Preservation Delaware Inc
- Assets
- $1.3m
- Revenue
- $128.6k
- Investments
- $782.3k
- Employees
- 0
- Location
- Camden, DE
- Founding
- 01/1995
- Data as of
- 06/2022
- EIN
- 51-0345619
Organization Overview
Preservation Delaware Inc is located in Camden, DE. The organization was established in 1995. According to its NTEE Classification (A12) the organization is classified as: Fund Raising & Fund Distribution, under the broad grouping of Arts, Culture & Humanities and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Preservation Delaware Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 06/2022, Preservation Delaware Inc generated $128.6k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 10.2% each year . All expenses for the organization totaled $132.9k during the year ending 06/2022. While expenses have increased by 5.8% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
PRSERVATION DELAWARE, INC. IS THE STATEWIDE NONPROFIT ORGANIZATION DEDICATED TOT THE PRESERVATION OF DELAWARE'S ARCHITECTURAL HERITAGE AND HISTORIC SETTINGS THROUGH EDUCATION, PUBLIC POLICY INITIATIVE AND TECHNICAL ASSISTANCE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Dee Durham President | 10 | $0 | |
Barbara Warnell Vice Preside | 10 | $0 | |
Michael J Emmons Jr Vice Preside | 10 | $0 | |
Bryan Hudson Treasurer | 10 | $0 | |
Alex Tarantino Vice Preside | 10 | $0 | |
Jeremy Rothwell Secretary | 10 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $8,715 |
| Interest on Savings | $1 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $88,242 |
| Capital Gain Net Income | $88,242 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $31,597 |
| Total Revenue | $128,555 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $23,904 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $2,735 |
| Other expenses | $58,632 |
| Total operating and administrative expenses | $124,447 |
| Contributions, gifts, grants paid | $8,416 |
| Total expenses and disbursements | $132,863 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $31,866 |
| Savings and temporary cash investments | $6,958 |
| Net Accounts receivable | $153 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $782,323 |
| Net Land, buildings, and equipment | $472,843 |
| Other assets | $2,167 |
| Total assets | $1,296,310 |
| Accounts payable and accrued expenses | $2,754 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $2,754 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Preservation Delaware Inc has recieved totaling $8,900.
| Awarding Organization | Amount |
|---|---|
Delaware Humanities Council Wilmington, DE | | $8,900 |
Endowment Analysis
| Beg. Balance | $846,810 |
| Earnings | $53,427 |
| Admin Expense | $10,261 |
| Other Expense | $54,521 |
| Ending Balance | $835,455 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Pseg Foundation Inc Newark, NJ | $49,926,270 | $78,342 |
Mid Atlantic Arts Inc Baltimore, MD | $4,986,510 | $4,229,657 |
United Way Of Lancaster County Lancaster, PA | $8,532,432 | $6,314,775 |
Sarcoma Foundation Of America Inc Damascus, MD | $9,642,356 | $3,973,362 |
Silver Mountain Foundation For The Arts Morristown, NJ | $18,777,232 | $3,781,994 |
Casey Cares Foundation Inc Columbia, MD | $1,991,956 | $2,113,967 |
Philadelphia Cultural Fund Inc Philadelphia, PA | $194,550 | $1,278,314 |
Cultural Alliance Of York County York, PA | $3,774,226 | $1,373,230 |
Sharebaby Baltimore, MD | $970,929 | $1,403,551 |
Dallas Morse Coors Foundation For The Performing Arts Tr Wilmington, DE | $11,658,521 | $1,458,685 |
Hope Through Education -- A Fund For Better Futures Inc Bedminster, NJ | $178,385 | $999,690 |
Playhouse Artists New Hope, PA | $80,520 | $752,591 |