Preservation Trust Inc in Southborough, Massachusetts (MA)
Table of contents:
- Overview
- Detailed Reports
- Analysis of Revenue and Expenses
- Balance Sheets
- Capital Gains and Losses for Tax on Investment Income
- Excise Tax Based on Investment Income
- Statements Regarding Activities
- Statements Regarding Activities for Which Form 4720 May Be Required
- Minimum Investment Return
- Distributable Amount
- Undistributed Income
- Private Operating Foundations
- Organizations performing similar types of work
| Preservation Trust Inc | |
| Employer Identification Number (EIN) | 043495397 |
| Name of Organization | Preservation Trust Inc |
| Address | 259 Turnpike Road Suite 100, Southborough, MA 01772-1706 |
| Subsection | Charitable Organization |
| Ruling Date | 05/2000 |
| Deductibility | Contributions are deductible |
| Foundation | Private non-operating foundation |
| Organization | Corporation |
| Exempt Organization Status | Unconditional Exemption |
| Tax Period | 12/2013 |
| Assets | $1,000,000 to $4,999,999 |
| Income | $1 to $9,999 |
| Filing Requirement | 990 - Not required to file (all other) |
| Asset Amount | $1,650,323 |
| Amount of Income | $1,000 |
| Form 990 Revenue Amount | $1 |
| National Taxonomy of Exempt Entities (NTEE) | Environmental Quality, Protection and Beautification: Land Resources Conservation |
Non-representatives - add comments:
Amount of income in 2013: $1,000 (it was $1 in 2012)
| This organization: | $1,000 |
| Other organizations performing similar types of work: | $448,416 |
Assets in 2013: $1,650,323 (it was $1,650,249 in 2012)
| This organization: | $1,650,323 |
| Other organizations performing similar types of work: | $2,916,339 |
Expenses in 2012: $1,048
| Preservation Trust Inc: | $1,048 |
| Other organizations performing similar types of work: | $223,217 |
Income to expenses ratio in 2012: 1.0
| Preservation Trust Inc: | 1.0 |
| Other organizations performing similar types of work: | 1.6 |
Grants share in income in 2012: 0.0%
| This organization: | 0.0% |
| Other organizations performing similar types of work: | 88.9% |
Assets for 2012
| Analysis of Revenue and Expenses (for 2012) | ||||
| Revenue and expenses per books | Net investment income | Adjusted net income | Disbursements for charitable purposes (cash basis only) | |
|---|---|---|---|---|
| Total revenue | $1 | $0 | $0 | |
| Contributions, gifts, grants, etc., received | $0 | |||
| Interest on savings and temporary cash investments | $0 | |||
| Dividends and interest from securities | $0 | |||
| Gross rents | $0 | |||
| Gross profit from sales of goods | $0 | |||
| Other income | $0 | |||
| Other | $1 | |||
| Total expenses and disbursements | $1,048 | $0 | $0 | $0 |
| Compensation of officers, directors, trustees, etc. | $0 | |||
| Total operating and administrative expenses | $1,048 | $0 | $0 | |
| Contributions, gifts, grants paid | $0 | |||
| Excess of revenue over expenses and disbursements | $-1,048 | |||
| Net investment income | $0 | |||
| Adjusted net income | $0 | |||
| Balance Sheets (for 2012) | ||
| Book Value | Fair Market Value | |
|---|---|---|
| Total assets | $1,650,249 | $1,650,249 |
| Cash - non-interest-bearing | $49 | |
| Investments-U.S. and state government obligations | $0 | |
| Investments-corporate stock | $0 | |
| Investments-corporate bonds | $0 | |
| Investments-mortgage loans | $0 | |
| Investments-other | $0 | |
| Other | $1,650,200 | |
| Total liabilities | $1 | |
| Mortgages and other notes payable | $0 | |
| Other | $1 | |
| Total liabilities and net assets/fund balances | $1,650,249 | |
| Capital Gains and Losses for Tax on Investment Income (for 2012) | |
| Capital gain net income | $0 |
| Net capital loss | $0 |
| Excise Tax Based on Investment Income (for 2012) | |
| Domestic foundations that meet the section 4940(e) requirements (for Reduced Tax on Net Investment Income) | No |
| Tax based on investment income | $0 |
| Total credits and payments | $0 |
| Any penalty for underpayment of estimated tax | $0 |
| Tax due | $0 |
| Overpayment | $0 |
| Amount to be credited to 2013 estimated tax | $0 |
| Statements Regarding Activities (for 2012) | |
| During the tax year, did the foundation attempt to influence any national, state, or local legislation or did it participate or intervene in any political campaign? | No |
| Was there a liquidation, termination, dissolution, or substantial contraction during the year? | No |
| Is the foundation claiming status as a private operating foundation within the meaning of section 4942(j)(3) or 4942(j)(5) for calendar year 2012 or the taxable year beginning in 2012? | Yes |
| Statements Regarding Activities for Which Form 4720 May Be Required (for 2012) | |
| During the year did the foundation (either directly or indirectly): | |
| Engage in the sale or exchange, or leasing of property with a disqualified person? | No |
| Borrow money from, lend money to, or otherwise extend credit to (or accept it from) a disqualified person? | No |
| Furnish goods, services, or facilities to (or accept them from) a disqualified person? | No |
