AMERICAN EASEMENT FOUNDATION INC C/O GALVESTON HISTORICAL FOUNDATION

EIN: 541947788 501(c)(3) Environment

GALVESTON, TX

Total Revenue
$62,683
Total Expenses
$66,292
Total Assets
$1,335,861
Net Assets
$1,335,861
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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
1999
Legal Domicile
VA
Principal Officer
DWAYNE JONES
Phone
4097653455
Tax Period
2025-01-01 to 2025-12-31

AMERICAN EASEMENT FOUNDATION INC C/O GALVESTON HISTORICAL FOUNDATION, founded in 1999, is a micro nonprofit in the Environment sector that reported $63K in total revenue in fiscal year 2025. Revenue fell 82% from the prior year — a significant decline worth monitoring. Net assets of $1.3M represent 256 months of operating reserves.

Mission

AMERICAN EASEMENT FOUNDATION WAS FORMED WITH THE EXPRESS PURPOSE OF ENCOURAGING THE PRESERVATION OF HISTORIC STRUCTURES AND OPEN SPACES, IN PERPETUITY, THROUGH THE APPLICATION OF FACADE AND SCENIC EASEMENTS. IT IS A SUPPORT ORGANIZATION FOR GALVESTON HISTORICAL FOUNDATION, A 501(C)(3).

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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 (2025)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $5,392
Investment Income $55,260
Other Revenue $2,031
TOTAL REVENUE $62,683

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $66,292
Other Expenses $66,292
TOTAL EXPENSES $66,292

Year-over-Year Comparison

2025 2024 Change
Revenue $62,683 $347,746 -0.8%
Expenses $66,292 $48,221 +0.4%
Net Income $-3,609 $299,525 -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
6
Independent Members
6
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
4
$0
Total Directors
3
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
NORE WINTER BOARD MEMBER 1.00
Director
$0 $0 $0
JACK WILLIAMS BOARD MEMBER 1.00
Director
$0 $0 $0
LAURA BOURGEOIS BOARD MEMBER 1.00
Director
$0 $0 $0
DWAYNE JONES PRESIDENT 1.00
Officer
$0 $0 $0
JON HENSLEY SECRETARY 1.00
Officer
$0 $0 $0
FRIEDERIKE MITTNER VICE PRESIDENT 1.00
Officer
$0 $0 $0
BOB SCORE TREASURER 1.00
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
2025 $62,683 $66,292 $1,335,861 $-3,609
2024 $347,746 $48,221 $1,270,288 $299,525
2023 $27,616 $67,059 $950,511 $-39,443
2022 $418,356 $51,850 $938,536 $366,506
2021 $23,109 $29,708 $677,248 $-6,599
2020 $79,502 $48,221 $671,256 $31,281
2020 $79,502 $48,221 $671,256 $31,281
2019 $156,704 $25,924 $663,766 $130,780
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