Civic Intelligence

Black River Historical Society Inc

990 • Fiscal year 2014 • EIN 23-7193231

Jan 01, 2014 to Dec 31, 2014 • Filed on May 10, 2015

PO Box 73Ludlow, VT 05149

(802) 228-5050

Siviq Scores

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

Liabilities / Assets

30th percentile

0.00x

Higher debt load relative to assets than 30% of similar nonprofits.

2014 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2014

Liabilities / Revenue

39th percentile

0.02x

Higher debt load relative to revenue than 39% of similar nonprofits.

2014 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2014

Net Margin

94th percentile

61%

Higher net margin than 94% of similar nonprofits.

2014 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2014

Top Officer Pay

52nd percentile

$17,581

Higher top officer pay than 52% of similar nonprofits.

Top officer pay equals 9.5% of source-year revenue.

2014 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2014

Asset Growth

74th percentile

15%

Faster asset growth than 74% of similar nonprofits.

2014 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2013 to 2014

Revenue Growth

93rd percentile

100%

Faster revenue growth than 93% of similar nonprofits.

2014 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2013 to 2014

Assets

Up

$859,174

Up $111,973 (+15%) from 2013

Net Assets

Up

$856,155

Up $112,075 (+15%) from 2013

Liabilities

Down

$3,019

Down $102 (-3.3%) from 2013

Revenue

Up

$184,701

Up $92,416 (+100%) from 2013

Expenses

Down

$72,626

Down $3,564 (-4.7%) from 2013

Net Income

Up

$112,075

Up $95,980 (+596%) from 2013

Historical Trend

Balance Sheet Trend

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

$1.0M$500K$0Assets 2013: $747,201Liabilities 2013: $3,121Net Assets 2013: $744,0802013Assets 2014: $859,174Liabilities 2014: $3,019Net Assets 2014: $856,1552014Assets 2015: $870,967Liabilities 2015: $2,291Net Assets 2015: $868,6762015Assets 2016: $891,162Liabilities 2016: $877Net Assets 2016: $890,2852016Assets 2017: $905,211Liabilities 2017: $752Net Assets 2017: $904,4592017Assets 2018: $870,216Liabilities 2018: $852Net Assets 2018: $869,3642018Assets 2019: $827,219Liabilities 2019: $1,436Net Assets 2019: $825,7832019Assets 2020: $810,170Liabilities 2020: $17,768Net Assets 2020: $792,4022020Assets 2021: $768,981Liabilities 2021: $17,426Net Assets 2021: $751,5552021

Highlighted filing

2014

Assets$859,174
Liabilities$3,019
Net Assets$856,155

Operations Trend

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

$200K$100K$0-$100KRevenue 2013: $92,285Expenses 2013: $76,190Net Income 2013: $16,0952013Revenue 2014: $184,701Expenses 2014: $72,626Net Income 2014: $112,0752014Revenue 2015: $88,548Expenses 2015: $72,357Net Income 2015: $16,1912015Revenue 2016: $111,945Expenses 2016: $76,374Net Income 2016: $35,5712016Revenue 2017: $67,829Expenses 2017: $86,889Net Income 2017: -$19,0602017Revenue 2018: $55,684Expenses 2018: $91,546Net Income 2018: -$35,8622018Revenue 2019: $46,323Expenses 2019: $89,904Net Income 2019: -$43,5812019Revenue 2020: $66,358Expenses 2020: $83,546Net Income 2020: -$17,1882020Revenue 2021: $57,245Expenses 2021: $98,092Net Income 2021: -$40,8472021

Highlighted filing

2014

Revenue$184,701
Expenses$72,626
Net Income$112,075
Jump To
Filing Snapshot
Filing Period
Jan 1, 2014 to Dec 31, 2014
Signed
May 10, 2015
Return Version
2014v5.0
Gross Receipts
$188,500
Mission and Program Overview

Mission

To keep alive the history of the area,

To keep alive the history of the area, operate a museum, preserve a nationally historic building, run educational, cultural and historic programs in the Black River Valley of VT.

