Civic Intelligence

Westbrook Foundation Inc.

990 • Fiscal year 2018 • EIN 22-2549826

Jan 01, 2018 to Dec 31, 2018 • Filed on Aug 07, 2019

Organization Profilewww.westbrookfoundation.org
PO Box 528Westbrook, CT 06498

(860) 399-8676

Siviq Scores

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

Liabilities / Assets

7th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2018 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2018

Liabilities / Revenue

7th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2018 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2018

Net Margin

97th percentile

86%

Higher net margin than 97% of similar nonprofits.

2018 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2018

Top Officer Pay

20th percentile

$0

Higher top officer pay than 20% of similar nonprofits.

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

2018 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2018

Asset Growth

90th percentile

34%

Faster asset growth than 90% of similar nonprofits.

2018 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2017 to 2018

Revenue Growth

98th percentile

277%

Faster revenue growth than 98% of similar nonprofits.

2018 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2017 to 2018

Balance Sheet
Liabilities / Assets7th percentile

Assets

Up

$6,929,537

Up $1,777,016 (+34%) from 2017

Net Assets

Up

$6,929,537

Up $1,777,016 (+34%) from 2017

Liabilities

Flat

$0

Flat from 2017

Revenue And Expenses
Liabilities / Revenue7th percentileNet Margin97th percentile

Revenue

Up

$2,067,832

Up $1,519,960 (+277%) from 2017

Expenses

Down

$290,816

Down $84,344 (-22%) from 2017

Net Income

Up

$1,777,016

Up $1,604,304 (+929%) from 2017

Historical Trend

Balance Sheet Trend

Asset Growth90th percentile

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

$10M$5.0M$0Assets 2011: $3,970,863Liabilities 2011: $0Net Assets 2011: $3,970,8632011Assets 2012: $4,019,804Liabilities 2012: $0Net Assets 2012: $4,019,8042012Assets 2013: $4,255,827Liabilities 2013: $0Net Assets 2013: $4,255,8272013Assets 2014: $5,062,507Liabilities 2014: $0Net Assets 2014: $5,062,5072014Assets 2015: $4,912,881Liabilities 2015: $0Net Assets 2015: $4,912,8812015Assets 2016: $4,979,809Liabilities 2016: $0Net Assets 2016: $4,979,8092016Assets 2017: $5,152,521Liabilities 2017: $0Net Assets 2017: $5,152,5212017Assets 2018: $6,929,537Liabilities 2018: $0Net Assets 2018: $6,929,5372018Assets 2019: $7,180,695Liabilities 2019: $0Net Assets 2019: $7,180,6952019Assets 2020: $8,102,742Liabilities 2020: $0Net Assets 2020: $8,102,7422020Assets 2021: $8,948,581Liabilities 2021: $0Net Assets 2021: $8,948,5812021Assets 2022: $9,000,621Liabilities 2022: $0Net Assets 2022: $9,000,6212022Assets 2023: $8,898,965Liabilities 2023: $0Net Assets 2023: $8,898,9652023Assets 2024: $9,224,287Liabilities 2024: $0Net Assets 2024: $9,224,2872024

Highlighted filing

2018

Assets$6,929,537
Liabilities$0
Net Assets$6,929,537
Open 2018 Filing

Operations Trend

Revenue Growth98th percentile

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

$3.0M$2.0M$1.0M$0-$1.0MRevenue 2011: $241,652Expenses 2011: $193,618Net Income 2011: $48,0342011Revenue 2012: $278,469Expenses 2012: $229,528Net Income 2012: $48,9412012Revenue 2013: $447,848Expenses 2013: $211,825Net Income 2013: $236,0232013Revenue 2014: $1,020,106Expenses 2014: $213,426Net Income 2014: $806,6802014Revenue 2015: $217,609Expenses 2015: $367,235Net Income 2015: -$149,6262015Revenue 2016: $350,143Expenses 2016: $283,215Net Income 2016: $66,9282016Revenue 2017: $547,872Expenses 2017: $375,160Net Income 2017: $172,7122017Revenue 2018: $2,067,832Expenses 2018: $290,816Net Income 2018: $1,777,0162018Revenue 2019: $691,224Expenses 2019: $440,066Net Income 2019: $251,1582019Revenue 2020: $1,501,431Expenses 2020: $579,384Net Income 2020: $922,0472020Revenue 2021: $1,492,658Expenses 2021: $646,819Net Income 2021: $845,8392021Revenue 2022: $734,378Expenses 2022: $687,938Net Income 2022: $46,4402022Revenue 2023: $439,217Expenses 2023: $545,815Net Income 2023: -$106,5982023Revenue 2024: $1,005,682Expenses 2024: $681,610Net Income 2024: $324,0722024

