Historic Germantown Preserved
Nonprofit profile at a glance
- EIN
- 232459676
- IRS 990 coverage
- 2018–2024
- Forms available
- Form 990 2024
- Location
- Philadelphia, PA, USA
- Phone
- 2158441683
- Rating
- 84
- Verdict
- STRONG
- Rating confidence
- Standard
- Sector
- Historical Societies, Related Historical Activities
Reported finances
- Revenue
- $1,003,700
- Expenses
- $995,461
- Assets
- $326,019
- Liabilities
- $313,922
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
21 people listed
Executive titles in this filing
- CAROLYN ADAMS (BOARD PRESIDENT)
- KATHLEEN LEE (VICE PRESIDENT)
- TUOMI FORREST (EXECUTIVE DIRECTOR)
Highest reported compensation
- TUOMI FORREST (EXECUTIVE DIRECTOR): $106,000 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Hgp is an consortium of 19 historical sites concentrated in philadelphia. Hgp provides program support with coordinated marketing and operational plans.
What it reported doing in 2024
Historic Germantown is a partnership of eighteen historical sites that have come together to protect, preserve and share some of Philadelphias most prized historical assets. The organization functions as a visitor and community hub and works to incorporate historic sites into the life of the local community. The organizations keys programs include the Germantown Second Saturday Festival, coordinated in partnership with the local CDC; At Home in the Old German Township House Tour; Sustaining our Sites, an initiative aimed at raising funds for exterior repair projects at member sites; Kids Concerts in Market Square Park; Public Author and Reading Series; Elephants on the Avenue - Race, Class and Community in Historic Germantown (2015-2017) - Pew Center for Arts and Heritage funded community program using art as a catalyst for engagement and dialogue around issues of race and class, Culture Keepers Youth Program and a number of art and history public programs. Historic Germantown also assists with the administration of the award winning History Hunters Youth Reporter Program.
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 81% 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.
- Includes noncash contributions: Reported contributions include donated property or goods.
The verdict
STRONG - The filed numbers largely add up and a large share of available resources goes toward mission work. Fundraising costs are high for each dollar raised and expenses are high relative to revenue.
Rating breakdown
- Financial Efficiency: 68
- Transparency & Controls: 100
- Accountability: 100
- Sustainability: 27
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 71.8%; rating input score 72
- Program expense ratio: 72.3%; rating input score 72
- Fundraising efficiency: $10.47 raised per $1 spent on fundraising; rating input score 39; 39th percentile among comparable filings
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
- Pay-setting controls: Limited
- Foreign activity oversight: Limited
- Grant itemization coverage: Limited
- Major donor itemization: Yes; rating input score 100
- Related-party transparency: Limited
Accountability
- Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
- Governance controls: 8 of 8 controls in place; rating input score 100
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Pass
- CEO compensation review process: Pass
- Other executive compensation review process: NotApplicable
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Pass
- Independent financial-statement audit: Pass
Sustainability
- Operating margin: 0.8%; rating input score 38; 38th percentile among comparable filings
- Total-asset coverage ratio: 0.33; rating input score 15; 15th percentile among comparable filings
- Liabilities to assets ratio: 0.96; rating input score 6; 6th percentile among comparable filings
- Officer compensation ratio: 10.6%; rating input score 35; 35th percentile among comparable filings
Growth
- Program expense growth: 19.6% per year; rating input score 100; 82nd percentile among comparable filings
- Revenue growth: 20.6% per year; rating input score 100; 86th percentile among comparable filings
- Asset growth: 26.1% per year; rating input score 100; 88th percentile among comparable filings
Details
- Where the money goes: 71.8% of revenue deployed · 72.3% of spending went to programs
- Governance: 19 of 19 board members independent · 8 of 8 filing controls reported
- Programs: 4 filed program accomplishments · $720K in reported program spending
- Leadership: top reported pay $106K · 21 people listed
- Consistency: 24 of 24 current checks pass
- Schedules: 4 filed schedules · includes major donors
- Filing history: 6 filing years from 2018 to 2024
- Contacts: How to reach this organization
- Money network: 1 filed money-flow record
- 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.
- Moderate — Financial Efficiency: Fundraising efficiency scored 39/100.
- Moderate — Sustainability: Operating margin scored 38/100.
- High — Sustainability: Total-asset coverage ratio scored 15/100.
- High — Sustainability: Liabilities to assets ratio scored 6/100.
- Moderate — Sustainability: Officer compensation ratio scored 35/100.