Civic Intelligence

Timber Framers Guild Inc.

990 • Fiscal year 2022 • EIN 81-4201896

Apr 01, 2021 to Mar 31, 2022 • Filed on Feb 14, 2023

299 Pratt RoadAlstead, NH 03602

(833) 862-7376

Siviq Scores

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

Liabilities / Assets

81st percentile

0.31x

Higher debt load relative to assets than 81% of similar nonprofits.

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

Liabilities / Revenue

80th percentile

0.27x

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

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

Net Margin

39th percentile

0.7%

Higher net margin than 39% of similar nonprofits.

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

Top Officer Pay

82nd percentile

$82,072

Higher top officer pay than 82% of similar nonprofits.

Top officer pay equals 13.2% of source-year revenue.

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

Asset Growth

47th percentile

0.8%

Faster asset growth than 47% 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

Up

$545,591

Up $4,246 (+0.8%) from 2021

Net Assets

Up

$375,843

Up $4,231 (+1.1%) from 2021

Liabilities

Up

$169,748

Up $15 (+0.0%) from 2021

Revenue

Down

$620,579

Down $86,813 (-12%) from 2021

Expenses

Up

$616,348

Up $130,597 (+27%) from 2021

Net Income

Down

$4,231

Down $217,410 (-98%) from 2021

Historical Trend

Balance Sheet Trend

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

$800K$600K$400K$200K$0Assets 2017: $341,945Liabilities 2017: $141,559Net Assets 2017: $200,3862017Assets 2018: $235,480Liabilities 2018: $129,173Net Assets 2018: $106,3072018Assets 2019: $274,434Liabilities 2019: $105,215Net Assets 2019: $169,2192019Assets 2020: $286,610Liabilities 2020: $136,639Net Assets 2020: $149,9712020Assets 2021: $541,345Liabilities 2021: $169,733Net Assets 2021: $371,6122021Assets 2022: $545,591Liabilities 2022: $169,748Net Assets 2022: $375,8432022Assets 2023: $650,262Liabilities 2023: $174,299Net Assets 2023: $475,9632023Assets 2024: $500,718Liabilities 2024: $268,868Net Assets 2024: $231,8502024Assets 2025: $411,798Liabilities 2025: $259,081Net Assets 2025: $152,7172025

Highlighted filing

2022

Assets$545,591
Liabilities$169,748
Net Assets$375,843

Operations Trend

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

$1.5M$1.0M$500K$0-$500KRevenue 2017: $198,011Expenses 2017: $163,808Net Income 2017: $34,2032017Revenue 2018: $817,628Expenses 2018: $911,707Net Income 2018: -$94,0792018Revenue 2019: $800,609Expenses 2019: $737,697Net Income 2019: $62,9122019Revenue 2020: $924,325Expenses 2020: $943,573Net Income 2020: -$19,2482020Revenue 2021: $707,392Expenses 2021: $485,751Net Income 2021: $221,6412021Revenue 2022: $620,579Expenses 2022: $616,348Net Income 2022: $4,2312022Revenue 2023: $1,026,782Expenses 2023: $926,662Net Income 2023: $100,1202023Revenue 2024: $1,084,752Expenses 2024: $1,332,993Net Income 2024: -$248,2412024Revenue 2025: $1,240,554Expenses 2025: $1,319,687Net Income 2025: -$79,1332025

Highlighted filing

2022

Revenue$620,579
Expenses$616,348
Net Income$4,231
Jump To
Filing Snapshot
Filing Period
Apr 1, 2021 to Mar 31, 2022
Signed
Feb 14, 2023
Return Version
2021v4.2
Gross Receipts
$658,344
Mission and Program Overview

Mission

Active since the 1980s, the guild advances timber framing and enriches our community through research, education, and industry. Through our programming, we support sustainable communities, jobs creation, effective infrastructure, and responsible consumption.

Active since the 1980s, the guild advances timber framing and enriches (see schedule o) our community through research, education, and industry. Through our programming, we support sustainable communities, jobs creation, effective infrastructure, and responsible consumption.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$358,588$383,280▲ $24,692
Investments Program Related$90,000$90,000→ $0
Prepaid Expenses and Deferred Charges$7,758$0▼ $7,758
Accounts Receivable$15,183$2,250▼ $12,933
Total Assets$541,345$545,591▲ $4,246
Other Assets Total$69,816$70,061▲ $245
Liabilities
Unsecured Notes Loans Payable$149,900$155,900▲ $6,000
Deferred Revenue$17,918$0▼ $17,918
Accounts Payable and Accrued Expenses$1,915$13,848▲ $11,933
Total Liabilities$169,733$169,748▲ $15
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$358,761$321,134▼ $37,627
Net Assets With Donor Restrictions$12,851$54,709▲ $41,858
Total Net Assets Fund Balance$371,612$375,843▲ $4,231
Total Liabilities and Net Assets / Fund Balance$541,345$545,591▲ $4,246

