Civic Intelligence

Hickory Landmarks Society Inc.

990 • Fiscal year 2023 • EIN 56-6093210

Jul 01, 2022 to Jun 30, 2023 • Filed on Sep 05, 2023

PO Box 2341Hickory, NC 28603

(828) 322-4731

Siviq Scores

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

Liabilities / Assets

55th percentile

0.03x

Higher debt load relative to assets than 55% of similar nonprofits.

2023 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2023

Liabilities / Revenue

73rd percentile

0.16x

Higher debt load relative to revenue than 73% of similar nonprofits.

2023 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2023

Net Margin

21st percentile

-14%

Higher net margin than 21% of similar nonprofits.

2023 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2023

Top Officer Pay

66th percentile

$46,963

Higher top officer pay than 66% of similar nonprofits.

Top officer pay equals 31.3% of source-year revenue.

2023 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2023

Asset Growth

31st percentile

-2.9%

Faster asset growth than 31% of similar nonprofits.

2023 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2022 to 2023

Revenue Growth

56th percentile

12%

Faster revenue growth than 56% of similar nonprofits.

2023 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2022 to 2023

Assets

Down

$792,236

Down $23,524 (-2.9%) from 2022

Net Assets

Down

$768,750

Down $20,619 (-2.6%) from 2022

Liabilities

Down

$23,486

Down $2,905 (-11%) from 2022

Revenue

Up

$149,834

Up $16,579 (+12%) from 2022

Expenses

Down

$170,453

Down $28,859 (-14%) from 2022

Net Income

Up

-$20,619

Up $45,438 (+69%) from 2022

Historical Trend

Balance Sheet Trend

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

$1.5M$1.0M$500K$0Assets 2012: $1,414,892Liabilities 2012: $99,932Net Assets 2012: $1,314,9602012Assets 2013: $1,329,246Liabilities 2013: $92,346Net Assets 2013: $1,236,9002013Assets 2014: $1,293,187Liabilities 2014: $87,102Net Assets 2014: $1,206,0852014Assets 2015: $1,145,291Liabilities 2015: $62,441Net Assets 2015: $1,082,8502015Assets 2016: $981,910Liabilities 2016: $58,148Net Assets 2016: $923,7622016Assets 2017: $918,307Liabilities 2017: $52,872Net Assets 2017: $865,4352017Assets 2018: $883,100Liabilities 2018: $46,591Net Assets 2018: $836,5092018Assets 2019: $880,860Liabilities 2019: $41,792Net Assets 2019: $839,0682019Assets 2020: $852,907Liabilities 2020: $40,645Net Assets 2020: $812,2622020Assets 2021: $887,791Liabilities 2021: $32,365Net Assets 2021: $855,4262021Assets 2022: $815,760Liabilities 2022: $26,391Net Assets 2022: $789,3692022Assets 2023: $792,236Liabilities 2023: $23,486Net Assets 2023: $768,7502023Assets 2024: $938,109Liabilities 2024: $128Net Assets 2024: $937,9812024Assets 2025: $972,452Liabilities 2025: $953Net Assets 2025: $971,4992025

Highlighted filing

2023

Assets$792,236
Liabilities$23,486
Net Assets$768,750

Operations Trend

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

$400K$200K$0-$200KRevenue 2012: $126,686Expenses 2012: $273,055Net Income 2012: -$146,3692012Revenue 2013: $171,529Expenses 2013: $249,589Net Income 2013: -$78,0602013Revenue 2014: $214,158Expenses 2014: $244,973Net Income 2014: -$30,8152014Revenue 2015: $106,277Expenses 2015: $229,512Net Income 2015: -$123,2352015Revenue 2016: $70,140Expenses 2016: $230,836Net Income 2016: -$160,6962016Revenue 2017: $158,100Expenses 2017: $216,427Net Income 2017: -$58,3272017Revenue 2018: $183,534Expenses 2018: $212,460Net Income 2018: -$28,9262018Revenue 2019: $211,879Expenses 2019: $209,320Net Income 2019: $2,5592019Revenue 2020: $191,802Expenses 2020: $218,608Net Income 2020: -$26,8062020Revenue 2021: $245,847Expenses 2021: $202,683Net Income 2021: $43,1642021Revenue 2022: $133,255Expenses 2022: $199,312Net Income 2022: -$66,0572022Revenue 2023: $149,834Expenses 2023: $170,453Net Income 2023: -$20,6192023Revenue 2024: $290,362Expenses 2024: $121,131Net Income 2024: $169,2312024Revenue 2025: $163,212Expenses 2025: $129,694Net Income 2025: $33,5182025

Highlighted filing

2023

Revenue$149,834
Expenses$170,453
Net Income-$20,619
Jump To
Filing Snapshot
Filing Period
Jul 1, 2022 to Jun 30, 2023
Signed
Sep 5, 2023
Return Version
2022v5.0
Gross Receipts
$193,721
Mission and Program Overview

