Bridgewater Area Community Fouindation Inc
Public records raise at least one point you should look into before giving.
What it says it does
TO PROVIDE A VIBRANT CENTER WHERE THE PEOPLE OF BRIDGEWATER AND THE SURROUNDING TOWNS CAN GATHER AS PART OF A CARING, DIVERSE COMMUNITY OF PEOPLE FROM ALL AGES AND WALKS OF LIFE.
- Income
- $348,988
- Spending
- $236,399
- Spent on programs
- 89%
- Reserves
- 6 months of spending
- Largest source of income
- donations and private grants, 77%
- Employees
- 7
- Volunteers
- 8
- Highest pay
- $73,412, executive director
Source: Form 990 for the year ending December 31, 2022, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Financial health
Strong: 93 out of 100. Higher than 79% of charities in its peer group (human services, $250k to $1m).
Reserves
28 of 35Spendable reserves would cover 6.0 months of spending.
Debt
20 of 20It owes 3% of what it owns.
Living within its means
15 of 15Income exceeded spending by 32% of income.
Income trend
15 of 15Income rose 80% on the year before.
Spending floor
15 of 1589% of spending went to programs and raising each dollar of donations cost 0 cents.
Source: Form 990 for the year ending December 31, 2022, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Governance
Fair: 56 out of 100. Higher than 26% of charities in its peer group (human services, $250k to $1m).
Independent board
25 of 257 of 7 voting board members are independent.
Conflict of interest policy
0 of 15Reports no written conflict of interest policy.
Whistleblower policy
0 of 8Reports no written whistleblower policy.
Record keeping policy
0 of 7Reports no written policy on keeping and destroying records.
Board minutes
5 of 5Keeps minutes of board meetings.
Board sees the tax return
10 of 10Gave the board a copy of this return before filing it.
Pay set independently
0 of 5Reports no independent review process for its chief executive's pay.
Independent check of accounts
6 of 15Its accounts were not audited or reviewed by an independent accountant.
No reported misuse
10 of 10Reports no diversion of assets, excess benefits or loans to insiders.
Source: Form 990 for the year ending December 31, 2022, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Impact evidence
Describes programs. Its tax return describes what it does but we have found no measurable results in it.
Programs described in its return (3)
- $210,920 spent. THE BRIDGEWATER AREA COMMUNITY FOUNDATION TO DATE HAS NOW ACHIEVED (AND SURPASSED) OUR 2021 PHASE TWO FUNDRAISING GOAL OF 1.4 MILLION DOLLARS, RAISING $1,505,549 THROUGH DONATIONS, GRANTS AND PLEDGES. SURPASSING OUR ORIGINAL GOAL WAS MADE POSSIBLE THROUGH THE PRESERVATION TRUST OF VERMONT BRUHN GRANT OF $100,000 TO HISTORICALLY UPDATE ALL WINDOWS AND DOORS.
- PHASE ONE CONSTRUCTION AND UPDATES FOR THE BRIDGEWATER COMMUNITY CHILDCARE, LOCATED IN THE 1991 ADDITION AT THE REAR OF THE BUILDING IS NEAR COMPLETION. WE HAVE RECEIVED OUR OCCUPANCY CERTIFICATE WITH THE STATE AND CONTINUE WITH THE VERMONT LICENSING PROCESS. BRIDGEWATER COMMUNITY CHILDCARE HAS HIRED A PROGRAM DIRECTOR, KRISTIANA BIRMINGHAM, AND NOW LOOKS TO FILL THREE TEACHING POSITIONS. THE BRIDGEWATER CHILDCARE WILL OPEN JUNE 1, 2022 WITH FOURTEEN SPOTS FOR CHILDREN AGE SIX (6) WEEKS THROUGH THIRTY-SIX (36) MONTHS. ENROLLMENT IS NOW OPEN WITH LINKS ON OUR WEBSITE. ALONG WITH CREATING THE CHILDCARE SPACE WE HAVE ALSO UPDATED THE CENTER'S ROOFING, INSULATION AND PREPARED FOR PHASE TWO CONSTRUCTION.
- PHASE TWO CONSTRUCTION ON THE HISTORICAL 1914 SECTION IS ON TRACK TO BEGIN SPRING 2022. PHASE TWO CONSTRUCTION AND UPDATES WILL INCLUDE BUT NOT BE LIMITED TO ADDING STATE-APPROVED ACCESSIBILITY, A NEW SPRINKLER SYSTEM, UPDATING HEAT AND AIR-EXCHANGE SYSTEMS, UPGRADED BATHROOMS, ENERGY EFFICIENCY, REVITALIZING ROOMS, AND BRINGING ALL ELECTRICAL AND WIRING UP TO CODE. PART OF PHASE TWO WILL ALSO INCLUDE EXPANDING THE CHILDCARE PROGRAM AND OPENING AN AFTER SCHOOL PROGRAM. KRISTIANA BIRMINGHAM IS ALSO ACTING AS THE BRIDGEWATER COMMUNITY CENTER'S EXECUTIVE DIRECTOR UNTIL THE CHILDCARE IS OPEN AND THE POSITION IS FILLED.
Source: Form 990 for the year ending December 31, 2022, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Legitimacy checks
Is it registered with the IRS? Passed.
Listed in the IRS master file of tax-exempt organizations as a 501(c)(3) charitable organization.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
Has the IRS revoked its tax-exempt status? Passed.
Not on the IRS automatic revocation list.
Source: Automatic revocation of exemption list, Internal Revenue Service, file dated October 13, 2026.
Are donations tax-deductible? Passed.
On the IRS list of organizations eligible to receive tax-deductible contributions.
Source: Publication 78 data: organizations eligible for tax-deductible contributions, Internal Revenue Service, file dated October 13, 2026.
Is it keeping up with its IRS filings? Caution.
Most recent return on file covers the year ending December 2022. Organizations that miss three years of returns lose their exemption.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
How long has it been tax-exempt? Passed.
Recognized by the IRS since November 2018.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
Is it in good standing with state regulators? Passed.
Not on California's list of charities barred from soliciting. Other states are not yet checked.
Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated October 21, 2026.
Ratings and checks are our reading of public records, using the published method. They are not a statement about anyone's honesty. If you work for this organization, you can send corrections or results, confirm you want gifts through Veridonate, or ask to be removed from giving.