HISTORIC PETERSBURG FOUNDATION INC

EIN: 546074925 501(c)(3) Arts, Culture & Humanities

PETERSBURG, VA

Total Revenue
$156,276
Total Expenses
$394,575
Total Assets
$806,669
Net Assets
$805,803
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Tuckman-Chang Vulnerability Assessment

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Financial Trends

Organization Details

Formation Year
1967
Legal Domicile
VA
Principal Officer
SERGEI TROUBETZKOY
Phone
8047322096
Tax Period
2024-04-01 to 2025-03-31

HISTORIC PETERSBURG FOUNDATION INC, founded in 1967, is a micro nonprofit in the Arts, Culture & Humanities sector that reported $93K in total revenue in fiscal year 2018. Revenue fell 48% from the prior year — a significant decline worth monitoring. Expenses of $137K exceeded revenue, resulting in a 47% operating deficit.

Mission

TO LEAD THE PRESERVATION AND RESTORATION OF HISTORIC ARCHITECTURE AND NEIGHBORHOODS IN PETERSBURG, VIRGINIA AND TO TELL THEIR STORY.

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Trantor Score

Financial Health & Payment Capacity Assessment (FICO Scale: 300–850)

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

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $144,592
Program Service Revenue $4,425
Investment Income $6,713
Other Revenue $546
TOTAL REVENUE $156,276

Expense Breakdown

Grants Paid $0
Salaries & Benefits $43,060
Fundraising Expenses $4,737
Program Expenses $376,465
Other Expenses $351,515
TOTAL EXPENSES $394,575

Year-over-Year Comparison

2024 2023 Change
Revenue $156,276 $396,761 -0.6%
Expenses $394,575 $436,522 -0.1%
Net Income $-238,299 $-39,761 +5.0%
Key Indicators
✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required
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Governance

Voting Members
9
Independent Members
9
Employees
1
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
11
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
TERRI CARDULLA BD MEMBER N/A
Director
$0 $0 $0
JAY ELLINGTON BD MEMER N/A
Director
$0 $0 $0
KATHY ELLINGTON BD MEMBER N/A
Director
$0 $0 $0
SOREN GRANGER BD MEMBER N/A
Director
$0 $0 $0
NORRIS HARDY BD MEMBER N/A
Director
$0 $0 $0
RACHEL HERSH TREASURER N/A
Officer Director
$0 $0 $0
KELSI JEWELL SECRETARY N/A
Officer Director
$0 $0 $0
LOUIS MAHON BD MEMBER N/A
Director
$0 $0 $0
ALEXIS MORRIS VP N/A
Officer Director
$0 $0 $0
SERGEI TROUBETZKOY PRESIDENT N/A
Director
$0 $0 $0
KYLE TUCKER BD MEMBER N/A
Director
$0 $0 $0
JUSTIN SARAFIN EXEC DIR 16.00
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 $156,276 $394,575 $806,669 $-238,299
2024 $396,761 $436,522 $1,043,272 $-39,761
2023 $80,773 $139,159 $1,064,348 $-58,386
2022 $393,860 $156,188 $1,138,784 $237,672
2021 $227,524 $88,125 $920,911 $139,399
2020 $113,748 $121,907 $759,844 $-8,159
2019 $93,464 $137,333 $891,698 $-43,869
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