Civic Intelligence

The Bridgewater State University Foundation

990 • Fiscal year 2019 • EIN 22-2678005

Jul 01, 2018 to Jun 30, 2019 • Filed on Jul 13, 2020

Organization ProfileWWW.ALUMNI.BRIDGEW.EDU/ABOUTFOUNDATION
26 Summer StreetBridgewater, MA 02325

(508) 531-2236

Siviq Scores

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

Liabilities / Assets

12th percentile

0.02x

Higher debt load relative to assets than 12% of similar nonprofits.

2019 filings • 501(c)3 • $50M-$100M nonprofits • Source year 2019

Liabilities / Revenue

35th percentile

0.21x

Higher debt load relative to revenue than 35% of similar nonprofits.

2019 filings • 501(c)3 • $50M-$100M nonprofits • Source year 2019

Net Margin

90th percentile

44%

Higher net margin than 90% of similar nonprofits.

2019 filings • 501(c)3 • $50M-$100M nonprofits • Source year 2019

Top Officer Pay

29th percentile

$239,321

Higher top officer pay than 29% of similar nonprofits.

Top officer pay equals 6.2% of source-year revenue.

2019 filings • 501(c)3 • $50M-$100M nonprofits • Source year 2019

Asset Growth

50th percentile

4.4%

Faster asset growth than 50% of similar nonprofits.

2019 filings • 501(c)3 • $50M-$100M nonprofits • Annualized from 2018 to 2019

Revenue Growth

2nd percentile

-69%

Faster revenue growth than 2% of similar nonprofits.

2019 filings • 501(c)3 • $50M-$100M nonprofits • Annualized from 2018 to 2019

Balance Sheet
Liabilities / Assets12th percentile

Assets

Up

$50,190,648

Up $2,117,199 (+4.4%) from 2018

Net Assets

Up

$49,366,553

Up $2,117,665 (+4.5%) from 2018

Liabilities

Down

$824,095

Down $466 (-0.1%) from 2018

Revenue And Expenses
Liabilities / Revenue35th percentileNet Margin90th percentile

Revenue

Down

$3,866,908

Down $8,732,943 (-69%) from 2018

Expenses

Down

$2,167,337

Down $30,158 (-1.4%) from 2018

Net Income

Down

$1,699,571

Down $8,702,785 (-84%) from 2018

Historical Trend

Balance Sheet Trend

Asset Growth50th percentile

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

$80M$60M$40M$20M$0Assets 2011: $21,919,422Liabilities 2011: $440,494Net Assets 2011: $21,478,9282011Assets 2012: $23,325,133Liabilities 2012: $175,639Net Assets 2012: $23,149,4942012Assets 2013: $25,186,083Liabilities 2013: $221,256Net Assets 2013: $24,964,8272013Assets 2014: $30,055,805Liabilities 2014: $292,604Net Assets 2014: $29,763,2012014Assets 2015: $32,092,925Liabilities 2015: $268,633Net Assets 2015: $31,824,2922015Assets 2016: $33,036,677Liabilities 2016: $549,736Net Assets 2016: $32,486,9412016Assets 2017: $36,951,859Liabilities 2017: $826,460Net Assets 2017: $36,125,3992017Assets 2018: $48,073,449Liabilities 2018: $824,561Net Assets 2018: $47,248,8882018Assets 2019: $50,190,648Liabilities 2019: $824,095Net Assets 2019: $49,366,5532019Assets 2020: $51,223,236Liabilities 2020: $2,141,756Net Assets 2020: $49,081,4802020Assets 2021: $58,369,881Liabilities 2021: $135,553Net Assets 2021: $58,234,3282021Assets 2022: $55,255,899Liabilities 2022: $238,893Net Assets 2022: $55,017,0062022Assets 2023: $61,352,566Liabilities 2023: $242,635Net Assets 2023: $61,109,9312023Assets 2024: $70,342,148Liabilities 2024: $652,586Net Assets 2024: $69,689,5622024

