Historic Easton Inc is located in Easton, MD. The organization was established in 1973. According to its NTEE Classification (A80) the organization is classified as: Historical Organizations, under the broad grouping of Arts, Culture & Humanities and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Historic Easton Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2022, Historic Easton Inc generated $169.2k in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 35.3% each year . All expenses for the organization totaled $216.7k during the year ending 12/2022. While expenses have increased by 26.9% per year over the past 8 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
PROGRAMS TO HELP RESTORE HISTORICAL BUILDINGS WITHIN THE TOWN OF EASTON AND TO ENCOURAGE THE LAND OWNERS TO PRESERVE ANY BUILDING THEY OWN TO ENABLE THE GENERAL PUBLIC TO OBSERVE THE PRESERVATION THAT HAS BEEN DONE TO DATE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
HISTORIC EASTON'S PRIMARY ACTIVITIES IN 2022 WERE: THE FINAL PHASE OF THE 10+ YEAR PROJECT FOR REHABILITATION OF ASBURY UNITED METHODIST CHURCH. THIS FINAL PHASE INVOLVED HEAVY CONSTRUCTION TO SHORE UP THE STEEPLE TOWER WITH UNDERGROUND PIERS. ENGINEERS ADVISING THE PROJECT DETERMINED THAT THE TOWER WAS LEANING AWAY FROM THE MAIN CHURCH STRUCTURE. MOST OF THE WORK WAS DONE BY DECEMBER 31, 2022. THIS PHASE COMPLETES THE PROJECT WITH AN ESTIMATED PUNCH LIST FINISH DATE OF APRIL 30, 2023.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Carlene Phoenix President | OfficerTrustee | 2 | $0 |
Yvonne Freeman Vice Preside | OfficerTrustee | 1 | $0 |
Angela Townsend-Williams Recording Se | OfficerTrustee | 1 | $0 |
Priscilla Sener Treasurer | OfficerTrustee | 2 | $0 |
Cynthia Cooper-Smothers Director | Trustee | 1 | $0 |
Kevin Bateman Director | Trustee | 1 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $180 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $153,691 |
All other contributions, gifts, grants, and similar amounts not included above | $15,312 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $169,183 |
Total Program Service Revenue | $0 |
Investment income | $21 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $0 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $169,204 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $0 |
Grants and other assistance to domestic individuals. | $0 |
Grants and other assistance to Foreign Orgs/Individuals | $0 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $0 |
Compensation of current officers, directors, key employees. | $0 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $0 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $0 |
Payroll taxes | $0 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $1,550 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $0 |
Advertising and promotion | $0 |
Office expenses | $232 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $0 |
Travel | $0 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $0 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $0 |
Insurance | $795 |
All other expenses | $0 |
Total functional expenses | $216,692 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $31,656 |
Savings and temporary cash investments | $546 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $0 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $0 |
Prepaid expenses and deferred charges | $0 |
Net Land, buildings, and equipment | $0 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $32,202 |
Accounts payable and accrued expenses | $0 |
Grants payable | $0 |
Deferred revenue | $0 |
Tax-exempt bond liabilities | $0 |
Escrow or custodial account liability | $0 |
Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
Secured mortgages and notes payable | $0 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $0 |
Total liabilities | $0 |
Net assets without donor restrictions | $32,202 |
Net assets with donor restrictions | $0 |
Capital stock or trust principal, or current funds | $0 |
Paid-in or capital surplus, or land, building, or equipment fund | $0 |
Retained earnings, endowment, accumulated income, or other funds | $0 |
Total liabilities and net assets/fund balances | $32,202 |