Civic Intelligence

Preston Castle Foundation

990 • Fiscal year 2023 • EIN 68-0391302

Jan 01, 2023 to Dec 31, 2023 • Filed on May 10, 2024

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

20th percentile

0.00x

Higher debt load relative to assets than 20% of similar nonprofits.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2023

Liabilities / Revenue

24th percentile

0.01x

Higher debt load relative to revenue than 24% of similar nonprofits.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2023

Net Margin

88th percentile

42%

Higher net margin than 88% of similar nonprofits.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2023

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.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2023

Asset Growth

54th percentile

6.1%

Faster asset growth than 54% of similar nonprofits.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2022 to 2023

Revenue Growth

44th percentile

3.2%

Faster revenue growth than 44% of similar nonprofits.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2022 to 2023

Assets

Up

$3,829,137

Up $219,633 (+6.1%) from 2022

Net Assets

Up

$3,826,135

Up $219,629 (+6.1%) from 2022

Liabilities

Up

$3,002

Up $4 (+0.1%) from 2022

Revenue

Up

$521,853

Up $16,079 (+3.2%) from 2022

Expenses

Up

$302,224

Up $1,672 (+0.6%) from 2022

Net Income

Up

$219,629

Up $14,407 (+7.0%) from 2022

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

2023

Assets$3,829,137
Liabilities$3,002
Net Assets$3,826,135

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

2023

Revenue$521,853
Expenses$302,224
Net Income$219,629
Jump To
Filing Snapshot
Filing Period
Jan 1, 2023 to Dec 31, 2023
Signed
May 10, 2024
Return Version
2023v5.0
Gross Receipts
$1,208,361
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$2,699,513$2,682,611▼ $16,902
Savings and Temporary Cash Investments$680,059$683,852▲ $3,793
Cash and Non-Interest-Bearing Accounts$89,214$295,382▲ $206,168
Inventories for Sale or Use$37,495$38,035▲ $540
Accounts Receivable-$1,101-
Total Assets$3,609,504$3,829,137▲ $219,633
Other Assets Total$103,223$128,156▲ $24,933
Liabilities
Accounts Payable and Accrued Expenses$2,998$3,002▲ $4
Total Liabilities$2,998$3,002▲ $4
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$3,499,783$3,718,642▲ $218,859
Net Assets With Donor Restrictions$106,723$107,493▲ $770
Total Net Assets Fund Balance$3,606,506$3,826,135▲ $219,629
Total Liabilities and Net Assets / Fund Balance$3,609,504$3,829,137▲ $219,633

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$1,718,000$370,237$2,088,237
Leasehold Improvements$505,095$193,746$698,841
Land$322,750-$322,750
Other Land Buildings$103,292$50,308$153,600
Equipment$33,474$18,326$51,800
Other Assets Org$103,993--
Compensation and Service Providers

Board Members and Trustees

NameTitle
Karl KnobelauchPresident
Jim BennettVice President
Anita ThomasDirector
Bill ThiryDirector
David BarnesDirector
Donna MunsonDirector
Garrett RogersDirector
Melanie FoxDirector
Nancie CumminsDirector
Rod BurtonDirector
Sybil GriffthDirector
Jamie AndriolaSecretary
Barbara MurrayTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$7,634
Program Service Revenue
$477,465
Investment Income
$18,890
Other Revenue
$17,864
All Other Contributions
$4,647
Change in Net Assets
$219,629

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
Art Historical Treasures3$770Fair Market Value (FMV)
Total Noncash Contributions3$770-
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$274,511
Salaries, Compensation, and Employee Benefits$27,713
Total Fundraising Expense$434
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Depreciation Depletion$91,741--$91,741
All Other Expenses$86,939$3,131-$90,070
Information Technology-$34,003-$34,003
Other Salaries and Wages-$25,523-$25,523
Insurance$13,502$5,835-$19,337
Occupancy$11,774--$11,774
Other Expenses$5,639$1,296-$5,639
Advertising$3,384--$3,384
Payroll Taxes-$2,190-$2,190
Fees for Services Accounting-$2,010-$2,010
Office Expenses--$434$434
Fees for Services Other-$25-$25
Total Functional Expenses$227,777$74,013$434$302,224
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 related by marriage

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
2024-05-10
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Karl Knobelauch
Formed
2001
Legal Domicile
CA
Voting Board Members
13
Independent Board Members
13
Employees
1
Volunteers
196

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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IRS990/OtherExpensesGrp/ProgramServicesAmt21260
IRS990/OtherExpensesGrp/ProgramServicesAmt35639
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IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt02190
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IRS990/PoliticalCampaignActyInd0false
IRS990/PrincipalOfficerNm0KARL KNOBELAUCH
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IRS990/ProgramServiceRevenueGrp/BusinessCd0532000
IRS990/ProgramServiceRevenueGrp/BusinessCd1532000
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IRS990/ProgramServiceRevenueGrp/Desc0SPECIAL EVENTS
IRS990/ProgramServiceRevenueGrp/Desc1TOURS
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IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt177855
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt28842
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IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt28842
IRS990/ProgSrvcAccomActy2Grp/Desc0HISTORIC SITE AVAILABLE FOR SPECIAL EVENTS AND/OR PUBLIC ACTIVITIES
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IRS990/ProgSrvcAccomActy3Grp/Desc0PUBLIC AND PRIVATE TOURS OF THE HISTORIC SITE
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IRS990/PYTotalRevenueAmt0505774
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IRS990/ReconcilationRevenueExpnssAmt0219629
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IRS990/ReportLandBuildingEquipmentInd0true
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IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0680059
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IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt018890
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IRS990ScheduleA/InvestmentIncomeCYPct00.02000
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IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/BuildingsGrp/BookValueAmt01718000
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IRS990ScheduleD/EquipmentGrp/BookValueAmt033474
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IRS990ScheduleD/LandGrp/BookValueAmt0322750
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IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt0505095
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IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt024163
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IRS990ScheduleD/OtherAssetsOrgGrp/Desc0CONSTRUCTION IN PROGRESS
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IRS990ScheduleD/TotalBookValueLandBuildingsAmt02682611

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