Civic Intelligence

Bridgewater Veterans Inc

990 • Fiscal year 2019 • EIN 04-2084695

Jan 01, 2019 to Dec 31, 2019 • Filed on Nov 04, 2020

PO Box 17Bridgewater, MA 02324

(508) 697-9874

Siviq Scores

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

Liabilities / Assets

76th percentile

0.03x

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

2019 filings • 501(c)19 • <$500k nonprofits • Source year 2019

Liabilities / Revenue

80th percentile

0.07x

Higher debt load relative to revenue than 80% of similar nonprofits.

2019 filings • 501(c)19 • <$500k nonprofits • Source year 2019

Net Margin

34th percentile

-5.1%

Higher net margin than 34% of similar nonprofits.

2019 filings • 501(c)19 • <$500k nonprofits • Source year 2019

Top Officer Pay

98th percentile

$26,000

Higher top officer pay than 98% of similar nonprofits.

Top officer pay equals 12.3% of source-year revenue.

2019 filings • 501(c)19 • <$500k nonprofits • Source year 2019

Asset Growth

41st percentile

-1.8%

Faster asset growth than 41% of similar nonprofits.

2019 filings • 501(c)19 • <$500k nonprofits • Annualized from 2018 to 2019

Revenue Growth

30th percentile

-12%

Faster revenue growth than 30% of similar nonprofits.

2019 filings • 501(c)19 • <$500k nonprofits • Annualized from 2018 to 2019

Assets

Down

$429,656

Down $7,954 (-1.8%) from 2018

Net Assets

Down

$415,382

Down $10,772 (-2.5%) from 2018

Liabilities

Up

$14,274

Up $2,818 (+25%) from 2018

Revenue

Down

$211,835

Down $28,927 (-12%) from 2018

Expenses

Down

$222,607

Down $16,557 (-6.9%) from 2018

Net Income

Down

-$10,772

Down $12,370 (-774%) from 2018

Historical Trend

Balance Sheet Trend

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

$600K$400K$200K$0Assets 2011: $523,644Liabilities 2011: $85,983Net Assets 2011: $437,6612011Assets 2012: $457,668Liabilities 2012: $76,485Net Assets 2012: $381,1832012Assets 2013: $460,406Liabilities 2013: $14,808Net Assets 2013: $445,5982013Assets 2014: $465,560Liabilities 2014: $10,000Net Assets 2014: $455,5602014Assets 2015: $456,489Liabilities 2015: $21,361Net Assets 2015: $435,1282015Assets 2016: $444,531Liabilities 2016: $8,651Net Assets 2016: $435,8802016Assets 2017: $434,321Liabilities 2017: $9,765Net Assets 2017: $424,5562017Assets 2018: $437,610Liabilities 2018: $11,456Net Assets 2018: $426,1542018Assets 2019: $429,656Liabilities 2019: $14,274Net Assets 2019: $415,3822019Assets 2020: $404,107Liabilities 2020: $27,092Net Assets 2020: $377,0152020Assets 2021: $439,648Liabilities 2021: $17,292Net Assets 2021: $422,3562021Assets 2022: $462,712Liabilities 2022: $4,019Net Assets 2022: $458,6932022Assets 2023: $479,842Liabilities 2023: $7,205Net Assets 2023: $472,6372023Assets 2024: $496,064Liabilities 2024: $11,316Net Assets 2024: $484,7482024Assets 2025: $463,764Liabilities 2025: $9,043Net Assets 2025: $454,7212025

Highlighted filing

2019

Assets$429,656
Liabilities$14,274
Net Assets$415,382

Operations Trend

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

$400K$300K$200K$100K$0-$100KRevenue 2011: $304,436Expenses 2011: $345,624Net Income 2011: -$41,1882011Expenses 2012: $345,1012012Revenue 2013: $221,609Expenses 2013: $208,715Net Income 2013: $12,8942013Revenue 2014: $227,975Expenses 2014: $218,013Net Income 2014: $9,9622014Revenue 2015: $208,644Expenses 2015: $229,076Net Income 2015: -$20,4322015Revenue 2016: $240,263Expenses 2016: $239,511Net Income 2016: $7522016Revenue 2017: $231,705Expenses 2017: $243,029Net Income 2017: -$11,3242017Revenue 2018: $240,762Expenses 2018: $239,164Net Income 2018: $1,5982018Revenue 2019: $211,835Expenses 2019: $222,607Net Income 2019: -$10,7722019Revenue 2020: $110,147Expenses 2020: $149,190Net Income 2020: -$39,0432020Revenue 2021: $235,045Expenses 2021: $207,836Net Income 2021: $27,2092021Revenue 2022: $282,374Expenses 2022: $246,037Net Income 2022: $36,3372022Revenue 2023: $282,377Expenses 2023: $268,434Net Income 2023: $13,9432023Revenue 2024: $252,960Expenses 2024: $240,848Net Income 2024: $12,1122024Revenue 2025: $255,931Expenses 2025: $282,124Net Income 2025: -$26,1932025

Highlighted filing

2019

Revenue$211,835
Expenses$222,607
Net Income-$10,772
Jump To
Filing Snapshot
Filing Period
Jan 1, 2019 to Dec 31, 2019
Signed
Nov 4, 2020
Return Version
2019v5.0
Gross Receipts
$332,727
Mission and Program Overview

Mission

To promote and carryout the advancement of social, cultural and political activities among our members.

