Civic Intelligence

Washington Central Friends of Education Inc.

990 • Fiscal year 2016 • EIN 03-0335793

Jul 01, 2015 to Jun 30, 2016 • Filed on Feb 11, 2017

PO Box 324Montpelier, VT 05601

(802) 223-3456

Siviq Scores

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

Liabilities / Assets

76th percentile

0.08x

Higher debt load relative to assets than 76% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Source year 2016

Liabilities / Revenue

73rd percentile

0.03x

Higher debt load relative to revenue than 73% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Source year 2016

Net Margin

54th percentile

4.8%

Higher net margin than 54% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Source year 2016

Top Officer Pay

94th percentile

$57,560

Higher top officer pay than 94% of similar nonprofits.

Top officer pay equals 19.5% of source-year revenue.

2016 filings • 501(c)3 • <$500k nonprofits • Source year 2016

Asset Growth

62nd percentile

9.7%

Faster asset growth than 62% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Annualized from 2015 to 2016

Revenue Growth

42nd percentile

-4.3%

Faster revenue growth than 42% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Annualized from 2015 to 2016

Assets

Up

$122,821

Up $10,823 (+9.7%) from 2015

Net Assets

Up

$112,850

Up $14,080 (+14%) from 2015

Liabilities

Down

$9,971

Down $3,257 (-25%) from 2015

Revenue

Down

$295,487

Down $13,182 (-4.3%) from 2015

Expenses

Down

$281,407

Down $6,608 (-2.3%) from 2015

Net Income

Down

$14,080

Down $6,574 (-32%) from 2015

Historical Trend

Balance Sheet Trend

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

$300K$200K$100K$0Assets 2011: $64,769Liabilities 2011: $1,543Net Assets 2011: $63,2262011Assets 2012: $86,118Liabilities 2012: $9,805Net Assets 2012: $76,3132012Assets 2013: $76,960Liabilities 2013: $6,948Net Assets 2013: $70,0122013Assets 2014: $103,029Liabilities 2014: $24,913Net Assets 2014: $78,1162014Assets 2015: $111,998Liabilities 2015: $13,228Net Assets 2015: $98,7702015Assets 2016: $122,821Liabilities 2016: $9,971Net Assets 2016: $112,8502016Assets 2017: $86,124Liabilities 2017: $2,196Net Assets 2017: $83,9282017Assets 2018: $67,515Liabilities 2018: $3,396Net Assets 2018: $64,1192018Assets 2019: $66,613Liabilities 2019: $3,961Net Assets 2019: $62,6522019Assets 2020: $107,893Liabilities 2020: $46,454Net Assets 2020: $61,4392020Assets 2021: $102,857Liabilities 2021: $7,929Net Assets 2021: $94,9282021Assets 2022: $114,354Liabilities 2022: $3,242Net Assets 2022: $111,1122022Assets 2023: $199,165Liabilities 2023: $2,517Net Assets 2023: $196,6482023Assets 2024: $231,857Liabilities 2024: $2,661Net Assets 2024: $229,1962024Assets 2025: $202,235Liabilities 2025: $5,213Net Assets 2025: $197,0222025

Highlighted filing

2016

Assets$122,821
Liabilities$9,971
Net Assets$112,850

Operations Trend

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

$600K$400K$200K$0-$200KRevenue 2011: $455,938Expenses 2011: $423,424Net Income 2011: $32,5142011Revenue 2012: $436,963Expenses 2012: $416,474Net Income 2012: $20,4892012Revenue 2013: $403,759Expenses 2013: $410,060Net Income 2013: -$6,3012013Revenue 2014: $273,154Expenses 2014: $265,050Net Income 2014: $8,1042014Revenue 2015: $308,669Expenses 2015: $288,015Net Income 2015: $20,6542015Revenue 2016: $295,487Expenses 2016: $281,407Net Income 2016: $14,0802016Revenue 2017: $222,755Expenses 2017: $251,677Net Income 2017: -$28,9222017Revenue 2018: $185,660Expenses 2018: $205,469Net Income 2018: -$19,8092018Revenue 2019: $232,443Expenses 2019: $233,910Net Income 2019: -$1,4672019Revenue 2020: $240,867Expenses 2020: $242,080Net Income 2020: -$1,2132020Revenue 2021: $267,980Expenses 2021: $234,491Net Income 2021: $33,4892021Revenue 2022: $343,846Expenses 2022: $327,662Net Income 2022: $16,1842022Revenue 2023: $337,605Expenses 2023: $252,069Net Income 2023: $85,5362023Revenue 2024: $267,163Expenses 2024: $234,615Net Income 2024: $32,5482024Revenue 2025: $266,766Expenses 2025: $298,940Net Income 2025: -$32,1742025

Highlighted filing

2016

Revenue$295,487
Expenses$281,407
Net Income$14,080
Jump To
Filing Snapshot
Filing Period
Jul 1, 2015 to Jun 30, 2016
Signed
Feb 11, 2017
Return Version
2015v3.0
Gross Receipts
$295,487
Mission and Program Overview

Mission

Our mission is to foster collaboration and innovation among schools and communities to support youth and expand their opportunities.

