Civic Intelligence

Cambridge Valley Community Dvlpmt & Preservation Partnership Inc.

990 • Fiscal year 2018 • EIN 01-0633329

Jan 01, 2018 to Dec 31, 2018 • Filed on Aug 14, 2019

PO Box 72Cambridge, NY 12816

(518) 677-3555

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

69th percentile

0.28x

Higher debt load relative to assets than 69% of similar nonprofits.

2018 filings • NTEE S • $500k-$1M nonprofits • Source year 2018

Liabilities / Revenue

98th percentile

10.57x

Higher debt load relative to revenue than 98% of similar nonprofits.

2018 filings • NTEE S • $500k-$1M nonprofits • Source year 2018

Net Margin

5th percentile

-106%

Higher net margin than 5% of similar nonprofits.

2018 filings • NTEE S • $500k-$1M nonprofits • Source year 2018

Top Officer Pay

49th percentile

$0

Higher top officer pay than 49% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2018 filings • NTEE S • $500k-$1M nonprofits • Source year 2018

Asset Growth

32nd percentile

-3.2%

Faster asset growth than 32% of similar nonprofits.

2018 filings • NTEE S • $500k-$1M nonprofits • Annualized from 2017 to 2018

Revenue Growth

15th percentile

-26%

Faster revenue growth than 15% of similar nonprofits.

2018 filings • NTEE S • $500k-$1M nonprofits • Annualized from 2017 to 2018

Assets

Down

$540,524

Down $17,667 (-3.2%) from 2017

Net Assets

Down

$391,824

Down $14,911 (-3.7%) from 2017

Liabilities

Down

$148,700

Down $2,756 (-1.8%) from 2017

Revenue

Down

$14,068

Down $4,950 (-26%) from 2017

Expenses

Down

$28,979

Down $7,715 (-21%) from 2017

Net Income

Up

-$14,911

Up $2,765 (+16%) from 2017

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$1.0M$500K$0Assets 2010: $770,213Liabilities 2010: $154,318Net Assets 2010: $615,8952010Assets 2011: $768,261Liabilities 2011: $161,113Net Assets 2011: $607,1482011Assets 2012: $730,646Liabilities 2012: $161,266Net Assets 2012: $569,3802012Assets 2013: $678,560Liabilities 2013: $146,577Net Assets 2013: $531,9832013Assets 2014: $639,148Liabilities 2014: $148,000Net Assets 2014: $491,1482014Assets 2015: $608,475Liabilities 2015: $147,600Net Assets 2015: $460,8752015Assets 2016: $575,979Liabilities 2016: $151,568Net Assets 2016: $424,4112016Assets 2017: $558,191Liabilities 2017: $151,456Net Assets 2017: $406,7352017Assets 2018: $540,524Liabilities 2018: $148,700Net Assets 2018: $391,8242018Assets 2019: $532,732Liabilities 2019: $146,442Net Assets 2019: $386,2902019Assets 2020: $275,285Liabilities 2020: $1,500Net Assets 2020: $273,7852020Assets 2021: $406,475Liabilities 2021: $103,953Net Assets 2021: $302,5222021Assets 2022: $497,458Liabilities 2022: $106,669Net Assets 2022: $390,7892022Assets 2023: $703,040Liabilities 2023: $238,409Net Assets 2023: $464,6312023Assets 2024: $977,860Liabilities 2024: $440,256Net Assets 2024: $537,6042024