Highlighted filing

2018

Revenue$2,067,832
Expenses$290,816
Net Income$1,777,016
Open 2018 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2018 to Dec 31, 2018
Signed
Aug 7, 2019
Return Version
2018v3.1
Gross Receipts
$5,292,337
Mission and Program Overview

Mission

To Administer Funds Whose Income Is to Be Used For The Benefit Of Residents Of The Town Of Westbrook.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$4,608,833$6,620,593▲ $2,011,760
Savings and Temporary Cash Investments$543,688$308,944▼ $234,744
Cash and Non-Interest-Bearing Accounts-$0-
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-
Land, Buildings, and Equipment, Net-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Prepaid Expenses and Deferred Charges-$0-
Total Assets$5,152,521$6,929,537▲ $1,777,016
Other Assets Total-$0-
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Temporarily Rstr Net Assets$2,591,326$4,358,450▲ $1,767,124
Permanently Rstr Net Assets$2,313,095$2,313,095→ $0
Unrestricted Net Assets$248,100$257,992▲ $9,892
Total Net Assets Fund Balance$5,152,521$6,929,537▲ $1,777,016
Total Liabilities and Net Assets / Fund Balance$5,152,521$6,929,537▲ $1,777,016

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2018$4,904,420-▲ $1,983,711-$6,606,690
2017$4,724,678-▲ $517,400-$4,904,420
2016$4,656,906-▲ $332,398-$4,724,678
2015$4,798,442-▲ $210,620-$4,656,906
2014$3,982,280-▲ $1,011,033-$4,798,442
Compensation and Service Providers
Top Officer Pay20th percentile

Board Members and Trustees

NameTitle
Brian O'Conner SrCo-Chair
Constance VogellCo-Chair
Bernadette JonesVice Chair
David RussellDirector
Eve BarakosDirector
Paul Polo SrDirector
Paul WinchDirector
An-ming TruxesSecretary
Lawrence LariviereTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$4,375
Program Service Revenue
$0
Investment Income
$2,063,457
Other Revenue
$0
All Other Contributions
$4,375
Change in Net Assets
$1,777,016
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$182,303
Other Expenses$108,513
Total Fundraising Expense$1,227
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$130,153--$130,153
Fees for Service Investment Mgmnt Fees-$64,855-$64,855
Grants to Domestic Individuals$52,150--$52,150
Fees for Services Accounting-$7,500-$7,500
All Other Expenses-$3,472-$3,472
Other Expenses$2,790$14,150$310$3,100
Total Functional Expenses$199,612$89,977$1,227$290,816
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Valley Shore YmcaWestbrook, CT-Capital Renovation Project$50,000
Westbrook Garden ClubWestbrook, CT-Financial Assistance$15,565
Friends of the Westbrook LibraryWestbrook, CT-Computer Upgrades$12,000
Camp Hazen YMCAChester CT, CT-Tuition Assistance$8,000
Shoreline Soup KitchensEssex, CT-Financial Assistance$8,000
Bare NecessitiesClinton, CT-Financial Assistance$6,300
Westbrook Youth FootballOld Saybrook, CT-Purchase of Equipment$6,000
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
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
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
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

“Form 990 is provided to the Board of Directors for review and comment before filing.”

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

“Conflicts of interest are monitored at each meeting. The organization's policies require those with a conflict of interest to abstain at the time of each vote. There is a written policy that families of board members are not eligible to receive scholarships from the foundation.”

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

“Documents are available upon request.”

