Civic Intelligence

Willows Park Preserve

990 • Fiscal year 2022 • EIN 82-2732470

Jan 01, 2022 to Dec 31, 2022 • Filed on Apr 26, 2023

490 Darby Paoli RdVillanova, PA 19085-1006

(215) 839-0985

Siviq Scores

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

Liabilities / Assets

47th percentile

0.05x

Higher debt load relative to assets than 47% of similar nonprofits.

2022 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2022

Liabilities / Revenue

62nd percentile

0.16x

Higher debt load relative to revenue than 62% of similar nonprofits.

2022 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2022

Net Margin

81st percentile

32%

Higher net margin than 81% of similar nonprofits.

2022 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2022

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.

2022 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2022

Asset Growth

72nd percentile

15%

Faster asset growth than 72% of similar nonprofits.

2022 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2021 to 2022

Revenue Growth

87th percentile

71%

Faster revenue growth than 87% of similar nonprofits.

2022 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2021 to 2022

Assets

Up

$1,394,603

Up $181,076 (+15%) from 2021

Net Assets

Up

$1,323,779

Up $140,797 (+12%) from 2021

Liabilities

Up

$70,824

Up $40,279 (+132%) from 2021

Revenue

Up

$439,311

Up $182,635 (+71%) from 2021

Expenses

Up

$298,514

Up $97,796 (+49%) from 2021

Net Income

Up

$140,797

Up $84,839 (+152%) from 2021

Historical Trend

Balance Sheet Trend

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

$2.0M$1.5M$1.0M$500K$0Assets 2017: $7,127Liabilities 2017: $02017Assets 2018: $596,031Liabilities 2018: $0Net Assets 2018: $596,0312018Assets 2019: $996,729Liabilities 2019: $0Net Assets 2019: $996,7292019Assets 2020: $1,148,451Liabilities 2020: $21,427Net Assets 2020: $1,127,0242020Assets 2021: $1,213,527Liabilities 2021: $30,545Net Assets 2021: $1,182,9822021Assets 2022: $1,394,603Liabilities 2022: $70,824Net Assets 2022: $1,323,7792022Assets 2023: $1,428,358Liabilities 2023: $86,136Net Assets 2023: $1,342,2222023Assets 2024: $1,685,412Liabilities 2024: $138,415Net Assets 2024: $1,546,9972024Assets 2025: $1,751,193Liabilities 2025: $148,535Net Assets 2025: $1,602,6582025

Highlighted filing

2022

Assets$1,394,603
Liabilities$70,824
Net Assets$1,323,779

Operations Trend

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

$800K$600K$400K$200K$0Revenue 2017: $12,276Expenses 2017: $5,149Net Income 2017: $7,1272017Revenue 2018: $655,165Expenses 2018: $66,261Net Income 2018: $588,9042018Revenue 2019: $721,636Expenses 2019: $302,827Net Income 2019: $418,8092019Revenue 2020: $299,939Expenses 2020: $296,193Net Income 2020: $3,7462020Revenue 2021: $256,676Expenses 2021: $200,718Net Income 2021: $55,9582021Revenue 2022: $439,311Expenses 2022: $298,514Net Income 2022: $140,7972022Revenue 2023: $316,100Expenses 2023: $297,657Net Income 2023: $18,4432023Revenue 2024: $535,846Expenses 2024: $331,071Net Income 2024: $204,7752024Revenue 2025: $479,713Expenses 2025: $424,052Net Income 2025: $55,6612025

Highlighted filing

2022

Revenue$439,311
Expenses$298,514
Net Income$140,797
Jump To
Filing Snapshot
Filing Period
Jan 1, 2022 to Dec 31, 2022
Signed
Apr 26, 2023
Return Version
2022v5.0
Gross Receipts
$439,311
Mission and Program Overview

