Civic Intelligence

The Bridgewater State University Foundation

990 • Fiscal year 2021 • EIN 22-2678005

Jul 01, 2020 to Jun 30, 2021 • Filed on May 11, 2022

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

7th percentile

0.00x

Higher debt load relative to assets than 7% of similar nonprofits.

2021 filings • 501(c)3 • $50M-$100M nonprofits • Source year 2021

Liabilities / Revenue

11th percentile

0.04x

Higher debt load relative to revenue than 11% of similar nonprofits.

2021 filings • 501(c)3 • $50M-$100M nonprofits • Source year 2021

Net Margin

60th percentile

16%

Higher net margin than 60% of similar nonprofits.

2021 filings • 501(c)3 • $50M-$100M nonprofits • Source year 2021

Top Officer Pay

31st percentile

$239,639

Higher top officer pay than 31% of similar nonprofits.

Top officer pay equals 6.9% of source-year revenue.

2021 filings • 501(c)3 • $50M-$100M nonprofits • Source year 2021

Asset Growth

57th percentile

14%

Faster asset growth than 57% of similar nonprofits.

2021 filings • 501(c)3 • $50M-$100M nonprofits • Annualized from 2020 to 2021

Revenue Growth

76th percentile

40%

Faster revenue growth than 76% of similar nonprofits.

2021 filings • 501(c)3 • $50M-$100M nonprofits • Annualized from 2020 to 2021

Balance Sheet
Liabilities / Assets7th percentile

Assets

Up

$58,369,881

Up $7,146,645 (+14%) from 2020

Net Assets

Up

$58,234,328

Up $9,152,848 (+19%) from 2020

Liabilities

Down

$135,553

Down $2,006,203 (-94%) from 2020

Revenue And Expenses
Liabilities / Revenue11th percentileNet Margin60th percentile

Revenue

Up

$3,495,548

Up $995,074 (+40%) from 2020

Expenses

Down

$2,928,325

Down $148,606 (-4.8%) from 2020

Net Income

Up

$567,223

Up $1,143,680 (+198%) from 2020

Historical Trend

Balance Sheet Trend

Asset Growth57th 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

2021

Assets$58,369,881
Liabilities$135,553
Net Assets$58,234,328
Open 2021 Filing

Operations Trend

Revenue Growth76th 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

2021

Revenue$3,495,548
Expenses$2,928,325
Net Income$567,223
Open 2021 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2020 to Jun 30, 2021
Signed
May 11, 2022
Return Version
2020v4.2
Gross Receipts
$5,792,296
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$40,115,844$53,374,043▲ $13,258,199
Land, Buildings, and Equipment, Net$4,366,829$1,688,616▼ $2,678,213
Cash and Non-Interest-Bearing Accounts$800,341$1,413,975▲ $613,634
Pledges and Grants Receivable$508,226$739,560▲ $231,334
Savings and Temporary Cash Investments$17,915$17,921▲ $6
Accounts Receivable$23,962$10,681▼ $13,281
Prepaid Expenses and Deferred Charges$119$85▼ $34
Total Assets$51,223,236$58,369,881▲ $7,146,645
Other Assets Total$5,390,000$1,125,000▼ $4,265,000
Liabilities
Unsecured Notes Loans Payable$587,386$0▼ $587,386
Other Liabilities$91,189$92,740▲ $1,551
Accounts Payable and Accrued Expenses$1,454,656$42,813▼ $1,411,843
Deferred Revenue$8,525$0▼ $8,525
Total Liabilities$2,141,756$135,553▼ $2,006,203
Net Assets / Fund Balance
Net Assets With Donor Restrictions$25,320,926$34,523,069▲ $9,202,143
Net Assets Without Donor Restrictions$23,760,554$23,711,259▼ $49,295
Total Net Assets Fund Balance$49,081,480$58,234,328▲ $9,152,848
Total Liabilities and Net Assets / Fund Balance$51,223,236$58,369,881▲ $7,146,645

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$1,108,456$716,908$1,825,364
Land$531,135-$531,135
Equipment$0$56,505$56,505
Leasehold Improvements$49,025$3,975$53,000
Other Securities$82,927--

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2020$25,320,926$1,946,064▲ $8,434,338-$34,523,069
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
Compensation and Service Providers
Top Officer Pay31st percentile

