Civic Intelligence

Drayton Hall Preservation Trust

990 • Fiscal year 2015 • EIN 45-4938941

Jul 01, 2014 to Jun 30, 2015 • Filed on Feb 09, 2016

3380 Ashley River RoadCharleston, SC 29414

(843) 769-2600

Siviq Scores

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

Liabilities / Assets

29th percentile

0.02x

Higher debt load relative to assets than 29% of similar nonprofits.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2015

Liabilities / Revenue

22nd percentile

0.01x

Higher debt load relative to revenue than 22% of similar nonprofits.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2015

Net Margin

95th percentile

65%

Higher net margin than 95% of similar nonprofits.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2015

Top Officer Pay

35th percentile

$0

Higher top officer pay than 35% of similar nonprofits.

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

2015 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2015

Asset Growth

Score unavailable

No value available

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

Source year 2015

Revenue Growth

Score unavailable

No value available

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

Source year 2015

Assets

$2,386,128

No earlier filing loaded for comparison.

Net Assets

$2,342,005

No earlier filing loaded for comparison.

Liabilities

$44,123

No earlier filing loaded for comparison.

Revenue

$3,575,619

No earlier filing loaded for comparison.

Expenses

$1,233,614

No earlier filing loaded for comparison.

Net Income

$2,342,005

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

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

$15M$10M$5.0M$0Assets 2015: $2,386,128Liabilities 2015: $44,123Net Assets 2015: $2,342,0052015Assets 2016: $3,499,537Liabilities 2016: $142,313Net Assets 2016: $3,357,2242016Assets 2017: $6,376,113Liabilities 2017: $246,441Net Assets 2017: $6,129,6722017Assets 2018: $9,589,629Liabilities 2018: $2,515,788Net Assets 2018: $7,073,8412018Assets 2019: $8,998,083Liabilities 2019: $1,887,238Net Assets 2019: $7,110,8452019Assets 2020: $9,231,727Liabilities 2020: $1,907,191Net Assets 2020: $7,324,5362020Assets 2021: $9,724,834Liabilities 2021: $702,830Net Assets 2021: $9,022,0042021Assets 2022: $10,822,408Liabilities 2022: $261,612Net Assets 2022: $10,560,7962022Assets 2023: $5,357,999Liabilities 2023: $130,563Net Assets 2023: $5,227,4362023Assets 2024: $5,870,087Liabilities 2024: $129,861Net Assets 2024: $5,740,2262024Assets 2025: $6,274,343Liabilities 2025: $134,098Net Assets 2025: $6,140,2452025

Highlighted filing

2015

Assets$2,386,128
Liabilities$44,123
Net Assets$2,342,005

Operations Trend

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

$10M$5.0M$0-$5.0M-$10MRevenue 2015: $3,575,619Expenses 2015: $1,233,614Net Income 2015: $2,342,0052015Revenue 2016: $4,532,269Expenses 2016: $3,517,050Net Income 2016: $1,015,2192016Revenue 2017: $5,284,503Expenses 2017: $2,512,056Net Income 2017: $2,772,4472017Revenue 2018: $3,409,985Expenses 2018: $2,465,815Net Income 2018: $944,1702018Revenue 2019: $2,643,468Expenses 2019: $2,606,464Net Income 2019: $37,0042019Revenue 2020: $2,798,978Expenses 2020: $2,578,032Net Income 2020: $220,9462020Revenue 2021: $3,339,729Expenses 2021: $2,286,502Net Income 2021: $1,053,2272021Revenue 2022: $4,864,232Expenses 2022: $2,942,824Net Income 2022: $1,921,4082022Revenue 2023: $3,067,526Expenses 2023: $8,493,557Net Income 2023: -$5,426,0312023Revenue 2024: $3,279,368Expenses 2024: $2,931,728Net Income 2024: $347,6402024Revenue 2025: $3,205,010Expenses 2025: $3,108,733Net Income 2025: $96,2772025

Highlighted filing

2015

Revenue$3,575,619
Expenses$1,233,614
Net Income$2,342,005
Jump To
Filing Snapshot
Filing Period
Jul 1, 2014 to Jun 30, 2015
Signed
Feb 9, 2016
Return Version
2014v6.0
Gross Receipts
$3,609,342
Mission and Program Overview

Mission

Drayton hall preservation trust fosters a deeper understanding of colonial america and the evolution of life in the south by discovering, researching, conserving, and interpreting the history, context, and culture of drayton hall.

The mission of drayton hall preservation trust is to research, preserve and interpret drayton hall, its environs, and collections, in order to educate the public and to inspire people to embrace historic preservation.

