Form 990 for tax year 2022
Filed by THE SOCIETY FOR THE PRESERVATION OF FEDERAL HILL AND FELLS POINT INC.
Totals
- Total revenue
- -$143,261
- Total expenses
- $65,133
- Contributions and grants received
- $87,666
- Grants paid
- $3,000
- Program service revenue
- $0
- Investment income
- -$2,427
- Other revenue
- -$228,500
- Total assets, end of year
- $2,424,399
- Total liabilities, end of year
- $133,795
- Net assets or fund balances, end of year
- $2,290,604
- Program services expenses (Part IX)
- $46,713
- Management and general expenses
- $13,843
- Fundraising expenses
- $4,577
- Program service expenses (Part III)
- $46,713
Program services were 71.7% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
Line items
Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.
Revenue
Part VIII, the statement of revenue.
-
1b · Membership dues
$100
-
1e · Government grants (contributions)
$82,565
-
1f · All other contributions, gifts and grants
$5,001
-
3 · Investment income
total $10,358 · excluded $10,358
-
6a · Gross rents
real property $13,200
-
6b · Less rental expenses
real property $6,066
-
6c · Rental income or loss
real property $7,134
-
6d · Net rental income or loss
total $7,134 · excluded $7,134
-
7a · Gross sales of assets other than inventory
securities $25,566
-
7b · Less cost or other basis and sales expenses
securities $38,351
-
7c · Gain or loss
securities -$12,785
-
7d · Net gain or loss
total -$12,785 · excluded -$12,785
-
8a · Fundraising events: gross income
$250,116
-
8b · Fundraising events: direct expenses
$485,753
-
8c · Net income from fundraising events
total -$235,637 · excluded -$235,637
-
11a · Other revenue: MISCELLANEOUS REVENUE
total $3 · related or exempt $3
-
11e · Other revenue, total
$3
Functional expenses
Part IX, the statement of functional expenses.
-
2 · Grants to domestic individuals
total $3,000 · program services $3,000
-
11c · Fees: accounting
total $7,150 · program services $5,777 · management and general $1,373
-
13 · Office expenses
total $5,092 · program services $2,199 · management and general $2,648 · fundraising $245
-
20 · Interest
total $10,857 · program services $8,686 · management and general $1,086 · fundraising $1,085
-
22 · Depreciation, depletion and amortization
total $7,175 · program services $5,740 · management and general $718 · fundraising $717
-
23 · Insurance
total $12,789 · program services $10,231 · management and general $1,279 · fundraising $1,279
-
24a · Other expenses: REPAIRS & MAINTENANCE
total $10,164 · program services $8,131 · management and general $1,016 · fundraising $1,017
-
24b · Other expenses: DUES
total $4,368 · program services $2,184 · management and general $2,184
-
24c · Other expenses: BANK CHARGES
total $2,774 · management and general $2,774
-
24d · Other expenses: EQUIPMENT RENTAL
total $1,062 · program services $531 · management and general $531
-
24e · All other expenses
total $702 · program services $234 · management and general $234 · fundraising $234
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $60,780 · end of year $33,535
-
5 · Loans and receivables from officers and key people
end of year $76
-
7 · Other notes and loans receivable
end of year $343
-
9 · Prepaid expenses and deferred charges
beginning of year $1,339 · end of year $1,054
-
10a · Land, buildings and equipment: cost or other basis
$1,530,423
-
10b · Land, buildings and equipment: accumulated depreciation
$47,171
-
10c · Land, buildings and equipment, net
beginning of year $1,340,263 · end of year $1,483,252
-
11 · Investments: publicly traded securities
beginning of year $1,088,930 · end of year $798,558
-
15 · Other assets
beginning of year $107,581 · end of year $107,581
-
17 · Accounts payable and accrued expenses
beginning of year $14,267 · end of year $39,502
-
24 · Unsecured notes and loans payable
beginning of year $33,138 · end of year $93,593
-
25 · Other liabilities
beginning of year $700 · end of year $700
-
27 · Net assets without donor restrictions
beginning of year $2,426,233 · end of year $2,422,081
-
28 · Net assets with donor restrictions
beginning of year $124,555 · end of year -$131,477
Mission and programs · 2022
Mission
TO PRESERVE AND RENEW FELL'S POINT AND FEDERAL HILL AS AREAS OF HISTORICAL AND ARCHITECTURAL SIGNIFICANCE FOR THE BENEFIT OF LOCAL RESIDENTS AND BUSINESSES AND THE EDUCATION AND ENJOYMENT OF VISITORS AND THE PUBLIC AT LARGE, AND TO CARE FOR, INTERPRET AND EXHIBIT COLLECTIONS RELATED TO FELL'S POINT HISTORY AND MAINTAIN AN ARCHIVE OF THIS HISTORY.
-
PROPERTY PRESERVATION TO CREATE AND INCREASE AWARENESS OF THE HISTORIC AND CURRENT IMPORTANCE OF THE AREAS IN BALTIMORE, MARYLAND KNOWN AS FEDERAL HILL AND FELL'S POINT.
Expenses $46,713 · Grants $3,000
As filed on the 2022 return. The filer continues this part on Schedule O, which is not shown here.
Listed in Part VII
-
David GleasonDAVID GLEASON
PRESIDENT
- Total calculated
- $0
- Hours/week
- 1
-
Jeff DewberryJEFF DEWBERRY
VICE PRESIDENT
- Total calculated
- $0
- Hours/week
- 1
-
Terrence WoodyTERRENCE WOODY
TREASURER
- Total calculated
- $0
- Hours/week
- 1
-
Marty BementMARTY BEMENT
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Sarah GroesbeckSARAH GROESBECK
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Cara JoyceCARA JOYCE
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Esther ReadESTHER READ
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Douglas FranzDOUGLAS FRANZ
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.
Grants on this return
No itemized grants to organizations on this return.
Provenance
- Return type
- form_990
- Tax year
- 2022
- Filed
- 15 November 2023
- IRS schema version
- 2022v5.0
- Source object
- 202303199349321255
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