Civic Intelligence

Stark Mountain Foundation Inc.

990 • Fiscal year 2022 • EIN 03-0369897

Oct 01, 2021 to Sep 30, 2022 • Filed on Jun 17, 2023

PO Box 1221Waitsfield, VT 05673

(802) 583-3536

Siviq Scores

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

Liabilities / Assets

31st percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2022 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2022

Liabilities / Revenue

31st percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2022 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2022

Net Margin

85th percentile

40%

Higher net margin than 85% of similar nonprofits.

2022 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2022

Top Officer Pay

53rd percentile

$0

Higher top officer pay than 53% of similar nonprofits.

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

2022 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2022

Asset Growth

55th percentile

4.3%

Faster asset growth than 55% of similar nonprofits.

2022 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2021 to 2022

Revenue Growth

11th percentile

-38%

Faster revenue growth than 11% of similar nonprofits.

2022 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2021 to 2022

Assets

Up

$746,287

Up $30,821 (+4.3%) from 2021

Net Assets

Up

$746,287

Up $30,821 (+4.3%) from 2021

Liabilities

Flat

$0

Flat from 2021

Revenue

Down

$335,709

Down $204,125 (-38%) from 2021

Expenses

Down

$202,068

Down $730,588 (-78%) from 2021

Net Income

Up

$133,641

Up $526,463 (+134%) from 2021

Historical Trend

Balance Sheet Trend

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

$3.0M$2.0M$1.0M$0Assets 2010: $66,241Net Assets 2010: $66,2412010Assets 2011: $82,338Net Assets 2011: $82,3382011Assets 2012: $41,141Net Assets 2012: $41,1412012Assets 2013: $38,279Liabilities 2013: $0Net Assets 2013: $38,2792013Assets 2014: $52,428Liabilities 2014: $0Net Assets 2014: $52,4282014Assets 2015: $58,986Liabilities 2015: $0Net Assets 2015: $58,9862015Assets 2016: $367,118Liabilities 2016: $0Net Assets 2016: $367,1182016Assets 2017: $447,604Liabilities 2017: $0Net Assets 2017: $447,6042017Assets 2018: $857,937Liabilities 2018: $0Net Assets 2018: $857,9372018Assets 2019: $2,217,519Liabilities 2019: $0Net Assets 2019: $2,217,5192019Assets 2020: $1,012,112Liabilities 2020: $0Net Assets 2020: $1,012,1122020Assets 2021: $715,466Liabilities 2021: $0Net Assets 2021: $715,4662021Assets 2022: $746,287Liabilities 2022: $0Net Assets 2022: $746,2872022Assets 2023: $904,629Liabilities 2023: $0Net Assets 2023: $904,6292023Assets 2024: $854,454Liabilities 2024: $0Net Assets 2024: $854,4542024

Highlighted filing

2022

Assets$746,287
Liabilities$0
Net Assets$746,287

Operations Trend

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

$2.0M$1.0M$0-$1.0M-$2.0MRevenue 2010: $90,503Expenses 2010: $74,338Net Income 2010: $16,1652010Revenue 2011: $86,277Expenses 2011: $70,180Net Income 2011: $16,0972011Revenue 2012: $11,791Expenses 2012: $52,988Net Income 2012: -$41,1972012Revenue 2013: $25,199Expenses 2013: $28,061Net Income 2013: -$2,8622013Revenue 2014: $22,519Expenses 2014: $8,370Net Income 2014: $14,1492014Revenue 2015: $131,678Expenses 2015: $125,120Net Income 2015: $6,5582015Revenue 2016: $611,183Expenses 2016: $320,696Net Income 2016: $290,4872016Revenue 2017: $574,399Expenses 2017: $530,989Net Income 2017: $43,4102017Revenue 2018: $1,105,186Expenses 2018: $716,549Net Income 2018: $388,6372018Revenue 2019: $1,844,692Expenses 2019: $483,346Net Income 2019: $1,361,3462019Revenue 2020: $505,108Expenses 2020: $1,719,691Net Income 2020: -$1,214,5832020Revenue 2021: $539,834Expenses 2021: $932,656Net Income 2021: -$392,8222021Revenue 2022: $335,709Expenses 2022: $202,068Net Income 2022: $133,6412022Revenue 2023: $222,639Expenses 2023: $109,346Net Income 2023: $113,2932023Revenue 2024: $182,141Expenses 2024: $325,004Net Income 2024: -$142,8632024

Highlighted filing

2022

Revenue$335,709
Expenses$202,068
Net Income$133,641
Jump To
Filing Snapshot
Filing Period
Oct 1, 2021 to Sep 30, 2022
Signed
Jun 17, 2023
Return Version
2021v4.1
Gross Receipts
$400,750
Mission and Program Overview

Mission

To preserve and protect the environment of Stark Mountain.