Board Members and Trustees

NameTitle
Joseph St LaurentFoundation Chair
Eugene DurginPast Chair
Thomas CaronPast President
David Rumrill1st Vice Chair
Jeremy David2nd Vice Chair
Andrew SullivanDirector
Christopher CooneyDirector
Clare ColeDirector
Daniel SmithDirector
David MessalineDirector
Donald VincentDirector
George GurleyDirector
John DisantoDirector
Lisa Bianca BattaglinoDirector
Lori HindleDirector
Louis RicciardiDirector
Matthew QuimbyDirector
Ohene AsareDirector
Wayne LombardiDirector
Ellen OliverChief Development Officer
Phyllis KlockSecretary
Ann UlettTreasurer

Highest Paid Contractors

ContractorServicesLocationCompensation
Russell InvestmentsInvestment Management1301 2ND AVENUE 18TH FLOOR, Seattle, WA 98101$210,442
Revenue and Support

Revenue Composition

Contributions and Grants
$2,816,471
Program Service Revenue
$0
Investment Income
$632,673
Other Revenue
$46,404
All Other Contributions
$2,813,354
Change in Net Assets
$567,223

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
Works of Art1$324,000Fair Market Value (FMV)
Securities Publicly Traded3$104,183Fair Market Value (FMV)
Total Noncash Contributions4$428,183-

Audited Revenue Reconciliation

Revenue per Audited Statements
$3,285,105
Revenue Not Reported on Financial Statements
$210,443
Revenue Not Reported on Form 990
$13,472,308
Total Revenue per Audited Statements
$16,757,413
Total Revenue per Form 990
$3,495,548
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$2,372,636
Other Expenses$555,689
Total Fundraising Expense$2,148
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$1,346,573--$1,346,573
Grants to Domestic Individuals$1,026,063--$1,026,063
Fees for Service Investment Mgmnt Fees-$210,443-$210,443
Occupancy-$139,714-$139,714
Fees for Services Other-$67,825-$67,825
Depreciation Depletion-$59,894-$59,894
Insurance-$36,558-$36,558
Fees for Services Accounting-$15,138-$15,138
Interest-$11,833-$11,833
Office Expenses-$7,376-$7,376
Fees for Services Legal-$2,500-$2,500
Fees for Services Management-$2,260-$2,260
Other Expenses--$2,148$2,148
Total Functional Expenses$2,372,636$553,541$2,148$2,928,325

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$7,604,565
Expenses Not Reported on Form 990$4,886,683
Total Expenses per Form 990$2,928,325
Expenses per Audited Statements$2,717,882
Expenses Not Reported on Financial Statements$210,443
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Bridgewater State UniversityBridgewater, MA115Support of the University Primarily Through the Annual Fund and Other Donor Designations$995,573
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$92,740
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
Doug Shropshire
Title
Vice President of Finance
Phone
5085312236
Signed
2022-05-11
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Doug Shropshire
Formed
1984
Legal Domicile
Ma
Voting Board Members
21
Independent Board Members
20
Employees
0
Volunteers
21

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 XI, LINE 9:

“Loss on sale of property -1,369,943. Impairment loss -2,260,000.”

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 XII, LINE 2D - OTHER ADJUSTMENTS:

“Impairment loss 2,260,000.”

