Historic Easton Inc

Nonprofit profile at a glance

EIN
237309742
IRS 990-EZ coverage
2010–2024
Forms available
Form 990 2023, Form 990-EZ 2024, Form 990-N 2009
Location
Easton, MD, USA
Phone
4434964007
Rating
75
Verdict
SUPPORTED
Rating confidence
Moderate

Reported finances

Revenue
$2,725
Expenses
$3,156
Assets
$31,212

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

Leadership & pay

9 people listed

Executive titles in this filing

  • CARLENE PHOENIX (PRESIDENT)

People named in this filing

  • CARLENE PHOENIX (PRESIDENT)
  • YVONNE FREEMAN (VICE PRESIDE)
  • ANGELA TOWNSEND-WILLIAMS (RECORDING SE)

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

Programs to help restore historical buildings within the town of easton and to encourage the land owners to preserve any building they own to enable the general public to observe the preservation that has been done to date.

What it reported doing in 2024

Historic easton's primary activities in 2024 were: a tour for state grantors (dhcd) in april and an event to receive a statewide preservation award from Maryland historical trust for our rehabilitation of the historic asbury united methodist church.

Operating model

Revenue model
Donor-supported. 99% of the money available for current operations came from contributions and gifts.
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. Expenses are high relative to revenue and assets have declined or grown slowly.

Rating breakdown

  • Financial Efficiency: 71
  • Transparency & Controls: 82
  • Sustainability: 46
  • Growth: 80

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 75.5%; rating input score 75
  • Program expense ratio: 65%; rating input score 65

Transparency & Controls

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

Sustainability

  • Operating margin: -15.8%; rating input score 26; 26th percentile among comparable filings
  • Total-asset coverage ratio: 9.89; rating input score 92; 92nd percentile among comparable filings
  • Liabilities to assets ratio: Limited
  • Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings

Growth

  • Program expense growth: 1.8% per year; rating input score 100; 53rd percentile among comparable filings
  • Revenue growth: 12.5% per year; rating input score 100; 84th percentile among comparable filings
  • Asset growth: -5.1% per year; rating input score 0; 24th percentile among comparable filings

Details

  • Where the money goes: 75.5% of revenue deployed · 65% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment · $2K in reported program spending
  • Leadership: top reported pay $0 · 9 people listed
  • Consistency: 6 of 6 current checks pass
  • Schedules: 2 filed schedules
  • Filing history: 11 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: Operating margin scored 26/100.
  • High — Growth: Asset growth scored 0/100.
  • Review — Sustainability: Officer compensation ratio scored 56/100.