Civic Intelligence

Barre Area Development Inc.

990EZ • Fiscal year 2015 • EIN 03-0213347

Jul 01, 2014 to Jun 30, 2015 • Filed on Aug 17, 2015

Organization ProfileN/A
PO Box 265Barre, VT 05641

(802) 476-2451

Siviq Scores

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

Liabilities / Assets

76th percentile

0.13x

Higher debt load relative to assets than 76% of similar nonprofits.

2015 filings • 501(c)6 • <$500k nonprofits • Source year 2015

Liabilities / Revenue

96th percentile

0.66x

Higher debt load relative to revenue than 96% of similar nonprofits.

2015 filings • 501(c)6 • <$500k nonprofits • Source year 2015

Net Margin

46th percentile

1.5%

Higher net margin than 46% of similar nonprofits.

2015 filings • 501(c)6 • <$500k nonprofits • Source year 2015

Top Officer Pay

89th percentile

$61,451

Higher top officer pay than 89% of similar nonprofits.

Top officer pay equals 63.5% of source-year revenue.

2015 filings • 501(c)6 • <$500k nonprofits • Source year 2015

Asset Growth

38th percentile

-2.4%

Faster asset growth than 38% of similar nonprofits.

2015 filings • 501(c)6 • <$500k nonprofits • Annualized from 2014 to 2015

Revenue Growth

40th percentile

-3.0%

Faster revenue growth than 40% of similar nonprofits.

2015 filings • 501(c)6 • <$500k nonprofits • Annualized from 2014 to 2015

Balance Sheet
Liabilities / Assets76th percentile

Assets

Down

$475,817

Down $11,822 (-2.4%) from 2014

Net Assets

Up

$412,460

Up $1,463 (+0.4%) from 2014

Liabilities

Down

$63,357

Down $13,285 (-17%) from 2014

Revenue And Expenses
Liabilities / Revenue96th percentileNet Margin46th percentile

Revenue

Down

$96,707

Down $3,024 (-3.0%) from 2014

Expenses

Down

$95,244

Down $2,742 (-2.8%) from 2014

Net Income

Down

$1,463

Down $282 (-16%) from 2014

Historical Trend

Balance Sheet Trend

Asset Growth38th percentile

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

$600K$400K$200K$0Assets 2012: $487,141Liabilities 2012: $96,4792012Assets 2013: $467,571Liabilities 2013: $83,5892013Assets 2014: $487,639Liabilities 2014: $76,642Net Assets 2014: $410,9972014Assets 2015: $475,817Liabilities 2015: $63,357Net Assets 2015: $412,4602015Assets 2016: $477,597Liabilities 2016: $61,806Net Assets 2016: $415,7912016Assets 2017: $465,415Liabilities 2017: $45,648Net Assets 2017: $419,7672017Assets 2018: $457,299Liabilities 2018: $41,542Net Assets 2018: $415,7572018Assets 2019: $395,063Liabilities 2019: $26,042Net Assets 2019: $369,0212019Assets 2020: $340,771Liabilities 2020: $12,506Net Assets 2020: $328,2652020Assets 2021: $400,776Liabilities 2021: $19,536Net Assets 2021: $381,2402021Assets 2022: $373,134Liabilities 2022: $2,631Net Assets 2022: $370,5032022Assets 2023: $344,091Liabilities 2023: $2,277Net Assets 2023: $341,8142023Assets 2024: $301,063Liabilities 2024: $2,895Net Assets 2024: $298,1682024Assets 2025: $293,020Liabilities 2025: $1,923Net Assets 2025: $291,0972025

Highlighted filing

2015

Assets$475,817
Liabilities$63,357
Net Assets$412,460
Open 2015 Filing

Operations Trend

Revenue Growth40th percentile

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

$200K$100K$0-$100KRevenue 2012: $111,795Expenses 2012: $98,308Net Income 2012: $13,4872012Revenue 2013: $93,087Expenses 2013: $99,767Net Income 2013: -$6,6802013Revenue 2014: $99,731Expenses 2014: $97,986Net Income 2014: $1,7452014Revenue 2015: $96,707Expenses 2015: $95,244Net Income 2015: $1,4632015Revenue 2016: $98,206Expenses 2016: $93,824Net Income 2016: $4,3822016Revenue 2017: $103,889Expenses 2017: $99,913Net Income 2017: $3,9762017Revenue 2018: $106,943Expenses 2018: $110,953Net Income 2018: -$4,0102018Revenue 2019: $105,057Expenses 2019: $151,793Net Income 2019: -$46,7362019Revenue 2020: $99,750Expenses 2020: $140,506Net Income 2020: -$40,7562020Revenue 2021: $178,487Expenses 2021: $125,512Net Income 2021: $52,9752021Revenue 2022: $117,842Expenses 2022: $128,579Net Income 2022: -$10,7372022Revenue 2023: $106,830Expenses 2023: $135,519Net Income 2023: -$28,6892023Revenue 2024: $153,278Expenses 2024: $196,924Net Income 2024: -$43,6462024Revenue 2025: $133,493Expenses 2025: $140,564Net Income 2025: -$7,0712025

