Historically Significant Structures Incorporated FY2022 filing

Tax-deductible

Philadelphia, PA501(c)(3)Arts & CultureEIN 20-0169457

To restore, rehabilitate, preserve Execution Rocks Lighthouse Nassau County Long Island New York to provide historical, educational and maritime experiences to the public.

501(c)(3) charity; gifts are tax-deductible.
100¢ of each $1 spent went to programs.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX

Before you give

FY2022 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2024
latest Form 990
Looks good: the latest return is for FY2024, 2 tax years back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
3 of 5
filings with a surplus
Average surplus $1K a year · 9% of revenue · last 5 filings
Worth a look: a surplus in 3 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
100%
of spending
Looks good: 100% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Cash reserves
5 mo
of spending, in cash
Looks good: 5.0 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Liabilities
$0
0% of total assets
Looks good: liabilities are 0% of assets; 50% or less.
Pt X · Ln 26
Independent board members
8
of 8 voting members
Looks good: 8 of 8 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$12K
×35 vs prior year
Spent
$13K
To programs
100%
Net assets
$1.2M
By yearFY2020–FY2024
Revenue
$12K
FY2022▲ ×35
Revenue by fiscal year
FY2020$24K
FY2021$350
FY2022$12K
FY2023$10K
FY2024$10K
Expenses
$13K
FY2022▲ +18%
Expenses by fiscal year
FY2020$8K
FY2021$11K
FY2022$13K
FY2023$9K
FY2024$10K
Net assets
$1.2M
FY2022-0.05%
Net assets by fiscal year
FY2020$1.2M
FY2021$1.2M
FY2022$1.2M
FY2023$1.2M
FY2024$1.2M

From the FY2022 Form 990 · see the original

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You’re viewing the FY2022 filing — not the latest on file. See the latest (FY2024) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Jan 2004.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

100 cents of each dollar spent went to programs.

Program services 100% · $13K

Form 990 Part IX, line 25. Every line is in By the numbers.

Who runs it and what they're paid

8 people listed on the 990.

Part VII, Section A · reportable compensation
Director
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
Treasurer
$0Pt VII · Sec A
$0Pt VII · Sec A
See Historically Significant Structures Incorporated executive salaries →

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Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aNo

Programs and updates

Restores and preserves Execution Rocks Lighthouse for historical and educational public experiences.

Provided by the organization

This section is blank until Historically Significant Structures Incorporated claims this page.

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1 program service account for $13K of program spending, described in the organization's own filed words · FY2022.
01

Provide tours of the lighthouse to present the history of the lighthouse, provide boat and maritime safety and history nd provide the lighthouse keeper's experiences to the public visiting the lighthouse.

$13Kprogram expense

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By the numbers

The FY2022 990, line by line.

1The main four
Money inPt VIII
$12K
Ln 12
Gifts and grantsLn 1h$12K
Money outPt IX
$13K
Ln 25
Programscol B$13K
Owns and owesPt X
$1.2M
net assets · Ln 32
Cash and savingsLn 1–2$5K
Total assetsLn 16$1.2M
LiabilitiesLn 26$0
PeoplePt VI, VII
8
listed · VII A
PaidVII A0
Voting boardVI 1a8
IndependentVI 1b8
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$12K
Government grantsLn 1e$0
Noncash giftsLn 1g$0
Fundraising eventsLn 1c$0
Total revenueLn 12$12K
Assets in detailPt X, end of year
CashLn 1$5K
SavingsLn 2$0
Cash and savings togetherLn 1–2$5K
Land, buildings, equipmentLn 10c$1.2M
Total assetsLn 16$1.2M
LiabilitiesLn 26$0
Net assetsLn 32$1.2M
OperationsPt I, VI
EmployeesI 50
VolunteersI 620
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13No
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY22End FY22
Cash and savingsLn 1–2$6K$5K
Land, buildings, equipmentLn 10c$1.2M$1.2M
Total assetsLn 16$1.2M$1.2M
LiabilitiesLn 26$0$0
Net assetsLn 32$1.2M$1.2M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$0$0
Grants to domestic individualsLn 2$0$0
Grants and assistance to foreign recipientsLn 3$0$0
Benefits paid to or for membersLn 4$0$0
Pay of current officers, directors and key staffLn 5$0$0$0$0
Pay of disqualified personsLn 6$0$0$0$0
Other salaries and wagesLn 7$0$0$0$0
Pension plan contributionsLn 8$0$0$0$0
Other employee benefitsLn 9$0$0$0$0
Payroll taxesLn 10$0$0$0$0
Advertising and promotionLn 12$600$600$0$0
Office expensesLn 13$1K$1K$0$0
Information technologyLn 14$1K$1K$0$0
TravelLn 17$870$870$0$0
InsuranceLn 23$3K$3K$0$0
Other expenses (24a–d)Ln 24$6K$6K$0$0
Total functional expensesLn 25$13K$13K$0$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest $10K$10K$244$1.2M 990 PDF
FY2023 $10K$9K$634$1.2M 990 PDF
FY2022 Viewing $12K$13K−$645$1.2M 990 PDF
FY2021 $350$11K−$11K$1.2M 990 PDF
FY2020 $24K$8K$16K$1.2M 990 PDF

