Civic Intelligence

Sanborn Mills Inc

EIN 02-0523388 • 501(c)3 • Loudon, NH

Profile

To restore and preserve the mill site and other historical buildings of sanborn mills, to preserve the historical and cultural heritage of a 19th century new england farm, and to educate the general public, specifically craftspeople, scholars, and historians.

7097 Sanborn RdLoudon, NH 03307

www.sanbornmills.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

20th percentile

0.02x

Higher debt load relative to assets than 20% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Source year 2024

Liabilities / Revenue

31st percentile

0.10x

Higher debt load relative to revenue than 31% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Source year 2024

Net Margin

24th percentile

-4.6%

Higher net margin than 24% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Source year 2024

Top Officer Pay

Score unavailable

No value available

No filing with officer rows is available for this organization yet.

Asset Growth

29th percentile

-0.8%

Faster asset growth than 29% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Annualized from 2023 to 2024

Revenue Growth

22nd percentile

-6.8%

Faster revenue growth than 22% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Annualized from 2023 to 2024

Assets

Down

$10,903,241

Down $85,817 (-0.8%) from 2023

Liabilities

Up

$212,214

Up $11,717 (+5.8%) from 2023

Net Assets

Down

$10,691,027

Down $97,534 (-0.9%) from 2023

Revenue

Down

$2,121,994

Down $154,965 (-6.8%) from 2023

Expenses

Up

$2,219,528

Up $398,989 (+22%) from 2023

Net Income

Down

-$97,534

Down $553,954 (-121%) from 2023

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$15M$10M$5.0M$0Assets 2010: $1,091,231Liabilities 2010: $432,596Net Assets 2010: $658,6352010Assets 2011: $1,082,270Liabilities 2011: $228,907Net Assets 2011: $853,3632011Assets 2012: $1,662,722Liabilities 2012: $465,377Net Assets 2012: $1,197,3452012Assets 2013: $1,705,228Liabilities 2013: $316,344Net Assets 2013: $1,388,8842013Assets 2014: $2,024,705Liabilities 2014: $257,657Net Assets 2014: $1,767,0482014Assets 2015: $3,079,502Liabilities 2015: $67,699Net Assets 2015: $3,011,8032015Assets 2016: $4,799,579Liabilities 2016: $10,257Net Assets 2016: $4,789,3222016Assets 2017: $6,233,793Liabilities 2017: $11,161Net Assets 2017: $6,222,6322017Assets 2018: $7,194,842Liabilities 2018: $9,187Net Assets 2018: $7,185,6552018Assets 2019: $7,923,956Liabilities 2019: $289Net Assets 2019: $7,923,6672019Assets 2020: $9,007,517Liabilities 2020: $400,484Net Assets 2020: $8,607,0332020Assets 2021: $9,770,900Liabilities 2021: $293,188Net Assets 2021: $9,477,7122021Assets 2022: $10,681,848Liabilities 2022: $316,140Net Assets 2022: $10,365,7082022Assets 2023: $10,989,058Liabilities 2023: $200,497Net Assets 2023: $10,788,5612023Assets 2024: $10,903,241Liabilities 2024: $212,214Net Assets 2024: $10,691,0272024