N/A EXPT 501C 19

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$342,307$329,566▼ $12,741
Savings and Temporary Cash Investments$75,305$79,384▲ $4,079
Inventories for Sale or Use$15,990$15,065▼ $925
Accounts Receivable$2,648$2,919▲ $271
Cash and Non-Interest-Bearing Accounts$1,360$2,722▲ $1,362
Other Notes and Loans Receivable, Net-$0-
Pledges and Grants Receivable-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Investments in Publicly Traded Securities-$0-
Intangible Assets-$0-
Prepaid Expenses and Deferred Charges-$0-
Total Assets$437,610$429,656▼ $7,954
Other Assets Total-$0-
Liabilities
Accounts Payable and Accrued Expenses$6,172$11,500▲ $5,328
Other Liabilities$5,284$2,774▼ $2,510
Total Liabilities$11,456$14,274▲ $2,818
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$426,154$415,382▼ $10,772
Total Net Assets Fund Balance$426,154$415,382▼ $10,772
Total Liabilities and Net Assets / Fund Balance$437,610$429,656▼ $7,954

Asset Categories

AssetBook ValueDepreciationBasis
Leasehold Improvements$252,118$275,052$527,170
Buildings-$339,200$339,200
Other Land Buildings-$104,523$104,523
Land$75,000-$75,000
Equipment$2,448$22,231$24,679
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Paul HanneySecretaryPT$26,000$26,000

Board Members and Trustees

NameTitle
Paul HanleyPresident
Kenneth JenkinsVice President
Bill MaltbyDirector
Charles DooleyDirector
Dan AnackiDirector
George CullenDirector
Harry PrattiDirector
Henry KingDirector
Ron PicheDirector
Harry EmrickTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$133,384
Investment Income
$230
Other Revenue
$78,221
Change in Net Assets
$-10,772
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$131,229
Salaries, Compensation, and Employee Benefits$91,378
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$57,003--$57,003
Current Officers, Directors, Trustees, and Key Employees$23,400$2,600-$26,000
Insurance$14,696--$14,696
Depreciation Depletion$12,741--$12,741
Payroll Taxes$8,130$245-$8,375
All Other Expenses$5,963--$5,963
Other Expenses$3,719--$3,719
Office Expenses$1,839--$1,839
Fees for Services Accounting-$900-$900
Advertising$628--$628
Total Functional Expenses$218,862$3,745$0$222,607
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
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Sales Tax payable$1,882
PR Liabilities$891
Rounding$1
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Backup withholding compliance
No
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
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Line 11B: Form 990 Review Process

No review was or will be conducted.

Form 990, Part VI, Line 19: Other Organization Documents Publicly Available

No documents available to the public.

Filing and Contact Details

Filer

Filer Name
Bridgewater Veterans Inc
EIN
04-2084695
Phone
5086979874
Address
PO Box 17, Bridgewater, MA 02324

Signing Officer

Name
Paul Hanney
Title
President
Signed
2020-11-04
Discuss with paid preparer
Yes

Organization Details

Legal Domicile
Ma
Voting Board Members
11
Independent Board Members
0
Employees
16

