Civic Intelligence

Chosen Vale Inc.

990 • Fiscal year 2019 • EIN 02-0427596

Oct 01, 2018 to Sep 30, 2019 • Filed on Aug 17, 2020

447 NH Route 4AEnfield, NH 03748

(603) 632-4346

Siviq Scores

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

Liabilities / Assets

39th percentile

0.03x

Higher debt load relative to assets than 39% of similar nonprofits.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2019

Liabilities / Revenue

57th percentile

0.12x

Higher debt load relative to revenue than 57% of similar nonprofits.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2019

Net Margin

79th percentile

22%

Higher net margin than 79% of similar nonprofits.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2019

Top Officer Pay

45th percentile

$49,615

Higher top officer pay than 45% of similar nonprofits.

Top officer pay equals 6.0% of source-year revenue.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2019

Asset Growth

64th percentile

8.4%

Faster asset growth than 64% of similar nonprofits.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2018 to 2019

Revenue Growth

82nd percentile

32%

Faster revenue growth than 82% of similar nonprofits.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2018 to 2019

Assets

Up

$2,959,244

Up $230,083 (+8.4%) from 2018

Net Assets

Up

$2,856,599

Up $180,918 (+6.8%) from 2018

Liabilities

Up

$102,645

Up $49,165 (+92%) from 2018

Revenue

Up

$822,155

Up $201,074 (+32%) from 2018

Expenses

Up

$643,096

Up $175,646 (+38%) from 2018

Net Income

Up

$179,059

Up $25,428 (+17%) from 2018

Historical Trend

Balance Sheet Trend

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

$8.0M$6.0M$4.0M$2.0M$0Assets 2011: $1,379,731Liabilities 2011: $67,868Net Assets 2011: $1,311,8632011Assets 2012: $1,378,811Liabilities 2012: $26,443Net Assets 2012: $1,352,3682012Assets 2013: $1,476,443Liabilities 2013: $36,764Net Assets 2013: $1,439,6792013Assets 2014: $1,804,450Liabilities 2014: $124,182Net Assets 2014: $1,680,2682014Assets 2015: $2,239,851Liabilities 2015: $105,694Net Assets 2015: $2,134,1572015Assets 2016: $2,463,053Liabilities 2016: $95,682Net Assets 2016: $2,367,3712016Assets 2017: $2,619,797Liabilities 2017: $95,965Net Assets 2017: $2,523,8322017Assets 2018: $2,729,161Liabilities 2018: $53,480Net Assets 2018: $2,675,6812018Assets 2019: $2,959,244Liabilities 2019: $102,645Net Assets 2019: $2,856,5992019Assets 2020: $3,104,548Liabilities 2020: $126,135Net Assets 2020: $2,978,4132020Assets 2021: $3,466,183Liabilities 2021: $18,848Net Assets 2021: $3,447,3352021Assets 2022: $3,720,059Liabilities 2022: $42,755Net Assets 2022: $3,677,3042022Assets 2023: $5,721,758Liabilities 2023: $27,647Net Assets 2023: $5,694,1112023Assets 2024: $6,333,663Liabilities 2024: $61,323Net Assets 2024: $6,272,3402024

Highlighted filing

2019

Assets$2,959,244
Liabilities$102,645
Net Assets$2,856,599

Operations Trend

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

$3.0M$2.0M$1.0M$0Expenses 2011: $421,7422011Expenses 2012: $323,5732012Revenue 2013: $448,408Expenses 2013: $364,929Net Income 2013: $83,4792013Revenue 2014: $660,504Expenses 2014: $419,416Net Income 2014: $241,0882014Revenue 2015: $838,505Expenses 2015: $397,306Net Income 2015: $441,1992015Revenue 2016: $662,244Expenses 2016: $358,786Net Income 2016: $303,4582016Revenue 2017: $636,664Expenses 2017: $480,204Net Income 2017: $156,4602017Revenue 2018: $621,081Expenses 2018: $467,450Net Income 2018: $153,6312018Revenue 2019: $822,155Expenses 2019: $643,096Net Income 2019: $179,0592019Revenue 2020: $666,085Expenses 2020: $542,682Net Income 2020: $123,4032020Revenue 2021: $1,051,971Expenses 2021: $583,049Net Income 2021: $468,9222021Revenue 2022: $843,310Expenses 2022: $613,341Net Income 2022: $229,9692022Revenue 2023: $2,668,307Expenses 2023: $651,500Net Income 2023: $2,016,8072023Revenue 2024: $1,415,955Expenses 2024: $837,732Net Income 2024: $578,2232024

