Civic Intelligence

Comstock Foundation for History and Culture

990 • Fiscal year 2020 • EIN 46-3126978

Jan 01, 2020 to Dec 31, 2020 • Filed on Nov 09, 2021

PO Box 1118Virginia City, NV 89440

(775) 813-8935

Siviq Scores

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

Liabilities / Assets

55th percentile

0.00x

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

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Liabilities / Revenue

55th percentile

0.00x

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

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Net Margin

14th percentile

-42%

Higher net margin than 14% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Top Officer Pay

76th percentile

$0

Higher top officer pay than 76% of similar nonprofits.

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

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Asset Growth

27th percentile

-9.8%

Faster asset growth than 27% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Annualized from 2019 to 2020

Revenue Growth

28th percentile

-40%

Faster revenue growth than 28% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Annualized from 2019 to 2020

Assets

Down

$204,184

Down $22,101 (-9.8%) from 2019

Net Assets

Down

$204,184

Down $22,101 (-9.8%) from 2019

Liabilities

Flat

$0

Flat from 2019

Revenue

Down

$56,338

Down $37,278 (-40%) from 2019

Expenses

Down

$80,216

Down $34,509 (-30%) from 2019

Net Income

Down

-$23,878

Down $2,769 (-13%) from 2019

Historical Trend

Balance Sheet Trend

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

$400K$300K$200K$100K$0Assets 2013: $21,383Liabilities 2013: $02013Assets 2014: $169,870Liabilities 2014: $125,000Net Assets 2014: $44,8702014Assets 2015: $352,525Liabilities 2015: $0Net Assets 2015: $352,5252015Assets 2016: $398,642Liabilities 2016: $0Net Assets 2016: $398,6422016Assets 2017: $244,612Liabilities 2017: $0Net Assets 2017: $244,6122017Assets 2018: $247,394Liabilities 2018: $0Net Assets 2018: $247,3942018Assets 2019: $226,285Liabilities 2019: $0Net Assets 2019: $226,2852019Assets 2020: $204,184Liabilities 2020: $0Net Assets 2020: $204,1842020Assets 2021: $234,177Liabilities 2021: $0Net Assets 2021: $234,1772021Assets 2022: $229,908Liabilities 2022: $0Net Assets 2022: $229,9082022Assets 2023: $231,353Liabilities 2023: $0Net Assets 2023: $231,3532023Assets 2024: $292,058Liabilities 2024: $0Net Assets 2024: $292,0582024

Highlighted filing

2020

Assets$204,184
Liabilities$0
Net Assets$204,184

Operations Trend

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

$400K$200K$0-$200KRevenue 2013: $159,410Expenses 2013: $138,027Net Income 2013: $21,3832013Revenue 2014: $286,713Expenses 2014: $299,225Net Income 2014: -$12,5122014Revenue 2015: $306,179Expenses 2015: $294,574Net Income 2015: $11,6052015Revenue 2016: $158,982Expenses 2016: $123,338Net Income 2016: $35,6442016Revenue 2017: -$53,558Expenses 2017: $100,472Net Income 2017: -$154,0302017Revenue 2018: $100,236Expenses 2018: $65,366Net Income 2018: $34,8702018Revenue 2019: $93,616Expenses 2019: $114,725Net Income 2019: -$21,1092019Revenue 2020: $56,338Expenses 2020: $80,216Net Income 2020: -$23,8782020Revenue 2021: $139,980Expenses 2021: $109,987Net Income 2021: $29,9932021Revenue 2022: $115,267Expenses 2022: $119,536Net Income 2022: -$4,2692022Revenue 2023: $84,626Expenses 2023: $83,181Net Income 2023: $1,4452023Revenue 2024: $98,766Expenses 2024: $38,061Net Income 2024: $60,7052024

Highlighted filing

2020

Revenue$56,338
Expenses$80,216
Net Income-$23,878
Jump To
Filing Snapshot
Filing Period
Jan 1, 2020 to Dec 31, 2020
Signed
Nov 9, 2021
Return Version
2020v4.1
Gross Receipts
$56,338
Mission and Program Overview

Mission

To encourage the preservation and promotion of the hisoric and cultural resources within the comstock historic district and/or Virginia City national historic landmark district. The mission includes purposes of acquisition, Restorage, Preservation, Maintenance.

