Civic Intelligence

Putney Mountain Association Incorporated

EIN 03-0316666 • 501(c)3 • Putney, VT

Profile

Putney Mountain Association believes there is a vital link between humans and the natural environment. Our primary objectives are to strengthen that link by preserving undeveloped land in southeastern Vermont for the benefit and enjoyment of present and future generations and to protect the natural habitat and wildlife corridor of the area.

PO Box 953Putney, VT 05346

www.putneymountain.org

Siviq Scores

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

Liabilities / Assets

53rd percentile

0.08x

Higher debt load relative to assets than 53% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Liabilities / Revenue

90th percentile

1.32x

Higher debt load relative to revenue than 90% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Net Margin

50th percentile

4.4%

Higher net margin than 50% of similar nonprofits.

501(c)3 • $1M-$5M 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

20th percentile

-6.1%

Faster asset growth than 20% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Revenue Growth

97th percentile

221%

Faster revenue growth than 97% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Assets

Down

$1,402,115

Down $90,975 (-6.1%) from 2023

Liabilities

Up

$118,613

Up $118,613 from 2023

Net Assets

Down

$1,283,502

Down $209,588 (-14%) from 2023

Revenue

Up

$90,139

Up $62,035 (+221%) from 2023

Expenses

Up

$86,136

Up $52,514 (+156%) from 2023

Net Income

Up

$4,003

Up $9,521 (+173%) from 2023

Trend Graphs

Balance Sheet Trend

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

$2.0M$1.5M$1.0M$500K$0Assets 2014: $790,180Liabilities 2014: $0Net Assets 2014: $790,1802014Assets 2015: $848,604Liabilities 2015: $0Net Assets 2015: $848,6042015Assets 2016: $857,985Liabilities 2016: $4,247Net Assets 2016: $853,7382016Assets 2017: $949,559Liabilities 2017: $0Net Assets 2017: $949,5592017Assets 2018: $1,076,699Liabilities 2018: $0Net Assets 2018: $1,076,6992018Assets 2019: $1,167,900Liabilities 2019: $0Net Assets 2019: $1,167,9002019Assets 2020: $1,186,933Liabilities 2020: $0Net Assets 2020: $1,186,9332020Assets 2021: $1,198,418Liabilities 2021: $0Net Assets 2021: $1,198,4182021Assets 2022: $1,603,880Liabilities 2022: $0Net Assets 2022: $1,603,8802022Assets 2023: $1,493,090Liabilities 2023: $0Net Assets 2023: $1,493,0902023Assets 2024: $1,402,115Liabilities 2024: $118,613Net Assets 2024: $1,283,5022024

Highlighted filing

2024

Assets$1,402,115
Liabilities$118,613
Net Assets$1,283,502

Operations Trend

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

$600K$400K$200K$0-$200KRevenue 2014: $439,184Expenses 2014: $37,308Net Income 2014: $401,8762014Revenue 2015: $13,674Expenses 2015: $13,429Net Income 2015: $2452015Revenue 2016: $22,042Expenses 2016: $13,202Net Income 2016: $8,8402016Revenue 2017: $108,388Expenses 2017: $11,015Net Income 2017: $97,3732017Revenue 2018: $162,534Expenses 2018: $35,394Net Income 2018: $127,1402018Revenue 2019: $104,976Expenses 2019: $13,775Net Income 2019: $91,2012019Revenue 2020: $120,891Expenses 2020: $101,858Net Income 2020: $19,0332020Revenue 2021: $223,635Expenses 2021: $38,071Net Income 2021: $185,5642021Revenue 2022: $468,450Expenses 2022: $61,634Net Income 2022: $406,8162022Revenue 2023: $28,104Expenses 2023: $33,622Net Income 2023: -$5,5182023Revenue 2024: $90,139Expenses 2024: $86,136Net Income 2024: $4,0032024

Highlighted filing

2024

Revenue$90,139
Expenses$86,136
Net Income$4,003

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Aug 15, 2025
Return Version
2024v5.2
Gross Receipts
$90,139
Mission and Program Overview

Mission

The putney mountain association believes there is a vital link between human beings and the natural environment. Our primary objectives are to strengthen that link by preserving undeveloped land on windmill ridge in southeastern vermont for the benefit and enjoyment of present and future generations and to protect the natural habitat and wildlife corridor of the area.