Highlighted filing

2019

Assets$50,190,648
Liabilities$824,095
Net Assets$49,366,553
Open 2019 Filing

Operations Trend

Revenue Growth2nd percentile

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

$15M$10M$5.0M$0-$5.0MRevenue 2011: $1,856,442Expenses 2011: $979,380Net Income 2011: $877,0622011Expenses 2012: $925,5082012Expenses 2013: $1,622,3582013Revenue 2014: $2,063,042Expenses 2014: $1,387,640Net Income 2014: $675,4022014Revenue 2015: $4,813,709Expenses 2015: $1,595,978Net Income 2015: $3,217,7312015Revenue 2016: $3,454,065Expenses 2016: $1,885,722Net Income 2016: $1,568,3432016Revenue 2017: $3,297,915Expenses 2017: $2,023,893Net Income 2017: $1,274,0222017Revenue 2018: $12,599,851Expenses 2018: $2,197,495Net Income 2018: $10,402,3562018Revenue 2019: $3,866,908Expenses 2019: $2,167,337Net Income 2019: $1,699,5712019Revenue 2020: $2,500,474Expenses 2020: $3,076,931Net Income 2020: -$576,4572020Revenue 2021: $3,495,548Expenses 2021: $2,928,325Net Income 2021: $567,2232021Revenue 2022: $8,431,786Expenses 2022: $4,098,012Net Income 2022: $4,333,7742022Revenue 2023: $6,345,488Expenses 2023: $5,365,276Net Income 2023: $980,2122023Revenue 2024: $10,332,528Expenses 2024: $6,314,041Net Income 2024: $4,018,4872024

Highlighted filing

2019

Revenue$3,866,908
Expenses$2,167,337
Net Income$1,699,571
Open 2019 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2018 to Jun 30, 2019
Signed
Jul 13, 2020
Return Version
2018v3.2
Gross Receipts
$41,913,405
Mission and Program Overview

Mission

To assist bridgewater state university in achieving its goal of excellence in its major functions of teaching learning and research in those educational areas where little or no state funding is available to the institution.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments Other Securities$36,977,899$39,781,132▲ $2,803,233
Land, Buildings, and Equipment, Net$4,358,703$4,266,631▼ $92,072
Pledges and Grants Receivable$64,685$596,146▲ $531,461
Cash and Non-Interest-Bearing Accounts$546,417$69,954▼ $476,463
Savings and Temporary Cash Investments$692,386$22,274▼ $670,112
Prepaid Expenses and Deferred Charges$16,116$16,518▲ $402
Accounts Receivable$0$6,285▲ $6,285
Total Assets$48,073,449$50,190,648▲ $2,117,199
Other Assets Total$5,417,243$5,431,708▲ $14,465
Liabilities
Unsecured Notes Loans Payable$619,833$599,810▼ $20,023
Other Liabilities$154,092$149,753▼ $4,339
Accounts Payable and Accrued Expenses$49,011$74,532▲ $25,521
Deferred Revenue$1,625--
Total Liabilities$824,561$824,095▼ $466
Net Assets / Fund Balance
Unrestricted Net Assets$23,052,811$24,381,407▲ $1,328,596
Permanently Rstr Net Assets$18,388,155$18,997,217▲ $609,062
Temporarily Rstr Net Assets$5,807,922$5,987,929▲ $180,007
Total Net Assets Fund Balance$47,248,888$49,366,553▲ $2,117,665
Total Liabilities and Net Assets / Fund Balance$48,073,449$50,190,648▲ $2,117,199

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$2,987,589$695,295$3,682,884
Land$1,279,042-$1,279,042
Equipment$0$56,505$56,505
Other Assets Org$5,390,000--
Other Securities$92,535--

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2018$24,196,077$1,673,178▲ $110,347-$24,985,146
2017$22,199,916$1,584,755▲ $1,415,782-$24,196,077
2016$20,170,058$996,935▲ $2,085,877-$22,199,916
2015$18,427,673$3,107,998▼ $445,276-$20,170,058
2014$15,758,051$3,972,252▼ $584,385-$18,427,673
Compensation and Service Providers
Top Officer Pay29th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Brenda MolifeVP University AdvancementPT$175,623$63,698$239,321