Part V, Line 4

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

Raw XML AppendixShowing 400 of 725 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/AccountantCompileOrReviewInd00
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt01454656
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt042813
IRS990/AccountsReceivableGrp/BOYAmt023962
IRS990/AccountsReceivableGrp/EOYAmt010681
IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0SEE SCHEDULE O
IRS990/AllOtherContributionsAmt02813354
IRS990/AnnualDisclosureCoveredPrsnInd01
IRS990/AuditCommitteeInd01
IRS990/BackupWthldComplianceInd01
IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0ELLEN OLIVER
IRS990/BooksInCareOfDetail/PhoneNum05085312691
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt026 SUMMER STREET
IRS990/BooksInCareOfDetail/USAddress/CityNm0BRIDGEWATER
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0MA
IRS990/BooksInCareOfDetail/USAddress/ZIPCd002325
IRS990/BusinessRlnWith35CtrlEntInd00
IRS990/BusinessRlnWithFamMemInd00
IRS990/BusinessRlnWithOrgMemInd00
IRS990/CashNonInterestBearingGrp/BOYAmt0800341
IRS990/CashNonInterestBearingGrp/EOYAmt01413975
IRS990/ChangeToOrgDocumentsInd00
IRS990/CntrctRcvdGreaterThan100KCnt01
IRS990/CollectionsOfArtInd00
IRS990/CompensationFromOtherSrcsInd00
IRS990/CompensationProcessCEOInd00
IRS990/CompensationProcessOtherInd00
IRS990/ConflictOfInterestPolicyInd01
IRS990/ConservationEasementsInd00
IRS990/ConsolidatedAuditFinclStmtInd01
IRS990/ContractorCompensationGrp/CompensationAmt0210442
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/AddressLine1Txt01301 2ND AVENUE 18TH FLOOR
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/CityNm0SEATTLE
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/StateAbbreviationCd0WA
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/ZIPCd098101
IRS990/ContractorCompensationGrp/ContractorName/BusinessName/BusinessNameLine1Txt0RUSSELL INVESTMENTS
IRS990/ContractorCompensationGrp/ServicesDesc0INVESTMENT MANAGEMENT
IRS990/ContriRptFundraisingEventAmt03117
IRS990/CreditCounselingInd00
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt02816471
IRS990/CYGrantsAndSimilarPaidAmt02372636
IRS990/CYInvestmentIncomeAmt0632673
IRS990/CYOtherExpensesAmt0555689
IRS990/CYOtherRevenueAmt046404
IRS990/CYProgramServiceRevenueAmt00
IRS990/CYRevenuesLessExpensesAmt0567223
IRS990/CYSalariesCompEmpBnftPaidAmt00
IRS990/CYTotalExpensesAmt02928325
IRS990/CYTotalFundraisingExpenseAmt02148
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt03495548
IRS990/DecisionsSubjectToApprovaInd00
IRS990/DeductibleArtContributionInd01
IRS990/DeductibleNonCashContriInd01
IRS990/DeferredRevenueGrp/BOYAmt08525
IRS990/DeferredRevenueGrp/EOYAmt00
IRS990/DelegationOfMgmtDutiesInd00
IRS990/DepreciationDepletionGrp/ManagementAndGeneralAmt059894
IRS990/DepreciationDepletionGrp/TotalAmt059894
IRS990/Desc0EXPENSES WERE INCURRED TO AWARD STUDENT SCHOLARSHIPS AND FINANCIAL ASSISTANCE TO STUDENTS OF BRIDGEWATER STATE UNIVERSITY
IRS990/DescribedInSection501c3Ind01
IRS990/DisregardedEntityInd00
IRS990/DocumentRetentionPolicyInd01
IRS990/DonorAdvisedFundInd00
IRS990/DonorRestrictionNetAssetsGrp/BOYAmt025320926
IRS990/DonorRestrictionNetAssetsGrp/EOYAmt034523069
IRS990/DonorRstrOrQuasiEndowmentsInd01
IRS990/ElectionOfBoardMembersInd00
IRS990/EmployeeCnt00
IRS990/EngagedInExcessBenefitTransInd00
IRS990/ExpenseAmt01026063
IRS990/FamilyOrBusinessRlnInd00
IRS990/FederalGrantAuditRequiredInd00
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt015138
IRS990/FeesForServicesAccountingGrp/TotalAmt015138
IRS990/FeesForServicesLegalGrp/ManagementAndGeneralAmt02500
IRS990/FeesForServicesLegalGrp/TotalAmt02500
IRS990/FeesForServicesManagementGrp/ManagementAndGeneralAmt02260
IRS990/FeesForServicesManagementGrp/TotalAmt02260
IRS990/FeesForServicesOtherGrp/ManagementAndGeneralAmt067825
IRS990/FeesForServicesOtherGrp/TotalAmt067825
IRS990/FeesForSrvcInvstMgmntFeesGrp/ManagementAndGeneralAmt0210443
IRS990/FeesForSrvcInvstMgmntFeesGrp/TotalAmt0210443
IRS990/ForeignActivitiesInd00
IRS990/ForeignFinancialAccountInd00
IRS990/ForeignOfficeInd00
IRS990/Form8282PropertyDisposedOfInd00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt030.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt00.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt10.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt20.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt30.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt40.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt50.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt60.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt70.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt80.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt90.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt100.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt110.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt120.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt130.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt140.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt150.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt160.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt170.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt180.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt190.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt200.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt2110.00
