Broad Brook Community Center Inc

Nonprofit profile at a glance

EIN
474342670
IRS 990 coverage
2018–2024
Forms available
Form 990 2024
Location
Guilford, VT, USA
Phone
8022570080
Rating
58
Verdict
MIXED
Rating confidence
Moderate
Sector
Neighborhood Centers

Reported finances

Revenue
$70,123
Expenses
$116,986
Assets
$2,295,318
Liabilities
$5,130

Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

9 people listed

Executive titles in this filing

  • DIANE MURPHY (Vice President)
  • SHERRY PROVIDENCE (President)

People named in this filing

  • JULIE HOLLAND (Treasurer)
  • ALAN OVERMAN (Director)
  • CAROL SCHNABEL (Director)

Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.

Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

The mission of the Broad Brook Community Center, Inc. is to preserve and care for Guilfords historic Grange Hall by revitalizing it as a gathering place for activities that foster community spirit, honor our community heritage, and spark creative ways to enhance the well-being of, and serve, the people of Guilford now and for generations to come.We envision a refreshed and accessible Broad Brook Community Center serving as a home for activities that foster community spirit and honor our rural heritage. The Center will be the catalyst, a spark for creative ways to enhance the lives of the people who live here, now and in the future.

What it reported doing in 2024

In January 2018, the Broad Brook Community Center, Inc. acquired the Broad Brook Grange #151s historic gathering place.The mission of the Broad Brook Community Center, Inc. is to preserve and care for Guilfords historic Grange Hall by revitalizing it as a gathering place for activities that foster community spirit, honor our community heritage, and spark creative ways to enhance the well-being of, and serve, the people of Guilford now and for generations to come.We envision a refreshed and accessible Broad Brook Community Center serving as a home for activities that foster community spirit and honor our rural heritage. The Center will be the catalyst, a spark for creative ways to enhance the lives of the people who live here, now and in the future.While preserving the buildings historic character, renovations will add new features and bring it into compliance with current safety codes and ADA standards, plus add beauty, usability and sustainability.

Operating model

Revenue model
Donor-supported. 61% of the money available for current operations came from contributions and gifts.
Distribution model
Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.

The verdict

MIXED - The filed numbers largely add up and most voting board members are independent. A relatively small share of available resources goes toward mission work and a relatively small share of total spending goes to programs.

Rating breakdown

  • Financial Efficiency: 25
  • Transparency & Controls: 92
  • Accountability: 76
  • Sustainability: 46
  • Growth: 60

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 20.8%; rating input score 21
  • Program expense ratio: 12.4%; rating input score 12
  • Fundraising efficiency: $72.4 raised per $1 spent on fundraising; rating input score 86; 86th percentile among comparable filings

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
  • Pay-setting controls: Limited
  • Foreign activity oversight: Limited
  • Grant itemization coverage: Limited
  • Major donor itemization: Yes; rating input score 100
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 100%; rating input score 100; 64th percentile among comparable filings
  • Governance controls: 3 of 7 controls in place; rating input score 43
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Fail
    • Document-retention policy: Fail
    • CEO compensation review process: NotApplicable
    • Other executive compensation review process: NotApplicable
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Missing
    • Independent financial-statement audit: Fail

Sustainability

  • Operating margin: -66.8%; rating input score 25; 25th percentile among comparable filings
  • Total-asset coverage ratio: 19.62; rating input score 78; 78th percentile among comparable filings
  • Liabilities to assets ratio: 0; rating input score 33; 33rd percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 60; 60th percentile among comparable filings

Growth

  • Program expense growth: 5.3% per year; rating input score 100; 66th percentile among comparable filings
  • Revenue growth: -16.4% per year; rating input score 0; 23rd percentile among comparable filings
  • Asset growth: 19.2% per year; rating input score 100; 90th percentile among comparable filings

Details

  • Where the money goes: 20.8% of revenue deployed · 12.4% of spending went to programs
  • Governance: 9 of 9 board members independent · 3 of 7 filing controls reported
  • Programs: 1 filed program accomplishment · $15K in reported program spending
  • Leadership: top reported pay $0 · 9 people listed
  • Consistency: 21 of 21 current checks pass
  • Schedules: 4 filed schedules · includes major donors
  • Filing history: 7 filing years from 2018 to 2024
  • Contacts: How to reach this organization
  • Money network: Resolved incoming and outgoing counterparties from filed money flows.
  • Related organizations: Filed and resolved organization relationships.
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • High — Financial Efficiency: Mission deployment rate scored 21/100.
  • High — Financial Efficiency: Program expense ratio scored 12/100.
  • Moderate — Accountability: Governance controls: 3 of 6 not reported.
  • High — Growth: Revenue growth scored 0/100.
  • High — Sustainability: Operating margin scored 25/100.
  • Moderate — Sustainability: Liabilities to assets ratio scored 33/100.