Balance Sheet Detail
LineBeginningEndChange
Assets
Rtn Earn Endowment Incm Other Fnds$0$2,342,005▲ $2,342,005
Cash and Non-Interest-Bearing Accounts-$1,934,444-
Pledges and Grants Receivable-$325,000-
Land, Buildings, and Equipment, Net$0$97,443▲ $97,443
Inventories for Sale or Use-$17,389-
Prepaid Expenses and Deferred Charges-$11,852-
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Cap Stk Tr Prin Current Funds$0$0→ $0
Total Assets$0$2,386,128▲ $2,386,128
Liabilities
Accounts Payable and Accrued Expenses-$44,123-
Total Liabilities$0$44,123▲ $44,123
Net Assets / Fund Balance
Total Net Assets Fund Balance$0$2,342,005▲ $2,342,005
Total Liabilities and Net Assets / Fund Balance$0$2,386,128▲ $2,386,128

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$97,443$9,221-
Compensation and Service Providers
Revenue and Support

Revenue Composition

Contributions and Grants
$3,073,038
Program Service Revenue
$467,031
Investment Income
$0
Other Revenue
$35,550
All Other Contributions
$2,977,949
Change in Net Assets
$2,342,005
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$793,472
Other Expenses$440,142
Total Fundraising Expense$86,244
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$393,491$203,304$59,022$655,817
Fees for Services Other$110,049--$110,049
Other Employee Benefits$40,245$20,793$6,037$67,075
Payroll Taxes$30,070$15,536$4,511$50,117
Advertising$45,977--$45,977
Information Technology$29,065$8,835$2,159$40,059
Insurance$9,982$10,870$1,331$22,183
Pension Plan Contributions$12,278$6,343$1,842$20,463
Travel$7,846$2,574$4,904$15,324
Other Expenses$12,151$4,294$1,247$12,151
All Other Expenses$3,546$6,001$1,072$10,619
Conferences and Meetings$7,783$2,255$420$10,458
Depreciation Depletion$7,469$1,752-$9,221
Office Expenses$2,845$3,955$139$6,939
Total Functional Expenses$848,594$298,776$86,244$1,233,614
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
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
Annual disclosure for covered persons
Yes
Audit committee
Yes
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
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section B, Line 11

The board of directors/trustees reviews the form 990 before it is filed and approves.

Form 990, Part VI, Section B, Line 12C

Annually the board reviews the written & signed disclosure of conflict of interest forms and takes appropriate action to ensure the policy is not violated.

Form 990, Part VI, Section C, Line 19

Irs form 990 and financial statements will be made available to the general public by way of guidestar. The governing documents and conflict of interest policy will be available to the general public upon request.

Filing and Contact Details

Filer

Filer Name
Drayton Hall Preservation Trust
EIN
45-4938941
Phone
8437692600
Address
3380 ASHLEY RIVER ROAD, CHARLESTON, SC 29414

Signing Officer

Name
Carter Hudgins
Title
President & CEO
Phone
8437692600
Signed
2016-02-09
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Carter Hudgins
Formed
2012
Legal Domicile
Sc
Voting Board Members
23
Independent Board Members
23
Employees
0
Volunteers
28

Preparer

Firm
Jan Waring Woods CPA LLC
Address
119 W LUKE ST SUITE A, SUMMERVILLE, SC 29483
Preparer
Jan Waring Woods CPA
Phone
8432610096
Supplemental Narrative

Additional Explanations

FORM 990, PART XII, LINE 2C:

The drayton hall property and it's operations were previously part of the national trust for historic preservation (nthp). The nthp divested itself of the operating activities related to drayton hall effective 1/1/2015. The drayton hall preservation trust was formed and received tax exempt status and effective 1/1/2015 entered into a co-operative/co-stewardship agreement with the national trust for historic preservation. Beginning january 1, 2015 drayton hall preservation trust began operations as a separate organization fiscally and administratively independant of the national trust (nthp). The tax return for 2014 is reporting the financial activities of the organization from 1/1/2015 to 6/30/2015.