Highlighted filing

2018

Assets$540,524
Liabilities$148,700
Net Assets$391,824

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$300K$200K$100K$0-$100K-$200KExpenses 2010: $208,4282010Expenses 2011: $142,3462011Expenses 2012: $89,3252012Revenue 2013: $58,301Expenses 2013: $95,698Net Income 2013: -$37,3972013Revenue 2014: $15,245Expenses 2014: $56,080Net Income 2014: -$40,8352014Revenue 2015: $13,750Expenses 2015: $44,023Net Income 2015: -$30,2732015Revenue 2016: $7,514Expenses 2016: $43,978Net Income 2016: -$36,4642016Revenue 2017: $19,018Expenses 2017: $36,694Net Income 2017: -$17,6762017Revenue 2018: $14,068Expenses 2018: $28,979Net Income 2018: -$14,9112018Revenue 2019: $17,279Expenses 2019: $22,813Net Income 2019: -$5,5342019Revenue 2020: -$89,143Expenses 2020: $23,362Net Income 2020: -$112,5052020Revenue 2021: $58,116Expenses 2021: $29,379Net Income 2021: $28,7372021Revenue 2022: $99,598Expenses 2022: $11,331Net Income 2022: $88,2672022Revenue 2023: $103,900Expenses 2023: $11,290Net Income 2023: $92,6102023Revenue 2024: $80,132Expenses 2024: $7,512Net Income 2024: $72,6202024

Highlighted filing

2018

Revenue$14,068
Expenses$28,979
Net Income-$14,911
Jump To
Filing Snapshot
Filing Period
Jan 1, 2018 to Dec 31, 2018
Signed
Aug 14, 2019
Return Version
2018v3.1
Gross Receipts
$56,865
Mission and Program Overview

Mission

To preserve and promote cultural, recreational and youth development opportunities for the residents in and around Cambridge, New York through activities raising public awareness, sponsoring preservation projects, and acquiring and renovating property of local and regional significance, and to combat deterioration of the community through preservation and sound planning.

The organization's mission is the preserve and promote cultural, recreational, and youth development opportunities for the residents in and around Cambridge, NY through raising public awareness, sponsoring preservation projects, and acquiring an renovating propety of local and regional significance. Its most significant activity has been to acquire government grants for the purpose of restoring the area known as the Cambridge Freight Yard.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$542,643$509,636▼ $33,007
Cash and Non-Interest-Bearing Accounts$5,418$22,413▲ $16,995
Accounts Receivable$6,680$6,750▲ $70
Inventories for Sale or Use$3,450$1,725▼ $1,725
Total Assets$558,191$540,524▼ $17,667
Liabilities
Unsecured Notes Loans Payable$145,980$145,000▼ $980
Other Liabilities$3,700$3,700→ $0
Accounts Payable and Accrued Expenses$1,776--
Total Liabilities$151,456$148,700▼ $2,756
Net Assets / Fund Balance
Unrestricted Net Assets$405,423$390,512▼ $14,911
Temporarily Rstr Net Assets$1,312$1,312→ $0
Total Net Assets Fund Balance$406,735$391,824▼ $14,911
Total Liabilities and Net Assets / Fund Balance$558,191$540,524▼ $17,667

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$458,243$388,837$847,080
Land$38,187-$38,187
Other Land Buildings$3,214$25,698$28,912
Equipment$9,992$1,008$11,000
Compensation and Service Providers

Board Members and Trustees

NameTitle
Sarah AshtonPresident
Philip BellVice President
Benjie WhiteTrustee
Brian GilchristTrustee
David SniderTrustee
Jeff GoldstoneTrustee
Naomi MarshTrustee
Sara KellyTrustee
Dede NashSecretary
Alan WrigleyTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$15,340
Program Service Revenue
$3,600
Investment Income
$0
Other Revenue
$-4,872
All Other Contributions
$15,340
Change in Net Assets
$-14,911

Audited Revenue Reconciliation

Revenue per Audited Statements
$56,865
Revenue Not Reported on Financial Statements
$-42,797
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$56,865
Total Revenue per Form 990
$14,068
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$28,117
Grants and Similar Amounts Paid$862
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Depreciation Depletion$24,571--$24,571
Fees for Services Accounting-$1,415-$1,415
Grants to Domestic Orgs$862--$862
Fees for Services Other-$140-$140
Office Expenses$74--$74
Other Expenses$50$125-$50
Total Functional Expenses$27,299$1,680$0$28,979

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$71,776
Total Expenses per Audited Statements$71,776
Total Expenses per Form 990$28,979
Expenses Not Reported on Form 990$0
Expenses Not Reported on Financial Statements$-42,797
Other Expense Adjustments$-42,797
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Security Deposits on Rental Property$3,700
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section B, line 11B

A copy was provided and was reviewed by the president and treasurer.