To preserve undeveloped land in southeastern Vermont for the benefit and enjoyment of present and future generations and to protect the natural habitat and wildlife corridor of the area.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$1,010,300$764,600▼ $245,700
Investments in Publicly Traded Securities$348,533$381,554▲ $33,021
Savings and Temporary Cash Investments$80,822$179,399▲ $98,577
Cash and Non-Interest-Bearing Accounts$38,435$61,562▲ $23,127
Intangible Assets$15,000$15,000→ $0
Total Assets$1,493,090$1,402,115▼ $90,975
Liabilities
Deferred Revenue-$118,613-
Total Liabilities$0$118,613▲ $118,613
Net Assets / Fund Balance
Net Assets With Donor Restrictions$1,279,814$1,046,075▼ $233,739
Net Assets Without Donor Restrictions$213,276$237,427▲ $24,151
Total Net Assets Fund Balance$1,493,090$1,283,502▼ $209,588
Total Liabilities and Net Assets / Fund Balance$1,493,090$1,402,115▼ $90,975

Asset Categories

AssetBook ValueDepreciationBasis
Land$764,600-$764,600

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2024$280,771$116,232▲ $19,635$1,014$398,374
2023$276,345$37,830▲ $30,575$785$280,771
2022$237,340$81,181▼ $25,057$430$276,345
2021$202,146$18,450▲ $19,697$1,690$237,340
2020$187,376-▲ $16,834$1,100$202,146
Compensation and Service Providers

Board Members and Trustees

NameTitle
Margaret MottChair
David EggletonVice Chair
Amy SmidutzTrustee
Bennett JacksonTrustee
Cathryn AbbottTrustee
Elisabeth W PasterkampTrustee
John BarnettTrustee
Kathryn KarmenTrustee
Matthew Buchanan CherryTrustee
Maureen McOwenTrustee
Pat ShieldsTrustee
Richard FletcherTrustee
Sam QuintalTrustee
William FitzgeraldTrustee
Glenn Adam GilbertTrustee and co-owner of Tahawus Trails, LP
Steve ConnorSecretary
Linda RenfroTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$87,205
Program Service Revenue
$0
Investment Income
$1,934
Other Revenue
$1,000
All Other Contributions
$30,658
Change in Net Assets
$4,003

Noncash Contribution Practices

Reviewed unusual noncash gifts
Yes
Third parties used for noncash contributions
No

Audited Revenue Reconciliation

Revenue per Audited Statements
$90,139
Total Revenue per Audited Statements
$90,139
Total Revenue per Form 990
$90,139
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$86,136
Total Fundraising Expense$4,100
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Other$5,400$12,840$1,620$19,860
Advertising$4,025-$2,379$6,404
Fees for Service Investment Mgmnt Fees-$3,038-$3,038
Insurance$1,340$1,361-$2,701
Other Expenses$2,500--$2,500
Information Technology$599$1,075-$1,674
Office Expenses-$1,015$101$1,116
All Other Expenses$933--$933
Fees for Services Accounting-$850-$850
Conferences and Meetings$75$560-$635
Travel-$440-$440
Payments to Affiliates-$250-$250
Total Functional Expenses$60,607$21,429$4,100$86,136

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$86,136
Total Expenses per Audited Statements$86,136
Total Expenses per Form 990$86,136
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
Federal income taxes-
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Backup withholding compliance
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
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 7A

Members elect the Board of Trustees at the Annual Membership Meeting with Trustees serving 3-year terms.

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

Board members will receive a copy of the return to review before it is filed.

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

The possibility of conflicts is regularly raised at meetings.

Form 990, Part VI, Section C, Line 19

Documents are available upon request.

Form 990, Part VI, Line 14

The Trustees approved a retention and destruction policy in 2024.

