Civic Intelligence

Preston Castle Foundation

990 • Fiscal year 2021 • EIN 68-0391302

Jan 01, 2021 to Dec 31, 2021 • Filed on Apr 29, 2022

PO Box 488Ione, CA 95640-0488

(209) 256-3632

Siviq Scores

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

Liabilities / Assets

19th percentile

0.00x

Higher debt load relative to assets than 19% of similar nonprofits.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2021

Liabilities / Revenue

22nd percentile

0.00x

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

2021 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2021

Net Margin

86th percentile

48%

Higher net margin than 86% of similar nonprofits.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2021

Top Officer Pay

39th percentile

$0

Higher top officer pay than 39% of similar nonprofits.

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

2021 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2021

Asset Growth

44th percentile

6.7%

Faster asset growth than 44% of similar nonprofits.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2020 to 2021

Revenue Growth

99th percentile

1708%

Faster revenue growth than 99% of similar nonprofits.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2020 to 2021

Assets

Up

$3,404,780

Up $215,005 (+6.7%) from 2020

Net Assets

Up

$3,402,696

Up $212,982 (+6.7%) from 2020

Liabilities

Up

$2,084

Up $2,023 (+3316%) from 2020

Revenue

Up

$443,288

Up $418,765 (+1708%) from 2020

Expenses

Up

$230,307

Up $65,205 (+39%) from 2020

Net Income

Up

$212,981

Up $353,560 (+252%) from 2020

Historical Trend

Balance Sheet Trend

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

$6.0M$4.0M$2.0M$0Assets 2011: $241,742Liabilities 2011: $02011Assets 2013: $412,738Liabilities 2013: $0Net Assets 2013: $412,7382013Assets 2014: $2,689,934Liabilities 2014: $1,280Net Assets 2014: $2,688,6542014Assets 2015: $2,784,702Liabilities 2015: $1,264Net Assets 2015: $2,783,4382015Assets 2016: $2,885,147Liabilities 2016: $3,784Net Assets 2016: $2,881,3632016Assets 2017: $3,070,050Liabilities 2017: $2,132Net Assets 2017: $3,067,9182017Assets 2018: $3,211,953Liabilities 2018: $3,638Net Assets 2018: $3,208,3152018Assets 2019: $3,331,933Liabilities 2019: $1,640Net Assets 2019: $3,330,2932019Assets 2020: $3,189,775Liabilities 2020: $61Net Assets 2020: $3,189,7142020Assets 2021: $3,404,780Liabilities 2021: $2,084Net Assets 2021: $3,402,6962021Assets 2022: $3,609,504Liabilities 2022: $2,998Net Assets 2022: $3,606,5062022Assets 2023: $3,829,137Liabilities 2023: $3,002Net Assets 2023: $3,826,1352023Assets 2024: $4,034,314Liabilities 2024: $3,868Net Assets 2024: $4,030,4462024

Highlighted filing

2021

Assets$3,404,780
Liabilities$2,084
Net Assets$3,402,696

Operations Trend

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

$3.0M$2.0M$1.0M$0-$1.0MRevenue 2011: $159,778Expenses 2011: $80,138Net Income 2011: $79,6402011Revenue 2013: $308,106Expenses 2013: $92,500Net Income 2013: $215,6062013Revenue 2014: $2,355,253Expenses 2014: $79,337Net Income 2014: $2,275,9162014Revenue 2015: $284,648Expenses 2015: $189,864Net Income 2015: $94,7842015Revenue 2016: $312,279Expenses 2016: $214,354Net Income 2016: $97,9252016Revenue 2017: $394,754Expenses 2017: $208,199Net Income 2017: $186,5552017Revenue 2018: $379,718Expenses 2018: $239,321Net Income 2018: $140,3972018Revenue 2019: $380,421Expenses 2019: $258,443Net Income 2019: $121,9782019Revenue 2020: $24,523Expenses 2020: $165,102Net Income 2020: -$140,5792020Revenue 2021: $443,288Expenses 2021: $230,307Net Income 2021: $212,9812021Revenue 2022: $505,774Expenses 2022: $300,552Net Income 2022: $205,2222022Revenue 2023: $521,853Expenses 2023: $302,224Net Income 2023: $219,6292023Revenue 2024: $506,372Expenses 2024: $302,061Net Income 2024: $204,3112024

