Civic Intelligence

Talcott Mountain Science Center

EIN 06-0860469 • 501(c)3 • Avon, CT

Profile

To provide opportunities for advanced studies of math and science as well as primary education for grades Kindergarten through eight. In addition, the Center provides educational training for teachers in school districts throughout the State of Connecticut.

324 Montevideo RoadAvon, CT 06001

www.tmsc.org

Siviq Scores

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

Liabilities / Assets

96th percentile

1.44x

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

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

Liabilities / Revenue

84th percentile

0.65x

Higher debt load relative to revenue than 84% of similar nonprofits.

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

Net Margin

18th percentile

-15%

Higher net margin than 18% of similar nonprofits.

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

Top Officer Pay

83rd percentile

$155,000

Higher top officer pay than 83% of similar nonprofits.

Top officer pay equals 6.4% of source-year revenue.

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

Asset Growth

2nd percentile

-85%

Faster asset growth than 2% of similar nonprofits.

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

Revenue Growth

51st percentile

7.9%

Faster revenue growth than 51% of similar nonprofits.

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

Assets

Down

$1,099,884

Down $6,229,166 (-85%) from 2023

Liabilities

Down

$1,579,130

Down $106,287 (-6.3%) from 2023

Net Assets

Down

-$479,246

Down $6,122,879 (-108%) from 2023

Revenue

Up

$2,415,497

Up $177,855 (+7.9%) from 2023

Expenses

Up

$2,776,592

Up $462,422 (+20%) from 2023

Net Income

Down

-$361,095

Down $284,567 (-372%) from 2023

Trend Graphs

Balance Sheet Trend

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

$8.0M$6.0M$4.0M$2.0M$0-$2.0MAssets 2010: $6,444,158Liabilities 2010: $1,779,811Net Assets 2010: $4,664,3472010Assets 2011: $5,916,119Liabilities 2011: $1,211,420Net Assets 2011: $4,704,6992011Assets 2012: $6,127,328Liabilities 2012: $1,462,179Net Assets 2012: $4,665,1492012Assets 2013: $6,030,057Liabilities 2013: $1,322,900Net Assets 2013: $4,707,1572013Assets 2014: $6,272,338Liabilities 2014: $1,556,756Net Assets 2014: $4,715,5822014Assets 2015: $6,358,173Liabilities 2015: $1,627,897Net Assets 2015: $4,730,2762015Assets 2016: $6,342,716Liabilities 2016: $1,445,814Net Assets 2016: $4,896,9022016Assets 2017: $6,333,146Liabilities 2017: $1,359,501Net Assets 2017: $4,973,6452017Assets 2018: $6,474,809Liabilities 2018: $1,248,882Net Assets 2018: $5,225,9272018Assets 2019: $6,357,829Liabilities 2019: $1,383,716Net Assets 2019: $4,974,1132019Assets 2020: $6,484,905Liabilities 2020: $1,426,481Net Assets 2020: $5,058,4242020Assets 2021: $6,737,961Liabilities 2021: $1,270,302Net Assets 2021: $5,467,6592021Assets 2022: $7,155,573Liabilities 2022: $1,435,613Net Assets 2022: $5,719,9602022Assets 2023: $7,329,050Liabilities 2023: $1,685,417Net Assets 2023: $5,643,6332023Assets 2024: $1,099,884Liabilities 2024: $1,579,130Net Assets 2024: -$479,2462024

