Civic Intelligence

Readsboro Preschool Inc

990EZ • Fiscal year 2015 • EIN 03-0355128

Jul 01, 2014 to Jun 30, 2015 • Filed on Nov 25, 2015

PO Box 149Readsboro, VT 05350

(802) 423-5100

Siviq Scores

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

Liabilities / Assets

81st percentile

0.18x

Higher debt load relative to assets than 81% of similar nonprofits.

2015 filings • 501(c)3 • <$500k nonprofits • Source year 2015

Liabilities / Revenue

73rd percentile

0.03x

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

2015 filings • 501(c)3 • <$500k nonprofits • Source year 2015

Net Margin

38th percentile

-1.0%

Higher net margin than 38% of similar nonprofits.

2015 filings • 501(c)3 • <$500k nonprofits • Source year 2015

Top Officer Pay

75th percentile

$0

Higher top officer pay than 75% of similar nonprofits.

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

2015 filings • 501(c)3 • <$500k nonprofits • Source year 2015

Asset Growth

37th percentile

-4.1%

Faster asset growth than 37% of similar nonprofits.

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

Revenue Growth

45th percentile

-2.0%

Faster revenue growth than 45% of similar nonprofits.

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

Assets

Down

$20,894

Down $901 (-4.1%) from 2014

Net Assets

Down

$17,090

Down $1,184 (-6.5%) from 2014

Liabilities

Up

$3,804

Up $283 (+8.0%) from 2014

Revenue

Down

$114,241

Down $2,351 (-2.0%) from 2014

Expenses

Up

$115,425

Up $57 (+0.0%) from 2014

Net Income

Down

-$1,184

Down $2,408 (-197%) from 2014

Historical Trend

Balance Sheet Trend

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

$40K$30K$20K$10K$0Assets 2010: $25,059Liabilities 2010: $3,211Net Assets 2010: $21,8482010Assets 2011: $30,570Liabilities 2011: $6,4372011Assets 2012: $17,884Liabilities 2012: $2,328Net Assets 2012: $15,5562012Assets 2013: $21,123Liabilities 2013: $4,073Net Assets 2013: $17,0502013Assets 2014: $21,795Liabilities 2014: $3,521Net Assets 2014: $18,2742014Assets 2015: $20,894Liabilities 2015: $3,804Net Assets 2015: $17,0902015Assets 2016: $18,386Liabilities 2016: $2,246Net Assets 2016: $16,1402016Assets 2017: $34,525Liabilities 2017: $2,878Net Assets 2017: $31,6472017Assets 2018: $35,308Liabilities 2018: $2,325Net Assets 2018: $32,9832018Assets 2019: $26,925Liabilities 2019: $2,840Net Assets 2019: $24,0852019Assets 2020: $26,248Liabilities 2020: $1,947Net Assets 2020: $24,3012020Assets 2021: $30,862Liabilities 2021: $4,450Net Assets 2021: $26,4122021Assets 2022: $0Net Assets 2022: $02022

Highlighted filing

2015

Assets$20,894
Liabilities$3,804
Net Assets$17,090

Operations Trend

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

$150K$100K$50K$0-$50KRevenue 2010: $93,328Expenses 2010: $93,694Net Income 2010: -$3662010Revenue 2011: $85,053Expenses 2011: $82,768Net Income 2011: $2,2852011Revenue 2012: $83,549Expenses 2012: $92,126Net Income 2012: -$8,5772012Revenue 2013: $103,703Expenses 2013: $102,209Net Income 2013: $1,4942013Revenue 2014: $116,592Expenses 2014: $115,368Net Income 2014: $1,2242014Revenue 2015: $114,241Expenses 2015: $115,425Net Income 2015: -$1,1842015Revenue 2016: $117,652Expenses 2016: $118,602Net Income 2016: -$9502016Revenue 2017: $130,560Expenses 2017: $115,053Net Income 2017: $15,5072017Revenue 2018: $123,245Expenses 2018: $121,909Net Income 2018: $1,3362018Revenue 2019: $125,870Expenses 2019: $134,768Net Income 2019: -$8,8982019Revenue 2020: $117,058Expenses 2020: $116,842Net Income 2020: $2162020Revenue 2021: $133,812Expenses 2021: $119,101Net Income 2021: $14,7112021Revenue 2022: $83,751Expenses 2022: $110,163Net Income 2022: -$26,4122022

Highlighted filing

2015

Revenue$114,241
Expenses$115,425
Net Income-$1,184
Jump To
Filing Snapshot
Filing Period
Jul 1, 2014 to Jun 30, 2015
Signed
Nov 25, 2015
Return Version
2014v6.0
Gross Receipts
$114,241
Mission and Program Overview

Mission

The primary exempt purpose of the organization is the education of preschool children.

