Civic Intelligence

Packard Automobile Classics Inc

990 • Fiscal year 2023 • EIN 31-1362569

Dec 01, 2022 to Nov 30, 2023 • Filed on Oct 11, 2024

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.

2023 filings • 501(c)7 • <$500k nonprofits • Source year 2023

Liabilities / Revenue

59th percentile

0.00x

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

2023 filings • 501(c)7 • <$500k nonprofits • Source year 2023

Net Margin

17th percentile

-14%

Higher net margin than 17% of similar nonprofits.

2023 filings • 501(c)7 • <$500k nonprofits • Source year 2023

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.

2023 filings • 501(c)7 • <$500k nonprofits • Source year 2023

Asset Growth

23rd percentile

-12%

Faster asset growth than 23% of similar nonprofits.

2023 filings • 501(c)7 • <$500k nonprofits • Annualized from 2022 to 2023

Revenue Growth

14th percentile

-19%

Faster revenue growth than 14% of similar nonprofits.

2023 filings • 501(c)7 • <$500k nonprofits • Annualized from 2022 to 2023

Balance Sheet
Liabilities / Assets59th percentile

Assets

Down

$195,649

Down $26,214 (-12%) from 2022

Net Assets

Down

$194,793

Down $25,540 (-12%) from 2022

Liabilities

Down

$856

Down $674 (-44%) from 2022

Revenue And Expenses
Liabilities / Revenue59th percentileNet Margin17th percentile

Revenue

Down

$178,599

Down $41,851 (-19%) from 2022

Expenses

Down

$204,139

Down $21,809 (-9.7%) from 2022

Net Income

Down

-$25,540

Down $20,042 (-365%) from 2022

Historical Trend

Balance Sheet Trend

Asset Growth23rd percentile

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 2023: $195,649Liabilities 2023: $856Net Assets 2023: $194,7932023Assets 2025: $175,836Liabilities 2025: $7,127Net Assets 2025: $168,7092025

Highlighted filing

2023

Assets$195,649
Liabilities$856
Net Assets$194,793
Open 2023 Filing

Operations Trend

Revenue Growth14th percentile

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 2023: $178,599Expenses 2023: $204,139Net Income 2023: -$25,5402023Revenue 2025: $243,284Expenses 2025: $298,687Net Income 2025: -$55,4032025

Highlighted filing

2023

Revenue$178,599
Expenses$204,139
Net Income-$25,540
Open 2023 Filing
Jump To
Filing Snapshot
Filing Period
Dec 1, 2022 to Nov 30, 2023
Signed
Oct 11, 2024
Return Version
2022v5.0
Gross Receipts
$178,599
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$130,883$104,980▼ $25,903
Inventories for Sale or Use$62,581$67,458▲ $4,877
Cash and Non-Interest-Bearing Accounts$15,229$15,680▲ $451
Other Notes and Loans Receivable, Net$13,170$7,531▼ $5,639
Total Assets$221,863$195,649▼ $26,214
Liabilities
Accounts Payable and Accrued Expenses$1,530--
Other Liabilities-$856-
Total Liabilities$1,530$856▼ $674
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$220,120$194,580▼ $25,540
Net Assets With Donor Restrictions$213$213→ $0
Total Net Assets Fund Balance$220,333$194,793▼ $25,540
Total Liabilities and Net Assets / Fund Balance$221,863$195,649▼ $26,214
Compensation and Service Providers
Top Officer Pay93rd percentile

Board Members and Trustees

NameTitle
Handley CraigPresident
Aldrich PatTrustee
Allison MarkTrustee
Baccaro TommyTrustee
Blond StuartTrustee
Brace TomTrustee
Delaney PaulTrustee
Kefalonitis BarbaraannaTrustee
Kefalonitis JohnTrustee
Mihaly JeffTrustee
Mylin AndyTrustee
Obermann MarkTrustee
Ray JoelTrustee
Robb BobTrustee
Slater ChristopherTrustee
Smucker MarkTrustee
Stout GeneTrustee
Walters RichTrustee
Wilson Mark PTrustee
Pyrtek-blond StellaSecretary
Titus GregTreasurer
Bill JohnsonVice Preside
Revenue and Support

Revenue Composition

Contributions and Grants
$135,775
Program Service Revenue
$41,713
Investment Income
$1,111
Other Revenue
$0
All Other Contributions
$564
Change in Net Assets
$-25,540
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$204,139
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$34,952$76,343-$111,295
Fees for Services Other$27,600--$27,600
Conferences and Meetings$22,636--$22,636
Fees for Services Management-$16,927-$16,927
Fees for Services Accounting-$11,231-$11,231
Information Technology$6,275--$6,275
Insurance$5,858--$5,858
Advertising$900$1,357-$2,257
Fees for Services Legal-$60-$60
Total Functional Expenses$98,221$105,918$0$204,139
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
Due to Packard Motor Car Foundation$856
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
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
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 11B

“The treasurer will review the 990 begfore filing.”

