Civic Intelligence

Mount Royal Academy Inc.

990 • Fiscal year 2014 • EIN 02-0472455

Jul 01, 2013 to Jun 30, 2014 • Filed on Jan 23, 2015

26 Seven Hearths LaneSunapee, NH 03782-2925

(603) 763-9010

Siviq Scores

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

Liabilities / Assets

64th percentile

0.24x

Higher debt load relative to assets than 64% of similar nonprofits.

2014 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2014

Liabilities / Revenue

26th percentile

0.02x

Higher debt load relative to revenue than 26% of similar nonprofits.

2014 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2014

Net Margin

36th percentile

-1.3%

Higher net margin than 36% of similar nonprofits.

2014 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2014

Top Officer Pay

57th percentile

$76,049

Higher top officer pay than 57% of similar nonprofits.

Top officer pay equals 6.1% of source-year revenue.

2014 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2014

Asset Growth

56th percentile

3.8%

Faster asset growth than 56% of similar nonprofits.

2014 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2013 to 2014

Revenue Growth

78th percentile

24%

Faster revenue growth than 78% of similar nonprofits.

2014 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2013 to 2014

Assets

Up

$120,418

Up $4,398 (+3.8%) from 2013

Net Assets

Down

$91,135

Down $15,671 (-15%) from 2013

Liabilities

Up

$29,283

Up $20,069 (+218%) from 2013

Revenue

Up

$1,244,170

Up $242,342 (+24%) from 2013

Expenses

Up

$1,259,841

Up $321,573 (+34%) from 2013

Net Income

Down

-$15,671

Down $79,231 (-125%) from 2013

Historical Trend

Balance Sheet Trend

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

$1.0M$500K$0-$500KAssets 2010: $210,732Liabilities 2010: $47,716Net Assets 2010: $163,0162010Assets 2011: $314,106Liabilities 2011: $56,964Net Assets 2011: $257,1422011Assets 2012: $192,840Liabilities 2012: $33,678Net Assets 2012: $159,1622012Assets 2013: $116,020Liabilities 2013: $9,214Net Assets 2013: $106,8062013Assets 2014: $120,418Liabilities 2014: $29,283Net Assets 2014: $91,1352014Assets 2015: $177,782Liabilities 2015: $171,535Net Assets 2015: $6,2472015Assets 2016: $228,086Liabilities 2016: $119,845Net Assets 2016: $108,2412016Assets 2017: $232,634Liabilities 2017: $210,838Net Assets 2017: $21,7962017Assets 2018: $170,411Liabilities 2018: $189,085Net Assets 2018: -$18,6742018Assets 2019: $158,892Liabilities 2019: $164,253Net Assets 2019: -$5,3612019Assets 2020: $298,819Liabilities 2020: $293,400Net Assets 2020: $5,4192020Assets 2021: $546,568Liabilities 2021: $212,267Net Assets 2021: $334,3012021Assets 2022: $765,475Liabilities 2022: $183,697Net Assets 2022: $581,7782022Assets 2023: $775,750Liabilities 2023: $120,900Net Assets 2023: $654,8502023Assets 2024: $834,508Liabilities 2024: $138,807Net Assets 2024: $695,7012024Assets 2025: $853,409Liabilities 2025: $147,511Net Assets 2025: $705,8982025

Highlighted filing

2014

Assets$120,418
Liabilities$29,283
Net Assets$91,135

Operations Trend

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

$3.0M$2.0M$1.0M$0-$1.0MExpenses 2010: $686,3162010Expenses 2011: $621,7842011Revenue 2012: $996,734Expenses 2012: $1,070,488Net Income 2012: -$73,7542012Revenue 2013: $1,001,828Expenses 2013: $938,268Net Income 2013: $63,5602013Revenue 2014: $1,244,170Expenses 2014: $1,259,841Net Income 2014: -$15,6712014Revenue 2015: $1,629,316Expenses 2015: $1,714,204Net Income 2015: -$84,8882015Revenue 2016: $1,881,565Expenses 2016: $1,682,661Net Income 2016: $198,9042016Revenue 2017: $1,620,852Expenses 2017: $1,706,298Net Income 2017: -$85,4462017Revenue 2018: $1,708,364Expenses 2018: $1,750,879Net Income 2018: -$42,5152018Revenue 2019: $1,711,116Expenses 2019: $1,683,992Net Income 2019: $27,1242019Revenue 2020: $1,447,530Expenses 2020: $1,438,326Net Income 2020: $9,2042020Revenue 2021: $2,073,100Expenses 2021: $1,716,764Net Income 2021: $356,3362021Revenue 2022: $2,145,424Expenses 2022: $1,884,937Net Income 2022: $260,4872022Revenue 2023: $1,914,485Expenses 2023: $1,881,395Net Income 2023: $33,0902023Revenue 2024: $1,951,900Expenses 2024: $1,944,682Net Income 2024: $7,2182024Revenue 2025: $2,043,139Expenses 2025: $2,066,635Net Income 2025: -$23,4962025