Highlighted filing

2015

Revenue$96,707
Expenses$95,244
Net Income$1,463
Open 2015 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2014 to Jun 30, 2015
Signed
Aug 17, 2015
Return Version
2014v5.0
Gross Receipts
$96,707
Mission and Program Overview

Mission

Facilitate economic development

Program Services

DescriptionGrantsExpenses
NONE--
Compensation and Service Providers
Top Officer Pay89th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
JOEL SCHWARTZExecutive DirectorFT$61,451-$61,451
ROBERT HUTCHINSDirector-$0--
PETE FOURNIERPast President-$0--
AL FLORYTreasurer-$0--
JONATHAN SHEASecretary-$0--
ROBERT LORDDirector-$0--
STEPHEN MARTINDirector-$0--
KEITH PAXMANDirector-$0--
WALTER POCZOBUTDirector-$0--
KARL RINKERPresident-$0--
RUSTY VALSANGIACOMODirector-$0--
NANCY MARTINPast President-$0--
DEMIAN HARDAKERDirector-$0--
BURNIE ALLENDirector-$0--
SARAH FIELDVice President-$0--
Filing and Contact Details

Filer

Filer Name
Barre Area Development Inc
EIN
03-0213347
Phone
8024762451
Address
PO BOX 265, BARRE, VT 05641

Signing Officer

Name
Al Flory
Title
Treasurer
Phone
8024762451
Signed
2015-08-17
Discuss with paid preparer
Yes

Preparer

Firm
Salvador and Babic PC
Address
PO Box 593, Barre, VT 05641
Preparer
Thomas a Babic CPA
Phone
8024768673
Supplemental Narrative

Additional Explanations

Form 990EZ, Part I, Line 8

“Miscellaneous income 210.”

Form 990EZ, Part I, Line 16

“Telephone 1879. Recording secretary 76. Insurance 1879. Office software 749. Interest expense 3864. Advertising 4309. Travel & meetings 885. Wesite development 2400. Depreciation 123. Website hosting 600.”

Form 990EZ, Part II, Line 24

“Accounts receivable 27863. 21928. Equipment 307. 184. Board designated reserve 162253. 180274. Pledged collateral 201816. 203031. Note receivables 75000. 50000. Security deposit 400. 400.”

Form 990EZ, Part II, Line 26

“Accounts payable 3893. 421. Accrued payroll 1362. 1430. Payroll liabilities 1387. 1506. Notes payable - barre town 70000. 60000.”