Asset Categories

AssetBook ValueDepreciationBasis
Investment Program Related Org$90,000--
Other Assets Org$70,061--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
James MageeExecutive Director (to 7/21)FT$82,072$82,072
Steve LawrenceTreasurerPT$10,929$10,929
Bill SturmDirector (from 2021)-$2,000$2,000

Board Members and Trustees

NameTitle
Bo FoardPresident
Autumn PetersonVice President
Eric MorleyVice President (to 12/31/21)
Rene AllenDirector
Sandy BennettDirector
Will DentonDirector
Jim DesantisDirector (from 1/22)
Brad MorseDirector (from 2021)
Chris KoehnDirector (from 2021)
Christian GudmandDirector (from 2021)
Janet KaneDirector (to 12/31/21)
Eric HowardExecutive Director (from 3/22)
Brenda BakerInterim Exec Director (8/21-3/22)
Jackson DuboisClerk (from 1/22)
Revenue and Support

Revenue Composition

Contributions and Grants
$243,429
Program Service Revenue
$376,833
Investment Income
$24
Other Revenue
$293
All Other Contributions
$27,000
Change in Net Assets
$4,231
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$389,427
Salaries, Compensation, and Employee Benefits$226,921
Total Fundraising Expense$15,096
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$68,914$40,199$5,743$114,856
Current Officers, Directors, Trustees, and Key Employees$28,697$16,740$2,391$47,828
Conferences and Meetings$32,373--$32,373
Comp Disqual Persons$18,812$10,974$1,568$31,354
Payroll Taxes$18,349$10,703$1,529$30,581
Fees for Services Other$21,435$2,282$3,500$27,217
Insurance$17,968$3,304-$21,272
Information Technology$14,754$1,184-$15,938
Fees for Services Accounting$9,490$3,163-$12,653
Fees for Services Legal$370$11,712$250$12,332
Occupancy$5,198$5,197-$10,395
All Other Expenses$520$6,415-$6,935
Office Expenses$2,411$1,810-$4,221
Other Expenses$4,168--$4,168
Advertising$2,488--$2,488
Other Employee Benefits$1,381$806$115$2,302
Travel-$1,108-$1,108
Total Functional Expenses$485,655$115,597$15,096$616,348
International Activity

International Summary

Offices
0
Employees
1
Spending
$10,929

International Compliance

Activity in boycott countries
No
Foreign corporation ownership
No
Foreign partnership interest
No
Interest in foreign trust
No
Passive foreign investment company interest
No
Transfers to foreign corporations
No

International Activities

RegionActivityServicesOfficesEmployeesSpending
North AmericaProgram ServicesProject Management01$10,929
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$14,650
Fundraising Gross Income$14,650
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Interested-Person Transactions

Interested PartyRelationshipDescriptionShared RevenueAmount
Lorry DuboisSpouse of OfficerEmployee of OrganizationNo$31,354
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
Yes
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
Yes
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 6

The guild has members who pay annual dues.

Form 990, Part VI, Section A, Line 7A

The guild members vote for the board of directors.

Form 990, Part VI, Section A, Line 7B

The guild members vote on any bylaw changes before they are implemented.

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

The draft 990 is shared with and reviewed by the finance committee, followed by the executive committee, and then circulated to the full board, prior to filing.

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

Board members and staff are required to complete a conflict of interest form annually. In accordance with the conflict of interest policy, anyone who has a direct or indirect financial interest in a business arrangement with the guild must disclose the interest, and will be prohibited from participating in and voting on the determination to accept or reject the business arrangement.

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

The board of directors generally base the executive director compensation on previous salary paid and current anticipated budget constraints.

Form 990, Part VI, Section C, Line 18

Yearly financials are available in the guild newsletter.

Form 990, Part VI, Section C, Line 19

The organization makes its governing documents available on its website.

