BROAD BROOK COMMUNITY CENTER INC

EIN: 474342670 501(c)(3) Human Services

GUILFORD, VT

Total Revenue
$70,123
Total Expenses
$116,986
Total Assets
$2,295,318
Net Assets
$2,290,188
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2015
Principal Officer
SHERRY PROVIDENCE
Phone
8022570080
Tax Period
2024-01-01 to 2024-12-31

BROAD BROOK COMMUNITY CENTER INC, founded in 2015, is a micro nonprofit in the Human Services sector that reported $70K in total revenue in fiscal year 2024. Revenue fell 51% from the prior year — a significant decline worth monitoring. Expenses of $117K exceeded revenue, resulting in a 67% operating deficit.

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.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $42,789
Program Service Revenue $22,270
Investment Income $21
Other Revenue $5,043
TOTAL REVENUE $70,123

Expense Breakdown

Grants Paid $0
Salaries & Benefits $29,178
Fundraising Expenses $591
Program Expenses $14,555
Other Expenses $87,808
TOTAL EXPENSES $116,986

Year-over-Year Comparison

2024 2023 Change
Revenue $70,123 $142,599 -0.5%
Expenses $116,986 $115,139 +0.0%
Net Income $-46,863 $27,460 -2.7%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Financial Health Indicators

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Liquidity & Cash Position

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Governance

Voting Members
9
Independent Members
9
Employees
1
Volunteers
50

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
4
$0
Total Directors
9
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JULIE HOLLAND Treasurer 2.00
Officer Director
$0 $0 $0
ALAN OVERMAN Director 2.00
Director
$0 $0 $0
CAROL SCHNABEL Director 1.00
Director
$0 $0 $0
RORY LINCOLN Director 1.00
Director
$0 $0 $0
DIANE MURPHY Vice President 1.00
Officer Director
$0 $0 $0
FRANK LARKIN Director 1.00
Director
$0 $0 $0
SHERRY PROVIDENCE President 2.00
Officer Director
$0 $0 $0
MARY WALLACE COLLINS Director 1.00
Director
$0 $0 $0
GREGORY STEIN Secretary 1.00
Officer Director
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2024 $70,123 $116,986 $2,295,318 $-46,863
2023 $142,599 $115,139 $2,337,563 $27,460
2022 $588,576 $81,290 $2,655,646 $507,286
2021 $716,486 $33,837 $1,802,058 $682,649
2020 $215,118 $44,939 $1,120,220 $170,179
2019 $296,282 $44,560 $949,230 $251,722
2018 $687,220 $18,604 $697,508 $668,616
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