IRS990/Form990PartVIISectionAGrp/HighestCompensatedEmployeeInd0X
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/IndividualTrusteeOrDirectorInd9X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd10X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd11X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd12X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd13X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd14X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd15X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd16X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd17X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd18X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd19X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd20X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OfficerInd3X
IRS990/Form990PartVIISectionAGrp/OfficerInd4X
IRS990/Form990PartVIISectionAGrp/OfficerInd5X
IRS990/Form990PartVIISectionAGrp/OfficerInd6X
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/OtherCompensationAmt90
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt100
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt110
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt120
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt130
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt140
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt150
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt160
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt170
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt180
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt190
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt200
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt2166389
IRS990/Form990PartVIISectionAGrp/PersonNm0OHENE ASARE
IRS990/Form990PartVIISectionAGrp/PersonNm1THOMAS CARON
IRS990/Form990PartVIISectionAGrp/PersonNm2CLARE COLE
IRS990/Form990PartVIISectionAGrp/PersonNm3CHRISTOPHER COONEY
IRS990/Form990PartVIISectionAGrp/PersonNm4JEREMY DAVID
IRS990/Form990PartVIISectionAGrp/PersonNm5EUGENE DURGIN
IRS990/Form990PartVIISectionAGrp/PersonNm6GEORGE GURLEY
IRS990/Form990PartVIISectionAGrp/PersonNm7ANN ULETT
IRS990/Form990PartVIISectionAGrp/PersonNm8WAYNE LOMBARDI
IRS990/Form990PartVIISectionAGrp/PersonNm9DAVID MESSALINE
IRS990/Form990PartVIISectionAGrp/PersonNm10MATTHEW QUIMBY
IRS990/Form990PartVIISectionAGrp/PersonNm11LOUIS RICCIARDI
IRS990/Form990PartVIISectionAGrp/PersonNm12DAVID RUMRILL
IRS990/Form990PartVIISectionAGrp/PersonNm13DANIEL SMITH
IRS990/Form990PartVIISectionAGrp/PersonNm14JOSEPH ST LAURENT
IRS990/Form990PartVIISectionAGrp/PersonNm15ANDREW SULLIVAN
IRS990/Form990PartVIISectionAGrp/PersonNm16DONALD VINCENT
IRS990/Form990PartVIISectionAGrp/PersonNm17LISA BIANCA BATTAGLINO
IRS990/Form990PartVIISectionAGrp/PersonNm18JOHN DISANTO
IRS990/Form990PartVIISectionAGrp/PersonNm19LORI HINDLE
IRS990/Form990PartVIISectionAGrp/PersonNm20PHYLLIS KLOCK
IRS990/Form990PartVIISectionAGrp/PersonNm21ELLEN OLIVER
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/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/ReportableCompFromRltdOrgAmt21173250
IRS990/Form990PartVIISectionAGrp/TitleTxt0DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt1PAST PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt2DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt3DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt42ND VICE CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt5PAST CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt6DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt7TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt8DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt9DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt10DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt11DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt121ST VICE CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt13DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt14FOUNDATION CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt15DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt16DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt17DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt18DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt19DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt20SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt21CHIEF DEVELOPMENT OFFICER
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr01984
IRS990/FormerOfcrEmployeesListedInd01
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
IRS990/FundraisingAmt03117
IRS990/FundraisingDirectExpensesAmt00
IRS990/FundraisingGrossIncomeAmt00
IRS990/GainOrLossGrp/SecuritiesAmt0618733
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt021
IRS990/GrantAmt01026063
IRS990/GrantsToDomesticIndividualsGrp/ProgramServicesAmt01026063
IRS990/GrantsToDomesticIndividualsGrp/TotalAmt01026063
IRS990/GrantsToDomesticOrgsGrp/ProgramServicesAmt01346573
IRS990/GrantsToDomesticOrgsGrp/TotalAmt01346573
IRS990/GrantsToIndividualsInd01
IRS990/GrantsToOrganizationsInd01
IRS990/GrantToRelatedPersonInd00
IRS990/GrossAmountSalesAssetsGrp/SecuritiesAmt02915481
IRS990/GrossReceiptsAmt05792296
IRS990/GrossRentsGrp/RealAmt046404