Highlighted filing

2024

Assets$1,099,884
Liabilities$1,579,130
Net Assets-$479,246

Operations Trend

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

$3.0M$2.0M$1.0M$0-$1.0MExpenses 2010: $2,183,6782010Revenue 2011: $1,499,135Expenses 2011: $1,490,923Net Income 2011: $8,2122011Expenses 2012: $1,779,0272012Revenue 2013: $1,658,654Expenses 2013: $1,627,482Net Income 2013: $31,1722013Revenue 2014: $1,743,966Expenses 2014: $1,745,867Net Income 2014: -$1,9012014Revenue 2015: $1,967,703Expenses 2015: $1,918,769Net Income 2015: $48,9342015Revenue 2016: $2,094,496Expenses 2016: $1,936,183Net Income 2016: $158,3132016Revenue 2017: $1,910,788Expenses 2017: $1,871,075Net Income 2017: $39,7132017Revenue 2018: $1,823,112Expenses 2018: $1,642,466Net Income 2018: $180,6462018Revenue 2019: $1,718,082Expenses 2019: $1,885,053Net Income 2019: -$166,9712019Revenue 2020: $1,706,549Expenses 2020: $1,615,761Net Income 2020: $90,7882020Revenue 2021: $2,270,486Expenses 2021: $1,821,533Net Income 2021: $448,9532021Revenue 2022: $2,346,968Expenses 2022: $2,086,649Net Income 2022: $260,3192022Revenue 2023: $2,237,642Expenses 2023: $2,314,170Net Income 2023: -$76,5282023Revenue 2024: $2,415,497Expenses 2024: $2,776,592Net Income 2024: -$361,0952024

Highlighted filing

2024

Revenue$2,415,497
Expenses$2,776,592
Net Income-$361,095

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.10$1.58$0.48$2.42$2.78$0.36
2023Detailed filing. Detailed filing data is available for this year.$7.33$1.69$5.64$2.24$2.31$0.08
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$7.16$1.44$5.72$2.35$2.09$0.26
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$6.74$1.27$5.47$2.27$1.82$0.45
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$6.48$1.43$5.06$1.71$1.62$0.09
2019Facts available. Structured filing facts are available, but richer extracted sections are limited.$6.36$1.38$4.97$1.72$1.89$0.17
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$6.47$1.25$5.23$1.82$1.64$0.18
2017Detailed filing. Detailed filing data is available for this year.$6.33$1.36$4.97$1.91$1.87$0.04
2016Detailed filing. Detailed filing data is available for this year.$6.34$1.45$4.90$2.09$1.94$0.16
2015Detailed filing. Detailed filing data is available for this year.$6.36$1.63$4.73$1.97$1.92$0.05
2014Detailed filing. Detailed filing data is available for this year.$6.27$1.56$4.72$1.74$1.75$0.00
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$6.03$1.32$4.71$1.66$1.63$0.03
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$6.13$1.46$4.67$1.78
2011Summary only. Only limited summary data is available for this year.$5.92$1.21$4.70$1.50$1.49$0.01
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$6.44$1.78$4.66$2.18
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Sep 1, 2023 to Aug 31, 2024
Signed
May 27, 2025
Return Version
2023v6.0
Gross Receipts
$2,426,868
Mission and Program Overview

Mission

To inspire a love of learning through discovery and engagement; to explore the interconnected nature of science, technology and our ever-changing world; and to be the catalyst that unlocks the potential within each individual.

Inspiring today's children to invent tomorrow.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$810,647$456,385▼ $354,262
Land, Buildings, and Equipment, Net$478,769$420,968▼ $57,801
Cash and Non-Interest-Bearing Accounts$205,105$115,239▼ $89,866
Accounts Receivable$29,690$62,208▲ $32,518
Prepaid Expenses and Deferred Charges$18,500$18,679▲ $179
Total Assets$1,567,266$1,099,884▼ $467,382
Other Assets Total$24,555$26,405▲ $1,850
Liabilities
Mortgage Notes Payable Secured by Investment Property$593,563$989,798▲ $396,235
Deferred Revenue$880,653$403,329▼ $477,324
Accounts Payable and Accrued Expenses$127,922$94,291▼ $33,631
Unsecured Notes Loans Payable$61,464$49,123▼ $12,341
Other Liabilities$21,815$42,589▲ $20,774
Total Liabilities$1,685,417$1,579,130▼ $106,287
Net Assets / Fund Balance
Net Assets With Donor Restrictions$439,186$436,186▼ $3,000
Net Assets Without Donor Restrictions$-557,337$-915,432▼ $358,095
Total Net Assets Fund Balance$-118,151$-479,246▼ $361,095
Total Liabilities and Net Assets / Fund Balance$1,567,266$1,099,884▼ $467,382

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$273,315$1,898,343$2,171,658
Equipment$90,596$256,201$346,797
Other Land Buildings$57,057$175,528$232,585

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2023$75,571-▲ $2,937-$78,508
2022$73,686-▲ $1,885-$75,571
2021$73,522-▲ $164-$73,686
2020$73,447-▲ $75-$73,522
2019$54,552-▲ $18,895-$73,447
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Jeff MartinExecutive DiFT$155,000-$155,000
Jeff MartinExecutive Director-$140,000$15,000$155,000
Revenue and Support

