Capitol Historic Trust Inc

EIN: 571176199 501(c)(3) Arts, Culture & Humanities

Washington, DC

Total Revenue
$131,573
Total Expenses
$174,749
Total Assets
$2,029,012
Net Assets
$2,029,012
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2003
Legal Domicile
MD
Principal Officer
Mario Leonel
Phone
2023285260
Tax Period
2023-01-01 to 2023-12-31

Capitol Historic Trust Inc, founded in 2003, is a small nonprofit in the Arts, Culture & Humanities sector that reported $132K in total revenue in fiscal year 2023. Revenue surged 240% from the prior year, signaling strong growth momentum. Expenses of $175K exceeded revenue, resulting in a 33% operating deficit.

Mission

Contribute to preservation of the nations architectural heritage through supporting protection and preservation of historically important properties.

Program Service Accomplishments

Program 1
Expenses: $46,231 Revenue: $0

Monitoring of Easement-protected Properties: Annual onsite inspection of each property protected with the organizations preservation easement to monitor compliance by the property owner with the...

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Monitoring of Easement-protected Properties: Annual onsite inspection of each property protected with the organizations preservation easement to monitor compliance by the property owner with the easement terms. Photographs and field reports documenting the property condition entered into organization data base and compared with baseline and prior year documentation. Notation of any alterations made and any actions recommended or required to be taken by owner. Hundreds of historic properties benefited.

Program 2
Expenses: $52,183 Revenue: $0

Enforcement of Easement Compliance: Regular contact with easement protected properties owners to reinforce owner obligations and organization rights under the easement. Update owner information...

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Enforcement of Easement Compliance: Regular contact with easement protected properties owners to reinforce owner obligations and organization rights under the easement. Update owner information annually using public real property records. Send written correspondence annually to each property owner with results of the organizations annual inspection. Verbal and written communication to clarify easement terms and potential enforcement actions. Respond to owner requests for permission to alter the property detailing the terms of any approval. Provide new owners with the recorded easement and information about owner obligations annual monitoring and change request policies. Actions to enforce compliance through exercise of remedies provided for in easement when necessary. Hundreds of historic properties benefited

Program 3
Expenses: $26,284 Revenue: $0

Education about and Support of Preservation Efforts: Education of owners of historic properties about benefits of historic preservation through telephone consultation emails and website...

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Education about and Support of Preservation Efforts: Education of owners of historic properties about benefits of historic preservation through telephone consultation emails and website www.capitoltrust.org. Support of community preservation efforts through conferences educational materials and grants to preservation organizations. Dozens of historic property owners benefited.

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Trantor Score

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

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $0
Investment Income $131,573
Other Revenue $0
TOTAL REVENUE $131,573

Expense Breakdown

Grants Paid $0
Salaries & Benefits $25,000
Fundraising Expenses $0
Program Expenses $124,698
Other Expenses $149,749
TOTAL EXPENSES $174,749

Year-over-Year Comparison

2023 2022 Change
Revenue $131,573 $38,709 +2.4%
Expenses $174,749 $250,696 -0.3%
Net Income $-43,176 $-211,987 -0.8%
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
5
Independent Members
3
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
2
$25,000
Total Directors
5
$25,000
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Mario Leonel President 10.00
Officer Director
$0 $25,000 $25,000
Lisa Gibson Secretary 0.10
Director
$0 $0 $0
Mary Ellen Seravalli Director 1.00
Officer Director
$0 $0 $0
Mario A Leonel Director 1.00
Director
$0 $0 $0
Roy S Turner Director 1.00
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
2024 No data No data No data No data
2023 $131,573 $174,749 $2,029,012 $-43,176
2022 $38,709 $250,696 $2,072,188 $-211,987
2021 $105,291 $136,700 $2,284,175 $-31,409
2020 $134,289 $137,418 $2,315,584 $-3,129
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