Civic Intelligence

Interlace Commons Inc.

990EZ • Fiscal year 2021 • EIN 82-3600860

Jan 01, 2021 to Dec 31, 2021 • Filed on Jan 19, 2023

9 Pleasant StBristol, VT 05443

(802) 388-6300

Siviq Scores

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

Liabilities / Assets

56th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Liabilities / Revenue

56th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Net Margin

53rd percentile

11%

Higher net margin than 53% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Top Officer Pay

89th percentile

$37,297

Higher top officer pay than 89% of similar nonprofits.

Top officer pay equals 34.0% of source-year revenue.

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Asset Growth

20th percentile

-18%

Faster asset growth than 20% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Annualized from 2019 to 2021

Revenue Growth

65th percentile

25%

Faster revenue growth than 65% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Annualized from 2019 to 2021

Assets

Down

$62,814

Down $30,906 (-33%) from 2019

Net Assets

Down

$68,135

Down $25,585 (-27%) from 2019

Liabilities

Flat

$0

Flat from 2019

Revenue

Up

$109,774

Up $39,720 (+57%) from 2019

Expenses

Up

$97,625

Up $86,300 (+762%) from 2019

Net Income

Down

$12,149

Down $46,580 (-79%) from 2019

Historical Trend

Balance Sheet Trend

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

$400K$300K$200K$100K$0Assets 2019: $93,720Liabilities 2019: $0Net Assets 2019: $93,7202019Assets 2021: $62,814Liabilities 2021: $0Net Assets 2021: $68,1352021Assets 2022: $253,950Liabilities 2022: $0Net Assets 2022: $253,9502022Assets 2023: $315,729Liabilities 2023: $134,050Net Assets 2023: $181,6792023Assets 2024: $338,269Liabilities 2024: $106,738Net Assets 2024: $231,5312024

Highlighted filing

2021

Assets$62,814
Liabilities$0
Net Assets$68,135

Operations Trend

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

$1.0M$500K$0-$500KRevenue 2019: $70,054Expenses 2019: $11,325Net Income 2019: $58,7292019Revenue 2021: $109,774Expenses 2021: $97,625Net Income 2021: $12,1492021Revenue 2022: $462,999Expenses 2022: $281,821Net Income 2022: $181,1782022Revenue 2023: $678,275Expenses 2023: $750,404Net Income 2023: -$72,1292023Revenue 2024: $529,513Expenses 2024: $479,660Net Income 2024: $49,8532024

Highlighted filing

2021

Revenue$109,774
Expenses$97,625
Net Income$12,149
Jump To
Filing Snapshot
Filing Period
Jan 1, 2021 to Dec 31, 2021
Signed
Jan 19, 2023
Return Version
2021v4.0
Gross Receipts
$124,524
Mission and Program Overview

Mission

Interlace commons' purpose is to promote agroforestry and associated land use practices through educational initiatives. Agroforestry practices build resilient and biodiverse landscapes, mitigate climate change, and enhance rural livelihoods. We achieve our mission by educating diverse populations through our agroforestry field school, consulting, community classes, and internship program. We recognize that collaboration magnifies our impact: we work with farmers, institutions, businesses, and related non-profit organizations to raise awareness and build community ties.

Program Services

DescriptionGrantsExpenses
FIELD CONSULTANCY, COMMUNITY CLASSES AND AGROFORESTRY FIELD TRAINING$9,500$107,074
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
MEGHAN GIROUXExcutive DirectorFT$37,297-$37,297
LAURA HALEDirector-$0--
ALLISON LEADirector-$0--
CARRIE STAHLERDirector-$0--
Filing and Contact Details

Filer

Filer Name
Interlace Commons Inc
EIN
82-3600860
Address
9 PLEASANT ST, BRISTOL, VT 05443

Signing Officer

Name
Meghan Giroux
Title
Excutive Director
Signed
2023-01-19
Discuss with paid preparer
Yes

Preparer

Firm
Marble Trail Financial
Address
5 COURT ST FL 2, MIDDLEBURY, VT 05753
Preparer
Eden a Lalonde CPA
Phone
8023886300
Supplemental Narrative

Additional Explanations

Form 990-ez, Page 1, Item B

The taxpayer is amending the previously filed return to account for items that were estimates when the return was previously filed. 1. There were additional contributions recorded for 2021 of 14,750 not included in the previous return. 2. The grant listed in sch o, is not properly included on 990-ez line 10 for 9,500. 3. Additional expenses were recorded of 9,449. 4. The net effect of these changes increased net assets at the end of the year by 5,321.

