Civic Intelligence

Dudley Foundation Inc.

990 • Fiscal year 2020 • EIN 06-1409967

Jan 01, 2020 to Dec 31, 2020 • Filed on Nov 07, 2021

2351 Durham RoadGuilford, CT 06437

(203) 457-0770

Siviq Scores

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

Liabilities / Assets

37th percentile

0.01x

Higher debt load relative to assets than 37% of similar nonprofits.

2020 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2020

Liabilities / Revenue

53rd percentile

0.08x

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

2020 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2020

Net Margin

91st percentile

55%

Higher net margin than 91% of similar nonprofits.

2020 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2020

Top Officer Pay

51st percentile

$0

Higher top officer pay than 51% of similar nonprofits.

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

2020 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2020

Asset Growth

46th percentile

4.7%

Faster asset growth than 46% of similar nonprofits.

2020 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2019 to 2020

Revenue Growth

76th percentile

23%

Faster revenue growth than 76% of similar nonprofits.

2020 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2019 to 2020

Assets

Up

$929,918

Up $41,459 (+4.7%) from 2019

Net Assets

Up

$922,994

Up $50,377 (+5.8%) from 2019

Liabilities

Down

$6,924

Down $8,918 (-56%) from 2019

Revenue

Up

$91,789

Up $17,294 (+23%) from 2019

Expenses

Down

$41,412

Down $4,003 (-8.8%) from 2019

Net Income

Up

$50,377

Up $21,297 (+73%) from 2019

Historical Trend

Balance Sheet Trend

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

$1.5M$1.0M$500K$0Assets 2011: $606,922Liabilities 2011: $54,936Net Assets 2011: $551,9862011Assets 2012: $612,138Liabilities 2012: $43,951Net Assets 2012: $568,1872012Assets 2013: $621,998Liabilities 2013: $43,059Net Assets 2013: $578,9392013Assets 2014: $594,711Liabilities 2014: $39,642Net Assets 2014: $555,0692014Assets 2015: $670,871Liabilities 2015: $42,619Net Assets 2015: $628,2522015Assets 2016: $745,231Liabilities 2016: $31,447Net Assets 2016: $713,7842016Assets 2017: $833,146Liabilities 2017: $32,532Net Assets 2017: $800,6142017Assets 2018: $861,446Liabilities 2018: $17,909Net Assets 2018: $843,5372018Assets 2019: $888,459Liabilities 2019: $15,842Net Assets 2019: $872,6172019Assets 2020: $929,918Liabilities 2020: $6,924Net Assets 2020: $922,9942020Assets 2021: $978,504Liabilities 2021: $20,349Net Assets 2021: $958,1552021Assets 2022: $1,056,746Liabilities 2022: $13,099Net Assets 2022: $1,043,6472022Assets 2023: $1,149,131Liabilities 2023: $12,499Net Assets 2023: $1,136,6322023Assets 2024: $1,171,171Liabilities 2024: $12,249Net Assets 2024: $1,158,9222024

Highlighted filing

2020

Assets$929,918
Liabilities$6,924
Net Assets$922,994

Operations Trend

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

$300K$200K$100K$0-$100KRevenue 2011: $25,284Expenses 2011: $15,981Net Income 2011: $9,3032011Revenue 2012: $31,687Expenses 2012: $15,486Net Income 2012: $16,2012012Revenue 2013: $27,829Expenses 2013: $17,077Net Income 2013: $10,7522013Revenue 2014: -$4,205Expenses 2014: $19,665Net Income 2014: -$23,8702014Revenue 2015: $96,813Expenses 2015: $23,641Net Income 2015: $73,1722015Revenue 2016: $120,808Expenses 2016: $35,276Net Income 2016: $85,5322016Revenue 2017: $126,441Expenses 2017: $39,611Net Income 2017: $86,8302017Revenue 2018: $85,883Expenses 2018: $42,960Net Income 2018: $42,9232018Revenue 2019: $74,495Expenses 2019: $45,415Net Income 2019: $29,0802019Revenue 2020: $91,789Expenses 2020: $41,412Net Income 2020: $50,3772020Revenue 2021: $82,043Expenses 2021: $46,882Net Income 2021: $35,1612021Revenue 2022: $203,318Expenses 2022: $116,106Net Income 2022: $87,2122022Revenue 2023: $142,777Expenses 2023: $86,429Net Income 2023: $56,3482023Revenue 2024: $80,083Expenses 2024: $93,280Net Income 2024: -$13,1972024

Highlighted filing

2020

Revenue$91,789
Expenses$41,412
Net Income$50,377
Jump To
Filing Snapshot
Filing Period
Jan 1, 2020 to Dec 31, 2020
Signed
Nov 7, 2021
Return Version
2020v4.0
Gross Receipts
$115,124
Mission and Program Overview

