Civic Intelligence

Avery-Copp Museum Inc.

990 • Fiscal year 2014 • EIN 20-8096779

Jan 01, 2014 to Dec 31, 2014 • Filed on Jul 01, 2015

154 Thames StreetGroton, CT 06340

(860) 445-1637

Siviq Scores

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

Liabilities / Assets

15th percentile

0.00x

Higher debt load relative to assets than 15% of similar nonprofits.

2014 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2014

Liabilities / Revenue

18th percentile

0.01x

Higher debt load relative to revenue than 18% of similar nonprofits.

2014 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2014

Net Margin

91st percentile

48%

Higher net margin than 91% of similar nonprofits.

2014 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2014

Top Officer Pay

42nd percentile

$44,133

Higher top officer pay than 42% of similar nonprofits.

Top officer pay equals 15.8% of source-year revenue.

2014 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2014

Asset Growth

67th percentile

8.1%

Faster asset growth than 67% of similar nonprofits.

2014 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2013 to 2014

Revenue Growth

6th percentile

-40%

Faster revenue growth than 6% of similar nonprofits.

2014 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2013 to 2014

Assets

Up

$2,576,315

Up $193,450 (+8.1%) from 2013

Net Assets

Up

$2,574,871

Up $192,227 (+8.1%) from 2013

Liabilities

Up

$1,444

Up $1,223 (+553%) from 2013

Revenue

Down

$279,272

Down $182,377 (-40%) from 2013

Expenses

Down

$146,161

Down $878 (-0.6%) from 2013

Net Income

Down

$133,111

Down $181,499 (-58%) from 2013

Historical Trend

Balance Sheet Trend

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

$4.0M$3.0M$2.0M$1.0M$0Assets 2011: $570,068Liabilities 2011: $0Net Assets 2011: $570,0682011Assets 2012: $1,952,624Liabilities 2012: $3,320Net Assets 2012: $1,949,3042012Assets 2013: $2,382,865Liabilities 2013: $221Net Assets 2013: $2,382,6442013Assets 2014: $2,576,315Liabilities 2014: $1,444Net Assets 2014: $2,574,8712014Assets 2015: $2,621,846Liabilities 2015: $0Net Assets 2015: $2,621,8462015Assets 2016: $2,702,240Liabilities 2016: $0Net Assets 2016: $2,702,2402016Assets 2017: $2,853,641Liabilities 2017: $1Net Assets 2017: $2,853,6402017Assets 2018: $2,840,206Liabilities 2018: $0Net Assets 2018: $2,840,2062018Assets 2019: $3,113,567Liabilities 2019: $0Net Assets 2019: $3,113,5672019Assets 2020: $3,369,695Liabilities 2020: $0Net Assets 2020: $3,369,6952020Assets 2021: $3,567,536Liabilities 2021: $0Net Assets 2021: $3,567,5362021Assets 2022: $3,184,260Liabilities 2022: $0Net Assets 2022: $3,184,2602022Assets 2023: $3,500,954Liabilities 2023: $0Net Assets 2023: $3,500,9542023Assets 2024: $3,712,544Liabilities 2024: $0Net Assets 2024: $3,712,5442024

Highlighted filing

2014

Assets$2,576,315
Liabilities$1,444
Net Assets$2,574,871

Operations Trend

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

$600K$400K$200K$0-$200KRevenue 2011: $216,873Expenses 2011: $96,167Net Income 2011: $120,7062011Revenue 2012: $228,221Expenses 2012: $104,661Net Income 2012: $123,5602012Revenue 2013: $461,649Expenses 2013: $147,039Net Income 2013: $314,6102013Revenue 2014: $279,272Expenses 2014: $146,161Net Income 2014: $133,1112014Revenue 2015: $236,537Expenses 2015: $198,391Net Income 2015: $38,1462015Revenue 2016: $224,896Expenses 2016: $207,136Net Income 2016: $17,7602016Revenue 2017: $227,494Expenses 2017: $214,818Net Income 2017: $12,6762017Revenue 2018: $270,804Expenses 2018: $202,062Net Income 2018: $68,7422018Revenue 2019: $208,131Expenses 2019: $181,417Net Income 2019: $26,7142019Revenue 2020: $315,238Expenses 2020: $133,843Net Income 2020: $181,3952020Revenue 2021: $539,604Expenses 2021: $164,670Net Income 2021: $374,9342021Revenue 2022: $178,957Expenses 2022: $164,114Net Income 2022: $14,8432022Revenue 2023: $168,977Expenses 2023: $173,174Net Income 2023: -$4,1972023Revenue 2024: $260,953Expenses 2024: $190,699Net Income 2024: $70,2542024

Highlighted filing

2014

Revenue$279,272
Expenses$146,161
Net Income$133,111
Jump To
Filing Snapshot
Filing Period
Jan 1, 2014 to Dec 31, 2014
Signed
Jul 1, 2015
Return Version
2014v5.0
Gross Receipts
$1,051,277
Mission and Program Overview

Mission

The Avery-Copp Museum celebrates, preserves, and documents the historic home, its collection, and the grounds belonging to the Avery and Copp families in Groton, Connecticut. Our purpose is to engage the public in learning about history of Groton through the study of domestic life as it was experienced in this house and the surrounding community.

