Civic Intelligence

Bridgewater Area Community Fouindation Inc.

990EZ • Fiscal year 2021 • EIN 83-1706093

Jan 01, 2021 to Dec 31, 2021 • Filed on Nov 08, 2024

76 Southgate LpBridgewater, VT 05034

(802) 698-2527

Siviq Scores

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

Liabilities / Assets

63rd percentile

0.01x

Higher debt load relative to assets than 63% of similar nonprofits.

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

Liabilities / Revenue

69th percentile

0.02x

Higher debt load relative to revenue than 69% of similar nonprofits.

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

Net Margin

90th percentile

61%

Higher net margin than 90% of similar nonprofits.

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

Top Officer Pay

77th percentile

$0

Higher top officer pay than 77% of similar nonprofits.

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

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

Asset Growth

74th percentile

33%

Faster asset growth than 74% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Annualized from 2020 to 2021

Revenue Growth

32nd percentile

-19%

Faster revenue growth than 32% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Annualized from 2020 to 2021

Assets

Up

$488,416

Up $121,745 (+33%) from 2020

Net Assets

Up

$484,184

Up $117,584 (+32%) from 2020

Liabilities

Up

$4,232

Up $4,161 (+5861%) from 2020

Revenue

Down

$193,794

Down $44,867 (-19%) from 2020

Expenses

Up

$76,210

Up $195 (+0.3%) from 2020

Net Income

Down

$117,584

Down $45,062 (-28%) from 2020

Historical Trend

Balance Sheet Trend

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

$800K$600K$400K$200K$0Assets 2019: $204,138Liabilities 2019: $184Net Assets 2019: $203,9542019Assets 2020: $366,671Liabilities 2020: $71Net Assets 2020: $366,6002020Assets 2021: $488,416Liabilities 2021: $4,232Net Assets 2021: $484,1842021Assets 2022: $614,992Liabilities 2022: $18,219Net Assets 2022: $596,7732022

Highlighted filing

2021

Assets$488,416
Liabilities$4,232
Net Assets$484,184

Operations Trend

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

$400K$300K$200K$100K$0Revenue 2019: $267,070Expenses 2019: $63,216Net Income 2019: $203,8542019Revenue 2020: $238,661Expenses 2020: $76,015Net Income 2020: $162,6462020Revenue 2021: $193,794Expenses 2021: $76,210Net Income 2021: $117,5842021Revenue 2022: $348,988Expenses 2022: $236,399Net Income 2022: $112,5892022

Highlighted filing

2021

Revenue$193,794
Expenses$76,210
Net Income$117,584
Jump To
Filing Snapshot
Filing Period
Jan 1, 2021 to Dec 31, 2021
Signed
Nov 8, 2024
Return Version
2021v4.0
Gross Receipts
$193,794
Mission and Program Overview

Mission

To provide a vibrant center where the people of bridgewater and the surrounding towns can gather as part of a caring, diverse community of people from all ages and walks of life.