| Pay compensation to, or pay or reimburse the expenses of, a disqualified person? | No |
| Transfer any income or assets to a disqualified person (or make any of either available for the benefit or use of a disqualified person)? | No |
| Agree to pay money or property to a government official? | No |
| At the end of tax year 2012, did the foundation have any undistributed income for tax year(s) beginning before 2012? | No |
| Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at any time during the year? | No |
| Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes? | No |
| During the year did the foundation pay or incur any amount to: | |
| Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))? | No |
| Influence the outcome of any specific public election (see section 4955); or to carry on, directly or indirectly, any voter registration drive? | No |
| Provide a grant to an individual for travel, study, or other similar purposes? | No |
| Provide a grant to an organization other than a charitable, etc., organization described in section 509(a)(1), (2), or (3), or section 4940(d)(2)? | No |
| Provide for any purpose other than religious, charitable, scientific, literary, or educational purposes, or for the prevention of cruelty to children or animals? | No |
| Minimum Investment Return (for 2012) | |
| Fair market value of assets not used (or held for use) directly in carrying out charitable, etc., purposes | $573 |
| Net value of noncharitable-use assets | $560 |
| Minimum investment return | $28 |
| Distributable Amount (for 2012) | |
| Distributable amount | $0 |
| Undistributed Income (for 2012) | |
| Distributable amount for 2012 | $0 |
| Undistributed income for 2012. This amount must be distributed in 2013 | $0 |
| Private Operating Foundations (for 2012) | |||||
| 2012 | 2011 | 2010 | 2009 | Total | |
|---|---|---|---|---|---|
| The lesser of the adjusted net income or the minimum investment return | $0 | $0 | $0 | $0 | $0 |
| Qualifying distributions made directly for active conduct of exempt activities | $0 | $0 | $0 | $0 | $0 |
| Value of all assets | $0 | $0 | $0 | $1,656,630 | $1,656,630 |
| Value of assets qualifying under section 4942(j)(3)(B)(i) | $0 | $0 | $0 | $1,656,630 | $1,656,630 |
| 2/3 of minimum investment return | $0 | $0 | $0 | $0 | $0 |
| Total support other than gross investment income (interest, dividends, rents, payments on securities loans (section 512(a)(5)), or royalties) | $0 | $0 | $0 | $0 | $0 |
| Support from general public and 5 or more exempt organizations as provided in section 4942(j)(3)(B)(iii) | $0 | $0 | $0 | $0 | $0 |
| Gross investment income | $0 | $0 | $0 | $0 | $0 |
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| Organizations performing similar types of work | |||||
| Id | Name | Address | State | Established | Total Income |
|---|---|---|---|---|---|
| 1 | Trustees Of Reservations | 572 Essex St, Beverly, MA 01915-1530 | MA | 1935-01 | $91,737,598 |
| 2 | Nantucket Land Council Inc | PO BOX 502, Nantucket, MA 02554-0502 | MA | 1976-03 | $8,254,160 |
| 3 | Sconset Trust Inc | PO BOX 821, Siasconset, MA 02564-0821 | MA | 1985-03 | $3,112,341 |
| 4 | Massachusetts Land Conservation Trust Inc | 572 Essex St, Beverly, MA 01915-1530 | MA | 1993-03 | $2,657,260 |
| 5 | Vineyard Conservation Society Inc | PO BOX 2189, Vineyard Hvn, MA 02568-0917 | MA | 1968-12 | $2,363,998 |
| 6 | Sheffield Land Trust Inc | PO BOX 940, Sheffield, MA 01257-0940 | MA | 1994-04 | $2,154,178 |
| 7 | The 300 Committee Inc | 157 Locust Street, Falmouth, MA 02540-2694 | MA | 1986-05 | $929,605 |
| 8 | Williamstown Rural Land Foundation Inc | 671 Cold Spring Rd, Williamstown, MA 01267-2725 | MA | 1987-05 | $527,454 |
| 9 | Wellfleet Conservation Trust | PO BOX 84, Wellfleet, MA 02667-0084 | MA | 1986-04 | $409,995 |
| 10 | Seekonk Land Conservation Trust | PO BOX 383, Seekonk, MA 02771-0383 | MA | 1969-12 | $284,103 |
| 11 | Westwood Land Trust Inc | PO BOX 2616, Westwood, MA 02090-7616 | MA | 1999-10 | $108,246 |
| 12 | Westwood Preservation Society Inc | PO BOX 134, Westwood, MA 02090-0134 | MA | 2000-03 | $84,323 |
| 13 | Truro Conservation Trust | PO BOX 327, North Truro, MA 02652-0327 | MA | 1981-05 | $78,350 |
| 14 | Chelmsford Land Conservation Trust Inc | Po Box 216, Chelmsford, MA 01824 | MA | 1989-07 | $27,455 |
| 15 | Stockbridge Land Trust Inc | PO BOX 1063, Stockbridge, MA 01262-1063 | MA | 1989-06 | $17,021 |
| 16 | Winding River Land Conservancy Inc | PO BOX 1836, Westfield, MA 01086-1836 | MA | 2000-02 | $12,540 |
| 17 | Preservation Trust Inc | 259 Turnpike Road Suite 100, Southborough, MA 01772-1706 | MA | 2000-05 | $1,000 |
| 18 | Dedham Land Trust Inc | 10 Glenridge Road, Dedham, MA 02026 | MA | 1990-05 | $0 |
| 19 | Lancaster Land Trust Inc | 311 Neck Road, Lancaster, MA 01523 | MA | 1998-10 | $0 |
| 20 | Reading Open Land Trust Inc Co Henry W Fienemann | Po Box 15, Reading, MA 01867 | MA | 1980-02 | $0 |
| Number of organizations performing similar types of work | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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