Civic Intelligence

Readsboro Preschool Inc

990EZ • Fiscal year 2018 • EIN 03-0355128

Jul 01, 2017 to Jun 30, 2018 • Filed on Nov 15, 2018

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

75th percentile

0.07x

Higher debt load relative to assets than 75% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

Liabilities / Revenue

69th percentile

0.02x

Higher debt load relative to revenue than 69% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

Net Margin

45th percentile

1.1%

Higher net margin than 45% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

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.

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

Asset Growth

52nd percentile

2.3%

Faster asset growth than 52% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Annualized from 2017 to 2018

Revenue Growth

40th percentile

-5.6%

Faster revenue growth than 40% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Annualized from 2017 to 2018

Assets

Up

$35,308

Up $783 (+2.3%) from 2017

Net Assets

Up

$32,983

Up $1,336 (+4.2%) from 2017

Liabilities

Down

$2,325

Down $553 (-19%) from 2017

Revenue

Down

$123,245

Down $7,315 (-5.6%) from 2017

Expenses

Up

$121,909

Up $6,856 (+6.0%) from 2017

Net Income

Down

$1,336

Down $14,171 (-91%) from 2017

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

2018

Assets$35,308
Liabilities$2,325
Net Assets$32,983

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

2018

Revenue$123,245
Expenses$121,909
Net Income$1,336
Jump To
Filing Snapshot
Filing Period
Jul 1, 2017 to Jun 30, 2018
Signed
Nov 15, 2018
Return Version
2017v2.3
Gross Receipts
$123,245
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. 30 CHILDREN AND 35 PARENTS WERE SERVED BY THE ORGANIZATION.-$116,458
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
-President-$0--
-Director-$0--
-Treasurer-$0--
FELICIA MIZULADirector-$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
2018-11-15
Discuss with paid preparer
Yes

Preparer

Firm
Smith Watson & Co Llp
Address
7 NORTH ST SUITE 205, PITTSFIELD, MA 01201
Preparer
Bryon M Sherman
Phone
4134649940
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 8

Fundraisers 1,500 total 1,500

Form 990-ez, Part I, Line 16

Expenses advertising expense 98 office 962 postage 118 supplies 1,559 travel and meetings 334 insurance 3,171 food 4,817 operations 131 staff developement 197 benefits 959 equip rental and maintena 364 computer 50 playground 375 operations - toys and boo 679 dues and subscriptions 48 field trips 176 business registration fee 20 sub pay 811 total 14,869

Form 990-ez, Part II, Line 24

Accounts receivable 8,364 19,253 total 8,364 19,253

Form 990-ez, Part II, Line 26

Accounts payable and accrued expenses 2,765 2,278 deferred revenue 113 47

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. 30 children and 35 parents were served by the organization.

Raw XML Appendix130 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/BOYAmt026161
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt016055
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/ContributionsGiftsGrantsEtcAmt088612
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/EngagedInExcessBenefitTransInd0false
IRS990EZ/ExcessOrDeficitForYearAmt01336
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt01100
IRS990EZ/FiledScheduleAInd0true
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IRS990EZ/Form1120PolFiledInd0false
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IRS990EZ/GrossReceiptsAmt0123245
IRS990EZ/InfoInScheduleOPartIIIInd0X
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IRS990EZ/LobbyingActivitiesInd0false
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt031647
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt3000.00
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0FELICIA MIZULA
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2TREASURER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3DIRECTOR
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherAssetsTotalDetail/BOYAmt08364
IRS990EZ/OtherAssetsTotalDetail/EOYAmt019253
IRS990EZ/OtherExpensesTotalAmt014869
IRS990EZ/OtherRevenueTotalAmt01500
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0THE PRIMARY EXEMPT PURPOSE OF THE ORGANIZATION IS THE EDUCATION OF PRESCHOOL CHILDREN.
IRS990EZ/ProgramServiceRevenueAmt033132
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0TO HAVE CHILDREN INTERACT IN A SOCIALLY ACCEPTABLE WAY AND TO HAVE THE ORGANIZATION MAKE A POSITIVE PRESENCE IN THE COMMUNITY. 30 CHILDREN AND 35 PARENTS WERE SERVED BY THE ORGANIZATION.
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt0116458
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/SalariesOtherCompEmplBnftAmt083129
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt02878
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt02325
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt0121909
IRS990EZ/TotalProgramServiceExpensesAmt0116458
IRS990EZ/TotalRevenueAmt0123245
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0N/A
IRS990ScheduleA/SchoolInd0X
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0FUNDRAISERS 1,500 TOTAL 1,500
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1EXPENSES ADVERTISING EXPENSE 98 OFFICE 962 POSTAGE 118 SUPPLIES 1,559 TRAVEL AND MEETINGS 334 INSURANCE 3,171 FOOD 4,817 OPERATIONS 131 STAFF DEVELOPEMENT 197 BENEFITS 959 EQUIP RENTAL AND MAINTENA 364 COMPUTER 50 PLAYGROUND 375 OPERATIONS - TOYS AND BOO 679 DUES AND SUBSCRIPTIONS 48 FIELD TRIPS 176 BUSINESS REGISTRATION FEE 20 SUB PAY 811 TOTAL 14,869
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2ACCOUNTS RECEIVABLE 8,364 19,253 TOTAL 8,364 19,253
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3ACCOUNTS PAYABLE AND ACCRUED EXPENSES 2,765 2,278 DEFERRED REVENUE 113 47
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE PRIMARY EXEMPT PURPOSE OF THE ORGANIZATION IS THE EDUCATION OF PRESCHOOL CHILDREN.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5TO HAVE CHILDREN INTERACT IN A SOCIALLY ACCEPTABLE WAY AND TO HAVE THE ORGANIZATION MAKE A POSITIVE PRESENCE IN THE COMMUNITY. 30 CHILDREN AND 35 PARENTS WERE SERVED BY THE ORGANIZATION.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 8
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART I, LINE 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART II, LINE 24
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990-EZ, PART II, LINE 26
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990-EZ, PART III
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990-EZ, PART III, LINE 28
ReturnHeader/BuildTS02019-02-21 02:37:17Z
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ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum08024235100
ReturnHeader/BusinessOfficerGrp/SignatureDt02018-11-15
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0READSBORO PRESCHOOL INC
ReturnHeader/Filer/BusinessNameControlTxt0READ
ReturnHeader/Filer/EIN0030355128
ReturnHeader/Filer/PhoneNum08024235100
ReturnHeader/Filer/USAddress/AddressLine1Txt0PO BOX 149
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ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt0167.68.16.49
ReturnHeader/FilingSecurityInformation/IPDt02019-01-15
ReturnHeader/FilingSecurityInformation/IPTimezoneCd0CS
ReturnHeader/FilingSecurityInformation/IPTm012:10:17
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0042530803
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0SMITH WATSON & CO LLP
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt07 NORTH ST SUITE 205
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0PITTSFIELD
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0MA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd001201
ReturnHeader/PreparerPersonGrp/PhoneNum04134649940
ReturnHeader/PreparerPersonGrp/PreparationDt02019-01-11
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0BRYON M SHERMAN
ReturnHeader/PreparerPersonGrp/SelfEmployedInd0X
ReturnHeader/ReturnTs02019-01-15T12:10:17-06:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02017-07-01
ReturnHeader/TaxPeriodEndDt02018-06-30
ReturnHeader/TaxYr02017

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