To encourage the preservation and promotion of the historic and cultural resources within the comstock historic district and/or virginia city national historic landmark distict. The mission includes purposes of acquisition, restorage, preservation, maintenance.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$195,719$195,719→ $0
Rtn Earn Endowment Incm Other Fnds$169,643$147,542▼ $22,101
Cap Stk Tr Prin Current Funds$56,642$56,642→ $0
Cash and Non-Interest-Bearing Accounts$1,278$4,882▲ $3,604
Savings and Temporary Cash Investments$29,288$3,583▼ $25,705
Total Assets$226,285$204,184▼ $22,101
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Total Net Assets Fund Balance$226,285$204,184▼ $22,101
Total Liabilities and Net Assets / Fund Balance$226,285$204,184▼ $22,101

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$719$478$1,197
Buildings$47,000--
Land$148,000--
Compensation and Service Providers

Board Members and Trustees

NameTitle
Corrado De GasperisPresident CEO Chairman
Lee HalavaisBoard Director
Johnye SaylorBoard Secretary
Joseph L CurtisBoard Treasurer
Steven SaylorExecutive Director
Ron JamesEmeritus Direct
Revenue and Support

Revenue Composition

Contributions and Grants
$54,671
Program Service Revenue
$0
Investment Income
$17
Other Revenue
$1,650
All Other Contributions
$14,009
Change in Net Assets
$-23,878
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$58,406
Other Expenses$21,810
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages-$58,406-$58,406
Office Expenses-$9,580-$9,580
Other Expenses$1,903$487-$1,903
Insurance-$1,269-$1,269
Fees for Services Accounting-$500-$500
Conferences and Meetings-$185-$185
Depreciation Depletion-$138-$138
Total Functional Expenses$8,291$71,925$0$80,216
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
Audit committee
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

Officer directors etc family relationship Part VI line 2

No conflicts at this time.

Committee meeting documentation Part VI line 8B

To encourage the preservation and promotion of the historic and cultural resources within the comstock historic district and/or virginia city national historic landmark district. The mission includes purposes of acquisition, restoration preservation, maintenance of historic structures, areas, objects, excavation of historic sites, community outreach, advocacy, and celebration of the history of the district through cultural programs; collaboration to encourage preservation; fundraising to support promotiion and preservation.

Local chapters branches affiliates Part VI line 10A

To encourage the preservation and promotion of the historic and cultural resources within the comstock historic district and/or virginia city national historic landmark district. The mission includes purposes of acquisition, restoration preservation, maintenance of historic structures, areas, objects, excavation of historic sites, community outreach, advocacy, and celebration of the history of the district through cultural programs; collaboration to encourage preservation; fundraising to support promotiion and preservation.

Form 990 governing body review Part VI line 11

To encourage the preservation and promotion of the historic and cultural resources within the comstock historic district and/or virginia city national historic landmark district. The mission includes purposes of acquisition, restoration preservation, maintenance of historic structures, areas, objects, excavation of historic sites, community outreach, advocacy, and celebration of the history of the district through cultural programs; collaboration to encourage preservation; fundraising to support promotiion and preservation.

Governing documents etc available to public Part VI line 19

To encourage the preservation and promotion of the historic and cultural resources within the comstock historic district and/or virginia city national historic landmark district. The mission includes purposes of acquisition, restoration preservation, maintenance of historic structures, areas, objects, excavation of historic sites, community outreach, advocacy, and celebration of the history of the district through cultural programs; collaboration to encourage preservation; fundraising to support promotiion and preservation.

Filing and Contact Details

Filer

Filer Name
Comstock Foundation for History and Culture
EIN
46-3126978
Address
PO BOX 1118, VIRGINIA CITY, NV 89440
Doing Business As
And Culture

Signing Officer

Name
Corrado De Gasperis
Title
President CEO
Phone
7758138935
Signed
2021-11-09
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Corrado De Gasperis
Formed
2013
Legal Domicile
Nv
Voting Board Members
5
Independent Board Members
0
Employees
0
Volunteers
32

Preparer

Firm
21st Century Tax Consultants Inc
Address
PO Box 2359, Dayton, NV 89403
Preparer
Marlene D Larson EA 4700C
Phone
7753016989
Supplemental Narrative

