensation, and Employee Benefits$67,044
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$56,826$6,314$0$63,140
Other Expenses$45,918$0$0$45,918
Insurance$37,889$0$0$37,889
Depreciation Depletion$25,910$0$0$25,910
All Other Expenses$6,820$6,665$0$13,485
Fees for Service Investment Mgmnt Fees$0$11,711$0$11,711
Fees for Services Legal$0$8,500$0$8,500
Payroll Taxes$3,513$391$0$3,904
Office Expenses$0$3,392$0$3,392
Fees for Services Accounting$0$1,250$0$1,250
Payment Travel Entrtnmnt Publicly Ofcl$0$593$0$593
Information Technology$0$583$0$583
Travel$400$0$0$400
Total Functional Expenses$178,306$42,444$0$220,750
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
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
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
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No
Filing and Contact Details

Filer

Filer Name
Philadelphia Ship Preservation Guild
EIN
23-7272425
Phone
2152380280
Address
301 SOUTH COLUMBUS BLVD, PHILADELPHIA, PA 19106

Signing Officer

Name
Melissa Black-simmons
Title
Board President
Phone
2152380280
Signed
2019-10-30
Discuss with paid preparer
Yes

Organization Details

Formed
1978
Legal Domicile
Pa
Voting Board Members
9
Independent Board Members
9
Employees
4
Volunteers
139

Preparer

Firm
Renzi Bernardi Suarez & Co
Address
41 Kings Highway N, Cherry Hill, NJ 08034
Preparer
Edward A Suarez CPA MBA
Phone
8568587887
Supplemental Narrative

Additional Explanations

Pt VI, Line 12C

Reviewed by the board prior to filing.

Pt VI, Line 11B

Form 990 is reviewed by president and treasurer prior to filing.

Pt VI, Line 19

They can be examined upon request.

Form 990, Part IX, Line 24E

Miscellaneous 1849. 1664. 185. 0.

Form 990, Part IX, Line 24E

Telephone 1563. 1407. 156. 0.

Form 990, Part IX, Line 24E

Workers comp 2898. 2608. 290. 0.

Form 990, Part IX, Line 24E

Payroll proc fees 1534. 0. 1534. 0.

Form 990, Part IX, Line 24E

Other professional fees 4500. 0. 4500. 0.

Form 990, Part IX, Line 24E

LABOR 1141. 1141. 0. 0.

Financial Statement Notes

Pt III, Line 4

Vessel appearance and other fees.

Pt V, Line 4

Vessel appearance and other fees.

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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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IRS990/PymtTravelEntrtnmntPubOfclGrp/ManagementAndGeneralAmt0593
IRS990/PymtTravelEntrtnmntPubOfclGrp/ProgramServicesAmt00
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt0593
IRS990/PYOtherExpensesAmt0140581
IRS990/PYOtherRevenueAmt01333
IRS990/PYProgramServiceRevenueAmt024512
IRS990/PYRevenuesLessExpensesAmt0-11855
IRS990/PYSalariesCompEmpBnftPaidAmt03233
IRS990/PYTotalExpensesAmt0143814
IRS990/PYTotalRevenueAmt0131959
IRS990/QuidProQuoContributionsInd0true
IRS990/QuidProQuoContriDisclInd0true
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt0-40983
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt00
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt042476
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt032573
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt059048
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0210033
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt076682
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0420812
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt099954
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt061930
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt025529
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt028974
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt030014
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt0246401
IRS990ScheduleA/InvestmentIncomeCYPct00
IRS990ScheduleA/OtherIncome170Grp/TotalAmt00
IRS990ScheduleA/OtherSupportSumAmt00
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.63070
IRS990ScheduleA/PublicSupportCY509Pct00
IRS990ScheduleA/PublicSupportPY170Pct00.73980
IRS990ScheduleA/PublicSupportTotal170Amt0420812
IRS990ScheduleA/PublicSupportTotal509Amt00
IRS990ScheduleA/SubstantialContributorsTotAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt042476
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt032573
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt059048
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0210033
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt076682
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0420812
IRS990ScheduleA/TotalSupportAmt0667213
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/TotalAmt00
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/CollectionUsedPubExhibitionInd0X
IRS990ScheduleD/CYEndwmtFundGrp/AdministrativeExpensesAmt011711
IRS990ScheduleD/CYEndwmtFundGrp/BeginningYearBalanceAmt01216004
IRS990ScheduleD/CYEndwmtFundGrp/EndYearBalanceAmt01131323
IRS990ScheduleD/CYEndwmtFundGrp/InvestmentEarningsOrLossesAmt0-72970
IRS990ScheduleD/CYEndwmtFundGrp/OtherExpendituresAmt00
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/AdministrativeExpensesAmt010748
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/BeginningYearBalanceAmt01283828
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/EndYearBalanceAmt01216004
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt0160092
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/OtherExpendituresAmt0217168
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/AdministrativeExpensesAmt010774
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/BeginningYearBalanceAmt01244559
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/EndYearBalanceAmt01283828
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt086391
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/OtherExpendituresAmt036348
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/AdministrativeExpensesAmt011583
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/BeginningYearBalanceAmt01611381
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/EndYearBalanceAmt01244559
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt0-39972
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/OtherExpendituresAmt0315267
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/AdministrativeExpensesAmt012230
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/BeginningYearBalanceAmt01581556
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/EndYearBalanceAmt01611381
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt090884
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/OtherExpendituresAmt048829
IRS990ScheduleD/EndowmentsHeldRelatedOrgInd0false
IRS990ScheduleD/EndowmentsHeldUnrelatedOrgInd0false
IRS990ScheduleD/EquipmentGrp/BookValueAmt00
IRS990ScheduleD/EquipmentGrp/DepreciationAmt023915
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt023915
IRS990ScheduleD/LandGrp/BookValueAmt00
IRS990ScheduleD/LandGrp/InvestmentCostOrOtherBasisAmt00
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt0303292
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt0199560
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt0502852
IRS990ScheduleD/SolicitedAssetsSaleInd0false
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0VESSEL APPEARANCE AND OTHER FEES.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1VESSEL APPEARANCE AND OTHER FEES.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0Pt III, Line 4
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1Pt V, Line 4
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0303292
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0REVIEWED BY THE BOARD PRIOR TO FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1FORM 990 IS REVIEWED BY PRESIDENT AND TREASURER PRIOR TO FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THEY CAN BE EXAMINED UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3MISCELLANEOUS 1849. 1664. 185. 0.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4TELEPHONE 1563. 1407. 156. 0.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5WORKERS COMP 2898. 2608. 290. 0.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6PAYROLL PROC FEES 1534. 0. 1534. 0.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7OTHER PROFESSIONAL FEES 4500. 0. 4500. 0.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8LABOR 1141. 1141. 0. 0.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Pt VI, Line 12c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Pt VI, Line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Pt VI, Line 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc8Form 990, Part IX, Line 24e
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TemporarilyRstrNetAssetsGrp/BOYAmt0147039
IRS990/TemporarilyRstrNetAssetsGrp/EOYAmt093777
IRS990/TempOrPermanentEndowmentsInd0true
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt01737226
IRS990/TotalAssetsEOYAmt01536468

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