Civic Intelligence

New Concept Schools Inc.

EIN 02-0315820 • 501(c)3 • Nashua, NH

Pub. 78 Eligible

Profile

Provide non-denominational non-sectarian pre-school and daycare programs serving the general public.

5 Saint Laurent StreetNashua, NH 03064

nclcnh.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

56th percentile

0.10x

Higher debt load relative to assets than 56% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2025

Liabilities / Revenue

41st percentile

0.04x

Higher debt load relative to revenue than 41% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2025

Net Margin

50th percentile

4.2%

Higher net margin than 50% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2025

Top Officer Pay

40th percentile

$0

Higher top officer pay than 40% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

501(c)3 • $1M-$5M nonprofits • Source year 2025

Asset Growth

69th percentile

12%

Faster asset growth than 69% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2024 to 2025

Revenue Growth

68th percentile

21%

Faster revenue growth than 68% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2024 to 2025

Assets

Up

$608,280

Up $63,501 (+12%) from 2024

Liabilities

Down

$61,624

Down $4,640 (-7.0%) from 2024

Net Assets

Up

$546,656

Up $68,141 (+14%) from 2024

Revenue

Up

$1,619,419

Up $277,736 (+21%) from 2024

Expenses

Up

$1,551,278

Up $171,654 (+12%) from 2024

Net Income

Up

$68,141

Up $106,082 (+280%) from 2024

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$800K$600K$400K$200K$0Assets 2011: $303,738Liabilities 2011: $30,005Net Assets 2011: $273,7332011Assets 2012: $273,119Liabilities 2012: $29,395Net Assets 2012: $243,7242012Assets 2013: $226,084Liabilities 2013: $23,586Net Assets 2013: $202,4982013Assets 2014: $260,929Liabilities 2014: $20,348Net Assets 2014: $240,5812014Assets 2015: $284,744Liabilities 2015: $14,799Net Assets 2015: $269,9452015Assets 2016: $283,766Liabilities 2016: $7,155Net Assets 2016: $276,6112016Assets 2017: $372,964Liabilities 2017: $24,535Net Assets 2017: $348,4292017Assets 2018: $429,739Liabilities 2018: $17,424Net Assets 2018: $412,3152018Assets 2019: $493,713Liabilities 2019: $23,315Net Assets 2019: $470,3982019Assets 2020: $453,960Liabilities 2020: $193,940Net Assets 2020: $260,0202020Assets 2021: $609,711Liabilities 2021: $176,831Net Assets 2021: $432,8802021Assets 2022: $657,701Liabilities 2022: $54,077Net Assets 2022: $603,6242022Assets 2023: $576,299Liabilities 2023: $59,843Net Assets 2023: $516,4562023Assets 2024: $544,779Liabilities 2024: $66,264Net Assets 2024: $478,5152024Assets 2025: $608,280Liabilities 2025: $61,624Net Assets 2025: $546,6562025

Highlighted filing

2025

Assets$608,280
Liabilities$61,624
Net Assets$546,656

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$2.0M$1.5M$1.0M$500K$0-$500KRevenue 2011: $853,730Expenses 2011: $871,347Net Income 2011: -$17,6172011Revenue 2012: $841,563Expenses 2012: $871,572Net Income 2012: -$30,0092012Revenue 2013: $844,247Expenses 2013: $885,473Net Income 2013: -$41,2262013Revenue 2014: $861,190Expenses 2014: $823,107Net Income 2014: $38,0832014Revenue 2015: $844,412Expenses 2015: $815,049Net Income 2015: $29,3632015Revenue 2016: $810,932Expenses 2016: $804,266Net Income 2016: $6,6662016Revenue 2017: $963,115Expenses 2017: $891,297Net Income 2017: $71,8182017Revenue 2018: $1,014,030Expenses 2018: $950,144Net Income 2018: $63,8862018Revenue 2019: $1,042,384Expenses 2019: $984,301Net Income 2019: $58,0832019Revenue 2020: $825,758Expenses 2020: $1,036,136Net Income 2020: -$210,3782020Revenue 2021: $1,190,099Expenses 2021: $1,017,239Net Income 2021: $172,8602021Revenue 2022: $1,310,877Expenses 2022: $1,140,133Net Income 2022: $170,7442022Revenue 2023: $1,154,053Expenses 2023: $1,241,221Net Income 2023: -$87,1682023Revenue 2024: $1,341,683Expenses 2024: $1,379,624Net Income 2024: -$37,9412024Revenue 2025: $1,619,419Expenses 2025: $1,551,278Net Income 2025: $68,1412025

