Stone Trust INC FY2024 filing

Tax-deductible

Dummerston, VT501(c)(3)EducationEIN 35-2382005

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

501(c)(3) charity; gifts are tax-deductible.
81¢ of each $1 spent went to programs.
$81K paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · Pay: Part VII

Before you give

FY2024 · 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 5
filings with a surplus
Average deficit $8K a year · 2% of revenue · last 5 filings
Concern: a surplus in 2 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
81%
of spending
Looks good: 81% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$81K
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
<1 mo
of spending, in cash
Worth a look: 0.6 months of spending in cash; under 1.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
1
named funder · $20K
Fine: 1 funder names it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$233K
233% of total assets
Concern: liabilities are 233% of assets; over 80%.
Pt X · Ln 26
Independent board members
9
of 9 voting members
Looks good: 9 of 9 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$510K
+80% vs prior year
Spent
$543K
To programs
81%
Net assets
−$133K
By yearFY2020–FY2025
Revenue
$510K
FY2024▲ +80%
Revenue by fiscal year
FY2020$168K
FY2021$278K
FY2022$284K
FY2024$510K
FY2025$448K
Expenses
$543K
FY2024▲ +129%
Expenses by fiscal year
FY2020$196K
FY2021$347K
FY2022$237K
FY2024$543K
FY2025$404K
Net assets
−$133K
FY2024▼ -3592%
Net assets by fiscal year
FY2020$20K
FY2021−$49K
FY2022−$4K
FY2024−$133K
FY2025−$92K

From the FY2024 Form 990 (year ending June 2024) · see the original

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You’re viewing the FY2024 filing — not the latest on file. See the latest (FY2025) →

Is it real?

Yes. Exemption reinstated (2013-05-15). Per the IRS revocation list. Latest filing on record: FY2025. IRS ruling in Sep 2013.

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

Where the money goes

81 cents of each dollar spent went to programs.

Program services 81% · $438K Management & general 18% · $98K Fundraising 1% · $7K

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

Who runs it and what they're paid

10 people listed on the 990; $81K paid to officers and key staff.

Part VII, Section A · reportable compensation · most recent filed roster (FY2023); the FY2024 filing did not itemize Part VII
Executive Director
$80,572Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A

Amy-Louise Pfeffer’s $32K as Exec Director is at the 24th percentile of top reported officer pay among 1613 $100K–1M education 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 · 1 named individual · Part VII

NameFY2025FY2024FY2022FY2021FY2020
Amy-Louise Pfeffer$32,251$80,572$71,500$69,827$57,000

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.

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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 15aNo

Programs and updates

Preserves and advances the art and craft of dry stone walling.

Provided by the organization

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1 program service account for $438K of program spending, described in the organization's own filed words · FY2023.
01

Workshops, training and testing

$438Kprogram expense

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Funders

Who pays for it.

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

Grants

Schedule I · funders on record
Grants received · FY2022
Total grants receivedfrom 1 funder$20K

By the numbers

The FY2024 990, line by line.

