Civic Intelligence

Packard Automobile Classics Inc

990 • Fiscal year 2018 • EIN 31-1362569

Dec 01, 2017 to Nov 30, 2018 • Filed on Mar 04, 2018

Organization ProfileWWW.PACKARDCLUB.ORG
851 NW 45th St Suite 306Kansas City, MO 64116-4613

(816) 842-7878

Siviq Scores

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

Liabilities / Assets

59th percentile

0.00x

Higher debt load relative to assets than 59% of similar nonprofits.

2018 filings • 501(c)7 • <$500k nonprofits • Source year 2018

Liabilities / Revenue

59th percentile

0.01x

Higher debt load relative to revenue than 59% of similar nonprofits.

2018 filings • 501(c)7 • <$500k nonprofits • Source year 2018

Net Margin

39th percentile

-0.7%

Higher net margin than 39% of similar nonprofits.

2018 filings • 501(c)7 • <$500k nonprofits • Source year 2018

Top Officer Pay

93rd percentile

$0

Higher top officer pay than 93% of similar nonprofits.

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

2018 filings • 501(c)7 • <$500k nonprofits • Source year 2018

Asset Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2018

Revenue Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2018

Balance Sheet
Liabilities / Assets59th percentile

Assets

$229,175

No earlier filing loaded for comparison.

Net Assets

$228,074

No earlier filing loaded for comparison.

Liabilities

$1,101

No earlier filing loaded for comparison.

Revenue And Expenses
Liabilities / Revenue59th percentileNet Margin39th percentile

Revenue

$174,077

No earlier filing loaded for comparison.

Expenses

$175,281

No earlier filing loaded for comparison.

Net Income

-$1,204

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

Asset GrowthScore unavailable

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

$300K$200K$100K$0Assets 2018: $229,175Liabilities 2018: $1,101Net Assets 2018: $228,0742018Assets 2021: $226,250Liabilities 2021: $419Net Assets 2021: $225,8312021Assets 2022: $221,863Liabilities 2022: $1,530Net Assets 2022: $220,3332022Assets 2025: $175,836Liabilities 2025: $7,127Net Assets 2025: $168,7092025

Highlighted filing

2018

Assets$229,175
Liabilities$1,101
Net Assets$228,074
Open 2018 Filing

Operations Trend

Revenue GrowthScore unavailable

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

$300K$200K$100K$0-$100KRevenue 2018: $174,077Expenses 2018: $175,281Net Income 2018: -$1,2042018Revenue 2021: $169,618Expenses 2021: $180,196Net Income 2021: -$10,5782021Revenue 2022: $220,450Expenses 2022: $225,948Net Income 2022: -$5,4982022Revenue 2025: $243,284Expenses 2025: $298,687Net Income 2025: -$55,4032025

Highlighted filing

2018

Revenue$174,077
Expenses$175,281
Net Income-$1,204
Open 2018 Filing
Jump To
Filing Snapshot
Filing Period
Dec 1, 2017 to Nov 30, 2018
Signed
Mar 4, 2018
Return Version
2017v2.3
Gross Receipts
$174,077
Mission and Program Overview

Mission

Advancement of the maintenance, preservation, authentic restoration and use of packard motor vehicles

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$123,775$131,611▲ $7,836
Inventories for Sale or Use$54,069$56,223▲ $2,154
Cash and Non-Interest-Bearing Accounts$47,647$38,848▼ $8,799
Other Notes and Loans Receivable, Net$3,000$2,493▼ $507
Total Assets$228,491$229,175▲ $684
Liabilities
Other Liabilities$758$1,101▲ $343
Accounts Payable and Accrued Expenses$-1,545--
Total Liabilities$-787$1,101▲ $1,888
Net Assets / Fund Balance
Unrestricted Net Assets$229,065$227,861▼ $1,204
Temporarily Rstr Net Assets$213$213→ $0
Total Net Assets Fund Balance$229,278$228,074▼ $1,204
Total Liabilities and Net Assets / Fund Balance$228,491$229,175▲ $684
Compensation and Service Providers
Top Officer Pay93rd percentile