Filing and Contact Details

Filer

Filer Name
Westbrook Foundation Inc
EIN
22-2549826
Phone
8603998676
Address
PO Box 528, Westbrook, CT 06498

Signing Officer

Name
Lawrence Lariviere
Title
Treasurer
Signed
2019-08-07
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Paul Winch
Formed
1984
Legal Domicile
Ct
Voting Board Members
9
Independent Board Members
9
Employees
0
Volunteers
9

Preparer

Firm
Lewitz Balosie Wollack Rayner & Giroux LLC
Address
36 Elm St, Old Saybrook, CT 06475
Preparer
Joseph J Wollack CPA
Phone
8603884451
Supplemental Narrative

Financial Statement Notes

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

“Earnings from endowment funds are used to fund scholarships for westbrook residents and a variety of other community projects. All earnings are restricted to uses that benefit residents of the town of westbrook.”

Raw XML AppendixShowing 400 of 515 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
IRS990/AccountantCompileOrReviewInd0true
IRS990/AccountsReceivableGrp/EOYAmt00
IRS990/AcctCompileOrReviewBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/ActivitiesConductedPrtshpInd0false
IRS990/ActivityOrMissionDesc0To Administer Funds Whose Income Is to Be Used For The Benefit Of Residents Of The Town Of Westbrook.
IRS990/AdvertisingGrp/TotalAmt00
IRS990/AllAffiliatesIncludedInd0false
IRS990/AllOtherContributionsAmt04375
IRS990/AllOtherExpensesGrp/ManagementAndGeneralAmt03472
IRS990/AllOtherExpensesGrp/TotalAmt03472
IRS990/AnnualDisclosureCoveredPrsnInd0true
IRS990/AuditCommitteeInd0true
IRS990/BackupWthldComplianceInd0true
IRS990/BenefitsToMembersGrp/TotalAmt00
IRS990/BooksInCareOfDetail/PersonNm0LAWRENCE LARIVIERE
IRS990/BooksInCareOfDetail/PhoneNum08603998676
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt029 NUTMEG CIRCLE
IRS990/BooksInCareOfDetail/USAddress/CityNm0WESTBROOK
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0CT
IRS990/BooksInCareOfDetail/USAddress/ZIPCd006498
IRS990/BusinessRlnWithFamMemInd0false
IRS990/BusinessRlnWithOfficerEntInd0false
IRS990/BusinessRlnWithOrgMemInd0false
IRS990/CashNonInterestBearingGrp/EOYAmt00
IRS990/ChangeToOrgDocumentsInd0false
IRS990/CntrctRcvdGreaterThan100KCnt00
IRS990/CollectionsOfArtInd0false
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt00
IRS990/CompDisqualPersonsGrp/TotalAmt00
IRS990/CompensationFromOtherSrcsInd0false
IRS990/CompensationProcessCEOInd0false
IRS990/CompensationProcessOtherInd0false
IRS990/ConferencesMeetingsGrp/TotalAmt00
IRS990/ConflictOfInterestPolicyInd0true
IRS990/ConservationEasementsInd0false
IRS990/ConsolidatedAuditFinclStmtInd0false
IRS990/CreditCounselingInd0false
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt04375
IRS990/CYGrantsAndSimilarPaidAmt0182303
IRS990/CYInvestmentIncomeAmt02063457
IRS990/CYOtherExpensesAmt0108513
IRS990/CYOtherRevenueAmt00
IRS990/CYProgramServiceRevenueAmt00
IRS990/CYRevenuesLessExpensesAmt01777016
IRS990/CYSalariesCompEmpBnftPaidAmt00
IRS990/CYTotalExpensesAmt0290816
IRS990/CYTotalFundraisingExpenseAmt01227
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt02067832
IRS990/DAFExcessBusinessHoldingsInd0false
IRS990/DecisionsSubjectToApprovaInd0false
IRS990/DeductibleArtContributionInd0false
IRS990/DeductibleNonCashContriInd0false
IRS990/DelegationOfMgmtDutiesInd0false
IRS990/DepreciationDepletionGrp/TotalAmt00
IRS990/Desc0The Westbrook Foundation, Inc. administers the Barbara Spencer Memorial Fund, which was established to benefit the people of the Town of Westbrook, CT. Donations were made to fund scholarships for summer camp programs at Camp Hazen, to provide financial assistance for the local youth football league, to make renovations at the local YMCA, to fund a local renovation projects, to support the Shoreline Soup Kitchens, and to provide financial assistance to the town and other Westbrook organizations.
IRS990/DescribedInSection501c3Ind0true
IRS990/DisregardedEntityInd0false
IRS990/DistributionToDonorInd0false
IRS990/DocumentRetentionPolicyInd0true
IRS990/DonorAdvisedFundInd0false
IRS990/ElectionOfBoardMembersInd0false
IRS990/EmployeeCnt00
IRS990/EmploymentTaxReturnsFiledInd0false
IRS990/EngagedInExcessBenefitTransInd0false
IRS990/EscrowAccountInd0false
IRS990/ExpenseAmt0147462
IRS990/FamilyOrBusinessRlnInd0false
IRS990/FederalGrantAuditRequiredInd0false
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt07500
IRS990/FeesForServicesAccountingGrp/TotalAmt07500
IRS990/FeesForServicesLegalGrp/TotalAmt00
IRS990/FeesForServicesLobbyingGrp/TotalAmt00
IRS990/FeesForServicesManagementGrp/TotalAmt00
IRS990/FeesForServicesOtherGrp/TotalAmt00
IRS990/FeesForServicesProfFundraising/TotalAmt00
IRS990/FeesForSrvcInvstMgmntFeesGrp/ManagementAndGeneralAmt064855
IRS990/FeesForSrvcInvstMgmntFeesGrp/TotalAmt064855
IRS990/ForeignActivitiesInd0false
IRS990/ForeignFinancialAccountInd0false
IRS990/ForeignGrantsGrp/TotalAmt00
IRS990/ForeignOfficeInd0false
IRS990/Form1098CFiledInd0false
IRS990/Form8282FiledCnt00
IRS990/Form8282PropertyDisposedOfInd0false