Mission

See schedule O

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$1,042,163$1,227,156▲ $184,993
Savings and Temporary Cash Investments$168,589$163,156▼ $5,433
Accounts Receivable$2,050$3,088▲ $1,038
Prepaid Expenses and Deferred Charges$725$1,203▲ $478
Total Assets$1,213,527$1,394,603▲ $181,076
Liabilities
Deferred Revenue$27,000$60,690▲ $33,690
Accounts Payable and Accrued Expenses$3,545$10,134▲ $6,589
Total Liabilities$30,545$70,824▲ $40,279
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$1,174,489$1,322,311▲ $147,822
Net Assets With Donor Restrictions$8,493$1,468▼ $7,025
Total Net Assets Fund Balance$1,182,982$1,323,779▲ $140,797
Total Liabilities and Net Assets / Fund Balance$1,213,527$1,394,603▲ $181,076

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$16,957--
Equipment$6,654--
Leasehold Improvements$1,203,545$105,351-
Compensation and Service Providers

Board Members and Trustees

NameTitle
Ava AljianBoard Director
Chris HatchBoard Director
Clifford CohnBoard Director
John DeFlaminisBoard Director
Julie OMalleyBoard Director
Michael KissingerBoard Director
Sherin SolaraBoard Director
Howard HoldenBoard Director - Current Pres
Claire StreibeertBoard Director and Secretary
Krista HixonBoard Director and Treasurer
Mary CoeBoard Director and VP
William NordExecutive Director
Revenue and Support

Revenue Composition

Contributions and Grants
$348,010
Program Service Revenue
$90,931
Investment Income
$370
Other Revenue
$0
All Other Contributions
$331,842
Change in Net Assets
$140,797

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$13,004Fair market value
Other Non Cash Contri Table11$11,738Fair market value
Other Non Cash Contri Table2$6,500Fair market value
Total Noncash Contributions14$31,242-
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$212,019
Salaries, Compensation, and Employee Benefits$86,495
Total Fundraising Expense$33,228
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
All Other Expenses$82,143$8,594$218$90,955
Current Officers, Directors, Trustees, and Key Employees$44,088$12,024$24,048$80,160
Depreciation Depletion$49,759--$49,759
Fees for Services Accounting-$24,085-$24,085
Fees for Services Legal$6,600$4,478-$11,078
Payroll Taxes$3,486$947$1,902$6,335
Insurance$3,860--$3,860
Advertising--$745$745
Office Expenses$250$235-$485
Other Expenses$1,919$500$75$75
Total Functional Expenses$214,423$50,863$33,228$298,514
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Fall Event----
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
Yes
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
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990 governing body review Part VI line 11

Treasurer reviewed with Board President prior to filling. Additionally the pdf version of this 990 was posted in draft form to the WPPs SharePoint file cabinet and made available to all Board members prior to filing. All board members were provided with an executive summary and advised that the complete filing was available for their review.

Conflict of interest policy compliance Part VI line 12C

By-laws require approval of at least 2 officers for disbursement of funds. WPP hired a 3rd party accounting firm to maintain our books and produce financial reports which are shared and reviewed monthly at Board meetings.

CEO executive director top management comp Part VI line 15A

Reviewed compensation structure with outside legal counsel. Also did market analysis. This process was last undertaken in 2020. (William Nord)

Governing documents etc available to public Part VI line 19

Documents are available upon request.

Part VII response or note to any other line in Part VII

Employee Compensation ExplanationNew ED (William Nord)was hired on Dec 1st 2020. Compensation is $5,000 per month in salary with opportunity to earn $5,000 bonuses at 6 month interval.

