Thoreau Society Inc
- Assets
- $696.7k
- Revenue
- $497.9k
- Investments
- $36.9k
- Employees
- 9
- Location
- Concord, MA
- Founding
- 10/1980
- Data as of
- 03/2024
- EIN
- 16-6035496
Organization Overview
Thoreau Society Inc is located in Concord, MA. The organization was established in 1980. As of 03/2024, Thoreau Society Inc employed 9 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Thoreau Society 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 03/2024, Thoreau Society Inc generated $497.9k in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 8.9% each year. All expenses for the organization totaled $376.4k during the year ending 03/2024. While expenses have increased by 4.0% per year over the past 9 years. They've been increasing with an increasing level of total revenue. 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
2024
Describe the Organization's Mission:
Part 3 - Line 1
TO HONOR HENRY THOREAU, HIS PHILOSOPHY AND HIS WORKS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROGRAM SERVICES
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Rochelle Johnson President | Officer | 2 | $0 |
John Kucich Vice Preside | Officer | 2 | $0 |
Michael Schleifer Treasurer | Officer | 2 | $0 |
Geoff Wisner Clerk | Officer | 2 | $0 |
Michael Frederick Executive Di | Officer | 40 | $84,500 |
Henrick Otterberg Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $59,380 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $44,745 |
| All other contributions, gifts, grants, and similar amounts not included above | $166,889 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $271,014 |
| Total Program Service Revenue | $45,096 |
| Investment income | $4,393 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $8,733 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $5,362 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $163,314 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $497,912 |
| 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. | $84,500 |
| Compensation of current officers, directors, key employees. | $25,350 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $80,439 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $22,872 |
| Payroll taxes | $16,588 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $21,410 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $17,499 |
| Advertising and promotion | $2,037 |
| Office expenses | $36,130 |
| Information technology | $13,120 |
| Royalties | $0 |
| Occupancy | $34,259 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $1,834 |
| Insurance | $7,141 |
| All other expenses | $5,365 |
| Total functional expenses | $376,380 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $181,659 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $88,587 |
| Accounts receivable, net | $15,896 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $85,349 |
| Prepaid expenses and deferred charges | $5,499 |
| Net Land, buildings, and equipment | $3,580 |
| Investments—publicly traded securities | $210,919 |
| Investments—other securities | $36,872 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $68,363 |
| Total assets | $696,724 |
| Accounts payable and accrued expenses | $20,957 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| 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 | $71,631 |
| Total liabilities | $92,588 |
| Net assets without donor restrictions | $283,073 |
| Net assets with donor restrictions | $321,063 |
| 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 | $696,724 |