PRESERVE CLARKSVILLE INC

EIN: 873766856 501(c)(3) Arts, Culture & Humanities

CLARKSVILLE, TX

Total Revenue
$174,600
Total Expenses
$171,231
Total Assets
$919,668
Net Assets
$914,850
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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
2021
Legal Domicile
TX
Tax Period
2023-01-01 to 2023-12-31

PRESERVE CLARKSVILLE INC, founded in 2021, is a small nonprofit in the Arts, Culture & Humanities sector that reported $175K in total revenue in fiscal year 2023. Net assets of $915K represent 63 months of operating reserves.

Mission

PRESERVATION OF HISTORIC STRUCTURES AND COMMUNITY EDUCATION CONCERNING THE HISTORY AND CULTURE OF CLARKSVILLE TEXAS.

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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 (2023)

Revenue Breakdown

Contributions & Grants $36,450
Program Service Revenue $0
Investment Income $22
Other Revenue $138,128
TOTAL REVENUE $174,600

Expense Breakdown

Grants Paid $0
Salaries & Benefits $32,295
Fundraising Expenses $0
Program Expenses $138,936
Other Expenses $138,936
TOTAL EXPENSES $171,231

Year-over-Year Comparison

2023 2022 Change
Revenue $174,600 N/A N/A
Expenses $171,231 N/A N/A
Net Income $3,369 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

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Governance

Voting Members
4
Independent Members
4
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
3
$30,000
Total Directors
1
$0
Key Employees
0
$0
Highest Compensated
1
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
WF HIGGINS PRESIDENT 0.00
Officer Highest
$30,000 $0 $30,000
JAMES VAUGHAN DIRECTOR 0.00
Director
$0 $0 $0
PAUL HINES SECYTREAS 3.00
Officer
$0 $0 $0
SHERRY EDWARDS VP 0.00
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
2023 $174,600 $171,231 $919,668 $3,369
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