Historic Old Town Community Foundation
Nonprofit profile at a glance
- EIN
- 330951098
- IRS 990-EZ coverage
- 2010–2011
- Forms available
- Form 990-EZ 2011
- Location
- San Diego, CA, USA
- Rating
- 93
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Historical Societies & Historic Preservation
Reported finances
- Revenue
- $168,212
- Expenses
- $156,645
- Assets
- $51,273
Source: IRS Form 990-EZ. Selected filing: tax year 2011. Amounts in USD.
Leadership & pay
10 people listed
Source: IRS Form 990-EZ. Selected filing: tax year 2011. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Celebrate Cultural Heritage
What it reported doing in 2011
The Historic Old Town Foundation was established to celebrate the heritage of Southern California and to provide cultural historic and educational programs
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. Total assets are small relative to annual expenses; liquid coverage is unknown and expenses are high relative to revenue.
Rating breakdown
- Financial Efficiency: 93
- Transparency & Controls: 100
- Sustainability: 37
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 90.7%; rating input score 91
- Program expense ratio: 97.4%; rating input score 97
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
- Major donor itemization: Yes; rating input score 100
Sustainability
- Operating margin: 6.9%; rating input score 59; 59th percentile among comparable filings
- Total-asset coverage ratio: 0.33; rating input score 30; 30th percentile among comparable filings
- Liabilities to assets ratio: Limited
- Officer compensation ratio: Limited
Growth
- Program expense growth: 29.7% per year; rating input score 100; 78th percentile among comparable filings
- Revenue growth: 17.9% per year; rating input score 100; 71st percentile among comparable filings
- Asset growth: 35.2% per year; rating input score 100; 82nd percentile among comparable filings
Details
- Where the money goes: 90.7% of revenue deployed · 97.4% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment · $153K in reported program spending
- Leadership: top reported pay $0 · 10 people listed
- Consistency: 6 of 6 current checks pass
- Schedules: 3 filed schedules
- Filing history: 2 filing years from 2010 to 2011
- 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.
Grant-readiness screening is separate from the live rating, not a measure of program quality. Review the source records before making a grant decision.
- Moderate — Sustainability: Total-asset coverage ratio scored 30/100.
- Review — Sustainability: Operating margin scored 59/100.
- High — Grant Readiness: California registration: this organization is not authorized to operate as a charity in California.