Civic Intelligence

Preserve Hickory

990EZ • Fiscal year 2021 • EIN 27-3541173

Jan 01, 2021 to Dec 31, 2021 • Filed on Nov 02, 2022

233 N Madison StreetTraverse City, MI 49684

(231) 883-4475

Siviq Scores

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

Liabilities / Assets

56th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Liabilities / Revenue

56th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Net Margin

98th percentile

98%

Higher net margin than 98% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

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.

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Asset Growth

71st percentile

27%

Faster asset growth than 71% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Annualized from 2020 to 2021

Revenue Growth

46th percentile

-0.5%

Faster revenue growth than 46% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Annualized from 2020 to 2021

Assets

Up

$382,707

Up $81,789 (+27%) from 2020

Net Assets

Up

$382,707

Up $81,789 (+27%) from 2020

Liabilities

Flat

$0

Flat from 2020

Revenue

Down

$83,528

Down $378 (-0.5%) from 2020

Expenses

Down

$1,739

Down $63,090 (-97%) from 2020

Net Income

Up

$81,789

Up $62,712 (+329%) from 2020

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 2015: $413,975Liabilities 2015: $0Net Assets 2015: $413,9752015Assets 2016: $1,702,314Liabilities 2016: $0Net Assets 2016: $1,702,3142016Assets 2017: $1,903,706Liabilities 2017: $0Net Assets 2017: $1,903,7062017Assets 2018: $210,082Liabilities 2018: $0Net Assets 2018: $210,0822018Assets 2019: $281,841Liabilities 2019: $0Net Assets 2019: $281,8412019Assets 2020: $300,918Liabilities 2020: $0Net Assets 2020: $300,9182020Assets 2021: $382,707Liabilities 2021: $0Net Assets 2021: $382,7072021Assets 2022: $235,814Liabilities 2022: $0Net Assets 2022: $235,8142022Assets 2023: $212,220Liabilities 2023: $0Net Assets 2023: $212,2202023Assets 2024: $247,661Liabilities 2024: $46,875Net Assets 2024: $200,7862024

Highlighted filing

2021

Assets$382,707
Liabilities$0
Net Assets$382,707

Operations Trend

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

$2.0M$1.0M$0-$1.0M-$2.0MRevenue 2015: $434,557Expenses 2015: $42,675Net Income 2015: $391,8822015Revenue 2016: $1,344,665Expenses 2016: $56,326Net Income 2016: $1,288,3392016Revenue 2017: $261,065Expenses 2017: $59,673Net Income 2017: $201,3922017Revenue 2018: $253,914Expenses 2018: $1,947,538Net Income 2018: -$1,693,6242018Revenue 2019: $177,204Expenses 2019: $105,445Net Income 2019: $71,7592019Revenue 2020: $83,906Expenses 2020: $64,829Net Income 2020: $19,0772020Revenue 2021: $83,528Expenses 2021: $1,739Net Income 2021: $81,7892021Revenue 2022: $190,700Expenses 2022: $337,593Net Income 2022: -$146,8932022Revenue 2023: $17,100Expenses 2023: $40,694Net Income 2023: -$23,5942023Revenue 2024: $3,537Expenses 2024: $14,971Net Income 2024: -$11,4342024

Highlighted filing

2021

Revenue$83,528
Expenses$1,739
Net Income$81,789
Jump To
Filing Snapshot
Filing Period
Jan 1, 2021 to Dec 31, 2021
Signed
Nov 2, 2022
Return Version
2021v4.2
Gross Receipts
$83,528
Mission and Program Overview

Mission

Established in 2010, preserve hickory's mission is to ensure that hickory hills, a public ski park established in 1952, is preserved as originally intended: offering safe, affordable and publicly accessible recreation to area residents, especially youth. Preserve hickory's goals are as follows: (1) support the implementation of the hickory hills long-range master plan; (2) lead a two-phase, capital campaign leveraging the city's $1.5 million brown bridge trust parks improvement pledge to fully implement the plan; (3) preserve the much-loved, rustic nature of the park while improving trails, infrastructure and accessibility; (4) collaborate with passionate, park user groups, schools and community partners; (5) advocate for park support within city government; and (6) in conjunction with the city, develop a long-term revenue model for sustainable park operations.