Form 990, Part VI, Section B, line 12C

The organization has a "Basic Conflict of Interest Disclosure Form" which board members use to disclose any potential conflicts. If it is determined by the board that a confict exists, then the affected board member is not permitted to participate in relevant discussions or vote on an issue relative to the conflict.

Form 990, Part VI, Section C, line 19

The organization provides this information upon request.

Filing and Contact Details

Filer

Filer Name
Cambridge Valley Community Development
EIN
01-0633329
Phone
5186773555
Address
PO Box 72, Cambridge, NY 12816

Signing Officer

Name
Sarah Ashton
Title
President
Phone
5186773555
Signed
2019-08-14
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Sarah Ashton
Formed
2001
Legal Domicile
Ny
Voting Board Members
10
Independent Board Members
10
Employees
0
Volunteers
0

Preparer

Firm
Judith L Klingebiel CPA
Address
128 Main Street, Greenwich, NY 12834
Preparer
Judith L Klingebiel CPA
Phone
5186922267
Supplemental Narrative

Additional Explanations

Form 990, Part XII, Line 2C:

The board of directors oversees the audit and reporting process.

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IRS990ScheduleA/PublicSupportPY170Pct00.53400
IRS990ScheduleA/PublicSupportTotal170Amt085184
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt015340
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt016045
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt019240
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt017499
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt017060
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt085184
IRS990ScheduleA/TotalSupportAmt0215559
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/BuildingsGrp/BookValueAmt0458243
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0388837
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt0847080
IRS990ScheduleD/EquipmentGrp/BookValueAmt09992
IRS990ScheduleD/EquipmentGrp/DepreciationAmt01008
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt011000
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt0-42797
IRS990ScheduleD/ExpensesSubtotalAmt071776
IRS990ScheduleD/InvestmentExpensesNotIncldAmt0-42797
IRS990ScheduleD/LandGrp/BookValueAmt038187
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt038187
IRS990ScheduleD/OtherExpensesNotIncludedAmt0-42797
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt03214
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt025698
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt028912
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt03700
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0Security Deposits on Rental Property
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt0-42797
IRS990ScheduleD/RevenueSubtotalAmt056865
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0509636
IRS990ScheduleD/TotalExpensesPerForm990Amt028979
IRS990ScheduleD/TotalLiabilityAmt03700
IRS990ScheduleD/TotalRevenuePerForm990Amt014068
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt056865
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt071776
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0A copy was provided and was reviewed by the president and treasurer.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1The organization has a "Basic Conflict of Interest Disclosure Form" which board members use to disclose any potential conflicts. If it is determined by the board that a confict exists, then the affected board member is not permitted to participate in relevant discussions or vote on an issue relative to the conflict.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2The organization provides this information upon request.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3The board of directors oversees the audit and reporting process.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Section B, line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Section B, line 12c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Section C, line 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Part XII, Line 2c:
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0NY
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TemporarilyRstrNetAssetsGrp/BOYAmt01312
IRS990/TemporarilyRstrNetAssetsGrp/EOYAmt01312
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt0558191
IRS990/TotalAssetsEOYAmt0540524
IRS990/TotalAssetsGrp/BOYAmt0558191
IRS990/TotalAssetsGrp/EOYAmt0540524
