Halls Creek Preservation Fund Inc

Nonprofit profile at a glance

EIN
270813572
IRS 990-EZ coverage
2021–2024
Forms available
Form 990-EZ 2024
Location
West Hyannisport, MA, USA
Phone
6179473898
Rating
90
Verdict
STRONG
Rating confidence
Moderate
Sector
Natural Resources Conservation and Protection

Reported finances

Revenue
$8,688
Expenses
$45,058
Assets
$34,327
Liabilities
$0

Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

8 people listed

Executive titles in this filing

  • JAMES HERRINGTON (PRESIDENT)

People named in this filing

  • JAMES HERRINGTON (PRESIDENT)
  • DANIEL SERPICO (TREASURER)
  • ROBERT FAULCONER (CLERK)

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

To preserve and protect the natural environment for the benefit of the public and to lessen the government burden through the long term restoration and preservation of the halls creek estuary, located in barnstable county, Massachusetts.

What it reported doing in 2024

Halls creek preservation fund continues to invest time and money in the permitting process to gain approval for the ultimate dredging of the halls creek channel. The process requires approval from a large number of federal, state and local government agencies (town of barnstable conservation dept, coastal zone management, as an example). Feedback to our proposal has been met with additional questions and the need for additional study. Questions include but are not limited to: 1. What will the environmental impact be to the neighboring communities? 2. How do we know that dredging will increase the tidal flow? 3. What could the impact of dredging be to the marsh land and habitants of the same? Hcpf has raised money to pay for 3rd-party experts to answer these important questions, without which the project cannot proceed. The permitting process is lengthy, but (based on feedback from these same government agencies) we are making progress. Hcpf also used money on account to repair winter storm breaches in the so-called barrier beach, which serves as a natural protector of the coastline (from these same winter storms). Finally, hcpf did invest money to explore possible grant opportunities.

Operating model

Revenue model
Mixed. Its operating money came from several sources; no one source provided a clear majority.
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

STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Expenses are high relative to revenue and program spending has declined or grown slowly.

Rating breakdown

  • Financial Efficiency: 95
  • Transparency & Controls: 100
  • Sustainability: 27
  • Growth: 20

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 100%; rating input score 100
  • Program expense ratio: 86.4%; rating input score 86

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
  • Major donor itemization: Yes; rating input score 100

Sustainability

  • Operating margin: -418.6%; rating input score 3; 3rd percentile among comparable filings
  • Total-asset coverage ratio: 0.76; rating input score 39; 39th 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: -19.8% per year; rating input score 0; 18th percentile among comparable filings
  • Revenue growth: -36.7% per year; rating input score 0; 8th percentile among comparable filings
  • Asset growth: 3.2% per year; rating input score 100; 51st percentile among comparable filings

Details

  • Where the money goes: 100% of revenue deployed · 86.4% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment · $39K in reported program spending
  • Leadership: top reported pay $0 · 8 people listed
  • Consistency: 8 of 8 current checks pass
  • Schedules: 3 filed schedules
  • Filing history: 4 filing years from 2021 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: Operating margin scored 3/100.
  • High — Growth: Program expense growth scored 0/100.
  • High — Growth: Revenue growth scored 0/100.
  • Moderate — Sustainability: Total-asset coverage ratio scored 39/100.
  • Review — Sustainability: Officer compensation ratio scored 56/100.