Revenue Composition

Contributions and Grants
$587,548
Program Service Revenue
$1,667,786
Investment Income
$25,946
Other Revenue
$134,217
All Other Contributions
$306,416
Change in Net Assets
$-361,095

Audited Revenue Reconciliation

Revenue per Audited Statements
$2,415,347
Revenue Not Reported on Financial Statements
$150
Revenue Not Reported on Form 990
$11,371
Total Revenue per Audited Statements
$2,426,718
Total Revenue per Form 990
$2,415,497
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$1,831,206
Other Expenses$945,386
Total Fundraising Expense$20,806
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$1,272,232$189,374-$1,461,606
Occupancy$217,915$54,441-$272,356
Current Officers, Directors, Trustees, and Key Employees$131,750$22,669-$154,419
Payroll Taxes$100,292$17,283-$117,575
Office Expenses$12,915$64,793-$77,708
All Other Expenses$40,766$11,727$20,806$73,299
Other Employee Benefits$58,183$10,154-$68,337
Depreciation Depletion$57,806--$57,806
Advertising$44,672--$44,672
Other Expenses$32,185--$32,185
Pension Plan Contributions$24,879$4,390-$29,269
Fees for Services Accounting$11,180$17,911-$29,091
Insurance-$8,404-$8,404
Fees for Services Legal$2,065--$2,065
Fees for Services Other$1,950--$1,950
Travel$1,432--$1,432
Fees for Service Investment Mgmnt Fees-$150-$150
Total Functional Expenses$2,354,490$401,296$20,806$2,776,592

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$2,787,813
Total Expenses per Form 990$2,776,592
Expenses per Audited Statements$2,776,442
Expenses Not Reported on Form 990$11,371
Expenses Not Reported on Financial Statements$150
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
Due to Funding Source$18,638
Operating Lease Liability$14,491
Finance Lease Liability$9,460
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
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, Page 6, Part VI, Line 11B

Prior to its filing with the internal revenue service the form 990 is reviewed by the executive director, business manager and board chair. Then it is sent to the audit committee for review. Once approved by the audit committee it is sent to the full board for approval by full board vote.

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

On an annual basis all board of trustees members must sign a conflict of interest statement noting no conflicts exist between the board member and the organization.

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

Each spring the executive director provides the executive director performance and compensation committee, a subcommittee of the board of trustees, a written summary of his progress towards the goals set at the beginning of the previous year along with goals for the next year. This document is reviewed by the committee and discussions are held with the center's staff, administration and other members of the center's community regarding the performance of the executive director. This information is gathered, discussed with the board of trustees at their annual meeting and new goals are determined for the executive director along with his new compensation package. Compensation for the executive director is based on his performance and comparable salaries of individuals in similar positions and schools as the center's executive director.

Form 990, Page 6, Part VI, Line 19

The organization's governing documents and form 990 are available upon request.

Filing and Contact Details

Filer

Filer Name
Talcott Mountain Science Center
EIN
06-0860469
Phone
8606778571
Address
324 MONTEVIDEO ROAD, AVON, CT 06001

Signing Officer

Name
Jeff Martin
Title
Executive Director
Phone
8606778571
Signed
2025-05-27
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Jeff Martin
Formed
1970
Legal Domicile
Ct
Voting Board Members
13
Independent Board Members
13
Employees
67
Volunteers
19

Preparer

Firm
Budwitz & Meyerjack Pc
Address
322 MAIN ST, FARMINGTON, CT 06032
Preparer
Jessica L Bragg CPA
Phone
8606774697
Supplemental Narrative

Additional Explanations

Form 990, Part XI, Line 9

Rental expenses 11,371 rental expenses -11,371 a prior period adjustment was recorded for fiscal year 2023 to properly record the capital assets of talcott mountain science center for student involvement, inc. And the related depreciation expense. Depreciation expense was never calculated or recorded by the center in the past. This prior period adjustment affected the assets and net assets of the center.

Financial Statement Notes

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

RENTAL EXPENSES 11,371

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

RENTAL EXPENSES 11,371

Raw XML AppendixShowing 400 of 538 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
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