Preservation Dallas Inc
Nonprofit profile at a glance
- EIN
- 237258521
- IRS 990 coverage
- 2011–2024
- Forms available
- Form 990 2024, Form 990-EZ 2009
- Location
- Dallas, TX, USA
- Rating
- 68
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
Reported finances
- Revenue
- $295,372
- Expenses
- $406,791
- Assets
- $923,491
- Liabilities
- $73,537
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
22 people listed
Executive titles in this filing
- GREGORY JOHNSTON (PRESIDENT)
- RONALD SIEBLER (PRESIDENT)
People named in this filing
- CHRIS BOWERS (TRUSTEE)
- NICK BROOKS (TRUSTEE)
- VICTORIA CLOW (PAST PRESIDE)
Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
To collaborate, educate and advocate for the preservation and revitalization of dallas' historic buildings, neighborhoods and other places of historical significance. The organization champions initiatives to protect the history and culture of neighborhoods and historic buildings throughout the community, enhancing the quality of life and the economic development of dallas
What it reported doing in 2024
Educational workshops to showcase solutions for historic home buying or selling, information on protected neighborhoods and their impact, and learning about common historic home repairs like windows.
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.
- Includes noncash contributions: Reported contributions include donated property or goods.
The verdict
SUPPORTED - The filed numbers largely add up and most voting board members are independent. Some filing-based governance responses are negative or unanswered and a relatively small share of total spending goes to programs.
Rating breakdown
- Financial Efficiency: 58
- Transparency & Controls: 86
- Accountability: 64
- Sustainability: 33
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 70.8%; rating input score 71
- Program expense ratio: 49.7%; rating input score 50
- Fundraising efficiency: $4.85 raised per $1 spent on fundraising; rating input score 21; 21st percentile among comparable filings
Transparency & Controls
- Consistency checks: 93.3%; rating input score 93; 26th 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: 1 of 7 controls in place; rating input score 14
- Conflict-of-interest policy: Pass
- Whistleblower policy: Fail
- Document-retention policy: Fail
- CEO compensation review process: NotApplicable
- Other executive compensation review process: NotApplicable
- Form 990 shared with the board: Fail
- Board meeting minutes documented: Fail
- Audit committee oversight: Missing
- Independent financial-statement audit: Fail
Sustainability
- Operating margin: -37.7%; rating input score 7; 7th percentile among comparable filings
- Total-asset coverage ratio: 2.27; rating input score 62; 62nd percentile among comparable filings
- Liabilities to assets ratio: 0.08; rating input score 28; 28th percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 69; 69th percentile among comparable filings
Growth
- Program expense growth: 4.8% per year; rating input score 100; 53rd percentile among comparable filings
- Revenue growth: 1.9% per year; rating input score 100; 34th percentile among comparable filings
- Asset growth: 1.9% per year; rating input score 100; 33rd percentile among comparable filings
Details
- Where the money goes: 70.8% of revenue deployed · 49.7% of spending went to programs
- Governance: 22 of 22 board members independent · 1 of 7 filing controls reported
- Programs: 4 filed program accomplishments · $202K in reported program spending
- Leadership: top reported pay $0 · 22 people listed
- Consistency: 26 of 26 current checks pass
- Schedules: 6 filed schedules · includes major donors
- Filing history: 14 filing years from 2011 to 2024
- Contacts: How to reach this organization
- Money network: 1 filed money-flow record
- 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 — Accountability: Governance controls: 5 of 6 not reported.
- Review — Financial Efficiency: Program expense ratio scored 50/100.
- High — Financial Efficiency: Fundraising efficiency scored 21/100.
- High — Sustainability: Operating margin scored 7/100.
- High — Sustainability: Liabilities to assets ratio scored 28/100.