Mission

The mission of the hickory landmarks society is to serve the hickory region by leading in the protection of historically or architecturally significant landmarks.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$655,636$649,725▼ $5,911
Investments Program Related$139,275$134,994▼ $4,281
Inventories for Sale or Use$4,951$4,759▼ $192
Accounts Receivable$2,463$1,419▼ $1,044
Savings and Temporary Cash Investments$13,502$978▼ $12,524
Cash and Non-Interest-Bearing Accounts$-67$361▲ $428
Total Assets$815,760$792,236▼ $23,524
Liabilities
Mortgage Notes Payable Secured by Investment Property$23,815$17,956▼ $5,859
Accounts Payable and Accrued Expenses$1,226$4,180▲ $2,954
Deferred Revenue$1,350$1,350→ $0
Total Liabilities$26,391$23,486▼ $2,905
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$581,970$617,780▲ $35,810
Net Assets With Donor Restrictions$207,399$150,970▼ $56,429
Total Net Assets Fund Balance$789,369$768,750▼ $20,619
Total Liabilities and Net Assets / Fund Balance$815,760$792,236▼ $23,524

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$593,725$83,855$677,580
Land$56,000-$56,000
Equipment$0$8,175$8,175
Investment Program Related Org$134,994--
Other Land Buildings$0$0$0
Leasehold Improvements$0$0$0

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2022$5,866$0▲ $11,311$26,517$-10,661
2021$67,160$27,420▼ $23,416$63,629$5,866
2020$21,053$44,929▲ $47,742$44,875$67,160
2019$49,887$59,910▼ $670$86,424$21,053
2018$8,237$58,750▲ $8,928$24,522$49,887
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Leslie KellerExecutive DirectorFT$46,963$46,963
Patrick DailyFormer Executive DirectorFT$43,935$43,935
Patrick Daily--$43,935$43,935

Board Members and Trustees

NameTitle
Robin RobertsonPresident
Joe OsborneVice-president
Katherine MullVice-president
Amelia StaffordBoard Member
Angela LambertBoard Member
Brannon EarlesBoard Member
Corey RichardsonBoard Member
David WebberBoard Member
G Scott LailBoard Member
Lance HightBoard Member
Leslie FerrellBoard Member
Marilyn FutrelleBoard Member
Stuart BridgersBoard Member
Susan LyonsBoard Member
Tom DobbinsBoard Member
Sam HuntSecretary
Jim GregoryTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$98,534
Program Service Revenue
$15,918
Investment Income
$1,547
Other Revenue
$33,835
All Other Contributions
$66,178
Change in Net Assets
$-20,619
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$109,957
Other Expenses$60,496
Total Fundraising Expense$38,809
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$18,072$18,072$18,071$54,215
Current Officers, Directors, Trustees, and Key Employees$15,654$15,654$15,655$46,963
All Other Expenses$20,216$434$0$20,650
Other Expenses$3,860$6,653$0$10,513
Payroll Taxes$2,580$2,580$2,580$7,740
Insurance$2,155$2,155$2,156$6,466
Depreciation Depletion$0$5,911$0$5,911
Fees for Services Accounting$0$2,587$0$2,587
Office Expenses$811$810$0$1,621
Fees for Service Investment Mgmnt Fees$0$1,441$0$1,441
Advertising$0$1,140$0$1,140
Other Employee Benefits$346$346$347$1,039
Total Functional Expenses$73,343$58,301$38,809$170,453
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$31,987
Fundraising Direct Expenses$10,113
Gaming Direct Expenses$0
Gaming Gross Income$0
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
H&g Tour$17,080$16,780$152$16,628
Poinsettia Sales$14,607$14,607$10,113$4,494
Total Events$31,687$31,387$10,805$20,582
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
No
Audit committee
Yes
Backup withholding compliance
Yes
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
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No
Filing and Contact Details

Filer

Filer Name
Hickory Landmarks Society Inc
EIN
56-6093210
Phone
8283224731
Address
PO BOX 2341, HICKORY, NC 28603

Signing Officer

Name
Leslie Keller
Title
Executive Director
Phone
8283224731
Signed
2023-09-05
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Patrick Daily
Formed
1968
Legal Domicile
Nc
Voting Board Members
17
Independent Board Members
17
Employees
3
Volunteers
180

Preparer

Firm
J Stacy Cooke CPA Pllc
Address
147 NORTH MAIN STREET, GRANITE FALLS, NC 28630
Preparer
J Stacy Cooke CPA Pllc
Phone
8283962315
Supplemental Narrative

Additional Explanations

Pt VI, Line 6

The hickory landmarks society has members

Pt VI, Line 7A

The hickory landmarks society has members that may elect

Pt VI, Line 7A

One or more members of the governing body

Pt VI, Line 8A

The hickory landmarks society contemporaneously document-

Pt VI, Line 8A

Ed the meetings held and written action untertaken

Pt VI, Line 8A

During the year by the governing body

Pt VI, Line 8B

The hickory landmarks society contemporaneously document-

Pt VI, Line 8B

Ed the meetings held and written action untertaken

Pt VI, Line 8B

During the year by each committe with authority to act

Pt VI, Line 8B

On behalf of the governing body

Pt VI, Line 11B

A copy of this form 990 was given to all members of the

Pt VI, Line 11B

Governing body before filing

Pt VI, Line 12C

The hickory landmarks society regularly and consistently

Pt VI, Line 12C

Monitors and enforces compliance with its conflict of

Pt VI, Line 12C

INTEREST POLICY

Pt VI, Line 15A

Determining commpensation of all employees includes a

Pt VI, Line 15B

Review and approval by independent persons, comparability

Pt VI, Line 15B

Data, and contemporaneous substantiation of the

Pt VI, Line 15B

Deliberation and decision

Form 990, Part IX, Line 24E

Repairs and maintenance 16026. 16026. 0. 0.