Mission

The dudley foundation operates the dudley farm which is a 19th-century farm located on ten acres in north guilford,ct. Activities at the farm center around the historic restora- tion of the land and buildings and its return as a working farm. These activities act as a focus for learning and illustrating life on a 19th-century farm and understanding its role historically and agriculturally and its place in the larger ecosystem.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$863,549$872,380▲ $8,831
Savings and Temporary Cash Investments$17,622$55,632▲ $38,010
Cash and Non-Interest-Bearing Accounts$7,288$1,906▼ $5,382
Total Assets$888,459$929,918▲ $41,459
Liabilities
Other Liabilities$15,842$6,924▼ $8,918
Total Liabilities$15,842$6,924▼ $8,918
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$872,617$922,994▲ $50,377
Total Net Assets Fund Balance$872,617$922,994▲ $50,377
Total Liabilities and Net Assets / Fund Balance$888,459$929,918▲ $41,459

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$872,380-$872,380
Compensation and Service Providers

Board Members and Trustees

NameTitle
William BlackPresident
Donald HomerDirector
Doug WilliamsonDirector
James PowersDirector
Kendrick NorrisDirector
Laurie CarawayDirector
Oliver ScrantonDirector
Raymond GuimontDirector
Robert GuadagnoDirector
Thomas LeddyDirector
Jerri GuadagnoSecretary
Thomas CostTreasurer
Janet DudleyVice Preside
Revenue and Support

Revenue Composition

Contributions and Grants
$57,145
Program Service Revenue
$0
Investment Income
$11
Other Revenue
$34,633
All Other Contributions
$52,232
Change in Net Assets
$50,377
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$41,412
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Management$14,100$4,700-$18,800
Insurance$5,712$5,712-$11,424
Occupancy-$2,054-$2,054
Office Expenses-$1,567-$1,567
Fees for Services Accounting-$950-$950
Other Expenses$2,285$645-$645
Advertising-$558-$558
Total Functional Expenses$22,097$19,315$0$41,412
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$14,586
Fundraising Direct Expenses$5,051
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
Tenant Security Deposits$6,920
Sales Tax Payable$4
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
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
No
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

The treasurer reviews the form 990, and reports and significant/unusual items to the board of directors.

Form 990, Page 6, Part VI, Line 19

These documents are made available to the public upon request.

Filing and Contact Details

Filer

Filer Name
Dudley Foundation Inc
EIN
06-1409967
Phone
2034570770
Address
2351 DURHAM ROAD, GUILFORD, CT 06437

Signing Officer

Name
William Black
Title
President
Phone
2034570770
Signed
2021-11-07
Discuss with paid preparer
Yes

Organization Details

Principal Officer
William Black
Legal Domicile
Ct
Voting Board Members
13
Independent Board Members
13
Employees
0
Volunteers
25

Preparer

Firm
Brierley Cadwell & Possidente LLC
Address
741 BOSTON POST RD STE 307, GUILFORD, CT 06437-2638
Preparer
Dennis M Cadwell CPA
Phone
2034532989
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

The dudley foundation operates the dudley farm which is a 19th-century farm located on ten acres in north guilford,ct. Activities at the farm center around the historic restora- tion of the land and buildings and its return as a working farm. These activities act as a focus for learning and illustrating life on a 19th-century farm and understanding its role historically and agriculturally and its place in the larger ecosystem.

