Downtown Sherman Preservation and Revitalization Inc
Nonprofit profile at a glance
- EIN
- 752449354
- IRS 990-EZ coverage
- 2014–2024
- Forms available
- Form 990-EZ 2024, Form 990-N 2013
- Location
- Sherman, TX, USA
- Phone
- 9034875570
- Rating
- 38
- Verdict
- REVIEW
- Rating confidence
- Moderate
- Sector
- Historical Societies, Related Historical Activities
Reported finances
- Revenue
- $69,685
- Expenses
- $65,172
- Assets
- $57,507
- Liabilities
- $0
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
11 people listed
Executive titles in this filing
- BEN CROUSE (PRESIDENT)
- LINDA WALKER (VICE PRESIDENT)
People named in this filing
- BEN CROUSE (PRESIDENT)
- LINDA WALKER (VICE PRESIDENT)
- STEPHANIE COTTON (SECRETARY)
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
Downtown sherman preservation and revitalization, inc. (dsp&r)is a non-profit, board administered organization dedicated to the promotion and preservation of the central business district. Specifically, the corporation will: preserve the architectural character of the neighborhood and implement forward edge urban design principles, acting as a planning agent to develop public/private partnerships for neighborhood improvements; market the downtown neighborhood, its activities, resources, and amenities to the residents of the city of sherman, the surrounding area, business leaders, and the development community at large; develop the economy of the neighborhood by supporting existing businesses and attracting new businesses, and program events downtown, including events for visitors and guests as well as professional development programs and public service programs.
What it reported doing in 2024
Other programs
Operating model
- Revenue model
- Donor-supported. 73% of the money available for current operations came from contributions and gifts.
- Distribution model
- No current program activity. The filing reports no program spending for the current year.
The verdict
REVIEW - The filed numbers largely add up and revenue has grown recently. A relatively small share of available resources goes toward mission work and a relatively small share of total spending goes to programs.
Rating breakdown
- Financial Efficiency: 0
- Transparency & Controls: 82
- Sustainability: 54
- Growth: 60
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 0%; rating input score 0
- Program expense ratio: 0%; rating input score 0
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: 6.5%; rating input score 57; 57th percentile among comparable filings
- Total-asset coverage ratio: 0.88; rating input score 43; 43rd percentile among comparable filings
- Liabilities to assets ratio: 0; rating input score 68; 68th percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings
Growth
- Program expense growth: -25.9% per year; rating input score 0; 15th percentile among comparable filings
- Revenue growth: 4.3% per year; rating input score 100; 69th percentile among comparable filings
- Asset growth: 23.2% per year; rating input score 100; 88th percentile among comparable filings
Details
- Where the money goes: 0% of revenue deployed · 0% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 2 filed program accomplishments
- Leadership: top reported pay $0 · 11 people listed
- Consistency: 8 of 8 current checks pass
- Schedules: 3 filed schedules
- Filing history: 10 filing years from 2014 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 — Financial Efficiency: Mission deployment rate scored 0/100.
- High — Financial Efficiency: Program expense ratio scored 0/100.
- High — Growth: Program expense growth scored 0/100.
- Review — Sustainability: Operating margin scored 57/100.
- Moderate — Sustainability: Total-asset coverage ratio scored 43/100.
- Review — Sustainability: Officer compensation ratio scored 56/100.