Civic Intelligence

Manchaug Pond Foundation Inc.

990 • Fiscal year 2018 • EIN 32-0303891

Jan 01, 2018 to Dec 31, 2018 • Filed on Jun 26, 2019

P O Box 154Manchaug, MA 01526

(508) 865-6242

Siviq Scores

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

Liabilities / Assets

18th percentile

0.00x

Higher debt load relative to assets than 18% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2018

Liabilities / Revenue

32nd percentile

0.03x

Higher debt load relative to revenue than 32% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2018

Net Margin

86th percentile

35%

Higher net margin than 86% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2018

Top Officer Pay

35th percentile

$0

Higher top officer pay than 35% of similar nonprofits.

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

2018 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2018

Asset Growth

51st percentile

1.4%

Faster asset growth than 51% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2017 to 2018

Revenue Growth

21st percentile

-10%

Faster revenue growth than 21% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2017 to 2018

Assets

Up

$2,313,880

Up $31,090 (+1.4%) from 2017

Net Assets

Up

$2,310,867

Up $31,112 (+1.4%) from 2017

Liabilities

Down

$3,013

Down $22 (-0.7%) from 2017

Revenue

Down

$89,275

Down $10,312 (-10%) from 2017

Expenses

Down

$58,163

Down $7,191 (-11%) from 2017

Net Income

Down

$31,112

Down $3,121 (-9.1%) from 2017

Historical Trend

Balance Sheet Trend

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

$3.0M$2.0M$1.0M$0Assets 2013: $1,983,230Liabilities 2013: $0Net Assets 2013: $1,983,2302013Assets 2015: $2,205,864Liabilities 2015: $3,003Net Assets 2015: $2,202,8612015Assets 2016: $2,248,528Liabilities 2016: $3,006Net Assets 2016: $2,245,5222016Assets 2017: $2,282,790Liabilities 2017: $3,035Net Assets 2017: $2,279,7552017Assets 2018: $2,313,880Liabilities 2018: $3,013Net Assets 2018: $2,310,8672018Assets 2019: $2,338,769Liabilities 2019: $3,014Net Assets 2019: $2,335,7552019Assets 2020: $2,354,807Liabilities 2020: $3,017Net Assets 2020: $2,351,7902020Assets 2021: $2,335,787Liabilities 2021: $6,018Net Assets 2021: $2,329,7692021Assets 2024: $2,442,728Liabilities 2024: $3,002Net Assets 2024: $2,439,7262024

Highlighted filing

2018

Assets$2,313,880
Liabilities$3,013
Net Assets$2,310,867

Operations Trend

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

$2.0M$1.5M$1.0M$500K$0-$500KRevenue 2013: $1,966,686Expenses 2013: $38,640Net Income 2013: $1,928,0462013Revenue 2015: $115,528Expenses 2015: $102,650Net Income 2015: $12,8782015Revenue 2016: $153,188Expenses 2016: $110,527Net Income 2016: $42,6612016Revenue 2017: $99,587Expenses 2017: $65,354Net Income 2017: $34,2332017Revenue 2018: $89,275Expenses 2018: $58,163Net Income 2018: $31,1122018Revenue 2019: $90,788Expenses 2019: $65,900Net Income 2019: $24,8882019Revenue 2020: $78,328Expenses 2020: $62,292Net Income 2020: $16,0362020Revenue 2021: $72,408Expenses 2021: $94,430Net Income 2021: -$22,0222021Revenue 2024: $229,589Expenses 2024: $188,882Net Income 2024: $40,7072024

Highlighted filing

2018

Revenue$89,275
Expenses$58,163
Net Income$31,112
Jump To
Filing Snapshot
Filing Period
Jan 1, 2018 to Dec 31, 2018
Signed
Jun 26, 2019
Return Version
2018v3.1
Gross Receipts
$89,760
Mission and Program Overview

Mission

To preserve, protect, monitor, maintain & enhance the aesthetic, environment, economic & recreational qualities of manchaug pond, it's dam & it's watershed located in sutton & douglas, ma as a natural resource.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$2,113,898$2,111,936▼ $1,962
Cash and Non-Interest-Bearing Accounts$75,042$103,886▲ $28,844
Savings and Temporary Cash Investments$93,850$93,945▲ $95
Inventories for Sale or Use-$4,113-
Total Assets$2,282,790$2,313,880▲ $31,090
Liabilities
Other Liabilities$3,035$3,013▼ $22
Total Liabilities$3,035$3,013▼ $22
Net Assets / Fund Balance
Unrestricted Net Assets$2,279,755$2,310,867▲ $31,112
Total Net Assets Fund Balance$2,279,755$2,310,867▲ $31,112
Total Liabilities and Net Assets / Fund Balance$2,282,790$2,313,880▲ $31,090

Asset Categories

AssetBook ValueDepreciationBasis
Land$1,440,400-$1,440,400
Buildings$646,624$89,057$735,681
Other Land Buildings$21,955$5,345$27,300
Equipment$2,957$2,812$5,769
Compensation and Service Providers

Board Members and Trustees

NameTitle
David SchmidtPresident
Andrew MosherVice President
Karen BronsonVice President
Brett SwensonDirector
Edmund DemeoDirector
Joan MccowanDirector
Lance SalmonsenDirector
Marty Jo HenryDirector
Paul EklundDirector
Peter GauthierDirector
Richard FullerDirector
William CosenzaDirector
William LangloisDirector
William WenceDirector
Laura BurgessAssisstant Clerk
Phylllis CharpentierClerk
Edward BiehnTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$20,088
Program Service Revenue
$60,405
Investment Income
$92
Other Revenue
$8,690
All Other Contributions
$9,623
Change in Net Assets
$31,112
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$58,163
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Depreciation Depletion$21,175--$21,175
Insurance$10,086$773-$10,859
Other Expenses$1,150--$1,150
Fees for Services Accounting-$1,050-$1,050
All Other Expenses$195$709-$904
Office Expenses-$412-$412
Total Functional Expenses$55,219$2,944$0$58,163
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$4,117
Fundraising Direct Expenses$485
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Tenant Deposit$3,013
Governance and Compliance

Governance Checklist

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

Governance Explanations

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

Tax return is available to all members at the annual meeting.

