Civic Intelligence

Common Roots Inc.

990 • Fiscal year 2020 • EIN 26-4146964

Jan 01, 2020 to Dec 31, 2020 • Filed on Nov 15, 2021

PO Box 9335South Burlington, VT 05407

(802) 999-4270

Siviq Scores

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

Liabilities / Assets

97th percentile

1.81x

Higher debt load relative to assets than 97% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Liabilities / Revenue

90th percentile

0.47x

Higher debt load relative to revenue than 90% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Net Margin

21st percentile

-21%

Higher net margin than 21% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Top Officer Pay

76th percentile

$0

Higher top officer pay than 76% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Asset Growth

95th percentile

297%

Faster asset growth than 95% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Annualized from 2019 to 2020

Revenue Growth

84th percentile

34%

Faster revenue growth than 84% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Annualized from 2019 to 2020

Assets

Up

$106,716

Up $79,810 (+297%) from 2019

Net Assets

Down

-$86,115

Down $81,274 (-1679%) from 2019

Liabilities

Up

$192,831

Up $161,084 (+507%) from 2019

Revenue

Up

$408,853

Up $104,420 (+34%) from 2019

Expenses

Up

$495,226

Up $190,485 (+63%) from 2019

Net Income

Down

-$86,373

Down $86,065 (-27943%) from 2019

Historical Trend

Balance Sheet Trend

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

$300K$200K$100K$0-$100KAssets 2013: $37,090Liabilities 2013: $2,047Net Assets 2013: $35,0432013Assets 2014: $74,388Liabilities 2014: $3,867Net Assets 2014: $70,5212014Assets 2015: $9,151Liabilities 2015: $1,935Net Assets 2015: $7,2162015Assets 2016: $22,052Liabilities 2016: $2,216Net Assets 2016: $19,8362016Assets 2017: $31,419Liabilities 2017: $41,801Net Assets 2017: -$10,3822017Assets 2018: $37,836Liabilities 2018: $42,370Net Assets 2018: -$4,5342018Assets 2019: $26,906Liabilities 2019: $31,747Net Assets 2019: -$4,8412019Assets 2020: $106,716Liabilities 2020: $192,831Net Assets 2020: -$86,1152020Assets 2021: $96,869Liabilities 2021: $140,110Net Assets 2021: -$43,2412021Assets 2022: $61,841Liabilities 2022: $144,962Net Assets 2022: -$83,1212022Assets 2023: $125,042Liabilities 2023: $143,845Net Assets 2023: -$18,8032023Assets 2024: $263,082Liabilities 2024: $133,046Net Assets 2024: $130,0362024

Highlighted filing

2020

Assets$106,716
Liabilities$192,831
Net Assets-$86,115

Operations Trend

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

$1.0M$500K$0-$500KRevenue 2013: $146,020Expenses 2013: $148,507Net Income 2013: -$2,4872013Revenue 2014: $188,482Expenses 2014: $153,004Net Income 2014: $35,4782014Revenue 2015: $167,568Expenses 2015: $232,511Net Income 2015: -$64,9432015Revenue 2016: $184,697Expenses 2016: $172,077Net Income 2016: $12,6202016Revenue 2017: $208,108Expenses 2017: $238,325Net Income 2017: -$30,2172017Revenue 2018: $262,126Expenses 2018: $256,278Net Income 2018: $5,8482018Revenue 2019: $304,433Expenses 2019: $304,741Net Income 2019: -$3082019Revenue 2020: $408,853Expenses 2020: $495,226Net Income 2020: -$86,3732020Revenue 2021: $577,795Expenses 2021: $534,728Net Income 2021: $43,0672021Revenue 2022: $508,285Expenses 2022: $548,164Net Income 2022: -$39,8792022Revenue 2023: $603,701Expenses 2023: $539,385Net Income 2023: $64,3162023Revenue 2024: $833,435Expenses 2024: $684,596Net Income 2024: $148,8392024

Highlighted filing

2020

Revenue$408,853
Expenses$495,226
Net Income-$86,373
Jump To
Filing Snapshot
Filing Period
Jan 1, 2020 to Dec 31, 2020
Signed
Nov 15, 2021
Return Version
2020v4.1
Gross Receipts
$408,853
Mission and Program Overview

Mission

Common Roots was formed to build and nurture local communities through educational programs designed to teach youth about sustainable agriculture and food security.

