Civic Intelligence

Springfield Preservation Trust Inc

990EZ • Fiscal year 2019 • EIN 23-7309820

Jul 01, 2018 to Jun 30, 2019 • Filed on Sep 17, 2019

74 Walnut StreetSpringfield, MA 01105

(413) 747-0656

Siviq Scores

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

Liabilities / Assets

Score unavailable

No value available

Liabilities-to-assets requires both liabilities and assets on this filing.

Source year 2019

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on this filing.

Source year 2019

Net Margin

91st percentile

50%

Higher net margin than 91% 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

71st percentile

20%

Faster asset growth than 71% of similar nonprofits.

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

Revenue Growth

64th percentile

11%

Faster revenue growth than 64% of similar nonprofits.

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

Assets

Up

$119,677

Up $19,812 (+20%) from 2018

Net Assets

Up

$119,677

Up $19,957 (+20%) from 2018

Liabilities

-

No earlier filing loaded for comparison.

Revenue

Up

$40,037

Up $4,101 (+11%) from 2018

Expenses

Up

$20,080

Up $2,885 (+17%) from 2018

Net Income

Up

$19,957

Up $1,216 (+6.5%) from 2018

Historical Trend

Balance Sheet Trend

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

$400K$300K$200K$100K$0Assets 2014: $369,583Liabilities 2014: $4,500Net Assets 2014: $365,0832014Assets 2015: $63,796Net Assets 2015: $63,7962015Assets 2017: $80,979Net Assets 2017: $80,9792017Assets 2018: $99,865Liabilities 2018: $145Net Assets 2018: $99,7202018Assets 2019: $119,677Net Assets 2019: $119,6772019Assets 2020: $128,362Net Assets 2020: $128,3622020Assets 2022: $139,186Liabilities 2022: $599Net Assets 2022: $138,5872022Assets 2023: $350,517Liabilities 2023: $160,421Net Assets 2023: $190,0962023

Highlighted filing

2019

Assets$119,677
Liabilities-
Net Assets$119,677

Operations Trend

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

$200K$0-$200K-$400KRevenue 2014: $63,323Expenses 2014: $39,196Net Income 2014: $24,1272014Revenue 2015: -$278,805Expenses 2015: $22,480Net Income 2015: -$301,2852015Revenue 2017: $23,489Expenses 2017: $15,618Net Income 2017: $7,8712017Revenue 2018: $35,936Expenses 2018: $17,195Net Income 2018: $18,7412018Revenue 2019: $40,037Expenses 2019: $20,080Net Income 2019: $19,9572019Revenue 2020: $34,290Expenses 2020: $25,607Net Income 2020: $8,6832020Revenue 2022: $43,847Expenses 2022: $41,955Net Income 2022: $1,8922022Revenue 2023: $100,021Expenses 2023: $48,513Net Income 2023: $51,5082023

Highlighted filing

2019

Revenue$40,037
Expenses$20,080
Net Income$19,957
Jump To
Filing Snapshot
Filing Period
Jul 1, 2018 to Jun 30, 2019
Signed
Sep 17, 2019
Return Version
2018v3.1
Gross Receipts
$40,037
Mission and Program Overview

Mission

The mission of the organization is to preserve and protect properties in springfield, massachusetts which have architectural, historic, educational, or general cultural significance for public edification and enjoyment.

Program Services

DescriptionGrantsExpenses
QUARTERLY NEWSLETTERS AND WEBSITE - UPDATES MEMBERS OF THE ACTIVITIES OF THE ORGANIZATION. UPCOMING EVENTS, DESCRIPTIONS OF PAST EVENTS, PRESERVATION ADVOCACY UPDATES, BUILDING PRESERVATION AND SPRINGFIELD HISTORY ARE SOME OF THE MOST COMMON TOPICS. ANNUAL MEETING AS WELL AS OTHER EVENTS ARE PLANNED AND CONDUCTED TO HELP PROMOTE THE PRESERVATION OF HISTORICAL SITES THROUGH OUT SPRINGFIELD, MA.-$15,149
HISTORIC HOUSE TOURS - HISTORIC ASSETS OF SPRINGFIELD ARE SHOWCASED WHEN HOMEOWNERS OPEN THEIR HOMES AND HELP BRING APPRECIATION AND EDUCATION TO THE PUBLIC ABOUT HISTORIC PRESERVATION.-$2,793
ANNUAL AWARDS - THE PRESERVATION AWARDS HONOR THE PEOPLE AND ORGANIZATIONS THAT HELP RESTORE HISTORIC STRUCTURES IN SPRINGFIELD, MASSACHUSETTS. EVERY YEAR THE ORGANIZATION SHOWCASES EXEMPLARY PROPERTIES THAT REPRESENT THE BEST PRESERVATION IN SPRINGFIELD OVER THE PREVIOUS YEAR.--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
DEREK STRAHANPresident-$0--
JOANNE CARDELLVice Preside-$0--
MARILYN SUTINTreasurer-$0--
MICHAEL STEVENSSecretary-$0--
JOHN BELLOWSDirector-$0--
JIM BOONEDirector-$0--
STEPHEN DAVISDirector-$0--
MELVIN A EDWARDSDirector-$0--
ROBERTA KILKENNYDirector-$0--
JESSE LEDERMANDirector-$0--
ROBERT LOUDERDirector-$0--
ROBERT MCCARROLLDirector-$0--
BRYAN JAMES MCFARLANDDirector-$0--
DENISE MOCCIADirector-$0--
Filing and Contact Details