Raw XML Appendix159 raw XML fields

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

Path#Value
IRS990EZ/ActivitiesNotPreviouslyRptInd0false
IRS990EZ/BooksInCareOfDetail/PersonNm0AL FLORY
IRS990EZ/BooksInCareOfDetail/PhoneNum08024762451
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt0PO BOX 265
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0BARRE
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0VT
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd005641
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt020000
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt020000
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/ContributionsGiftsGrantsEtcAmt00
IRS990EZ/CostOfGoodsSoldAmt00
IRS990EZ/CostOrOtherBasisExpenseSaleAmt00
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/ExcessOrDeficitForYearAmt01463
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt03658
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt0487639
IRS990EZ/Form990TotalAssetsGrp/EOYAmt0475817
IRS990EZ/FundraisingGrossIncomeAmt00
IRS990EZ/GainOrLossFromSaleOfAssetsAmt00
IRS990EZ/GamingGrossIncomeAmt00
IRS990EZ/GrossProfitLossSlsOfInvntryAmt00
IRS990EZ/GrossReceiptsAmt096707
IRS990EZ/InfoInScheduleOPartIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/InvestmentIncomeAmt03772
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MembershipDuesAmt00
IRS990EZ/MethodOfAccountingAccrualInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt0410997
IRS990EZ/NetAssetsOrFundBalancesEOYAmt0412460
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt0410997
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt0412460
IRS990EZ/OccupancyRentUtltsAndMaintAmt05436
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt040.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt12.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt22.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt32.00
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt52.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt62.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt72.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt82.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt92.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt102.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt112.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt122.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt132.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt142.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt061451
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt50
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt60
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt70
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt80
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt90
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt100
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt110
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt120
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt130
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt140
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0JOEL SCHWARTZ
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1ROBERT HUTCHINS
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2PETE FOURNIER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3AL FLORY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm4JONATHAN SHEA
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm5ROBERT LORD
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm6STEPHEN MARTIN
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm7KEITH PAXMAN
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm8WALTER POCZOBUT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm9KARL RINKER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm10RUSTY VALSANGIACOMO
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm11NANCY MARTIN
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm12DEMIAN HARDAKER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm13BURNIE ALLEN
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm14SARAH FIELD
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0EXECUTIVE DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2PAST PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3TREASURER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4SECRETARY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt5DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt6DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt7DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt8DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt9PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt10DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt11PAST PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt12DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt13DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt14VICE PRESIDENT
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501cInd0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherAssetsTotalDetail/BOYAmt0467639
IRS990EZ/OtherAssetsTotalDetail/EOYAmt0455817
IRS990EZ/OtherExpensesTotalAmt016764
IRS990EZ/OtherRevenueTotalAmt0210
IRS990EZ/PrimaryExemptPurposeTxt0FACILITATE ECONOMIC DEVELOPMENT
IRS990EZ/PrintingPublicationsPostageAmt0929
IRS990EZ/ProgramServiceRevenueAmt092725
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0NONE
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/SalariesOtherCompEmplBnftAmt068457
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SpecialEventsDirectExpensesAmt00
IRS990EZ/SpecialEventsNetIncomeLossAmt00
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt076642
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt063357
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt095244
IRS990EZ/TotalRevenueAmt096707
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0N/A
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0MISCELLANEOUS INCOME 210.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1TELEPHONE 1879. RECORDING SECRETARY 76. INSURANCE 1879. OFFICE SOFTWARE 749. INTEREST EXPENSE 3864. ADVERTISING 4309. TRAVEL & MEETINGS 885. WESITE DEVELOPMENT 2400. DEPRECIATION 123. WEBSITE HOSTING 600.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2ACCOUNTS RECEIVABLE 27863. 21928. EQUIPMENT 307. 184. BOARD DESIGNATED RESERVE 162253. 180274. PLEDGED COLLATERAL 201816. 203031. NOTE RECEIVABLES 75000. 50000. SECURITY DEPOSIT 400. 400.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3ACCOUNTS PAYABLE 3893. 421. ACCRUED PAYROLL 1362. 1430. PAYROLL LIABILITIES 1387. 1506. NOTES PAYABLE - BARRE TOWN 70000. 60000.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990EZ, Part I, Line 8
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990EZ, Part II, Line 24
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990EZ, Part II, Line 26
ReturnHeader/BuildTS02016-02-25 16:41:14Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0AL FLORY
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0TREASURER
ReturnHeader/BusinessOfficerGrp/PhoneNum08024762451
ReturnHeader/BusinessOfficerGrp/SignatureDt02015-08-17
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0BARRE AREA DEVELOPMENT INC
ReturnHeader/Filer/BusinessNameControlTxt0BARR
ReturnHeader/Filer/EIN0030213347
ReturnHeader/Filer/PhoneNum08024762451
ReturnHeader/Filer/USAddress/AddressLine1Txt0PO BOX 265
ReturnHeader/Filer/USAddress/CityNm0BARRE
ReturnHeader/Filer/USAddress/StateAbbreviationCd0VT
ReturnHeader/Filer/USAddress/ZIPCd005641
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0Salvador and Babic PC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0PO Box 593
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Barre
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0VT
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd005641
ReturnHeader/PreparerPersonGrp/PhoneNum08024768673
ReturnHeader/PreparerPersonGrp/PreparationDt02015-09-11
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0THOMAS A BABIC CPA
ReturnHeader/ReturnTs02015-09-11T08:04:36-07:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02014-07-01
ReturnHeader/TaxPeriodEndDt02015-06-30
ReturnHeader/TaxYr02014

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2015 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$475,817
Liabilities
$63,357
Net assets
$412,460
Revenue
$96,707
Expenses
$95,244
Net income
$1,463
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$2.93$0.02$2.91$1.33$1.41$0.07
2024Detailed filing. Detailed filing data is available for this year.$3.01$0.03$2.98$1.53$1.97$0.44
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.44$0.02$3.42$1.07$1.36$0.29
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.73$0.03$3.71$1.18$1.29$0.11
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$4.01$0.20$3.81$1.78$1.26$0.53
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.41$0.13$3.28$1.00$1.41$0.41
2019Import issue. A filing source exists for this year, but detailed import did not complete cleanly.$3.95$0.26$3.69$1.05$1.52$0.47
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$4.57$0.42$4.16$1.07$1.11$0.04
2017Detailed filing. Detailed filing data is available for this year.$4.65$0.46$4.20$1.04$1.00$0.04
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$4.78$0.62$4.16$0.98$0.94$0.04
2015Detailed filing. Detailed filing data is available for this year.$4.76$0.63$4.12$0.97$0.95$0.01
2014Detailed filing. Detailed filing data is available for this year.$4.88$0.77$4.11$1.00$0.98$0.02
2013Summary only. Only limited summary data is available for this year.$4.68$0.84$0.93$1.00$0.07
2012Summary only. Only limited summary data is available for this year.$4.87$0.96$1.12$0.98$0.13