Civic Intelligence

Hyperbaric Vermont Inc.

990 • Fiscal year 2022 • EIN 30-0964512

Jan 01, 2022 to Dec 31, 2022 • Filed on Sep 26, 2023

1808 Bridgman RoadHardwick, VT 05843

(802) 917-2685

Siviq Scores

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

Liabilities / Assets

62nd percentile

0.00x

Higher debt load relative to assets than 62% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Liabilities / Revenue

60th percentile

0.00x

Higher debt load relative to revenue than 60% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Net Margin

65th percentile

15%

Higher net margin than 65% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Top Officer Pay

88th percentile

$30,004

Higher top officer pay than 88% of similar nonprofits.

Top officer pay equals 11.6% of source-year revenue.

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Asset Growth

49th percentile

0.4%

Faster asset growth than 49% of similar nonprofits.

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

Revenue Growth

61st percentile

24%

Faster revenue growth than 61% of similar nonprofits.

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

Assets

Up

$138,840

Up $548 (+0.4%) from 2021

Net Assets

Up

$138,372

Up $38,103 (+38%) from 2021

Liabilities

Down

$468

Down $37,555 (-99%) from 2021

Revenue

Up

$258,186

Up $49,306 (+24%) from 2021

Expenses

Up

$220,083

Up $45,334 (+26%) from 2021

Net Income

Up

$38,103

Up $3,972 (+12%) from 2021

Historical Trend

Balance Sheet Trend

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

$150K$100K$50K$0Assets 2018: $75,040Liabilities 2018: $41,057Net Assets 2018: $33,9832018Assets 2019: $97,159Liabilities 2019: $38,461Net Assets 2019: $58,6982019Assets 2020: $105,882Liabilities 2020: $39,744Net Assets 2020: $66,1382020Assets 2021: $138,292Liabilities 2021: $38,023Net Assets 2021: $100,2692021Assets 2022: $138,840Liabilities 2022: $468Net Assets 2022: $138,3722022Assets 2023: $90,876Liabilities 2023: $1,635Net Assets 2023: $89,2412023Assets 2024: $134,705Liabilities 2024: $1,263Net Assets 2024: $133,4422024Assets 2025: $105,955Liabilities 2025: $375Net Assets 2025: $105,5802025

Highlighted filing

2022

Assets$138,840
Liabilities$468
Net Assets$138,372

Operations Trend

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

$300K$200K$100K$0-$100KRevenue 2018: $195,911Expenses 2018: $193,004Net Income 2018: $2,9072018Revenue 2019: $216,114Expenses 2019: $191,399Net Income 2019: $24,7152019Revenue 2020: $131,849Expenses 2020: $124,409Net Income 2020: $7,4402020Revenue 2021: $208,880Expenses 2021: $174,749Net Income 2021: $34,1312021Revenue 2022: $258,186Expenses 2022: $220,083Net Income 2022: $38,1032022Revenue 2023: $243,118Expenses 2023: $292,249Net Income 2023: -$49,1312023Revenue 2024: $233,648Expenses 2024: $189,447Net Income 2024: $44,2012024Revenue 2025: $45,597Expenses 2025: $73,459Net Income 2025: -$27,8622025

Highlighted filing

2022

Revenue$258,186
Expenses$220,083
Net Income$38,103
Jump To
Filing Snapshot
Filing Period
Jan 1, 2022 to Dec 31, 2022
Signed
Sep 26, 2023
Return Version
2022v5.0
Gross Receipts
$261,282
Mission and Program Overview

Mission

Hyperbaric vermont is a 501(c)(3)nonprofit with a mission to raise awareness of the benefits of hyperbaric oxygen therapy and to make this life-changing treatment accessible.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$102,416$105,177▲ $2,761
Loans From Officers Directors$37,887--
Land, Buildings, and Equipment, Net$35,714$33,063▼ $2,651
Accounts Receivable$162$600▲ $438
Savings and Temporary Cash Investments-$0-
Other Notes and Loans Receivable, Net-$0-
Pledges and Grants Receivable-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Investments in Publicly Traded Securities-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Prepaid Expenses and Deferred Charges-$0-
Total Assets$138,292$138,840▲ $548
Other Assets Total-$0-
Liabilities
Accounts Payable and Accrued Expenses$136$468▲ $332
Total Liabilities$38,023$468▼ $37,555
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$100,269$138,372▲ $38,103
Total Net Assets Fund Balance$100,269$138,372▲ $38,103
Total Liabilities and Net Assets / Fund Balance$138,292$138,840▲ $548

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$33,063$15,307$48,370
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Grace JohnstonePresidentPT$30,004$30,004

