Civic Intelligence

Sara M Holbrook Community Center Inc

990 • Fiscal year 2015 • EIN 03-0179595

Apr 01, 2014 to Mar 31, 2015 • Filed on Oct 01, 2015

66 North AvenueBurlington, VT 05401

(802) 862-0080

Siviq Scores

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

Liabilities / Assets

50th percentile

0.04x

Higher debt load relative to assets than 50% of similar nonprofits.

2015 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2015

Liabilities / Revenue

55th percentile

0.06x

Higher debt load relative to revenue than 55% of similar nonprofits.

2015 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2015

Net Margin

62nd percentile

8.0%

Higher net margin than 62% of similar nonprofits.

2015 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2015

Top Officer Pay

75th percentile

$66,082

Higher top officer pay than 75% of similar nonprofits.

Top officer pay equals 10.0% of source-year revenue.

2015 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2015

Asset Growth

59th percentile

4.2%

Faster asset growth than 59% of similar nonprofits.

2015 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2014 to 2015

Revenue Growth

61st percentile

9.4%

Faster revenue growth than 61% of similar nonprofits.

2015 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2014 to 2015

Assets

Up

$920,568

Up $36,706 (+4.2%) from 2014

Net Assets

Up

$880,923

Up $52,751 (+6.4%) from 2014

Liabilities

Down

$39,645

Down $16,045 (-29%) from 2014

Revenue

Up

$660,644

Up $56,500 (+9.4%) from 2014

Expenses

Up

$607,956

Up $26,283 (+4.5%) from 2014

Net Income

Up

$52,688

Up $30,217 (+134%) from 2014

Historical Trend

Balance Sheet Trend

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

$6.0M$4.0M$2.0M$0Assets 2011: $688,778Liabilities 2011: $22,905Net Assets 2011: $665,8732011Assets 2012: $780,858Liabilities 2012: $17,550Net Assets 2012: $763,3082012Assets 2013: $831,179Liabilities 2013: $29,445Net Assets 2013: $801,7342013Assets 2014: $883,862Liabilities 2014: $55,690Net Assets 2014: $828,1722014Assets 2015: $920,568Liabilities 2015: $39,645Net Assets 2015: $880,9232015Assets 2016: $1,712,660Liabilities 2016: $39,976Net Assets 2016: $1,672,6842016Assets 2017: $3,199,274Liabilities 2017: $40,885Net Assets 2017: $3,158,3892017Assets 2018: $3,339,428Liabilities 2018: $39,889Net Assets 2018: $3,299,5392018Assets 2019: $3,757,344Liabilities 2019: $40,965Net Assets 2019: $3,716,3792019Assets 2020: $5,233,414Liabilities 2020: $543,013Net Assets 2020: $4,690,4012020Assets 2021: $5,350,335Liabilities 2021: $524,326Net Assets 2021: $4,826,0092021Assets 2022: $4,963,874Liabilities 2022: $533,521Net Assets 2022: $4,430,3532022Assets 2023: $4,428,824Liabilities 2023: $663,610Net Assets 2023: $3,765,2142023Assets 2024: $4,345,881Liabilities 2024: $926,748Net Assets 2024: $3,419,1332024Assets 2025: $0Liabilities 2025: $0Net Assets 2025: $02025

Highlighted filing

2015

Assets$920,568
Liabilities$39,645
Net Assets$880,923

Operations Trend

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

$2.0M$0-$2.0M-$4.0MExpenses 2011: $505,7762011Expenses 2012: $514,4172012Revenue 2013: $592,804Expenses 2013: $555,726Net Income 2013: $37,0782013Revenue 2014: $604,144Expenses 2014: $581,673Net Income 2014: $22,4712014Revenue 2015: $660,644Expenses 2015: $607,956Net Income 2015: $52,6882015Revenue 2016: $1,509,729Expenses 2016: $723,486Net Income 2016: $786,2432016Revenue 2017: $1,678,236Expenses 2017: $711,340Net Income 2017: $966,8962017Revenue 2018: $815,783Expenses 2018: $674,523Net Income 2018: $141,2602018Revenue 2019: $1,097,549Expenses 2019: $685,836Net Income 2019: $411,7132019Revenue 2020: $1,666,516Expenses 2020: $684,216Net Income 2020: $982,3002020Revenue 2021: $1,287,557Expenses 2021: $1,174,381Net Income 2021: $113,1762021Revenue 2022: $1,016,284Expenses 2022: $1,422,240Net Income 2022: -$405,9562022Revenue 2023: $1,054,110Expenses 2023: $1,709,636Net Income 2023: -$655,5262023Revenue 2024: $1,007,384Expenses 2024: $1,368,266Net Income 2024: -$360,8822024Revenue 2025: -$2,670,709Expenses 2025: $748,424Net Income 2025: -$3,419,1332025

Highlighted filing

2015

Revenue$660,644
Expenses$607,956
Net Income$52,688
Jump To
Filing Snapshot
Filing Period
Apr 1, 2014 to Mar 31, 2015
Signed
Oct 1, 2015
Return Version
2014v5.0
Gross Receipts
$674,266
Mission and Program Overview