To provide food education to children and the community at large. To provide food security to families in need.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$883$87,960▲ $87,077
Land, Buildings, and Equipment, Net$25,023$17,756▼ $7,267
Loans From Officers Directors$14,000$0▼ $14,000
Prepaid Expenses and Deferred Charges$1,000$1,000→ $0
Rtn Earn Endowment Incm Other Fnds$-4,841$-86,115▼ $81,274
Total Assets$26,906$106,716▲ $79,810
Liabilities
Unsecured Notes Loans Payable-$184,665-
Accounts Payable and Accrued Expenses$9,747$5,166▼ $4,581
Mortgage Notes Payable Secured by Investment Property$8,000$3,000▼ $5,000
Total Liabilities$31,747$192,831▲ $161,084
Net Assets / Fund Balance
Total Net Assets Fund Balance$-4,841$-86,115▼ $81,274
Total Liabilities and Net Assets / Fund Balance$26,906$106,716▲ $79,810

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$17,756$33,312-
Compensation and Service Providers

Board Members and Trustees

NameTitle
Deborah ParenteBoard Chair
Carol McQuillenPresident
Alec BuzzellBoard Member
Bailey RowlandBoard Member
Lizzy BurnhamBoard Member
Matt CanningBoard Member
Theresa FerreiraBoard Member
Eric AyersTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$251,869
Program Service Revenue
$156,984
Investment Income
$0
Other Revenue
$0
All Other Contributions
$226,669
Change in Net Assets
$-86,373
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$312,812
Salaries, Compensation, and Employee Benefits$182,414
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$164,251$0$0$164,251
Occupancy$0$88,699$0$88,699
Other Expenses$0$80,666$0$80,666
Payroll Taxes$18,163$0$0$18,163
Depreciation Depletion$7,267$0$0$7,267
Office Expenses$0$2,231$0$2,231
Total Functional Expenses$323,630$171,596$0$495,226
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Loans from Officers, Directors, Trustees, and Key Employees$14,000$0▼ $14,000
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
No
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
No
Key decisions subject to board approval
No
Management duties delegated
No
Filing and Contact Details

Filer

Filer Name
Common Roots Inc
EIN
26-4146964
Phone
8029994270
Address
PO Box 9335, South Burlington, VT 05407

Signing Officer

Name
Eric Ayers
Title
Treasurer
Phone
8029994270
Signed
2021-11-15

Organization Details

Principal Officer
Eric Ayers
Formed
2009
Legal Domicile
Vt
Voting Board Members
8
Independent Board Members
8
Employees
10
Volunteers
20
Supplemental Narrative

Additional Explanations

Pt VI, Line 11B

Review during board meeting.

Pt VI, Line 19

By request.

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IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/DefaultInd1false
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IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanPurposeTxt1Working Capital
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanToOrganizationInd0X
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanToOrganizationInd1X
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/OriginalPrincipalAmt013000
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/OriginalPrincipalAmt110000
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/PersonNm0Carol McQuillen
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/PersonNm1Justin Cutroni
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/RelationshipWithOrgTxt0Board Member
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/RelationshipWithOrgTxt1Board Member
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/WrittenAgreementInd0true
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/WrittenAgreementInd1true
IRS990ScheduleL/TotalBalanceDueAmt00
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Review during board meeting.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1By request.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Pt VI, Line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Pt VI, Line 19
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToProxyTaxInd0false
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IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
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IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt0251869
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IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0171596
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0323630
IRS990/TotalFunctionalExpensesGrp/TotalAmt0495226
IRS990/TotalGrossUBIAmt00
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IRS990/TotalLiabilitiesEOYAmt0192831
IRS990/TotalLiabilitiesGrp/BOYAmt031747
IRS990/TotalLiabilitiesGrp/EOYAmt0192831
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IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0-86115
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IRS990/TotalProgramServiceRevenueAmt0156984
IRS990/TotalRevenueGrp/ExclusionAmt00
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0156984
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0408853
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt020
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IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0106716
IRS990/TravelGrp/FundraisingAmt00
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IRS990/TravelGrp/ProgramServicesAmt00
IRS990/TravelGrp/TotalAmt00
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UnsecuredNotesLoansPayableGrp/EOYAmt0184665
IRS990/USAddress/AddressLine1Txt0PO Box 9335
IRS990/USAddress/CityNm0S Burlington
IRS990/USAddress/StateAbbreviationCd0VT
IRS990/USAddress/ZIPCd005403
IRS990/VotingMembersGoverningBodyCnt08
IRS990/VotingMembersIndependentCnt08
IRS990/WebsiteAddressTxt0N/A
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/FederatedAssuranceLevelCd0FAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd03
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/PersonNm0Eric Ayers
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Treasurer
ReturnHeader/BusinessOfficerGrp/PhoneNum08029994270
ReturnHeader/BusinessOfficerGrp/SignatureDt02021-11-15
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0Common Roots Inc
ReturnHeader/Filer/BusinessNameControlTxt0COMM
ReturnHeader/Filer/EIN0264146964
ReturnHeader/Filer/PhoneNum08029994270
ReturnHeader/Filer/USAddress/AddressLine1Txt0PO Box 9335
ReturnHeader/Filer/USAddress/CityNm0South Burlington
ReturnHeader/Filer/USAddress/StateAbbreviationCd0VT
ReturnHeader/Filer/USAddress/ZIPCd005407
ReturnHeader/ReturnTs02021-11-15T07:00:22-08:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0Eric
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0Ayers
ReturnHeader/TaxPeriodBeginDt02020-01-01
ReturnHeader/TaxPeriodEndDt02020-12-31
ReturnHeader/TaxYr02020

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