Filing and Contact Details

Filer

Filer Name
Willows Park Preserve
EIN
82-2732470
Address
490 DARBY PAOLI RD, VILLANOVA, PA 19085-1006

Signing Officer

Name
Krista Hixon
Title
Board Director
Signed
2023-04-26
Discuss with paid preparer
No

Organization Details

Formed
2017
Legal Domicile
Pa
Voting Board Members
12
Independent Board Members
12
Employees
1
Volunteers
5

Preparer

Firm
Ludwig Business Consultants
Address
1120 WELSH ROAD SUITE 200, North Wales, PA 19454
Preparer
Phyllis A Ludwig
Phone
2158390985
Supplemental Narrative

Additional Explanations

Significant program services not listed on prior year return Part III line 2

Buiding Restoration & Maintenance, Public Programming, Events and Mansion Usage

List of other expenses Part IX line 24E

Building ServicesLandscapingUtilitiesProgram 2 expensesBank feesWorkers compensation insuranceTelephone and internetPostageSoftware and computer suppliesPayroll service feesWebsite services

Part III response or note to any other line in Part III

Part III, Line 2Building Restoration & Maintenance Public Programming, Events and Mansion Usage Part III, Line 1The Corporation is a nonprofit organization organized and operated exclusively for charitable purposes within the meaning of Section 501(c)(3)of the Internal Revenue Code of 1986, as amended (the Code), specifically for the purposes of restoring and maintaining Willows Mansion, a historic property located in Pennsylvania and owned by Radnor Township, thereby alleviating the Townships burden of caring for and preserving this historic property and making it open and available for public use and enjoyment.

General explanation attachment

1: FormAndLineReferenceDesc: Part I line 1The Corporation is a nonprofit organization organized and operated exlusively for charitable purposes within the meaning of Section 501(c)(3)of the Internal Revenue Code of 1986,as amended(the Code),specifically for the purposes for restoring and maintaining Willows Mansion,a historic property located in Pennsylvania and owned by Radnor Township, thereby alleviating the Townships burden of caring and preserving this historic property and making it open and available for public use and enjoyment.