Filer

Filer Name
Springfield Preservation Trust
EIN
23-7309820
Phone
4137470656
Address
74 WALNUT STREET, SPRINGFIELD, MA 01105

Signing Officer

Name
Derek Strahan
Title
President
Phone
4137363461
Signed
2019-09-17
Discuss with paid preparer
Yes

Preparer

Firm
Burgess Schultz & Robb Pc
Address
PO BOX 467, EAST LONGMEADOW, MA 01028-0467
Preparer
N Andrew Robb
Phone
4135250025
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 16

Expenses advertising 679 office expenses 620 bank and credit card fees 170 telephone 1,461 web hosting 888 insurance 2,088 annual filing fees 50 donation 650 event expenses 2,793 miscellaneous 923 total 10,322

Form 990-ez, Part II, Line 24

Accounts receivable 200 0 total 200 0

Form 990-ez, Part II, Line 26

Accounts payable and accrued expenses 145 0

Form 990-ez, Part III

The mission of the organization is to preserve and protect properties in springfield, massachusetts which have architectural, historic, educational, or general cultural significance for public edification and enjoyment.

Form 990-ez, Part III, Line 28

Annual awards - the preservation awards honor the people and organizations that help restore historic structures in springfield, massachusetts. Every year the organization showcases exemplary properties that represent the best preservation in springfield over the previous year.

Form 990-ez, Part III, Line 31

Quarterly newsletters and website - updates members of the activities of the organization. Upcoming events, descriptions of past events, preservation advocacy updates, building preservation and springfield history are some of the most common topics. Annual meeting as well as other events are planned and conducted to help promote the preservation of historical sites through out springfield, ma.

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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0EXPENSES ADVERTISING 679 OFFICE EXPENSES 620 BANK AND CREDIT CARD FEES 170 TELEPHONE 1,461 WEB HOSTING 888 INSURANCE 2,088 ANNUAL FILING FEES 50 DONATION 650 EVENT EXPENSES 2,793 MISCELLANEOUS 923 TOTAL 10,322
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1ACCOUNTS RECEIVABLE 200 0 TOTAL 200 0
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2ACCOUNTS PAYABLE AND ACCRUED EXPENSES 145 0
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE MISSION OF THE ORGANIZATION IS TO PRESERVE AND PROTECT PROPERTIES IN SPRINGFIELD, MASSACHUSETTS WHICH HAVE ARCHITECTURAL, HISTORIC, EDUCATIONAL, OR GENERAL CULTURAL SIGNIFICANCE FOR PUBLIC EDIFICATION AND ENJOYMENT.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4ANNUAL AWARDS - THE PRESERVATION AWARDS HONOR THE PEOPLE AND ORGANIZATIONS THAT HELP RESTORE HISTORIC STRUCTURES IN SPRINGFIELD, MASSACHUSETTS. EVERY YEAR THE ORGANIZATION SHOWCASES EXEMPLARY PROPERTIES THAT REPRESENT THE BEST PRESERVATION IN SPRINGFIELD OVER THE PREVIOUS YEAR.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5QUARTERLY NEWSLETTERS AND WEBSITE - UPDATES MEMBERS OF THE ACTIVITIES OF THE ORGANIZATION. UPCOMING EVENTS, DESCRIPTIONS OF PAST EVENTS, PRESERVATION ADVOCACY UPDATES, BUILDING PRESERVATION AND SPRINGFIELD HISTORY ARE SOME OF THE MOST COMMON TOPICS. ANNUAL MEETING AS WELL AS OTHER EVENTS ARE PLANNED AND CONDUCTED TO HELP PROMOTE THE PRESERVATION OF HISTORICAL SITES THROUGH OUT SPRINGFIELD, MA.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART II, LINE 24
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART II, LINE 26
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990-EZ, PART III
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990-EZ, PART III, LINE 28
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990-EZ, PART III, LINE 31
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ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0EAST LONGMEADOW
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0MA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0010280467
ReturnHeader/PreparerPersonGrp/PhoneNum04135250025
ReturnHeader/PreparerPersonGrp/PreparationDt02019-09-17
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0N ANDREW ROBB
ReturnHeader/ReturnTs02019-10-18T10:25:37-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02018-07-01
ReturnHeader/TaxPeriodEndDt02019-06-30
ReturnHeader/TaxYr02018

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Filings

Peer Organizations

Similar nonprofits based on the same Siviq industry and scale cohort. 2019 filings • 501(c)3 • <$500k nonprofits