Crotched Mountain Foundation FY2020 filing

Tax-deductible

Manchester, NH501(c)(3)Human ServicesEIN 02-0222168Revenue $5.5M in FY2020

On file with the IRScmf.org186 Granite Street Suite 3c, 03101-2643 · Manchester, NHTax-exempt since Nov 1953Publicly supported charity — 170(b)(1)(A)(vi)

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Specialized education, rehabilitation, community, and residential support.

501(c)(3) charity; gifts are tax-deductible.
65¢ of each $1 spent went to programs.
$887K paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · Pay: Part VII

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FY2020 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2025
latest Form 990
Looks good: the latest return is for FY2025, 1 tax year back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
2 of 6
filings with a surplus
Average deficit $3.3M a year · 95% of revenue · last 6 filings
Concern: a surplus in 2 of the last 6 filings.
Pt I · Ln 19 · 6 filings
Spent on programs
65%
of spending
Fine: 65% of spending went to programs; 65% to 75%.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$887K
to officers and key staff · 15% of spending
Looks good: pay to officers and key staff is 15% of spending; 15% or less.
Pt VII · Sec A
Cash reserves
3 mo
of spending, in cash
Looks good: 3.1 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
20
named funders · $399K
Looks good: 20 funders name it on their filings; 3 or more.
Funders’ Sch. I, 990-PF
Liabilities
$601K
1% of total assets
Looks good: liabilities are 1% of assets; 50% or less.
Pt X · Ln 26
Independent board members
14
of 15 voting members
Looks good: 14 of 15 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$5.5M
Spent
$6.0M
To programs
65%
Net assets
$47.3M
By yearFY2020–FY2025
Revenue
$5.5M
FY2020
Tap a bar for its year
Revenue by fiscal year
FY2020$5.5M
FY2021$4.6M
FY2022$3.9M
FY2023$1.9M
FY2024$2.1M
FY2025$3.0M
Expenses
$6.0M
FY2020
Tap a bar for its year
Expenses by fiscal year
FY2020$6.0M
FY2021$25.2M
FY2022$2.1M
FY2023$2.3M
FY2024$2.5M
FY2025$2.6M
Net assets
$47.3M
FY2020
Tap a bar for its year
Net assets by fiscal year
FY2020$47.3M
FY2021$32.1M
FY2022$32.7M
FY2023$34.2M
FY2024$36.3M
FY2025$37.0M

From the FY2020 Form 990 (year ending June 2020) · figures checked against the IRS filing · see the original

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Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Nov 1953.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

65 cents of each dollar spent went to programs.

Program services 65% · $3.9M Management & general 21% · $1.3M Fundraising 13% · $803K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

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Who runs it and what they're paid

23 people listed on the 990; $887K paid to officers and key staff.

Part VII, Section A · reportable compensation · most recent filed roster (FY2019); the FY2020 filing did not itemize Part VII
Past President & CEO
$240,000Pt VII · Sec A
Past Chief Financial Officer
$214,583Pt VII · Sec A
VP Finance
$126,792Pt VII · Sec A
VP of IT
$119,301Pt VII · Sec A
Chief Administrative Officer
$100,481Pt VII · Sec A
Past Assistant Secretary
$47,290Pt VII · Sec A
President
$38,462Pt VII · Sec A
Director
$0Pt VII · Sec A

Edward Olney’s $282K as President & CEO is at the 97th percentile of top reported officer pay among 3869 $1–10M human services nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 7 named individuals · Part VII

NameFY2021FY2020
Edward Olney$281,945$38,462
Michael Coughlin—$240,000
Scott Graff$126,875$214,583
Jerry Hunter$177,420$119,301
Jonathan Dash$133,953$100,481
Kelly Ward$119,280$126,792
Deborah Decicco—$47,290

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

See Crotched Mountain Foundation executive salaries →

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Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2Yes
  • Top official's pay set by an independent reviewPt VI · Ln 15aYes

Programs and updates

Provides education, rehabilitation, and community living support for individuals with special needs.

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Provided by the organization

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1 program · $3.9M · in their own filed words · FY2019
01

The Crotched Mountain Foundation is the parent organization of the affiliated corporations of Crotched Mountain. Crotched Mountain is dedicated to serving individuals with disabilities and their families, embracing personal choice and development, and building communities of mutual support.