Highlighted filing

2024

Assets$10,903,241
Liabilities$212,214
Net Assets$10,691,027

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$3.0M$2.0M$1.0M$0-$1.0MExpenses 2010: $77,8152010Expenses 2011: $278,1552011Expenses 2012: $631,3192012Revenue 2013: $977,304Expenses 2013: $785,765Net Income 2013: $191,5392013Revenue 2014: $1,308,900Expenses 2014: $930,736Net Income 2014: $378,1642014Revenue 2015: $2,385,203Expenses 2015: $1,062,672Net Income 2015: $1,322,5312015Revenue 2016: $2,730,075Expenses 2016: $952,556Net Income 2016: $1,777,5192016Revenue 2017: $2,508,970Expenses 2017: $1,075,660Net Income 2017: $1,433,3102017Revenue 2018: $2,184,926Expenses 2018: $1,221,903Net Income 2018: $963,0232018Revenue 2019: $2,242,519Expenses 2019: $1,504,507Net Income 2019: $738,0122019Revenue 2020: $1,940,325Expenses 2020: $1,256,959Net Income 2020: $683,3662020Revenue 2021: $2,099,813Expenses 2021: $1,229,134Net Income 2021: $870,6792021Revenue 2022: $2,581,742Expenses 2022: $1,693,746Net Income 2022: $887,9962022Revenue 2023: $2,276,959Expenses 2023: $1,820,539Net Income 2023: $456,4202023Revenue 2024: $2,121,994Expenses 2024: $2,219,528Net Income 2024: -$97,5342024

Highlighted filing

2024

Revenue$2,121,994
Expenses$2,219,528
Net Income-$97,534

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$10.9$0.21$10.7$2.12$2.22$0.10
2023Detailed filing. Detailed filing data is available for this year.$11.0$0.20$10.8$2.28$1.82$0.46
2022Detailed filing. Detailed filing data is available for this year.$10.7$0.32$10.4$2.58$1.69$0.89
2021Detailed filing. Detailed filing data is available for this year.$9.77$0.29$9.48$2.10$1.23$0.87
2020Detailed filing. Detailed filing data is available for this year.$9.01$0.40$8.61$1.94$1.26$0.68
2019Detailed filing. Detailed filing data is available for this year.$7.92$0.00$7.92$2.24$1.50$0.74
2018Detailed filing. Detailed filing data is available for this year.$7.19$0.01$7.19$2.18$1.22$0.96
2017Detailed filing. Detailed filing data is available for this year.$6.23$0.01$6.22$2.51$1.08$1.43
2016Detailed filing. Detailed filing data is available for this year.$4.80$0.01$4.79$2.73$0.95$1.78
2015Detailed filing. Detailed filing data is available for this year.$3.08$0.07$3.01$2.39$1.06$1.32
2014Detailed filing. Detailed filing data is available for this year.$2.02$0.26$1.77$1.31$0.93$0.38
2013Detailed filing. Detailed filing data is available for this year.$1.71$0.32$1.39$0.98$0.79$0.19
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.66$0.47$1.20$0.63
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.08$0.23$0.85$0.28
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.09$0.43$0.66$0.08
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Jun 6, 2025
Return Version
2024v5.0
Gross Receipts
$2,242,513
Mission and Program Overview

Mission

Sanborn mills strives to nurture and educate, using its unique collection of 1830's water-powered mills, field and managed woodlots; encourages and practises traditional crafts and eductational programs to further the development of sustainability and community, combining animal power, timber framing, blacksmithing and sound agricultural practises.

To restore and preserve the mill site and other historical buildings of sanborn mills, to preserve the historical and cultural heritage of a 19th century new england farm, and to educate the general public, specifically craftspeople, scholars, and historians.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$9,498,523$9,324,377▼ $174,146
Prepaid Expenses and Deferred Charges$20,211$16,789▼ $3,422
Cash and Non-Interest-Bearing Accounts$15,774$8,132▼ $7,642
Accounts Receivable$4,851--
Total Assets$10,989,058$10,903,241▼ $85,817
Other Assets Total$1,449,699$1,553,943▲ $104,244
Liabilities
Deferred Revenue$66,980$99,953▲ $32,973
Other Liabilities$64,143$53,059▼ $11,084
Accounts Payable and Accrued Expenses$50,484$49,030▼ $1,454
Mortgage Notes Payable Secured by Investment Property$18,890$10,172▼ $8,718
Total Liabilities$200,497$212,214▲ $11,717
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$10,775,416$10,682,121▼ $93,295
Net Assets With Donor Restrictions$13,145$8,906▼ $4,239
Total Net Assets Fund Balance$10,788,561$10,691,027▼ $97,534
Total Liabilities and Net Assets / Fund Balance$10,989,058$10,903,241▼ $85,817

