Heritage Preservation Trust Inc
- Assets
- $13.1m
- Revenue
- $3.3m
- Investments
- $4.7m
- Employees
- 4
- Location
- Edgefield, SC
- Founding
- 07/2017
- Data as of
- 12/2021
- EIN
- 81-5237557
Organization Overview
Heritage Preservation Trust Inc is located in Edgefield, SC. The organization was established in 2017. According to its NTEE Classification (C35) the organization is classified as: Energy Resources Conservation & Development, under the broad grouping of Environment and related organizations. As of 12/2021, Heritage Preservation Trust Inc employed 4 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Heritage Preservation Trust 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 12/2021, Heritage Preservation Trust Inc generated $3.3m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (11.4%) each year. All expenses for the organization totaled $1.0m during the year ending 12/2021. 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO PRESERVE AND PROTECT NATURAL AND HISTORICAL RESOURCES INCLUDING BUILDINGS, LAND, WATER, WETLANDS, FARMLAND, AND OPEN SPACES AND THE PLANT AND ANIMAL ECOSYSTEMS THEREIN FOR THE BENEFIT OF PRESENT AND FUTURE GENERATIONS AND TO EDUCATE THE GENERAL PUBLIC REGARDING THE CONSERVATION AND PROTECTION OF NATURAL, HISTORIC AND OPEN SPACE RESOURCES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE ORGANIZATION WAS FOUNDED EXCLUSIVELY TO PRESERVE AND PROTECT NATURAL AND HISTORICAL RESOURCES FOR THE BENEFIT OF PRESENT AND FUTURE GENERATIONS. THE ORGANIZATION ALSO EDUCATES THE GENERAL PUBLIC REGARDING THE CONSERVATION AND PROTECTION OF NATURAL, HISTORIC AND OPEN SPACE RESOURCES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
George C Thornton Chairman | OfficerTrustee | 40 | $229,576 |
William D Saunders CEO | OfficerTrustee | 40 | $218,284 |
Jennifer Sumner Treasurer | Trustee | 1 | $0 |
Marvin N Davant Board Member | Trustee | 1 | $0 |
N Fulton Breen Board Member | Trustee | 1 | $0 |
M Collins Mcneill IV Board Member | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $49,700 |
| All other contributions, gifts, grants, and similar amounts not included above | $2,686,590 |
| Noncash contributions included in lines 1a–1f | $1,212,900 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,736,290 |
| Total Program Service Revenue | $223,749 |
| Investment income | $331,533 |
| 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 | $3,291,572 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $10,000 |
| 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. | $447,860 |
| Compensation of current officers, directors, key employees. | $89,572 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $156,439 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $35,888 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| 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 | $10,462 |
| Information technology | $140 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $14,478 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $669 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $6,409 |
| Insurance | $11,373 |
| All other expenses | $7,666 |
| Total functional expenses | $1,014,222 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,499,879 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $138,700 |
| 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 | $6,702,883 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $4,716,422 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $13,057,884 |
| Accounts payable and accrued expenses | $12,709 |
| 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 | $128,912 |
| Total liabilities | $141,621 |
| Net assets without donor restrictions | $12,916,263 |
| 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 | $13,057,884 |
Grants Awarded
Over the last fiscal year, Heritage Preservation Trust Inc has awarded $20,000 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
Orangeburg, SC PURPOSE: TO PROMOTE CONSERVATION AWARENESS | $10,000 |
PATRIOTS FOUR PURPOSE: TO ASSIST WITH PROVIDING WOUNDED VETERANS OUTDOOR EXPERIENCES AS PART OF THE HEALING PROCESS | $10,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Southface Energy Institute Inc Atlanta, GA | $9,241,956 | $6,315,697 |
Southeast Energy Efficiencyalliance Inc Atlanta, GA | $2,282,467 | $3,474,568 |
Mzc Foundation Inc Atlanta, GA | $780,857 | $1,908,335 |
Greenlink Analytics Inc Atlanta, GA | $1,968,974 | $2,188,127 |
Nc Greenpower Corporation Non Profit Raleigh, NC | $3,961,735 | $905,963 |
Heritage Preservation Trust Inc Edgefield, SC | $13,057,884 | $3,291,572 |
The Center For Energy Education Roanoke Rapids, NC | $576,493 | $957,048 |
Green Built Alliance Asheville, NC | $631,884 | $985,675 |
Kula Project Inc Marietta, GA | $444,774 | $916,217 |
Smart Grid Consumer Collaborative Atlanta, GA | $633,689 | $808,855 |
Southeastern Wind Coalition Inc Raleigh, NC | $649,305 | $438,690 |
Carolina Land & Lakes Rc-D Inc Lenoir, NC | $2,175,939 | $2,341,641 |