Highlighted filing

2019

Revenue$822,155
Expenses$643,096
Net Income$179,059
Jump To
Filing Snapshot
Filing Period
Oct 1, 2018 to Sep 30, 2019
Signed
Aug 17, 2020
Return Version
2018v3.2
Gross Receipts
$857,886
Mission and Program Overview

Mission

The mission of the Enfield Shaker Museum, an educational institution, is to preserve and share its historical structures, landscape, and Shaker cultural heritage with our multi-generational visitors, members, and the global community.

Chosen Vale, Inc. d/b/a Enfield Shaker Museum is a nonprofit membership organization dedicated to interpreting and preserving the history of the Enfield, NH, Shaker community. Since opening in 1986, the Museum, comprising nine original buildings and two cemeteries and utilizing 5200 acres of adjacent conservation land, has continued to innovate, develop, and offer educational exhibitions and programs designed to invite active participation in learning about the extraordinary people who once lived and worked here and learning about how to apply the Shakers' legacy to contemporary life. Since its founding, the Museum has provided year-round educational opportunities for lifelong learning. Self-guided and interpreter-led tours provide visitors with a rich overview of the Shakers' daily lives through the exploration of the historic built environment and changing topical exhibitions.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$2,655,001$2,893,449▲ $238,448
Rtn Earn Endowment Incm Other Fnds$0$180,918▲ $180,918
Savings and Temporary Cash Investments$51,459$33,750▼ $17,709
Inventories for Sale or Use$11,163$11,764▲ $601
Cash and Non-Interest-Bearing Accounts$6,767$10,295▲ $3,528
Prepaid Expenses and Deferred Charges$4,110$5,066▲ $956
Accounts Receivable$661$4,920▲ $4,259
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Cap Stk Tr Prin Current Funds$0$0→ $0
Total Assets$2,729,161$2,959,244▲ $230,083
Liabilities
Accounts Payable and Accrued Expenses$22,741$48,328▲ $25,587
Unsecured Notes Loans Payable$4,313$27,983▲ $23,670
Other Liabilities$15,030$26,334▲ $11,304
Deferred Revenue$11,396--
Total Liabilities$53,480$102,645▲ $49,165
Net Assets / Fund Balance
Total Net Assets Fund Balance$2,675,681$2,856,599▲ $180,918
Total Liabilities and Net Assets / Fund Balance$2,729,161$2,959,244▲ $230,083

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$2,250,876$892,967$3,143,843
Other Land Buildings$362,633$30,219$392,852
Land$265,580-$265,580
Equipment$14,360$37,431$51,791
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Shirley WajdaInterim Executive DirectorFT$49,615$49,615

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$471,245
Program Service Revenue
$290,130
Investment Income
$33
Other Revenue
$60,747
All Other Contributions
$441,182
Change in Net Assets
$179,059

Noncash Contribution Practices

Property subject to holding requirements
No
Reviewed unusual noncash gifts
Yes
Third parties used for noncash contributions
No
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$332,645
Salaries, Compensation, and Employee Benefits$310,451
Total Fundraising Expense$58,806
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$165,425$37,452$36,177$239,054
Depreciation Depletion$113,905$2,323-$116,228
Occupancy$51,223$20,911-$72,134
Comp Disqual Persons$19,848$14,884$14,884$49,616
Advertising$25,931--$25,931
Insurance$18,095$4,523-$22,618
Payroll Taxes$14,333$3,773$3,675$21,781
Office Expenses$4,521$3,852$2,185$10,558
Fees for Services Accounting-$7,838-$7,838
Fees for Services Other-$5,767-$5,767
Other Expenses$2,572$1,029$1,545$5,146
Travel$568$228$340$1,136
Interest-$526-$526
Total Functional Expenses$481,184$103,106$58,806$643,096
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$25,513
Fundraising Direct Expenses$4,753
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Fall Gala$13,547$13,547$200$13,347
Cider Fest$9,417$9,417$1,037$8,380
Total Events$25,513$25,513$4,752$20,761
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$18,445
Payroll Taxes$5,948
Rooms and Meals Tax Payable$1,941
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
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 A, line 6

The organiation's members support the museum in many ways. They are a diverse group of people who share one common goal: To preserve the legacy of the Enfield, NH Shaker community. Membership support allows the organization to preserve the buildings it owns. To work for the future protection of the buildings on site. And to provide engaging,educational programs and workshops to the visiting public.

