FRIENDS OF HISTORIC PRESERVATION I… - Form 990 Financial Data

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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

1975

Legal Domicile

Principal Officer

GINALIE SWAIM

Phone

3193511875

Tax Period

2019-01-01 to 2019-12-31

FRIENDS OF HISTORIC PRESERVATION INC, founded in 1975, is a micro nonprofit that reported $32K in total revenue in fiscal year 2019.

Mission

PRESERVE THE HISTORIC BUILDINGS AND NEIGHBORHOODS OF IOWA CITY AND JOHNSON COUNTY, IOWA.

Program Service Accomplishments

Program 1

Expenses: $62,011 Revenue: $-34,497

THE ORGANIZATION PROMOTES THE PRESERVATION OF HISTORICAL PROPERTIES BY ITS OPERATION OF THE SALVATION BARN. FIXTURES (INCLUDING TRIM, MOLDINGS, ETC.) SALVAGED FROM OLD BUILDINGS BEING DEMOLISHED ARE...

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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 (2019)

Revenue Breakdown

Contributions & Grants $3,992

Program Service Revenue $70,818

Investment Income $-106,318

Other Revenue $0

TOTAL REVENUE $-31,508

Expense Breakdown

Grants Paid $0

Salaries & Benefits $34,741

Fundraising Expenses $0

Program Expenses $62,011

Other Expenses $27,270

TOTAL EXPENSES $62,011

Year-over-Year Comparison

	2019	2018	Change
Revenue	$-31,508	N/A	N/A
Expenses	$62,011	N/A	N/A
Net Income	$-93,519	N/A	N/A

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

Volunteers

133

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
GINALIE SWAIM	PRESIDENT	5.00	Officer	$0	$0	$0
MAEVE CLARK	VICE PRESIDENT	5.00	Officer	$0	$0	$0
PAUL WITTAU	TREASURER	5.00	Officer	$0	$0	$0
BOB MIKLO	SECRETARY	5.00	Officer	$0	$0	$0
TOM BALDRIDGE	DIRECTOR	5.00	Officer	$0	$0	$0
LARRY JOHNSON	DIRECTOR	5.00	Officer	$0	$0	$0
SANDRA JOHNSON	DIRECTOR	5.00	Officer	$0	$0	$0
BRIDGET MATHESON	DIRECTOR	5.00	Officer	$0	$0	$0
DAN MATHESON	DIRECTOR	5.00	Officer	$0	$0	$0
JOSH MOE	DIRECTOR	5.00	Officer	$0	$0	$0
TERRY PHILIPS	DIRECTOR	5.00	Officer	$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
2019	$-31,508	$62,011	$59,435	$-93,519

FRIENDS OF HISTORIC PRESERVATION INC