Civic Intelligence

Capital Area Preservation Inc

EIN 23-7288999 • 501(c)3 • Raleigh, NC

Profile

HISTORIC PRESERVATION

P O Box 28072Raleigh, NC 27611

www.cappresinc.org

Siviq Scores

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

Liabilities / Assets

25th percentile

0.02x

Higher debt load relative to assets than 25% of similar nonprofits.

501(c)3 • $5M-$10M nonprofits • Source year 2022

Liabilities / Revenue

55th percentile

0.19x

Higher debt load relative to revenue than 55% of similar nonprofits.

501(c)3 • $5M-$10M nonprofits • Source year 2022

Net Margin

93rd percentile

66%

Higher net margin than 93% of similar nonprofits.

501(c)3 • $5M-$10M nonprofits • Source year 2022

Top Officer Pay

Score unavailable

No value available

No filing with officer rows is available for this organization yet.

Asset Growth

55th percentile

6.4%

Faster asset growth than 55% of similar nonprofits.

501(c)3 • $5M-$10M nonprofits • Annualized from 2020 to 2022

Revenue Growth

52nd percentile

8.1%

Faster revenue growth than 52% of similar nonprofits.

501(c)3 • $5M-$10M nonprofits • Annualized from 2020 to 2022

Assets

Up

$8,278,495

Up $968,529 (+13%) from 2020

Liabilities

Up

$146,786

Up $111,821 (+320%) from 2020

Net Assets

Up

$8,131,709

Up $856,708 (+12%) from 2020

Revenue

Up

$761,504

Up $109,252 (+17%) from 2020

Expenses

Up

$256,757

Up $10,045 (+4.1%) from 2020

Net Income

Up

$504,747

Up $99,207 (+24%) from 2020

Trend Graphs

Balance Sheet Trend

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

$10M$5.0M$0Assets 2014: $4,936,763Liabilities 2014: $82,560Net Assets 2014: $4,854,2032014Assets 2015: $4,926,728Liabilities 2015: $87,998Net Assets 2015: $4,838,7302015Assets 2016: $5,347,417Liabilities 2016: $83,838Net Assets 2016: $5,263,5792016Assets 2018: $6,378,638Liabilities 2018: $237,215Net Assets 2018: $6,141,4232018Assets 2019: $6,583,082Liabilities 2019: $258,191Net Assets 2019: $6,324,8912019Assets 2020: $7,309,966Liabilities 2020: $34,965Net Assets 2020: $7,275,0012020Assets 2022: $8,278,495Liabilities 2022: $146,786Net Assets 2022: $8,131,7092022

Highlighted filing

2022

Assets$8,278,495
Liabilities$146,786
Net Assets$8,131,709

Operations Trend

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

$1.0M$500K$0-$500KRevenue 2014: $154,205Expenses 2014: $191,209Net Income 2014: -$37,0042014Revenue 2015: $172,909Expenses 2015: $188,382Net Income 2015: -$15,4732015Revenue 2016: $634,260Expenses 2016: $209,411Net Income 2016: $424,8492016Revenue 2018: $997,703Expenses 2018: $227,713Net Income 2018: $769,9902018Revenue 2019: $442,716Expenses 2019: $259,248Net Income 2019: $183,4682019Revenue 2020: $652,252Expenses 2020: $246,712Net Income 2020: $405,5402020Revenue 2022: $761,504Expenses 2022: $256,757Net Income 2022: $504,7472022

Highlighted filing

2022

Revenue$761,504
Expenses$256,757
Net Income$504,747

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jul 1, 2021 to Jun 30, 2022
Signed
May 9, 2022
Return Version
2021v4.0
Gross Receipts
$916,839
Mission and Program Overview

Mission

HISTORIC PRESERVATION

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$296,042$350,387▲ $54,345
Prepaid Expenses and Deferred Charges$4,532--
Investments in Publicly Traded Securities-$2,212-
Total Assets$7,792,756$8,278,495▲ $485,739
Other Assets Total$7,492,182$7,925,896▲ $433,714
Liabilities
Other Liabilities$164,579$145,779▼ $18,800
Accounts Payable and Accrued Expenses$1,215$1,007▼ $208
Total Liabilities$165,794$146,786▼ $19,008
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$7,501,995$8,044,769▲ $542,774
Net Assets With Donor Restrictions$124,967$86,940▼ $38,027
Total Net Assets Fund Balance$7,626,962$8,131,709▲ $504,747
Total Liabilities and Net Assets / Fund Balance$7,792,756$8,278,495▲ $485,739

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings-$9,062$9,062
Other Assets Org$85,566--
Compensation and Service Providers

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$602,154
Program Service Revenue
$145,567
Investment Income
$13,783
Other Revenue
$0
All Other Contributions
$602,154
Change in Net Assets
$504,747

Noncash Contribution Practices

Property subject to holding requirements
No
Reviewed unusual noncash gifts
No
Third parties used for noncash contributions
No

Noncash Contributions

Contribution TypeContribution CountReported Amount
Qualified Contrib Hist Struct1$570,800
Total Noncash Contributions1$570,800

