Civic Intelligence

Springfield Telescope Makers Inc.

990 • Fiscal year 2020 • EIN 22-2582956

Jan 01, 2020 to Dec 31, 2020 • Filed on Nov 20, 2021

Organization Profilewww.stellafane.org
PO Box 601Springfield, VT 05156

(802) 885-3779

Siviq Scores

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

Liabilities / Assets

27th percentile

0.00x

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

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

Liabilities / Revenue

27th percentile

0.00x

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

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

Net Margin

19th percentile

-15%

Higher net margin than 19% 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

31st percentile

-0.5%

Faster asset growth than 31% of similar nonprofits.

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

Revenue Growth

4th percentile

-73%

Faster revenue growth than 4% of similar nonprofits.

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

Balance Sheet
Liabilities / Assets27th percentile

Assets

Down

$599,743

Down $3,260 (-0.5%) from 2019

Net Assets

Down

$599,743

Down $3,260 (-0.5%) from 2019

Liabilities

Flat

$0

Flat from 2019

Revenue And Expenses
Liabilities / Revenue27th percentileNet Margin19th percentile

Revenue

Down

$21,611

Down $57,216 (-73%) from 2019

Expenses

Down

$24,871

Down $53,335 (-68%) from 2019

Net Income

Down

-$3,260

Down $3,881 (-625%) from 2019

Historical Trend

Balance Sheet Trend

Asset Growth31st percentile

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

$800K$600K$400K$200K$0Assets 2010: $563,214Liabilities 2010: $33,221Net Assets 2010: $529,9932010Assets 2011: $562,088Liabilities 2011: $23,345Net Assets 2011: $538,7432011Assets 2012: $569,078Liabilities 2012: $0Net Assets 2012: $569,0782012Assets 2013: $582,757Liabilities 2013: $9,350Net Assets 2013: $573,4072013Assets 2014: $584,770Liabilities 2014: $7,150Net Assets 2014: $577,6202014Assets 2015: $602,892Liabilities 2015: $4,950Net Assets 2015: $597,9422015Assets 2016: $612,666Liabilities 2016: $2,750Net Assets 2016: $609,9162016Assets 2017: $607,764Liabilities 2017: $0Net Assets 2017: $607,7642017Assets 2018: $602,382Liabilities 2018: $0Net Assets 2018: $602,3822018Assets 2019: $603,003Liabilities 2019: $0Net Assets 2019: $603,0032019Assets 2020: $599,743Liabilities 2020: $0Net Assets 2020: $599,7432020Assets 2021: $616,693Liabilities 2021: $0Net Assets 2021: $616,6932021Assets 2022: $632,632Liabilities 2022: $0Net Assets 2022: $632,6322022Assets 2023: $640,834Liabilities 2023: $0Net Assets 2023: $640,8342023Assets 2024: $674,791Liabilities 2024: $0Net Assets 2024: $674,7912024

Highlighted filing

2020

Assets$599,743
Liabilities$0
Net Assets$599,743
Open 2020 Filing

Operations Trend

Revenue Growth4th percentile

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

$150K$100K$50K$0-$50KExpenses 2010: $58,8452010Expenses 2011: $53,0512011Revenue 2012: $86,455Expenses 2012: $56,120Net Income 2012: $30,3352012Revenue 2013: $63,882Expenses 2013: $59,553Net Income 2013: $4,3292013Revenue 2014: $70,174Expenses 2014: $65,940Net Income 2014: $4,2342014Revenue 2015: $68,854Expenses 2015: $48,532Net Income 2015: $20,3222015Revenue 2016: $70,005Expenses 2016: $58,268Net Income 2016: $11,7372016Revenue 2017: $53,880Expenses 2017: $45,125Net Income 2017: $8,7552017Revenue 2018: $66,766Expenses 2018: $72,148Net Income 2018: -$5,3822018Revenue 2019: $78,827Expenses 2019: $78,206Net Income 2019: $6212019Revenue 2020: $21,611Expenses 2020: $24,871Net Income 2020: -$3,2602020Revenue 2021: $60,739Expenses 2021: $43,789Net Income 2021: $16,9502021Revenue 2022: $83,927Expenses 2022: $67,988Net Income 2022: $15,9392022Revenue 2023: $100,630Expenses 2023: $93,103Net Income 2023: $7,5272023Revenue 2024: $117,636Expenses 2024: $83,679Net Income 2024: $33,9572024