Form 990, Part VI, Section A, line 7A

Membership provides a vote in the governance of the organization at the annual meeting.

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

Form 990 is reviewed by the Board President and Treasurer as well as the Exective Director Prior to filing the other board members are given the opportunity to review the filing if desired.

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

Conflict of interest forms are reviewed and signed by each board member at the December Board Meeting

Form 990, Part VI, Section C, line 19

Chosen Vale, Inc. d/b/a Enfield Shaker Museum governance documents, conflict of interest policy statement, and financial reports are available to the public upon request. The Museum's Federal Form 990 is available at guidestar.com and propublica.com.

Filing and Contact Details

Filer

Filer Name
Chosen Vale Inc
EIN
02-0427596
Phone
6036324346
Address
447 NH Route 4A, Enfield, NH 03748
Doing Business As
Enfield Shaker Museum

Signing Officer

Name
Ian Kipperman
Title
Treasurer
Phone
6036324346
Signed
2020-08-17
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Ian Kipperman
Formed
1987
Legal Domicile
Nh
Voting Board Members
10
Independent Board Members
10
Employees
35
Volunteers
0

Preparer

Firm
Marc Z Aaron CPA
Address
36 Harlow Hill, Randolph, VT 05060
Preparer
Marc Z Aaron CPA
Phone
8027283857
Supplemental Narrative

Additional Explanations

Form 990, Part XI, line 9:

Miscellaneous 1859.

Schedule D, Part III, lines 1A and 4

Property held for preservation purposes - A major part of the Organization's mission is to protect and preserve both the physical and aesthetic legacy of the Shaker Village in Enfield. The Organization has purchased several buildings and land parcels of the original Shaker village, the cost of which is reflected on the statement of financial position. In addition, the Organization acquired artifacts displayed in the museum which are not reflected on the statement of financial position because theri cost is not subject to determination. Line 4 - The museum's collection includes furniture, photographs, and articles made by the Shakers which demonstrte their extraordinary skills and efficiency. These artifacts are important to help the museum share the Shaker cultural heritage with visitors, members and the global community.