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd01
IRS990/IndependentVotingMemberCnt020
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIIInd0X
IRS990/InfoInScheduleOPartXIInd0X
IRS990/InsuranceGrp/ManagementAndGeneralAmt036558
IRS990/InsuranceGrp/TotalAmt036558
IRS990/InterestGrp/ManagementAndGeneralAmt011833
IRS990/InterestGrp/TotalAmt011833
IRS990/InvestmentIncomeGrp/ExclusionAmt013940
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt013940
IRS990/InvestmentInJointVentureInd00
IRS990/InvestmentsOtherSecuritiesGrp/BOYAmt040115844
IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt053374043
IRS990/IRPDocumentCnt09
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt0777388
IRS990/LandBldgEquipBasisNetGrp/BOYAmt04366829
IRS990/LandBldgEquipBasisNetGrp/EOYAmt01688616
IRS990/LandBldgEquipCostOrOtherBssAmt02466004
IRS990/LegalDomicileStateCd0MA
IRS990/LessCostOthBasisSalesExpnssGrp/SecuritiesAmt02296748
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/NetAssetsOrFundBalancesBOYAmt049081480
IRS990/NetAssetsOrFundBalancesEOYAmt058234328
IRS990/NetGainOrLossInvestmentsGrp/ExclusionAmt0618733
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt0618733
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt00
IRS990/NetRentalIncomeOrLossGrp/ExclusionAmt046404
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt046404
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NetUnrlzdGainsLossesInvstAmt012215568
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt023760554
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt023711259
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NoncashContributionsAmt0104183
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/ManagementAndGeneralAmt0139714
IRS990/OccupancyGrp/TotalAmt0139714
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt07376
IRS990/OfficeExpensesGrp/TotalAmt07376
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt05390000
IRS990/OtherAssetsTotalGrp/EOYAmt01125000
IRS990/OtherChangesInNetAssetsAmt0-3629943
IRS990/OtherExpensesGrp/Desc0EVENT EXPENSE
IRS990/OtherExpensesGrp/FundraisingAmt02148
IRS990/OtherExpensesGrp/TotalAmt02148
IRS990/OtherLiabilitiesGrp/BOYAmt091189
IRS990/OtherLiabilitiesGrp/EOYAmt092740
IRS990/OtherWebsiteInd0X
IRS990/PartialLiquidationInd00
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt0508226
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt0739560
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt0119
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt085
IRS990/PrincipalOfficerNm0DOUG SHROPSHIRE
IRS990/ProfessionalFundraisingInd00
IRS990/ProgSrvcAccomActy2Grp/Desc0GIFTS TO BRIDGEWATER STATE UNIVERSITY TO ASSIST THE UNIVERSITY IN PROMOTING AREAS OF EDUCATION AND RESEARCH WHICH MAY NOT RECEIVE STATE FUNDING
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt01346573
IRS990/ProgSrvcAccomActy2Grp/GrantAmt01346573
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt02241155
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt02390162
IRS990/PYInvestmentIncomeAmt0125104
IRS990/PYOtherExpensesAmt0686769
IRS990/PYOtherRevenueAmt0134215
IRS990/PYProgramServiceRevenueAmt00
IRS990/PYRevenuesLessExpensesAmt0-576457
IRS990/PYSalariesCompEmpBnftPaidAmt00
IRS990/PYTotalExpensesAmt03076931
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt02500474
IRS990/QuidProQuoContributionsInd00
IRS990/ReconcilationRevenueExpnssAmt0567223
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/RentalIncomeOrLossGrp/RealAmt046404
IRS990/ReportInvestmentsOtherSecInd01
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt017915
IRS990/SavingsAndTempCashInvstGrp/EOYAmt017921
IRS990ScheduleA/CollegeOrganizationInd0X
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt02813354
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt02241155
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt02282776
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt010296813
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt01792314
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt019426412
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/CurrentTaxYearAmt01256740
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/CurrentTaxYearMinus1YearAmt01508757
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/CurrentTaxYearMinus2YearsAmt01322950
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/CurrentTaxYearMinus3YearsAmt01025470
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/CurrentTaxYearMinus4YearsAmt01209783
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/TotalAmt06323700
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt013940
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt025600
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt0780011
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt0900799
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt0693839
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt02414189

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2021 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$58,369,881
Liabilities
$135,553
Net assets
$58,234,328
Revenue
$3,495,548
Expenses
$2,928,325
Net income
$567,223
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
2021Detailed filing. Detailed filing data is available for this year.$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
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