Preservation Foundation
- Assets
- $70.2k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Memphis, TX
- Founding
- 05/1996
- Data as of
- 12/2022
- EIN
- 75-2636394
Organization Overview
Preservation Foundation is located in Memphis, TX. The organization was established in 1996. According to its NTEE Classification (A80) the organization is classified as: Historical Organizations, 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 Foundation 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 12/2022, Preservation Foundation generated $17.9k in total revenue. This represents relatively stable growth, over the past 4 years the organization has increased revenue by an average of 4.2% each year. All expenses for the organization totaled $12.3k during the year ending 12/2022. While expenses have increased by 6.5% per year over the past 4 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
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3
OF THE CHURCH FORESAID PRESERVATION AND UPKEEP OF HISTORICAL CHURCH
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Camilla Maddox President Memphis Tx | 3 | $0 | |
Martha Clark Vice Pres Memphis Tx | 3 | $0 | |
Mike Hughes Secretary Memphis Tx | 3 | $0 | |
Bobbie Ariola Treasurer Memphis Tx | 3 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Morris Glass | 12/30/22 | $5,475 |
Cary Don Neeley | 12/30/22 | $100 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $3,471 |
| Total Program Service Revenue | $0 |
| Membership dues | $13,187 |
| Investment income | $334 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $868 |
| Other Revenue | $0 |
| Total Revenue | $17,860 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $100 |
| Occupancy, rent, utilities, and maintenance | $998 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $11,175 |
| Total expenses | $12,273 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $70,227 |
| Other assets | $0 |
| Total assets | $70,227 |
| Total liabilities | $0 |
| Net assets or fund balances | $70,227 |