Norwalk Preservation Tr Inc
Nonprofit profile at a glance
- EIN
- 421581388
- IRS 990-EZ coverage
- 2010–2023
- Forms available
- Form 990 2022, Form 990-EZ 2023, Form 990-N 2021
- Location
- Norwalk, CT, USA
- Rating
- 48
- Verdict
- MIXED
- Rating confidence
- Moderate
- Sector
- Historical Societies, Related Historical Activities
Reported finances
- Revenue
- $30,942
- Expenses
- $14,810
- Assets
- $440,535
Source: IRS Form 990-EZ. Selected filing: tax year 2023. Amounts in USD.
Leadership & pay
10 people listed
Executive titles in this filing
- Tod Bryant (President)
- Lee Levey (Vice President)
People named in this filing
- Tod Bryant (President)
- Lee Levey (Vice President)
- Charles Harris (Acting 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 2023. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Our mission is to protect Norwalks irreplaceable historic buildings and neighborhoods landscapes and streetscapes by raising awareness and taking appropriate action when necessary. We fulfill this mission through advocacy and education including public events like tours and workshops. We are a voice for preservation and an information resource for homeowners residents businesses and developers as well as city state and national organizations and government agencies.
What it reported doing in 2023
Community-building exercise focused on historic preservation and urban renewal related to our organizational mission. Our 2024 Janes Walk program featured a walking tour of South Norwalks historic districts focused on two major projects in this urban space the replacement of the railroad bridge and two historic buildings that will be demolished to make way for a hotel project. We talked with residents in front of their homes and with business owners in their establishments. More than 20 people attended. This was a free event with NPT leadership donating their time and expertise. You can learn more and see photos on our web site under Current News.
Operating model
- Revenue model
- Investment-supported. 71% of the money available for current operations came from recurring investment income.
- 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
MIXED - The filed numbers largely add up and revenue comfortably covers expenses. A relatively small share of available resources goes toward mission work and a relatively small share of total spending goes to programs.
Rating breakdown
- Financial Efficiency: 22
- Transparency & Controls: 74
- Sustainability: 78
- Growth: 60
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 13.2%; rating input score 13
- Program expense ratio: 36.7%; rating input score 37
Transparency & Controls
- Consistency checks: 90%; rating input score 90; 2nd percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: 52.1%; rating input score 92; 92nd percentile among comparable filings
- Total-asset coverage ratio: 29.75; rating input score 97; 97th 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: Limited
- Revenue growth: 4.4% per year; rating input score 100; 70th percentile among comparable filings
- Asset growth: 11.2% per year; rating input score 100; 74th percentile among comparable filings
Details
- Where the money goes: 13.2% of revenue deployed · 36.7% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 3 filed program accomplishments · $5K in reported program spending
- Leadership: top reported pay $0 · 10 people listed
- Consistency: 8 of 8 current checks pass
- Schedules: 3 filed schedules
- Filing history: 2 filing years from 2010 to 2023
- 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 — Financial Efficiency: Mission deployment rate scored 13/100.
- Moderate — Financial Efficiency: Program expense ratio scored 37/100.
- Review — Sustainability: Officer compensation ratio scored 56/100.