Civic Intelligence

The Bridgewater State University Foundation

990 • Fiscal year 2020 • EIN 22-2678005

Jul 01, 2019 to Jun 30, 2020 • Filed on May 17, 2021

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

(508) 531-2691

Siviq Scores

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

Liabilities / Assets

20th percentile

0.04x

Higher debt load relative to assets than 20% of similar nonprofits.

2020 filings • 501(c)3 • $50M-$100M nonprofits • Source year 2020

Liabilities / Revenue

69th percentile

0.86x

Higher debt load relative to revenue than 69% of similar nonprofits.

2020 filings • 501(c)3 • $50M-$100M nonprofits • Source year 2020

Net Margin

10th percentile

-23%

Higher net margin than 10% of similar nonprofits.

2020 filings • 501(c)3 • $50M-$100M nonprofits • Source year 2020

Top Officer Pay

15th percentile

$160,367

Higher top officer pay than 15% of similar nonprofits.

Top officer pay equals 6.4% of source-year revenue.

2020 filings • 501(c)3 • $50M-$100M nonprofits • Source year 2020

Asset Growth

35th percentile

2.1%

Faster asset growth than 35% of similar nonprofits.

2020 filings • 501(c)3 • $50M-$100M nonprofits • Annualized from 2019 to 2020

Revenue Growth

9th percentile

-35%

Faster revenue growth than 9% of similar nonprofits.

2020 filings • 501(c)3 • $50M-$100M nonprofits • Annualized from 2019 to 2020

Balance Sheet
Liabilities / Assets20th percentile

Assets

Up

$51,223,236

Up $1,032,588 (+2.1%) from 2019

Net Assets

Down

$49,081,480

Down $285,073 (-0.6%) from 2019

Liabilities

Up

$2,141,756

Up $1,317,661 (+160%) from 2019

Revenue And Expenses
Liabilities / Revenue69th percentileNet Margin10th percentile

Revenue

Down

$2,500,474

Down $1,366,434 (-35%) from 2019

Expenses

Up

$3,076,931

Up $909,594 (+42%) from 2019

Net Income

Down

-$576,457

Down $2,276,028 (-134%) from 2019

Historical Trend

Balance Sheet Trend

Asset Growth35th 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

2020

Assets$51,223,236
Liabilities$2,141,756
Net Assets$49,081,480
Open 2020 Filing

Operations Trend

Revenue Growth9th 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

2020

Revenue$2,500,474
Expenses$3,076,931
Net Income-$576,457
Open 2020 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2019 to Jun 30, 2020
Signed
May 17, 2021
Return Version
2019v5.2
Gross Receipts
$4,947,643
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.

SEE SCHEDULE O

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments Other Securities$39,781,132$40,115,844▲ $334,712
Land, Buildings, and Equipment, Net$4,266,631$4,366,829▲ $100,198
Cash and Non-Interest-Bearing Accounts$69,954$800,341▲ $730,387
Pledges and Grants Receivable$596,146$508,226▼ $87,920
Accounts Receivable$6,285$23,962▲ $17,677
Savings and Temporary Cash Investments$22,274$17,915▼ $4,359
Prepaid Expenses and Deferred Charges$16,518$119▼ $16,399
Total Assets$50,190,648$51,223,236▲ $1,032,588
Other Assets Total$5,431,708$5,390,000▼ $41,708
Liabilities
Accounts Payable and Accrued Expenses$74,532$1,454,656▲ $1,380,124
Unsecured Notes Loans Payable$599,810$587,386▼ $12,424
Other Liabilities$149,753$91,189▼ $58,564
Deferred Revenue$0$8,525▲ $8,525
Total Liabilities$824,095$2,141,756▲ $1,317,661
Net Assets / Fund Balance
Net Assets With Donor Restrictions$24,985,146$25,320,926▲ $335,780
Net Assets Without Donor Restrictions$24,381,407$23,760,554▼ $620,853
Total Net Assets Fund Balance$49,366,553$49,081,480▼ $285,073
Total Liabilities and Net Assets / Fund Balance$50,190,648$51,223,236▲ $1,032,588

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$3,036,112$787,369$3,823,481
Land$1,279,042-$1,279,042
Equipment$0$56,505$56,505
Leasehold Improvements$51,675$1,325$53,000
Other Assets Org$5,390,000--
Other Securities$1,152,929--

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2019$24,985,146$1,589,767▲ $278,343-$25,320,926
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
Compensation and Service Providers
Top Officer Pay15th percentile

Board Members and Trustees

NameTitle
Joseph St LaurentChairman
Eugene DurginPast Chair
Thomas CaronPast Chair
David RumrillVice Chair
Allen LarsonDirector
Andrew SullivanDirector
Ann UlettDirector
Christopher CooneyDirector
Claire EntelDirector
Clare ColeDirector
Daniel SmithDirector
David MessalineDirector
Francis SherryDirector
George GurleyDirector
Jeremy DavidDirector
John Cruz IiiDirector
Lori HindleDirector
Louis RicciardiDirector
Marie Baroni AllenDirector
Matthew QuimbyDirector
Ohene AsareDirector
Paul Silvia EsqDirector
Phyllis KlockDirector
Wayne LombardiDirector
Ellen OliverChief Devolpement Officer
Juliette JohnsonSecretary
Donald VincentTreasurer