Additional Explanations

Explanation of other changes in net assets or fund balances Part XI line 9

YEAR-END ADJUSTMENTS

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IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0NO CONFLICTS AT THIS TIME.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1TO ENCOURAGE THE PRESERVATION AND PROMOTION OF THE HISTORIC AND CULTURAL RESOURCES WITHIN THE COMSTOCK HISTORIC DISTRICT AND/OR VIRGINIA CITY NATIONAL HISTORIC LANDMARK DISTRICT. THE MISSION INCLUDES PURPOSES OF ACQUISITION, RESTORATION PRESERVATION, MAINTENANCE OF HISTORIC STRUCTURES, AREAS, OBJECTS, EXCAVATION OF HISTORIC SITES, COMMUNITY OUTREACH, ADVOCACY, AND CELEBRATION OF THE HISTORY OF THE DISTRICT THROUGH CULTURAL PROGRAMS; COLLABORATION TO ENCOURAGE PRESERVATION; FUNDRAISING TO SUPPORT PROMOTIION AND PRESERVATION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2TO ENCOURAGE THE PRESERVATION AND PROMOTION OF THE HISTORIC AND CULTURAL RESOURCES WITHIN THE COMSTOCK HISTORIC DISTRICT AND/OR VIRGINIA CITY NATIONAL HISTORIC LANDMARK DISTRICT. THE MISSION INCLUDES PURPOSES OF ACQUISITION, RESTORATION PRESERVATION, MAINTENANCE OF HISTORIC STRUCTURES, AREAS, OBJECTS, EXCAVATION OF HISTORIC SITES, COMMUNITY OUTREACH, ADVOCACY, AND CELEBRATION OF THE HISTORY OF THE DISTRICT THROUGH CULTURAL PROGRAMS; COLLABORATION TO ENCOURAGE PRESERVATION; FUNDRAISING TO SUPPORT PROMOTIION AND PRESERVATION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3TO ENCOURAGE THE PRESERVATION AND PROMOTION OF THE HISTORIC AND CULTURAL RESOURCES WITHIN THE COMSTOCK HISTORIC DISTRICT AND/OR VIRGINIA CITY NATIONAL HISTORIC LANDMARK DISTRICT. THE MISSION INCLUDES PURPOSES OF ACQUISITION, RESTORATION PRESERVATION, MAINTENANCE OF HISTORIC STRUCTURES, AREAS, OBJECTS, EXCAVATION OF HISTORIC SITES, COMMUNITY OUTREACH, ADVOCACY, AND CELEBRATION OF THE HISTORY OF THE DISTRICT THROUGH CULTURAL PROGRAMS; COLLABORATION TO ENCOURAGE PRESERVATION; FUNDRAISING TO SUPPORT PROMOTIION AND PRESERVATION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4TO ENCOURAGE THE PRESERVATION AND PROMOTION OF THE HISTORIC AND CULTURAL RESOURCES WITHIN THE COMSTOCK HISTORIC DISTRICT AND/OR VIRGINIA CITY NATIONAL HISTORIC LANDMARK DISTRICT. THE MISSION INCLUDES PURPOSES OF ACQUISITION, RESTORATION PRESERVATION, MAINTENANCE OF HISTORIC STRUCTURES, AREAS, OBJECTS, EXCAVATION OF HISTORIC SITES, COMMUNITY OUTREACH, ADVOCACY, AND CELEBRATION OF THE HISTORY OF THE DISTRICT THROUGH CULTURAL PROGRAMS; COLLABORATION TO ENCOURAGE PRESERVATION; FUNDRAISING TO SUPPORT PROMOTIION AND PRESERVATION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5YEAR-END ADJUSTMENTS
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Officer directors etc family relationship Part VI line 2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Committee meeting documentation Part VI line 8b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Local chapters branches affiliates Part VI line 10a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990 governing body review Part VI line 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Governing documents etc available to public Part VI line 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Explanation of other changes in net assets or fund balances Part XI line 9
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IRS990/TotalAssetsEOYAmt0204184
IRS990/TotalAssetsGrp/BOYAmt0226285
IRS990/TotalAssetsGrp/EOYAmt0204184
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt054671
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt071925
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt08291
IRS990/TotalFunctionalExpensesGrp/TotalAmt080216
IRS990/TotalGrossUBIAmt017
IRS990/TotalLiabilitiesEOYAmt00
IRS990/TotalLiabilitiesGrp/BOYAmt00
IRS990/TotalLiabilitiesGrp/EOYAmt00
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0226285
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0204184
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt08291
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt00
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt01650
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt056338
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt017
IRS990/TotalVolunteersCnt032
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0226285
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0204184
IRS990/TotReportableCompRltdOrgAmt00
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IRS990/TypeOfOrganizationAssocInd0X
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IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0PO BOX 1118
IRS990/USAddress/CityNm0VIRGINIA CITY
IRS990/USAddress/StateAbbreviationCd0NV
IRS990/USAddress/ZIPCd089440
IRS990/VotingMembersGoverningBodyCnt05
IRS990/VotingMembersIndependentCnt00
IRS990/WebsiteAddressTxt0WWW.COMSTOCKFOUNDATION.ORG
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/OOBSecurityVerificationCd000
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd00
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0CORRADO DE GASPERIS
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT CEO
ReturnHeader/BusinessOfficerGrp/PhoneNum07758138935
ReturnHeader/BusinessOfficerGrp/SignatureDt02021-11-09
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0COMSTOCK FOUNDATION FOR HISTORY AND CULTURE
ReturnHeader/Filer/BusinessNameControlTxt0COMS
ReturnHeader/Filer/EIN0463126978
ReturnHeader/Filer/USAddress/AddressLine1Txt0PO BOX 1118
ReturnHeader/Filer/USAddress/CityNm0VIRGINIA CITY
ReturnHeader/Filer/USAddress/StateAbbreviationCd0NV
ReturnHeader/Filer/USAddress/ZIPCd089440
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt021st Century Tax Consultants Inc
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0PO Box 2359
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Dayton
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0NV
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd089403
ReturnHeader/PreparerPersonGrp/PhoneNum07753016989
ReturnHeader/PreparerPersonGrp/PreparationDt02021-11-09
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Marlene D Larson EA 4700C
ReturnHeader/ReturnTs02021-11-09T22:57:11-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0CORRADO
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0DE GASPERIS
ReturnHeader/TaxPeriodBeginDt02020-01-01
ReturnHeader/TaxPeriodEndDt02020-12-31
ReturnHeader/TaxYr02020

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