Civic Intelligence

Cape Cod Modern House Trust Inc.

990 • Fiscal year 2023 • EIN 26-0370352

Jan 01, 2023 to Dec 31, 2023 • Filed on Jun 20, 2024

PO Box 1191South Wellfleet, MA 02663

(508) 349-7616

Siviq Scores

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

Liabilities / Assets

78th percentile

0.36x

Higher debt load relative to assets than 78% of similar nonprofits.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2023

Liabilities / Revenue

86th percentile

0.84x

Higher debt load relative to revenue than 86% of similar nonprofits.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2023

Net Margin

87th percentile

41%

Higher net margin than 87% of similar nonprofits.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2023

Top Officer Pay

67th percentile

$100,000

Higher top officer pay than 67% of similar nonprofits.

Top officer pay equals 12.8% of source-year revenue.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2023

Asset Growth

95th percentile

107%

Faster asset growth than 95% of similar nonprofits.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2022 to 2023

Revenue Growth

91st percentile

96%

Faster revenue growth than 91% of similar nonprofits.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2022 to 2023

Assets

Up

$1,840,874

Up $950,379 (+107%) from 2022

Net Assets

Up

$1,185,787

Up $303,324 (+34%) from 2022

Liabilities

Up

$655,087

Up $647,055 (+8056%) from 2022

Revenue

Up

$780,862

Up $381,504 (+96%) from 2022

Expenses

Up

$460,739

Up $147,256 (+47%) from 2022

Net Income

Up

$320,123

Up $234,248 (+273%) from 2022

Historical Trend

Balance Sheet Trend

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

$4.0M$3.0M$2.0M$1.0M$0-$1.0MAssets 2010: $4,350Liabilities 2010: $13,932Net Assets 2010: -$9,5822010Assets 2011: $18,019Liabilities 2011: $3,554Net Assets 2011: $14,4652011Assets 2012: $25,744Liabilities 2012: $8,185Net Assets 2012: $17,5592012Assets 2013: $157,773Liabilities 2013: $28,062Net Assets 2013: $129,7112013Assets 2014: $273,166Liabilities 2014: $53,894Net Assets 2014: $219,2722014Assets 2015: $296,154Liabilities 2015: $3,416Net Assets 2015: $292,7382015Assets 2016: $293,031Liabilities 2016: $1,218Net Assets 2016: $291,8132016Assets 2017: $259,282Liabilities 2017: $0Net Assets 2017: $259,2822017Assets 2018: $417,561Liabilities 2018: $10,353Net Assets 2018: $407,2082018Assets 2019: $609,524Liabilities 2019: $105,646Net Assets 2019: $503,8782019Assets 2020: $745,728Liabilities 2020: $30,349Net Assets 2020: $715,3792020Assets 2021: $804,642Liabilities 2021: $8,054Net Assets 2021: $796,5882021Assets 2022: $890,495Liabilities 2022: $8,032Net Assets 2022: $882,4632022Assets 2023: $1,840,874Liabilities 2023: $655,087Net Assets 2023: $1,185,7872023Assets 2024: $3,689,496Liabilities 2024: $1,430,738Net Assets 2024: $2,258,7582024

