Covered Bridge Therapeutic Communities Inc is located in Saint Johnsbury, VT. The organization was established in 2001. According to its NTEE Classification (I43) the organization is classified as: Inmate Support, under the broad grouping of Crime & Legal-Related and related organizations. As of 06/2021, Covered Bridge Therapeutic Communities Inc employed 3 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Covered Bridge Therapeutic Communities 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 06/2021, Covered Bridge Therapeutic Communities Inc generated $157.7k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (8.0%) each year. All expenses for the organization totaled $151.5k during the year ending 06/2021. As we would expect to see with falling revenues, expenses have declined by (3.1%) per year over the past 6 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO PROVIDE THERAPEUTIC RESIDENTIAL, VOCATIONAL, AND EDUCATIONAL SUPPORT FOR INDIVIDUALS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
COVERED BRIDGE SERVED MEALS TO INDIVIDUALS IN ITS RESIDENTIAL PROGRAM AND PROVIDED THEM WITH SERVICES WITHIN THE COMMUNITY DURING 2010. THE ORGANIZATION ALSO PROVIDED INDIVIDUALS WITH PRE-RELEASE SUPPORT SERVICES IN 2010.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
David Piers Ex. Director | Officer | 40 | $51,885 |
James O'malley President | OfficerTrustee | 1 | $0 |
James Mcfaul Secretary | OfficerTrustee | 1 | $0 |
Martin Paulsen Treasurer | OfficerTrustee | 1 | $0 |
Paul Demers Director | Trustee | 1 | $0 |
Raymond Beaudry Director | Trustee | 15 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $6,045 |
Related organizations | $0 |
Government grants | $38,280 |
All other contributions, gifts, grants, and similar amounts not included above | $92,313 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $136,638 |
Total Program Service Revenue | $200 |
Investment income | $49 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $0 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $157,683 |
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. | $55,289 |
Compensation of current officers, directors, key employees. | $0 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $34,220 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $0 |
Payroll taxes | $8,356 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $900 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $0 |
Advertising and promotion | $0 |
Office expenses | $1,202 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $0 |
Travel | $0 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $0 |
Interest | $1,350 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $8,102 |
Insurance | $5,749 |
All other expenses | $29,499 |
Total functional expenses | $151,491 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $5,229 |
Savings and temporary cash investments | $46,383 |
Pledges and grants receivable | $1,782 |
Accounts receivable, net | $0 |
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 | $0 |
Net Land, buildings, and equipment | $207,416 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $15 |
Total assets | $260,825 |
Accounts payable and accrued expenses | $3,233 |
Grants payable | $0 |
Deferred revenue | $17,400 |
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 | $22,374 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $0 |
Total liabilities | $43,007 |
Net assets without donor restrictions | $131,816 |
Net assets with donor restrictions | $86,002 |
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 | $260,825 |
Over the last fiscal year, we have identified 1 grants that Covered Bridge Therapeutic Communities Inc has recieved totaling $7,133.
Awarding Organization | Amount |
---|---|
Network For Good Inc Washington, DC PURPOSE: UNRESTRICTED | $7,133 |
Organization Name | Assets | Revenue |
---|---|---|
Osborne Association Inc Bronx, NY | $19,819,915 | $32,370,450 |
Prisoners Legal Services Of New York Inc Albany, NY | $3,670,067 | $6,445,702 |
Getting Out And Staying Out Inc New York, NY | $3,608,424 | $5,906,426 |
Children Of Promise Nyc Brooklyn, NY | $3,600,375 | $5,718,396 |
Youth Represent Inc New York, NY | $2,575,442 | $2,935,179 |
Hope Of Buffalo Inc Buffalo, NY | $2,369,335 | $1,396,279 |
Alliance Of Families For Justice New York, NY | $1,011,042 | $1,591,170 |
Pre-Trial Services Corp Rochester, NY | $899,964 | $1,330,282 |
Thrive For Life Prison Project Inc New York, NY | $620,606 | $913,630 |
Opportunities Alternatives And Resources Of Tompkins County Ithaca, NY | $646,530 | $739,976 |
Truth In Justice Now Inc Jericho, NY | $2,730 | $498,715 |
Family Re Entry Inc Boston, MA | $0 | $443,415 |