PRESERVING HISTORIC PROPERTIES INC

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

2004

Legal Domicile

Principal Officer

SUSAN HARPER

Phone

9037833600

Tax Period

2024-01-01 to 2024-12-31

PRESERVING HISTORIC PROPERTIES INC, founded in 2004, is a micro nonprofit in the Arts, Culture & Humanities sector that reported $76K in total revenue in fiscal year 2024. Revenue decreased 16% compared to the prior year. Expenses of $96K exceeded revenue, resulting in a 26% operating deficit.

Mission

TO PRESERVE BUILDINGS IN THE DOWNTOWN AREA OF PARIS, TEXAS

Program Service Accomplishments

Program 1

Expenses: $95,528 Revenue: $75,770

UNDERTAKE THE FUNDRAISING EFFORT TO SUCCESSFULLY IMPLEMENT, COMPLETE, AND MAINTAIN ON AN ONGOING BASIS A PROJECT OF DAILY AND HOLIDAY LIGHTING OF ALL TREES IN THE DOWNTOWN AREA OF PARIS, TEXAS AND...

UNDERTAKE THE FUNDRAISING EFFORT TO SUCCESSFULLY IMPLEMENT, COMPLETE, AND MAINTAIN ON AN ONGOING BASIS A PROJECT OF DAILY AND HOLIDAY LIGHTING OF ALL TREES IN THE DOWNTOWN AREA OF PARIS, TEXAS AND OTHER ACTIVITIES TO SUPPORT THE HISTORIC PRESERVATION OF BUILDINGS IN PARIS, TEXAS.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $75,770

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $75,770

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $95,528

Other Expenses $95,528

TOTAL EXPENSES $95,528

Year-over-Year Comparison

	2024	2023	Change
Revenue	$75,770	$90,736	-0.2%
Expenses	$95,528	$85,011	+0.1%
Net Income	$-19,758	$5,725	-4.5%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

N/A

Volunteers

N/A

Governance Policies

✗ Conflict of Interest Policy

✗ Whistleblower Policy

✗ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School

✗ Operated a Hospital

✗ Provided First Class Travel

✗ Reported Conflict of Interest

✗ Reported Asset Diversion

✗ Excess Benefit Transaction

✗ Made Political Expenditures

✗ Engaged in Lobbying

✗ Operated Donor Advised Fund

✗ Maintained Art Collections

✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
SUSAN HARPER	PRESIDENT	3.00	Officer Director	$0	$0	$0
TRACY DOUGHERTY	VICE PRESIDENT	3.00	Officer Director	$0	$0	$0
GLEE EMMITE	TREASURER	3.00	Officer Director	$0	$0	$0
MARVIN GORLEY	DIRECTOR	3.00	Director	$0	$0	$0
WILL BIARD	DIRECTOR	3.00	Director	$0	$0	$0

Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year	Revenue	Expenses	Assets	Net Income
2024	$75,770	$95,528	$36,427	$-19,758
2023	$90,736	$85,011	$50,940	$5,725
2022	$275,108	$226,828	$49,609	$48,280