Civic Intelligence

The Stone Trust Inc

990 • Fiscal year 2024 • EIN 35-2382005

Jul 01, 2023 to Jun 30, 2024 • Filed on Dec 03, 2024

707 Kipling RoadDummerston, VT 05301

(802) 490-9607

Siviq Scores

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

Liabilities / Assets

98th percentile

2.33x

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

2024 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2024

Liabilities / Revenue

86th percentile

0.46x

Higher debt load relative to revenue than 86% of similar nonprofits.

2024 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2024

Net Margin

27th percentile

-6.4%

Higher net margin than 27% of similar nonprofits.

2024 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2024

Top Officer Pay

80th percentile

$80,572

Higher top officer pay than 80% of similar nonprofits.

Top officer pay equals 15.8% of source-year revenue.

2024 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2024

Asset Growth

16th percentile

-12%

Faster asset growth than 16% of similar nonprofits.

2024 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2023 to 2024

Revenue Growth

69th percentile

25%

Faster revenue growth than 69% of similar nonprofits.

2024 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2023 to 2024

Assets

Down

$99,999

Down $13,539 (-12%) from 2023

Net Assets

Down

-$132,972

Down $32,757 (-33%) from 2023

Liabilities

Up

$232,971

Up $19,218 (+9.0%) from 2023

Revenue

Up

$510,256

Up $102,955 (+25%) from 2023

Expenses

Up

$543,013

Up $39,098 (+7.8%) from 2023

Net Income

Up

-$32,757

Up $63,857 (+66%) from 2023

Historical Trend

Balance Sheet Trend

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

$300K$200K$100K$0-$100K-$200KAssets 2016: $46,919Liabilities 2016: $8,000Net Assets 2016: $38,9192016Assets 2017: $34,884Liabilities 2017: $9,383Net Assets 2017: $25,5012017Assets 2018: $44,853Liabilities 2018: $1,032Net Assets 2018: $43,8212018Assets 2019: $54,702Liabilities 2019: $3,671Net Assets 2019: $51,0312019Assets 2020: $111,800Liabilities 2020: $91,626Net Assets 2020: $20,1742020Assets 2021: $101,238Liabilities 2021: $149,812Net Assets 2021: -$48,5742021Assets 2022: $103,545Liabilities 2022: $107,147Net Assets 2022: -$3,6022022Assets 2023: $113,538Liabilities 2023: $213,753Net Assets 2023: -$100,2152023Assets 2024: $99,999Liabilities 2024: $232,971Net Assets 2024: -$132,9722024Assets 2025: $60,729Liabilities 2025: $152,714Net Assets 2025: -$91,9852025

Highlighted filing

2024

Assets$99,999
Liabilities$232,971
Net Assets-$132,972

Operations Trend

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

$600K$400K$200K$0-$200KRevenue 2016: $122,120Expenses 2016: $106,656Net Income 2016: $15,4642016Revenue 2017: $134,229Expenses 2017: $147,647Net Income 2017: -$13,4182017Revenue 2018: $288,194Expenses 2018: $269,874Net Income 2018: $18,3202018Revenue 2019: $182,796Expenses 2019: $175,586Net Income 2019: $7,2102019Revenue 2020: $168,066Expenses 2020: $195,897Net Income 2020: -$27,8312020Revenue 2021: $277,839Expenses 2021: $346,587Net Income 2021: -$68,7482021Revenue 2022: $283,554Expenses 2022: $237,418Net Income 2022: $46,1362022Revenue 2023: $407,301Expenses 2023: $503,915Net Income 2023: -$96,6142023Revenue 2024: $510,256Expenses 2024: $543,013Net Income 2024: -$32,7572024Revenue 2025: $448,100Expenses 2025: $404,138Net Income 2025: $43,9622025

Highlighted filing

2024

Revenue$510,256
Expenses$543,013
Net Income-$32,757
Jump To
Filing Snapshot
Filing Period
Jul 1, 2023 to Jun 30, 2024
Signed
Dec 3, 2024
Return Version
2023v5.1
Gross Receipts
$608,376
Mission and Program Overview