Program Services

DescriptionGrantsExpenses
THE FOUNDATION FOSTERS EDUCATION, ARTISTRY, COMMERCE, HEALTH AND WELLNESS, PERSONAL GROWTH AND CONNECTION. IT STRIVES TO MEET THE BASIC NEEDS OF ALL CITIZENS IN A RESILIENT SPACE THAT WILL CONTINUE TO SERVE, AND FUNCTION, WHEN IT IS NEEDED THE MOST. IN 2019 THE FOUNDATION BEGAN RAISING FUNDS TO RENOVATE THE FORMER BRIDGEWATER VILLAGE SCHOOL BUILDING AND CONVERT IT INTO THE BRIDGEWATER COMMUNITY CENTER. FUTURE PLANS FOR THE BRIDGEWATER COMMUNITY CENTER INCLUDE A WIDE VARIETY OF PROGRAMMING FROM OUR STRONG LIST OF PARTNERS: ARTISTREE COMMUNITY ARTS CENTER, THOMPSON SENIOR CENTER, SUSTAINABLE WOODSTOCK, OTTAUQUECHEE HEALTH FOUNDATION, NORMAN WILLIAMS PUBLIC LIBRARY, SENIOR SOLUTIONS, CREATIVE LIVES, BARNARTS, PENTANGLE ARTS, JAG, AND WOODSTOCK COMMUNITY FOOD SHELF. THE COMMUNITY CENTER WILL HOUSE A CHILD CARE CENTER. THE BUILDING WILL ALSO BE USED FOR INDEPENDENT BUSINESSES, MOVEMENT CLASSES, YOGA CLASSES, AND OTHER COMMUNITY WELLNESS ACTIVITIES. IT WILL BE AVAILABLE FOR EVENTS, FUNCTIONS, AND AS A COMMUNITY RESOURCE ROOM. THE BRIDGWATER COMMUNITY CENTER WILL ALSO SERVE AS THE EMERGENCY SHELTER AND TOWN COMMUNITY SPACE.-$19,855
PHASE ONE CONSTRUCTION AND UPDATES FOR THE BRIDGEWATER COMMUNITY CHILDCARE, LOCATED IN THE 1991 ADDITION AT THE REAR OF THE BUILDING IS NEAR COMPLETION. WE HAVE RECEIVED OUR OCCUPANCY CERTIFICATE WITH THE STATE AND CONTINUE WITH THE VERMONT LICENSING PROCESS. BRIDGEWATER COMMUNITY CHILDCARE HAS HIRED A PROGRAM DIRECTOR AND NOW LOOKS TO FILL THREE TEACHING POSITIONS. THE BRIDGEWATER COMMUNITY CHILDCARE WILL OPEN JUNE 1, 2022 WITH FOURTEEN SPOTS FOR CHILDREN AGE SIX WEEKS THROUGH THIRTY-SIX MONTHS. ENROLLMENT IS NOW OPEN WITH LINKS ON OUR WEBSITE. ALONG WITH CREATING THE CHILDCARE SPACE WE HAVE ALSO UPDATED THE CENTER'S ROOFING, INSULATION AND PREPARED FOR PHASE TWO CONSTRUCTION.--
PHASE TWO CONSTRUCTION ON THE HISTORICAL 1914 SECTION IS ON TRACK TO BEGIN SPRING 2022. PHASE TWO CONSTRUCTION AND UPDATES WILL INCLUDE BUT NOT BE LIMITED TO ADDING STATE APPROVED ACCESSIBILITY, A NEW SPRINKLER SYSTEM, UPDATING HEAT AND AIR EXCHANGE SYSTEMS, UPGRADED BATHROOMS, ENERGY EFFICIENCY, REVITALIZING ROOMS, AND BRINGING ALL ELECTRICAL AND WIRING UP TO CODE. PART OF PHASE TWO WILL ALSO INCLUDE EXPANDING THE CHILDCARE PROGRAM AND OPENING AN AFTER SCHOOL PROGRAM.--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
BRIAN BONTRAGERPresidentPT$0--
MICHELLE HOUGHVice Preside-$0--
DALENE WASHBURNSecretary-$0--
MICHELLE AGINDirector-$0--
MICHAEL CADUTODirector-$0--
KATHLEEN DOLANDirector-$0--
COLLEN DOYLEDirector-$0--
CHARLES SHACKLETONDirector-$0--
THOMAS THOMPSONDirector-$0--
VICKY YOUNGDirector-$0--
Filing and Contact Details

Filer

Filer Name
Bridgewater Area Community
EIN
83-1706093
Phone
8026982527
Address
76 SOUTHGATE LP, BRIDGEWATER, VT 05034

Signing Officer

Name
Brian Bontrager
Title
President
Phone
8026982527
Signed
2024-11-08
Discuss with paid preparer
Yes

Preparer

Firm
Schiffman Dattilio & Company Pc
Address
23 BANK ST, LEBANON, NH 03766
Preparer
Heidi J St Peter CPA
Phone
6034486655
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 8

Bottle money 610 total 610

Form 990-ez, Part I, Line 16

Expenses advertising 227 office supplies & software 3,380 postage 94 internet/telephone 1,832 meals 112 insurance 7,503 grant expense:couch famil 945 grant expense:project man 14,927 grant expense:tobw feasib 759 bank charges and fees 15 childcare professional de 597 dues and subscriptions 220 vt state licenses & permi 45 supplies 116 non-investment depreciation 3,185 total 33,957

Form 990-ez, Part II, Line 24

Building improvements 0 162,204 less accumulated depreciation 0 5,107 classroom furniture 0 17,373 less accumulated depreciation 0 3,185 total 0 171,285

Form 990-ez, Part II, Line 26

Accounts payable and accrued expenses 71 4,232

Form 990-ez, Part III

To provide a vibrant center where the people of bridgewater and the surrounding towns can gather as part of a caring, diverse community of people from all ages and walks of life.