Highlighted filing

2014

Revenue$1,244,170
Expenses$1,259,841
Net Income-$15,671
Jump To
Filing Snapshot
Filing Period
Jul 1, 2013 to Jun 30, 2014
Signed
Jan 23, 2015
Return Version
2013v4.0
Gross Receipts
$1,267,372
Mission and Program Overview

Mission

To provide a comprehensive academic program for students in grades pre-kindergarten through high school.

To provide a comprehensive academic program for students in grades pre-kindergarden through twelve.

Balance Sheet Detail
LineBeginningEndChange
Assets
Rtn Earn Endowment Incm Other Fnds$106,806$91,135▼ $15,671
Land, Buildings, and Equipment, Net$66,270$74,596▲ $8,326
Pledges and Grants Receivable$24,785$40,277▲ $15,492
Cash and Non-Interest-Bearing Accounts$24,965$5,545▼ $19,420
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Cap Stk Tr Prin Current Funds$0$0→ $0
Total Assets$116,020$120,418▲ $4,398
Liabilities
Accounts Payable and Accrued Expenses$9,214$29,283▲ $20,069
Total Liabilities$9,214$29,283▲ $20,069
Net Assets / Fund Balance
Total Net Assets Fund Balance$106,806$91,135▼ $15,671
Total Liabilities and Net Assets / Fund Balance$116,020$120,418▲ $4,398

Asset Categories

AssetBook ValueDepreciationBasis
Leasehold Improvements$67,859$66,316$134,175
Equipment$4,947$15,179$20,126
Other Land Buildings$1,790$13,090$14,880
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
David ThibaultHeadmasterFT$65,038$11,011$76,049

Board Members and Trustees

NameTitle
Thomas BroomChairman
C Edward BroomCo-chairman
Barry CunninghamBoard Member
Ed WalshBoard Member
Michael CorreaBoard Member
William MealeyTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$188,133
Program Service Revenue
$1,007,776
Investment Income
$2
Other Revenue
$48,259
All Other Contributions
$188,133
Change in Net Assets
$-15,671
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$659,519
Grants and Similar Amounts Paid$401,000
Other Expenses$199,322
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Comp Disqual Persons$499,183--$499,183
Grants to Domestic Individuals$401,000--$401,000
Current Officers, Directors, Trustees, and Key Employees-$74,214-$74,214
Occupancy$53,099$13,275-$66,374
Payroll Taxes$39,041$4,975-$44,016
Other Employee Benefits$42,106--$42,106
All Other Expenses$35,280$2,218-$37,498
Depreciation Depletion$11,533--$11,533
Office Expenses$7,240$1,810-$9,050
Other Expenses$8,338$3,478-$8,338
Fees for Services Accounting-$3,875-$3,875
Fees for Services Other$3,307--$3,307
Interest-$8-$8
Total Functional Expenses$1,155,988$103,853$0$1,259,841
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$69,369
Fundraising Direct Expenses$23,202
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Event 1$19,755$19,755$4,992$14,763
Event 2$15,621$15,621$1,553$14,068
Total Events$69,369$69,369$23,202$46,167
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
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
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 2

C. Edward broom and thomas broom are father and son respectively.

Form 990, Part VI, Section A, Line 8A

Any minutes taken would be avaiable upon request.

Form 990, Part VI, Section A, Line 8B

Any minutes taken would be available upon request.

Form 990, Part VI, Section B, Line 11

Reviewed and signed by headmaster.

