Civic Intelligence

Applewood Learning Center Inc.

990 • Fiscal year 2014 • EIN 02-0433124

Sep 01, 2013 to Aug 31, 2014 • Filed on Jan 05, 2015

Two Hampton DriveLondonderry, NH 03053-3570

(603) 434-3139

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

78th percentile

0.36x

Higher debt load relative to assets than 78% of similar nonprofits.

2014 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2014

Liabilities / Revenue

75th percentile

0.24x

Higher debt load relative to revenue than 75% of similar nonprofits.

2014 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2014

Net Margin

55th percentile

4.9%

Higher net margin than 55% of similar nonprofits.

2014 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2014

Top Officer Pay

66th percentile

$50,907

Higher top officer pay than 66% of similar nonprofits.

Top officer pay equals 7.1% of source-year revenue.

2014 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2014

Asset Growth

49th percentile

1.9%

Faster asset growth than 49% of similar nonprofits.

2014 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2013 to 2014

Revenue Growth

43rd percentile

1.1%

Faster revenue growth than 43% of similar nonprofits.

2014 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2013 to 2014

Assets

Up

$480,358

Up $9,152 (+1.9%) from 2013

Net Assets

Up

$306,115

Up $34,716 (+13%) from 2013

Liabilities

Down

$174,243

Down $25,564 (-13%) from 2013

Revenue

Up

$722,015

Up $8,081 (+1.1%) from 2013

Expenses

Down

$686,781

Down $695 (-0.1%) from 2013

Net Income

Up

$35,234

Up $8,776 (+33%) from 2013

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$1.5M$1.0M$500K$0Assets 2011: $474,783Liabilities 2011: $210,573Net Assets 2011: $264,2102011Assets 2012: $461,458Liabilities 2012: $183,993Net Assets 2012: $277,4652012Assets 2013: $471,206Liabilities 2013: $199,807Net Assets 2013: $271,3992013Assets 2014: $480,358Liabilities 2014: $174,243Net Assets 2014: $306,1152014Assets 2015: $461,674Liabilities 2015: $150,938Net Assets 2015: $310,7362015Assets 2016: $574,378Liabilities 2016: $133,044Net Assets 2016: $441,3342016Assets 2017: $602,837Liabilities 2017: $106,870Net Assets 2017: $495,9672017Assets 2018: $961,488Liabilities 2018: $418,324Net Assets 2018: $543,1642018Assets 2019: $911,058Liabilities 2019: $375,871Net Assets 2019: $535,1872019Assets 2020: $843,262Liabilities 2020: $425,114Net Assets 2020: $418,1482020Assets 2021: $981,046Liabilities 2021: $417,717Net Assets 2021: $563,3292021Assets 2022: $1,115,663Liabilities 2022: $282,908Net Assets 2022: $832,7552022Assets 2023: $1,058,591Liabilities 2023: $257,607Net Assets 2023: $800,9842023Assets 2024: $1,076,651Liabilities 2024: $164,097Net Assets 2024: $912,5542024Assets 2025: $1,117,242Liabilities 2025: $121,447Net Assets 2025: $995,7952025

Highlighted filing

2014

Assets$480,358
Liabilities$174,243
Net Assets$306,115

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$1.5M$1.0M$500K$0-$500KRevenue 2011: $686,886Expenses 2011: $687,542Net Income 2011: -$6562011Revenue 2012: $670,510Expenses 2012: $655,209Net Income 2012: $15,3012012Revenue 2013: $713,934Expenses 2013: $687,476Net Income 2013: $26,4582013Revenue 2014: $722,015Expenses 2014: $686,781Net Income 2014: $35,2342014Revenue 2015: $681,540Expenses 2015: $676,920Net Income 2015: $4,6202015Revenue 2016: $830,477Expenses 2016: $699,981Net Income 2016: $130,4962016Revenue 2017: $742,231Expenses 2017: $687,608Net Income 2017: $54,6232017Revenue 2018: $780,177Expenses 2018: $732,981Net Income 2018: $47,1962018Revenue 2019: $756,658Expenses 2019: $764,634Net Income 2019: -$7,9762019Revenue 2020: $639,424Expenses 2020: $756,463Net Income 2020: -$117,0392020Revenue 2021: $909,050Expenses 2021: $763,869Net Income 2021: $145,1812021Revenue 2022: $1,072,174Expenses 2022: $818,495Net Income 2022: $253,6792022Revenue 2023: $790,235Expenses 2023: $859,549Net Income 2023: -$69,3142023Revenue 2024: $895,979Expenses 2024: $825,688Net Income 2024: $70,2912024Revenue 2025: $939,699Expenses 2025: $871,775Net Income 2025: $67,9242025

Highlighted filing

2014

Revenue$722,015
Expenses$686,781
Net Income$35,234
Jump To
Filing Snapshot
Filing Period
Sep 1, 2013 to Aug 31, 2014
Signed
Jan 5, 2015
Return Version
2013v4.0
Gross Receipts
$724,251
Mission and Program Overview

Mission

To provide child care and educational services to children aging from six months to 15 years.