Highlighted filing

2021

Revenue$443,288
Expenses$230,307
Net Income$212,981
Jump To
Filing Snapshot
Filing Period
Jan 1, 2021 to Dec 31, 2021
Signed
Apr 29, 2022
Return Version
2021v4.2
Gross Receipts
$468,419
Mission and Program Overview

Mission

The preston castle foundation is dedicated to the preservation, rehabilitation, and utilization of the preston castle historical site.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$2,529,131$2,508,653▼ $20,478
Savings and Temporary Cash Investments$507,584$703,069▲ $195,485
Cash and Non-Interest-Bearing Accounts$14,185$63,685▲ $49,500
Inventories for Sale or Use$26,189$26,150▼ $39
Total Assets$3,189,776$3,404,780▲ $215,004
Other Assets Total$112,687$103,223▼ $9,464
Liabilities
Accounts Payable and Accrued Expenses$61$2,084▲ $2,023
Total Liabilities$61$2,084▲ $2,023
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$3,093,392$3,295,973▲ $202,581
Net Assets With Donor Restrictions$96,323$106,723▲ $10,400
Total Net Assets Fund Balance$3,189,715$3,402,696▲ $212,981
Total Liabilities and Net Assets / Fund Balance$3,189,776$3,404,780▲ $215,004

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$1,732,444$288,007$2,020,451
Leasehold Improvements$339,085$129,744$468,829
Land$322,750-$322,750
Other Land Buildings$110,780$30,453$141,233
Equipment$3,594$10,286$13,880
Other Assets Org$103,223--
Compensation and Service Providers

Board Members and Trustees

NameTitle
Karl KnobelauchPresident
Jim BennettVice President
Chris GarbariniDirector
Connie BrennerDirector
David BarnesDirector
Donna MunsonDirector
Richard ForsterDirector
Rod BurtonDirector
Sandy FullerDirector
Sybil GriffthDirector
Yolanda BennettDirector
Jamie BargerSecretary
Barbara MurrayTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$44,970
Program Service Revenue
$381,285
Investment Income
$612
Other Revenue
$16,421
All Other Contributions
$37,115
Change in Net Assets
$212,981

Noncash Contribution Practices

Property subject to holding requirements
No
Reviewed unusual noncash gifts
No
Third parties used for noncash contributions
No

Noncash Contributions

Contribution TypeContribution CountReported AmountValuation Method
Other Non Cash Contri Table1$17,500Fair Market Value (FMV)
Art Historical Treasures1$10,400Fair Market Value (FMV)
Total Noncash Contributions2$27,900-
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$230,307
Total Fundraising Expense$257
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
All Other Expenses$76,608$1,592$257$78,457
Depreciation Depletion$78,346--$78,346
Fees for Services Other-$17,040-$17,040
Insurance$10,843$4,647-$15,490
Occupancy$8,689--$8,689
Advertising$2,037--$2,037
Fees for Services Accounting-$1,325-$1,325
Other Expenses$293--$293
Total Functional Expenses$205,446$24,604$257$230,307
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
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
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
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

Two board members are married to each other

Form 990 governing body review Part VI line 11

The tax return is provided to board officers prior to filing. The board president reviews and signs the tax return.

Governing documents etc available to public Part VI line 19

The foundation makes all its governing documents available to the public upon request

Filing and Contact Details

Filer

Filer Name
Preston Castle Foundation
EIN
68-0391302
Address
PO BOX 488, IONE, CA 95640-0488

Signing Officer

Name
Karl Knobelauch
Title
President
Phone
2092563632
Signed
2022-04-29
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Karl Knobelauch
Formed
2001
Legal Domicile
CA
Voting Board Members
13
Independent Board Members
11
Employees
0
Volunteers
211

Preparer

Firm
Cathy Castillo CPA
Address
460 Sutter Hill Rd Ste E POBox 1355, Sutter Creek, CA 95685
Preparer
Cathy Castillo
Phone
2092675119
Supplemental Narrative

Additional Explanations

List of other expenses Part IX line 24E

See detailed overflow statements

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This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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