$3.9Mprogram expense

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · received and paid
Grants received · FY2024
See all 20 funders →
Grants paid · 50 grants · $22.3M · 2019–2024
Warren School DistrictNH · FY2024$100,000
Newport School DistrictFY2024$100,000
Manchester School DistrictFY2024$100,000
Lisbon School District - Sau 35FY2024$97,000
Nashua School DistrictFY2024$90,000
Littleton School DistrictFY2024$84,300
Berlin School District - Sau 3FY2024$83,000
Northumberland School District - Sau 58FY2024$69,484
Unh Foundation INCFY2024$51,500
White Mountain Regional School District Sau 36FY2024$50,000
Lilypad Clinical ChangeFY2024$22,604
Milan School District - Sau 20FY2024$21,272
Keene Perspectives PllcFY2024$18,000
Gersh AutismFY2024$13,250
Nottingham School DistrictFY2024$10,000
Conway School District - Sau 9FY2024$10,000
See all 50 grants →

By the numbers

The FY2020 990, line by line.

1The main four
Money inPt VIII
$5.5M
Ln 12
Fees for servicesLn 2g$3.4M
Gifts and grantsLn 1h$2.0M
Investment incomeLn 3$106K
Money outPt IX
$6.0M
Ln 25
Programscol B$3.9M
Managementcol C$1.3M
Fundraisingcol D$803K
Owns and owesPt X
$47.3M
net assets · Ln 32
Cash and savingsLn 1–2$1.5M
Total assetsLn 16$47.9M
LiabilitiesLn 26$601K
PeoplePt VI, VII
23
listed · VII A
PaidVII A7
Voting boardVI 1a15
IndependentVI 1b14
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$2.0M
Fundraising eventsLn 1c$17K
Fees for servicesLn 2g$3.4M
Investment incomeLn 3$106K
Gains on assetsLn 7$78K
Total revenueLn 12$5.5M
Assets in detailPt X, end of year
CashLn 1$60K
SavingsLn 2$1.5M
Cash and savings togetherLn 1–2$1.5M
InvestmentsLn 11–13$15.5M
Land, buildings, equipmentLn 10c$857K
Other assetsLn 15$29.7M
Total assetsLn 16$47.9M
LiabilitiesLn 26$601K
Net assetsLn 32$47.3M
OperationsPt I, VI
EmployeesI 521
VolunteersI 653
Fiscal year endsHeaderJune
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14No
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY20End FY20
Cash and savingsLn 1–2$1.3M$1.5M
InvestmentsLn 11–13$21.7M$15.5M
Land, buildings, equipmentLn 10c$897K$857K
Total assetsLn 16$49.5M$47.9M
LiabilitiesLn 26$768K$601K
Net assetsLn 32$48.8M$47.3M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$746K$746K
Pay of current officers, directors and key staffLn 5$804K$525K$172K$108K
Other salaries and wagesLn 7$1.7M$1.0M$366K$333K
Other employee benefitsLn 9$496K$324K$103K$70K
Payroll taxesLn 10$170K$102K$36K$33K
Legal feesLn 11b$243K$162K$59K$22K
Accounting feesLn 11c$196K$127K$49K$20K
Investment management feesLn 11f$201K$201K
Other fees for servicesLn 11g$284K$161K$56K$66K
Advertising and promotionLn 12$76K$57K$17K$3K
Office expensesLn 13$254K$156K$49K$50K
Information technologyLn 14$11K$8K$2K$682
OccupancyLn 16$308K$198K$67K$43K
TravelLn 17$15K$10K$3K$3K
Conferences, conventions and meetingsLn 19$43K$32K$9K$3K
Depreciation, depletion and amortizationLn 22$260K$169K$65K$26K
InsuranceLn 23$49K$32K$12K$5K
Other expenses (24a–d)Ln 24$74K$46K$10K$18K
Total functional expensesLn 25$6.0M$3.9M$1.3M$803K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest $3.0M$2.6M$366K$37.0M 990 PDF
FY2024 $2.1M$2.5M−$359K$36.3M 990 PDF
FY2023 $1.9M$2.3M−$386K$34.2M 990 PDF
FY2022 $3.9M$2.1M$1.8M$32.7M 990 PDF
FY2021 $4.6M$25.2M−$20.6M$32.1M 990 PDF
FY2020 Viewing $5.5M$6.0M−$500K$47.3M 990 PDF