Mission

To develop responsible and productive children, youth and families through social development, educational and recreational opportunities. The center services chittenden county with a primary focus being on the north end of burlington.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$138,382$443,043▲ $304,661
Savings and Temporary Cash Investments$284,760$276,136▼ $8,624
Cash and Non-Interest-Bearing Accounts$89,099$129,197▲ $40,098
Investments in Publicly Traded Securities$31,692$34,609▲ $2,917
Prepaid Expenses and Deferred Charges$16,157$19,157▲ $3,000
Accounts Receivable$11,670$9,606▼ $2,064
Total Assets$883,862$920,568▲ $36,706
Other Assets Total$312,102$8,820▼ $303,282
Liabilities
Accounts Payable and Accrued Expenses$43,941$25,762▼ $18,179
Deferred Revenue$11,749$11,749→ $0
Other Liabilities-$2,134-
Total Liabilities$55,690$39,645▼ $16,045
Net Assets / Fund Balance
Unrestricted Net Assets$816,422$868,923▲ $52,501
Temporarily Rstr Net Assets$11,750$12,000▲ $250
Total Net Assets Fund Balance$828,172$880,923▲ $52,751
Total Liabilities and Net Assets / Fund Balance$883,862$920,568▲ $36,706

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$337,605$200,482$538,087
Land$98,750-$98,750
Equipment$6,688$42,874$49,562
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Leisa PollanderExec DirectoFT$57,608$8,474$66,082

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$438,191
Program Service Revenue
$210,495
Investment Income
$4,169
Other Revenue
$7,789
All Other Contributions
$228,774
Change in Net Assets
$52,688

Audited Revenue Reconciliation

Revenue per Audited Statements
$660,644
Revenue Not Reported on Form 990
$12,120
Total Revenue per Audited Statements
$672,764
Total Revenue per Form 990
$660,644
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$473,851
Other Expenses$134,105
Total Fundraising Expense$46,111
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$297,842$19,671$19,671$337,184
Current Officers, Directors, Trustees, and Key Employees$50,856$3,359$3,359$57,574
Other Employee Benefits$38,874$2,567$2,567$44,008
Payroll Taxes$30,991$2,047$2,047$35,085
Occupancy$21,727$1,437$1,437$24,601
Travel$14,554$961$961$16,476
Depreciation Depletion$13,639$901$901$15,441
Insurance$10,787$712$712$12,211
Office Expenses$9,645$638$638$10,921
Fees for Services Other--$9,474$9,474
Fees for Services Accounting$7,332$484$484$8,300
Other Expenses$3,587$237$237$4,061
Advertising$764$50$50$864
Total Functional Expenses$528,067$33,778$46,111$607,956

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$620,013
Expenses per Audited Statements$607,956
Total Expenses per Form 990$607,956
Expenses Not Reported on Form 990$12,057
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
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
Security Deposits$2,134
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
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
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 2

Bruce chattman diane chattman director secretary husband & wife

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

Sara holbrook community center makes the 990 available to the executive/audit committee for review prior to filing their return.

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

Each new responsible person shall be required to review a copy of this policy to acknowledge in writing that he or she has done so. Each responsible person shall annually complete a disclosure form identifying any relationships, positions or circumstances in which the responsible person is involved that he or she believes could contribute to a conflict of interest arising. This policy shall be reviewed annually by each member of the board of directors. Any changes to the policy shall be communicated immediately to all responsible persons.

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

The salary recommendation process typically begins in february, with the treasurer of the board of directors researching the current cost of living increase. The sara holbrook community center's (shcc) executive director (ed) then confers with the ed's of a local like agency; the king street center -to compare salary ranges for like postions. This information is then shared with the human resources committee. Each shcc position has an established salary range, with the ed having the latitude to establish the salary for each position, with the exception of the ed. The board reviews assigned salaries as part of the budget approval process-typically at the may board meeting. The ed typically receive the same cost-of-living (cola) increase as the rest of the staff-this is usally discussed in executive session, with the ed out of the room. Once out of executive session, the board calls the ed back to share their decision.

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

The salary recommendation process typically begins in february, with the treasurer of the board of directors researching the current cost of living increase. The sara holbrook community center's (shcc) executive director (ed) then confers with the ed's of a local like agency; the king street center -to compare salary ranges for like postions. This information is then shared with the human resources committee. Each shcc position has an established salary range, with the ed having the latitude to establish the salary for each position, with the exception of the ed. The board reviews assigned salaries as part of the budget approval process-typically at the may board meeting.

Form 990, Page 6, Part VI, Line 19

Sara holbrook community center makes copies of government policies, financial statements and audited financial statements available for on-site inspection, with advance notice.

Filing and Contact Details

Filer

Filer Name
Sara M Holbrook Community
EIN
03-0179595
Phone
8028620080
Address
66 NORTH AVENUE, BURLINGTON, VT 05401

Signing Officer

Name
Leisa Pollander
Title
Executive Director
Phone
8028620080
Signed
2015-10-01
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Leisa Pollander
Formed
1937
Legal Domicile
Vt
Voting Board Members
17
Independent Board Members
17
Employees
43
Volunteers
375

Preparer

Firm
Davis & Hodgdon Associates Cpas Plc
Address
33 BLAIR PARK RD STE 201, WILLISTON, VT 05495
Preparer
Bret Hodgdon
Phone
8028781963
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

To develop responsible and productive children, youth and families through social development, educational and recreational opportunities. The center services chittenden county with a primary focus being on the north end of burlington.