Board Members and Trustees

NameTitle
Bill BermanDirector
Robin CornellDirector
Liz BaumSecretary
Hannah SchwartzTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$136,043
Program Service Revenue
$117,578
Investment Income
$2,904
Other Revenue
$1,661
All Other Contributions
$70,238
Change in Net Assets
$38,103
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$142,885
Other Expenses$77,198
Total Fundraising Expense$19,565
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$77,737$14,431$4,096$96,264
Occupancy$30,622$4,280$2,550$37,452
Current Officers, Directors, Trustees, and Key Employees$10,002$10,001$10,001$30,004
Payroll Taxes$10,298$2,868$1,655$14,821
Advertising$8,866--$8,866
Office Expenses$4,932$689$411$6,032
Depreciation Depletion$4,855--$4,855
Fees for Services Accounting-$3,550-$3,550
Insurance-$3,168-$3,168
Fees for Services Other$2,974--$2,974
Other Employee Benefits$1,796--$1,796
All Other Expenses-$863-$863
Other Expenses$729$3,358$852$729
Total Functional Expenses$157,310$43,208$19,565$220,083
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$37,887--
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
No
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
Yes
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

Governance Explanations

Form 990, Part VI, Section B, Line 11B

990 is reviewed in draft before being finalized by management

Form 990, Part VI, Section B, Line 15A

Executive director's compensation is reviewed and approved by the board

Form 990, Part VI, Section C, Line 19

Governing documents and policies are available upon request

Filing and Contact Details

Filer

Filer Name
Hyperbaric Vermont Inc
EIN
30-0964512
Phone
8029172685
Address
1808 BRIDGMAN ROAD, HARDWICK, VT 05843

Signing Officer

Name
Grace Johnstone
Title
President
Signed
2023-09-26
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Grace Johnstone
Formed
2017
Legal Domicile
Vt
Voting Board Members
5
Independent Board Members
4
Employees
10

Preparer

Firm
Fothergill Segale & Valley CPAs
Address
143 Barre Street, Montpelier, VT 05602
Preparer
Christy E Day CPA
Phone
8022236261
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IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt021000
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt0136043
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt0121360
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt079517
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt091397
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt050844
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt0479161
IRS990ScheduleA/GovtFurnSrvcFcltsVl509Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt00
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt0117578
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt088020
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt052332
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt0120360
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt0145067
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt0523357
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/TotalAmt00
IRS990ScheduleA/InvestmentIncomeCYPct00.00000
IRS990ScheduleA/NetIncomeFromOtherUBIGrp/TotalAmt00
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearAmt01661
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus1YearAmt03000
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus3YearsAmt03800
IRS990ScheduleA/OtherIncome509Grp/TotalAmt08461
IRS990ScheduleA/Post1975UBTIGrp/TotalAmt00
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.97090
IRS990ScheduleA/PublicSupportPY509Pct00.98920
IRS990ScheduleA/PublicSupportTotal509Amt0981518
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearAmt019110
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus1YearAmt0359
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus2YearsAmt0578
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus3YearsAmt0953
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt021000
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft509Grp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0253621
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0209380
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0131849
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0211757
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0195911
IRS990ScheduleA/Total509Grp/TotalAmt01002518
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0255282
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0212380
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt0131849
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt0215557
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt0195911
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt01010979
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/BookValueAmt033063
IRS990ScheduleD/EquipmentGrp/DepreciationAmt015307
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt048370
IRS990ScheduleD/TotalBookValueLandBuildingsAmt033063
IRS990/ScheduleJRequiredInd0false
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BoardOrCommitteeApprovalInd0true
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BusinessName/BusinessNameLine1Txt0HARDWICK CHIROPRACTIC
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/DefaultInd0false
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanPurposeTxt0EQUIPMENT
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanToOrganizationInd0X
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/OriginalPrincipalAmt037887
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/RelationshipWithOrgTxt0DIR-OWNED
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/WrittenAgreementInd0true
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0990 IS REVIEWED IN DRAFT BEFORE BEING FINALIZED BY MANAGEMENT
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1EXECUTIVE DIRECTOR'S COMPENSATION IS REVIEWED AND APPROVED BY THE BOARD
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2GOVERNING DOCUMENTS AND POLICIES ARE AVAILABLE UPON REQUEST
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Section B, Line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Section B, Line 15a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Section C, Line 19
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt0138292
IRS990/TotalAssetsEOYAmt0138840
IRS990/TotalAssetsGrp/BOYAmt0138292
IRS990/TotalAssetsGrp/EOYAmt0138840
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt0136043
IRS990/TotalEmployeeCnt010
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt019565
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt043208
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0157310
IRS990/TotalFunctionalExpensesGrp/TotalAmt0220083
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt038023
IRS990/TotalLiabilitiesEOYAmt0468
IRS990/TotalLiabilitiesGrp/BOYAmt038023
IRS990/TotalLiabilitiesGrp/EOYAmt0468
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0100269
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0138372
IRS990/TotalProgramServiceExpensesAmt0157310
IRS990/TotalProgramServiceRevenueAmt0117578
IRS990/TotalReportableCompFromOrgAmt030004
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0122143
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0258186
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0138292
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0138840
IRS990/TravelGrp/TotalAmt00
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false

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