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IRS990/Form990PartVIISectionAGrp/TitleTxt3TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt4SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt5TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt6TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt7TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt8TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt9TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt10TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt11TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt12TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt13TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt14TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt15TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt16TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt17TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt18TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt19TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt20TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt21TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt22TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt23DEPUTY DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt24EXECUTIVE DIRECTOR/PRESIDENT
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr02012
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedInd00
IRS990/FundraisingActivitiesInd00
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt023
IRS990/GovernmentGrantsAmt019492
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt03609342
IRS990/GrossSalesOfInventoryAmt069273
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd00
IRS990/IndependentAuditFinclStmtInd00
IRS990/IndependentVotingMemberCnt023
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIIInd0X
IRS990/InformationTechnologyGrp/FundraisingAmt02159
IRS990/InformationTechnologyGrp/ManagementAndGeneralAmt08835
IRS990/InformationTechnologyGrp/ProgramServicesAmt029065
IRS990/InformationTechnologyGrp/TotalAmt040059
IRS990/InsuranceGrp/FundraisingAmt01331
IRS990/InsuranceGrp/ManagementAndGeneralAmt010870
IRS990/InsuranceGrp/ProgramServicesAmt09982
IRS990/InsuranceGrp/TotalAmt022183
IRS990/InventoriesForSaleOrUseGrp/EOYAmt017389
IRS990/InvestmentInJointVentureInd00
IRS990/IRPDocumentCnt00
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt09221
IRS990/LandBldgEquipBasisNetGrp/BOYAmt00
IRS990/LandBldgEquipBasisNetGrp/EOYAmt097443
IRS990/LandBldgEquipCostOrOtherBssAmt0106664
IRS990/LegalDomicileStateCd0SC
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembershipDuesAmt075597
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0THE MISSION OF DRAYTON HALL PRESERVATION TRUST IS TO RESEARCH, PRESERVE AND INTERPRET DRAYTON HALL, ITS ENVIRONS, AND COLLECTIONS, IN ORDER TO EDUCATE THE PUBLIC AND TO INSPIRE PEOPLE TO EMBRACE HISTORIC PRESERVATION.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt00
IRS990/NetAssetsOrFundBalancesEOYAmt02342005
IRS990/NetIncomeOrLossGrp/RelatedOrExemptFuncIncomeAmt035550
IRS990/NetIncomeOrLossGrp/TotalRevenueColumnAmt035550
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd00
IRS990/OfficeExpensesGrp/FundraisingAmt0139
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt03955
IRS990/OfficeExpensesGrp/ProgramServicesAmt02845
IRS990/OfficeExpensesGrp/TotalAmt06939
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrgDoesNotFollowSFAS117Ind0X
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/FundraisingAmt06037
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt020793
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt040245
IRS990/OtherEmployeeBenefitsGrp/TotalAmt067075
IRS990/OtherExpensesGrp/Desc0PRESERVATION, CONSERVAT
IRS990/OtherExpensesGrp/Desc1SPECIAL EVENTS
IRS990/OtherExpensesGrp/Desc2TELECOMMUNICATIONS
IRS990/OtherExpensesGrp/Desc3CREDIT CARD AND BANK FE
IRS990/OtherExpensesGrp/FundraisingAmt03560
IRS990/OtherExpensesGrp/FundraisingAmt11247
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt012264
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt14294
IRS990/OtherExpensesGrp/ProgramServicesAmt0110620
IRS990/OtherExpensesGrp/ProgramServicesAmt116867
IRS990/OtherExpensesGrp/ProgramServicesAmt28310
IRS990/OtherExpensesGrp/ProgramServicesAmt312151
IRS990/OtherExpensesGrp/TotalAmt0126444
IRS990/OtherExpensesGrp/TotalAmt116867
IRS990/OtherExpensesGrp/TotalAmt213851
IRS990/OtherExpensesGrp/TotalAmt312151
IRS990/OtherInd0X
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt059022
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt0203304
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0393491
IRS990/OtherSalariesAndWagesGrp/TotalAmt0655817
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/FundraisingAmt04511
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt015536
IRS990/PayrollTaxesGrp/ProgramServicesAmt030070
IRS990/PayrollTaxesGrp/TotalAmt050117
IRS990/PdInCapSrplsLandBldgEqpFundGrp/BOYAmt00
IRS990/PdInCapSrplsLandBldgEqpFundGrp/EOYAmt00
IRS990/PensionPlanContributionsGrp/FundraisingAmt01842
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt06343
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt012278
IRS990/PensionPlanContributionsGrp/TotalAmt020463
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt0325000
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt011852
IRS990/PrincipalOfficerNm0CARTER HUDGINS
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/Desc0ADMISSIONS
IRS990/ProgramServiceRevenueGrp/Desc1SPECIAL EVENTS
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0466531
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt1500
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0466531
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt1500
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt00
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt00
IRS990/PYOtherExpensesAmt00
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt00
IRS990/PYRevenuesLessExpensesAmt00
IRS990/PYSalariesCompEmpBnftPaidAmt00
IRS990/PYTotalExpensesAmt00
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt00
IRS990/QuidProQuoContributionsInd01
IRS990/QuidProQuoContriDisclInd01
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt02342005
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt0502581
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt00
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt02342005
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00

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