IRS990/Form8899Filedind0false
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt00.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt10.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt20.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt30.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt40.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt50.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt60.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt70.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt80.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt02.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt11.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt21.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt31.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt43.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt52.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt62.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt71.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt81.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd5X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd6X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd7X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd8X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OfficerInd3X
IRS990/Form990PartVIISectionAGrp/OfficerInd4X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt60
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt70
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt80
IRS990/Form990PartVIISectionAGrp/PersonNm0Brian O'Conner Sr
IRS990/Form990PartVIISectionAGrp/PersonNm1Bernadette Jones
IRS990/Form990PartVIISectionAGrp/PersonNm2David Russell
IRS990/Form990PartVIISectionAGrp/PersonNm3EVE BARAKOS
IRS990/Form990PartVIISectionAGrp/PersonNm4LAWRENCE LARIVIERE
IRS990/Form990PartVIISectionAGrp/PersonNm5PAUL WINCH
IRS990/Form990PartVIISectionAGrp/PersonNm6Constance Vogell
IRS990/Form990PartVIISectionAGrp/PersonNm7Paul Polo Sr
IRS990/Form990PartVIISectionAGrp/PersonNm8AN-MING TRUXES
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt80
IRS990/Form990PartVIISectionAGrp/TitleTxt0Co-Chair
IRS990/Form990PartVIISectionAGrp/TitleTxt1VICE CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt2Director
IRS990/Form990PartVIISectionAGrp/TitleTxt3Director
IRS990/Form990PartVIISectionAGrp/TitleTxt4Treasurer
IRS990/Form990PartVIISectionAGrp/TitleTxt5Director
IRS990/Form990PartVIISectionAGrp/TitleTxt6Co-Chair
IRS990/Form990PartVIISectionAGrp/TitleTxt7Director
IRS990/Form990PartVIISectionAGrp/TitleTxt8Secretary
IRS990/Form990ProvidedToGvrnBodyInd0true
IRS990/Form990TFiledInd0false
IRS990/FormationYr01984
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedInd0false
IRS990/FundraisingActivitiesInd0false
IRS990/GainOrLossGrp/SecuritiesAmt01917984
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt09
IRS990/GrantAmt0130153
IRS990/GrantsToDomesticIndividualsGrp/ProgramServicesAmt052150
IRS990/GrantsToDomesticIndividualsGrp/TotalAmt052150
IRS990/GrantsToDomesticOrgsGrp/ProgramServicesAmt0130153
IRS990/GrantsToDomesticOrgsGrp/TotalAmt0130153
IRS990/GrantsToIndividualsInd0true
IRS990/GrantsToOrganizationsInd0true
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossAmountSalesAssetsGrp/SecuritiesAmt05142489
IRS990/GrossReceiptsAmt05292337
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0false
IRS990/IncmFromInvestBondProceedsGrp/TotalRevenueColumnAmt00
IRS990/IndependentAuditFinclStmtInd0false
IRS990/IndependentVotingMemberCnt09
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InformationTechnologyGrp/TotalAmt00
IRS990/InsuranceGrp/TotalAmt00
IRS990/IntangibleAssetsGrp/EOYAmt00
IRS990/InterestGrp/TotalAmt00
IRS990/InventoriesForSaleOrUseGrp/EOYAmt00
IRS990/InvestmentIncomeGrp/ExclusionAmt0145473
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt0145473
IRS990/InvestmentInJointVentureInd0false
IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt00
IRS990/InvestmentsProgramRelatedGrp/EOYAmt00
IRS990/InvestmentsPubTradedSecGrp/BOYAmt04608833
IRS990/InvestmentsPubTradedSecGrp/EOYAmt06620593
IRS990/InvestTaxExemptBondsInd0false
IRS990/IRPDocumentCnt03
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipBasisNetGrp/EOYAmt00
IRS990/LegalDomicileStateCd0CT
IRS990/LessCostOthBasisSalesExpnssGrp/SecuritiesAmt03224505
IRS990/LicensedMoreThanOneStateInd0false
IRS990/LoanOutstandingInd0false
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingCashInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0To Administer Funds Whose Income Is to Be Used For The Benefit Of Residents Of The Town Of Westbrook.
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/NetAssetsOrFundBalancesBOYAmt05152521
IRS990/NetAssetsOrFundBalancesEOYAmt06929537
IRS990/NetGainOrLossInvestmentsGrp/ExclusionAmt01917984
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt01917984
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt00
IRS990/NetIncomeFromGamingGrp/TotalRevenueColumnAmt00
