The Space on Main

EIN: 815147221 501(c)(3) Community Improvement

Bradford, VT

Total Revenue
$204,732
Total Expenses
$131,628
Total Assets
N/A
Net Assets
N/A
🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
2017
Legal Domicile
VT
Principal Officer
Brynn Cole
Phone
8024496246
Tax Period
2024-07-01 to 2025-06-30

The Space on Main, founded in 2017, is a small nonprofit in the Community Improvement sector that reported $205K in total revenue in fiscal year 2024. Revenue decreased 10% compared to the prior year. The organization ran a surplus of $73K, a strong 36% operating margin.

Mission

It is the mission of The Space on Main Street to foster entrepreneurship, innovation, the arts, education, health, and recreation in order to increase opportunity for personal and collective growth in the Cohase region of Vermont and New Hampshire by providing a creative facility with access to affordable equipment, work spaces, and classes. It is our goal to ensure prosperity of our community by leveraging talent in the region by creating pathways to outside individuals, services, and technologies.

🔒

Trantor Score

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

Sign in to view Trantor Score and financial metrics

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

Sign In — Free (10 views/day)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $170,887
Program Service Revenue $0
Investment Income $33,845
Other Revenue $0
TOTAL REVENUE $204,732

Expense Breakdown

Grants Paid $0
Salaries & Benefits $29,506
Fundraising Expenses $0
Program Expenses $89,146
Other Expenses $97,006
TOTAL EXPENSES $131,628

Year-over-Year Comparison

2024 2023 Change
Revenue $204,732 $227,823 -0.1%
Expenses $131,628 $243,319 -0.5%
Net Income $73,104 $-15,496 -5.7%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Sign In

Governance

Voting Members
11
Independent Members
N/A
Employees
N/A
Volunteers
N/A

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
1
$19,000
Total Directors
11
$19,000
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Monique Priestley Executive Dir. 1.00
Officer Director
$19,000 $0 $19,000
Alison Fiorito Director 1.00
Director
$0 $0 $0
Brynn Cole President & CEO 1.00
Director
$0 $0 $0
Colleen Steele Director 1.00
Director
$0 $0 $0
Jonathan Masland Director 1.00
Director
$0 $0 $0
Kenneth Rufo Director 1.00
Director
$0 $0 $0
Marvin Harrison Director 1.00
Director
$0 $0 $0
Samuel Drazin President 1.00
Director
$0 $0 $0
Samantha Sheehan Vice President 1.00
Director
$0 $0 $0
Alexandra Lange Secretary 1.00
Director
$0 $0 $0
Adam Pippin Director 1.00
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
2025 $204,732 $131,628 No data $73,104
2024 $227,823 $243,319 $144,378 $-15,496
2023 $251,549 $264,993 $165,874 $-13,444
Explore More Nonprofits
Top 100 Nonprofits in Vermont Largest U.S. Nonprofits Best Rated Nonprofits Most Efficient Nonprofits

Compare The Space on Main with other nonprofits in Vermont and across the country.