Forney Historic Preservation League Inc
- Assets
- $2.5m
- Revenue
- $108.8k
- Investments
- $0.0
- Employees
- 3
- Location
- Forney, TX
- Founding
- 08/1989
- Data as of
- 12/2021
- EIN
- 75-2280261
Organization Overview
Forney Historic Preservation League Inc is located in Forney, TX. The organization was established in 1989. According to its NTEE Classification (A82) the organization is classified as: Historical Societies & Historic Preservation, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 12/2021, Forney Historic Preservation League Inc employed 3 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Forney Historic Preservation League 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 12/2021, Forney Historic Preservation League Inc generated $108.8k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 54.0% each year . All expenses for the organization totaled $82.0k during the year ending 12/2021. While expenses have increased by 2.7% 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
PROMOTE HISTORIC PRESERVATION IN FORNEY, TX THROUGH PERIODIC TOURS OF HISTORIC HOMES AND THE OPERATION OF A MUSEUM PERTAINING TO CITY AND COUNTY HISTORY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE LEAGUE OPERATES A MUSEUM OPEN TO THE PUBLIC. THE MUSEUM FEATURES ARTIFACTS AND DOCUMENTS PERTAINING TO THE HISTORY OF FORNEY, TEXAS, KAUFMAN COUNTY, TEXAS AND TO CURRENT AND FORMER RESIDENTS. THE MUSEUM DOCENTS ARE VOLUNTEERS. THERE IS NO CHARGE FOR ADMISSION
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kendall Milton Secretary | Officer | 1.5 | $44,115 |
Donna Hervey Director, Treasurer | OfficerTrustee | 2.5 | $0 |
George Venner Director, Vice President | OfficerTrustee | 2 | $0 |
Charles Beason Director,president | OfficerTrustee | 5 | $0 |
Fran Jones Director | Trustee | 1 | $0 |
Byron A Parker Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $650 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $101,468 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $102,118 |
| Total Program Service Revenue | $0 |
| Investment income | $4,690 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $108,769 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $44,115 |
| Compensation of current officers, directors, key employees. | $22,058 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $8,253 |
| Pension plan accruals and contributions | $4,006 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $280 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $467 |
| Office expenses | $354 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $15,000 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $739 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $112 |
| Insurance | $0 |
| All other expenses | $8,210 |
| Total functional expenses | $82,038 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $132,233 |
| Savings and temporary cash investments | $169,930 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $2,225,817 |
| Investments—publicly traded securities | $10,564 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $2,538,544 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $2,538,544 |
| Total liabilities and net assets/fund balances | $2,538,544 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Forney Historic Preservation League Inc has recieved totaling $4,500.
| Awarding Organization | Amount |
|---|---|
Summerlee Foundation Dallas, TX PURPOSE: GENERAL SUPPORT | $4,500 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Galveston Historical Foundation Inc Galveston, TX | $33,194,723 | $16,815,449 |
Oklahoma Hall Of Fame Inc Oklahoma City, OK | $15,367,222 | $1,723,507 |
Mamie Mcfaddin Ward Heritage Foundation Beaumont, TX | $39,179,042 | $6,717,900 |
San Antonio Conservation Society San Antonio, TX | $5,466,281 | $1,168,192 |
Texas State Historical Association Austin, TX | $3,131,063 | $1,524,927 |
Friends Of The Texas Historical Commission Inc Austin, TX | $2,566,548 | $1,192,867 |
Texas Panhandle Heritage Foundation Inc Canyon, TX | $2,876,376 | $2,832,442 |
Corpus Christi Area Heritage Society Corpus Christi, TX | $1 | $1,500 |
Dallas Historical Society Hall Of State Fair Park Dallas, TX | $2,271,425 | $1,532,505 |
Cherokee National Historical Society Inc Tahlequah, OK | $2,426,107 | $954,302 |
River Road Historical Society Destrehan, LA | $8,368,126 | $1,410,629 |
Tulsa Historical Society Tulsa, OK | $8,618,832 | $802,922 |