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IRS990/OtherExpensesGrp/Desc1EVENT & GENERAL FUNDRAISING
IRS990/OtherExpensesGrp/Desc2EVENTBRITE FEES
IRS990/OtherExpensesGrp/Desc3DUES AND SUBSCRIPTIONS
IRS990/OtherExpensesGrp/FundraisingAmt06240
IRS990/OtherExpensesGrp/FundraisingAmt175
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt0500
IRS990/OtherExpensesGrp/ProgramServicesAmt022318
IRS990/OtherExpensesGrp/ProgramServicesAmt11919
IRS990/OtherExpensesGrp/TotalAmt022818
IRS990/OtherExpensesGrp/TotalAmt16240
IRS990/OtherExpensesGrp/TotalAmt21919
IRS990/OtherExpensesGrp/TotalAmt375
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IRS990/PayrollTaxesGrp/FundraisingAmt01902
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt0947
IRS990/PayrollTaxesGrp/ProgramServicesAmt03486
IRS990/PayrollTaxesGrp/TotalAmt06335
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IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt0725
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt01203
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IRS990/ProgramServiceRevenueGrp/BusinessCd0722320
IRS990/ProgramServiceRevenueGrp/Desc0Usage feescommissions
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt090931
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt090931
IRS990/ProgSrvcAccomActy2Grp/Desc0As part of the WPPs mission and stewardship of the Willows Mansion, we are making it available for the community to use and enjoy.Program 2 - Public Programing, Events and Mansion Usage (including private events)
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt092649
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IRS990/PYTotalRevenueAmt0256676
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IRS990/RevenueAmt020529
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IRS990/SavingsAndTempCashInvstGrp/EOYAmt0163156
IRS990ScheduleA/First5Years509Ind0X
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt0316768
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt0197152
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt0301431
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt0623728
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt0604608
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt02043687
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt0370
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IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt010457
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt0114
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IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt090931
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt030723
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt0121654
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt0370
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt04
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IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt010457
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt0114
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt012882
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus2YearsAmt01000
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus4YearsAmt0152
IRS990ScheduleA/OtherIncome509Grp/TotalAmt01152
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportTotal509Amt02165341
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0407699
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IRS990ScheduleA/Total509Grp/TotalAmt02165341
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IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0227879
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IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt0634185
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt0604874
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt02179375
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IRS990ScheduleD/EquipmentGrp/BookValueAmt06654
IRS990ScheduleD/EquipmentGrp/InvestmentCostOrOtherBasisAmt06654
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt01203545
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt0105351
IRS990ScheduleD/LeaseholdImprovementsGrp/InvestmentCostOrOtherBasisAmt01308896
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt016957
IRS990ScheduleD/OtherLandBuildingsGrp/InvestmentCostOrOtherBasisAmt016957
IRS990ScheduleD/TotalBookValueLandBuildingsAmt01227156
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0Fall Event
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IRS990ScheduleM/OtherNonCashContriTableGrp/ContributionCnt01
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IRS990ScheduleM/OtherNonCashContriTableGrp/Desc0Utilites
IRS990ScheduleM/OtherNonCashContriTableGrp/Desc1Silent Auction
IRS990ScheduleM/OtherNonCashContriTableGrp/Desc2Program 2 expenses
IRS990ScheduleM/OtherNonCashContriTableGrp/MethodOfDeterminingRevenuesTxt0Fair market value
IRS990ScheduleM/OtherNonCashContriTableGrp/MethodOfDeterminingRevenuesTxt1Fair market value
IRS990ScheduleM/OtherNonCashContriTableGrp/MethodOfDeterminingRevenuesTxt2Fair market value
IRS990ScheduleM/OtherNonCashContriTableGrp/NonCashCheckboxInd0X
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IRS990ScheduleM/OtherNonCashContriTableGrp/NoncashContributionsRptF990Amt111738
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Treasurer reviewed with Board President prior to filling. Additionally the pdf version of this 990 was posted in draft form to the WPPs SharePoint file cabinet and made available to all Board members prior to filing. All board members were provided with an executive summary and advised that the complete filing was available for their review.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1By-laws require approval of at least 2 officers for disbursement of funds. WPP hired a 3rd party accounting firm to maintain our books and produce financial reports which are shared and reviewed monthly at Board meetings.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Reviewed compensation structure with outside legal counsel. Also did market analysis. This process was last undertaken in 2020. (William Nord)
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Documents are available upon request.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4Buiding Restoration & Maintenance, Public Programming, Events and Mansion Usage
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5Building ServicesLandscapingUtilitiesProgram 2 expensesBank feesWorkers compensation insuranceTelephone and internetPostageSoftware and computer suppliesPayroll service feesWebsite services
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6Part III, Line 2Building Restoration & Maintenance Public Programming, Events and Mansion Usage Part III, Line 1The Corporation is a nonprofit organization organized and operated exclusively for charitable purposes within the meaning of Section 501(c)(3)of the Internal Revenue Code of 1986, as amended (the Code), specifically for the purposes of restoring and maintaining Willows Mansion, a historic property located in Pennsylvania and owned by Radnor Township, thereby alleviating the Townships burden of caring for and preserving this historic property and making it open and available for public use and enjoyment.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7Employee Compensation ExplanationNew ED (William Nord)was hired on Dec 1st 2020. Compensation is $5,000 per month in salary with opportunity to earn $5,000 bonuses at 6 month interval.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt81: FormAndLineReferenceDesc: Part I line 1The Corporation is a nonprofit organization organized and operated exlusively for charitable purposes within the meaning of Section 501(c)(3)of the Internal Revenue Code of 1986,as amended(the Code),specifically for the purposes for restoring and maintaining Willows Mansion,a historic property located in Pennsylvania and owned by Radnor Township, thereby alleviating the Townships burden of caring and preserving this historic property and making it open and available for public use and enjoyment.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990 governing body review Part VI line 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Conflict of interest policy compliance Part VI line 12c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2CEO executive director top management comp Part VI line 15a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Governing documents etc available to public Part VI line 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Significant program services not listed on prior year return Part III line 2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5List of other expenses Part IX line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Part III response or note to any other line in Part III
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7Part VII response or note to any other line in Part VII
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc8General explanation attachment
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false

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