Filing and Contact Details

Filer

Filer Name
Putney Mountain Association Incorporated
EIN
03-0316666
Phone
8022581515
Address
PO Box 953, Putney, VT 05346

Signing Officer

Name
Margaret Mott
Title
Chair
Phone
8022581515
Signed
2025-08-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Margaret Mott
Formed
1946
Legal Domicile
Vt
Voting Board Members
17
Independent Board Members
17
Employees
0
Volunteers
73

Preparer

Firm
RHR Smith & Company CPA's
Address
3 Old Orchard Road, Buxton, ME 04093
Preparer
Danielle N O'Neill
Phone
2079294606
Supplemental Narrative

Additional Explanations

Form 990, Part I, Line 1

The Putney Mountain Association believes there is a vital link between human beings and the natural environment. Our primary objectives are to strengthen that link by preserving undeveloped land on Windmill Ridge in southeastern Vermont for the benefit and enjoyment of present and future generations and to protect the natural habitat and wildlife corridor of the area.

Form 990, Part I, Line 6

Seventy plus volunteers and hundreds of hours were involved in the community engagement, stewardship and trails and grazing programs. The Community Engagement Committee participated in locally sponsored events, a choir concert and Harvest Festival. 6 volunteers spent 25 hours preparing for the events, manning a table to promote PMAs mission, membership, donations, trails systems and recruitment of board members. Putney Mountain Summit continues to serve as the site of Vermonts longest running Hawkwatch. 2024 tallied a total of 19,428 raptors migrating over the ridge including an all-time season high of 16,206 broad-winged hawks. After 40 years of working to connect the Windmill Ridgeline trail from Grafton to Prospect Hill in Dummerston, the opening of final trail segment Hague Road to Holland Hill Road of the Missing Link was celebrated. 27 community members showed for the opening celebration and 22 participants hiked the trail together. Volunteer trail blazers, Board Trustees, and members spent over 20 hours publicizing, organizing, explaining the trail creation, educating the public about Vermonts largest Ash Tree, and driving hikers back to their cars. The Stewardship Committee monitored eight vernal pools and mapped one new pool to Vermonts Vernal Pool Atlas. Breeding bird surveys were conducted at 13 sites with documentation of several Vermont Species of Greatest Conservation Need. Invasive plants were monitored and controlled as feasible. Two parcels were monitored and controlled as feasible. Two parcels were monitored for hemlock woolly adelgid.

Form 990, Part XI, Line 9

PMA Changed its accounting procedures in 2021 and annually adjusts land valuations to match assessed values in all four towns Putney, Westminister, Brookline and Dummerston. The offset to the property adjustment is an expense account, Loss on Impairments of Assets. 2024 loss on Impairment of Assets is due to a change in the assessed value of 245,700.

Form 990, Part IX, Line 11G

Consultants hired to strenthen PMAs internal processes policies, procedures, software training, fundraising, and digitizing historical records

Financial Statement Notes

V 4

Endowment funds will be used in accordance with donor-restrictions and board-designations to support our mission of preserving undeveloped land on Windmill Ridge in Southeastern Vermont.

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IRS990/Form990PartVIISectionAGrp/TitleTxt4Trustee
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IRS990/MissionDesc0Putney Mountain Association believes there is a vital link between humans and the natural environment. Our primary objectives are to strengthen that link by preserving undeveloped land in southeastern Vermont for the benefit and enjoyment of present and future generations and to protect the natural habitat and wildlife corridor of the area.
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IRS990/ProgSrvcAccomActy2Grp/Desc0Stewardship - Stewardship of 926 acres of forestland and wetlands. An ecological assessment of a 99-acre parcel was completed including natural community mapping, invasive plant inventory, and rare plant species documentation. The boundaries of a recently donated 26-acre parcel were identified and marked. Incorporated a new conservation software program including training. Fourteen fee-owned parcels were mapped to the conservation software. Stewardship includes payment of all related property taxes and insurance.
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IRS990/ProgSrvcAccomActy3Grp/Desc0Trails - PMA re-routed the summit trail bypassing wetlands to protect sensitive wildlife. Crushed stone was set, stone turnpikes built and culverts installed. 16 volunteers recorded 223 hours of assisting in this notable improvement of the summit trail one of the most heavily trafficked footpath in VT. A granite bench was installed along the summit trail to commemorate two long-term board members vision, service and dedication to PMAs mission. Purchased, assembled and installed a new solar powered water pump in a surface well to provide water for sheep that graze on invasive glossy buckthorn on the Putney Mountain Summit Clearing. Also purchased additional fencing to keep the sheep secure.
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