Financial Statement Notes

Schedule D, Page 3, Part X

The center annually files an irs form 990, return of organization exempt form income tax, tax return in the u.s. Federal jurisdiction. The center is no longer subject to u.s. Federal income tax examination by tax authorities for the years prior to march 31, 2012. In the normal course of business, the center is subject to examination by various taxing authorities. Although the outcome of tax audits is always uncertain, the management of the center believes that there are no significant unrecognized tax liabilities at march 31, 2015 and 2014, respectively.

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IRS990/Form990PartVIISectionAGrp/TitleTxt0TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt1DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt2PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt3DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt4DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt6VICE PRESIDE
IRS990/Form990PartVIISectionAGrp/TitleTxt7DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt8SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt9DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt10DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt11DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt12DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt13DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt14DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt15DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt16DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt17EXEC DIRECTO
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IRS990/MissionDesc0TO DEVELOP RESPONSIBLE AND PRODUCTIVE CHILDREN, YOUTH AND FAMILIES THROUGH SOCIAL DEVELOPMENT, EDUCATIONAL AND RECREATIONAL OPPORTUNITIES. THE CENTER SERVICES CHITTENDEN COUNTY WITH A PRIMARY FOCUS BEING ON THE NORTH END OF BURLINGTON.
IRS990/MoreThan5000KToIndividualsInd0false
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IRS990/OfficeExpensesGrp/TotalAmt010921
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IRS990/OtherEmployeeBenefitsGrp/FundraisingAmt02567
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt02567
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IRS990/OtherExpensesGrp/Desc1CONTRACT SERVICES
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IRS990/OtherExpensesGrp/Desc3TELEPHONE
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IRS990/OtherExpensesGrp/FundraisingAmt2237
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IRS990/OtherExpensesGrp/ManagementAndGeneralAmt2237
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IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt02047
IRS990/PayrollTaxesGrp/ProgramServicesAmt030991
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IRS990/PrincipalOfficerNm0LEISA POLLANDER
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IRS990/ProgramServiceRevenueGrp/BusinessCd1611710
IRS990/ProgramServiceRevenueGrp/Desc0PROGRAM SERVICE REVENUE
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IRS990/ProgramServiceRevenueGrp/Desc2OTHER PROGRAM SERVICE REVENUE
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IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt13000
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IRS990/PYProgramServiceRevenueAmt0195353
IRS990/PYRevenuesLessExpensesAmt022471
IRS990/PYSalariesCompEmpBnftPaidAmt0449021
IRS990/PYTotalExpensesAmt0581673
IRS990/PYTotalRevenueAmt0604144
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IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt052688
IRS990/RegularMonitoringEnfrcInd0true
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IRS990/RentalIncomeOrLossGrp/RealAmt07789
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IRS990/SavingsAndTempCashInvstGrp/EOYAmt0276136
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0OTHER INCOME 0
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IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0411722
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0462200
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0352538
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IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt025580
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt05572
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IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt07522
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IRS990ScheduleA/PublicSupportTotal170Amt02050239
IRS990ScheduleA/SubstantialContributorsTotAmt017631
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IRS990ScheduleA/TotalSupportAmt02118464
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IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
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IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd0true
IRS990ScheduleD/BuildingsGrp/BookValueAmt0337605
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0200482

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$0.00$0.00$0.00$2.67$0.75$3.42
2024Detailed filing. Detailed filing data is available for this year.$4.35$0.93$3.42$1.01$1.37$0.36
2023Detailed filing. Detailed filing data is available for this year.$4.43$0.66$3.77$1.05$1.71$0.66
2022Detailed filing. Detailed filing data is available for this year.$4.96$0.53$4.43$1.02$1.42$0.41
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$5.35$0.52$4.83$1.29$1.17$0.11
2020Detailed filing. Detailed filing data is available for this year.$5.23$0.54$4.69$1.67$0.68$0.98
2019Detailed filing. Detailed filing data is available for this year.$3.76$0.04$3.72$1.10$0.69$0.41
2018Detailed filing. Detailed filing data is available for this year.$3.34$0.04$3.30$0.82$0.67$0.14
2017Detailed filing. Detailed filing data is available for this year.$3.20$0.04$3.16$1.68$0.71$0.97
2016Detailed filing. Detailed filing data is available for this year.$1.71$0.04$1.67$1.51$0.72$0.79
2015Detailed filing. Detailed filing data is available for this year.$0.92$0.04$0.88$0.66$0.61$0.05
2014Detailed filing. Detailed filing data is available for this year.$0.88$0.06$0.83$0.60$0.58$0.02
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.83$0.03$0.80$0.59$0.56$0.04
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.78$0.02$0.76$0.51
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.69$0.02$0.67$0.51