Hubbard Brook Research Foundation Inc
- Assets
- $2.0m
- Revenue
- $639.6k
- Investments
- $0.0
- Employees
- 10
- Location
- Woodstock, VT
- Founding
- 07/1995
- Data as of
- 09/2022
- EIN
- 02-0474938
Organization Overview
Hubbard Brook Research Foundation Inc is located in Woodstock, VT. The organization was established in 1995. According to its NTEE Classification (C05) the organization is classified as: Research Institutes & Public Policy Analysis, under the broad grouping of Environment and related organizations. As of 09/2022, Hubbard Brook Research Foundation Inc employed 10 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Hubbard Brook Research Foundation Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 09/2022, Hubbard Brook Research Foundation Inc generated $639.6k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (1.0%) each year. All expenses for the organization totaled $505.7k during the year ending 09/2022. As we would expect to see with falling revenues, expenses have declined by (3.1%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO PROMOTE THE UNDERTANDING AND STEWARDSHIP OF ECOSYSTEMS THROUGH SCIENTIFIC RESEARCH , LONG TERM MONITORING AND EDUCATION AND TO DEVELOP NEW INITIATIVES LINKING ECOSYSTEM SCIENCE TO ENVIRONMENTAL POLICY AND PRACTICE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE FOUNDATION SUPPORTS SCIENTISTS AND STUDENTS, PARTICIPATING IN THE HUBBARD BROOK ECOSYSTEM STUDY BY PROVIDING FACILITIES AND OTHER INFRASTRUCTURE, INCLUDING AFFORDABLE HOUSING, LABORATORIES, STORAGE SPACE, A CLASSROOM AND INTERNET ACCESSIBILITY.
PUBLIC ENGAGEMENT PROGRAMS AT HUBBARD BROOK INCLUDE AN ENVIRONMENTAL LITERACY PROGRAM WITH SCHOOL OUTREACH AND CURRICULUM DEVELOPMENT FOCUSED ON DATA INQUIRY ACTIVITIES; A COMMUNICATIONS TRAINING AND PUBLIC OUTREACH PROGRAM FOR UNDERGRADUATE AND GRADUATE ENVIRONMENTAL STUDENTS; TOURS OF THE HUBBARD BROOK EXPERIMENTAL FOREST FOR COLLEGE STUDENTS, HIGH SCHOOL GROUPS AND EDUCATORS,INTERNATIONAL GROUPS AND OTHER MEMBERS OF THE PUBLIC.
THE FOUNDATION IS AN INTERFACE ORGANIZATION SPANNING THE BOUNDARIES BETWEEN SCIENCE AND SOCIETY. IN ITS ROLE AS AN INTERFACE OR BOUNDARY-SPANNING ORGANIZATION, THE FOUNDATION CONVENES "HUBBARD BROOK ROUNDTABLES" USING TECHNIQUES OF FACILITATED DIALOGUE TO SUPPORT PRODUCTIVE, MULTI-DIRECTIONAL ENGAGEMENT AMONG SCIENTISTS, PRACTITIONERS, EDUCATORS AND OTHER STAKEHOLDERS; PRODUCES SCIENCE LINKS SYNTHESIS PRODUCTS TO LINK HUBBARD BROOK RESEARCH TO RELEVANT STAKEHOLDER AND POLICY ISSUES AND DECISIONS; DEVELOPS CLASSROOM RESOURCES AND TEACHER TRAINING PROGRAMS TO LINK HUBBARD BROOK RESEARCH TO K12 AND HIGHER EDUCATION.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Charles Driscoll Chair | OfficerTrustee | 2 | $0 |
Dorothy Behlen Heinrichs Vice Chair | OfficerTrustee | 2 | $0 |
Michael Shoob Treasurer | OfficerTrustee | 2 | $0 |
John Smitka Secretary | OfficerTrustee | 2 | $0 |
Mary Deecie Denison Trustee | Trustee | 1 | $0 |
Tyler Edwards Trustee | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $222,686 |
| All other contributions, gifts, grants, and similar amounts not included above | $281,948 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $504,634 |
| Total Program Service Revenue | $65,000 |
| Investment income | $8,468 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $29,885 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $2,000 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $639,599 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $129,771 |
| Compensation of current officers, directors, key employees. | $85,759 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $216,384 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $25,335 |
| Payroll taxes | $27,163 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $10,555 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $48,097 |
| Advertising and promotion | $0 |
| Office expenses | $9,535 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $16,074 |
| Travel | $17,406 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $926 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $1,780 |
| All other expenses | $2,631 |
| Total functional expenses | $505,657 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $99,473 |
| Savings and temporary cash investments | $226,346 |
| Pledges and grants receivable | $46,094 |
| Accounts receivable, net | $35,438 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $2,693 |
| Net Land, buildings, and equipment | $1,396,331 |
| Investments—publicly traded securities | $157,952 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,964,327 |
| Accounts payable and accrued expenses | $46,315 |
| Grants payable | $0 |
| Deferred revenue | $30,341 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $76,656 |
| Net assets without donor restrictions | $1,785,912 |
| Net assets with donor restrictions | $101,759 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $1,964,327 |