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IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt043261
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt068341
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt0125789
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt095832
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt0390368
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt011
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt0110
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt0108
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt095
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt0166
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt0490
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt043382
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt069405
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt078012
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt068968
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt082369
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt0342136
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt011
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt0110
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt0108
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt095
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt0166
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt0490
IRS990ScheduleA/InvestmentIncomeCYPct00.00000
IRS990ScheduleA/InvestmentIncomePYPct00.00000
IRS990ScheduleA/NetIncomeFromOtherUBIGrp/CurrentTaxYearAmt08535
IRS990ScheduleA/NetIncomeFromOtherUBIGrp/TotalAmt08535
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.98780
IRS990ScheduleA/PublicSupportPY509Pct00.99930
IRS990ScheduleA/PublicSupportTotal509Amt0732504
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0100527
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0112666
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0146353
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0194757
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0178201
IRS990ScheduleA/Total509Grp/TotalAmt0732504
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0109073
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0112776
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt0146461
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt0194852
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt0178367
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt0741529
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/BuildingsGrp/BookValueAmt0872380
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt0872380
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt06920
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt14
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0TENANT SECURITY DEPOSITS
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1SALES TAX PAYABLE
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0872380
IRS990ScheduleD/TotalLiabilityAmt06924
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE DUDLEY FOUNDATION OPERATES THE DUDLEY FARM WHICH IS A 19TH-CENTURY FARM LOCATED ON TEN ACRES IN NORTH GUILFORD,CT. ACTIVITIES AT THE FARM CENTER AROUND THE HISTORIC RESTORA- TION OF THE LAND AND BUILDINGS AND ITS RETURN AS A WORKING FARM. THESE ACTIVITIES ACT AS A FOCUS FOR LEARNING AND ILLUSTRATING LIFE ON A 19TH-CENTURY FARM AND UNDERSTANDING ITS ROLE HISTORICALLY AND AGRICULTURALLY AND ITS PLACE IN THE LARGER ECOSYSTEM.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE TREASURER REVIEWS THE FORM 990, AND REPORTS AND SIGNIFICANT/UNUSUAL ITEMS TO THE BOARD OF DIRECTORS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THESE DOCUMENTS ARE MADE AVAILABLE TO THE PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990 - ORGANIZATION'S MISSION
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 19
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt0888459
IRS990/TotalAssetsEOYAmt0929918
IRS990/TotalAssetsGrp/BOYAmt0888459
IRS990/TotalAssetsGrp/EOYAmt0929918
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt057145
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt019315
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt022097
IRS990/TotalFunctionalExpensesGrp/TotalAmt041412
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt015842
IRS990/TotalLiabilitiesEOYAmt06924
IRS990/TotalLiabilitiesGrp/BOYAmt015842
IRS990/TotalLiabilitiesGrp/EOYAmt06924
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0872617
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0922994
IRS990/TotalProgramServiceExpensesAmt022097
IRS990/TotalRevenueGrp/ExclusionAmt09546
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt025098
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt091789
IRS990/TotalVolunteersCnt025
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0888459
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0929918
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/USAddress/AddressLine1Txt02351 DURHAM ROAD
IRS990/USAddress/CityNm0GUILFORD
IRS990/USAddress/StateAbbreviationCd0CT
IRS990/USAddress/ZIPCd006437
IRS990/VotingMembersGoverningBodyCnt013
IRS990/VotingMembersIndependentCnt013
IRS990/WebsiteAddressTxt0WWW.DUDLEYFARM.COM
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0WILLIAM BLACK
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum02034570770
ReturnHeader/BusinessOfficerGrp/SignatureDt02021-11-07
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0DUDLEY FOUNDATION INC
ReturnHeader/Filer/BusinessNameControlTxt0DUDL
ReturnHeader/Filer/EIN0061409967
ReturnHeader/Filer/PhoneNum02034570770
ReturnHeader/Filer/USAddress/AddressLine1Txt02351 DURHAM ROAD
ReturnHeader/Filer/USAddress/CityNm0GUILFORD
ReturnHeader/Filer/USAddress/StateAbbreviationCd0CT
ReturnHeader/Filer/USAddress/ZIPCd006437
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0204202056
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0BRIERLEY CADWELL & POSSIDENTE LLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0741 BOSTON POST RD STE 307
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0GUILFORD
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0CT
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0064372638
ReturnHeader/PreparerPersonGrp/PhoneNum02034532989
ReturnHeader/PreparerPersonGrp/PreparationDt02021-11-07
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0DENNIS M CADWELL CPA
ReturnHeader/PreparerPersonGrp/SelfEmployedInd0X
ReturnHeader/ReturnTs02021-11-12T14:51:59-06:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0WILLIAM
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0BLACK
ReturnHeader/TaxPeriodBeginDt02020-01-01
ReturnHeader/TaxPeriodEndDt02020-12-31
ReturnHeader/TaxYr02020

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$1.17$0.01$1.16$0.08$0.09$0.01
2023Detailed filing. Detailed filing data is available for this year.$1.15$0.01$1.14$0.14$0.09$0.06
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.06$0.01$1.04$0.20$0.12$0.09
2021Detailed filing. Detailed filing data is available for this year.$0.98$0.02$0.96$0.08$0.05$0.04
2020Detailed filing. Detailed filing data is available for this year.$0.93$0.01$0.92$0.09$0.04$0.05
2019Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.89$0.02$0.87$0.07$0.05$0.03
2018Summary only. Only limited summary data is available for this year.$0.86$0.02$0.84$0.09$0.04$0.04
2017Summary only. Only limited summary data is available for this year.$0.83$0.03$0.80$0.13$0.04$0.09
2016Summary only. Only limited summary data is available for this year.$0.75$0.03$0.71$0.12$0.04$0.09
2015Summary only. Only limited summary data is available for this year.$0.67$0.04$0.63$0.10$0.02$0.07
2014Summary only. Only limited summary data is available for this year.$0.59$0.04$0.56$0.00$0.02$0.02
2013Summary only. Only limited summary data is available for this year.$0.62$0.04$0.58$0.03$0.02$0.01
2012Summary only. Only limited summary data is available for this year.$0.61$0.04$0.57$0.03$0.02$0.02
2011Summary only. Only limited summary data is available for this year.$0.61$0.05$0.55$0.03$0.02$0.01