IRS990/NetIncomeOrLossGrp/TotalRevenueColumnAmt00
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt00
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/TotalAmt00
IRS990/OfficeExpensesGrp/TotalAmt00
IRS990/OfficerMailingAddressInd0false
IRS990/OnBehalfOfIssuerInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OrgFiledInLieuOfForm1041Ind0false
IRS990/OtherAssetsTotalGrp/EOYAmt00
IRS990/OtherEmployeeBenefitsGrp/TotalAmt00
IRS990/OtherExpensesGrp/Desc0Clerical Fees
IRS990/OtherExpensesGrp/Desc1Printing and Publications
IRS990/OtherExpensesGrp/Desc2WEBSITE DESIGN
IRS990/OtherExpensesGrp/Desc3Publicity
IRS990/OtherExpensesGrp/FundraisingAmt0917
IRS990/OtherExpensesGrp/FundraisingAmt1310
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt014150
IRS990/OtherExpensesGrp/ProgramServicesAmt08249
IRS990/OtherExpensesGrp/ProgramServicesAmt16270
IRS990/OtherExpensesGrp/ProgramServicesAmt22790
IRS990/OtherExpensesGrp/TotalAmt014150
IRS990/OtherExpensesGrp/TotalAmt19166
IRS990/OtherExpensesGrp/TotalAmt26270
IRS990/OtherExpensesGrp/TotalAmt33100
IRS990/OtherRevenueTotalAmt00
IRS990/OtherSalariesAndWagesGrp/TotalAmt00
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt00
IRS990/PartialLiquidationInd0false
IRS990/PaymentsToAffiliatesGrp/TotalAmt00
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/TotalAmt00
IRS990/PensionPlanContributionsGrp/TotalAmt00
IRS990/PermanentlyRstrNetAssetsGrp/BOYAmt02313095
IRS990/PermanentlyRstrNetAssetsGrp/EOYAmt02313095
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt00
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt00
IRS990/PrincipalOfficerNm0Paul Winch
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgSrvcAccomActy2Grp/Desc0The Westbrook Foundation, Inc. administers several scholarship funds established to meet the educational needs of residents of the Town Of Westbrook, CT (population approximately 7,000). 50 residents received scholarships in 2018 to assist them in paying their college tuition.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt052150
IRS990/ProgSrvcAccomActy2Grp/GrantAmt052150
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt023503
IRS990/PYExcessBenefitTransInd0false
IRS990/PYGrantsAndSimilarPaidAmt0283419
IRS990/PYInvestmentIncomeAmt0524369
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt091741
IRS990/PYRevenuesLessExpensesAmt0172712
IRS990/PYTotalExpensesAmt0375160
IRS990/PYTotalRevenueAmt0547872
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt01777016
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0false
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0543688
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0308944
IRS990ScheduleA/CommunityTrustInd0X
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0THE ORGANIZATION SENDS AN ANNUAL REPORT TO THE RESIDENTS OF WESTBROOK ADVISING THEM OF THE GRANTS MADE IN THE PRIOR YEAR, DETAILING THE PROCESS FOR APPLYING FOR GRANTS, AND PROVIDING INFORMATION ABOUT HOW TO MAKE A CONTRIBUTION OR BEQUEST TO THE FOUNDATION. THIS INFORMATION IS ALSO ON THE FOUNDATION'S WEBSITE. THE BOARD OF DIRECTORS CONSISTS OF NINE INDIVIDUALS WHO SERVE STAGGERED TERMS AND ARE NOT ALLOWED TO SERVE MORE THAN TWO CONSECUTIVE TERMS OF FIVE YEARS EACH. NEW DIRECTORS ARE APPROVED BY THE CURRENT DIRECTORS AND COME FROM DIVERSE BACKGROUNDS INCLUDING INDIVIDUALS FROM GOVERNMENT, EDUCATION, AND PROFESSIONALS WHO RESIDE IN WESTBROOK AND REPRESENT THE BROAD INTERESTS OF THE PUBLIC. ALL SERVE WITHOUT COMPENSATION.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0Support Schedule: Additional Supplemental Information
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt04375
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt023503
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt010589
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt09629
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt08826
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt056922
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt0145473
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt0113922
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt0111494
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt0113330
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt0130494
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt0614713
IRS990ScheduleA/OtherIncome170Grp/TotalAmt00
IRS990ScheduleA/PublicSupportCY170Pct00.08480
IRS990ScheduleA/PublicSupportPY170Pct00.14850
IRS990ScheduleA/PublicSupportTotal170Amt056922
IRS990ScheduleA/SubstantialContributorsTotAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/TotalAmt00
IRS990ScheduleA/TenPctFactsCrcmstncsTestPYInd0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt04375
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt023503
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt010589
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt09629
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt08826