Form 990-ez, Part III, Line 28

The foundation fosters education, artistry, commerce, health and wellness, personal growth and connection. It strives to meet the basic needs of all citizens in a resilient space that will continue to serve, and function, when it is needed the most. In 2019 the foundation began raising funds to renovate the former bridgewater village school building and convert it into the bridgewater community center. Future plans for the bridgewater community center include a wide variety of programming from our strong list of partners: artistree community arts center, thompson senior center, sustainable woodstock, ottauquechee health foundation, norman williams public library, senior solutions, creative lives, barnarts, pentangle arts, jag, and woodstock community food shelf. The community center will house a child care center. The building will also be used for independent businesses, movement classes, yoga classes, and other community wellness activities. It will be available for events, functions, and as a community resource room. The bridgwater community center will also serve as the emergency shelter and town community space.

Form 990-ez, Part III, Line 29

Phase one construction and updates for the bridgewater community childcare, located in the 1991 addition at the rear of the building is near completion. We have received our occupancy certificate with the state and continue with the vermont licensing process. Bridgewater community childcare has hired a program director and now looks to fill three teaching positions. The bridgewater community childcare will open june 1, 2022 with fourteen spots for children age six weeks through thirty-six months. Enrollment is now open with links on our website. Along with creating the childcare space we have also updated the center's roofing, insulation and prepared for phase two construction.

Form 990-ez, Part III, Line 30

Phase two construction on the historical 1914 section is on track to begin spring 2022. Phase two construction and updates will include but not be limited to adding state approved accessibility, a new sprinkler system, updating heat and air exchange systems, upgraded bathrooms, energy efficiency, revitalizing rooms, and bringing all electrical and wiring up to code. Part of phase two will also include expanding the childcare program and opening an after school program.