Program Services

DescriptionGrantsExpenses
TO HAVE CHILDREN INTERACT IN A SOCIALLY ACCEPTABLE WAY AND TO HAVE THE ORGANIZATION MAKE A POSITIVE PRESENCE IN THE COMMUNITY. 41 CHILDREN AND 64 PARENTS WERE SERVED BY THE ORGANIZATION.-$110,378
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
-President-$0--
-Treasurer-$0--
-Secretary-$0--
MOLLY FROSTDirector-$0--
Filing and Contact Details

Filer

Filer Name
Readsboro Preschool Inc
EIN
03-0355128
Phone
8024235100
Address
PO BOX 149, READSBORO, VT 05350

Signing Officer

Name
Denise Rondeau
Title
Treasurer
Phone
8024235100
Signed
2015-11-25
Discuss with paid preparer
Yes

Preparer

Firm
Smith Watson & Co Llp
Address
85 MAIN ST STE 111, NORTH ADAMS, MA 01247-3429
Preparer
Bryon M Sherman
Phone
4136644650
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 16

Expenses advertising expense 40 office 869 postage 114 supplies 811 insurance 2,714 food 5,674 operations 109 field trips 143 contracted services 1,128 operations - toys and boo 523 uncategorized expenses 89 bank charges 45 staff development 180 penalties 140 clearing account 35 total 12,614

Form 990-ez, Part II, Line 24

Accounts receivable 1,608 4,650 total 1,608 4,650

Form 990-ez, Part II, Line 26

Accounts payable and accrued expenses 2,497 2,347 deferred revenue 1,024 1,457

Form 990-ez, Part III

The primary exempt purpose of the organization is the education of preschool children.

Form 990-ez, Part III, Line 28

To have children interact in a socially acceptable way and to have the organization make a positive presence in the community. 41 children and 64 parents were served by the organization.

