Civic Intelligence

Readsboro Preschool Inc

990EZ • Fiscal year 2017 • EIN 03-0355128

Jul 01, 2016 to Jun 30, 2017 • Filed on Nov 15, 2017

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

76th percentile

0.08x

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

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

Liabilities / Revenue

70th percentile

0.02x

Higher debt load relative to revenue than 70% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

Net Margin

66th percentile

12%

Higher net margin than 66% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

Top Officer Pay

76th percentile

$0

Higher top officer pay than 76% of similar nonprofits.

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

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

Asset Growth

90th percentile

88%

Faster asset growth than 90% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Annualized from 2016 to 2017

Revenue Growth

64th percentile

11%

Faster revenue growth than 64% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Annualized from 2016 to 2017

Assets

Up

$34,525

Up $16,139 (+88%) from 2016

Net Assets

Up

$31,647

Up $15,507 (+96%) from 2016

Liabilities

Up

$2,878

Up $632 (+28%) from 2016

Revenue

Up

$130,560

Up $12,908 (+11%) from 2016

Expenses

Down

$115,053

Down $3,549 (-3.0%) from 2016

Net Income

Up

$15,507

Up $16,457 (+1732%) from 2016

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

2017

Assets$34,525
Liabilities$2,878
Net Assets$31,647

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

2017

Revenue$130,560
Expenses$115,053
Net Income$15,507
Jump To
Filing Snapshot
Filing Period
Jul 1, 2016 to Jun 30, 2017
Signed
Nov 15, 2017
Return Version
2016v3.0
Gross Receipts
$130,560
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. 25 CHILDREN AND 30 PARENTS WERE SERVED BY THE ORGANIZATION.-$111,138
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
-President-$0--
-Director-$0--
-Treasurer-$0--
REBECCA WALKERDirector-$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
Frances Busa
Title
President
Phone
8024235100
Signed
2017-11-15
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 45 office 1,203 postage 110 supplies 590 insurance 3,585 food 4,870 operations 65 staff developement 503 benefits 287 equip rental and maintena 1,084 computer 100 conferences and meetings 40 operations - furniture 1,077 playground 427 operations - toys and boo 44 total 14,030

Form 990-ez, Part II, Line 24

Accounts receivable 10,412 8,364 total 10,412 8,364

Form 990-ez, Part II, Line 26

Accounts payable and accrued expenses 2,202 2,765 deferred revenue 44 113

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. 25 children and 30 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/PersonNm0ABBIE CORSE
IRS990EZ/BooksInCareOfDetail/PhoneNum08024235100
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt0PO BOX 149
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0READSBORO
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0VT
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd005350
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt07974
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt026161
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/ContributionsGiftsGrantsEtcAmt0103774
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/EngagedInExcessBenefitTransInd0false
IRS990EZ/ExcessOrDeficitForYearAmt015507
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt01050
IRS990EZ/FiledScheduleAInd0true
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt018386
IRS990EZ/Form990TotalAssetsGrp/EOYAmt034525
IRS990EZ/GrossReceiptsAmt0130560
IRS990EZ/InfoInScheduleOPartIIIInd0X
IRS990EZ/InfoInScheduleOPartIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/InvestmentIncomeAmt01
IRS990EZ/LobbyingActivitiesInd0false
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt016140
IRS990EZ/NetAssetsOrFundBalancesEOYAmt031647
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt016140
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt031647
IRS990EZ/OccupancyRentUtltsAndMaintAmt020311
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt0000.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt1000.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt2000.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt3000.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/BusinessName/BusinessNameLine1Txt0FRANCES BUSA
IRS990EZ/OfficerDirectorTrusteeEmplGrp/BusinessName/BusinessNameLine1Txt1KRISTY BIRCH
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/BusinessName/BusinessNameLine2Txt0KRISTY BIRCH
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0REBECCA WALKER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2TREASURER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3DIRECTOR
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherAssetsTotalDetail/BOYAmt010412
IRS990EZ/OtherAssetsTotalDetail/EOYAmt08364
IRS990EZ/OtherExpensesTotalAmt014030
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0THE PRIMARY EXEMPT PURPOSE OF THE ORGANIZATION IS THE EDUCATION OF PRESCHOOL CHILDREN.
IRS990EZ/ProgramServiceRevenueAmt026785
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0TO HAVE CHILDREN INTERACT IN A SOCIALLY ACCEPTABLE WAY AND TO HAVE THE ORGANIZATION MAKE A POSITIVE PRESENCE IN THE COMMUNITY. 25 CHILDREN AND 30 PARENTS WERE SERVED BY THE ORGANIZATION.
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt0111138
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/SalariesOtherCompEmplBnftAmt079662
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt02246
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt02878
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt0115053
IRS990EZ/TotalProgramServiceExpensesAmt0111138
IRS990EZ/TotalRevenueAmt0130560
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0N/A
IRS990ScheduleA/SchoolInd0X
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0EXPENSES ADVERTISING EXPENSE 45 OFFICE 1,203 POSTAGE 110 SUPPLIES 590 INSURANCE 3,585 FOOD 4,870 OPERATIONS 65 STAFF DEVELOPEMENT 503 BENEFITS 287 EQUIP RENTAL AND MAINTENA 1,084 COMPUTER 100 CONFERENCES AND MEETINGS 40 OPERATIONS - FURNITURE 1,077 PLAYGROUND 427 OPERATIONS - TOYS AND BOO 44 TOTAL 14,030
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1ACCOUNTS RECEIVABLE 10,412 8,364 TOTAL 10,412 8,364
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2ACCOUNTS PAYABLE AND ACCRUED EXPENSES 2,202 2,765 DEFERRED REVENUE 44 113
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. 25 CHILDREN AND 30 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/BuildTS02018-03-14 21:41:22Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0FRANCES BUSA
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum08024235100
ReturnHeader/BusinessOfficerGrp/SignatureDt02017-11-15
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/FilingSecurityInformation/AtSubmissionCreationDeviceId01C196688A2CA714784FDFFC8C264CC80F338CE36
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId0AFB5F2223C4B292A982AB18322EFE325887FE94D
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/PreparationDt02017-11-27
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0BRYON M SHERMAN
ReturnHeader/PreparerPersonGrp/SelfEmployedInd0X
ReturnHeader/ReturnTs02017-12-19T09:36:46-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02016-07-01
ReturnHeader/TaxPeriodEndDt02017-06-30
ReturnHeader/TaxYr02016

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