Norwich Community Collaborative INC

EIN 92-1407836 Public charity (501(c)(3)) Norwich, VT NTEE A82
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Revenue & expenses by yearFY2024–FY2025
Revenue
$640K
FY2025▲ +46%
Expenses
$15K
FY2025▼ -35%

Form 990 for the fiscal year ending December 2025 (IRS tax year 2025).


Restores and cares for the historic Grange Hall as a community gathering place. For fiscal year 2025 it reported $640K in revenue, $15K in expenses, and $1.4M in net assets.Pt I

Type
Public charity (501(c)(3)) · Arts & Culture
Location
Norwich, VT
Website
www.norwichgrangehall.org
Filings
2 on file (2024–2025)
Revenue
$640KFY2025
Expenses
$15K
Net assets
$1.4M
People
14
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Provided by the organization

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Size
$100K–1M
What they do
Restores and cares for the historic Grange Hall as a community gathering place.
Leadership
Jess Phelps · President
Money in and out
$640K revenue, $15K expenses
Bottom line
31% program efficiency

What Funders Ask

From IRS filings

Tax-deductible?

good Yes

Per the IRS master file. Details →

Can I give now?

good No revocation on IRS record

Not on the IRS revocation list. Details →

Filing up to date?

good Yes — filed FY2025

Details →

Foundation funders?

good 7 funders, incl. Fidelity Investments Charitable Gift Fund

$245K in the latest grant year. Details →

Spent on programs?

critical 31% to programs

Form 990 Part IX, latest filing. Details →

Size and trend

$100K–1M

↑ +46% vs prior year Details →

Where the money goes · FY2025
Total revenue
$640K
Pt VIII · Ln 12
Total expenses
$15K
Pt IX · Ln 25
Net assets
$1.4M
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $625K
Where spending went · Part IX cols B–D
Program services $0.31 Management & general $0.28 Fundraising $0.41
Program efficiency
31%
of spending reaches programs▼ -63% vs prior filing year
Operating runway
608.9mo
months of highly liquid reserves at operating expense rate▲ +248% vs prior filing year
Surplus margin
+98%
revenue over expenses, this year▲ +3% vs prior filing year

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Summary of the Filing

Part I · fiscal year 2025 · Form 990
Total assets
$1.4M
FY2025▲ +76%
Total liabilities
$0
FY2025
Revenue less expensesPt I · Ln 19$625K
Total assetsPt X · Ln 16$1.4M
Program-expense ratioPt IX · col B31%
Voting members of governing bodyPt I · Ln 314
Independent voting membersPt I · Ln 414

Identity & Classification

Form 990 Header · IRS Business Master File
Legal name (IRS)Hdr · item CNorwich Community Collaborative INC
EINHdr · item D92-1407836
Principal addressHdr · item CNorwich, VT
WebsiteHdr · item Jwww.norwichgrangehall.org
Year of formationHdr · item Lpending
State of legal domicileHdr · item MVT
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFArts & Culture (A82)
Ruling yearIRS BMFMar 2023

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a14
Independent voting membersPt VI · Ln 1b14
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
President
$0Pt VII · Sec A
Vice President
$0Pt VII · Sec A
Treasurer
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
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Mission & Programs · Part III

Where the work happens

1 program service account for $5K of program spending, described in the organization's own filed words · FY2025.
01

NCC is restoring and revitalizing Norwich's historic Grange Hall as a community center open to all. Activities in the revitalized Grange Hall will be designed to bring together groups who have not previously overlapped.

$5Kprogram expense

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Statement of Revenue

Part VIII
Contributions & grants$622K · 97%
Investment income$13K · 2%
Program service revenue$6K · 1%
Contributions & grants97%$622K
Investment income2%$13K
Program service revenue1%$6K
Total revenueLn 12$640K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.31 Management & general $0.28 Fundraising $0.41
Program services31%$5K
Management & general28%$4K
Fundraising41%$6K
Total functional expensesLn 25$15K

Balance Sheet

Part X · end of year
CashLn 1$757K
Total assetsLn 16$1.4M
Total liabilitiesLn 26$0
Total net assetsLn 32$1.4M
Months of cash on handcomputed608.9

Financial Metrics

Form 990 · FY2025 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $757K · Operating expenses/yr $15K
608.9 months
Where the money goes
Program services
Program services $5K · Total expenses $15K
31%
Management & General
Management & general $4K · Total expenses $15K
28%
Fundraising
Fundraising $6K · Total expenses $15K
41%
Cost to raise $1
Fundraising expense (2-yr avg) $5K · Solicited contributions (2-yr avg) $522K
$0.01 to raise $1 (2-yr avg)
Where the money comes from
Contribution dependence
Contributions & grants $622K · Total revenue $640K
97%
Government reliance
Government grants $0 · Total revenue $640K
0%
Earned-income share
Program service revenue $6K · Total revenue $640K
0.9%
Investment reliance
Investment income $13K · Total revenue $640K
+2%
Program self-sufficiency
Program service revenue $6K · Total expenses $15K
39%
Growth & trend
Revenue growth (YoY)
This year $640K · Prior year $437K
+46%
Net-asset trend (YoY)
End of year $1.4M · Beginning of year $819K
+76%
Balance sheet
Surplus Margin
Revenue $640K · Expenses $15K
+98%
Liabilities-to-Assets
Total liabilities $0 · Total assets $1.4M
0%
Net-asset ratio
Net assets $1.4M · Total assets $1.4M
100%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $1.4M
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Jess Phelps · Reported title President · Highest reported compensation $0 · Total expenses $15K
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) — · Total expenses $15K
—
Peer comparison

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

MetricThis orgPeer medianPercentile
Program ratio 31%——
Overhead ratio 28%——
Fundraising cost ratio 1.0%——
Revenue growth 46%——
Accounting fee ratio 7%——

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 7 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
FY2025 (Latest)$640K revenue · viewing · ⤓ 990 PDF
FY2024$437K revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2025IRS
Classification, formation year, addressIRS Business Master File
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