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Nonprofiteer
← PRH Preservation Inc

Form 990 for tax year 2022

Filed by PRH Preservation Inc.

Totals

Total revenue
$127,858
Total expenses
$215,557
Contributions and grants received
$0
Grants paid
$30,000
Program service revenue
$127,858
Investment income
$0
Other revenue
$0
Total assets, end of year
$2,762,477
Total liabilities, end of year
$60,351
Net assets or fund balances, end of year
$2,702,126
Program services expenses (Part IX)
$172,188
Management and general expenses
$43,369
Fundraising expenses
$0
Program service expenses (Part III)
$172,188

Program services were 79.9% 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.

  • 2a · Program service revenue: Rental income

    total $127,858 · related or exempt $127,858

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $30,000 · program services $30,000

  • 11b · Fees: legal

    total $130 · program services $130

  • 11c · Fees: accounting

    total $32,624 · management and general $32,624

  • 11g · Fees: other

    total $18,250 · program services $18,250

  • 13 · Office expenses

    total $413 · management and general $413

  • 16 · Occupancy

    total $13,045 · program services $13,045

  • 17 · Travel

    total $440 · program services $440

  • 22 · Depreciation, depletion and amortization

    total $21,827 · program services $21,827

  • 23 · Insurance

    total $28,506 · program services $27,149 · management and general $1,357

  • 24a · Other expenses: Repairs & maintenance

    total $48,942 · program services $48,942

  • 24b · Other expenses: Landscaping

    total $12,405 · program services $12,405

  • 24c · Other expenses: Uncollectible amount

    total $8,975 · management and general $8,975

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $777,454 · end of year $530,757

  • 4 · Accounts receivable

    beginning of year $11,870 · end of year $10,145

  • 9 · Prepaid expenses and deferred charges

    beginning of year $5,419 · end of year $6,416

  • 10a · Land, buildings and equipment: cost or other basis

    $2,297,604

  • 10b · Land, buildings and equipment: accumulated depreciation

    $99,195

  • 10c · Land, buildings and equipment, net

    beginning of year $2,029,325 · end of year $2,198,409

  • 15 · Other assets

    beginning of year $16,750 · end of year $16,750

  • 17 · Accounts payable and accrued expenses

    beginning of year $43,207 · end of year $50,264

  • 19 · Deferred revenue

    beginning of year $1,851 · end of year $3,502

  • 25 · Other liabilities

    beginning of year $5,935 · end of year $6,585

  • 27 · Net assets without donor restrictions

    beginning of year $2,789,825 · end of year $2,702,126

Mission and programs · 2022

Mission

PRH Preservation works to continue the Third Ward's historical character and culture as it transitions while accelerating the neighborhood's redevelopment by raising money to subsidize individual projects.

Activities or mission (Part I)

Maintain buildings in Houston's Third Ward to ensure long-term, safe, affordable housing.

  • See Schedule O

    Expenses $172,188 · Grants $30,000 · Revenue $127,858

As filed on the 2022 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • C Hastings Johnson

    President

    Total calculated
    $0
    Hours/week
    1 + 1 related

  • Bert Brown

    Vice President

    Total calculated
    $0
    Hours/week
    1 + 1 related

  • James V Derrick Jr

    Secretary

    Total calculated
    $0
    Hours/week
    1

  • Aarti Garehgrat

    Treasurer

    Total calculated
    $0
    Hours/week
    1 + 1 related

  • Eureka N Gilkey

    Executive Director

    Total calculated
    $147,059
    From this org
    $0
    From related orgs
    $137,152
    Other
    $9,907
    Hours/week
    15 + 40 related

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

Related organizations on this return

Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.

Provenance

Return type
form_990
Tax year
2022
Filed
27 June 2024
IRS schema version
2022v5.0
Source object
202421799349300612

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

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