Balance Sheet Detail
LineBeginningEndChange
Assets
Rtn Earn Endowment Incm Other Fnds$715,466$746,287▲ $30,821
Cash and Non-Interest-Bearing Accounts$174,854$264,309▲ $89,455
Savings and Temporary Cash Investments$1,128$7,330▲ $6,202
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Cap Stk Tr Prin Current Funds$0$0→ $0
Total Assets$715,466$746,287▲ $30,821
Other Assets Total$539,484$474,648▼ $64,836
Liabilities
Accounts Payable and Accrued Expenses$0$0→ $0
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Total Net Assets Fund Balance$715,466$746,287▲ $30,821
Total Liabilities and Net Assets / Fund Balance$715,466$746,287▲ $30,821

Asset Categories

AssetBook ValueDepreciationBasis
Other Assets Org$474,648--
Compensation and Service Providers

Board Members and Trustees

NameTitle
James ElkindPresident & Treasurer
Chris StephensonDirector
Deb SteinesDirector
Deborah LesureDirector
Penelope ParsonDirector
Xander PattersonDirector (Oct - Jul)
Amory HunnewellSecretary
Revenue and Support

Revenue Composition

Contributions and Grants
$332,170
Program Service Revenue
$0
Investment Income
$920
Other Revenue
$2,619
All Other Contributions
$332,170
Change in Net Assets
$133,641

Noncash Contribution Practices

Property subject to holding requirements
No
Reviewed unusual noncash gifts
No
Third parties used for noncash contributions
No

Noncash Contributions

Contribution TypeContribution CountReported AmountValuation Method
Securities Publicly Traded5$63,750Average Share Price
Total Noncash Contributions5$63,750-
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$169,312
Other Expenses$32,756
Total Fundraising Expense$16,515
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$169,312--$169,312
Office Expenses$36$36$7,903$7,975
Information Technology$1,996$1,996$1,996$5,988
Fees for Services Accounting$0$5,420$0$5,420
Fees for Services Other$594$0$3,379$3,973
Conferences and Meetings$0$0$1,637$1,637
Advertising$434$434$434$1,302
Insurance$361$361$361$1,083
Other Expenses$952$19$19$990
Total Functional Expenses$177,194$8,359$16,515$202,068
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Mad River Glen CooperativeWaitsfield, VT-Various Projects$168,812
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$3,910
Fundraising Direct Expenses$1,291
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
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
Filing and Contact Details

Filer

Filer Name
Stark Mountain Foundation Inc
EIN
03-0369897
Phone
8025833536
Address
PO Box 1221, Waitsfield, VT 05673

Signing Officer

Name
James Elkind
Title
President & Treasurer
Phone
8025833536
Signed
2023-06-17
Discuss with paid preparer
Yes

Organization Details

Principal Officer
James Elkind
Formed
2000
Legal Domicile
Vt
Voting Board Members
6
Independent Board Members
6
Employees
0
Volunteers
15

Preparer

Firm
Tapia & Huckabay PC
Address
PO Box 38, Vergennes, VT 05491
Preparer
William S Huckabay CPA
Phone
8028707086
Supplemental Narrative

Additional Explanations

Pt VI, Line 8B

The Organization does not have committees that act on behalf of the board.

Pt VI, Line 11B

The Treasurer reviews the 990 and then sends a copy to each Board member for input before the return is filed.

Pt VI, Line 12C

Compliance is discussed informally at meetings.

Pt VI, Line 15B

The organization does not have an Executive Director or any other employees.

Pt XI

Change in Beneficial Interest in Assets Held by Others - ($102,820).

Pt VI, Line 18

Since 2012, Forms 990 are available on the Organization's website at www.starkmountain.org.

Pt VI, Line 19

Other governing documents are available upon request.

