Civic Intelligence

Preserve Hickory

990EZ • Fiscal year 2023 • EIN 27-3541173

Jan 01, 2023 to Dec 31, 2023 • Filed on Mar 21, 2024

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

58th percentile

0.00x

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

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Liabilities / Revenue

59th percentile

0.00x

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

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Net Margin

5th percentile

-138%

Higher net margin than 5% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Top Officer Pay

78th percentile

$0

Higher top officer pay than 78% of similar nonprofits.

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

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Asset Growth

32nd percentile

-10%

Faster asset growth than 32% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Annualized from 2022 to 2023

Revenue Growth

3rd percentile

-91%

Faster revenue growth than 3% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Annualized from 2022 to 2023

Assets

Down

$212,220

Down $23,594 (-10%) from 2022

Net Assets

Down

$212,220

Down $23,594 (-10%) from 2022

Liabilities

Flat

$0

Flat from 2022

Revenue

Down

$17,100

Down $173,600 (-91%) from 2022

Expenses

Down

$40,694

Down $296,899 (-88%) from 2022

Net Income

Up

-$23,594

Up $123,299 (+84%) from 2022

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

2023

Assets$212,220
Liabilities$0
Net Assets$212,220

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

2023

Revenue$17,100
Expenses$40,694
Net Income-$23,594
Jump To
Filing Snapshot
Filing Period
Jan 1, 2023 to Dec 31, 2023
Signed
Mar 21, 2024
Return Version
2023v5.0
Gross Receipts
$17,100
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.

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.

Program Services

DescriptionGrantsExpenses
PRESERVE HICKORY WAS ESTABLISHED IN 2010 TO PRESERVE HICKORY HILLS AS A PUBLIC PARK FOR FUTURE GENERATIONS. THROUGH STORYTELLING, COLLABORATION, PLANNING, OUTREACH, AND PUBLIC INPUT, PRESERVE HICKORY, IN PARTNERSHIP WITH THE CITY OF TRAVERSE CITY, LEVERAGED, RAISED, AND INVESTED OVER $4 MILLION FOR THE PARK'S INFRASTRUCTURE INCLUDING A NEW LODGE, NEW PARKING, EXPANDED SNOWMAKING OPERATIONS, NEW MULTI-PURPOSE TRAILS, NEW SKI SLOPES, AND A NEW LEARNER'S AREA. THE SHARED VISION OF PRESERVE HICKORY AND THE CITY IS TO TRANSFORM HICKORY HILLS BY REVITALIZING ITS INFRASTRUCTURE, EXPANDING RECREATIONAL ACTIVITIES ACROSS ALL SEASONS, CREATING NEW REVENUE SOURCES FOR LONG-TERM SUSTAINABILITY, AND COLLABORATING WITH ADJOINING PARKS, NONPROFITS, AND USER GROUPS TO DEVELOP AND IMPROVE RECREATION AMENITIES.$0$0
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
MAUREEN MADIONSecretaryPT$0--
MICHAEL MCCLELLANDDirector-$0--
ERIC OKERSTROMDirector-$0--
RENEE HUCKLE MITTLESTAEDTDirector-$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
2024-03-21
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: 20.

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

Description: bank charges. Amount: 94. Description: licenses. Amount: 20. Description: website. Amount: 325. Description: snow gun. Amount: 29,000. Description: nordic trail improvement. Amount: 1,235. Description: ski patrol equipment. Amount: 5,000. Description: dues and fees. Amount: 45. Description: site management. Amount: 3,200. Total to form 990-ez, line 16: 38,919.

Raw XML Appendix192 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/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.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0PRESERVE HICKORY WAS ESTABLISHED IN 2010 TO PRESERVE HICKORY HILLS AS A PUBLIC PARK FOR FUTURE GENERATIONS. THROUGH STORYTELLING, COLLABORATION, PLANNING, OUTREACH, AND PUBLIC INPUT, PRESERVE HICKORY, IN PARTNERSHIP WITH THE CITY OF TRAVERSE CITY, LEVERAGED, RAISED, AND INVESTED OVER $4 MILLION FOR THE PARK'S INFRASTRUCTURE INCLUDING A NEW LODGE, NEW PARKING, EXPANDED SNOWMAKING OPERATIONS, NEW MULTI-PURPOSE TRAILS, NEW SKI SLOPES, AND A NEW LEARNER'S AREA. THE SHARED VISION OF PRESERVE HICKORY AND THE CITY IS TO TRANSFORM HICKORY HILLS BY REVITALIZING ITS INFRASTRUCTURE, EXPANDING RECREATIONAL ACTIVITIES ACROSS ALL SEASONS, CREATING NEW REVENUE SOURCES FOR LONG-TERM SUSTAINABILITY, AND COLLABORATING WITH ADJOINING PARKS, NONPROFITS, AND USER GROUPS TO DEVELOP AND IMPROVE RECREATION AMENITIES.
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0DESCRIPTION: INTEREST INCOME. AMOUNT: 20.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1DESCRIPTION: BANK CHARGES. AMOUNT: 94. DESCRIPTION: LICENSES. AMOUNT: 20. DESCRIPTION: WEBSITE. AMOUNT: 325. DESCRIPTION: SNOW GUN. AMOUNT: 29,000. DESCRIPTION: NORDIC TRAIL IMPROVEMENT. AMOUNT: 1,235. DESCRIPTION: SKI PATROL EQUIPMENT. AMOUNT: 5,000. DESCRIPTION: DUES AND FEES. AMOUNT: 45. DESCRIPTION: SITE MANAGEMENT. AMOUNT: 3,200. TOTAL TO FORM 990-EZ, LINE 16: 38,919.
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