Board Members and Trustees

NameTitle
Thomas CaronChairman
Eugene DurginPast Chair
Joseph St LaurentVice Chair
Allen LarsonDirector
Andrew SullivanDirector
Ann UlettDirector
Christopher CooneyDirector
Claire EntelDirector
Clare ColeDirector
Daniel SmithDirector
David MessalineDirector
David RumrillDirector
Francis SherryDirector
George GurleyDirector
Jeremy DavidDirector
John Cruz IiiDirector
Louis RicciardiDirector
Marie Baroni AllenDirector
Matthew QuimbyDirector
Ohene AsareDirector
Paul Silvia EsqDirector
Phyllis KlockDirector
Sheena CollierDirector
Wayne LombardiDirector
Juliette JohnsonSecretary
Donald VincentTreasurer

Highest Paid Contractors

ContractorServicesLocationCompensation
Morgan StanleyInvestment Management125 HIGH STREET 24TH FLOOR, Boston, MA 02110$166,473
Revenue and Support

Revenue Composition

Contributions and Grants
$2,282,776
Program Service Revenue
$0
Investment Income
$1,444,791
Other Revenue
$139,341
All Other Contributions
$2,074,271
Change in Net Assets
$1,699,571

Noncash Contribution Practices

Property subject to holding requirements
No
Reviewed unusual noncash gifts
Yes
Third parties used for noncash contributions
No

Noncash Contributions

Contribution TypeContribution CountReported AmountValuation Method
Other Non Cash Contri Table1$60,227Estimated Food/bev V
Intellectual Property3$49,335Fair Market Value (FMV)
Works of Art6$9,300Appraisal Value
Total Noncash Contributions10$118,862-

Audited Revenue Reconciliation

Revenue per Audited Statements
$3,674,730
Revenue Not Reported on Financial Statements
$192,178
Revenue Not Reported on Form 990
$1,726,953
Total Revenue per Audited Statements
$5,401,683
Total Revenue per Form 990
$3,866,908
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$1,515,358
Other Expenses$651,979
Total Fundraising Expense$74,390
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Individuals$1,032,121--$1,032,121
Grants to Domestic Orgs$483,237--$483,237
Fees for Service Investment Mgmnt Fees-$192,178-$192,178
Occupancy-$164,113-$164,113
Depreciation Depletion-$92,072-$92,072
Other Expenses-$31,569$74,390$31,569
Insurance-$31,226-$31,226
Interest-$26,259-$26,259
Fees for Services Other-$17,730-$17,730
Fees for Services Accounting-$14,689-$14,689
Office Expenses-$4,486-$4,486
Fees for Services Management-$3,267-$3,267
Total Functional Expenses$1,515,358$577,589$74,390$2,167,337

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$3,284,018
Total Expenses per Form 990$2,167,337
Expenses per Audited Statements$1,975,159
Expenses Not Reported on Form 990$1,308,859
Expenses Not Reported on Financial Statements$192,178
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Bridgewater State UniversityBridgewater, MA115Support of the University Primarily Through the Annual Fund and Other Donor Designations$473,937
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$17,478
Fundraising Gross Income$17,378
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Leadership Dinner$225,883$17,378$12,215$5,163
Total Events$225,883$17,378$17,478$-100
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Annuity Payable$149,753
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
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
Yes
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section B, Line 11B

“The foundation's chief development officer, vice president of finance and comptroller detail reviews the 990 prior to filing. The 990 is made available to all board members through a secure internet portal. Once approved, the form 990 is filed with the internal revenue service.”

Form 990, Part VI, Section B, Line 12C

“Officers, directors and key employees disclose any interests that could give rise to conflicts on an annual basis at the annual meeting. Compliance and enforcement is monitored at the annual meeting and mandated by massachusetts law.”