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IRS990/PaymentsToAffiliatesGrp/FundraisingAmt00
IRS990/PaymentsToAffiliatesGrp/ManagementAndGeneralAmt00
IRS990/PaymentsToAffiliatesGrp/ProgramServicesAmt00
IRS990/PaymentsToAffiliatesGrp/TotalAmt00
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/FundraisingAmt00
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt00
IRS990/PayrollTaxesGrp/ProgramServicesAmt00
IRS990/PayrollTaxesGrp/TotalAmt00
IRS990/PdInCapSrplsLandBldgEqpFundGrp/BOYAmt00
IRS990/PdInCapSrplsLandBldgEqpFundGrp/EOYAmt00
IRS990/PensionPlanContributionsGrp/FundraisingAmt00
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt00
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt00
IRS990/PensionPlanContributionsGrp/TotalAmt00
IRS990/PoliticalCampaignActyInd0false
IRS990/PrincipalOfficerNm0James Elkind
IRS990/ProfessionalFundraisingInd0false
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0538450
IRS990/PYExcessBenefitTransInd0false
IRS990/PYGrantsAndSimilarPaidAmt0906706
IRS990/PYInvestmentIncomeAmt0-167
IRS990/PymtTravelEntrtnmntPubOfclGrp/FundraisingAmt00
IRS990/PymtTravelEntrtnmntPubOfclGrp/ManagementAndGeneralAmt00
IRS990/PymtTravelEntrtnmntPubOfclGrp/ProgramServicesAmt00
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt025950
IRS990/PYOtherRevenueAmt01551
IRS990/PYRevenuesLessExpensesAmt0-392822
IRS990/PYSalariesCompEmpBnftPaidAmt00
IRS990/PYTotalExpensesAmt0932656
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0539834
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt0133641
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/RelatedOrganizationsAmt00
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0false
IRS990/ReportOtherAssetsInd0true
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt00
IRS990/RoyaltiesGrp/FundraisingAmt00
IRS990/RoyaltiesGrp/ManagementAndGeneralAmt00
IRS990/RoyaltiesGrp/ProgramServicesAmt00
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt0715466
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt0746287
IRS990/SavingsAndTempCashInvstGrp/BOYAmt01128
IRS990/SavingsAndTempCashInvstGrp/EOYAmt07330
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0Other Income Part II, Line 10 Description: Special Event Revenue 2017: 0. 2018: 0. 2019: 0. 2020: 0. 2021: 3910.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0Pt II Ln 10
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0332170
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0538450
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0496215
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt01829075
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt01100864
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt04296774
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt01
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt09
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt07873
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt014844
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt034
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt022761
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt05955
IRS990ScheduleA/InvestmentIncomeCYPct00
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearAmt03910
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus1YearAmt00
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus2YearsAmt00
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus3YearsAmt00
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus4YearsAmt00
IRS990ScheduleA/OtherIncome170Grp/TotalAmt03910
IRS990ScheduleA/OtherSupportSumAmt00
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.91970
IRS990ScheduleA/PublicSupportCY509Pct00
IRS990ScheduleA/PublicSupportPY170Pct00.92400
IRS990ScheduleA/PublicSupportTotal170Amt03976365
IRS990ScheduleA/PublicSupportTotal509Amt00
IRS990ScheduleA/SubstantialContributorsTotAmt0320409
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0332170
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0538450
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0496215
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt01829075
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt01100864
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt04296774
IRS990ScheduleA/TotalSupportAmt04323445
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/TotalAmt00
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd0true
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt0474648
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0Beneficial Interest in Assets Held by Others
IRS990ScheduleD/TotalBookValueOtherAssetsAmt0474648
IRS990ScheduleI/GrantRecordsMaintainedInd0true
IRS990ScheduleI/RecipientTable/CashGrantAmt0168812
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt0Various Projects
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt0Mad River Glen Cooperative
IRS990ScheduleI/RecipientTable/RecipientEIN0030346605
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt0PO Box 1089
IRS990ScheduleI/RecipientTable/USAddress/CityNm0Waitsfield
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd0VT
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd005673

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$0.85$0.00$0.85$0.18$0.33$0.14
2023Detailed filing. Detailed filing data is available for this year.$0.90$0.00$0.90$0.22$0.11$0.11
2022Detailed filing. Detailed filing data is available for this year.$0.75$0.00$0.75$0.34$0.20$0.13
2021Detailed filing. Detailed filing data is available for this year.$0.72$0.00$0.72$0.54$0.93$0.39
2020Detailed filing. Detailed filing data is available for this year.$1.01$0.00$1.01$0.51$1.72$1.21
2019Detailed filing. Detailed filing data is available for this year.$2.22$0.00$2.22$1.84$0.48$1.36
2018Detailed filing. Detailed filing data is available for this year.$0.86$0.00$0.86$1.11$0.72$0.39
2017Detailed filing. Detailed filing data is available for this year.$0.45$0.00$0.45$0.57$0.53$0.04
2016Detailed filing. Detailed filing data is available for this year.$0.37$0.00$0.37$0.61$0.32$0.29
2015Detailed filing. Detailed filing data is available for this year.$0.06$0.00$0.06$0.13$0.13$0.01
2014Detailed filing. Detailed filing data is available for this year.$0.05$0.00$0.05$0.02$0.01$0.01
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.04$0.00$0.04$0.03$0.03$0.00
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.04$0.04$0.01$0.05$0.04
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.08$0.08$0.09$0.07$0.02
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.07$0.07$0.09$0.07$0.02