Highlighted filing

2023

Assets$1,840,874
Liabilities$655,087
Net Assets$1,185,787

Operations Trend

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

$2.0M$1.5M$1.0M$500K$0-$500KRevenue 2010: $52,798Expenses 2010: $52,211Net Income 2010: $5872010Revenue 2011: $90,470Expenses 2011: $66,423Net Income 2011: $24,0472011Revenue 2012: $116,779Expenses 2012: $113,685Net Income 2012: $3,0942012Revenue 2013: $253,685Expenses 2013: $141,533Net Income 2013: $112,1522013Revenue 2014: $229,510Expenses 2014: $139,949Net Income 2014: $89,5612014Revenue 2015: $207,473Expenses 2015: $134,007Net Income 2015: $73,4662015Revenue 2016: $201,728Expenses 2016: $202,652Net Income 2016: -$9242016Revenue 2017: $166,056Expenses 2017: $198,587Net Income 2017: -$32,5312017Revenue 2018: $343,791Expenses 2018: $195,865Net Income 2018: $147,9262018Revenue 2019: $292,552Expenses 2019: $195,882Net Income 2019: $96,6702019Revenue 2020: $477,866Expenses 2020: $266,365Net Income 2020: $211,5012020Revenue 2021: $374,838Expenses 2021: $293,629Net Income 2021: $81,2092021Revenue 2022: $399,358Expenses 2022: $313,483Net Income 2022: $85,8752022Revenue 2023: $780,862Expenses 2023: $460,739Net Income 2023: $320,1232023Revenue 2024: $1,593,643Expenses 2024: $520,672Net Income 2024: $1,072,9712024

Highlighted filing

2023

Revenue$780,862
Expenses$460,739
Net Income$320,123
Jump To
Filing Snapshot
Filing Period
Jan 1, 2023 to Dec 31, 2023
Signed
Jun 20, 2024
Return Version
2023v5.0
Gross Receipts
$780,862
Mission and Program Overview

Mission

See miscellaneous statement #1

The preservation of, and research of, art and architecture on cape cod, massachusetts

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$301,909$834,002▲ $532,093
Land, Buildings, and Equipment, Net$587,585$551,983▼ $35,602
Loans From Officers Directors$4,869--
Accounts Receivable$1,001--
Total Assets$890,495$1,840,874▲ $950,379
Other Assets Total-$454,889-
Liabilities
Other Liabilities-$451,434-
Deferred Revenue-$174,900-
Accounts Payable and Accrued Expenses$3,163$28,753▲ $25,590
Total Liabilities$8,032$655,087▲ $647,055
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$882,463$718,181▼ $164,282
Net Assets With Donor Restrictions-$467,606-
Total Net Assets Fund Balance$882,463$1,185,787▲ $303,324
Total Liabilities and Net Assets / Fund Balance$890,495$1,840,874▲ $950,379

Asset Categories

AssetBook ValueDepreciationBasis
Leasehold Improvements$537,898$110,668$648,566
Other Land Buildings$14,085$21,805$35,890
Other Assets Org$25,000--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Peter McmahonExecutive DiPT$100,000$100,000

Board Members and Trustees

NameTitle
Jenny MonickPresident
Amanda RobinsonDirector
Tracy NeumannDirector
Virginia AdamsDirector
Michele YeelesClerk
Robert WarrenDiretcor
Rick HandmanTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$564,239
Program Service Revenue
$199,175
Investment Income
$4,003
Other Revenue
$13,445
All Other Contributions
$564,239
Change in Net Assets
$320,123

Audited Revenue Reconciliation

Revenue per Audited Statements
$780,862
Total Revenue per Audited Statements
$780,862
Total Revenue per Form 990
$780,862
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$317,148
Salaries, Compensation, and Employee Benefits$143,591
Total Fundraising Expense$15,918
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$100,356$26,762$6,690$133,808
Fees for Services Other$52,599$14,026$3,507$70,132
Insurance$26,070--$26,070
Depreciation Depletion$21,978--$21,978
Advertising$12,705-$4,235$16,940
Occupancy$13,185--$13,185
Payroll Taxes$7,337$1,957$489$9,783
Other Expenses$6,618$1,765$441$8,824
Office Expenses$6,528$1,741$435$8,704
All Other Expenses$1,808$482$121$2,411
Total Functional Expenses$398,088$46,733$15,918$460,739

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$460,739
Total Expenses per Audited Statements$460,739
Total Expenses per Form 990$460,739
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
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Loans from Officers, Directors, Trustees, and Key Employees$4,869--
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Lease Liabilities$451,434
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
No
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
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

Governance Explanations

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

Copy provided to signing members before, and others after fling

Form 990, Page 6, Part VI, Line 12C

The board regularly reviews this policy and discusses at board meetings.