The mission is to tell the unique story of one family's domestic life over the past 200 years through the preservation and promotion of the authentic waterfront home and grounds and to collect archival materials of local interest.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$1,256,987$1,255,817▼ $1,170
Investments in Publicly Traded Securities$909,434$1,045,152▲ $135,718
Savings and Temporary Cash Investments$15,466$53,140▲ $37,674
Cash and Non-Interest-Bearing Accounts$2,127$23,655▲ $21,528
Accounts Receivable-$0-
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-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Prepaid Expenses and Deferred Charges-$0-
Total Assets$2,382,865$2,576,315▲ $193,450
Other Assets Total$198,851$198,551▼ $300
Liabilities
Other Liabilities$221$1,444▲ $1,223
Total Liabilities$221$1,444▲ $1,223
Net Assets / Fund Balance
Unrestricted Net Assets$2,382,644$2,574,871▲ $192,227
Total Net Assets Fund Balance$2,382,644$2,574,871▲ $192,227
Total Liabilities and Net Assets / Fund Balance$2,382,865$2,576,315▲ $193,450

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$1,215,000-$1,215,000
Leasehold Improvements$40,817$4,814$45,631
Other Assets Org$198,326--

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2014-$712,623▲ $1,380-$713,114
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Leslie EvansExecutive DirectorFT$44,133$44,133

Board Members and Trustees

NameTitle
Hali KeelerPresident
Janet DownsVice President
Andrew HalseyBoard Member
Anne Roberts-piersonBoard Member
Bruce AveryBoard Member
Christopher VernottBoard Member
James StreeterBoard Member
Priscilla B WellsBoard Member
Senator Andrew MaynardBoard Member
Susan J JeromeBoard Member
Charlotte BarnumSecretary
Brent EugenidesTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$234,059
Program Service Revenue
$3,375
Investment Income
$29,974
Other Revenue
$11,864
All Other Contributions
$234,059
Change in Net Assets
$133,111
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$84,296
Salaries, Compensation, and Employee Benefits$61,865
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Current Officers, Directors, Trustees, and Key Employees$44,133--$44,133
Occupancy$26,897--$26,897
Comp Disqual Persons$12,197--$12,197
Insurance$5,981--$5,981
Payroll Taxes$5,535--$5,535
Fees for Service Investment Mgmnt Fees-$5,391-$5,391
Office Expenses$5,119--$5,119
Advertising$2,492--$2,492
Fees for Services Other$1,662--$1,662
All Other Expenses$1,595--$1,595
Depreciation Depletion$1,170--$1,170
Other Expenses$836--$836
Total Functional Expenses$140,770$5,391$0$146,161
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$18,418
Fundraising Direct Expenses$7,680
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Annual Gala Income$18,418$18,418$7,680$10,738
Total Events$18,418$18,418$7,680$10,738
Political and Lobbying Activity
Political campaign activity
No
Lobbying 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
Payroll Tax Payable$1,444
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Backup withholding compliance
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, Part VI, Line 11B: Form 990 Review Process

The treasurer reviews form 990 with the members of the finance committee who recommmends to the board that the report be filed.

Form 990, Part VI, Line 12C: Explanation of Monitoring and Enforcement of Conflicts

Conflict of interest policy is reviewed annually.each member is required to sign a new policy statement if there are any changes.all new board members are required to review and sign the policy as well.

Form 990, Part VI, Line 15A: Compensation Review & Approval Process - CEO, Top Management

President of the board along with input from board members review and vote on compensation of executive director. Compensation is determined by comparability data from other positions of the same type.

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

All documents are open and available to the public at their request at our archive facility.

Filing and Contact Details

Filer

Filer Name
Avery Copp Museum
EIN
20-8096779
Phone
8604451637
Address
154 Thames Street, Groton, CT 06340

Signing Officer

Name
Priscilla B Wells
Title
Board Member
Signed
2015-07-01
Discuss with paid preparer
Yes

Organization Details

Formed
1800
Legal Domicile
Ct
Voting Board Members
12
Independent Board Members
12
Employees
3
Volunteers
23

Preparer

Firm
Doherty Beals & Banks PC
Address
187 Williams St, New London, CT 06320
Preparer
Kathleen A Steamer CPA
Phone
8604432033
Supplemental Narrative

Financial Statement Notes

Part V, Line 4: Intended uses of the endowment fund.

Endowments funds are intended to be used to support progam expenditures as designated neccesary by the board of directors.

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Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.71$0.00$3.71$0.26$0.19$0.07
2023Detailed filing. Detailed filing data is available for this year.$3.50$0.00$3.50$0.17$0.17$0.00
2022Detailed filing. Detailed filing data is available for this year.$3.18$0.00$3.18$0.18$0.16$0.01
2021Detailed filing. Detailed filing data is available for this year.$3.57$0.00$3.57$0.54$0.16$0.37
2020Detailed filing. Detailed filing data is available for this year.$3.37$0.00$3.37$0.32$0.13$0.18
2019Detailed filing. Detailed filing data is available for this year.$3.11$0.00$3.11$0.21$0.18$0.03
2018Detailed filing. Detailed filing data is available for this year.$2.84$0.00$2.84$0.27$0.20$0.07
2017Detailed filing. Detailed filing data is available for this year.$2.85$0.00$2.85$0.23$0.21$0.01
2016Detailed filing. Detailed filing data is available for this year.$2.70$0.00$2.70$0.22$0.21$0.02
2015Detailed filing. Detailed filing data is available for this year.$2.62$0.00$2.62$0.24$0.20$0.04
2014Detailed filing. Detailed filing data is available for this year.$2.58$0.00$2.57$0.28$0.15$0.13
2013Detailed filing. Detailed filing data is available for this year.$2.38$0.00$2.38$0.46$0.15$0.31
2012Summary only. Only limited summary data is available for this year.$1.95$0.00$1.95$0.23$0.10$0.12
2011Summary only. Only limited summary data is available for this year.$0.57$0.00$0.57$0.22$0.10$0.12
Peer Organizations

Similar nonprofits based on the same Siviq industry and scale cohort. 2014 filings • 501(c)3 • $1M-$5M nonprofits