Highlighted filing

2020

Revenue$21,611
Expenses$24,871
Net Income-$3,260
Open 2020 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2020 to Dec 31, 2020
Signed
Nov 20, 2021
Return Version
2020v4.0
Gross Receipts
$21,611
Mission and Program Overview

Mission

Springfield Telescope Makers, Inc. operates as an educational institution, formed to archive, teach and impart knowledge in the field of optics and mechanics, as it relates to telescopes. The organization also operates a museum dedicated to preserving the history of amateur telescope making.

The organization operates as an educational institution, formed to archive, teach and further impart knowledge in the field of optics and mechanics, as it applies to telescopes. The organization operates a museum dedicated to preserving the history of amateur telescope design and conducts educational forums throughout the year.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$505,815$506,539▲ $724
Savings and Temporary Cash Investments$53,567$66,947▲ $13,380
Cash and Non-Interest-Bearing Accounts$38,161$20,797▼ $17,364
Inventories for Sale or Use$4,000$4,000→ $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$0→ $0
Investments Program Related$0$0→ $0
Investments in Publicly Traded Securities$0$0→ $0
Intangible Assets$0$0→ $0
Loans From Officers Directors$0$0→ $0
Prepaid Expenses and Deferred Charges$0--
Total Assets$603,003$599,743▼ $3,260
Other Assets Total$1,460$1,460→ $0
Liabilities
Accounts Payable and Accrued Expenses$0$0→ $0
Grants Payable$0$0→ $0
Mortgage Notes Payable Secured by Investment Property$0$0→ $0
Unsecured Notes Loans Payable$0$0→ $0
Other Liabilities$0--
Deferred Revenue$0$0→ $0
Escrow Account Liability$0$0→ $0
Tax Exempt Bond Liabilities$0$0→ $0
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$601,543$598,283▼ $3,260
Net Assets With Donor Restrictions$1,460$1,460→ $0
Total Net Assets Fund Balance$603,003$599,743▼ $3,260
Total Liabilities and Net Assets / Fund Balance$603,003$599,743▼ $3,260

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$307,704$0$0
Other Land Buildings$500$0$0
Land$83,992-$0
Equipment$114,343$0$0
Leasehold Improvements$0$0$0
Compensation and Service Providers
Top Officer Pay51st percentile

Board Members and Trustees

NameTitle
Jeff LowePresident
Francis O'ReillyVice President
Dave TaborDirector
Ken SlaterDirector
Kristine LarsenDirector
BJ DrewSecretary
Glenn JacksonTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$20,759
Program Service Revenue
$625
Investment Income
$227
Other Revenue
$0
All Other Contributions
$19,564
Change in Net Assets
$-3,260
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$24,871
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
Occupancy$1,121$4,790$0$5,911
Insurance$0$3,224$0$3,224
Office Expenses$0$2,443$0$2,443
Other Expenses$0$795$0$795
Travel$467$0$0$467
All Other Expenses$0$215$0$215
Information Technology$63$0$0$63
Conferences and Meetings$50$0$0$50
Total Functional Expenses$1,701$23,170$0$24,871
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
Loans from Officers, Directors, Trustees, and Key Employees$0$0→ $0
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
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, Part VI, Section B, Line 11B

“The 990 information filing is reviewed by all officers and directors for completeness and accuracy before submitting to the IRS.”

Form 990, Part VI, Section C, Line 19

“The organization's directors receive monthly reporting and meeting minutes. Information is available to the general public upon request.”

