Mascoma Valley Preservation
Nonprofit profile at a glance
- EIN
- 833731689
- IRS 990 coverage
- 2020–2024
- Forms available
- Form 990 2024
- Location
- Grafton, NH, USA
- Phone
- 6036786713
- Rating
- 71
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Community Coalitions
Reported finances
- Revenue
- $581,302
- Expenses
- $142,948
- Assets
- $1,751,099
- Liabilities
- $86,763
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
8 people listed
Executive titles in this filing
- Andrew Cushing (President)
- Judith Kushner (Vice President)
People named in this filing
- Andrew Cushing (President)
- Judith Kushner (Vice President)
- Lydia Foxall (Treasurer)
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
Mascoma Valley Preservation saves historic places to promote the vitality of our rural communities.
What it reported doing in 2024
In this fiscal year, Mascoma Valley Preservation (MVP) welcomed new members to the all volunteer board and board of advisors, adding valued expertise to our group. MVP's Grafton Center Meetinghouse also saw significant improvements. After acquisition in 2019, the building has undergone substantial work to repair the damages left by a catastrophic fire and subsequent water damage in 2016. This year, the exterior envelope of the building was completed, closing out phase two of our project. We celebrated the completion of this chapter and the start of new phases with an open house. Donors, board members, contractors, and more signed the reverse side of a panel that will be installed in the walls of the meetinghouse, honoring the work of so many people that helped save this historic site, and to perhaps be discovered in another 200 years. The 175-acre Kimball property also saw improvements during this fiscal year. MVP started site work, selective demolition, and foundation replacement for the small house on site, which will become a unit of affordable housing. Elsewhere, property and building cleanup continued with the removal of tons of scrap metal, trash, and tires. The other two buildings on site - a former shingle mill and a c.1820 barn - were readied for rehabilitation in FY 26 and 27. Those buildings will serve as incubation and workshop space for rural businesses. MVP continued property maintenance at the 1905 Cheever Chapel, an historic property acquired by MVP in 2021. Several dangerous trees encroaching on the building were safely removed and truckloads of brush were hauled away and/or chipped on site.
Operating model
- Revenue model
- Grant-funded. 75% of the money available for current operations came from government grants.
- 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
SUPPORTED - 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 some filing-based governance responses are negative or unanswered.
Rating breakdown
- Financial Efficiency: 44
- Transparency & Controls: 92
- Accountability: 82
- Sustainability: 89
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 23%; rating input score 23
- Program expense ratio: 93.6%; rating input score 94
- Fundraising efficiency: Limited
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; 63rd percentile among comparable filings
- Governance controls: 4 of 7 controls in place; rating input score 57
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- 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: 75.4%; rating input score 97; 97th percentile among comparable filings
- Total-asset coverage ratio: 12.25; rating input score 93; 93rd percentile among comparable filings
- Liabilities to assets ratio: 0.05; rating input score 52; 52nd percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 81; 81st percentile among comparable filings
Growth
- Program expense growth: 43.3% per year; rating input score 100; 94th percentile among comparable filings
- Revenue growth: 16.2% per year; rating input score 100; 80th percentile among comparable filings
- Asset growth: 25.4% per year; rating input score 100; 87th percentile among comparable filings
Details
- Where the money goes: 23% of revenue deployed · 93.6% of spending went to programs
- Governance: 8 of 8 board members independent · 4 of 7 filing controls reported
- Programs: 1 filed program accomplishment · $134K in reported program spending
- Leadership: top reported pay $0 · 8 people listed
- Consistency: 21 of 21 current checks pass
- Schedules: 4 filed schedules · includes major donors
- Filing history: 4 filing years from 2020 to 2024
- Contacts: How to reach this organization
- Money network: Resolved incoming and outgoing counterparties from filed money flows.
- 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 23/100.
- Review — Accountability: Governance controls: 2 of 6 not reported.
- Review — Sustainability: Liabilities to assets ratio scored 52/100.