Form 990, Part VI, Section C, Line 19

“AVAILABLE UPON REQUEST”

Filing and Contact Details

Filer

Filer Name
Bridgewater State University Foundation
EIN
22-2678005
Phone
5085312236
Address
26 SUMMER STREET, BRIDGEWATER, MA 02325

Signing Officer

Name
Douglas Shropshire
Title
Vice President of Finance
Phone
5085312236
Signed
2020-07-13
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Douglas Shropshire
Formed
1984
Legal Domicile
Ma
Voting Board Members
26
Independent Board Members
25
Employees
0
Volunteers
26

Preparer

Firm
O'CONNOR & DREW PC
Address
25 BRAINTREE HILL OFFICE PARK SUITE, 102, BRAINTREE, MA 02184
Preparer
Michael J Cosgrove
Phone
6174711120
Supplemental Narrative

Additional Explanations

Form 990, Part XII, Section A, Line 2C

“The organization has an audit committee whose purpose is the oversight and review of the audited financial statements and selection of an independent accountant. This process has not changed from prior years.”

Financial Statement Notes

PART X, LINE 2:

“The foundation has been notified by the internal revenue service that it meets the qualifications to be classified as a tax exempt entity under section 501 (c)(3) of the internal revenue code. As a not-for-profit entity exempt from income taxes, the foundation may, however, be subject to tax on unrelated business income. Accounting principles generally accepted in the united states require an entity to assess the probability that a tax position has a "more likely than not" sustainability after review by tax authorities. If a tax position is deemed not to meet this threshold, any unrecognized tax benefits and costs are estimated and recognized. Tax returns are routinely open for review by the tax authorities for three years from their due date. In certain circumstances, the statute of limitations may remain open indefinitely.”

PART XI, LINE 2D - OTHER ADJUSTMENTS:

“Direct expenses allocated to net income from fundraising events 17,478. Change in split interest annuity payable -31,569.”

PART XII, LINE 2D - OTHER ADJUSTMENTS:

“Direct expenses allocated to net income from fundraising events 17,478. Change in split interest annuity -31,569.”

Part V, Line 4

“The intended use of the endowment fund is to support the programs of the foundation.”