Form 990, Part VI, Section C, Line 19

Documents, policies and financial statements are available from the business office at mount royal academy, inc.

Filing and Contact Details

Filer

EIN
02-0472455
Phone
6037639010

Signing Officer

Name
Derek Tremblay
Title
Headmaster
Phone
6037639010
Signed
2015-01-23
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Derek Tremblay
Formed
1994
Legal Domicile
Nh
Voting Board Members
6
Independent Board Members
6
Employees
27
Volunteers
0

Preparer

Preparer
W Jay Simms
Phone
6036530044
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IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt067859
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt066316
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt0134175
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt01790
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt013090
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt014880
IRS990ScheduleD/TotalBookValueLandBuildingsAmt074596
IRS990ScheduleE/ComplianceWithRevProc7550Ind01
IRS990ScheduleE/DiscriminateRaceAdmissPlcyInd00
IRS990ScheduleE/DiscriminateRaceAthltProgInd00
IRS990ScheduleE/DiscriminateRaceEducPlcyInd00
IRS990ScheduleE/DiscriminateRaceEmplmFcultyInd00
IRS990ScheduleE/DiscriminateRaceOtherActyInd00
IRS990ScheduleE/DiscriminateRaceSchsInd00
IRS990ScheduleE/DiscriminateRaceStdntsRghtsInd00
IRS990ScheduleE/DiscriminateRaceUseOfFcltsInd00
IRS990ScheduleE/GovernmentFinancialAidRcvdInd00
IRS990ScheduleE/GovernmentFinancialAidRvkdInd00
IRS990ScheduleE/MaintainCpyOfAllSolInd01
IRS990ScheduleE/MaintainCpyOfBrochuresEtcInd01
IRS990ScheduleE/MaintainRacialCompRecsInd01
IRS990ScheduleE/MaintainScholarshipsRecsInd01
IRS990ScheduleE/NondiscriminatoryPolicyStmtInd01
IRS990ScheduleE/PlcyPblczdViaBroadcastMediaInd01
IRS990ScheduleE/PolicyStmtInBrochuresEtcInd01
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt0LANGUAGE REGARDING MOUNT ROYAL ACADEMY'S NON-DISCRIMINATION POLICY APPEARS IN ITS ADVERTISEMENTS.
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE E, PART I, LINE 3
IRS990ScheduleG/FundraisingEventInformationGrp/CashPrizesEvent2Amt02425
IRS990ScheduleG/FundraisingEventInformationGrp/CashPrizesTotalEventsAmt02425
IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt023202
IRS990ScheduleG/FundraisingEventInformationGrp/FoodAndBeverageOtherEventsAmt0903
IRS990ScheduleG/FundraisingEventInformationGrp/FoodAndBeverageTotalEventsAmt0903
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt019755
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent2Amt015621
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsOtherEventsAmt033993
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt069369
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt019755
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent2Amt015621
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueOtherEventsAmt033993
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt069369
IRS990ScheduleG/FundraisingEventInformationGrp/NameOfEvent1Amt0WALK A THON
IRS990ScheduleG/FundraisingEventInformationGrp/NameOfEvent2Amt0CHRISTMAS RAFFLE CARDS
IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt046167
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssOtherEventsAmt013329
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssTotalEventsAmt019874
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent1Amt04992
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent2Amt01553
IRS990ScheduleG/FundraisingEventInformationGrp/OtherEventsTotalCnt03
IRS990ScheduleI/GrantRecordsMaintainedInd00
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt0FINANCIAL AID
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/NonCashAssistanceAmt0401000
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/NonCashAssistanceDesc0TUITION ASSISTANCE TO 61 FAMILIES
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/RecipientCnt061
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/ValuationMethodUsedDesc0FMV
IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt0THE NAMES AND ADDRESSES OF THE PARTICIPANTS ARE AVAILABLE FROM THE BUSINESS OFFICE AT MOUNT ROYAL ACADEMY, INC.
IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc0PART I, LINE 2:
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0C. EDWARD BROOM AND THOMAS BROOM ARE FATHER AND SON RESPECTIVELY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1ANY MINUTES TAKEN WOULD BE AVAIABLE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2ANY MINUTES TAKEN WOULD BE AVAILABLE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3REVIEWED AND SIGNED BY HEADMASTER.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4DOCUMENTS, POLICIES AND FINANCIAL STATEMENTS ARE AVAILABLE FROM THE BUSINESS OFFICE AT MOUNT ROYAL ACADEMY, INC.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION A, LINE 8A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION A, LINE 8B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION B, LINE 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART VI, SECTION C, LINE 19
IRS990/SchoolOperatingInd01
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0NH
IRS990/SubjectToProxyTaxInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt0116020
IRS990/TotalAssetsEOYAmt0120418
IRS990/TotalAssetsGrp/BOYAmt0116020
IRS990/TotalAssetsGrp/EOYAmt0120418
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt0188133
IRS990/TotalEmployeeCnt027
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0103853
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt01155988
IRS990/TotalFunctionalExpensesGrp/TotalAmt01259841
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt09214
IRS990/TotalLiabilitiesEOYAmt029283
IRS990/TotalLiabilitiesGrp/BOYAmt09214
IRS990/TotalLiabilitiesGrp/EOYAmt029283
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0106806
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt091135
IRS990/TotalOtherCompensationAmt011011
IRS990/TotalProgramServiceExpensesAmt01155988
IRS990/TotalProgramServiceRevenueAmt01007776
IRS990/TotalReportableCompFromOrgAmt065038
IRS990/TotalRevenueGrp/ExclusionAmt046169
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt01009868
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt01244170
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0116020
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0120418
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine10MOUNT ROYAL ACADEMY 26 HEARTHS LANE
IRS990/USAddress/City0SUNAPEE
IRS990/USAddress/State0NH
IRS990/USAddress/ZIPCode003782
IRS990/VotingMembersGoverningBodyCnt06
IRS990/VotingMembersIndependentCnt06
IRS990/WebsiteAddressTxt0WWW.MOUNTROYALACADEMY.COM
IRS990/WhistleblowerPolicyInd00
ReturnHeader/BuildTS02016-03-07 17:11:31Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0DEREK TREMBLAY
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0HEADMASTER
ReturnHeader/BusinessOfficerGrp/PhoneNum06037639010
ReturnHeader/BusinessOfficerGrp/SignatureDt02015-01-23
ReturnHeader/Filer/BusinessName/BusinessNameLine10MOUNT ROYAL ACADEMY INC
ReturnHeader/Filer/BusinessNameControlTxt0MOUN
ReturnHeader/Filer/EIN0020472455
ReturnHeader/Filer/PhoneNum06037639010
ReturnHeader/Filer/USAddress/AddressLine1026 SEVEN HEARTHS LANE
ReturnHeader/Filer/USAddress/City0SUNAPEE
ReturnHeader/Filer/USAddress/State0NH

