Civic Intelligence

Black River Historical Society Inc

990 • Fiscal year 2016 • EIN 23-7193231

Jan 01, 2016 to Dec 31, 2016 • Filed on Jul 17, 2017

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

28th percentile

0.00x

Higher debt load relative to assets than 28% of similar nonprofits.

2016 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2016

Liabilities / Revenue

34th percentile

0.01x

Higher debt load relative to revenue than 34% of similar nonprofits.

2016 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2016

Net Margin

86th percentile

32%

Higher net margin than 86% of similar nonprofits.

2016 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2016

Top Officer Pay

54th percentile

$19,002

Higher top officer pay than 54% of similar nonprofits.

Top officer pay equals 17.0% of source-year revenue.

2016 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2016

Asset Growth

52nd percentile

2.3%

Faster asset growth than 52% of similar nonprofits.

2016 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2015 to 2016

Revenue Growth

79th percentile

26%

Faster revenue growth than 79% of similar nonprofits.

2016 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2015 to 2016

Assets

Up

$891,162

Up $20,195 (+2.3%) from 2015

Net Assets

Up

$890,285

Up $21,609 (+2.5%) from 2015

Liabilities

Down

$877

Down $1,414 (-62%) from 2015

Revenue

Up

$111,945

Up $23,397 (+26%) from 2015

Expenses

Up

$76,374

Up $4,017 (+5.6%) from 2015

Net Income

Up

$35,571

Up $19,380 (+120%) from 2015

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

2016

Assets$891,162
Liabilities$877
Net Assets$890,285

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

2016

Revenue$111,945
Expenses$76,374
Net Income$35,571
Jump To
Filing Snapshot
Filing Period
Jan 1, 2016 to Dec 31, 2016
Signed
Jul 17, 2017
Return Version
2016v3.0
Gross Receipts
$113,599
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$868,676$890,285▲ $21,609
Land, Buildings, and Equipment, Net$656,954$682,454▲ $25,500
Investments Other Securities$132,333$137,518▲ $5,185
Savings and Temporary Cash Investments$80,398$68,601▼ $11,797
Cash and Non-Interest-Bearing Accounts$1,282$2,589▲ $1,307
Total Assets$870,967$891,162▲ $20,195
Liabilities
Accounts Payable and Accrued Expenses$2,291$877▼ $1,414
Total Liabilities$2,291$877▼ $1,414
Net Assets / Fund Balance
Total Net Assets Fund Balance$868,676$890,285▲ $21,609
Total Liabilities and Net Assets / Fund Balance$870,967$891,162▲ $20,195

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$488,397$77,010-
Other Land Buildings-$21,625-
Equipment$194,057$25,213-
Other Securities$1,733--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Georgia Brehm Executive Director15 Meadow St, Ludlow, VT 05149PT$19,002$19,002
Linda Tucker Asst Director5 Gill Terrace, Ludlow, VT 05149PT$12,474$12,474

Board Members and Trustees

NameTitle
Joyce Washburn Trustee1 Washburn Ln, Ludlow, VT 05149
Lorraine Hughes Secretary18 Meadow Ln, Ludlow, VT 05149
Richard Dunseith Treasurer19 High St, Ludlow, VT 05149
Joan Willett Trustee513 West Hill Rd, Ludlow, VT 05149
Kyle Noiva Trustee555 Keiffer Rd, Shrewsbury, VT 05738
Sue Pollender President606 Commonwealth Ave, Ludlow, VT 05149
Newt Rose Trustee70 Orchard St, Ludlow, VT 05149
Marcia Wemple TrusteePO Box 164, 99 S Hill Crossroads, Ludlow, VT 05149
Sharon Bixby VpPO Box 195, Ludlow, VT 05149
Elizabeth Graves TrusteePO Box 444, Ludlow, VT 05149
Revenue and Support