Preparer

Firm
Conley & Wood Pc
Address
50 OLIVER ST STE W2, NORTH EASTON, MA 02356-1467
Preparer
Mark Conley
Phone
5082384444
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IRS990/OthNotesLoansReceivableNetGrp/EOYAmt00
IRS990/PartialLiquidationInd0false
IRS990/PaymentsToAffiliatesGrp/TotalAmt00
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt0245
IRS990/PayrollTaxesGrp/ProgramServicesAmt08130
IRS990/PayrollTaxesGrp/TotalAmt08375
IRS990/PensionPlanContributionsGrp/TotalAmt00
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt00
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt00
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/Desc0FUNCTION INCOME
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0133384
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0133384
IRS990/ProgSrvcAccomActy2Grp/Desc0THE PROMOTION OF ATHLETICS
IRS990/ProgSrvcAccomActy3Grp/Desc0TO COMPILE AND DISTRIBUTE INFORMATION TO ITS MEMBERS FOR THEIR BENEFIT
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYInvestmentIncomeAmt099
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt0141884
IRS990/PYOtherRevenueAmt0103229
IRS990/PYProgramServiceRevenueAmt0137434
IRS990/PYRevenuesLessExpensesAmt01598
IRS990/PYSalariesCompEmpBnftPaidAmt097280
IRS990/PYTotalExpensesAmt0239164
IRS990/PYTotalRevenueAmt0240762
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt0-10772
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt075305
IRS990/SavingsAndTempCashInvstGrp/EOYAmt079384
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0339200
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt0339200
IRS990ScheduleD/EquipmentGrp/BookValueAmt02448
IRS990ScheduleD/EquipmentGrp/DepreciationAmt022231
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt024679
IRS990ScheduleD/LandGrp/BookValueAmt075000
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt075000
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt0252118
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt0275052
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt0527170
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt0104523
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt0104523
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0891
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt11
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt21882
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0PR Liabilities
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1Rounding
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc2Sales Tax payable
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0329566
IRS990ScheduleD/TotalLiabilityAmt02774
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0No review was or will be conducted.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1No documents available to the public.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Line 11b: Form 990 Review Process
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Line 19: Other Organization Documents Publicly Available
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt0437610
IRS990/TotalAssetsEOYAmt0429656
IRS990/TotalAssetsGrp/BOYAmt0437610
IRS990/TotalAssetsGrp/EOYAmt0429656
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt00
IRS990/TotalEmployeeCnt016
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt03745
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0218862
IRS990/TotalFunctionalExpensesGrp/TotalAmt0222607
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt011456
IRS990/TotalLiabilitiesEOYAmt014274
IRS990/TotalLiabilitiesGrp/BOYAmt011456
IRS990/TotalLiabilitiesGrp/EOYAmt014274
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0426154
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0415382
IRS990/TotalProgramServiceRevenueAmt0133384
IRS990/TotalReportableCompFromOrgAmt026000
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0211835
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0211835
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0437610
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0429656
IRS990/TravelGrp/TotalAmt00
IRS990/TypeOfOrganizationAssocInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/USAddress/AddressLine1Txt0PO Box 17
IRS990/USAddress/CityNm0Bridgewater
IRS990/USAddress/StateAbbreviationCd0MA
IRS990/USAddress/ZIPCd0023240017
IRS990/VotingMembersGoverningBodyCnt011
IRS990/VotingMembersIndependentCnt00
IRS990/WebsiteAddressTxt0N/A
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02021-04-22 16:20:28Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0PAUL HANNEY
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0President
ReturnHeader/BusinessOfficerGrp/SignatureDt02020-11-04
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0Bridgewater Veterans Inc
ReturnHeader/Filer/BusinessNameControlTxt0BRID
ReturnHeader/Filer/EIN0042084695
ReturnHeader/Filer/PhoneNum05086979874
ReturnHeader/Filer/USAddress/AddressLine1Txt0PO Box 17
ReturnHeader/Filer/USAddress/CityNm0Bridgewater
ReturnHeader/Filer/USAddress/StateAbbreviationCd0MA
ReturnHeader/Filer/USAddress/ZIPCd002324
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0043401628
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0CONLEY & WOOD PC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt050 OLIVER ST STE W2
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0NORTH EASTON
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0MA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0023561467
ReturnHeader/PreparerPersonGrp/PhoneNum05082384444

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$4.64$0.09$4.55$2.56$2.82$0.26
2024Detailed filing. Detailed filing data is available for this year.$4.96$0.11$4.85$2.53$2.41$0.12
2023Detailed filing. Detailed filing data is available for this year.$4.80$0.07$4.73$2.82$2.68$0.14
2022Detailed filing. Detailed filing data is available for this year.$4.63$0.04$4.59$2.82$2.46$0.36
2021Detailed filing. Detailed filing data is available for this year.$4.40$0.17$4.22$2.35$2.08$0.27
2020Detailed filing. Detailed filing data is available for this year.$4.04$0.27$3.77$1.10$1.49$0.39
2019Detailed filing. Detailed filing data is available for this year.$4.30$0.14$4.15$2.12$2.23$0.11
2018Detailed filing. Detailed filing data is available for this year.$4.38$0.11$4.26$2.41$2.39$0.02
2017Detailed filing. Detailed filing data is available for this year.$4.34$0.10$4.25$2.32$2.43$0.11
2016Detailed filing. Detailed filing data is available for this year.$4.45$0.09$4.36$2.40$2.40$0.01
2015Detailed filing. Detailed filing data is available for this year.$4.56$0.21$4.35$2.09$2.29$0.20
2014Summary only. Only limited summary data is available for this year.$4.66$0.10$4.56$2.28$2.18$0.10
2013Detailed filing. Detailed filing data is available for this year.$4.60$0.15$4.46$2.22$2.09$0.13
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.58$0.76$3.81$3.45
2011Summary only. Only limited summary data is available for this year.$5.24$0.86$4.38$3.04$3.46$0.41
Peer Organizations

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