1The main four
Money inPt VIII
$510K
Ln 12
Fees for servicesLn 2g$341K
Gifts and grantsLn 1h$172K
Investment incomeLn 3$1K
Money outPt IX
$543K
Ln 25
Programscol B$438K
Managementcol C$98K
Fundraisingcol D$7K
Owns and owesPt X
−$133K
net assets · Ln 32
Cash and savingsLn 1–2$28K
Total assetsLn 16$100K
LiabilitiesLn 26$233K
PeoplePt VI, VII
10
listed · VII A
PaidVII A1
Voting boardVI 1a9
IndependentVI 1b9
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$172K
Noncash giftsLn 1g$45K
Fees for servicesLn 2g$341K
Investment incomeLn 3$1K
Gains on assetsLn 7$0
Total revenueLn 12$510K
Assets in detailPt X, end of year
CashLn 1$20K
SavingsLn 2$9K
Cash and savings togetherLn 1–2$28K
InvestmentsLn 11–13$35K
Land, buildings, equipmentLn 10c$15K
Other assetsLn 15$0
Total assetsLn 16$100K
LiabilitiesLn 26$233K
Net assetsLn 32−$133K
OperationsPt I, VI
EmployeesI 54
VolunteersI 68
Fiscal year endsHeaderJune
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13No
Records policyVI 14No
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY24End FY24
Cash and savingsLn 1–2$44K$28K
InvestmentsLn 11–13$34K$35K
Land, buildings, equipmentLn 10c$19K$15K
Total assetsLn 16$114K$100K
LiabilitiesLn 26$214K$233K
Net assetsLn 32−$100K−$133K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$0
Grants to domestic individualsLn 2$0
Grants and assistance to foreign recipientsLn 3$0
Benefits paid to or for membersLn 4$0
Pay of current officers, directors and key staffLn 5$70K$49K$19K$1K
Pay of disqualified personsLn 6$0
Other salaries and wagesLn 7$160K$113K$43K$3K
Pension plan contributionsLn 8$0
Other employee benefitsLn 9$5K$4K$1K$108
Payroll taxesLn 10$20K$14K$5K$391
Management feesLn 11a$0
Legal feesLn 11b$0
Accounting feesLn 11c$6K$4K$2K$117
Lobbying feesLn 11d$0
Professional fundraising feesLn 11e$0
Investment management feesLn 11f$0
Other fees for servicesLn 11g$8K$6K$2K$168
Advertising and promotionLn 12$0
Office expensesLn 13$4K$3K$965$72
Information technologyLn 14$17K$12K$5K$350
RoyaltiesLn 15$0
OccupancyLn 16$16K$11K$4K$319
TravelLn 17$59$42$16$1
Travel and entertainment for public officialsLn 18$0
Conferences, conventions and meetingsLn 19$0
InterestLn 20$8K$6K$2K$159
Payments to affiliatesLn 21$0
Depreciation, depletion and amortizationLn 22$4K$3K$1K$81
InsuranceLn 23$94$67$25$2
Other expenses (24a–d)Ln 24$222K$210K$11K$819
All other expensesLn 24e$4K$3K$992$74
Total functional expensesLn 25$543K$438K$98K$7K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest $448K$404K$44K−$92K 990 PDF
FY2024 Viewing $510K$543K−$33K−$133K 990 PDF
FY2023 Not on file
FY2022 $284K$237K$46K−$4K 990 PDF
FY2021 $278K$347K−$69K−$49K 990 PDF
FY2020 $168K$196K−$28K$20K 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 FY2024 990 (4 parts)
Part VIII · Statement of revenue $510,256 across 11 lines filed
Lines not itemized here account for −$4,097 of total revenue; see the IRS return.
VIII-1b Membership dues$60,008
VIII-1f All other contributions, gifts and grants$112,299
VIII-1g Noncash contributions (included above)$44,544
VIII-1h Total contributions, gifts and grants$172,307
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $340,959$340,959
VIII-3 Investment incomeExcluded from tax $1,087$1,087
VIII-5 Royalties$0
VIII-6 Net rental income or loss$0
VIII-7 Net gain or loss on sales of assets$0
VIII-8 Net income from fundraising events$0
VIII-12 Total revenueRelated to mission $340,959 · Unrelated business −$4,097 · Excluded from tax $1,087$510,256
Part IX · Statement of functional expenses $543,013 across 31 lines filed
IX-1 Grants to domestic organizations$0
IX-2 Grants to domestic individuals$0
IX-3 Grants and assistance to foreign recipients$0
IX-4 Benefits paid to or for members$0
IX-5 Pay of current officers, directors and key staffPrograms $49,408 · Management $18,789 · Fundraising $1,392$69,589
IX-6 Pay of disqualified persons$0
IX-7 Other salaries and wagesPrograms $113,347 · Management $43,104 · Fundraising $3,192$159,643
IX-8 Pension plan contributions$0
IX-9 Other employee benefitsPrograms $3,849 · Management $1,464 · Fundraising $108$5,421
IX-10 Payroll taxesPrograms $13,868 · Management $5,274 · Fundraising $391$19,533
IX-11a Management fees$0
IX-11b Legal fees$0
IX-11c Accounting feesPrograms $4,146 · Management $1,577 · Fundraising $117$5,840
IX-11d Lobbying fees$0
IX-11e Professional fundraising fees$0
IX-11f Investment management fees$0
IX-11g Other fees for servicesPrograms $5,968 · Management $2,269 · Fundraising $168$8,405
IX-12 Advertising and promotion$0
IX-13 Office expensesPrograms $2,545 · Management $965 · Fundraising $72$3,582
IX-14 Information technologyPrograms $12,424 · Management $4,725 · Fundraising $350$17,499
IX-15 Royalties$0
IX-16 OccupancyPrograms $11,313 · Management $4,302 · Fundraising $319$15,934
IX-17 TravelPrograms $42 · Management $16 · Fundraising $1$59
IX-18 Travel and entertainment for public officials$0
IX-19 Conferences, conventions and meetings$0
IX-20 InterestPrograms $5,630 · Management $2,141 · Fundraising $159$7,930
IX-21 Payments to affiliates$0
IX-22 Depreciation, depletion and amortizationPrograms $2,872 · Management $1,092 · Fundraising $81$4,045
IX-23 InsurancePrograms $67 · Management $25 · Fundraising $2$94
IX-24 Other expenses (24a–d)Programs $209,898 · Management $11,047 · Fundraising $819$221,764
IX-24e All other expensesPrograms $2,609 · Management $992 · Fundraising $74$3,675
IX-25 Total functional expensesPrograms $437,986 · Management $97,782 · Fundraising $7,245$543,013
Part X · Balance sheet $99,999 assets, 21 lines filed
X-1 Cash, non-interest-bearingStart of year $30,738$19,526
X-2 Savings and temporary cash investmentsStart of year $12,968$8,850
X-3 Pledges and grants receivable$0
X-4 Accounts receivable$0
X-8 Inventories for sale or useStart of year $16,996$21,789
X-9 Prepaid expenses and deferred charges$0
X-10c Land, buildings and equipment, netStart of year $19,286$15,241
X-11 Publicly traded securitiesStart of year $33,550$34,593
X-12 Other securities$0
X-13 Program-related investments$0
X-14 Intangible assets$0
X-15 Other assets$0
X-16 Total assetsStart of year $113,538$99,999
X-17 Accounts payable and accrued expensesStart of year $59,102$76,459
X-19 Deferred revenueStart of year $63,651$64,124
X-24 Unsecured notes and loans payableStart of year $91,000$92,388
X-26 Total liabilitiesStart of year $213,753$232,971
X-27 Net assets without donor restrictionsStart of year −$100,215−$134,172
X-28 Net assets with donor restrictions$1,200
X-32 Total net assets or fund balancesStart of year −$100,215−$132,972
X-33 Total liabilities and net assetsStart of year $113,538$99,999
Part XI · Reconciliation of net assets −$132,972 net assets at year end
XI-1 Total revenue$510,256
XI-2 Total expenses$543,013
XI-3 Revenue less expenses−$32,757
XI-4 Net assets at start of year−$100,215
XI-10 Net assets at end of year−$132,972

Form 990 e-file (XML) FY2024 from the IRS · Classification, formation year and address from the IRS Business Master File

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