Form 990, Page 6, Part VI, Line 15A

Reviewed by board of directors

Form 990, Page 6, Part VI, Line 19

Financial statements and other documents available upon request

Filing and Contact Details

Filer

Filer Name
Cape Cod Modern House Trust
EIN
26-0370352
Phone
5083497616
Address
PO BOX 1191, SOUTH WELLFLEET, MA 02663

Signing Officer

Name
Peter Mcmahon
Title
Executive Director
Phone
5083497616
Signed
2024-06-20
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Peter Mcmahon
Formed
2007
Legal Domicile
Ma
Voting Board Members
8
Independent Board Members
8
Employees
2

Preparer

Firm
Sanders Walsh & Eaton Cpas LLC
Address
PO BOX 670, SANDWICH, MA 02563
Preparer
Joseph F Mcgee CPA
Phone
7743385444
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 11G

52,599 14,026 3,507

Form 990, Part XI, Line 9

Cash to accrual adjustment 19,734

Raw XML AppendixShowing 400 of 439 raw XML fields

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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IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt021065
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt0667076
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IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt0110668
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IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt0429889
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt125000
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0OPERATING LEASE RIGHT OF USE ASSETS
IRS990ScheduleD/OtherAssetsOrgGrp/Desc1DEPOSIT ON REAL PROPERTY PURCHASE
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IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt021805
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt035890
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0451434
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0LEASE LIABILITIES
IRS990ScheduleD/RevenueSubtotalAmt0780862
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IRS990ScheduleD/TotalExpensesPerForm990Amt0460739
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0COPY PROVIDED TO SIGNING MEMBERS BEFORE, AND OTHERS AFTER FLING
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE BOARD REGULARLY REVIEWS THIS POLICY AND DISCUSSES AT BOARD MEETINGS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2REVIEWED BY BOARD OF DIRECTORS
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3FINANCIAL STATEMENTS AND OTHER DOCUMENTS AVAILABLE UPON REQUEST
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt452,599 14,026 3,507
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5CASH TO ACCRUAL ADJUSTMENT 19,734
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 15A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART IX, LINE 11G
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PART XI, LINE 9
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IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0398088
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Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$3.69$1.43$2.26$1.59$0.52$1.07
2023Detailed filing. Detailed filing data is available for this year.$1.84$0.66$1.19$0.78$0.46$0.32
2022Detailed filing. Detailed filing data is available for this year.$0.89$0.01$0.88$0.40$0.31$0.09
2021Detailed filing. Detailed filing data is available for this year.$0.80$0.01$0.80$0.37$0.29$0.08
2020Detailed filing. Detailed filing data is available for this year.$0.75$0.03$0.72$0.48$0.27$0.21
2019Detailed filing. Detailed filing data is available for this year.$0.61$0.11$0.50$0.29$0.20$0.10
2018Detailed filing. Detailed filing data is available for this year.$0.42$0.01$0.41$0.34$0.20$0.15
2017Detailed filing. Detailed filing data is available for this year.$0.26$0.00$0.26$0.17$0.20$0.03
2016Detailed filing. Detailed filing data is available for this year.$0.29$0.00$0.29$0.20$0.20$0.00
2015Detailed filing. Detailed filing data is available for this year.$0.30$0.00$0.29$0.21$0.13$0.07
2014Detailed filing. Detailed filing data is available for this year.$0.27$0.05$0.22$0.23$0.14$0.09
2013Detailed filing. Detailed filing data is available for this year.$0.16$0.03$0.13$0.25$0.14$0.11
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.03$0.01$0.02$0.12$0.11$0.00
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.02$0.00$0.01$0.09$0.07$0.02
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.00$0.01$0.01$0.05$0.05$0.00