Charleston Peninsula Preservation Trust
Nonprofit profile at a glance
- EIN
- 264298057
- IRS 990-EZ coverage
- 2010–2024
- Forms available
- Form 990-EZ 2024, Form 990-N 2009
- Location
- Charleston, SC, USA
- Phone
- 8433031113
- Rating
- 78
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Small Business Development
Reported finances
- Revenue
- $197,275
- Expenses
- $171,650
- Assets
- $51,434
- Liabilities
- $0
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
6 people listed
Executive titles in this filing
- SUSAN LUCAS HOFFMAN (EXECUTIVE DIRECTOR/BOARD C)
People named in this filing
- JOSEPH JOHNSON (BOARD MEMBER)
- YVONNE EVANS (BOARD MEMBER)
- EVELYN NADEL (BOARD MEMBER)
Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
The charleston peninsula preservation trust, inc. (cppt) was founded as a non-profit to market the charleston peninsula bounded by the septima clark parkway on the north and broad street on the south as the most desirable commerce destination for visitors to historic downtown charleston. Cppt is supportive of area retailer shops, hotels, galleries, the performing arts and dining.
What it reported doing in 2024
To promote visitors to the commercial heart of charleston through various events, which will encourage an increase patronage to the hotels, shopping dollars to local merchants, patronage of our fine dining locations and visits to charleston's historic attractions.
Operating model
- Revenue model
- Earned-program. 100% of the money available for current operations came from fees and other program revenue.
- Distribution model
- Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.
The verdict
SUPPORTED - A large share of available resources goes toward mission work and the filed numbers largely add up. Total assets are small relative to annual expenses; liquid coverage is unknown.
Rating breakdown
- Financial Efficiency: 75
- Transparency & Controls: 82
- Sustainability: 54
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 70.8%; rating input score 71
- Program expense ratio: 81.4%; rating input score 81
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: 13%; rating input score 63; 63rd percentile among comparable filings
- Total-asset coverage ratio: 0.3; rating input score 26; 26th percentile among comparable filings
- Liabilities to assets ratio: 0; rating input score 76; 76th percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 63; 63rd percentile among comparable filings
Growth
- Program expense growth: 3.8% per year; rating input score 100; 43rd percentile among comparable filings
- Revenue growth: 2.9% per year; rating input score 100; 36th percentile among comparable filings
- Asset growth: 15.2% per year; rating input score 100; 73rd percentile among comparable filings
Details
- Where the money goes: 70.8% of revenue deployed · 81.4% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment · $140K in reported program spending
- Leadership: top reported pay $0 · 6 people listed
- Consistency: 8 of 8 current checks pass
- Schedules: 2 filed schedules
- Filing history: 15 filing years from 2010 to 2024
- Contacts: How to reach this organization
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- High — Sustainability: Total-asset coverage ratio scored 26/100.