Historic Red Hook EIN 14-1664696 Form 990 (PDF) Claim this org

Historic Red Hook

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Preserves historical documents and artifacts for future generations. For fiscal year 2024 it reported $129K in revenue, $144K in expenses, and $698K in net assets.Pt I

Type
Public charity (501(c)(3)) · Nonprofit
Location
Red Hook, NY
Website
historicredhook.org
Filings
5 on file (2020–2024)
Revenue
$129KFY2024
Expenses
$144K
Net assets
$698K
People
11
Filings
5
Updates
0
More identity details & actions ⌄
EIN  14-1664696 Public charity (501(c)(3)) Red Hook, NY
Form 990 (PDF)
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Size
$100K–1M
What they do
Preserves historical documents and artifacts for future generations.
Leadership
Elisabeth Tatum · Executive Director · $32K
Money in and out
$129K revenue, $144K expenses
Bottom line
62% program efficiency
Where the money goes · FY2024
Total revenue
$129K
Pt VIII · Ln 12
Total expenses
$144K
Pt IX · Ln 25
Net assets
$698K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): −$15K
Where spending went · Part IX cols B–D
Program services $0.62 Management & general $0.29 Fundraising $0.09
Program efficiency
62%
of spending reaches programs▲ +11% vs prior filing year
Operating runway
23.9mo
months of highly liquid reserves at operating expense rate▼ -13% vs prior filing year
Surplus margin
-12%
revenue over expenses, this year▲ +56% vs prior filing year

Summary of the Filing

Part I · fiscal year 2024 · Form 990
Revenue
$129K
FY2024▲ +32%
Expenses
$144K
FY2024▲ +17%
Total assets
$706K
FY2024-0.2%
Total liabilities
$7K
FY2024▲ +1%
Revenue less expensesPt I · Ln 19−$15K
Total assetsPt X · Ln 16$706K
Program-expense ratioPt IX · col B62%
Voting members of governing bodyPt I · Ln 38
Independent voting membersPt I · Ln 48

Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CHistoric Red Hook
EINHdr · item D14-1664696
Principal addressHdr · item CRed Hook, NY
WebsiteHdr · item Jhistoricredhook.org
Year of formationHdr · item Lpending
State of legal domicileHdr · item MNY
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFNonprofit
Ruling yearIRS BMFFeb 1993

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a8
Independent voting membersPt VI · Ln 1b8
Conflict-of-interest policyPt VI · Ln 12aNo
Whistleblower policyPt VI · Ln 13No
Document retention policyPt VI · Ln 14No
CEO/top-official compensation independently reviewedPt VI · Ln 15aNo
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
Executive Director
$32,500Pt VII · Sec A
Treasurer
$0Pt VII · Sec A
Secretary
$0Pt VII · Sec A
President
$0Pt VII · Sec A
$0Pt VII · Sec A
1st Vice President
$0Pt VII · Sec A
$0Pt VII · Sec A
2nd Vice President
$0Pt VII · Sec A

Compensation history total reportable pay by year · 1 named individual · Part VII

NameFY2024FY2023FY2022FY2021FY2020
Elisabeth Tatum$32,500$30,000$27,500$25,000$22,657

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

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Mission & Programs · Part III

Where the work happens

1 program service account for $89K of program spending, described in the organization's own filed words · FY2024.
01

Our mission is to engage the community in conversations about red hook's unfolding story. We do this by collecting, preserving and promoting red hook's history, maintaining the historic elmendorph inn as a community center, creating dynamic public programs and partnering with community ORGANIZATIONS.OUR archives room on tuesdays to find…

$89Kprogram expense

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Statement of Revenue

Part VIII
Contributions & grants$63K · 49%
Other revenue$39K · 30%
Program service revenue$18K · 14%
Investment income$8K · 7%
Contributions & grants49%$63K
Other revenue30%$39K
Program service revenue14%$18K
Investment income7%$8K
Total revenueLn 12$129K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.62 Management & general $0.29 Fundraising $0.09
Program services62%$89K
Management & general29%$42K
Fundraising9%$13K
Total functional expensesLn 25$144K

Balance Sheet

Part X · end of year
CashLn 1$98K
Total assetsLn 16$706K
Total liabilitiesLn 26$7K
Total net assetsLn 32$698K
Months of cash on handcomputed8.2

Financial Metrics

Form 990 · FY2024 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $287K · Operating expenses/yr $144K
23.9 months
Where the money goes
Program services
Program services $89K · Total expenses $144K
62%
Management & General
Management & general $42K · Total expenses $144K
29%
Fundraising
Fundraising $13K · Total expenses $144K
9%
Cost to raise $1
Fundraising expense (3-yr avg) $10K · Solicited contributions (3-yr avg) $56K
$0.18 to raise $1 (3-yr avg)
Where the money comes from
Contribution dependence
Contributions & grants $63K · Total revenue $129K
49%
Government reliance
Government grants — · Total revenue $129K
Earned-income share
Program service revenue $18K · Total revenue $129K
14%
Investment reliance
Investment income $8K · Total revenue $129K
+7%
Program self-sufficiency
Program service revenue $18K · Total expenses $144K
13%
Growth & trend
Revenue growth (YoY)
This year $129K · Prior year $98K
+32%
Revenue CAGR
FY2020 $201K · FY2024 $129K
-11%
Net-asset trend (YoY)
End of year $698K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $129K · Expenses $144K
-12%
Liabilities-to-Assets
Total liabilities — · Total assets $706K
Net-asset ratio
Net assets $698K · Total assets $706K
99%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) $189K · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $706K
27%
People & payroll
Highest Reported Total Compensation
Individual Elisabeth Tatum · Reported title EXECUTIVE DIRECTOR · Highest reported compensation $32K · Total expenses $144K
23%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $37K · Total expenses $144K
26%
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 62%
Overhead ratio 29%
Fundraising cost ratio 20%
Revenue growth 32%
Investment management fee ratio 0.06%

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

Grants

Schedule I · funders on record
Grants received · FY2024
Total grants receivedfrom 3 funders$14K
See all 3 funders →

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Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2024 (Latest)$129K revenue · viewing · ⤓ 990 PDF
FY2023$98K revenue · ⤓ 990 PDF
FY2022$128K revenue · ⤓ 990 PDF
FY2021$160K revenue · ⤓ 990 PDF
FY2020$201K revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2024IRS
Classification, formation year, addressIRS Business Master File
Names, privacy, and removal requests More

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