Form 990, Page 6, Part VI, Line 19

“Any required documents are available upon request.”

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
Phone
7755309769
Signed
2024-10-11
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Pyrtek-blond Stella
Formed
1953
Legal Domicile
Oh
Voting Board Members
5
Independent Board Members
5
Employees
0

Preparer

Firm
Horizon CPA Services Pc
Address
851 NW 45TH STREET SUITE 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

“Qm editorial/graphics 13,200 0 0 news bulletin editorial/layou 14,400 0 0 total 27,600 0 0”

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IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt31280
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt4618
IRS990/ProgramServiceRevenueGrp/UnrelatedBusinessRevenueAmt013045
IRS990/ProgSrvcAccomActyOtherGrp/Desc0PRINTED PUBLICATIONS AND INTERNET DISSEMINATION OF PACKARD AUTOMOBILE HISTORY, RESTORATION AND PRESERVATION.
IRS990/ProhibitedTaxShelterTransInd0false
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IRS990/PYInvestmentIncomeAmt019
IRS990/PYOtherExpensesAmt0228228
IRS990/PYProgramServiceRevenueAmt070517
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IRS990/PYTotalExpensesAmt0228228
IRS990/PYTotalRevenueAmt0220450
IRS990/ReconcilationRevenueExpnssAmt0-25540
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0false
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0130883
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0104980
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0856
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0DUE TO PACKARD MOTOR CAR FOUNDATION
IRS990ScheduleD/TotalLiabilityAmt0856
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0PRINTED PUBLICATIONS AND INTERNET DISSEMINATION OF PACKARD AUTOMOBILE HISTORY, RESTORATION AND PRESERVATION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE TREASURER WILL REVIEW THE 990 BEGFORE FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2ANY REQUIRED DOCUMENTS ARE AVAILABLE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3QM EDITORIAL/GRAPHICS 13,200 0 0 NEWS BULLETIN EDITORIAL/LAYOU 14,400 0 0 TOTAL 27,600 0 0
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 2, PART III, LINE 4D
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART IX, LINE 11G
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IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
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IRS990/TotalAssetsEOYAmt0195649
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IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0105918
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt098221
IRS990/TotalFunctionalExpensesGrp/TotalAmt0204139
IRS990/TotalGrossUBIAmt014156
IRS990/TotalLiabilitiesBOYAmt01530
IRS990/TotalLiabilitiesEOYAmt0856
IRS990/TotalLiabilitiesGrp/BOYAmt01530
IRS990/TotalLiabilitiesGrp/EOYAmt0856
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0220333
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0194793
IRS990/TotalOthProgramServiceRevGrp/RelatedOrExemptFuncIncomeAmt0334
IRS990/TotalOthProgramServiceRevGrp/TotalRevenueColumnAmt0334
IRS990/TotalProgramServiceRevenueAmt041713
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt028668
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0178599
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt014156
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0221863
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0195649
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0true
IRS990/UponRequestInd0X
IRS990/VotingMembersGoverningBodyCnt05
IRS990/VotingMembersIndependentCnt05
IRS990/WebsiteAddressTxt0WWW.PACKARDCLUB.ORG
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02024-10-15 13:58:12Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0TITUS GREG
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0TREASURER
ReturnHeader/BusinessOfficerGrp/PhoneNum07755309769
ReturnHeader/BusinessOfficerGrp/SignatureDt02024-10-11
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0PACKARD AUTOMOBILE CLASSICS INC
ReturnHeader/Filer/BusinessNameControlTxt0PACK
ReturnHeader/Filer/EIN0311362569
ReturnHeader/Filer/PhoneNum08168427878
ReturnHeader/Filer/USAddress/AddressLine1Txt0851 NW 45TH ST SUITE 306
ReturnHeader/Filer/USAddress/CityNm0KANSAS CITY
ReturnHeader/Filer/USAddress/StateAbbreviationCd0MO
ReturnHeader/Filer/USAddress/ZIPCd0641164613
ReturnHeader/IRSResponsiblePrtyInfoCurrInd0true
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0201856641
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0HORIZON CPA SERVICES PC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0851 NW 45TH STREET SUITE 306
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0KANSAS CITY
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0MO
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0641164613
ReturnHeader/PreparerPersonGrp/PhoneNum08168427878
ReturnHeader/PreparerPersonGrp/PreparationDt02024-10-14
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0MICHAEL B RICHARDS CPA
ReturnHeader/ReturnTs02024-10-14T17:11:41-04:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02022-12-01
ReturnHeader/TaxPeriodEndDt02023-11-30
ReturnHeader/TaxYr02022

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2023 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$195,649
Liabilities
$856
Net assets
$194,793
Revenue
$178,599
Expenses
$204,139
Net income
-$25,540
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
2023Detailed filing. Detailed filing data is available for this year.$1.96$0.01$1.95$1.79$2.04$0.26
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
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.29$0.01$2.28$1.74$1.75$0.01