Lost Towns Project Inc

Nonprofit profile at a glance

EIN
471262991
IRS 990-EZ coverage
2014–2024
Forms available
Form 990-EZ 2024
Location
Annapolis, MD, USA
Rating
88
Verdict
STRONG
Rating confidence
Moderate
Sector
Historical Societies, Related Historical Activities

Reported finances

Revenue
$12,154
Expenses
$39,908
Assets
$25,309

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

Leadership & pay

3 people listed

Executive titles in this filing

  • Sherri Marsh Johns (President)

People named in this filing

  • Sherri Marsh Johns (President)
  • Andrew Webster (Treasurer)
  • Heather Ersts (Secretary)

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

Promote facilitate and enable the preservation discovery academic study appreciation and stewardship of public and privately-owned cultural resources historic structures and archaeological sites in the Mid Atlantic.

What it reported doing in 2024

LTPs mainstay of its program is the engagement of citizens volunteers and students in the historical and archaeological inquiry at suites across the Mid Atlantic Region. Consultants oversaw volunteers and academic interns working on a multitude of research projects this past year including the laboratory processing analysis and curation of several significant archaeological collections; 137 volunteers have contributed 1,881 hours of their time to the project in the past fiscal year. This year 5 student interns received stipends to support their work alongside professionals as they earned college credit while learning valuable technical skills working on unique research projects.

Operating model

Revenue model
Donor-supported. 100% of the money available for current operations came from contributions and gifts.
Distribution model
Direct operator. The filing allocates 85% 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: 93
  • Transparency & Controls: 100
  • Sustainability: 19
  • Growth: 20

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 100%; rating input score 100
  • Program expense ratio: 80.9%; rating input score 81

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: -228.4%; rating input score 4; 4th percentile among comparable filings
  • Total-asset coverage ratio: 0.63; rating input score 35; 35th 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: -12.1% per year; rating input score 0; 25th percentile among comparable filings
  • Revenue growth: -13.1% per year; rating input score 0; 20th percentile among comparable filings
  • Asset growth: 6.6% per year; rating input score 100; 63rd percentile among comparable filings

Details

  • Where the money goes: 100% of revenue deployed · 80.9% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 3 filed program accomplishments · $32K in reported program spending
  • Leadership: top reported pay $0 · 3 people listed
  • Consistency: 8 of 8 current checks pass
  • Schedules: 3 filed schedules
  • Filing history: 10 filing years from 2014 to 2024
  • Contacts: How to reach this organization
  • Money network: Resolved incoming and outgoing counterparties from filed money flows.
  • Related organizations: Filed and resolved organization relationships.
  • 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 4/100.
  • High — Growth: Program expense growth scored 0/100.
  • High — Growth: Revenue growth scored 0/100.
  • Moderate — Sustainability: Total-asset coverage ratio scored 35/100.
  • Review — Sustainability: Officer compensation ratio scored 56/100.