Program Services

DescriptionGrantsExpenses
THE ORGANIZATION RECEIVED A $1.5 MILLION PLEDGE FROM THE CITY OF TRAVERSE CITY'S BROWN BRIDGE TRUST PARKS IMPROVEMENT FUND FOR SIGNIFICANT CAPITAL IMPROVEMENTS INCLUDING A NEW LODGE, PARKING FACILITIES AND TRAIL ENHANCEMENTS AT THE CITY-OWNED HICKORY HILLS SKI AREA. THE ORGANIZATION IS CHARGED WITH RAISING A MATCHING $1.5 MILLION TO CLAIM THE CITY FUNDS.$0$0
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
MAUREEN MADIONSecretaryPT$0--
MICHAEL MCCLELLANDDirector-$0--
LOREN BENSLEYDirector-$0--
LAURA NESSPresident/ TreasurerPT$0--
MATTHEW MADION MDVice President-$0--
Filing and Contact Details

Filer

Filer Name
Preserve Hickory
EIN
27-3541173
Phone
2318834475
Address
233 N MADISON STREET, TRAVERSE CITY, MI 49684

Signing Officer

Name
Laura Ness
Title
President
Phone
2318834475
Signed
2022-11-02
Discuss with paid preparer
Yes

Preparer

Firm
Dgn LLC
Address
PO BOX 947, TRAVERSE CITY, MI 49685-0947
Preparer
Aaron J Mansfield CPA
Phone
2319461722
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 8 - Other Revenue

Description: interest income. Amount: 28.

Form 990-ez, Part I, Line 16 - Other Expenses

Description: bank charges. Amount: 44. Description: licenses. Amount: 20. Description: website. Amount: 325. Total to form 990-ez, line 16: 389.

Raw XML Appendix187 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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IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm4MATTHEW MADION MD
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0SECRETARY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3PRESIDENT/ TREASURER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4VICE PRESIDENT
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IRS990EZ/PrimaryExemptPurposeTxt0ESTABLISHED IN 2010, PRESERVE HICKORY'S MISSION IS TO ENSURE THAT HICKORY HILLS, A PUBLIC SKI PARK ESTABLISHED IN 1952, IS PRESERVED AS ORIGINALLY INTENDED: OFFERING SAFE, AFFORDABLE AND PUBLICLY ACCESSIBLE RECREATION TO AREA RESIDENTS, ESPECIALLY YOUTH. PRESERVE HICKORY'S GOALS ARE AS FOLLOWS: (1) SUPPORT THE IMPLEMENTATION OF THE HICKORY HILLS LONG-RANGE MASTER PLAN; (2) LEAD A TWO-PHASE, CAPITAL CAMPAIGN LEVERAGING THE CITY'S $1.5 MILLION BROWN BRIDGE TRUST PARKS IMPROVEMENT PLEDGE TO FULLY IMPLEMENT THE PLAN; (3) PRESERVE THE MUCH-LOVED, RUSTIC NATURE OF THE PARK WHILE IMPROVING TRAILS, INFRASTRUCTURE AND ACCESSIBILITY; (4) COLLABORATE WITH PASSIONATE, PARK USER GROUPS, SCHOOLS AND COMMUNITY PARTNERS; (5) ADVOCATE FOR PARK SUPPORT WITHIN CITY GOVERNMENT; AND (6) IN CONJUNCTION WITH THE CITY, DEVELOP A LONG-TERM REVENUE MODEL FOR SUSTAINABLE PARK OPERATIONS.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0THE ORGANIZATION RECEIVED A $1.5 MILLION PLEDGE FROM THE CITY OF TRAVERSE CITY'S BROWN BRIDGE TRUST PARKS IMPROVEMENT FUND FOR SIGNIFICANT CAPITAL IMPROVEMENTS INCLUDING A NEW LODGE, PARKING FACILITIES AND TRAIL ENHANCEMENTS AT THE CITY-OWNED HICKORY HILLS SKI AREA. THE ORGANIZATION IS CHARGED WITH RAISING A MATCHING $1.5 MILLION TO CLAIM THE CITY FUNDS.
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TransferPrsnlBnftContractsDecl/DeclarationDesc0THE ORGANIZATION DID NOT, DURING THE YEAR, RECEIVE ANY FUNDS, DIRECTLY,OR INDIRECTLY, TO PAY PREMIUMS ON A PERSONAL BENEFIT CONTRACT.THE ORGANIZATION, DID NOT, DURING THE YEAR, PAY ANY PREMIUMS, DIRECTLY,OR INDIRECTLY, ON A PERSONAL BENEFIT CONTRACT.
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ReturnHeader/Filer/PhoneNum02318834475
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ReturnHeader/PreparerPersonGrp/PreparationDt02022-10-19
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ReturnHeader/ReturnTs02022-11-07T07:21:31-06:00
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