Form 990, Part VI, Section B, Line 12C

Requires conflict of interest policy to be filled out and signed each year.

Form 990, Part VI, Section C, Line 19

Governing documents, etc, available to public - documents are available on website of the organization

Filing and Contact Details

Filer

Filer Name
Manchaug Pond Foundation Inc
EIN
32-0303891
Phone
5088656242
Address
P O BOX 154, MANCHAUG, MA 01526

Signing Officer

Name
David Schmidt
Title
President
Phone
5088656242
Signed
2019-06-26
Discuss with paid preparer
Yes

Organization Details

Principal Officer
David Schmidt
Formed
2009
Legal Domicile
Ma
Voting Board Members
17
Independent Board Members
17
Employees
0
Volunteers
40

Preparer

Firm
Cerrone Graham & Shepherd Pc
Address
446 MAIN ST 10TH FL, WORCESTER, MA 01608
Preparer
Marie M Shepherd CPA
Phone
5087548512
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 24E

Website expense: program service expenses 0. Management and general expenses 439. Fundraising expenses 0. Total expenses 439. Newsletter: program service expenses 195. Management and general expenses 0. Fundraising expenses 0. Total expenses 195. Miscellaneous: program service expenses 0. Management and general expenses 158. Fundraising expenses 0. Total expenses 158. Filing fees: program service expenses 0. Management and general expenses 72. Fundraising expenses 0. Total expenses 72. Travel: program service expenses 0. Management and general expenses 40. Fundraising expenses 0. Total expenses 40.

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IRS990/OtherLiabilitiesGrp/EOYAmt03013
IRS990/PartialLiquidationInd00
IRS990/PoliticalCampaignActyInd00
IRS990/PrincipalOfficerNm0DAVID SCHMIDT
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0531110
IRS990/ProgramServiceRevenueGrp/Desc0FARM AND HOUSE RENTAL
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt060405
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt060405
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt033495
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt092
IRS990/PYOtherExpensesAmt065354
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt066000
IRS990/PYRevenuesLessExpensesAmt034233
IRS990/PYSalariesCompEmpBnftPaidAmt00
IRS990/PYTotalExpensesAmt065354
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt099587
IRS990/QuidProQuoContributionsInd00
IRS990/ReconcilationRevenueExpnssAmt031112
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt060405
IRS990/SavingsAndTempCashInvstGrp/BOYAmt093850
IRS990/SavingsAndTempCashInvstGrp/EOYAmt093945
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt020088
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt021729
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt078103
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt047994
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt0275484
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt0443398
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt092
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt092
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt067
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt042
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt039
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt0332
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt08690
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt03711
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt01947
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt01135
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt02259
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt017742
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt092
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt092
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt067
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt042
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt039
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt0332
IRS990ScheduleA/InvestmentIncomeCYPct00.00070
IRS990ScheduleA/InvestmentIncomePYPct00.00540
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.99930
IRS990ScheduleA/PublicSupportPY509Pct00.99460
IRS990ScheduleA/PublicSupportTotal509Amt0461140
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt00
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt028778
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt025440
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt080050
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt049129
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0277743
IRS990ScheduleA/Total509Grp/TotalAmt0461140
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt028870
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt025532
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt080117
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt049171
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt0277782
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt0461472
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/BuildingsGrp/BookValueAmt0646624
IRS990ScheduleD/BuildingsGrp/DepreciationAmt089057
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt0735681
IRS990ScheduleD/EquipmentGrp/BookValueAmt02957
IRS990ScheduleD/EquipmentGrp/DepreciationAmt02812
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt05769
IRS990ScheduleD/LandGrp/BookValueAmt01440400
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt01440400
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt021955
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt05345
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt027300
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt03013
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0TENANT DEPOSIT
IRS990ScheduleD/TotalBookValueLandBuildingsAmt02111936
IRS990ScheduleD/TotalLiabilityAmt03013
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0TAX RETURN IS AVAILABLE TO ALL MEMBERS AT THE ANNUAL MEETING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1REQUIRES CONFLICT OF INTEREST POLICY TO BE FILLED OUT AND SIGNED EACH YEAR.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2GOVERNING DOCUMENTS, ETC, AVAILABLE TO PUBLIC - DOCUMENTS ARE AVAILABLE ON WEBSITE OF THE ORGANIZATION
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3WEBSITE EXPENSE: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 439. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 439. NEWSLETTER: PROGRAM SERVICE EXPENSES 195. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 195. MISCELLANEOUS: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 158. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 158. FILING FEES: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 72. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 72. TRAVEL: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 40. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 40.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART IX, LINE 24E
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0MA
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt02282790
IRS990/TotalAssetsEOYAmt02313880
IRS990/TotalAssetsGrp/BOYAmt02282790
IRS990/TotalAssetsGrp/EOYAmt02313880
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt020088
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt02944
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt055219
IRS990/TotalFunctionalExpensesGrp/TotalAmt058163

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