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Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
See the full FY2020 990 (6 parts)
Part I · Summary $5,473,498 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $1,186,942$1,984,696
I-9 Program service revenuePrior year $4,090,621$3,382,672
I-10 Investment incomePrior year $304,976$106,130
I-11 Other revenuePrior year $5,641$0
I-12 Total revenuePrior year $5,588,180$5,473,498
I-13 Grants and similar amounts paidPrior year $4,275,161$746,432
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $4,017,608$3,211,348
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $2,283,150$2,015,905
I-18 Total expensesPrior year $10,575,919$5,973,685
I-19 Revenue less expensesPrior year −$4,987,739−$500,187
Part VI · Governance 14 of 15 board members independent, 2 to look at
VI-1a Voting members of the governing body15
VI-1b Independent voting members14
VI-2 Family or business relationship among officers or directorsYes
VI-14 Document retention and destruction policyNo
VI-12a Written conflict of interest policyYes
VI-13 Written whistleblower policyYes
VI-15a Process for setting top official's payYes
Part VIII · Statement of revenue $5,473,498 across 8 lines filed
VIII-1c Fundraising events$17,470
VIII-1f All other contributions, gifts and grants$1,967,226
VIII-1h Total contributions, gifts and grants$1,984,696
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $3,382,672$3,382,672
VIII-3 Investment incomeExcluded from tax $27,946$27,946
VIII-7 Net gain or loss on sales of assetsExcluded from tax $78,184$78,184
VIII-8 Net income from fundraising events$0
VIII-12 Total revenueRelated to mission $3,382,672 · Unrelated business $0 · Excluded from tax $106,130$5,473,498
Part IX · Statement of functional expenses $5,973,685 across 18 lines filed
IX-1 Grants to domestic organizationsPrograms $746,432$746,432
IX-5 Pay of current officers, directors and key staffPrograms $524,667 · Management $171,665 · Fundraising $108,090$804,422
IX-7 Other salaries and wagesPrograms $1,042,142 · Management $365,590 · Fundraising $333,072$1,740,804
IX-9 Other employee benefitsPrograms $323,779 · Management $102,576 · Fundraising $69,705$496,060
IX-10 Payroll taxesPrograms $101,755 · Management $35,614 · Fundraising $32,693$170,062
IX-11b Legal feesPrograms $161,737 · Management $58,809 · Fundraising $22,371$242,917
IX-11c Accounting feesPrograms $127,496 · Management $49,037 · Fundraising $19,615$196,148
IX-11f Investment management feesManagement $200,515$200,515
IX-11g Other fees for servicesPrograms $161,214 · Management $56,434 · Fundraising $66,239$283,887
IX-12 Advertising and promotionPrograms $56,510 · Management $16,895 · Fundraising $2,567$75,972
IX-13 Office expensesPrograms $155,796 · Management $48,744 · Fundraising $49,894$254,434
IX-14 Information technologyPrograms $8,263 · Management $2,338 · Fundraising $682$11,283
IX-16 OccupancyPrograms $197,569 · Management $67,460 · Fundraising $43,370$308,399
IX-17 TravelPrograms $9,518 · Management $3,279 · Fundraising $2,652$15,449
IX-19 Conferences, conventions and meetingsPrograms $32,225 · Management $8,685 · Fundraising $2,580$43,490
IX-22 Depreciation, depletion and amortizationPrograms $169,181 · Management $65,070 · Fundraising $26,028$260,279
IX-23 InsurancePrograms $31,861 · Management $12,254 · Fundraising $4,902$49,017
IX-24 Other expenses (24a–d)Programs $46,064 · Management $9,828 · Fundraising $18,223$74,115
IX-25 Total functional expensesPrograms $3,896,209 · Management $1,274,793 · Fundraising $802,683$5,973,685
Part X · Balance sheet $47,883,781 assets, 17 lines filed
X-1 Cash, non-interest-bearingStart of year $19,285$60,483
X-2 Savings and temporary cash investmentsStart of year $1,318,161$1,458,427
X-3 Pledges and grants receivableStart of year $66,816$25,789
X-4 Accounts receivableStart of year $63,941$46,504
X-9 Prepaid expenses and deferred chargesStart of year $150,745$207,141
X-10c Land, buildings and equipment, netStart of year $896,979$856,719
X-11 Publicly traded securitiesStart of year $21,355,744$15,186,006
X-12 Other securitiesStart of year $348,778$347,534
X-15 Other assetsStart of year $25,324,136$29,695,178
X-16 Total assetsStart of year $49,544,585$47,883,781
X-17 Accounts payable and accrued expensesStart of year $695,543$554,386
X-25 Other liabilitiesStart of year $71,987$46,698
X-26 Total liabilitiesStart of year $767,530$601,084
X-27 Net assets without donor restrictionsStart of year $16,883,073$20,019,898
X-28 Net assets with donor restrictionsStart of year $31,893,982$27,262,799
X-32 Total net assets or fund balancesStart of year $48,777,055$47,282,697
X-33 Total liabilities and net assetsStart of year $49,544,585$47,883,781
Part XI · Reconciliation of net assets $47,282,697 net assets at year end
XI-1 Total revenue$5,473,498
XI-2 Total expenses$5,973,685
XI-3 Revenue less expenses−$500,187
XI-4 Net assets at start of year$48,777,055
XI-5 Net unrealized gains (losses) on investments−$699,296
XI-9 Other changes in net assets−$294,875
XI-10 Net assets at end of year$47,282,697

Form 990 e-file (XML) FY2020 from the IRS · Classification, formation year and address from the IRS Business Master File

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