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Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
See the full FY2022 990 (4 parts)
Part VIII · Statement of revenue $12,355 across 9 lines filed
VIII-1a Federated campaigns$0
VIII-1b Membership dues$0
VIII-1c Fundraising events$0
VIII-1d Related organizations$0
VIII-1e Government grants$0
VIII-1f All other contributions, gifts and grants$12,355
VIII-1g Noncash contributions (included above)$0
VIII-1h Total contributions, gifts and grants$12,355
VIII-12 Total revenueRelated to mission $0 · Unrelated business $0 · Excluded from tax $0$12,355
Part IX · Statement of functional expenses $13,000 across 16 lines filed
IX-1 Grants to domestic organizationsPrograms $0$0
IX-2 Grants to domestic individualsPrograms $0$0
IX-3 Grants and assistance to foreign recipientsPrograms $0$0
IX-4 Benefits paid to or for membersPrograms $0$0
IX-5 Pay of current officers, directors and key staffPrograms $0 · Management $0 · Fundraising $0$0
IX-6 Pay of disqualified personsPrograms $0 · Management $0 · Fundraising $0$0
IX-7 Other salaries and wagesPrograms $0 · Management $0 · Fundraising $0$0
IX-8 Pension plan contributionsPrograms $0 · Management $0 · Fundraising $0$0
IX-9 Other employee benefitsPrograms $0 · Management $0 · Fundraising $0$0
IX-10 Payroll taxesPrograms $0 · Management $0 · Fundraising $0$0
IX-12 Advertising and promotionPrograms $600 · Management $0 · Fundraising $0$600
IX-13 Office expensesPrograms $1,200 · Management $0 · Fundraising $0$1,200
IX-14 Information technologyPrograms $1,001 · Management $0 · Fundraising $0$1,001
IX-17 TravelPrograms $870 · Management $0 · Fundraising $0$870
IX-23 InsurancePrograms $2,950 · Management $0 · Fundraising $0$2,950
IX-24 Other expenses (24a–d)Programs $6,379 · Management $0 · Fundraising $0$6,379
IX-25 Total functional expensesPrograms $13,000 · Management $0 · Fundraising $0$13,000
Part X · Balance sheet $1,205,424 assets, 18 lines filed
X-1 Cash, non-interest-bearingStart of year $6,069$5,424
X-2 Savings and temporary cash investmentsStart of year $0$0
X-3 Pledges and grants receivableStart of year $0$0
X-4 Accounts receivableStart of year $0$0
X-8 Inventories for sale or useStart of year $0$0
X-9 Prepaid expenses and deferred chargesStart of year $0$0
X-10c Land, buildings and equipment, netStart of year $1,200,000$1,200,000
X-16 Total assetsStart of year $1,206,069$1,205,424
X-17 Accounts payable and accrued expensesStart of year $0$0
X-18 Grants payableStart of year $0$0
X-19 Deferred revenueStart of year $0$0
X-20 Tax-exempt bond liabilitiesStart of year $0$0
X-24 Unsecured notes and loans payableStart of year $0$0
X-26 Total liabilitiesStart of year $0$0
X-27 Net assets without donor restrictionsStart of year $1,206,069$1,205,424
X-28 Net assets with donor restrictionsStart of year $0$0
X-32 Total net assets or fund balancesStart of year $1,206,069$1,205,424
X-33 Total liabilities and net assetsStart of year $1,206,069$1,205,424
Part XI · Reconciliation of net assets $1,205,424 net assets at year end
XI-1 Total revenue$12,355
XI-2 Total expenses$13,000
XI-3 Revenue less expenses−$645
XI-4 Net assets at start of year$1,206,069
XI-5 Net unrealized gains (losses) on investments$0
XI-6 Donated services and use of facilities$0
XI-7 Investment expenses$0
XI-8 Prior period adjustments$0
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$1,205,424

Form 990 e-file (XML) FY2022 from the IRS · Classification, formation year and address from the IRS Business Master File

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