Raw XML Appendix123 raw XML fields

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

Path#Value
IRS990EZ/ActivitiesNotPreviouslyRptInd0false
IRS990EZ/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0DENISE RONDEAU
IRS990EZ/BooksInCareOfDetail/PhoneNum08326941411
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt0276 ARCADIA DRIVE
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0STAMFORD
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0VT
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd005350
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt020187
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt016244
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/ContributionsGiftsGrantsEtcAmt0108906
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/EngagedInExcessBenefitTransInd0false
IRS990EZ/ExcessOrDeficitForYearAmt0-1184
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt02148
IRS990EZ/FiledScheduleAInd0true
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt021795
IRS990EZ/Form990TotalAssetsGrp/EOYAmt020894
IRS990EZ/FundraisingGrossIncomeAmt0527
IRS990EZ/GrossReceiptsAmt0114241
IRS990EZ/InfoInScheduleOPartIIIInd0X
IRS990EZ/InfoInScheduleOPartIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/InvestmentIncomeAmt02
IRS990EZ/LobbyingActivitiesInd0false
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt018274
IRS990EZ/NetAssetsOrFundBalancesEOYAmt017090
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt018274
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt017090
IRS990EZ/OccupancyRentUtltsAndMaintAmt021471
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt0000.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt1000.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt2000.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt3000.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/BusinessName/BusinessNameLine1Txt0FRANCES BUSA
IRS990EZ/OfficerDirectorTrusteeEmplGrp/BusinessName/BusinessNameLine1Txt1DENISE RONDEAU
IRS990EZ/OfficerDirectorTrusteeEmplGrp/BusinessName/BusinessNameLine1Txt2CYNTHIA WEISS
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0MOLLY FROST
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1TREASURER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2SECRETARY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3DIRECTOR
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherAssetsTotalDetail/BOYAmt01608
IRS990EZ/OtherAssetsTotalDetail/EOYAmt04650
IRS990EZ/OtherExpensesTotalAmt012614
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0THE PRIMARY EXEMPT PURPOSE OF THE ORGANIZATION IS THE EDUCATION OF PRESCHOOL CHILDREN.
IRS990EZ/PrintingPublicationsPostageAmt0320
IRS990EZ/ProgramServiceRevenueAmt04806
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0TO HAVE CHILDREN INTERACT IN A SOCIALLY ACCEPTABLE WAY AND TO HAVE THE ORGANIZATION MAKE A POSITIVE PRESENCE IN THE COMMUNITY. 41 CHILDREN AND 64 PARENTS WERE SERVED BY THE ORGANIZATION.
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt0110378
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/SalariesOtherCompEmplBnftAmt078872
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/SpecialEventsNetIncomeLossAmt0527
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt03521
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt03804
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt0115425
IRS990EZ/TotalProgramServiceExpensesAmt0110378
IRS990EZ/TotalRevenueAmt0114241
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0N/A
IRS990ScheduleA/SchoolInd0X
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0EXPENSES ADVERTISING EXPENSE 40 OFFICE 869 POSTAGE 114 SUPPLIES 811 INSURANCE 2,714 FOOD 5,674 OPERATIONS 109 FIELD TRIPS 143 CONTRACTED SERVICES 1,128 OPERATIONS - TOYS AND BOO 523 UNCATEGORIZED EXPENSES 89 BANK CHARGES 45 STAFF DEVELOPMENT 180 PENALTIES 140 CLEARING ACCOUNT 35 TOTAL 12,614
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1ACCOUNTS RECEIVABLE 1,608 4,650 TOTAL 1,608 4,650
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2ACCOUNTS PAYABLE AND ACCRUED EXPENSES 2,497 2,347 DEFERRED REVENUE 1,024 1,457
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE PRIMARY EXEMPT PURPOSE OF THE ORGANIZATION IS THE EDUCATION OF PRESCHOOL CHILDREN.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4TO HAVE CHILDREN INTERACT IN A SOCIALLY ACCEPTABLE WAY AND TO HAVE THE ORGANIZATION MAKE A POSITIVE PRESENCE IN THE COMMUNITY. 41 CHILDREN AND 64 PARENTS WERE SERVED BY THE ORGANIZATION.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART II, LINE 24
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART II, LINE 26
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990-EZ, PART III
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990-EZ, PART III, LINE 28
ReturnHeader/BuildTS02016-08-17 19:52:53Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0DENISE RONDEAU
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0TREASURER
ReturnHeader/BusinessOfficerGrp/PhoneNum08024235100
ReturnHeader/BusinessOfficerGrp/SignatureDt02015-11-25
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0READSBORO PRESCHOOL INC
ReturnHeader/Filer/BusinessNameControlTxt0READ
ReturnHeader/Filer/EIN0030355128
ReturnHeader/Filer/PhoneNum08024235100
ReturnHeader/Filer/USAddress/AddressLine1Txt0PO BOX 149
ReturnHeader/Filer/USAddress/CityNm0READSBORO
ReturnHeader/Filer/USAddress/StateAbbreviationCd0VT
ReturnHeader/Filer/USAddress/ZIPCd005350
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0042530803
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0SMITH WATSON & CO LLP
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt085 MAIN ST STE 111
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0NORTH ADAMS
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0MA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0012473429
ReturnHeader/PreparerPersonGrp/PhoneNum04136644650
ReturnHeader/PreparerPersonGrp/PreparationDt02016-05-10
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0BRYON M SHERMAN
ReturnHeader/PreparerPersonGrp/SelfEmployedInd0X
ReturnHeader/ReturnTs02016-05-10T10:21:37-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02014-07-01
ReturnHeader/TaxPeriodEndDt02015-06-30
ReturnHeader/TaxYr02014

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2022Detailed filing. Detailed filing data is available for this year.$0.00$0.00$0.84$1.10$0.26
2021Detailed filing. Detailed filing data is available for this year.$0.31$0.04$0.26$1.34$1.19$0.15
2020Detailed filing. Detailed filing data is available for this year.$0.26$0.02$0.24$1.17$1.17$0.00
2019Detailed filing. Detailed filing data is available for this year.$0.27$0.03$0.24$1.26$1.35$0.09
2018Detailed filing. Detailed filing data is available for this year.$0.35$0.02$0.33$1.23$1.22$0.01
2017Detailed filing. Detailed filing data is available for this year.$0.35$0.03$0.32$1.31$1.15$0.16
2016Detailed filing. Detailed filing data is available for this year.$0.18$0.02$0.16$1.18$1.19$0.01
2015Detailed filing. Detailed filing data is available for this year.$0.21$0.04$0.17$1.14$1.15$0.01
2014Detailed filing. Detailed filing data is available for this year.$0.22$0.04$0.18$1.17$1.15$0.01
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.21$0.04$0.17$1.04$1.02$0.01
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.18$0.02$0.16$0.84$0.92$0.09
2011Summary only. Only limited summary data is available for this year.$0.31$0.06$0.85$0.83$0.02
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.25$0.03$0.22$0.93$0.94$0.00