Highest Paid Contractors

ContractorServicesLocationCompensation
Russell InvestmentsInvestment Management1301 2ND AVE 18TH FLOOR, Seattle, WA 98101$180,092
Revenue and Support

Revenue Composition

Contributions and Grants
$2,241,155
Program Service Revenue
$0
Investment Income
$125,104
Other Revenue
$134,215
All Other Contributions
$2,235,147
Change in Net Assets
$-576,457

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
Intellectual Property5$337,393Fair Market Value (FMV)
Total Noncash Contributions5$337,393-

Audited Revenue Reconciliation

Revenue per Audited Statements
$2,318,768
Revenue Not Reported on Financial Statements
$181,706
Revenue Not Reported on Form 990
$1,718,466
Total Revenue per Audited Statements
$4,037,234
Total Revenue per Form 990
$2,500,474
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$2,390,162
Other Expenses$686,769
Total Fundraising Expense$16,802
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$1,262,967--$1,262,967
Grants to Domestic Individuals$1,127,195--$1,127,195
Fees for Service Investment Mgmnt Fees-$181,706-$181,706
Occupancy-$144,295-$144,295
Fees for Services Other-$136,939-$136,939
Depreciation Depletion-$93,397-$93,397
Insurance-$47,406-$47,406
Interest-$25,346-$25,346
Office Expenses-$21,795-$21,795
Other Expenses--$16,802$16,802
Fees for Services Accounting-$15,115-$15,115
Fees for Services Management-$2,643-$2,643
Fees for Services Legal-$1,325-$1,325
Total Functional Expenses$2,390,162$669,967$16,802$3,076,931

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$4,322,307
Total Expenses per Form 990$3,076,931
Expenses per Audited Statements$2,895,225
Expenses Not Reported on Form 990$1,427,082
Expenses Not Reported on Financial Statements$181,706
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Bridgewater State UniversityBridgewater, MA115Support of the University Primarily Through the Annual Fund and Other Donor Designations$1,181,292
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$0
Fundraising Gross Income$0
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
Annuity Payable$91,189
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 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
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 avaliable 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
5085312691
Address
26 SUMMER STREET, BRIDGEWATER, MA 02325

Signing Officer

Name
Douglas Shropshire
Title
Vice President of Finance
Phone
5085312236
Signed
2021-05-17
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Douglas Shropshire
Formed
1984
Legal Domicile
Ma
Voting Board Members
25
Independent Board Members
24
Employees
0
Volunteers
25

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 I, Line 1

“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.”