Form 990, Part IX, Line 24E

Curatorial programs 125. 125. 0. 0.

Form 990, Part IX, Line 24E

Barger rental deprciation -5911. 0. -5911. 0.

Form 990, Part IX, Line 24E

Printing and publications 6245. 3122. 3123. 0.

Form 990, Part IX, Line 24E

Credit card processing fees 1888. 0. 1888. 0.

Form 990, Part IX, Line 24E

Postage 1887. 943. 944. 0.

Form 990, Part IX, Line 24E

SECURITY 390. 0. 390. 0.

Financial Statement Notes

Pt III, Line 4

The hickory landmarks society, inc. Maintains an inventory

Pt III, Line 4

Of historical prints, ornaments, miniatures, and books

Pt III, Line 4

That are available for the public to view and/or purchase.

Pt V, Line 4

The intended use of the organization's endowment funds

Pt V, Line 4

Is to protect historical or architecturally significant

Pt V, Line 4

Individual landmarks, neighborhoods, and traditions in

Pt V, Line 4

The hickory, north carolina area.

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IRS990/Form990PartVIISectionAGrp/PersonNm14STUART BRIDGERS
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IRS990/Form990PartVIISectionAGrp/TitleTxt0EXECUTIVE DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt1FORMER EXECUTIVE DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt2PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt3VICE-PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt4VICE-PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt5TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt6SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt7BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt8BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt9BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt10BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt11BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt12BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt13BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt14BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt15BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt16BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt17BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt18BOARD MEMBER
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IRS990/Form990TFiledInd0true
IRS990/FormationYr01968
IRS990/FormerOfcrEmployeesListedInd0true
IRS990/FSAuditedInd0false
IRS990/FundraisingActivitiesInd0true
IRS990/FundraisingAmt00
IRS990/FundraisingDirectExpensesAmt010113
IRS990/FundraisingGrossIncomeAmt031987
IRS990/GainOrLossGrp/SecuritiesAmt0-866
IRS990/GamingActivitiesInd0false
IRS990/GamingDirectExpensesAmt00
IRS990/GamingGrossIncomeAmt00
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IRS990/GrantAmt00
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IRS990/MethodOfAccountingAccrualInd0X
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IRS990/OtherExpensesGrp/Desc0DUES & PUBLICATIONS
IRS990/OtherExpensesGrp/Desc1EDUCATIONAL PROGRAMS
IRS990/OtherExpensesGrp/Desc2UTILITIES
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IRS990/OtherExpensesGrp/FundraisingAmt10
IRS990/OtherExpensesGrp/FundraisingAmt20
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IRS990/OtherExpensesGrp/ManagementAndGeneralAmt10
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt26653
IRS990/OtherExpensesGrp/ProgramServicesAmt00
IRS990/OtherExpensesGrp/ProgramServicesAmt19649
IRS990/OtherExpensesGrp/ProgramServicesAmt23860
IRS990/OtherExpensesGrp/TotalAmt0518

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.97$0.00$0.97$0.16$0.13$0.03
2024Detailed filing. Detailed filing data is available for this year.$0.94$0.00$0.94$0.29$0.12$0.17
2023Detailed filing. Detailed filing data is available for this year.$0.79$0.02$0.77$0.15$0.17$0.02
2022Detailed filing. Detailed filing data is available for this year.$0.82$0.03$0.79$0.13$0.20$0.07
2021Detailed filing. Detailed filing data is available for this year.$0.89$0.03$0.86$0.25$0.20$0.04
2020Summary only. Only limited summary data is available for this year.$0.85$0.04$0.81$0.19$0.22$0.03
2019Summary only. Only limited summary data is available for this year.$0.88$0.04$0.84$0.21$0.21$0.00
2018Summary only. Only limited summary data is available for this year.$0.88$0.05$0.84$0.18$0.21$0.03
2017Summary only. Only limited summary data is available for this year.$0.92$0.05$0.87$0.16$0.22$0.06
2016Summary only. Only limited summary data is available for this year.$0.98$0.06$0.92$0.07$0.23$0.16
2015Summary only. Only limited summary data is available for this year.$1.15$0.06$1.08$0.11$0.23$0.12
2014Summary only. Only limited summary data is available for this year.$1.29$0.09$1.21$0.21$0.24$0.03
2013Summary only. Only limited summary data is available for this year.$1.33$0.09$1.24$0.17$0.25$0.08
2012Summary only. Only limited summary data is available for this year.$1.41$0.10$1.31$0.13$0.27$0.15