Filing and Contact Details

Filer

Filer Name
Timber Framers Guild Inc
EIN
81-4201896
Phone
8338627376
Address
299 PRATT ROAD, ALSTEAD, NH 03602

Signing Officer

Name
Jackson Dubois
Title
President
Phone
8338627376
Signed
2023-02-14
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Eric Howard
Formed
2016
Legal Domicile
Nh
Voting Board Members
12
Independent Board Members
11
Employees
4
Volunteers
85

Preparer

Firm
Marcum Llp
Address
555 LONG WHARF DRIVE 8TH FLOOR, NEW HAVEN, CT 06511
Preparer
Mary Antonetti
Phone
2037819600
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IRS990/ActivityOrMissionDesc0ACTIVE SINCE THE 1980S, THE GUILD ADVANCES TIMBER FRAMING AND ENRICHES (SEE SCHEDULE O) OUR COMMUNITY THROUGH RESEARCH, EDUCATION, AND INDUSTRY. THROUGH OUR PROGRAMMING, WE SUPPORT SUSTAINABLE COMMUNITIES, JOBS CREATION, EFFECTIVE INFRASTRUCTURE, AND RESPONSIBLE CONSUMPTION.
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IRS990/Form990PartVIISectionAGrp/TitleTxt0EXECUTIVE DIRECTOR (TO 7/21)
IRS990/Form990PartVIISectionAGrp/TitleTxt1TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt2DIRECTOR (FROM 2021)
IRS990/Form990PartVIISectionAGrp/TitleTxt3DIRECTOR (FROM 2021)
IRS990/Form990PartVIISectionAGrp/TitleTxt4DIRECTOR (FROM 2021)
IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt6DIRECTOR (FROM 1/22)
IRS990/Form990PartVIISectionAGrp/TitleTxt7DIRECTOR (FROM 2021)
IRS990/Form990PartVIISectionAGrp/TitleTxt8DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt9DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt10DIRECTOR (TO 12/31/21)
IRS990/Form990PartVIISectionAGrp/TitleTxt11PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt12VICE PRESIDENT (TO 12/31/21)
IRS990/Form990PartVIISectionAGrp/TitleTxt13VICE PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt14CLERK (FROM 1/22)
IRS990/Form990PartVIISectionAGrp/TitleTxt15INTERIM EXEC DIRECTOR (8/21-3/22)
IRS990/Form990PartVIISectionAGrp/TitleTxt16EXECUTIVE DIRECTOR (FROM 3/22)
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IRS990/MissionDesc0ACTIVE SINCE THE 1980S, THE GUILD ADVANCES TIMBER FRAMING AND ENRICHES OUR COMMUNITY THROUGH RESEARCH, EDUCATION, AND INDUSTRY. THROUGH OUR PROGRAMMING, WE SUPPORT SUSTAINABLE COMMUNITIES, JOBS CREATION, EFFECTIVE INFRASTRUCTURE, HISTORIC PRESERVATION, AND SUSTAINABILITY.
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IRS990/ProgSrvcAccomActy2Grp/Desc0THE GUILD AND ITS MEMBERS DESIGN AND BUILD STRUCTURES IN PARTNERSHIP WITH PUBLIC AGENCIES AND NONPROFIT ORGANIZATIONS, WITH SUPPORT FROM GUILD MEMBERS, COMMUNITY VOLUNTEERS, AND OTHER STAKEHOLDERS. THESE PROJECTS ARE DONE TO EDUCATE OUR MEMBERS AND THE PUBLIC, DEMONSTRATE THE VALUE OF TIMBER FRAME STRUCTURES, AND PROVIDE LASTING BENEFITS TO THE COMMUNITIES THAT UNDERWRITE THEM. DUE TO THE COVID EPIDEMIC, THERE WERE NO INTERNATIONAL PROGRAMS DURING THE YEAR ENDED MARCH 31, 2022.
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IRS990/ProgSrvcAccomActy2Grp/RevenueAmt0332100
IRS990/ProgSrvcAccomActy3Grp/Desc0RESEARCH AND KNOWLEDGE: THE GUILD PUBLISHES THE JOURNAL-OF-RECORD FOR OUR INDUSTRY. THE QUARTERLY MAGAZINE, TIMBER FRAMING, HAS BEEN PUBLISHED SINCE 1989 AND IS A DEEP ARCHIVE FOR INFORMATION ON THE TECHNOLOGY, THEORY, PRACTICE, DESIGN, ENGINEERING, CONSERVATION, AND PRESERVATION OF A WIDE ARRAY OF STRUCTURES. A SISTER PUBLICATION, SCANTLINGS, PROVIDES UPDATES ON THE BUSINESS AND PEOPLE IN OUR COMMUNITY AND CURRENT EVENTS. THE GUILD ALSO PROVIDES LEADERSHIP THROUGH PUBLISHING OR DISSEMINATION OF BOOKS, REPORTS, STANDARDS, AND GUIDELINES.
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