To provide child care and educational services to children aging from six months to 15 years

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$361,857$368,148▲ $6,291
Cash and Non-Interest-Bearing Accounts$100,199$101,704▲ $1,505
Investments in Publicly Traded Securities$9,150$9,750▲ $600
Intangible Assets-$756-
Total Assets$471,206$480,358▲ $9,152
Liabilities
Other Liabilities$162,902$138,790▼ $24,112
Deferred Revenue$31,929$32,061▲ $132
Accounts Payable and Accrued Expenses$4,976$3,392▼ $1,584
Total Liabilities$199,807$174,243▼ $25,564
Net Assets / Fund Balance
Unrestricted Net Assets$271,399$306,115▲ $34,716
Total Net Assets Fund Balance$271,399$306,115▲ $34,716
Total Liabilities and Net Assets / Fund Balance$471,206$480,358▲ $9,152

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$334,012$346,372$680,384
Leasehold Improvements$23,240$1,390$24,630
Equipment$10,411$1,942$12,353
Other Land Buildings$485$18$503
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Elizabeth BrunetteEducationalFT$50,907$50,907
Melissa VaccaroTeacher RepFT$31,876$31,876

Board Members and Trustees

NameTitle
Kelly SevinPresident
Laura FrangipaneMember at La
Steven MathieuMember at La
Marisa BerlinSecretary
Jennifer KennedyTreasurer
Lucas HillVice Preside
Revenue and Support

Revenue Composition

Contributions and Grants
$669
Program Service Revenue
$716,695
Investment Income
$11
Other Revenue
$4,640
All Other Contributions
$669
Change in Net Assets
$35,234
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$512,050
Other Expenses$174,731
Total Fundraising Expense$11,527
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$320,523$71,227$3,958$395,708
Current Officers, Directors, Trustees, and Key Employees$65,880$9,760$5,693$81,333
Payroll Taxes$28,357$6,302$350$35,009
Insurance$20,023$4,450$247$24,720
Depreciation Depletion$22,334--$22,334
Other Expenses$12,121$2,694$149$14,964
All Other Expenses$7,792$1,732$96$9,620
Office Expenses$7,079$1,573$87$8,739
Interest$6,495$1,443$80$8,018
Advertising$4,608$1,024$57$5,689
Fees for Services Accounting$810$180$10$1,000
Fees for Service Investment Mgmnt Fees$770$171$9$950
Travel$424$94$5$523
Total Functional Expenses$560,463$114,791$11,527$686,781
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$5,566
Fundraising Direct Expenses$2,236
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
Notes Payable$138,790
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Backup withholding compliance
Yes
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
No
Other officer compensation reviewed
No
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 7A

Election of members and their rights members

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

Independent bookkeeper, executive director and board review 990

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

Verbally asked to disclose conflicts of interests

Form 990, Page 6, Part VI, Line 18

AVAILABLE UPON REQUEST

Form 990, Page 6, Part VI, Line 19

AVAILABLE UPON REQUEST

Filing and Contact Details

Filer

EIN
02-0433124
Phone
6034343139

Signing Officer

Name
Elizabeth Brunette
Title
Executive Director
Phone
6034343139
Signed
2015-01-05

Organization Details

Principal Officer
Elizabeth Brunette
Formed
1989
Legal Domicile
Nh
Voting Board Members
8
Independent Board Members
8
Employees
32
Volunteers
2

Preparer

Preparer
Robin D Wells
Phone
6032243950
Supplemental Narrative

Additional Explanations

Form 990, Page 2, Part III, Line 4D

To provide child care and educational services to children aging from six months to fifteen years

Form 990, Part XI, Line 9

Accrual to cash adj increase in def rev 132 accrual to cash adj increase in a/p 386