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 V, Line 4

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

Raw XML AppendixShowing 400 of 741 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/PersonNm2THOMAS CARON
IRS990/Form990PartVIISectionAGrp/PersonNm3CLARE COLE
IRS990/Form990PartVIISectionAGrp/PersonNm4CHRISTOPHER COONEY
IRS990/Form990PartVIISectionAGrp/PersonNm5JEREMY DAVID
IRS990/Form990PartVIISectionAGrp/PersonNm6EUGENE DURGIN
IRS990/Form990PartVIISectionAGrp/PersonNm7CLAIRE ENTEL
IRS990/Form990PartVIISectionAGrp/PersonNm8GEORGE GURLEY
IRS990/Form990PartVIISectionAGrp/PersonNm9ANN ULETT
IRS990/Form990PartVIISectionAGrp/PersonNm10WAYNE LOMBARDI
IRS990/Form990PartVIISectionAGrp/PersonNm11DAVID MESSALINE
IRS990/Form990PartVIISectionAGrp/PersonNm12MATTHEW QUIMBY
IRS990/Form990PartVIISectionAGrp/PersonNm13LOUIS RICCIARDI
IRS990/Form990PartVIISectionAGrp/PersonNm14DAVID RUMRILL
IRS990/Form990PartVIISectionAGrp/PersonNm15DANIEL SMITH
IRS990/Form990PartVIISectionAGrp/PersonNm16JOSEPH ST LAURENT
IRS990/Form990PartVIISectionAGrp/PersonNm17ANDREW SULLIVAN
IRS990/Form990PartVIISectionAGrp/PersonNm18DONALD VINCENT
IRS990/Form990PartVIISectionAGrp/PersonNm19JOHN CRUZ III
IRS990/Form990PartVIISectionAGrp/PersonNm20JULIETTE JOHNSON
IRS990/Form990PartVIISectionAGrp/PersonNm21PHYLLIS KLOCK
IRS990/Form990PartVIISectionAGrp/PersonNm22ALLEN LARSON
IRS990/Form990PartVIISectionAGrp/PersonNm23FRANCIS SHERRY
IRS990/Form990PartVIISectionAGrp/PersonNm24PAUL SILVIA ESQ
IRS990/Form990PartVIISectionAGrp/PersonNm25LORI HINDLE
IRS990/Form990PartVIISectionAGrp/PersonNm26ELLEN OLIVER
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
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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/ReportableCompFromOrgAmt260
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/ReportableCompFromRltdOrgAmt26116284
IRS990/Form990PartVIISectionAGrp/TitleTxt0DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt1DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt2PAST CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt3DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt4DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt6PAST CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt7DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt8DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt9DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt10DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt11DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt12DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt13DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt14VICE CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt15DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt16CHAIRMAN
IRS990/Form990PartVIISectionAGrp/TitleTxt17DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt18TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt19DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt20SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt21DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt22DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt23DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt24DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt25DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt26CHIEF DEVOLPEMENT OFFICER
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr01984
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
IRS990/FundraisingAmt06008
IRS990/FundraisingDirectExpensesAmt00
IRS990/FundraisingGrossIncomeAmt00
IRS990/GainOrLossGrp/SecuritiesAmt099504
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt025
IRS990/GrantAmt01127195
IRS990/GrantsToDomesticIndividualsGrp/ProgramServicesAmt01127195
IRS990/GrantsToDomesticIndividualsGrp/TotalAmt01127195
IRS990/GrantsToDomesticOrgsGrp/ProgramServicesAmt01262967
IRS990/GrantsToDomesticOrgsGrp/TotalAmt01262967
IRS990/GrantsToIndividualsInd01
IRS990/GrantsToOrganizationsInd01
IRS990/GrantToRelatedPersonInd00
IRS990/GrossAmountSalesAssetsGrp/SecuritiesAmt02546673
IRS990/GrossReceiptsAmt04947643
IRS990/GrossRentsGrp/RealAmt0134215
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd01
IRS990/IndependentVotingMemberCnt024
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIIInd0X
IRS990/InsuranceGrp/ManagementAndGeneralAmt047406
IRS990/InsuranceGrp/TotalAmt047406
IRS990/InterestGrp/ManagementAndGeneralAmt025346
IRS990/InterestGrp/TotalAmt025346
IRS990/InvestmentIncomeGrp/ExclusionAmt025600
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt025600
IRS990/InvestmentInJointVentureInd00
IRS990/InvestmentsOtherSecuritiesGrp/BOYAmt039781132
IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt040115844
IRS990/IRPDocumentCnt09
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt0845199
IRS990/LandBldgEquipBasisNetGrp/BOYAmt04266631
IRS990/LandBldgEquipBasisNetGrp/EOYAmt04366829
IRS990/LandBldgEquipCostOrOtherBssAmt05212028
IRS990/LegalDomicileStateCd0MA
IRS990/LessCostOthBasisSalesExpnssGrp/SecuritiesAmt02447169
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
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IRS990/NetAssetsOrFundBalancesEOYAmt049081480
IRS990/NetGainOrLossInvestmentsGrp/ExclusionAmt099504
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt099504
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt00
IRS990/NetRentalIncomeOrLossGrp/ExclusionAmt0134215
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt0134215
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NetUnrlzdGainsLossesInvstAmt0291384
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IRS990/NoListedPersonsCompensatedInd0X
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IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
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IRS990/OtherAssetsTotalGrp/EOYAmt05390000
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherExpensesGrp/Desc0EVENT EXPENSE
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IRS990/OtherExpensesGrp/TotalAmt016802
IRS990/OtherLiabilitiesGrp/BOYAmt0149753
IRS990/OtherLiabilitiesGrp/EOYAmt091189
IRS990/OtherWebsiteInd0X
IRS990/PartialLiquidationInd00
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt0596146
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt0508226
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt016518
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt0119
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
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IRS990/ProgSrvcAccomActy2Grp/GrantAmt01262967
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
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IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt01515358
IRS990/PYInvestmentIncomeAmt01444791
IRS990/PYOtherExpensesAmt0651979
IRS990/PYOtherRevenueAmt0139341
IRS990/PYProgramServiceRevenueAmt00
IRS990/PYRevenuesLessExpensesAmt01699571
IRS990/PYSalariesCompEmpBnftPaidAmt00
IRS990/PYTotalExpensesAmt02167337
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt03866908
IRS990/QuidProQuoContributionsInd00
IRS990/ReconcilationRevenueExpnssAmt0-576457

Document Assets

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Filings

Displayed year

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

Open filing
Assets
$51,223,236
Liabilities
$2,141,756
Net assets
$49,081,480
Revenue
$2,500,474
Expenses
$3,076,931
Net income
-$576,457
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
2020Detailed filing. Detailed filing data is available for this year.$51.2$2.14$49.1$2.50$3.08$0.58
2019Facts available. Structured filing facts are available, but richer extracted sections are limited.$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