Board Members and Trustees

NameTitle
Handley CraigPresident
Allison MarkTrustee
Baccaro TommyTrustee
Baier RoyceTrustee
Blevins BruceTrustee
Blond StuartTrustee
Book OleTrustee
Brace TomTrustee
Brooks TomTrustee
Burke BrianTrustee
Christy SteveTrustee
Delaney PaulTrustee
Dixon LeonTrustee
Ehrman JerryTrustee
Franko BonnieTrustee
Franko MichaelTrustee
Freidrich BillTrustee
Grabenkort BruceTrustee
Hamlin GeorgeTrustee
Hermann HalTrustee
Hickey TomTrustee
Holinga GeorgeTrustee
Hubbard JayTrustee
Johnson SueTrustee
Juneau BudTrustee
Kefalonitis BarbaraannaTrustee
Kefalonitis JohnTrustee
Marvin KingTrustee
Meese DaleTrustee
Mihaly JeffTrustee
Miller RossTrustee
Mitchell BillTrustee
Moore DougTrustee
Morrison DudleyTrustee
Mylin AndyTrustee
Ray JoelTrustee
Robb BobTrustee
Robinson DavidTrustee
Smucker MarkTrustee
Stout GeneTrustee
Taccone DonaldTrustee
Teller RobertTrustee
Thomas GaryTrustee
Walters RichTrustee
White MilesTrustee
Wilson Mark PTrustee
Pyrtek-blond StellaSecretary
Titus GregTreasurer
Johnson BillVice Preside
Revenue and Support

Revenue Composition

Contributions and Grants
$139,046
Program Service Revenue
$34,696
Investment Income
$335
Other Revenue
$0
Change in Net Assets
$-1,204
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$175,281
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Office Expenses$92,141$4,737-$96,878
Fees for Services Other$26,400--$26,400
Fees for Services Management-$25,126-$25,126
Conferences and Meetings$15,183--$15,183
Insurance$6,374--$6,374
Advertising$3,995--$3,995
Information Technology$1,325--$1,325
Total Functional Expenses$145,418$29,863$0$175,281
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
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Other Liabilities$1,101
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
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
No
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 9

“MARVIN KING”

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

“No review was or will be conducted.”

Form 990, Page 6, Part VI, Line 19

“No documents available to the public”

Filing and Contact Details

Filer

Filer Name
Packard Automobile Classics Inc
EIN
31-1362569
Phone
8168427878
Address
851 NW 45TH ST SUITE 306, KANSAS CITY, MO 64116-4613

Signing Officer

Name
Titus Greg
Title
Treasurer
Signed
2018-03-04
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Handley Craig
Formed
1953
Legal Domicile
Mo
Voting Board Members
4
Independent Board Members
45
Employees
0

Preparer

Firm
Horizon CPA Services Pc
Address
851 NW 45TH ST STE 306, KANSAS CITY, MO 64116-4613
Preparer
Michael B Richards CPA
Phone
8168427878
Supplemental Narrative

Additional Explanations

Form 990, Page 2, Part III, Line 4D

“Printed publications and internet dissemination of packard automobile history, restoration and preservation.”

Form 990, Part IX, Line 11G

“Editor news bulletin 13,200 0 0 editor cqm 13,200 0 0 total 26,400 0 0”

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Document Assets

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Filings

Displayed year

2018 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$229,175
Liabilities
$1,101
Net assets
$228,074
Revenue
$174,077
Expenses
$175,281
Net income
-$1,204
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.76$0.07$1.69$2.43$2.99$0.55
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.22$0.02$2.20$2.20$2.26$0.05
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.26$0.00$2.26$1.70$1.80$0.11
2018Detailed filing. Detailed filing data is available for this year.$2.29$0.01$2.28$1.74$1.75$0.01