Civic Intelligence

Common Roots Inc.

990 • Fiscal year 2022 • EIN 26-4146964

Jan 01, 2022 to Dec 31, 2022 • Filed on Nov 15, 2023

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

98th percentile

2.34x

Higher debt load relative to assets than 98% of similar nonprofits.

2022 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2022

Liabilities / Revenue

80th percentile

0.29x

Higher debt load relative to revenue than 80% of similar nonprofits.

2022 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2022

Net Margin

25th percentile

-7.8%

Higher net margin than 25% of similar nonprofits.

2022 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2022

Top Officer Pay

58th percentile

$19,200

Higher top officer pay than 58% of similar nonprofits.

Top officer pay equals 3.8% of source-year revenue.

2022 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2022

Asset Growth

5th percentile

-36%

Faster asset growth than 5% of similar nonprofits.

2022 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2021 to 2022

Revenue Growth

25th percentile

-12%

Faster revenue growth than 25% of similar nonprofits.

2022 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2021 to 2022

Assets

Down

$61,841

Down $35,028 (-36%) from 2021

Net Assets

Down

-$83,121

Down $39,880 (-92%) from 2021

Liabilities

Up

$144,962

Up $4,852 (+3.5%) from 2021

Revenue

Down

$508,285

Down $69,510 (-12%) from 2021

Expenses

Up

$548,164

Up $13,436 (+2.5%) from 2021

Net Income

Down

-$39,879

Down $82,946 (-193%) from 2021

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

2022

Assets$61,841
Liabilities$144,962
Net Assets-$83,121

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

2022

Revenue$508,285
Expenses$548,164
Net Income-$39,879
Jump To
Filing Snapshot
Filing Period
Jan 1, 2022 to Dec 31, 2022
Signed
Nov 15, 2023
Return Version
2022v5.0
Gross Receipts
$508,285
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$83,186$52,662▼ $30,524
Land, Buildings, and Equipment, Net$12,683$8,179▼ $4,504
Prepaid Expenses and Deferred Charges$1,000$1,000→ $0
Rtn Earn Endowment Incm Other Fnds$-43,241$-83,121▼ $39,880
Total Assets$96,869$61,841▼ $35,028
Liabilities
Unsecured Notes Loans Payable$134,200$139,052▲ $4,852
Accounts Payable and Accrued Expenses$5,910$5,910→ $0
Mortgage Notes Payable Secured by Investment Property$0$0→ $0
Total Liabilities$140,110$144,962▲ $4,852
Net Assets / Fund Balance
Total Net Assets Fund Balance$-43,241$-83,121▼ $39,880
Total Liabilities and Net Assets / Fund Balance$96,869$61,841▼ $35,028

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$8,179$42,889-
Compensation and Service Providers

Employees

NameTitleBaseTotal
Elizabeth SpitlerBoard Member$19,200$19,200

Board Members and Trustees

NameTitle
Meghan GonyoBoard Chair
Matt CanningBoard Member
Carol McQuillenBoard Member/Executive Director
Deborah ParenteBoard Member/Secretary
Eric AyersBoard Member/Treasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$234,567
Program Service Revenue
$273,718
Investment Income
$0
Other Revenue
$0
All Other Contributions
$200,390
Change in Net Assets
$-39,879
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$305,068
Salaries, Compensation, and Employee Benefits$243,096
Total Fundraising Expense$5,945
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$199,425$26,396$0$225,821
Payroll Taxes$15,255$2,020$0$17,275
Advertising$0$16,560$0$16,560
Occupancy$0$11,768$0$11,768
Insurance$8,079$0$0$8,079
Office Expenses$0$7,672$0$7,672
Depreciation Depletion$4,504$0$0$4,504
Other Expenses$0$0$3,999$3,999
All Other Expenses$1,636$0$1,946$3,582
Conferences and Meetings$0$427$0$427
Total Functional Expenses$397,063$145,156$5,945$548,164
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
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
2023-11-15

Organization Details

Principal Officer
Eric Ayers
Formed
2009
Legal Domicile
Vt
Voting Board Members
6
Independent Board Members
5
Employees
19
Volunteers
20

Preparer

Firm
Marlene M Bryant CPA PC
Address
1 Market Place Ste 11, Essex Junction, VT 05452
Preparer
Marlene M Bryant CPA
Phone
8022889611
Supplemental Narrative

Additional Explanations

Pt VI, Line 11B

Review during board meeting.

Pt VI, Line 19

By request.

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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/EquipmentGrp/BookValueAmt08179
IRS990ScheduleD/EquipmentGrp/DepreciationAmt042889
IRS990ScheduleD/EquipmentGrp/InvestmentCostOrOtherBasisAmt051068
IRS990ScheduleD/TotalBookValueLandBuildingsAmt08179
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
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
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt096869
IRS990/TotalAssetsEOYAmt061841
IRS990/TotalAssetsGrp/BOYAmt096869
IRS990/TotalAssetsGrp/EOYAmt061841
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt0234567
IRS990/TotalEmployeeCnt019
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt05945
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0145156
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0397063
IRS990/TotalFunctionalExpensesGrp/TotalAmt0548164
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0140110
IRS990/TotalLiabilitiesEOYAmt0144962
IRS990/TotalLiabilitiesGrp/BOYAmt0140110
IRS990/TotalLiabilitiesGrp/EOYAmt0144962
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0-43241
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0-83121
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt0397063
IRS990/TotalProgramServiceRevenueAmt0273718
IRS990/TotalReportableCompFromOrgAmt019200
IRS990/TotalRevenueGrp/ExclusionAmt00
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0273718
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0508285
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt020
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt096869
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt061841
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UnsecuredNotesLoansPayableGrp/BOYAmt0134200
IRS990/UnsecuredNotesLoansPayableGrp/EOYAmt0139052
IRS990/USAddress/AddressLine1Txt0PO Box 9335
IRS990/USAddress/CityNm0S Burlington
IRS990/USAddress/StateAbbreviationCd0VT
IRS990/USAddress/ZIPCd005403
IRS990/VotingMembersGoverningBodyCnt06
IRS990/VotingMembersIndependentCnt05
IRS990/WebsiteAddressTxt0N/A
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/FederatedAssuranceLevelCd0FAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd03
ReturnHeader/BuildTS02023-04-26 12:10:37Z
ReturnHeader/BusinessOfficerGrp/PersonNm0Eric Ayers
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Treasurer
ReturnHeader/BusinessOfficerGrp/PhoneNum08029994270
ReturnHeader/BusinessOfficerGrp/SignatureDt02023-11-15
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/IRSResponsiblePrtyInfoCurrInd0true
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0030345046
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0Marlene M Bryant CPA PC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt01 Market Place Ste 11
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Essex Junction
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0VT
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd005452
ReturnHeader/PreparerPersonGrp/PhoneNum08022889611
ReturnHeader/PreparerPersonGrp/PreparationDt02023-11-15
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Marlene M Bryant CPA
ReturnHeader/PreparerPersonGrp/SelfEmployedInd0X
ReturnHeader/ReturnTs02023-11-15T14:22:28-08:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0Eric
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0Ayers
ReturnHeader/TaxPeriodBeginDt02022-01-01
ReturnHeader/TaxPeriodEndDt02022-12-31
ReturnHeader/TaxYr02022

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