Raw XML AppendixShowing 400 of 779 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/Form990PartVIISectionAGrp/OtherCompensationAmt240
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt250
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt2663698
IRS990/Form990PartVIISectionAGrp/PersonNm0OHENE ASARE
IRS990/Form990PartVIISectionAGrp/PersonNm1MARIE BARONI ALLEN
IRS990/Form990PartVIISectionAGrp/PersonNm2THOMAS CARON
IRS990/Form990PartVIISectionAGrp/PersonNm3CLARE COLE
IRS990/Form990PartVIISectionAGrp/PersonNm4SHEENA COLLIER
IRS990/Form990PartVIISectionAGrp/PersonNm5CHRISTOPHER COONEY
IRS990/Form990PartVIISectionAGrp/PersonNm6JOHN CRUZ III
IRS990/Form990PartVIISectionAGrp/PersonNm7JEREMY DAVID
IRS990/Form990PartVIISectionAGrp/PersonNm8EUGENE DURGIN
IRS990/Form990PartVIISectionAGrp/PersonNm9CLAIRE ENTEL
IRS990/Form990PartVIISectionAGrp/PersonNm10GEORGE GURLEY
IRS990/Form990PartVIISectionAGrp/PersonNm11JULIETTE JOHNSON
IRS990/Form990PartVIISectionAGrp/PersonNm12PHYLLIS KLOCK
IRS990/Form990PartVIISectionAGrp/PersonNm13ALLEN LARSON
IRS990/Form990PartVIISectionAGrp/PersonNm14WAYNE LOMBARDI
IRS990/Form990PartVIISectionAGrp/PersonNm15DAVID MESSALINE
IRS990/Form990PartVIISectionAGrp/PersonNm16MATTHEW QUIMBY
IRS990/Form990PartVIISectionAGrp/PersonNm17LOUIS RICCIARDI
IRS990/Form990PartVIISectionAGrp/PersonNm18DAVID RUMRILL
IRS990/Form990PartVIISectionAGrp/PersonNm19FRANCIS SHERRY
IRS990/Form990PartVIISectionAGrp/PersonNm20PAUL SILVIA ESQ
IRS990/Form990PartVIISectionAGrp/PersonNm21DANIEL SMITH
IRS990/Form990PartVIISectionAGrp/PersonNm22JOSEPH ST LAURENT
IRS990/Form990PartVIISectionAGrp/PersonNm23ANDREW SULLIVAN
IRS990/Form990PartVIISectionAGrp/PersonNm24ANN ULETT
IRS990/Form990PartVIISectionAGrp/PersonNm25DONALD VINCENT
IRS990/Form990PartVIISectionAGrp/PersonNm26BRENDA MOLIFE
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/ReportableCompFromOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt120
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt130
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt140
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt150
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt160
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt170
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt180
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt190
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt200
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt210
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt220
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt230
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt240
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt250
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt26175623
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/ReportableCompFromRltdOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt120
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt130
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt140
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt150
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt160
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt170
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt180
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt190
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt200
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt210
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt220
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt230
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt240
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt250
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt260
IRS990/Form990PartVIISectionAGrp/TitleTxt0DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt1DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt2CHAIRMAN
IRS990/Form990PartVIISectionAGrp/TitleTxt3DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt4DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt6DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt7DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt8PAST CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt9DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt10DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt11SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt12DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt13DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt14DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt15DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt16DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt17DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt18DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt19DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt20DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt21DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt22VICE CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt23DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt24DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt25TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt26VP UNIVERSITY ADVANCEMENT
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr01984
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/ConsolidatedBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd01
IRS990/FundraisingAmt0208505
IRS990/FundraisingDirectExpensesAmt017478
IRS990/FundraisingGrossIncomeAmt017378
IRS990/GainOrLossGrp/SecuritiesAmt0664780
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt026
IRS990/GrantAmt01032121
IRS990/GrantsToDomesticIndividualsGrp/ProgramServicesAmt01032121
IRS990/GrantsToDomesticIndividualsGrp/TotalAmt01032121
IRS990/GrantsToDomesticOrgsGrp/ProgramServicesAmt0483237
IRS990/GrantsToDomesticOrgsGrp/TotalAmt0483237
IRS990/GrantsToIndividualsInd01
IRS990/GrantsToOrganizationsInd01
IRS990/GrantToRelatedPersonInd00
IRS990/GrossAmountSalesAssetsGrp/SecuritiesAmt038693799
IRS990/GrossReceiptsAmt041913405
IRS990/GrossRentsGrp/RealAmt0139441
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd01
IRS990/IndependentVotingMemberCnt025
IRS990/IndivRcvdGreaterThan100KCnt01
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIIInd0X
IRS990/InsuranceGrp/ManagementAndGeneralAmt031226
IRS990/InsuranceGrp/TotalAmt031226
IRS990/InterestGrp/ManagementAndGeneralAmt026259
IRS990/InterestGrp/TotalAmt026259
IRS990/InvestmentIncomeGrp/ExclusionAmt0780011
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt0780011
IRS990/InvestmentInJointVentureInd00
IRS990/InvestmentsOtherSecuritiesGrp/BOYAmt036977899
IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt039781132
IRS990/IRPDocumentCnt09
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt0751800
IRS990/LandBldgEquipBasisNetGrp/BOYAmt04358703
IRS990/LandBldgEquipBasisNetGrp/EOYAmt04266631
IRS990/LandBldgEquipCostOrOtherBssAmt05018431
IRS990/LegalDomicileStateCd0MA
IRS990/LessCostOthBasisSalesExpnssGrp/SecuritiesAmt038029019
IRS990/LessRentalExpensesGrp/RealAmt00
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0TO ASSIST BRIDGEWATER STATE UNIVERSITY IN ACHIEVING ITS GOAL OF EXCELLENCE IN ITS MAJOR FUNCTIONS OF TEACHING LEARNING AND RESEARCH IN THOSE EDUCATIONAL AREAS WHERE LITTLE OR NO STATE FUNDING IS AVAILABLE TO THE INSTITUTION.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt047248888
IRS990/NetAssetsOrFundBalancesEOYAmt049366553
IRS990/NetGainOrLossInvestmentsGrp/ExclusionAmt0664780
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt0664780
IRS990/NetIncmFromFundraisingEvtGrp/ExclusionAmt0-100
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt0-100
IRS990/NetRentalIncomeOrLossGrp/ExclusionAmt0139441
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt0139441
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NetUnrlzdGainsLossesInvstAmt0418094
IRS990/NoncashContributionsAmt0118862
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/ManagementAndGeneralAmt0164113
IRS990/OccupancyGrp/TotalAmt0164113
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt04486
IRS990/OfficeExpensesGrp/TotalAmt04486
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt05417243
IRS990/OtherAssetsTotalGrp/EOYAmt05431708
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherExpensesGrp/Desc0EVENT EXPENSE
IRS990/OtherExpensesGrp/Desc1CHANGE IN SPLIT INTERES
IRS990/OtherExpensesGrp/FundraisingAmt074390
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt031569
IRS990/OtherExpensesGrp/TotalAmt074390
IRS990/OtherExpensesGrp/TotalAmt131569
IRS990/OtherLiabilitiesGrp/BOYAmt0154092
IRS990/OtherLiabilitiesGrp/EOYAmt0149753
IRS990/OtherWebsiteInd0X
IRS990/PartialLiquidationInd00
IRS990/PermanentlyRstrNetAssetsGrp/BOYAmt018388155
IRS990/PermanentlyRstrNetAssetsGrp/EOYAmt018997217
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt064685
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt0596146
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt016116
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt016518
IRS990/PrincipalOfficerNm0DOUGLAS SHROPSHIRE
IRS990/ProfessionalFundraisingInd00
IRS990/ProgSrvcAccomActy2Grp/Desc0GIFTS TO BRIDGEWATER STATE UNIVERSITY TO ASSIST THE UNIVERSITY IN PROMOTING AREAS OF EDUCATION AND RESEARCH WHICH DO NOT RECEIVE STATE FUNDING
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt0483237
IRS990/ProgSrvcAccomActy2Grp/GrantAmt0483237
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt010296813
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt01518805
IRS990/PYInvestmentIncomeAmt02224660
IRS990/PYOtherExpensesAmt0678690
IRS990/PYOtherRevenueAmt078378
IRS990/PYProgramServiceRevenueAmt00
IRS990/PYRevenuesLessExpensesAmt010402356
IRS990/PYSalariesCompEmpBnftPaidAmt00
IRS990/PYTotalExpensesAmt02197495
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt012599851
IRS990/QuidProQuoContributionsInd00
IRS990/ReconcilationRevenueExpnssAmt01699571

