Preserve Newport Historic Properti… - Form 990 Financial Data

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

2016

Legal Domicile

Principal Officer

MICHAEL D WILLIAMS

Phone

5406263960

Tax Period

2019-01-01 to 2019-12-31

Preserve Newport Historic Properties, founded in 2016, is a small nonprofit in the Arts, Culture & Humanities sector that reported $502K in total revenue in fiscal year 2019. Revenue surged 969% from the prior year, signaling strong growth momentum. The organization ran a surplus of $501K, a strong 100% operating margin.

Mission

Preserve historic properties in the comminity of Newport and immediately surrounding areas

Program Service Accomplishments

Program 1

Expenses: $283

Provide legal work to preserve historic properties in Newport and the immediately surrounding areas by working to insure any property alterations are done in a manner to preserve their historic value

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

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

Financial Overview (2019)

Revenue Breakdown

Contributions & Grants $500,485

Program Service Revenue $0

Investment Income $1,378

Other Revenue $0

TOTAL REVENUE $501,863

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $283

Other Expenses $548

TOTAL EXPENSES $548

Year-over-Year Comparison

	2019	2018	Change
Revenue	$501,863	$46,930	+9.7%
Expenses	$548	$49,408	-1.0%
Net Income	$501,315	$-2,478	-203.3%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

N/A

Independent Members

N/A

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
DAVID BRADY	Consultant	N/A	Officer	$0	$0	$0
JEROLYN DEPLAZES	Secretary	N/A	Officer	$0	$0	$0
MICHAEL D WILLIAMS	Chairman	N/A	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	$501,863	$548	$505,556	$501,315

Preserve Newport Historic Properties