Filing and Contact Details

Filer

Filer Name
Springfield Telescope Makers Inc
EIN
22-2582956
Phone
8028853779
Address
PO Box 601, Springfield, VT 05156

Signing Officer

Name
Glenn Jackson
Title
Treasurer
Phone
8028853779
Signed
2021-11-20
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Jeff Lowe
Formed
1927
Legal Domicile
Vt
Voting Board Members
7
Independent Board Members
7
Employees
0
Volunteers
120

Preparer

Firm
The Nonprofit First Responders
Address
PO Box 283, Ascutney, VT 05030
Preparer
Kelly Murphy
Phone
8022999121
Supplemental Narrative

Additional Explanations

Form 990, Header, Line B

“The previous 990N filing was completed in error. While the organization had revenue under the $50,000 threshold, its assets exceeded $500,000.”

Financial Statement Notes

Schedule D, Part III, Line 1

“The collection consists of amateur-made telescopes. The organization preserves them to provide a means to educate the telescope-making public as to the methods of making telescopes there were prevalent in earlier days and provides a collection for scholarly research into past manufacturing methods.”

Schedule D, Part III, Line 4

“The organization's collection consists of amateur made telescopes. Preserving them provides a means to educate the telescope making public as to the methods of making telescopes that were prevalent in earlier days and provides a collection for scholarly research into past manufacturing methods.”

Raw XML AppendixShowing 400 of 636 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.

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IRS990/MembershipDuesAmt01195
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IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0Springfield Telescope Makers, Inc. operates as an educational institution, formed to archive, teach and impart knowledge in the field of optics and mechanics, as it relates to telescopes. The organization also operates a museum dedicated to preserving the history of amateur telescope making.
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IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt00
IRS990/PrincipalOfficerNm0Jeff Lowe
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IRS990/ProgramServiceRevenueGrp/BusinessCd0712110
IRS990/ProgramServiceRevenueGrp/Desc0Telescope Class
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IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0375
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IRS990/ProgSrvcAccomActy2Grp/Desc0Springfield Telescope Makers, Inc. conducts an annual educational forum on practical optical and mechanical fabrication techniques, by an experienced telescope makers. Attendees learn the accumulated knowledge of hand crafting telescopes, thereby allowing attendees to make usable telescopes for their own purposes, as well as preserving and extending the knowledge of practical fabrication of precision optics and mechanics.
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IRS990/ProgSrvcAccomActy2Grp/RevenueAmt0375
IRS990/ProgSrvcAccomActy3Grp/Desc0Springfield Telescope Makers, Inc. operates a museum of amateur telescope making, which is open to the general public and is located in Springfield, Vermont. The museum preserves and displays telescopes and related objects that are of historical significance.
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IRS990/SavingsAndTempCashInvstGrp/BOYAmt053567

Document Assets

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Filings

Displayed year

2020 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$599,743
Liabilities
$0
Net assets
$599,743
Revenue
$21,611
Expenses
$24,871
Net income
-$3,260
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$6.75$0.00$6.75$1.18$0.84$0.34
2023Detailed filing. Detailed filing data is available for this year.$6.41$0.00$6.41$1.01$0.93$0.08
2022Detailed filing. Detailed filing data is available for this year.$6.33$0.00$6.33$0.84$0.68$0.16
2021Detailed filing. Detailed filing data is available for this year.$6.17$0.00$6.17$0.61$0.44$0.17
2020Detailed filing. Detailed filing data is available for this year.$6.00$0.00$6.00$0.22$0.25$0.03
2019Summary only. Only limited summary data is available for this year.$6.03$0.00$6.03$0.79$0.78$0.01
2018Summary only. Only limited summary data is available for this year.$6.02$0.00$6.02$0.67$0.72$0.05
2017Summary only. Only limited summary data is available for this year.$6.08$0.00$6.08$0.54$0.45$0.09
2016Summary only. Only limited summary data is available for this year.$6.13$0.03$6.10$0.70$0.58$0.12
2015Summary only. Only limited summary data is available for this year.$6.03$0.05$5.98$0.69$0.49$0.20
2014Summary only. Only limited summary data is available for this year.$5.85$0.07$5.78$0.70$0.66$0.04
2013Summary only. Only limited summary data is available for this year.$5.83$0.09$5.73$0.64$0.60$0.04
2012Summary only. Only limited summary data is available for this year.$5.69$0.00$5.69$0.86$0.56$0.30
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$5.62$0.23$5.39$0.53
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$5.63$0.33$5.30$0.59