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IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0THE FOUNDATION FOSTERS EDUCATION, ARTISTRY, COMMERCE, HEALTH AND WELLNESS, PERSONAL GROWTH AND CONNECTION. IT STRIVES TO MEET THE BASIC NEEDS OF ALL CITIZENS IN A RESILIENT SPACE THAT WILL CONTINUE TO SERVE, AND FUNCTION, WHEN IT IS NEEDED THE MOST. IN 2019 THE FOUNDATION BEGAN RAISING FUNDS TO RENOVATE THE FORMER BRIDGEWATER VILLAGE SCHOOL BUILDING AND CONVERT IT INTO THE BRIDGEWATER COMMUNITY CENTER. FUTURE PLANS FOR THE BRIDGEWATER COMMUNITY CENTER INCLUDE A WIDE VARIETY OF PROGRAMMING FROM OUR STRONG LIST OF PARTNERS: ARTISTREE COMMUNITY ARTS CENTER, THOMPSON SENIOR CENTER, SUSTAINABLE WOODSTOCK, OTTAUQUECHEE HEALTH FOUNDATION, NORMAN WILLIAMS PUBLIC LIBRARY, SENIOR SOLUTIONS, CREATIVE LIVES, BARNARTS, PENTANGLE ARTS, JAG, AND WOODSTOCK COMMUNITY FOOD SHELF. THE COMMUNITY CENTER WILL HOUSE A CHILD CARE CENTER. THE BUILDING WILL ALSO BE USED FOR INDEPENDENT BUSINESSES, MOVEMENT CLASSES, YOGA CLASSES, AND OTHER COMMUNITY WELLNESS ACTIVITIES. IT WILL BE AVAILABLE FOR EVENTS, FUNCTIONS, AND AS A COMMUNITY RESOURCE ROOM. THE BRIDGWATER COMMUNITY CENTER WILL ALSO SERVE AS THE EMERGENCY SHELTER AND TOWN COMMUNITY SPACE.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt1PHASE ONE CONSTRUCTION AND UPDATES FOR THE BRIDGEWATER COMMUNITY CHILDCARE, LOCATED IN THE 1991 ADDITION AT THE REAR OF THE BUILDING IS NEAR COMPLETION. WE HAVE RECEIVED OUR OCCUPANCY CERTIFICATE WITH THE STATE AND CONTINUE WITH THE VERMONT LICENSING PROCESS. BRIDGEWATER COMMUNITY CHILDCARE HAS HIRED A PROGRAM DIRECTOR AND NOW LOOKS TO FILL THREE TEACHING POSITIONS. THE BRIDGEWATER COMMUNITY CHILDCARE WILL OPEN JUNE 1, 2022 WITH FOURTEEN SPOTS FOR CHILDREN AGE SIX WEEKS THROUGH THIRTY-SIX MONTHS. ENROLLMENT IS NOW OPEN WITH LINKS ON OUR WEBSITE. ALONG WITH CREATING THE CHILDCARE SPACE WE HAVE ALSO UPDATED THE CENTER'S ROOFING, INSULATION AND PREPARED FOR PHASE TWO CONSTRUCTION.
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0BOTTLE MONEY 610 TOTAL 610
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1EXPENSES ADVERTISING 227 OFFICE SUPPLIES & SOFTWARE 3,380 POSTAGE 94 INTERNET/TELEPHONE 1,832 MEALS 112 INSURANCE 7,503 GRANT EXPENSE:COUCH FAMIL 945 GRANT EXPENSE:PROJECT MAN 14,927 GRANT EXPENSE:TOBW FEASIB 759 BANK CHARGES AND FEES 15 CHILDCARE PROFESSIONAL DE 597 DUES AND SUBSCRIPTIONS 220 VT STATE LICENSES & PERMI 45 SUPPLIES 116 NON-INVESTMENT DEPRECIATION 3,185 TOTAL 33,957
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2BUILDING IMPROVEMENTS 0 162,204 LESS ACCUMULATED DEPRECIATION 0 5,107 CLASSROOM FURNITURE 0 17,373 LESS ACCUMULATED DEPRECIATION 0 3,185 TOTAL 0 171,285
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3ACCOUNTS PAYABLE AND ACCRUED EXPENSES 71 4,232
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4TO PROVIDE A VIBRANT CENTER WHERE THE PEOPLE OF BRIDGEWATER AND THE SURROUNDING TOWNS CAN GATHER AS PART OF A CARING, DIVERSE COMMUNITY OF PEOPLE FROM ALL AGES AND WALKS OF LIFE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5THE FOUNDATION FOSTERS EDUCATION, ARTISTRY, COMMERCE, HEALTH AND WELLNESS, PERSONAL GROWTH AND CONNECTION. IT STRIVES TO MEET THE BASIC NEEDS OF ALL CITIZENS IN A RESILIENT SPACE THAT WILL CONTINUE TO SERVE, AND FUNCTION, WHEN IT IS NEEDED THE MOST. IN 2019 THE FOUNDATION BEGAN RAISING FUNDS TO RENOVATE THE FORMER BRIDGEWATER VILLAGE SCHOOL BUILDING AND CONVERT IT INTO THE BRIDGEWATER COMMUNITY CENTER. FUTURE PLANS FOR THE BRIDGEWATER COMMUNITY CENTER INCLUDE A WIDE VARIETY OF PROGRAMMING FROM OUR STRONG LIST OF PARTNERS: ARTISTREE COMMUNITY ARTS CENTER, THOMPSON SENIOR CENTER, SUSTAINABLE WOODSTOCK, OTTAUQUECHEE HEALTH FOUNDATION, NORMAN WILLIAMS PUBLIC LIBRARY, SENIOR SOLUTIONS, CREATIVE