Mission

To Preserve And Advance The Art And Craft Of Dry Stone Walling.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$33,550$34,593▲ $1,043
Inventories for Sale or Use$16,996$21,789▲ $4,793
Cash and Non-Interest-Bearing Accounts$30,738$19,526▼ $11,212
Land, Buildings, and Equipment, Net$19,286$15,241▼ $4,045
Savings and Temporary Cash Investments$12,968$8,850▼ $4,118
Accounts Receivable-$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-
Intangible Assets-$0-
Prepaid Expenses and Deferred Charges-$0-
Total Assets$113,538$99,999▼ $13,539
Other Assets Total-$0-
Liabilities
Unsecured Notes Loans Payable$91,000$92,388▲ $1,388
Accounts Payable and Accrued Expenses$59,102$76,459▲ $17,357
Deferred Revenue$63,651$64,124▲ $473
Total Liabilities$213,753$232,971▲ $19,218
Net Assets / Fund Balance
Net Assets With Donor Restrictions-$1,200-
Net Assets Without Donor Restrictions$-100,215$-134,172▼ $33,957
Total Net Assets Fund Balance$-100,215$-132,972▼ $32,757
Total Liabilities and Net Assets / Fund Balance$113,538$99,999▼ $13,539

Asset Categories

AssetBook ValueDepreciationBasis
Leasehold Improvements$10,774$20,426$31,200
Equipment$4,467$12,762$17,229
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Amy-louise PfefferExecutive DirectorFT$80,572$80,572

Board Members and Trustees

NameTitle
Martin BeeversPresident
Dan Morales-walshVice President
Brian PostDirector
Hilary DeesDirector
Kevin LairDirector
Michael BarwellDirector
William CreminsDirector
Duncan MurphySecretary
Edward MarrinanTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$172,307
Program Service Revenue
$340,959
Investment Income
$1,087
Other Revenue
$-4,097
All Other Contributions
$112,299
Change in Net Assets
$-32,757

Noncash Contribution Practices

Property subject to holding requirements
No
Reviewed unusual noncash gifts
No
Third parties used for noncash contributions
No

Noncash Contributions

Contribution TypeContribution CountReported AmountValuation Method
Other Non Cash Contri Table17$25,644Fair Market Value (FMV)
Other Non Cash Contri Table17$8,000Fair Market Value (FMV)
Other Non Cash Contri Table17$6,830Fair Market Value (FMV)
Other Non Cash Contri Table17$1,673Fair Market Value (FMV)
Other Non Cash Contri Table17$1,164Fair Market Value (FMV)
Other Non Cash Contri Table17$768Fair Market Value (FMV)
Other Non Cash Contri Table17$410Fair Market Value (FMV)
Other Non Cash Contri Table17$55Fair Market Value (FMV)
Total Noncash Contributions136$44,544-
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$288,827
Salaries, Compensation, and Employee Benefits$254,186
Total Fundraising Expense$7,245
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$113,347$43,104$3,192$159,643
Current Officers, Directors, Trustees, and Key Employees$49,408$18,789$1,392$69,589
Payroll Taxes$13,868$5,274$391$19,533
Information Technology$12,424$4,725$350$17,499
Occupancy$11,313$4,302$319$15,934
Fees for Services Other$5,968$2,269$168$8,405
Interest$5,630$2,141$159$7,930
Fees for Services Accounting$4,146$1,577$117$5,840
Other Employee Benefits$3,849$1,464$108$5,421
Other Expenses$3,440$1,308$97$4,845
Depreciation Depletion$2,872$1,092$81$4,045
All Other Expenses$2,609$992$74$3,675
Office Expenses$2,545$965$72$3,582
Insurance$67$25$2$94
Travel$42$16$1$59
Total Functional Expenses$437,986$97,782$7,245$543,013
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
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
Yes
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
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

No review was or will be conducted.

Form 990, Part VI, Section C, Line 19

No documents available to the public.

Filing and Contact Details

Filer

Filer Name
The Stone Trust Inc
EIN
35-2382005
Phone
8024909607
Address
707 KIPLING ROAD, DUMMERSTON, VT 05301

Signing Officer

Name
Amy-louise Pfeffer
Title
Executive Director
Signed
2024-12-03
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Martin Beevers
Legal Domicile
Vt
Voting Board Members
9
Independent Board Members
9
Employees
5
Volunteers
10

Preparer

Firm
Downey Pieciak Fitzgerald & Co Pc
Address
10 PARK PLACE, BRATTLEBORO, VT 05301
Preparer
Joseph S Pieciak Jr CPA
Phone
8022571307
Supplemental Narrative

Additional Explanations

Form 990, Part XII, Line 2C

Auditing committee assumes responsibility for oversignt of review and selection of independent accountant.

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IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED

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