Document Assets

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Filings

Displayed year

2019 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$50,190,648
Liabilities
$824,095
Net assets
$49,366,553
Revenue
$3,866,908
Expenses
$2,167,337
Net income
$1,699,571
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$70.3$0.65$69.7$10.3$6.31$4.02
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$61.4$0.24$61.1$6.35$5.37$0.98
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$55.3$0.24$55.0$8.43$4.10$4.33
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$58.4$0.14$58.2$3.50$2.93$0.57
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$51.2$2.14$49.1$2.50$3.08$0.58
2019Detailed filing. Detailed filing data is available for this year.$50.2$0.82$49.4$3.87$2.17$1.70
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$48.1$0.82$47.2$12.6$2.20$10.4
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$37.0$0.83$36.1$3.30$2.02$1.27
2016Detailed filing. Detailed filing data is available for this year.$33.0$0.55$32.5$3.45$1.89$1.57
2015Detailed filing. Detailed filing data is available for this year.$32.1$0.27$31.8$4.81$1.60$3.22
2014Detailed filing. Detailed filing data is available for this year.$30.1$0.29$29.8$2.06$1.39$0.68
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$25.2$0.22$25.0$1.62
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$23.3$0.18$23.1$0.93
2011Summary only. Only limited summary data is available for this year.$21.9$0.44$21.5$1.86$0.98$0.88