Our mission is to strengthen the communication and cooperation between the community and the Washington Central Supervisory Union school system; to be a resource for alternative funding for these public schools through private fundraising, grants and endowments.

Balance Sheet Detail
LineBeginningEndChange
Assets
Rtn Earn Endowment Incm Other Fnds$98,770$112,850▲ $14,080
Savings and Temporary Cash Investments$99,093$82,342▼ $16,751
Cash and Non-Interest-Bearing Accounts$10,617$27,732▲ $17,115
Accounts Receivable-$10,250-
Land, Buildings, and Equipment, Net$1,350$1,697▲ $347
Other Notes and Loans Receivable, Net$138$0▼ $138
Pledges and Grants Receivable-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Investments in Publicly Traded Securities-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Prepaid Expenses and Deferred Charges-$0-
Total Assets$111,998$122,821▲ $10,823
Other Assets Total$800$800→ $0
Liabilities
Deferred Revenue$10,668--
Accounts Payable and Accrued Expenses$2,559$9,970▲ $7,411
Other Liabilities$1$1→ $0
Total Liabilities$13,228$9,971▼ $3,257
Net Assets / Fund Balance
Total Net Assets Fund Balance$98,770$112,850▲ $14,080
Total Liabilities and Net Assets / Fund Balance$111,998$122,821▲ $10,823

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$1,697$6,317$8,014
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Deb WolfExecutive DirecFT$48,612$8,948$57,560

Board Members and Trustees

NameTitle
Sarah KinterPresident
Karen LiebermannVice President
Adam RosenBoard Member
Bill HainesBoard Member
Sue ClaytonBoard Member
Lisa RubinSecretary
Cort RichardsonTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$245,364
Program Service Revenue
$49,873
Investment Income
$250
Other Revenue
$0
All Other Contributions
$245,364
Change in Net Assets
$14,080
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$235,402
Other Expenses$46,005
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$144,517--$144,517
Current Officers, Directors, Trustees, and Key Employees$40,287$11,319-$51,606
Other Employee Benefits$11,359$10,689-$22,048
Payroll Taxes$16,368$863-$17,231
Occupancy$5,058$6,000-$11,058
All Other Expenses$4,479$219-$4,698
Insurance$2,898$1,492-$4,390
Fees for Services Accounting-$3,358-$3,358
Advertising$2,493--$2,493
Travel$1,976--$1,976
Other Expenses$1,363$224-$1,587
Depreciation Depletion-$909-$909
Fees for Services Other-$703-$703
Total Functional Expenses$245,631$35,776$0$281,407
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
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Rounding$1
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Backup withholding compliance
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
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, Part VI, Line 11B: Form 990 Review Process

990 Reviewed by Board

Form 990, Part VI, Line 12C: Explanation of Monitoring and Enforcement of Conflicts

Considered during board meetings as necessary.

Form 990, Part VI, Line 19: Other Organization Documents Publicly Available

Upon consideration of board

Filing and Contact Details

Filer

Filer Name
Washington Central Friends
EIN
03-0335793
Phone
8022233456
Address
PO Box 324, Montpelier, VT 05601

Signing Officer

Name
Cort Richardson
Title
Treasurer
Signed
2017-02-11
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Deb Wolf
Formed
1992
Legal Domicile
Vt
Voting Board Members
8
Independent Board Members
8
Employees
7
Volunteers
35