Highlighted filing

2025

Revenue$1,619,419
Expenses$1,551,278
Net Income$68,141

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$0.61$0.06$0.55$1.62$1.55$0.07
2024Detailed filing. Detailed filing data is available for this year.$0.54$0.07$0.48$1.34$1.38$0.04
2023Detailed filing. Detailed filing data is available for this year.$0.58$0.06$0.52$1.15$1.24$0.09
2022Detailed filing. Detailed filing data is available for this year.$0.66$0.05$0.60$1.31$1.14$0.17
2021Detailed filing. Detailed filing data is available for this year.$0.61$0.18$0.43$1.19$1.02$0.17
2020Detailed filing. Detailed filing data is available for this year.$0.45$0.19$0.26$0.83$1.04$0.21
2019Detailed filing. Detailed filing data is available for this year.$0.49$0.02$0.47$1.04$0.98$0.06
2018Detailed filing. Detailed filing data is available for this year.$0.43$0.02$0.41$1.01$0.95$0.06
2017Detailed filing. Detailed filing data is available for this year.$0.37$0.02$0.35$0.96$0.89$0.07
2016Detailed filing. Detailed filing data is available for this year.$0.28$0.01$0.28$0.81$0.80$0.01
2015Summary only. Only limited summary data is available for this year.$0.28$0.01$0.27$0.84$0.82$0.03
2014Detailed filing. Detailed filing data is available for this year.$0.26$0.02$0.24$0.86$0.82$0.04
2013Summary only. Only limited summary data is available for this year.$0.23$0.02$0.20$0.84$0.89$0.04
2012Summary only. Only limited summary data is available for this year.$0.27$0.03$0.24$0.84$0.87$0.03
2011Summary only. Only limited summary data is available for this year.$0.30$0.03$0.27$0.85$0.87$0.02
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Sep 1, 2024 to Aug 31, 2025
Signed
Jan 16, 2026
Return Version
2024v5.0
Gross Receipts
$1,622,678
Mission and Program Overview

Mission

Provide non-denominational non-sectarian pre-school and daycare programs serving the general public.

The organization provides non-denominational non-sectarian pre-school and daycare programs serving the general public.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$246,754$284,409▲ $37,655
Savings and Temporary Cash Investments$174,306$209,087▲ $34,781
Pledges and Grants Receivable$73,732$63,864▼ $9,868
Cash and Non-Interest-Bearing Accounts$31,623$32,032▲ $409
Accounts Receivable$8,342$12,336▲ $3,994
Inventories for Sale or Use$190$190→ $0
Total Assets$544,779$608,280▲ $63,501
Other Assets Total$9,832$6,362▼ $3,470
Liabilities
Accounts Payable and Accrued Expenses$56,432$55,262▼ $1,170
Other Liabilities$9,832$6,362▼ $3,470
Total Liabilities$66,264$61,624▼ $4,640
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$405,297$524,589▲ $119,292
Net Assets With Donor Restrictions$73,218$22,067▼ $51,151
Total Net Assets Fund Balance$478,515$546,656▲ $68,141
Total Liabilities and Net Assets / Fund Balance$544,779$608,280▲ $63,501

Asset Categories

AssetBook ValueDepreciationBasis
Leasehold Improvements$263,434$294,754$558,188
Other Land Buildings$8,734$86,915$95,649
Equipment$12,241$60,609$72,850
Compensation and Service Providers

Board Members and Trustees

NameTitle
Margaret WandreyPresident
Jody Mear1st Vice Pre
Molly Shetler2nd Vice Pre
Angela Derusha3rd Vice Pre
Colleen Walker4th Vice Pre
Mary DiloretoChurch Pasto
Alyssa GentrySecretary
Carol LemayTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$103,096
Program Service Revenue
$1,472,905
Investment Income
$5,852
Other Revenue
$37,566
All Other Contributions
$5,000
Change in Net Assets
$68,141

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,619,419
Total Revenue per Audited Statements
$1,619,419
Total Revenue per Form 990
$1,619,419
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$1,281,804
Other Expenses$269,474
Total Fundraising Expense$2,339
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$1,005,342$123,635$1,677$1,130,654
Occupancy$79,786$8,915$446$89,147
Payroll Taxes$74,760$9,875$127$84,762
Current Officers, Directors, Trustees, and Key Employees$59,749$6,639-$66,388
All Other Expenses$27,282$4,559-$31,841
Depreciation Depletion$15,983$1,786$89$17,858
Insurance$12,237$1,732-$13,969
Other Expenses$11,174--$11,174
Office Expenses$1,004$9,529-$10,533
Fees for Services Accounting-$5,300-$5,300
Interest-$478-$478
Total Functional Expenses$1,376,491$172,448$2,339$1,551,278

