Springfield Preservation Trust
Nonprofit profile at a glance
- EIN
- 237309820
- IRS 990-EZ coverage
- 2012–2024
- Forms available
- Form 990-EZ 2024, Form 990-N 2010
- Location
- Springfield, MA, USA
- Phone
- 4137470656
- Rating
- 57
- Verdict
- MIXED
- Rating confidence
- Moderate
Reported finances
- Revenue
- $159,622
- Expenses
- $69,212
- Assets
- $402,597
- Liabilities
- $80,145
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
15 people listed
Executive titles in this filing
- ERICA SWALLOW (PRESIDENT)
People named in this filing
- ERICA SWALLOW (PRESIDENT)
- JAMES JOHNSON (VICE PRESIDE)
- HOPE LEWIS (TREASURER)
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
The mission of the organization is to preserve and protect properties in springfield, Massachusetts which have architectural, historic, educational, or general cultural significance for public edification and enjoyment.
What it reported doing in 2024
Quarterly newsletters and website - updates members of the activities of the organization. Upcoming events, descriptions of past events, preservation advocacy updates, building preservation and springfield history are some of the most common topics. Annual meeting as well as other events are planned and conducted to help promote the preservation of historical sites through out springfield, ma.
Operating model
- Revenue model
- Donor-supported. 78% 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
MIXED - The filed numbers largely add up and program spending has grown recently. 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: 31
- Transparency & Controls: 82
- Sustainability: 83
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 20.7%; rating input score 21
- Program expense ratio: 47.2%; rating input score 47
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: 56.6%; rating input score 95; 95th percentile among comparable filings
- Total-asset coverage ratio: 5.82; rating input score 97; 97th percentile among comparable filings
- Liabilities to assets ratio: 0.2; rating input score 18; 18th percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 63; 63rd percentile among comparable filings
Growth
- Program expense growth: 2.6% per year; rating input score 100; 38th percentile among comparable filings
- Revenue growth: 36% per year; rating input score 100; 93rd percentile among comparable filings
- Asset growth: 4.8% per year; rating input score 100; 44th percentile among comparable filings
Details
- Where the money goes: 20.7% of revenue deployed · 47.2% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 3 filed program accomplishments · $33K in reported program spending
- Leadership: top reported pay $0 · 15 people listed
- Consistency: 7 of 7 current checks pass
- Schedules: 2 filed schedules
- Filing history: 13 filing years from 2012 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 — Financial Efficiency: Mission deployment rate scored 21/100.
- Moderate — Financial Efficiency: Program expense ratio scored 47/100.
- High — Sustainability: Liabilities to assets ratio scored 18/100.