Preparer

Firm
Pace and Hawley
Address
PO BOX 603, MONTPELIER, VT 05601-0603
Preparer
Nathan Hawley CPA
Phone
8024612587
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IRS990/OtherRevenueTotalAmt00
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0144517
IRS990/OtherSalariesAndWagesGrp/TotalAmt0144517
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt0138
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt00
IRS990/PartialLiquidationInd0false
IRS990/PaymentsToAffiliatesGrp/TotalAmt00
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt0863
IRS990/PayrollTaxesGrp/ProgramServicesAmt016368
IRS990/PayrollTaxesGrp/TotalAmt017231
IRS990/PensionPlanContributionsGrp/TotalAmt00
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt00
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt00
IRS990/PrincipalOfficerNm0Deb Wolf
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/BusinessCd0541800
IRS990/ProgramServiceRevenueGrp/BusinessCd1541900
IRS990/ProgramServiceRevenueGrp/Desc0Advertising Revenue
IRS990/ProgramServiceRevenueGrp/Desc1Service Revenue
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt018255
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt131618
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt018255
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt131618
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt0270933
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt0211
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt060508
IRS990/PYProgramServiceRevenueAmt037525
IRS990/PYRevenuesLessExpensesAmt020654
IRS990/PYSalariesCompEmpBnftPaidAmt0227507
IRS990/PYTotalExpensesAmt0288015
IRS990/PYTotalRevenueAmt0308669
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt014080
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt098770
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt0112850
IRS990/SavingsAndTempCashInvstGrp/BOYAmt099093
IRS990/SavingsAndTempCashInvstGrp/EOYAmt082342
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0245364
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0270933
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0233757
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0351036
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0369671
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt01470761
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt0250
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt0211
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt0128
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt0114
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt0252
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt0955
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt0246316
IRS990ScheduleA/OtherIncome170Grp/TotalAmt00
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.99940
IRS990ScheduleA/PublicSupportPY170Pct00.99940
IRS990ScheduleA/PublicSupportTotal170Amt01470761
IRS990ScheduleA/SubstantialContributorsTotAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0245364
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0270933
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0233757
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0351036
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0369671
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt01470761
IRS990ScheduleA/TotalSupportAmt01471716
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/TotalAmt00
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd0true
IRS990ScheduleD/EquipmentGrp/BookValueAmt01697
IRS990ScheduleD/EquipmentGrp/DepreciationAmt06317
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt08014
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt01
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0Rounding
IRS990ScheduleD/TotalBookValueLandBuildingsAmt01697
IRS990ScheduleD/TotalLiabilityAmt01
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0990 Reviewed by Board
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Considered during board meetings as necessary.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Upon consideration of board
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Line 11b: Form 990 Review Process
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Line 12c: Explanation of Monitoring and Enforcement of Conflicts
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Line 19: Other Organization Documents Publicly Available
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxableDistributionsInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt0111998
IRS990/TotalAssetsEOYAmt0122821
IRS990/TotalAssetsGrp/BOYAmt0111998
IRS990/TotalAssetsGrp/EOYAmt0122821
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt0245364
IRS990/TotalEmployeeCnt07
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt035776
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0245631
IRS990/TotalFunctionalExpensesGrp/TotalAmt0281407
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt013228
IRS990/TotalLiabilitiesEOYAmt09971
IRS990/TotalLiabilitiesGrp/BOYAmt013228
IRS990/TotalLiabilitiesGrp/EOYAmt09971
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt098770
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0112850
IRS990/TotalOtherCompensationAmt08948
IRS990/TotalProgramServiceExpensesAmt0245631
IRS990/TotalProgramServiceRevenueAmt049873
IRS990/TotalReportableCompFromOrgAmt048612
IRS990/TotalRevenueGrp/ExclusionAmt0250
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt049873
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0295487
IRS990/TotalVolunteersCnt035
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0111998

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$2.02$0.05$1.97$2.67$2.99$0.32
2024Detailed filing. Detailed filing data is available for this year.$2.32$0.03$2.29$2.67$2.35$0.33
2023Detailed filing. Detailed filing data is available for this year.$1.99$0.03$1.97$3.38$2.52$0.86
2022Detailed filing. Detailed filing data is available for this year.$1.14$0.03$1.11$3.44$3.28$0.16
2021Detailed filing. Detailed filing data is available for this year.$1.03$0.08$0.95$2.68$2.34$0.33
2020Detailed filing. Detailed filing data is available for this year.$1.08$0.46$0.61$2.41$2.42$0.01
2019Detailed filing. Detailed filing data is available for this year.$0.67$0.04$0.63$2.32$2.34$0.01
2018Detailed filing. Detailed filing data is available for this year.$0.68$0.03$0.64$1.86$2.05$0.20
2017Detailed filing. Detailed filing data is available for this year.$0.86$0.02$0.84$2.23$2.52$0.29
2016Detailed filing. Detailed filing data is available for this year.$1.23$0.10$1.13$2.95$2.81$0.14
2015Summary only. Only limited summary data is available for this year.$1.12$0.13$0.99$3.09$2.88$0.21
2014Summary only. Only limited summary data is available for this year.$1.03$0.25$0.78$2.73$2.65$0.08
2013Summary only. Only limited summary data is available for this year.$0.77$0.07$0.70$4.04$4.10$0.06
2012Summary only. Only limited summary data is available for this year.$0.86$0.10$0.76$4.37$4.16$0.20
2011Summary only. Only limited summary data is available for this year.$0.65$0.02$0.63$4.56$4.23$0.33