The Trustees and Proprietors of Bacon

EIN 06-1293258 • 501(c)3 • Colchester, CT

Profile

The Trustees and Proprietors of Bacon Academy (the Corporation) is operated exclusively for charitable purposes, for the benefit of the citizens of the town of Colchester, Connecticut, including the promotion of education and the support of the Bacon Academy, lessening the burdens of government, and supporting the preservation of historic buildings.The Corporation operates an educational scholarship and award program (the scholarship and award program) through which the Corporation provides educational scholarship and educational awards to students of Colchester High School. The scholarship and award program is administered by members of the Corporations Board of Trustees with input from members of Colchester High Schools Guidance Department. The scholarship and award program furthers the Corporations charitable purposes by promoting education.

PO Box 67Colchester, CT 06415

n/A

Siviq Scores

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

No value available

Liabilities-to-assets requires both liabilities and assets on the latest valid filing.

Source year 2024

No value available

Liabilities-to-revenue requires both liabilities and revenue on the latest valid filing.

Source year 2024

14%

Higher net margin than 68% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2024

Higher top officer pay than 81% of similar nonprofits.

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

501(c)3 • <$500k nonprofits • Source year 2024

15%

Faster asset growth than 72% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2023 to 2024

128%

Faster revenue growth than 93% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2023 to 2024

Balance Sheet

Liabilities / AssetsScore unavailable

Assets

$375,612

Up $48,904 (+15%) from 2023

Liabilities

No earlier filing loaded for comparison.

Net Assets

$375,612

Up $48,904 (+15%) from 2023

Operations

Liabilities / RevenueScore unavailable Net Margin68th percentile

Revenue

$94,779

Up $53,262 (+128%) from 2023

Expenses

$81,865

Up $31,253 (+62%) from 2023

Net Income

$12,914

Up $22,009 (+242%) from 2023

Trend Graphs

Balance Sheet Trend

Asset Growth72nd percentile

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

Highlighted filing

2024

Assets$375,612

Liabilities-

Net Assets$375,612

Open 2024 Filing

Operations Trend

Revenue Growth93rd percentile

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

Highlighted filing

2024

Revenue$94,779

Expenses$81,865

Net Income$12,914

Open 2024 Filing

Filings

Most recent year

2024 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing

Assets: $375,612
Liabilities: -
Net assets: $375,612
Revenue: $94,779
Expenses: $81,865
Net income: $12,914

	Balance Sheet			Operations
Year	Assets	Liabilities	Net Assets	Revenue	Expenses	Net Income
2024Detailed filing. Detailed filing data is available for this year.	$3.76		$3.76	$0.95	$0.82	$0.13
2023Detailed filing. Detailed filing data is available for this year.	$3.27	$0.00	$3.27	$0.42	$0.51	$0.09
2022Import issue. A filing source exists for this year, but detailed import did not complete cleanly.	$3.39	$0.00	$3.39	$0.67	$0.81	$0.14
2021Detailed filing. Detailed filing data is available for this year.	$4.08	$0.00	$4.08	$0.56	$0.52	$0.04
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.	$3.70	$0.00	$3.70	$1.19	$0.55	$0.64
2018Summary only. Only limited summary data is available for this year.	$2.81	$0.00		$0.37	$1.35	$0.99
2017Summary only. Only limited summary data is available for this year.	$3.80	$0.00	$3.80	$3.03	$0.67	$2.36