HISTORIC SAINT PAUL CORPORATION

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

1998

Legal Domicile

Principal Officer

RITA GOODRICH

Phone

6512223049

Tax Period

2023-01-01 to 2023-12-31

HISTORIC SAINT PAUL CORPORATION, founded in 1998, is a micro nonprofit in the Arts, Culture & Humanities sector that reported $44K in total revenue in fiscal year 2023. Revenue fell 58% from the prior year — a significant decline worth monitoring. Expenses of $63K exceeded revenue, resulting in a 43% operating deficit.

Mission

HISTORIC SAINT PAUL IS A NONPROFIT ORGANIZATION WORKING TO PRESERVE AND PROMOTE THE CULTURAL HERITAGE, CHARACTER, AND VITALITY OF SAINT PAUL NEIGHBORHOODS, WITH A FOCUS ON CULTURAL HERITAGE RESOURCES IN UNDER-RESOURCED NEIGHBORHOODS. OUR ACTIVITY IS CONCENTRATED IN THREE PROGRAM AREAS: NEIGHBORHOOD PRESERVATION CULTURAL HERITAGE ADVOCACY 2022 ACTIVITIES AND ACCOMPLISHMENTS:NEIGHBORHOOD PRESERVATION:HISTORIC SAINT PAUL PRESERVES AND PROMOTES THE REDEVELOPMENT OF HERITAGE RESOURCES IN SAINT PAUL NEIGHBORHOODS. WE WORK IN PARTNERSHIP WITH COMMUNITIES TO IDENTIFY AT RISK PROPERTIES AND REDEVELOP THEM FOR CONTEMPORARY USES. 47 DOUGLAS STREET:IN 2022 HSP CONTINUED WORK ON PLANNING AND SECURING FUNDING FOR THE REDEVELOPMENT OF 47 DOUGLAS, A VACANT CITY OF SAINT PAUL HRA PROPERTY IN THE LITTLE BOHEMIA NEIGHBORHOOD. THE INTENT FOR THE PROPERTY IS THAT IT WILL BE REHABILITATED AND SOLD AS A LOW-MODERATE INCOME OWNER-OCCUPIED PROPERTY. PRESERVE FROGTOW

Program Service Accomplishments

Program 1

Expenses: $40,413 Revenue: $17,341

PRESERVATION EDUCATION, ADVOCACY, AND ACTIVITY. 2023 ACTIVITIES INCLUDED ONGOING: WORK WITH THE SAINT PAUL HISTORICAL INTERACTIVE WEBSITE, DIRECT WORK TO ENSURE THE PRESERVATION AND REHABILITATION OF THE JUSTUS RAMSEY HOUSE AND 47 DOUGLAS STREET, PRESERVATION ADVOCACY WITHIN THE CITY OF SAINT PAUL, WORKING WITH THE PRESERVATION OF HISTORIC PARKS, AND PRESERVATION EDUCATIONAL EFFORTS INCLUDING PUBLICATIONS, COMMUNITY MEETINGS, WORKSHOPS, AND OTHER EVENTS.

🔒

Trantor Score

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

Sign in to view Trantor Score and financial metrics

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

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $24,804

Program Service Revenue $17,274

Investment Income $134

Other Revenue $1,833

TOTAL REVENUE $44,045

Expense Breakdown

Grants Paid $15,051

Salaries & Benefits $17,820

Fundraising Expenses $5,910

Program Expenses $40,413

Other Expenses $28,497

TOTAL EXPENSES $63,153

Year-over-Year Comparison

	2023	2022	Change
Revenue	$44,045	$105,792	-0.6%
Expenses	$63,153	$110,091	-0.4%
Net Income	$-19,108	$-4,299	+3.4%

Key Indicators

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

🔒

Financial Health Indicators

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

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

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

$21,785

Total Directors