NORWALK PRESERVATION TR INC

EIN: 421581388 501(c)(3) Arts, Culture & Humanities

NORWALK, CT

Total Revenue
$16,340
Total Expenses
$5,076
Total Assets
$365,353
Net Assets
$365,353
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Financial Trends

Organization Details

Formation Year
2004
Legal Domicile
CT
Phone
2038529788
Tax Period
2022-11-01 to 2023-10-31

NORWALK PRESERVATION TR INC, founded in 2004, is a micro nonprofit in the Arts, Culture & Humanities sector that reported $16K in total revenue in fiscal year 2022. The organization ran a surplus of $11K, a strong 69% operating margin.

Mission

Our mission is to protect Norwalk's irreplaceable historic buildings and neighborhoods landscapes and streetscapes by raising awareness and taking appropriate action when necessary. We fulfill this mission through advocacy and education including public events like tours and workshops. We are a voice for preservation and an information resource for homeowners residents businesses and developers as well as city state and national organizations and government agencies.

Program Service Accomplishments

Program 1
Expenses: $643 Revenue: $3,856

Educational programs focused on historic preservation in Norwalk related to our organizational mission. Our "Made in Norwalk: Our Industrial Past Reborn" tour on October 15 2023 addressed the...

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Educational programs focused on historic preservation in Norwalk related to our organizational mission. Our "Made in Norwalk: Our Industrial Past Reborn" tour on October 15 2023 addressed the architectural principle of adaptive reuse in the city's surviving factory buildings. The impetus for this event was the loss of a beautiful and historic factory the year prior 3 Quincy Street see our web site. Old factory buildings are regularly threatened in Norwalk a former industrial hub and it is an issue in cities and towns across the state of Connecticut. Note that our cash accounting method does not include costs accrued after the end of our fiscal year so the single largest expense the bus and its driver is not reflected here. These programs do not net significant amounts unless there are sponsors. The 2023 program did not have sponsors.

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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 $5,193
Program Service Revenue $3,856
Investment Income $7,291
Other Revenue $0
TOTAL REVENUE $16,340

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $299
Program Expenses $643
Other Expenses $5,076
TOTAL EXPENSES $5,076

Year-over-Year Comparison

2022 2021 Change
Revenue $16,340 $16,779 0.0%
Expenses $5,076 N/A N/A
Net Income $11,264 $16,779 -0.3%
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

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Governance

Voting Members
10
Independent Members
10
Employees
N/A
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
10
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Tod Bryant President 10.00
Officer Director
$0 $0 $0
Lee Levey Vice President 2.00
Officer Director
$0 $0 $0
Charles Harris Acting Secretary 6.00
Officer Director
$0 $0 $0
Gloria Kao Treasurer 6.00
Officer Director
$0 $0 $0
Kenneth Eric Rasmussen Director IT 12.00
Director
$0 $0 $0
Georgette Blau Guttman Director 6.00
Director
$0 $0 $0
Carol Ann Falasca Director 4.00
Director
$0 $0 $0
Wendye Pardue Director 4.00
Director
$0 $0 $0
Anne Blum Director 4.00
Director
$0 $0 $0
Conor Halstead Director 2.00
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
2023 $16,340 $5,076 $365,353 $11,264
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