Revenue Composition

Contributions and Grants
$99,693
Program Service Revenue
$357
Investment Income
$2,518
Other Revenue
$9,377
All Other Contributions
$41,160
Change in Net Assets
$35,571
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$40,629
Salaries, Compensation, and Employee Benefits$35,745
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Current Officers, Directors, Trustees, and Key Employees$0$31,476$0$31,476
Depreciation Depletion$0$20,176$0$20,176
Occupancy$0$6,580$0$6,580
Insurance$0$4,550$0$4,550
Office Expenses$801$3,116$0$3,917
Advertising$0$2,598$0$2,598
Payroll Taxes$0$2,488$0$2,488
Fees for Services Accounting$0$1,804$0$1,804
Other Employee Benefits$0$1,781$0$1,781
Conferences and Meetings$0$510$0$510
Other Expenses$0$480$0$480
Travel$0$14$0$14
Total Functional Expenses$801$75,573$0$76,374
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$9,951
Fundraising Direct Expenses$1,439
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
2017-07-17
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Georgia Brehm
Formed
1975
Legal Domicile
Vt
Voting Board Members
12
Independent Board Members
12
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/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0true
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt0357
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt0868676
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt0890285
IRS990/SavingsAndTempCashInvstGrp/BOYAmt080398
IRS990/SavingsAndTempCashInvstGrp/EOYAmt068601
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0Other Income Part II, Line 10 Description: Form 1099-R Gross Distribution 2013: 25000.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0Pt II Ln 10
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt071465
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt073101
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt061922
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt057048
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0263536
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt02518
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt03769
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt03535
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt02248
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt012070
IRS990ScheduleA/InvestmentIncomeCYPct00
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus3YearsAmt025000
IRS990ScheduleA/OtherIncome170Grp/TotalAmt025000
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.87670
IRS990ScheduleA/PublicSupportCY509Pct00
IRS990ScheduleA/PublicSupportPY170Pct00.84750
IRS990ScheduleA/PublicSupportTotal170Amt0263536
IRS990ScheduleA/PublicSupportTotal509Amt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt071465
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt073101
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt061922
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt057048
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0263536
IRS990ScheduleA/TotalSupportAmt0300606
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd0true
IRS990ScheduleD/BuildingsGrp/BookValueAmt0488397
IRS990ScheduleD/BuildingsGrp/DepreciationAmt077010
IRS990ScheduleD/BuildingsGrp/InvestmentCostOrOtherBasisAmt0565407
IRS990ScheduleD/CollectionUsedPreservationInd0X
IRS990ScheduleD/CollectionUsedPubExhibitionInd0X
IRS990ScheduleD/CollUsedScholarlyRsrchInd0X
IRS990ScheduleD/EquipmentGrp/BookValueAmt0194057
IRS990ScheduleD/EquipmentGrp/DepreciationAmt025213
IRS990ScheduleD/EquipmentGrp/InvestmentCostOrOtherBasisAmt0219270
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt021625
IRS990ScheduleD/OtherLandBuildingsGrp/InvestmentCostOrOtherBasisAmt021625
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt07540
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt157425
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt270820
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt31733
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/TotalBookValueLandBuildingsAmt0682454
IRS990ScheduleD/TotalBookValueSecuritiesAmt0137518
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/TotalAssetsBOYAmt0870967
IRS990/TotalAssetsEOYAmt0891162
IRS990/TotalAssetsGrp/BOYAmt0870967
IRS990/TotalAssetsGrp/EOYAmt0891162
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt099693
IRS990/TotalEmployeeCnt02
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt075573
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0801
IRS990/TotalFunctionalExpensesGrp/TotalAmt076374
IRS990/TotalGrossUBIAmt011030
IRS990/TotalLiabilitiesBOYAmt02291
IRS990/TotalLiabilitiesEOYAmt0877
IRS990/TotalLiabilitiesGrp/BOYAmt02291
IRS990/TotalLiabilitiesGrp/EOYAmt0877
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0868676
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0890285
IRS990/TotalProgramServiceExpensesAmt0801
IRS990/TotalProgramServiceRevenueAmt0357
IRS990/TotalReportableCompFromOrgAmt031476
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt01222
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0111945
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt011030
IRS990/TotalVolunteersCnt025
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0870967
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0891162
IRS990/TransactionWithControlEntInd0false
IRS990/TravelGrp/FundraisingAmt00
IRS990/TravelGrp/ManagementAndGeneralAmt014
IRS990/TravelGrp/ProgramServicesAmt00
IRS990/TravelGrp/TotalAmt014

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