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IRS990/Desc0Preservation: The Museum is actively restoring, preserving, and maintaining the remaining built environment of the original Shaker village, established in 1793 along the shore of Mascoma Lake. This national historic site contains nine original buildings (the earliest dating to 1813) built by the Shakers of Enfield, a mill pond and related water technology, two cemeteries, and a historic garden featuring Shaker heirloom plant varieties situated within a larger historic built environment surrounded by state-protected lands (on which is the unique Shaker Feast Ground atop of Mount Assurance, which the Museum also maintains). The Museum preserves its building collection through rigorous research and adherence to Secretary of the Interior's Standards for the Treatment of Historic Properties. The site's domestic, agricultural, and industrial buildings document 150 years of the Shakers' creation and occupation of the site. All have been recorded through professional architectural renderings, archaeological excavations and surveys, and documentary historical research. These buildings not only tell the story of the Shakers who lived, worked, and worshipped here; these buildings also document the 150 years of American building technology. In FY2019, the Museum received an award of $15,000 to remove the siding on the West Meadow Barn.
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IRS990/MissionDesc0The mission of the Enfield Shaker Museum, an educational institution, is to preserve and share its historical structures, landscape, and Shaker cultural heritage with our multi-generational visitors, members, and the global community.
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IRS990/PrincipalOfficerNm0Ian Kipperman
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IRS990/ProgSrvcAccomActy2Grp/Desc0Education: Education is the heart of Enfield Shaker Museum's mission. Through the Museum's historic buildings and built environment, artifactual collections, archaeological collections, archives, and library, professional staff members, skilled craftspeople, scholars, and volunteers provide to a diverse and growing public a variety of programs and exhibitions with which to learn about and learn from the Shakers of Enfield, New Hampshire. Trained interpreters and staff educators provide general and topical tours and site interpretation geared to visitor-initiated questions. Visitors may also take self-guided tours of the historic site. Throughout the year visitors may learn history, Shaker trades and industries, and sustainability through doing historic crafts, foodways, and activities provided through demonstrations and hands-on workshops (oval boxes, knives, brooms, spinning, weaving, textile dyeing, gardening, timber-framing, for example). Talks, lectures, and tours explore the Shakers within their historical context and raise questions about communalism, racial and gender equality, pacifism, and tolerance today. The Museum, with local universities, hosts on-site excavations, laboratory analysis, and digital documentation of our site's artifacts.The Museum is dedicated to supporting local primary, secondary, and higher education. Our History Alive field trip program allows New Hampshire and Vermont students to explore local history and the Enfield Shakers' legacy through history-based hands-on activities. In fiscal year 2019, over 300 students and teachers participated in this program. As part of our ongoing commitment to making these field trips as accessible as possible, the Museum provides free admission to students in the Mascoma Valley Regional School District. We award transportation grants to several local schools that otherwise would not have been able to attend the program. Each summer junior and senior high school students enroll in our field ecology school, learning the history of the Shakers' land use and the interconnection between human activity and the environment. The Charles E. and Edna T. Brundage Foundation ($9,000 grant) supported the History Alive program and the annual children-focused September Harvest Festival. The New Hampshire Charitable Foundation/Wellborn Ecology Fund ($4,500) supported exclusively the Museum's Field Ecology Summer Program for middle school students. Funds were given to provide full scholarships to local students in need, to pay an instructor's salary, and for general supplies.
IRS990/ProgSrvcAccomActy3Grp/Desc0Events: From Shaker Day in late April/early May through December's Festival of Trees the Museum is open to visitors, overnight guests, students, and volunteers who participate in large educational, celebratory, and fundraising events that build and strengthen community and increase knowledge. Shaker Day is the Museum's opening day, full of tours and activities geared to members, children, and Enfield residents (who always enjoy free admission). In late April the prestigious Spring Shaker Forum, a national recognized venue for Shaker scholarship, occurs. Every year the Forum increases in speakers and in participants. During the summer months the Museum is home to the Center for Advanced Musical Studies at Chosen Vale, which offers its students a variety of musical experiences and training. September's annual Harvest Festival is geared to families and children, offering craft activities and demonstrations, farm animals, musicians and entertainers, and other activities related to agriculture and food. The Museum's Cider and Cheese Festival acknowledges and interprets the Shakers' excellence in growing and using apples and in making cheese by featuring New England cheesemongers and cideries against the spectacular autumn backdrop of this historic site. The Museum's annual gala and auction takes place in November and is one of the institution's biggest fundraisers. Last, the Museum's annual Festival of Trees brings visitors to the Great Stone Dwelling in a year-end celebration of community.
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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$6.33$0.06$6.27$1.42$0.84$0.58
2023Detailed filing. Detailed filing data is available for this year.$5.72$0.03$5.69$2.67$0.65$2.02
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.72$0.04$3.68$0.84$0.61$0.23
2021Detailed filing. Detailed filing data is available for this year.$3.47$0.02$3.45$1.05$0.58$0.47
2020Detailed filing. Detailed filing data is available for this year.$3.10$0.13$2.98$0.67$0.54$0.12
2019Detailed filing. Detailed filing data is available for this year.$2.96$0.10$2.86$0.82$0.64$0.18
2018Summary only. Only limited summary data is available for this year.$2.73$0.05$2.68$0.62$0.47$0.15
2017Summary only. Only limited summary data is available for this year.$2.62$0.10$2.52$0.64$0.48$0.16
2016Summary only. Only limited summary data is available for this year.$2.46$0.10$2.37$0.66$0.36$0.30
2015Summary only. Only limited summary data is available for this year.$2.24$0.11$2.13$0.84$0.40$0.44
2014Summary only. Only limited summary data is available for this year.$1.80$0.12$1.68$0.66$0.42$0.24
2013Summary only. Only limited summary data is available for this year.$1.48$0.04$1.44$0.45$0.36$0.08
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.38$0.03$1.35$0.32
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.38$0.07$1.31$0.42