Mascoma Valley Preservation EIN 83-3731689 Form 990 (PDF) Claim this org

Mascoma Valley Preservation FY2021 filing

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Preserves historic places to boost rural community vitality. For fiscal year 2021 it reported $314K in revenue, $30K in expenses, and $556K in net assets.Pt I

Founded
2019
Type
Public charity (501(c)(3)) · Community Development
Location
Grafton, NH
Website
mascomavalleypreservation.org
Filings
3 on file (2021–2021)
Revenue
$314KFY2021
Expenses
$30K
Net assets
$556K
People
8
Filings
3
Updates
0
More identity details & actions ⌄
EIN  83-3731689 Public charity (501(c)(3)) Grafton, NH Founded 2019
Form 990 (PDF)
You’re viewing the FY2021 filing — not the latest on file. See the latest (FY2024) →
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Size
$100K–1M
What they do
Preserves historic places to boost rural community vitality.
Leadership
Andrew Cushing · President
Money in and out
$314K revenue, $30K expenses
Bottom line
71% program efficiency
Where the money goes · FY2021
Total revenue
$314K
Pt VIII · Ln 12
Total expenses
$30K
Pt IX · Ln 25
Net assets
$556K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $284K
Where spending went · Part IX cols B–D
Program services $0.71 Management & general $0.02 Fundraising $0.27
Program efficiency
71%
of spending reaches programs
Surplus margin
+90%
revenue over expenses, this year
Donor-funded
93%
of revenue is gifts & grants

Summary of the Filing

Part I · fiscal year 2021 · Form 990
Revenue
$314K
FY2021
Expenses
$30K
FY2021
Total assets
$556K
FY2021
Total liabilities
$0
FY2021
Total revenue
$314K
Pt VIII · Ln 12
Total expenses
$30K
Pt IX · Ln 25
Net assets
$556K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$284K
Total assetsPt X · Ln 16$556K
Program-expense ratioPt IX · col B71%
Voting members of governing bodyPt I · Ln 37
Independent voting membersPt I · Ln 47
Mission & Programs · Part III

Where the work happens

1 program service account for $22K of program spending, described in the organization's own filed words · FY2020.
01

In 2020 and 2021, Mascoma Valley Preservation raised over $12,000 through NH Gives and our Quilt Square fundraiser to continue the restoration of the fire-damaged Grafton Center Meetinghouse, restoring the foundation and timberframe so that the building is safe and secure for future use.

$22Kprogram expense

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CMascoma Valley Preservation
EINHdr · item D83-3731689
Principal addressHdr · item CGrafton, NH
WebsiteHdr · item Jmascomavalleypreservation.org
Year of formationHdr · item L2019
State of legal domicileHdr · item MNH
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFCommunity Development (S21)
Ruling yearIRS BMFAug 2019

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a7
Independent voting membersPt VI · Ln 1b7
Conflict-of-interest policyPt VI · Ln 12aYes
Whistleblower policyPt VI · Ln 13No
Document retention policyPt VI · Ln 14No
CEO/top-official compensation independently reviewedPt VI · Ln 15aNo
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation · most recent filed roster (FY2020); the FY2021 filing did not itemize Part VII
$0Pt VII · Sec A
Vice President
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Treasurer
$0Pt VII · Sec A
Secretary
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
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Statement of Revenue

Part VIII
Contributions & grants$293K · 93%
Other revenue$21K · 7%
Contributions & grants93%$293K
Other revenue7%$21K
— government grantsLn 1e$75K
Total revenueLn 12$314K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.71 Management & general $0.02 Fundraising $0.27
Program services71%$22K
Management & general2%$631
Fundraising27%$8K
Total functional expensesLn 25$30K

Balance Sheet

Part X · end of year
CashLn 1$221K
Total assetsLn 16$556K
Total liabilitiesLn 26$0
Total net assetsLn 32$556K
Months of cash on handcomputed87.3

Financial Metrics

Form 990 · FY2021 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $221K · Operating expenses (Pt IX) $30K · Less non-cash grants $81K · Cash operating expenses/yr $-51K
Highly liquid reserves (cash & marketable securities on Pt X) ÷ monthly operating expenses (Pt IX total, less non-cash grants & depreciation when reported).
Where the money goes
Program services
Program services $22K · Total expenses $30K
71%
Management & General
Management & general $631 · Total expenses $30K
2%
Fundraising
Fundraising $8K · Total expenses $30K
27%
Cost to raise $1
Fundraising expense $8K · Solicited contributions $218K
$0.04 to raise $1
Where the money comes from
Contribution dependence
Contributions & grants $293K · Total revenue $314K
93%
Government reliance
Government grants $75K · Total revenue $314K
24%
Earned-income share
Program service revenue $0 · Total revenue $314K
0%
Investment reliance
Investment income $0 · Total revenue $314K
0%
Program self-sufficiency
Program service revenue $0 · Total expenses $30K
0%
Growth & trend
Revenue growth (YoY)
This year $314K · Prior year —
No prior year on file
Net-asset trend (YoY)
End of year $556K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $314K · Expenses $30K
+90%
Liabilities-to-Assets
Total liabilities — · Total assets $556K
Net-asset ratio
Net assets $556K · Total assets $556K
100%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $556K
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Andrew Cushing · Reported title President · Highest reported compensation $0 · Total expenses $30K
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) — · Total expenses $30K
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 71%
Overhead ratio 2%
Fundraising cost ratio 3%
Legal fee ratio 16%

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

Grants

Schedule I · funders on record
Grants received · FY2024
See all 6 funders →

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Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2024$278K revenue · ⤓ 990 PDF
FY2023$172K revenue · ⤓ 990 PDF
FY2022not on file
FY2021$314K revenue · viewing · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2021IRS
Classification, formation year, addressIRS Business Master File
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