Historic Denton

Nonprofit profile at a glance

EIN
471806688
IRS 990-EZ coverage
2015–2025
Forms available
Form 990-EZ 2025, Form 990-N 2014
Location
Denton, TX, USA
Phone
9403682683
Rating
85
Verdict
STRONG
Rating confidence
Moderate
Sector
History Museums

Reported finances

Revenue
$30,760
Expenses
$28,859
Assets
$5,770
Liabilities
$0

Source: IRS Form 990-EZ. Selected filing: tax year 2025. Amounts in USD.

Leadership & pay

3 people listed

People named in this filing

  • Randy Hunt (Director)
  • Annetta Ramsay (Trustee)
  • Mary Anderson (Trustee)

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 2025. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

To promote historic preservation and restoration in Denton, TX, supporting owners of historic structures, focused on historic preservation and rehabilitation of neighborhoods while creating new Historic Resource Surveys in collaboration with the Texas Historical Commission followed with creating new National Register Districts focused on neighborhoods.

What it reported doing in 2025

Support for owners seeking to rehab historic buildings within National Register Districts grew rapidly. Historic Denton's service to provide the three application steps for owners seeking to gain the 45% tax incentive became a full offering. Five buildings gained Part 3/C approvals and the owners gained the 45% incentive. Four additional buildings were added as service projects and the Part 1/A applications were created and submitted by Historic Denton to the Texas Historical Commission and the National Park Service. This new service is developing to become self supporting.

Operating model

Revenue model
Mixed. Its operating money came from several sources; no one source provided a clear majority.
Distribution model
Grant intermediary. The nonprofit sent 97% of its reported program spending out as grants.

The verdict

STRONG - 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 and expenses are high relative to revenue.

Rating breakdown

  • Financial Efficiency: 90
  • Transparency & Controls: 82
  • Sustainability: 46
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 88%; rating input score 88
  • Program expense ratio: 93.8%; rating input score 94

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
  • Major donor itemization: Limited

Sustainability

  • Operating margin: 6.2%; rating input score 55; 55th percentile among comparable filings
  • Total-asset coverage ratio: 0.2; rating input score 18; 18th percentile among comparable filings
  • Liabilities to assets ratio: 0; rating input score 66; 66th percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings

Growth

  • Program expense growth: 10.4% per year; rating input score 100; 71st percentile among comparable filings
  • Revenue growth: 7.7% per year; rating input score 100; 76th percentile among comparable filings
  • Asset growth: 7% per year; rating input score 100; 62nd percentile among comparable filings

Details

  • Where the money goes: 88% of revenue deployed · 93.8% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 3 filed program accomplishments · $27K in reported program spending
  • Leadership: top reported pay $0 · 3 people listed
  • Consistency: 9 of 9 current checks pass
  • Schedules: 1 filed schedules
  • Filing history: 10 filing years from 2015 to 2025
  • 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 18/100.
  • Review — Sustainability: Operating margin scored 55/100.
  • Review — Sustainability: Officer compensation ratio scored 56/100.