Founded in 1979, Historic Takoma is an all- volunteer, membership-based, non-profit organization whose mission includes: improving the quality of life in the Takoma Park, MD, and DC, community through educating residents and the public about the value of historic preservation; preserving the architecture and physical environment of the Takoma Park community; working with the community to revitalize business areas; procuring and preserving artifacts and archival materials relating to the history of Takoma Park, establishing and maintaining historic structures and exhibits, and holding meetings, tours, and other events for instruction and information of members and the public.
Major, ongoing HTI programs include: (1) The Annual House and Garden Tour of older homes in the Takoma-DC and Takoma Park-MD historic districts to highlight local history, successful residential historic preservation, and to encourage future preservation efforts; (2) Care of the historic Thomas Siegler Carriage House and Garden for educational programs and community use (some 30,000 residents); (3) HTI Archives with its online catalog and storage of historic materials and objects from Takoma-DC and Takoma Park, MD; (4) Public testimony before local commissions, and governmental bodies regarding issues pertaining to preservation of quality of life in the Takoma Park DC and MD communities (5) Quarterly publication of Historic Takoma Newsletter about community activities related to historic preservation, and to inform Takoma residents about local history; (6) Local history tours for grade and high school students; (7) Special emphasis on participation in HTI activities from Takoma-DC residents.
In 1999, Montgomery Preservation, Inc. honored HTI with a special award for 20 years of distinguished service to the community in historic preservation. An all-volunteer organization, HTI occupies a prominent role in guiding preservation of the community's physical and social environment as well as its history. Takoma Park straddles the District of Columbia - Maryland boundary but serves all Takoma.
HTI encourages preservation of Takoma Park DC and MD's unique historic heritage, architecture, and physical environment through conservation, education, and civic leadership.
| Revenue | |
|---|---|
| Contributions | $0 |
| Government Grants | $0 |
| Program Services | $0 |
| Investments | $0 |
| Special Events | $0 |
| Sales | $0 |
| Other | $0 |
| Total Revenue | $4,020 |
| Expenses | |
| Program Services | $23,814 |
| Administration | $6,010 |
| Other | $0 |
| Total Expenditures | $29,824 |
| Net Gain/Loss | $0 |
Note: The balance sheet gives a snapshot of the financial health of an organization at a particular point in time. An organization's total assets should generally exceed its total liabilities, or it cannot long survive, but the types of assets and liabilities also must be considered. For instance, an organization's current assets (cash, receivables, securities, etc.) should be sufficient to cover its current liabilities (payables, deferred revenue, current year loan and note payments). Otherwise, the organization may face solvency problems. On the other hand, an organization whose cash and equivalents greatly exceed its current liabilities might not be putting its money to best use.
| January 1, 2007 | December 31, 2007 | Change | |
|---|---|---|---|
| Assets | |||
| Cash & Equivalent | $65,907 | $51,542 | ($14,365) |
| Accounts Receivable | $0 | $0 | $0 |
| Pledges & Grants Receivable | $0 | $0 | $0 |
| Receivables/Other | $0 | $0 | $0 |
| Inventories for Sale or Use | $0 | $0 | $0 |
| Investments/Securities | $0 | $0 | $0 |
| Investments/Other | $0 | $0 | $0 |
| Fixed Assets | $442,787 | $431,348 | ($11,439) |
| Other | $0 | $0 | $0 |
| Total Assets | $0 | $556,727 | $556,727 |
| Liabilities | |||
| Accounts Payable | $0 | $0 | $0 |
| Grants Payable | $0 | $0 | $0 |
| Deferred Revenue | $0 | $0 | $0 |
| Loans and Notes | $0 | $0 | $0 |
| Tax-Exempt Bond Liabilities | $0 | $0 | $0 |
| Other | $0 | $0 | $0 |
| Total Liabilities | $0 | $0 | $0 |
| Fund Balance | $0 | $0 | $0 |
Form 990-EZ for all years required are on file with the IRS.
52-1146960
Ms. Sabrina Baron
Ms. Sabrina Baron, President
(301) 270-2831
December 31, 2007
$556,727 (from Dec 31, 2007 Form 990)
$4,020 (from Dec 31, 2007 Form 990)
1979
1981
13
0
0
21-100
This organization is seeking funds from contributions and grants. These funds will be used for unrestricted operating expenses, special projects and building improvements.
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