Form 990-ez, Part I, Line 10

Name: perennial agriculture institute inc address: 145 brown avenue holyoke, ma 01040 cash contribution: 9,500

Form 990-ez, Part I, Line 16

Expenses advertising 196 645 832 121 dues and subscriptions 844 payroll processing fee 263 total 2,901

Form 990-ez, Part I, Line 20

OTHER INCREASES 20

Form 990-ez, Part II, Line 24

Accounts receivable 8 227 total 8 227

Form 990-ez, Part III

Interlace commons' purpose is to promote agroforestry and associated land use practices through educational initiatives. Agroforestry practices build resilient and biodiverse landscapes, mitigate climate change, and enhance rural livelihoods. We achieve our mission by educating diverse populations through our agroforestry field school, consulting, community classes, and internship program. We recognize that collaboration magnifies our impact: we work with farmers, institutions, businesses, and related non-profit organizations to raise awareness and build community ties.

Raw XML Appendix145 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE TAXPAYER IS AMENDING THE PREVIOUSLY FILED RETURN TO ACCOUNT FOR ITEMS THAT WERE ESTIMATES WHEN THE RETURN WAS PREVIOUSLY FILED. 1. THERE WERE ADDITIONAL CONTRIBUTIONS RECORDED FOR 2021 OF 14,750 NOT INCLUDED IN THE PREVIOUS RETURN. 2. THE GRANT LISTED IN SCH O, IS NOT PROPERLY INCLUDED ON 990-EZ LINE 10 FOR 9,500. 3. ADDITIONAL EXPENSES WERE RECORDED OF 9,449. 4. THE NET EFFECT OF THESE CHANGES INCREASED NET ASSETS AT THE END OF THE YEAR BY 5,321.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1NAME: PERENNIAL AGRICULTURE INSTITUTE INC ADDRESS: 145 BROWN AVENUE HOLYOKE, MA 01040 CASH CONTRIBUTION: 9,500
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2EXPENSES ADVERTISING 196 645 832 121 DUES AND SUBSCRIPTIONS 844 PAYROLL PROCESSING FEE 263 TOTAL 2,901
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3OTHER INCREASES 20
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4ACCOUNTS RECEIVABLE 8 227 TOTAL 8 227
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5INTERLACE COMMONS' PURPOSE IS TO PROMOTE AGROFORESTRY AND ASSOCIATED LAND USE PRACTICES THROUGH EDUCATIONAL INITIATIVES. AGROFORESTRY PRACTICES BUILD RESILIENT AND BIODIVERSE LANDSCAPES, MITIGATE CLIMATE CHANGE, AND ENHANCE RURAL LIVELIHOODS. WE ACHIEVE OUR MISSION BY EDUCATING DIVERSE POPULATIONS THROUGH OUR AGROFORESTRY FIELD SCHOOL, CONSULTING, COMMUNITY CLASSES, AND INTERNSHIP PROGRAM. WE RECOGNIZE THAT COLLABORATION MAGNIFIES OUR IMPACT: WE WORK WITH FARMERS, INSTITUTIONS, BUSINESSES, AND RELATED NON-PROFIT ORGANIZATIONS TO RAISE AWARENESS AND BUILD COMMUNITY TIES.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PAGE 1, ITEM B
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IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990-EZ, PART II, LINE 24
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990-EZ, PART III
ReturnHeader/BuildTS02023-03-07 01:45:13Z
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ReturnHeader/TaxPeriodEndDt02021-12-31
ReturnHeader/TaxYr02021

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Filings