Balance Sheet Detail
LineBeginningEndChange
Assets
Rtn Earn Endowment Incm Other Fnds$744,080$856,155▲ $112,075
Land, Buildings, and Equipment, Net$561,526$580,684▲ $19,158
Investments Other Securities$119,494$221,550▲ $102,056
Savings and Temporary Cash Investments$65,103$55,758▼ $9,345
Cash and Non-Interest-Bearing Accounts$1,078$1,182▲ $104
Total Assets$747,201$859,174▲ $111,973
Liabilities
Accounts Payable and Accrued Expenses$3,121$3,019▼ $102
Total Liabilities$3,121$3,019▼ $102
Net Assets / Fund Balance
Total Net Assets Fund Balance$744,080$856,155▲ $112,075
Total Liabilities and Net Assets / Fund Balance$747,201$859,174▲ $111,973

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$365,037$41,973-
Other Land Buildings$4,736$16,889-
Equipment$210,911$8,359-
Other Securities$8,123--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Georgia Brehm Executive Director15 Meadow St, Ludlow, VT 05149PT$17,581$17,581
Linda Tucker Asst Director5 Gill Terrace, Ludlow, VT 05149PT$11,550$11,550

Board Members and Trustees

NameTitle
Joyce Washburn Trustee1 Washburn Ln, Ludlow, VT 05149
Alice Suojanen Trustee134 Senior Circle Apt #18, Chester, VT 05143
Anita Alic Vp172 Summit View Rd, Ludlow, VT 05149
Lorraine Hughes Secretary18 Meadow Ln, Ludlow, VT 05149
Dennis Pearson Trustee185 Buttermilk Falls Rd, Ludlow, VT 05149
Sue Pollender President606 Commonwealth Ave, Ludlow, VT 05149
Sharon Bixby TrusteePO Box 195, Ludlow, VT 05149
Beth Graves-lombard TreasurerPO Box 444, Ludlow, VT 05149
Dr John Bremer TrusteePO Box 518, Ludlow, VT 05149
David Hoeh TrusteePO Box 99, Belmont, VT 05730
Revenue and Support

Revenue Composition

Contributions and Grants
$61,922
Program Service Revenue
$1,525
Investment Income
$3,535
Other Revenue
$117,719
All Other Contributions
$27,520
Change in Net Assets
$112,075
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$39,017
Salaries, Compensation, and Employee Benefits$33,609
Total Fundraising Expense$1,708
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Current Officers, Directors, Trustees, and Key Employees$0$29,131$0$29,131
Depreciation Depletion$0$18,206$0$18,206
Insurance$0$5,551$0$5,551
Occupancy$0$4,894$0$4,894
Office Expenses$1,602$3,232$0$4,834
Advertising$0$1,384$1,708$3,092
Other Employee Benefits$0$2,248$0$2,248
Payroll Taxes$0$2,230$0$2,230
Fees for Services Accounting$0$1,928$0$1,928
Other Expenses$0$395$0$395
Conferences and Meetings$0$49$0$49
Total Functional Expenses$1,602$69,316$1,708$72,626
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$2,441
Fundraising Gross Income$1,852
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
Annual disclosure for covered persons
No
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No
Filing and Contact Details

Filer

Filer Name
Black River Historical Society
EIN
23-7193231
Phone
8022285050
Address
PO Box 73, Ludlow, VT 05149

Signing Officer

Name
Georgia Brehm
Title
Executive Director
Phone
8022285050
Signed
2015-05-10
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Georgia Brehm
Formed
1975
Legal Domicile
Vt
Voting Board Members
10
Independent Board Members
10
Employees
2
Volunteers
25

Preparer

Firm
Bovine Bookkeeping
Address
148 ROUTE 100 S, LUDLOW, VT 05149-9587
Preparer
Maria Tomaselli
Phone
8025581386
Supplemental Narrative

Additional Explanations

Pt VI, Line 6

Individual & Corporate memberships are availabe to the public.

Pt VI, Line 11B

The board reviews end of year financials, accountant prepares tax return which is then available for review by board/members

Financial Statement Notes

Pt III, Line 4

There were four programs that were conducted in 2014. A 5K walk, a Valentine's & Christmas Program and a History Expo which were minimally attended.

