The Plano Conservancy For Historic Preservation I
Nonprofit profile at a glance
- EIN
- 752920593
- IRS 990 coverage
- 2018–2024
- Forms available
- Form 990 2024
- Location
- Plano, TX, USA
- Phone
- 2146352539
- Rating
- 83
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Historical Societies, Related Historical Activities
Reported finances
- Revenue
- $365,451
- Expenses
- $390,815
- Assets
- $346,134
- Liabilities
- $-74
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
13 people listed
Executive titles in this filing
- Kim Hils (Executive Director)
- Harold Larson (President)
Highest reported compensation
- Kim Hils (Executive Director): $58,516 total reported compensation
- Seth Blackmon (Museum Director): $45,950 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
This nonprofit is dedicated to promoting civic pride in the past, to increasing preservation awareness through education and public outreach and to providing financial assistance to protect and preserve our heritage resources for this and future generations.
What it reported doing in 2024
Remove, repair & renew pioneer cemeteries that have been deteriorating over time. Projects include repairing and restoring headstones, fence repair & grounds cleanup.
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.
The verdict
STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Some filing-based governance responses are negative or unanswered and expenses are high relative to revenue.
Rating breakdown
- Financial Efficiency: 82
- Transparency & Controls: 92
- Accountability: 84
- Sustainability: 25
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 94.7%; rating input score 95
- Program expense ratio: 88.3%; rating input score 88
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 64th 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: 5 of 8 controls in place; rating input score 62
- Conflict-of-interest policy: Fail
- Whistleblower policy: Fail
- Document-retention policy: Fail
- CEO compensation review process: Pass
- Other executive compensation review process: NotApplicable
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Pass
- Independent financial-statement audit: Pass
Sustainability
- Operating margin: -6.9%; rating input score 26; 26th percentile among comparable filings
- Total-asset coverage ratio: 0.89; rating input score 37; 37th percentile among comparable filings
- Liabilities to assets ratio: Limited
- Officer compensation ratio: 26.7%; rating input score 13; 13th percentile among comparable filings
Growth
- Program expense growth: 3.8% per year; rating input score 100; 48th percentile among comparable filings
- Revenue growth: 1.6% per year; rating input score 100; 32nd percentile among comparable filings
- Asset growth: 2% per year; rating input score 100; 33rd percentile among comparable filings
Details
- Where the money goes: 94.7% of revenue deployed · 88.3% of spending went to programs
- Governance: 10 of 10 board members independent · 5 of 8 filing controls reported
- Programs: 2 filed program accomplishments · $345K in reported program spending
- Leadership: top reported pay $59K · 13 people listed
- Consistency: 26 of 26 current checks pass
- Schedules: 4 filed schedules · includes major donors
- Filing history: 7 filing years from 2018 to 2024
- 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.
- Review — Accountability: Governance controls: 3 of 8 not reported.
- High — Sustainability: Operating margin scored 26/100.
- Moderate — Sustainability: Total-asset coverage ratio scored 37/100.
- High — Sustainability: Officer compensation ratio scored 13/100.