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$8,242,550$1,590,216$9,832,766
Equipment$280,942$470,640$751,582
Land$593,075-$593,075
Other Land Buildings$207,810$265,664$473,474
Other Assets Org$53,059--
Compensation and Service Providers

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$1,902,875
Program Service Revenue
$283,638
Investment Income
$-69,185
Other Revenue
$4,666
All Other Contributions
$1,902,875
Change in Net Assets
$-97,534

Audited Revenue Reconciliation

Revenue per Audited Statements
$2,121,994
Revenue Not Reported on Form 990
$51,322
Total Revenue per Audited Statements
$2,173,316
Total Revenue per Form 990
$2,121,994
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$1,311,056
Other Expenses$895,406
Grants and Similar Amounts Paid$13,066
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$1,025,580$100,977-$1,126,557
Depreciation Depletion-$328,886-$328,886
Payroll Taxes$79,639$7,928-$87,567
Occupancy$36,420$35,766-$72,186
Other Employee Benefits$63,347$5,651-$68,998
Insurance$26,958$31,840-$58,798
Fees for Services Other$40,837$7,026-$47,863
Office Expenses-$33,001-$33,001
Pension Plan Contributions$25,405$2,529-$27,934
Fees for Services Accounting-$23,177-$23,177
Grants to Domestic Individuals$13,066--$13,066
Payments to Affiliates-$10,000-$10,000
Other Expenses$9,645--$9,645
All Other Expenses-$6,369-$6,369
Advertising$5,315--$5,315
Total Functional Expenses$1,626,378$593,150$0$2,219,528

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$2,270,850
Expenses per Audited Statements$2,219,528
Total Expenses per Form 990$2,219,528
Expenses Not Reported on Form 990$51,322
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$8,826
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
Operating Lease Liabilities$53,059
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Business relationship with 35% controlled entity
No
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
Yes
Other officer compensation reviewed
Yes
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, Page 6, Part VI, Line 2

F. Colin cabot paula cabot president vp and sec spouse

Form 990, Page 6, Part VI, Line 11B

The annual return is reviewed by management and the board of directors prior to signing and filing each year.

Form 990, Page 6, Part VI, Line 12C

Enforcement of the conflict of interest policy is reviewed by the board of directors annually.

Form 990, Page 6, Part VI, Line 15A

Compensation process for executive director compensation is subject to the review and approval by the board of directors.

Form 990, Page 6, Part VI, Line 15B

Key employee compensation is reviewed and approved by the board of directors.

Form 990, Page 6, Part VI, Line 19

Governing documents and financial statements and available to the general public upon request.

Filing and Contact Details

Filer

Filer Name
Sanborn Mills Inc
EIN
02-0523388
Phone
6034357314
Address
7097 SANBORN RD, LOUDON, NH 03307

Signing Officer

Name
F Colin Cabot
Title
President/treasurer
Phone
6034357314
Signed
2025-06-06
Discuss with paid preparer
Yes

Organization Details

Principal Officer
F Colin Cabot
Formed
1998
Legal Domicile
Nh
Voting Board Members
8
Independent Board Members
8
Employees
26
Volunteers
10

Preparer

Firm
Mason & Rich Pa
Address
6 BICENTENNIAL SQ, CONCORD, NH 03301-4058
Preparer
Lena Rozzi CPA
Phone
6032242000
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

To restore and preserve the mill site and other historical buildings of sanborn mills, to preserve the historical and cultural heritage of a 19th century new england farm, and to educate the general public, specifically craftspeople, scholars, and historians.

