The Bridgewater Sustainable Earth Foundation Inc
- Assets
- $228.5k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Bridgewater, VT
- Founding
- 11/2007
- EIN
- 43-2104789
Organization Overview
The Bridgewater Sustainable Earth Foundation Inc is located in Bridgewater, VT. The organization was established in 2007. According to its NTEE Classification (S20) the organization is classified as: Community & Neighborhood Development, under the broad grouping of Community Improvement & Capacity Building and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Bridgewater Sustainable Earth 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 undefined, Bridgewater Sustainable Earth Foundation Inc generated $180.2k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (1.2%) each year. All expenses for the organization totaled $205.2k during the year ending undefined. As we would expect to see with falling revenues, expenses have declined by (0.8%) 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
Describe the Organization's Mission:
Part 3 - Line 1
WE ARE DELIVERING OPERATIONAL EXCELLENCE IN EVERY ASPECT OF OUR DAILY WORK AND MEET OR EXCEED OUR COMMITMENTS TO THE CONSTITUENCY WE SERVE. OUR LONG TERM STRATEGY AND SHORT TERM ACTIONS ARE MOLDED BY OUR CORE VALUES AS STATED IN OUR APPLICATION FORM 1023 USED BY THE IRS TO GRANT OUR NON FOR PROFIT STATUS. THE BRIDGEWATER SUSTAINABLE EARTH FOUNDATION OPERATES A THRIFT STORE THAT CONTRIBUTES TO THE ACCOMPLISHMENT OF OUR TAX-EXEMPT PURPOSE IN A SIGNIFICANT WAY OTHER THAN THROUGH THE PRODUCTION OF INCOME. OUR INCOME IS RELATED TO OUR MISSION AND PURPOSE, ALL OF THE MERCHANDISE WHICH HAS BEEN RECEIVED BY THE ORGANIZATION AS GIFTS OR CONTRIBUTIONS. THE OBJECTIVE OF OUR ORGANIZATION IS TO BUILD CAPACITY AND TO EDUCATE ON THE ISSUE OF RECYCLING IN THE CONTEXT OF AND RELATED TO SUSTAINABILITY TOPICS, AND PROMOTE PRACTICAL ACTIONS WE CAN TAKE TODAY TO MINIMIZE OUR CONTRIBUTION TO THE PROBLEM OF A WASTEFUL SOCIETY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE BRIDGEWATER SUSTAINABLE EARTH FOUNDATION OPERATED A THRIFT STORE THAT CONTRIBUTED TO THE ACCOMPLISHMENT OF OUR TAX-EXEMPT PURPOSE IN A SIGNIFICANT WAY OTHER THAN THROUGH THE PRODUCTION OF INCOME.INDIVIDUALS ALSO OBTAIN VALUABLE VOCATIONAL TRAINING, COMMUNITY INCLUSION, AND FREE WEAVING CLASSES WHERE ALL SORTS OF RECYCLED FIBERS ARE WOVEN INTO RUGS, TEXTILES, AND BAGS.
HISTORIC PRESERVATION OF TAYLOR FARM AND RESTARTING THE FARMING ON THAT PROPERTY USING SUSTAINABLE AGRICULTURE UTILIZING SOIL HEALTH, PLANT DIVERSITY AND HARMONY
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Adriana Curutchet Treasurer And Secretary | OfficerTrustee | 40 | $0 |
Alan G Mitchell President | OfficerTrustee | 0.5 | $0 |
Lorna F Cueves Vice President | OfficerTrustee | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $10,097 |
| Total Program Service Revenue | $52,220 |
| Membership dues | $0 |
| Investment income | $117,517 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $332 |
| Total Revenue | $180,166 |
| Statement of Expenses | |
|---|---|
| Total expenses | $205,179 |
| Balance Sheet | |
|---|---|
| Total assets | $228,522 |
| Total liabilities | $252,504 |
| Net assets or fund balances | -$23,982 |