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This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt129299
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt25280
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt31767
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt4140
IRS990/ProgSrvcAccomActyOtherGrp/Desc0TO PROVIDE CHILD CARE AND EDUCATIONAL SERVICES TO CHILDREN AGING FROM SIX MONTHS TO FIFTEEN YEARS
IRS990/ProgSrvcAccomActyOtherGrp/ExpenseAmt066441
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt0831
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt012
IRS990/PYOtherExpensesAmt0158125
IRS990/PYOtherRevenueAmt015718
IRS990/PYProgramServiceRevenueAmt0697373
IRS990/PYRevenuesLessExpensesAmt026458
IRS990/PYSalariesCompEmpBnftPaidAmt0529351
IRS990/PYTotalExpensesAmt0687476
IRS990/PYTotalRevenueAmt0713934
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt035234
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt0669
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt08050
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt08340
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt01371
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt05049
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt023479
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt011
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt012
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt026
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt045
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt072
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt0166
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt0723571
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt0690178
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt0660154
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt0674079
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt0676708
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt03424690
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt011
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt012
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt026
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt045
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt072
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt0166
IRS990ScheduleA/InvestmentIncomeCYPct00.00000
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct01.00000
IRS990ScheduleA/PublicSupportPY509Pct00.99990
IRS990ScheduleA/PublicSupportTotal509Amt03448169
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0724240
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0698228
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0668494
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0675450
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0681757
IRS990ScheduleA/Total509Grp/TotalAmt03448169
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0724251
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0698240
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt0668520
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt0675495
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt0681829
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt03448335
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/BuildingsGrp/BookValueAmt0334012
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0346372
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt0680384
IRS990ScheduleD/EquipmentGrp/BookValueAmt010411
IRS990ScheduleD/EquipmentGrp/DepreciationAmt01942
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt012353
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt023240
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt01390
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt024630
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt0485
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt018
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt0503
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0138790
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0NOTES PAYABLE
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0368148
IRS990ScheduleD/TotalLiabilityAmt0138790
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0TO PROVIDE CHILD CARE AND EDUCATIONAL SERVICES TO CHILDREN AGING FROM SIX MONTHS TO FIFTEEN YEARS
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1ELECTION OF MEMBERS AND THEIR RIGHTS MEMBERS
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2INDEPENDENT BOOKKEEPER, EXECUTIVE DIRECTOR AND BOARD REVIEW 990
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3VERBALLY ASKED TO DISCLOSE CONFLICTS OF INTERESTS
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4AVAILABLE UPON REQUEST
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5AVAILABLE UPON REQUEST
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6ACCRUAL TO CASH ADJ INCREASE IN DEF REV 132 ACCRUAL TO CASH ADJ INCREASE IN A/P 386
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 2, PART III, LINE 4D
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 7A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PAGE 6, PART VI, LINE 18
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PAGE 6, PART VI, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990, PART XI, LINE 9
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/StatesWhereCopyOfReturnIsFldCd0NH
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxableDistributionsInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt0471206
IRS990/TotalAssetsEOYAmt0480358
IRS990/TotalAssetsGrp/BOYAmt0471206
IRS990/TotalAssetsGrp/EOYAmt0480358
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt0669
IRS990/TotalEmployeeCnt032
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt011527
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0114791
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0560463
IRS990/TotalFunctionalExpensesGrp/TotalAmt0686781
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0199807
IRS990/TotalLiabilitiesEOYAmt0174243
IRS990/TotalLiabilitiesGrp/BOYAmt0199807
IRS990/TotalLiabilitiesGrp/EOYAmt0174243
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0271399
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0306115
IRS990/TotalOtherProgSrvcExpenseAmt066441
IRS990/TotalOthProgramServiceRevGrp/RelatedOrExemptFuncIncomeAmt050
IRS990/TotalOthProgramServiceRevGrp/TotalRevenueColumnAmt050

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$1.12$0.12$1.00$0.94$0.87$0.07
2024Detailed filing. Detailed filing data is available for this year.$1.08$0.16$0.91$0.90$0.83$0.07
2023Detailed filing. Detailed filing data is available for this year.$1.06$0.26$0.80$0.79$0.86$0.07
2022Detailed filing. Detailed filing data is available for this year.$1.12$0.28$0.83$1.07$0.82$0.25
2021Detailed filing. Detailed filing data is available for this year.$0.98$0.42$0.56$0.91$0.76$0.15
2020Detailed filing. Detailed filing data is available for this year.$0.84$0.43$0.42$0.64$0.76$0.12
2019Detailed filing. Detailed filing data is available for this year.$0.91$0.38$0.54$0.76$0.76$0.01
2018Summary only. Only limited summary data is available for this year.$0.96$0.42$0.54$0.78$0.73$0.05
2017Summary only. Only limited summary data is available for this year.$0.60$0.11$0.50$0.74$0.69$0.05
2016Summary only. Only limited summary data is available for this year.$0.57$0.13$0.44$0.83$0.70$0.13
2015Summary only. Only limited summary data is available for this year.$0.46$0.15$0.31$0.68$0.68$0.00
2014Detailed filing. Detailed filing data is available for this year.$0.48$0.17$0.31$0.72$0.69$0.04
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.47$0.20$0.27$0.71$0.69$0.03
2012Summary only. Only limited summary data is available for this year.$0.46$0.18$0.28$0.67$0.66$0.02
2011Summary only. Only limited summary data is available for this year.$0.47$0.21$0.26$0.69$0.69$0.00