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt015340
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt01680
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt027299
IRS990/TotalFunctionalExpensesGrp/TotalAmt028979
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0151456
IRS990/TotalLiabilitiesEOYAmt0148700
IRS990/TotalLiabilitiesGrp/BOYAmt0151456
IRS990/TotalLiabilitiesGrp/EOYAmt0148700
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0406735
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0391824
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt027299
IRS990/TotalProgramServiceRevenueAmt03600
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt00
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0-1272
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt014068
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0558191
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0540524
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UnrestrictedNetAssetsGrp/BOYAmt0405423
IRS990/UnrestrictedNetAssetsGrp/EOYAmt0390512
IRS990/UnsecuredNotesLoansPayableGrp/BOYAmt0145980
IRS990/UnsecuredNotesLoansPayableGrp/EOYAmt0145000
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0482 Ashgrove Road
IRS990/USAddress/CityNm0Cambridge
IRS990/USAddress/StateAbbreviationCd0NY
IRS990/USAddress/ZIPCd012816
IRS990/VotingMembersGoverningBodyCnt010
IRS990/VotingMembersIndependentCnt010
IRS990/WebsiteAddressTxt0N/A
IRS990/WhistleblowerPolicyInd00
ReturnHeader/BuildTS02019-02-21 02:37:17Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0Sarah Ashton
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0President
ReturnHeader/BusinessOfficerGrp/PhoneNum05186773555
ReturnHeader/BusinessOfficerGrp/SignatureDt02019-08-14
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0Cambridge Valley Community Development
ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt0Preservation Partnership Inc
ReturnHeader/Filer/BusinessNameControlTxt0CAMB
ReturnHeader/Filer/EIN0010633329
ReturnHeader/Filer/PhoneNum05186773555
ReturnHeader/Filer/USAddress/AddressLine1Txt0PO Box 72
ReturnHeader/Filer/USAddress/CityNm0Cambridge
ReturnHeader/Filer/USAddress/StateAbbreviationCd0NY
ReturnHeader/Filer/USAddress/ZIPCd012816
ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId02C2607ACBC54B81AB4C399FDB228842D0BD1363A
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId02C2607ACBC54B81AB4C399FDB228842D0BD1363A
ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt066.67.99.187
ReturnHeader/FilingSecurityInformation/IPDt02019-08-14
ReturnHeader/FilingSecurityInformation/IPTimezoneCd0ED
ReturnHeader/FilingSecurityInformation/IPTm014:53:14
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0141606619
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0Judith L Klingebiel CPA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0128 Main Street
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Greenwich
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0NY
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd012834
ReturnHeader/PreparerPersonGrp/PhoneNum05186922267

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$9.78$4.40$5.38$0.80$0.08$0.73
2023Detailed filing. Detailed filing data is available for this year.$7.03$2.38$4.65$1.04$0.11$0.93
2022Detailed filing. Detailed filing data is available for this year.$4.97$1.07$3.91$1.00$0.11$0.88
2021Detailed filing. Detailed filing data is available for this year.$4.06$1.04$3.03$0.58$0.29$0.29
2020Detailed filing. Detailed filing data is available for this year.$2.75$0.02$2.74$0.89$0.23$1.13
2019Detailed filing. Detailed filing data is available for this year.$5.33$1.46$3.86$0.17$0.23$0.06
2018Detailed filing. Detailed filing data is available for this year.$5.41$1.49$3.92$0.14$0.29$0.15
2017Detailed filing. Detailed filing data is available for this year.$5.58$1.51$4.07$0.19$0.37$0.18
2016Detailed filing. Detailed filing data is available for this year.$5.76$1.52$4.24$0.08$0.44$0.36
2015Detailed filing. Detailed filing data is available for this year.$6.08$1.48$4.61$0.14$0.44$0.30
2014Detailed filing. Detailed filing data is available for this year.$6.39$1.48$4.91$0.15$0.56$0.41
2013Detailed filing. Detailed filing data is available for this year.$6.79$1.47$5.32$0.58$0.96$0.37
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$7.31$1.61$5.69$0.89
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$7.68$1.61$6.07$1.42
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$7.70$1.54$6.16$2.08