Audited Revenue Reconciliation

Revenue per Audited Statements
$761,504
Total Revenue per Audited Statements
$761,504
Total Revenue per Form 990
$761,504
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$194,447
Other Expenses$62,310
Total Fundraising Expense$1,731
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$168,786$1,238$743$170,767
Occupancy-$24,215-$24,215
Payroll Taxes$12,050$655$393$13,098
Other Employee Benefits$9,736$529$317$10,582
Fees for Services Accounting-$9,528-$9,528
Insurance$7,553$1,888-$9,441
Office Expenses$7,092$602$278$7,972
Fees for Services Legal-$1,764-$1,764
Travel$1,059--$1,059
Other Expenses$720$413-$720
All Other Expenses$649--$649
Total Functional Expenses$214,194$40,832$1,731$256,757

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$256,757
Total Expenses per Audited Statements$256,757
Total Expenses per Form 990$256,757
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
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Lease Liability$86,879
Loan From Fuquay Varina$50,000
Accrued Payroll & Payroll Taxes$5,384
Accrued Vacation$3,516
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
Annual disclosure for covered persons
Yes
Business relationship with 35% controlled entity
No
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

Governance Explanations

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

The governing board reviews the tax return prior to submission

Form 990, Page 6, Part VI, Line 19

Governing documents are provided to the public on an as requested basis

Filing and Contact Details

Filer

Filer Name
Capital Area Preservation Inc
EIN
23-7288999
Phone
9198336404
Address
P O BOX 28072, RALEIGH, NC 27611

Signing Officer

Name
Gary Roth
Title
Pres/CEO
Phone
9198336404
Signed
2022-05-09

Organization Details

Principal Officer
Gary Roth
Formed
1972
Legal Domicile
Nc
Voting Board Members
9
Independent Board Members
9
Employees
2

Preparer

Firm
Mitchell & Nemitz Pa
Address
12324 HAMPTON WAY DR STE 201, WAKE FOREST, NC 27587-6543
Preparer
Miriam L Waters CPA
Phone
9195569500
Supplemental Narrative

Additional Explanations

Form 990, Page 1, Part I, Line 6

Volunteers assist with many different areas of the organization including monitoring and inspecting properties that have conservation easements and various operating activities.

Financial Statement Notes

Schedule D, Page 1, Part II, Line 9

The receipt of a conservation easement is reported as revenue on the statement of activities and as an asset on the organization's statement of financial position based on the value of the easement received.

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IRS990ScheduleD/OtherAssetsOrgGrp/Desc0PRESERVATION EASEMENTS & COVENANTS
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IRS990ScheduleD/OtherAssetsOrgGrp/Desc2ANTIQUE FURNITURE & ACCESSORIES
IRS990ScheduleD/OtherAssetsOrgGrp/Desc3HISTORIC PROPERTIES HELD FOR RESALE
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IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0LEASE LIABILITY
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IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc2ACCRUED PAYROLL & PAYROLL TAXES
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc3ACCRUED VACATION
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0VOLUNTEERS ASSIST WITH MANY DIFFERENT AREAS OF THE ORGANIZATION INCLUDING MONITORING AND INSPECTING PROPERTIES THAT HAVE CONSERVATION EASEMENTS AND VARIOUS OPERATING ACTIVITIES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE GOVERNING BOARD REVIEWS THE TAX RETURN PRIOR TO SUBMISSION
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2GOVERNING DOCUMENTS ARE PROVIDED TO THE PUBLIC ON AN AS REQUESTED BASIS
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 1, PART I, LINE 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 19
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IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt07792756
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt08278495
IRS990/TravelGrp/ProgramServicesAmt01059
IRS990/TravelGrp/TotalAmt01059
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IRS990/TypeOfOrganizationCorpInd0X
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IRS990/UponRequestInd0X
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IRS990/WebsiteAddressTxt0WWW.CAPPRESINC.ORG
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02023-04-26 12:10:37Z
ReturnHeader/BusinessOfficerGrp/PersonNm0GARY ROTH
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRES/CEO
ReturnHeader/BusinessOfficerGrp/PhoneNum09198336404
ReturnHeader/BusinessOfficerGrp/SignatureDt02022-05-09
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0CAPITAL AREA PRESERVATION INC
ReturnHeader/Filer/BusinessNameControlTxt0CAPI
ReturnHeader/Filer/EIN0237288999
ReturnHeader/Filer/PhoneNum09198336404
ReturnHeader/Filer/USAddress/AddressLine1Txt0P O BOX 28072
ReturnHeader/Filer/USAddress/CityNm0RALEIGH
ReturnHeader/Filer/USAddress/StateAbbreviationCd0NC
ReturnHeader/Filer/USAddress/ZIPCd027611
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0561952467
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0MITCHELL & NEMITZ PA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt012324 HAMPTON WAY DR STE 201
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0WAKE FOREST
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0NC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0275876543
ReturnHeader/PreparerPersonGrp/PhoneNum09195569500

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