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IRS990/PYOtherExpensesAmt038166
IRS990/PYOtherRevenueAmt031130
IRS990/PYProgramServiceRevenueAmt01859
IRS990/PYRevenuesLessExpensesAmt016095
IRS990/PYSalariesCompEmpBnftPaidAmt036693
IRS990/PYTotalExpensesAmt076190
IRS990/PYTotalRevenueAmt092285
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt0112075
IRS990/RegularMonitoringEnfrcInd0false
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0true
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt01525
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt0744080
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt0856155
IRS990/SavingsAndTempCashInvstGrp/BOYAmt065103
IRS990/SavingsAndTempCashInvstGrp/EOYAmt055758
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0Other Income Part II, Line 10 Description: Form 1099-R Gross Distribution 2013: 25000.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0Pt II Ln 10
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt061922
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt057048
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0118970
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt03535
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt02248
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt05783
IRS990ScheduleA/InvestmentIncomeCYPct00
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus1YearAmt025000
IRS990ScheduleA/OtherIncome170Grp/TotalAmt025000
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.79440
IRS990ScheduleA/PublicSupportCY509Pct00
IRS990ScheduleA/PublicSupportPY170Pct00.67300
IRS990ScheduleA/PublicSupportTotal170Amt0118970
IRS990ScheduleA/PublicSupportTotal509Amt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt061922
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt057048
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0118970
IRS990ScheduleA/TotalSupportAmt0149753
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
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IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd0true
IRS990ScheduleD/BuildingsGrp/BookValueAmt0365037
IRS990ScheduleD/BuildingsGrp/DepreciationAmt041973
IRS990ScheduleD/BuildingsGrp/InvestmentCostOrOtherBasisAmt0407010
IRS990ScheduleD/CollectionUsedPreservationInd0X
IRS990ScheduleD/CollectionUsedPubExhibitionInd0X
IRS990ScheduleD/CollUsedScholarlyRsrchInd0X
IRS990ScheduleD/EquipmentGrp/BookValueAmt0210911
IRS990ScheduleD/EquipmentGrp/DepreciationAmt08359
IRS990ScheduleD/EquipmentGrp/InvestmentCostOrOtherBasisAmt0219270
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt04736
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt016889
IRS990ScheduleD/OtherLandBuildingsGrp/InvestmentCostOrOtherBasisAmt021625
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt011016
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt184448
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt2117963
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt38123
IRS990ScheduleD/OtherSecuritiesGrp/Desc0Cash & Equivalent
IRS990ScheduleD/OtherSecuritiesGrp/Desc1Fixed Income
IRS990ScheduleD/OtherSecuritiesGrp/Desc2Equity
IRS990ScheduleD/OtherSecuritiesGrp/Desc3Real Assets
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd0F
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd1F
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd2F
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd3F
IRS990ScheduleD/SolicitedAssetsSaleInd0false
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0There were four programs that were conducted in 2014. A 5K walk, a Valentine's & Christmas Program and a History Expo which were minimally attended.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0Pt III, Line 4
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0580684
IRS990ScheduleD/TotalBookValueSecuritiesAmt0221550
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Individual & Corporate memberships are availabe to the public.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1The board reviews end of year financials, accountant prepares tax return which is then available for review by board/members
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Pt VI, Line 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Pt VI, Line 11b
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/StatesWhereCopyOfReturnIsFldCd0VT
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt0747201
IRS990/TotalAssetsEOYAmt0859174
IRS990/TotalAssetsGrp/BOYAmt0747201
IRS990/TotalAssetsGrp/EOYAmt0859174
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt061922
IRS990/TotalEmployeeCnt02
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt01708
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt069316
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt01602
IRS990/TotalFunctionalExpensesGrp/TotalAmt072626
IRS990/TotalGrossUBIAmt0121848
IRS990/TotalLiabilitiesBOYAmt03121
IRS990/TotalLiabilitiesEOYAmt03019
IRS990/TotalLiabilitiesGrp/BOYAmt03121
IRS990/TotalLiabilitiesGrp/EOYAmt03019
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0744080
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0856155
IRS990/TotalProgramServiceExpensesAmt01602
IRS990/TotalProgramServiceRevenueAmt01525
IRS990/TotalReportableCompFromOrgAmt029131
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0931
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0184701
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt0121848
IRS990/TotalVolunteersCnt025
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0747201
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0859174
IRS990/TransactionWithControlEntInd0false

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