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$1,551,278
Total Expenses per Audited Statements$1,551,278
Total Expenses per Form 990$1,551,278
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$6,066
Fundraising Direct Expenses$3,259
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Lease Payable - Short Term$3,470
Lease Payable - Long Term$2,892
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
Annual disclosure for covered persons
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 11B

The form 990 is reviewed in detail by one or more employees, including the director, financial administrator, and board president, within the preparation process. The board of directors reviews the form 990 at their monthly meeting which could be before or following the submission of the form.

Form 990, Page 6, Part VI, Line 12C

The conflict of interest policy is discussedd annually during the board meeting when new members are present.

Form 990, Page 6, Part VI, Line 15A

The board of directors determine the compensation package for the director based on guidelines from the new hampshire center for nonprofits wage and benefit survey as well as the bureau of labor statistics for new hampshire.

Form 990, Page 6, Part VI, Line 15B

All other employees' compensation packages are determined by the director based on a scaling system and the annual approval of the board.

Form 990, Page 6, Part VI, Line 19

Upon written request to school offices

Filing and Contact Details

Filer

Filer Name
New Concept Schools Inc
EIN
02-0315820
Phone
6038834356
Address
5 SAINT LAURENT STREET, NASHUA, NH 03064
Doing Business As
Nashua Child Learning Center

Signing Officer

Name
Margaret Wandrey
Title
President
Phone
6038834356
Signed
2026-01-16
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Margaret Wandrey
Formed
1975
Legal Domicile
Nh
Voting Board Members
8
Independent Board Members
8
Employees
38

Preparer

Firm
Brent Richardson CPA
Address
21 FRANKLIN ST STE 16, QUINCY, MA 02169
Preparer
Brent Richardson
Phone
6177735875
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IRS990/OtherExpensesGrp/ProgramServicesAmt219550
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IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt0SCHOOL POLICY IS PUBLICLY ANNOUNCED THROUGH LOCAL PRINT, MEDIA, AND OTHER METHODS. IT IS A NON-DISCRIMINATORY POLICY.
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE FORM 990 IS REVIEWED IN DETAIL BY ONE OR MORE EMPLOYEES, INCLUDING THE DIRECTOR, FINANCIAL ADMINISTRATOR, AND BOARD PRESIDENT, WITHIN THE PREPARATION PROCESS. THE BOARD OF DIRECTORS REVIEWS THE FORM 990 AT THEIR MONTHLY MEETING WHICH COULD BE BEFORE OR FOLLOWING THE SUBMISSION OF THE FORM.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE CONFLICT OF INTEREST POLICY IS DISCUSSEDD ANNUALLY DURING THE BOARD MEETING WHEN NEW MEMBERS ARE PRESENT.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE BOARD OF DIRECTORS DETERMINE THE COMPENSATION PACKAGE FOR THE DIRECTOR BASED ON GUIDELINES FROM THE NEW HAMPSHIRE CENTER FOR NONPROFITS WAGE AND BENEFIT SURVEY AS WELL AS THE BUREAU OF LABOR STATISTICS FOR NEW HAMPSHIRE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3ALL OTHER EMPLOYEES' COMPENSATION PACKAGES ARE DETERMINED BY THE DIRECTOR BASED ON A SCALING SYSTEM AND THE ANNUAL APPROVAL OF THE BOARD.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4UPON WRITTEN REQUEST TO SCHOOL OFFICES
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 6, PART VI, LINE 11B
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IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt05 SAINT LAURENT STREET
IRS990/USAddress/CityNm0NASHUA
IRS990/USAddress/StateAbbreviationCd0NH
IRS990/USAddress/ZIPCd003064
IRS990/VotingMembersGoverningBodyCnt08
IRS990/VotingMembersIndependentCnt08
IRS990/WebsiteAddressTxt0NCLCNH.ORG
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0MARGARET WANDREY
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum06038834356
ReturnHeader/BusinessOfficerGrp/SignatureDt02026-01-16
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0NEW CONCEPT SCHOOLS INC
ReturnHeader/Filer/BusinessNameControlTxt0NEWC
ReturnHeader/Filer/EIN0020315820
ReturnHeader/Filer/PhoneNum06038834356
ReturnHeader/Filer/USAddress/AddressLine1Txt05 SAINT LAURENT STREET
ReturnHeader/Filer/USAddress/CityNm0NASHUA
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