Form 990, Part XI, Line 9

Rental expenses 47,294 merchandise expense 4,028 rental expenses -47,294 merchandise expense -4,028

Financial Statement Notes

Schedule D, Page 4, Part XI, Line 2D

Rental expenses 47,294 merchandise expense 4,028

Schedule D, Page 4, Part XII, Line 2D

Rental expenses 47,294 merchandise expense 4,028

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This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990/PrincipalOfficerNm0F COLIN CABOT
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IRS990/ProgSrvcAccomActy2Grp/Desc0OPERATION OF SANBORN MILLS FARM AS A PLACE FOR PEOPLE TO LEARN HOW TO WORK THE LAND IN WAYS THAT ARE SUSTAINABLE AND SELF-RENEWING. USING THE MODEL OF A TRADITIONAL NEW ENGLAND DIVERSIFIED WORKING FARM (AGRICUTURAL FIELDS, MANAGED FORESTS, TIMBER FRAMED BARNS FOR ANIMALS, ETC.). THE FARM SERVES AS A PLACE TO APPLY THE LESSONS LEARNED FROM THE PAST TO CURRENT NEEDS FOR SUSTAINABILITY AND COMMUNITY.
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IRS990/ProgSrvcAccomActy2Grp/RevenueAmt018733
IRS990/ProgSrvcAccomActy3Grp/Desc0EDUCATION OF THE LOCAL CRAFTS PEOPLE BY WORKSHOPS DESIGNED TO ENHANCE AND PRESERVE THEIR SKILLS.
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IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0NEW HAMPSHIRE PRESERVATION ALLIANCE - SUPPORT IS IN ACCORDANCE WITH THE GOVERNING DOCUMENTS. THE ORGANIZATION HOLDS AND MANAGES ASSETS AND CONDUCTS ACTIVITIES THAT FURTHER THE MISSION OF THE SUPPORTED ORGANIZATION.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt1THE SUPPORTED ORGANIZATION EXISTS TO CARRY OUT ITS STATED MISSION. THE SUPPORTING ORGANIZATION IS RESPONSIVE TO THIS MISSION THROUGH THE PROPERTY IT OWNS AND MANAGES, AND EXEMPT ACTIVITIES IT CONDUCTS ON THIS PROPERTY FOR THAT PURPOSE. BOTH THE SUPPORTED AND SUPPORTING ORGANIZATIONS ARE ENGAGED IN ACTIVITIES THAT CONTRIBUTE TO THE FURTHERANCE OF PRESERVATION ACTIVITES THROUGH THE RESTORATION OF BUILDINGS AND THE EDUCATION OF THE PUBLIC.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0PART IV, SECTION E, LINE 2A
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc1PART IV, SECTION E, LINE 2B
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IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine1Txt0NEW HAMPSHIRE PRESERVATION ALLIANCE
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IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0RENTAL EXPENSES 47,294 MERCHANDISE EXPENSE 4,028
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1RENTAL EXPENSES 47,294 MERCHANDISE EXPENSE 4,028
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE D, PAGE 4, PART XI, LINE 2D
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1SCHEDULE D, PAGE 4, PART XII, LINE 2D
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0TO RESTORE AND PRESERVE THE MILL SITE AND OTHER HISTORICAL BUILDINGS OF SANBORN MILLS, TO PRESERVE THE HISTORICAL AND CULTURAL HERITAGE OF A 19TH CENTURY NEW ENGLAND FARM, AND TO EDUCATE THE GENERAL PUBLIC, SPECIFICALLY CRAFTSPEOPLE, SCHOLARS, AND HISTORIANS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1F. COLIN CABOT PAULA CABOT PRESIDENT VP AND SEC SPOUSE
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE ANNUAL RETURN IS REVIEWED BY MANAGEMENT AND THE BOARD OF DIRECTORS PRIOR TO SIGNING AND FILING EACH YEAR.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3ENFORCEMENT OF THE CONFLICT OF INTEREST POLICY IS REVIEWED BY THE BOARD OF DIRECTORS ANNUALLY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4COMPENSATION PROCESS FOR EXECUTIVE DIRECTOR COMPENSATION IS SUBJECT TO THE REVIEW AND APPROVAL BY THE BOARD OF DIRECTORS.

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