Petersburg Preservation Task Force

Nonprofit profile at a glance

EIN
814151623
IRS 990-EZ coverage
2017–2020
Forms available
Form 990-EZ 2020
Location
Petersburg, VA, USA
Phone
7573435539
Rating
87
Verdict
STRONG
Rating confidence
Moderate
Sector
Museum, Museum Activities

Reported finances

Revenue
$132,900
Expenses
$111,139
Assets
$69,475

Source: IRS Form 990-EZ. Selected filing: tax year 2020. Amounts in USD.

Leadership & pay

10 people listed

Executive titles in this filing

  • DEAN MCCRAY (President)
  • JOE HADDON (Vice President)

People named in this filing

  • DEAN MCCRAY (President)
  • ANDREA HUNTJENS (Treasurer)
  • JOE HADDON (Vice President)

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 2020. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Charitable, educational, and historical preservation

What it reported doing in 2020

Charitable, educational, and historical preservation purposes as well as supporting, creating, restoring, interpreting, and promoting all facets of three museums in the city of petersburg, Virginia.

Operating model

Revenue model
Donor-supported. 90% 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

STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Program spending has declined or grown slowly and revenue has declined or grown slowly.

Rating breakdown

  • Financial Efficiency: 89
  • Transparency & Controls: 100
  • Sustainability: 39
  • Growth: 20

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 83.3%; rating input score 83
  • Program expense ratio: 99.6%; rating input score 100

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: 16.4%; rating input score 57; 57th percentile among comparable filings
  • Total-asset coverage ratio: 0.63; rating input score 36; 36th percentile among comparable filings
  • Liabilities to assets ratio: Limited
  • Officer compensation ratio: 36.9%; rating input score 12; 12th percentile among comparable filings

Growth

  • Program expense growth: -7.3% per year; rating input score 0; 20th percentile among comparable filings
  • Revenue growth: -8.7% per year; rating input score 0; 8th percentile among comparable filings
  • Asset growth: 12.5% per year; rating input score 100; 61st percentile among comparable filings

Details

  • Where the money goes: 83.3% of revenue deployed · 99.6% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment · $111K in reported program spending
  • Leadership: top reported pay $0 · 10 people listed
  • Consistency: 6 of 6 current checks pass
  • Schedules: 4 filed schedules
  • Filing history: 4 filing years from 2017 to 2020
  • Contacts: How to reach this organization
  • Money network: 2 filed money-flow records
  • 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.

  • High — Growth: Program expense growth scored 0/100.
  • High — Growth: Revenue growth scored 0/100.
  • Review — Sustainability: Operating margin scored 57/100.
  • Moderate — Sustainability: Total-asset coverage ratio scored 36/100.
  • High — Sustainability: Officer compensation ratio scored 12/100.
  • High — Grant Readiness: Automatic revocation: this organization had its federal tax-exempt status automatically revoked.