Civic Intelligence

Preserve Newport Historic Properties

EIN 81-4395368 • 501(c)3 • Newport, VA

Profile

Preserve historic properties in the comminity of Newport and immediately surrounding areas

291 Seven Oaks RdNewport, VA 24128
Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

33rd percentile

0.00x

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

501(c)3 • $500k-$1M nonprofits • Source year 2019

Liabilities / Revenue

35th percentile

0.00x

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

501(c)3 • $500k-$1M nonprofits • Source year 2019

Net Margin

99th percentile

100%

Higher net margin than 99% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Source year 2019

Top Officer Pay

55th percentile

$0

Higher top officer pay than 55% of similar nonprofits.

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

501(c)3 • $500k-$1M nonprofits • Source year 2019

Asset Growth

99th percentile

767%

Faster asset growth than 99% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Annualized from 2017 to 2019

Revenue Growth

94th percentile

162%

Faster revenue growth than 94% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Annualized from 2017 to 2019

Balance Sheet
Liabilities / Assets33rd percentile

Assets

Up

$505,556

Up $498,837 (+7424%) from 2017

Liabilities

Flat

$0

Flat from 2017

Net Assets

$505,556

No earlier filing loaded for comparison.

Operations
Liabilities / Revenue35th percentileNet Margin99th percentile

Revenue

Up

$501,863

Up $428,527 (+584%) from 2017

Expenses

Down

$548

Down $69,734 (-99%) from 2017

Net Income

Up

$501,315

Up $498,261 (+16315%) from 2017

Trend Graphs

Balance Sheet Trend

Asset Growth99th percentile

Grouped bars show assets, liabilities, and net assets across loaded filings.

$600K$400K$200K$0Assets 2017: $6,719Liabilities 2017: $02017Assets 2019: $505,556Liabilities 2019: $0Net Assets 2019: $505,5562019

Highlighted filing

2019

Assets$505,556
Liabilities$0
Net Assets$505,556
Open 2019 Filing

Operations Trend

Revenue Growth94th percentile

Revenue, expenses, and net income by year, with the latest filing highlighted.

$600K$400K$200K$0Revenue 2017: $73,336Expenses 2017: $70,282Net Income 2017: $3,0542017Revenue 2019: $501,863Expenses 2019: $548Net Income 2019: $501,3152019

Highlighted filing

2019

Revenue$501,863
Expenses$548
Net Income$501,315
Open 2019 Filing

Filings

Most recent year

2019 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$505,556
Liabilities
$0
Net assets
$505,556
Revenue
$501,863
Expenses
$548
Net income
$501,315
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2019Detailed filing. Detailed filing data is available for this year.$5.06$0.00$5.06$5.02$0.01$5.01
2017Summary only. Only limited summary data is available for this year.$0.07$0.00$0.73$0.70$0.03
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2019 to Dec 31, 2019
Signed
Jul 31, 2020
Return Version
2019v5.0
Gross Receipts
$501,863
Mission and Program Overview

Mission

Preserve historic properties in the comminity of Newport and immediately surrounding areas

Preserve historic properties in the municipality of Newport and immediately surrounding areas

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments-$501,378-
Cash and Non-Interest-Bearing Accounts$4,241$4,178▼ $63
Total Assets$4,241$505,556▲ $501,315
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Net Assets With Donor Restrictions-$500,000-
Net Assets Without Donor Restrictions$4,241$5,556▲ $1,315
Total Net Assets Fund Balance$4,241$505,556▲ $501,315
Total Liabilities and Net Assets / Fund Balance$4,241$505,556▲ $501,315
Compensation and Service Providers
Top Officer Pay55th percentile

Board Members and Trustees

NameTitle
Michael D WilliamsChairman
David BradyConsultant
Jerolyn DeplazesSecretary
Revenue and Support

Revenue Composition

Contributions and Grants
$500,485
Program Service Revenue
$0
Investment Income
$1,378
Other Revenue
$0
All Other Contributions
$500,485
Change in Net Assets
$501,315
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$548
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Legal-$273-$273
Fees for Services Accounting-$265-$265
Fees for Services Other$10--$10
Total Functional Expenses$10$538$0$548
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
No
Backup withholding compliance
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

Part VI Line 11B

“Copy given to all board members”

Part VI Line 19

“Documents available to general public at any time by request of any board”

Part VI Line 19

“member”

Filing and Contact Details

Filer

Filer Name
Preserve Newport Historic Properties
EIN
81-4395368
In Care Of
% Michael D Williams
Phone
5406263960
Address
291 Seven Oaks Rd, Newport, VA 24128

Signing Officer

Name
Michael D Williams
Title
Chairman
Phone
5406263960
Signed
2020-07-31
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Michael D Williams
Formed
2016
Legal Domicile
Va
Voting Board Members
0
Independent Board Members
0
Employees
0

Preparer

Preparer
Mark J Hubbard
Phone
5409213595
Raw XML Appendix264 raw XML fields

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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ReturnHeader/BuildTS02020-11-19 02:30:22Z
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