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt056922
IRS990ScheduleA/TotalSupportAmt0671635
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/TotalAmt00
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/CYEndwmtFundGrp/AdministrativeExpensesAmt099138
IRS990ScheduleD/CYEndwmtFundGrp/BeginningYearBalanceAmt04904420
IRS990ScheduleD/CYEndwmtFundGrp/EndYearBalanceAmt06606690
IRS990ScheduleD/CYEndwmtFundGrp/GrantsOrScholarshipsAmt0182303
IRS990ScheduleD/CYEndwmtFundGrp/InvestmentEarningsOrLossesAmt01983711
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/AdministrativeExpensesAmt054239
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/BeginningYearBalanceAmt04724678
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/EndYearBalanceAmt04904420
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/GrantsOrScholarshipsAmt0283419
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt0517400
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/AdministrativeExpensesAmt066778
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/BeginningYearBalanceAmt04656906
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/EndYearBalanceAmt04724678
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/GrantsOrScholarshipsAmt0197848
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt0332398
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/AdministrativeExpensesAmt066389
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/BeginningYearBalanceAmt04798442
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/EndYearBalanceAmt04656906
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/GrantsOrScholarshipsAmt0285767
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt0210620
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/AdministrativeExpensesAmt057579
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/BeginningYearBalanceAmt03982280
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/EndYearBalanceAmt04798442
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/GrantsOrScholarshipsAmt0137292
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt01011033
IRS990ScheduleD/EndowmentsHeldRelatedOrgInd0false
IRS990ScheduleD/EndowmentsHeldUnrelatedOrgInd0false
IRS990ScheduleD/PrmnntEndowmentBalanceEOYPct00.35000
IRS990ScheduleD/RelatedOrgListSchRInd0false
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0EARNINGS FROM ENDOWMENT FUNDS ARE USED TO FUND SCHOLARSHIPS FOR WESTBROOK RESIDENTS AND A VARIETY OF OTHER COMMUNITY PROJECTS. ALL EARNINGS ARE RESTRICTED TO USES THAT BENEFIT RESIDENTS OF THE TOWN OF WESTBROOK.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0Part V, Line 4: Intended uses of the endowment fund.
IRS990ScheduleD/TermEndowmentBalanceEOYPct00.65000
IRS990ScheduleI/GrantRecordsMaintainedInd0true
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt052150
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt0Scholarship
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/RecipientCnt050
IRS990ScheduleI/RecipientTable/CashGrantAmt06300
IRS990ScheduleI/RecipientTable/CashGrantAmt18000
IRS990ScheduleI/RecipientTable/CashGrantAmt212000
IRS990ScheduleI/RecipientTable/CashGrantAmt38000
IRS990ScheduleI/RecipientTable/CashGrantAmt450000
IRS990ScheduleI/RecipientTable/CashGrantAmt515565
IRS990ScheduleI/RecipientTable/CashGrantAmt66000
IRS990ScheduleI/RecipientTable/NonCashAssistanceAmt00
IRS990ScheduleI/RecipientTable/NonCashAssistanceAmt10
IRS990ScheduleI/RecipientTable/NonCashAssistanceAmt20
IRS990ScheduleI/RecipientTable/NonCashAssistanceAmt30
IRS990ScheduleI/RecipientTable/NonCashAssistanceAmt40
IRS990ScheduleI/RecipientTable/NonCashAssistanceAmt50
IRS990ScheduleI/RecipientTable/NonCashAssistanceAmt60
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt0FINANCIAL ASSISTANCE
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt1TUITION ASSISTANCE
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt2COMPUTER UPGRADES
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt3FINANCIAL ASSISTANCE
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt4CAPITAL RENOVATION PROJECT
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt5FINANCIAL ASSISTANCE
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt6PURCHASE OF EQUIPMENT
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt0BARE NECESSITIES
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt1Camp Hazen YMCA
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt2Friends of the Westbrook Library
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt3SHORELINE SOUP KITCHENS
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt4VALLEY SHORE YMCA
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt5WESTBROOK GARDEN CLUB
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt6WESTBROOK YOUTH FOOTBALL
IRS990ScheduleI/RecipientTable/RecipientEIN0060860014
IRS990ScheduleI/RecipientTable/RecipientEIN1237378781
IRS990ScheduleI/RecipientTable/RecipientEIN2061412728
IRS990ScheduleI/RecipientTable/RecipientEIN3060646979