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$0.85$0.15$0.71$2.04$2.07$0.02
2024Detailed filing. Detailed filing data is available for this year.$0.83$0.14$0.70$1.95$1.94$0.01
2023Detailed filing. Detailed filing data is available for this year.$0.78$0.12$0.65$1.91$1.88$0.03
2022Detailed filing. Detailed filing data is available for this year.$0.77$0.18$0.58$2.15$1.88$0.26
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.55$0.21$0.33$2.07$1.72$0.36
2020Detailed filing. Detailed filing data is available for this year.$0.30$0.29$0.01$1.45$1.44$0.01
2019Summary only. Only limited summary data is available for this year.$0.16$0.16$0.01$1.71$1.68$0.03
2018Summary only. Only limited summary data is available for this year.$0.17$0.19$0.02$1.71$1.75$0.04
2017Summary only. Only limited summary data is available for this year.$0.23$0.21$0.02$1.62$1.71$0.09
2016Summary only. Only limited summary data is available for this year.$0.23$0.12$0.11$1.88$1.68$0.20
2015Detailed filing. Detailed filing data is available for this year.$0.18$0.17$0.01$1.63$1.71$0.08
2014Detailed filing. Detailed filing data is available for this year.$0.12$0.03$0.09$1.24$1.26$0.02
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.12$0.01$0.11$1.00$0.94$0.06
2012Summary only. Only limited summary data is available for this year.$0.19$0.03$0.16$1.00$1.07$0.07
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.31$0.06$0.26$0.62
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.21$0.05$0.16$0.69