HISTORIC PRESERVATION SOCIETY OF DURHAM

EIN: 237361218 501(c)(3)

DURHAM, NC

Total Revenue
$146,918
Total Expenses
$148,116
Total Assets
$177,654
Net Assets
$135,575
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1974
Legal Domicile
NC
Principal Officer
BOB ASHLEY
Phone
9196823036
Tax Period
2022-07-01 to 2023-06-30

HISTORIC PRESERVATION SOCIETY OF DURHAM, founded in 1974, is a small nonprofit that reported $147K in total revenue in fiscal year 2022. Revenue fell 30% from the prior year — a significant decline worth monitoring.

Mission

TO PRESERVE THE HISTORY, ARCHITECTURE, AND CULTURAL HERITAGE OF DURHAM AND DURHAM COUNTY AND TO SERVE AS AN INSTITUTION FOR THE EDUCATION OF CITIZENS THROUGH THE PROMOTION AND APPRECIATION OF THIS HERITAGE.

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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%)

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Financial Overview (2022)

Revenue Breakdown

Contributions & Grants $100,770
Program Service Revenue $44,890
Investment Income $63
Other Revenue $1,195
TOTAL REVENUE $146,918

Expense Breakdown

Grants Paid $0
Salaries & Benefits $77,344
Fundraising Expenses $21,258
Program Expenses $87,052
Other Expenses $70,772
TOTAL EXPENSES $148,116

Year-over-Year Comparison

2022 2021 Change
Revenue $146,918 $211,329 -0.3%
Expenses $148,116 $97,587 +0.5%
Net Income $-1,198 $113,742 -1.0%
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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Governance

Voting Members
17
Independent Members
17
Employees
3
Volunteers
20

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
4
$0
Total Directors
18
$56,833
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JULIA AROMATORIO BOARD MEMBER 2.00
Director
$0 $0 $0
ALICE SHARPE BOARD MEMBER 2.00
Director
$0 $0 $0
MATTHEW FILTER BOARD MEMBER 2.00
Director
$0 $0 $0
AUSTIN MOORE BOARD MEMBER 2.00
Director
$0 $0 $0
BRENDA BRODIE BOARD MEMBER 2.00
Director
$0 $0 $0
PATRICIA E HARRIS BOARD MEMBER 2.00
Director
$0 $0 $0
JENNIFER MARTIN BOARD MEMBER 2.00
Director
$0 $0 $0
BEVERLY BARNES EVANS BOARD MEMBER 2.00
Director
$0 $0 $0
DEBRA TAYLOR GONZALEZ GARCIA BOARD MEMBER 2.00
Director
$0 $0 $0
DR FAYE J CALHOUN BOARD MEMBER 2.00
Director
$0 $0 $0
ALICIA HYLTON-DANIEL BOARD MEMBER 2.00
Director
$0 $0 $0
DR CHARLES JOHNSON BOARD MEMBER 2.00
Director
$0 $0 $0
AMANDA BOYD BOARD MEMBER 2.00
Director
$0 $0 $0
TOM MILLER SECRETARY 5.00
Officer Director
$0 $0 $0
ROBERT ASHLEY TREASURER 5.00
Officer Director
$0 $0 $0
AMY BASTIAN VICE PRESIDENT 5.00
Officer Director
$0 $0 $0
MELVA RIGEL PRESIDENT 5.00
Officer Director
$0 $0 $0
DR CHRIS LAWS EXECUTIVE DIRECTOR 40.00
Director
$56,833 $0 $56,833
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
2023 $146,918 $148,116 $177,654 $-1,198
2022 $211,329 $97,587 $184,576 $113,742
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