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2018 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$6,929,537
Liabilities
$0
Net assets
$6,929,537
Revenue
$2,067,832
Expenses
$290,816
Net income
$1,777,016
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$9.22$0.00$9.22$1.01$0.68$0.32
2023Detailed filing. Detailed filing data is available for this year.$8.90$0.00$8.90$0.44$0.55$0.11
2022Detailed filing. Detailed filing data is available for this year.$9.00$0.00$9.00$0.73$0.69$0.05
2021Detailed filing. Detailed filing data is available for this year.$8.95$0.00$8.95$1.49$0.65$0.85
2020Detailed filing. Detailed filing data is available for this year.$8.10$0.00$8.10$1.50$0.58$0.92
2019Detailed filing. Detailed filing data is available for this year.$7.18$0.00$7.18$0.69$0.44$0.25
2018Detailed filing. Detailed filing data is available for this year.$6.93$0.00$6.93$2.07$0.29$1.78
2017Detailed filing. Detailed filing data is available for this year.$5.15$0.00$5.15$0.55$0.38$0.17
2016Detailed filing. Detailed filing data is available for this year.$4.98$0.00$4.98$0.35$0.28$0.07
2015Detailed filing. Detailed filing data is available for this year.$4.91$0.00$4.91$0.22$0.37$0.15
2014Detailed filing. Detailed filing data is available for this year.$5.06$0.00$5.06$1.02$0.21$0.81
2013Summary only. Only limited summary data is available for this year.$4.26$0.00$4.26$0.45$0.21$0.24
2012Summary only. Only limited summary data is available for this year.$4.02$0.00$4.02$0.28$0.23$0.05
2011Summary only. Only limited summary data is available for this year.$3.97$0.00$3.97$0.24$0.19$0.05