LIVES, BARNARTS, PENTANGLE ARTS, JAG, AND WOODSTOCK COMMUNITY FOOD SHELF. THE COMMUNITY CENTER WILL HOUSE A CHILD CARE CENTER. THE BUILDING WILL ALSO BE USED FOR INDEPENDENT BUSINESSES, MOVEMENT CLASSES, YOGA CLASSES, AND OTHER COMMUNITY WELLNESS ACTIVITIES. IT WILL BE AVAILABLE FOR EVENTS, FUNCTIONS, AND AS A COMMUNITY RESOURCE ROOM. THE BRIDGWATER COMMUNITY CENTER WILL ALSO SERVE AS THE EMERGENCY SHELTER AND TOWN COMMUNITY SPACE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6PHASE ONE CONSTRUCTION AND UPDATES FOR THE BRIDGEWATER COMMUNITY CHILDCARE, LOCATED IN THE 1991 ADDITION AT THE REAR OF THE BUILDING IS NEAR COMPLETION. WE HAVE RECEIVED OUR OCCUPANCY CERTIFICATE WITH THE STATE AND CONTINUE WITH THE VERMONT LICENSING PROCESS. BRIDGEWATER COMMUNITY CHILDCARE HAS HIRED A PROGRAM DIRECTOR AND NOW LOOKS TO FILL THREE TEACHING POSITIONS. THE BRIDGEWATER COMMUNITY CHILDCARE WILL OPEN JUNE 1, 2022 WITH FOURTEEN SPOTS FOR CHILDREN AGE SIX WEEKS THROUGH THIRTY-SIX MONTHS. ENROLLMENT IS NOW OPEN WITH LINKS ON OUR WEBSITE. ALONG WITH CREATING THE CHILDCARE SPACE WE HAVE ALSO UPDATED THE CENTER'S ROOFING, INSULATION AND PREPARED FOR PHASE TWO CONSTRUCTION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7PHASE TWO CONSTRUCTION ON THE HISTORICAL 1914 SECTION IS ON TRACK TO BEGIN SPRING 2022. PHASE TWO CONSTRUCTION AND UPDATES WILL INCLUDE BUT NOT BE LIMITED TO ADDING STATE APPROVED ACCESSIBILITY, A NEW SPRINKLER SYSTEM, UPDATING HEAT AND AIR EXCHANGE SYSTEMS, UPGRADED BATHROOMS, ENERGY EFFICIENCY, REVITALIZING ROOMS, AND BRINGING ALL ELECTRICAL AND WIRING UP TO CODE. PART OF PHASE TWO WILL ALSO INCLUDE EXPANDING THE CHILDCARE PROGRAM AND OPENING AN AFTER SCHOOL PROGRAM.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 8
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART I, LINE 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART II, LINE 24
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990-EZ, PART II, LINE 26
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990-EZ, PART III
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990-EZ, PART III, LINE 28
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990-EZ, PART III, LINE 29
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7FORM 990-EZ, PART III, LINE 30
ReturnHeader/BuildTS02024-10-15 13:58:12Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0BRIAN BONTRAGER
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum08026982527
ReturnHeader/BusinessOfficerGrp/SignatureDt02024-11-08
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0BRIDGEWATER AREA COMMUNITY
ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt0FOUNDATION INC
ReturnHeader/Filer/BusinessNameControlTxt0BRID
ReturnHeader/Filer/EIN0831706093
ReturnHeader/Filer/PhoneNum08026982527
ReturnHeader/Filer/USAddress/AddressLine1Txt076 SOUTHGATE LP
ReturnHeader/Filer/USAddress/CityNm0BRIDGEWATER
ReturnHeader/Filer/USAddress/StateAbbreviationCd0VT
ReturnHeader/Filer/USAddress/ZIPCd005034
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0043340470
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0SCHIFFMAN DATTILIO & COMPANY PC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt023 BANK ST
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0LEBANON
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0NH
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd003766
ReturnHeader/PreparerPersonGrp/PhoneNum06034486655
ReturnHeader/PreparerPersonGrp/PreparationDt02024-11-14
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0HEIDI J ST PETER CPA
ReturnHeader/ReturnTs02024-11-15T10:03:28-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02021-01-01
ReturnHeader/TaxPeriodEndDt02021-12-31
ReturnHeader/TaxYr02021

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