Liabilities / Assets
79th percentile
Higher debt load relative to assets than 79% of similar nonprofits.
Siviq Scores
Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.
0.11x
Liabilities / Revenue
71st percentile
Higher debt load relative to revenue than 71% of similar nonprofits.
Net Margin
27th percentile
Higher net margin than 27% of similar nonprofits.
Top Officer Pay
77th percentile
Higher top officer pay than 77% of similar nonprofits.
Top officer pay equals 0.0% of source-year revenue.
Asset Growth
18th percentile
Faster asset growth than 18% of similar nonprofits.
Revenue Growth
52nd percentile
Faster revenue growth than 52% of similar nonprofits.
Balance Sheet
Assets
Down$26,925
Down $8,383 (-24%) from 2018
Net Assets
Down$24,085
Down $8,898 (-27%) from 2018
Liabilities
Up$2,840
Up $515 (+22%) from 2018
Revenue And Expenses
Revenue
Up$125,870
Up $2,625 (+2.1%) from 2018
Expenses
Up$134,768
Up $12,859 (+11%) from 2018
Net Income
Down-$8,898
Down $10,234 (-766%) from 2018
Historical Trend
Jump To
Filing Snapshot
- Filing Period
- Jul 1, 2018 to Jun 30, 2019
- Signed
- Oct 31, 2019
- Return Version
- 2018v3.1
- Gross Receipts
- $125,870
Mission and Program Overview
Mission
The primary exempt purpose of the organization is the education of preschool children.
Program Services
| Description | Grants | Expenses |
|---|---|---|
| TO HAVE CHILDREN INTERACT IN A SOCIALLY ACCEPTABLE WAY AND TO HAVE THE ORGANIZATION MAKE A POSITIVE PRESENCE IN THE COMMUNITY. 28 CHILDREN AND 32 PARENTS WERE SERVED BY THE ORGANIZATION. | - | $133,031 |
Compensation and Service Providers
Employees
| Name | Title | Full / Part Time | Base | Other | Total |
|---|---|---|---|---|---|
| - | President | PT | $0 | - | - |
| - | Director | - | $0 | - | - |
| ALISON CLAUSNITZER-LANE | Director | - | $0 | - | - |
| LINDSAY BLEAU | Director | - | $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
- 2019-10-31
- 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 389 total 389”
Form 990-ez, Part I, Line 16
“Expenses advertising expense 45 office 1,406 postage 105 supplies 848 insurance 3,325 food 6,339 operations 425 staff developement 15 benefits 473 equip rental and maintena 674 computer 50 playground 65 operations - toys and boo 842 dues and subscriptions 71 creative crafts 10 uncategorized expenses 132 memberships and dues 144 total 14,969”
Form 990-ez, Part II, Line 24
“Accounts receivable 19,253 2,032 total 19,253 2,032”
Form 990-ez, Part II, Line 26
“Accounts payable and accrued expenses 2,278 1,979 deferred revenue 47 201 berkshire bank cc 0 660”
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. 28 children and 32 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/ActivitiesNotPreviouslyRptInd | 0 | false |
| IRS990EZ/BooksInCareOfDetail/PersonNm | 0 | ABBIE CORSE |
| IRS990EZ/BooksInCareOfDetail/PhoneNum | 0 | 8024235100 |
| IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt | 0 | PO BOX 149 |
| IRS990EZ/BooksInCareOfDetail/USAddress/CityNm | 0 | READSBORO |
| IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd | 0 | VT |
| IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd | 0 | 05350 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt | 0 | 16055 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt | 0 | 24893 |
| IRS990EZ/ChgMadeToOrgnzngDocNotRptInd | 0 | false |
| IRS990EZ/ContributionsGiftsGrantsEtcAmt | 0 | 100620 |
| IRS990EZ/DonorAdvisedFndsInd | 0 | false |
| IRS990EZ/EngagedInExcessBenefitTransInd | 0 | false |
| IRS990EZ/ExcessOrDeficitForYearAmt | 0 | -8898 |
| IRS990EZ/FeesAndOtherPymtToIndCntrctAmt | 0 | 2951 |
| IRS990EZ/FiledScheduleAInd | 0 | true |
| IRS990EZ/ForeignFinancialAccountInd | 0 | false |
| IRS990EZ/ForeignOfficeInd | 0 | false |
| IRS990EZ/Form1120PolFiledInd | 0 | false |
| IRS990EZ/Form990TotalAssetsGrp/BOYAmt | 0 | 35308 |
| IRS990EZ/Form990TotalAssetsGrp/EOYAmt | 0 | 26925 |
| IRS990EZ/GrossReceiptsAmt | 0 | 125870 |
| IRS990EZ/InfoInScheduleOPartIIIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartIIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartIInd | 0 | X |
| IRS990EZ/InvestmentIncomeAmt | 0 | 1 |
| IRS990EZ/LobbyingActivitiesInd | 0 | false |
| IRS990EZ/MadeLoansToFromOfficersInd | 0 | false |
| IRS990EZ/MethodOfAccountingCashInd | 0 | X |
| IRS990EZ/NetAssetsOrFundBalancesBOYAmt | 0 | 32983 |
| IRS990EZ/NetAssetsOrFundBalancesEOYAmt | 0 | 24085 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt | 0 | 32983 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt | 0 | 24085 |
| IRS990EZ/OccupancyRentUtltsAndMaintAmt | 0 | 19633 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 0 | 5.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 1 | 2.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 2 | 2.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 3 | 2.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/BusinessName/BusinessNameLine1Txt | 0 | FRANCES BUSA |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/BusinessName/BusinessNameLine1Txt | 1 | KRISTY COREY |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 1 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 2 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 3 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 0 | ALISON CLAUSNITZER-LANE |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 1 | LINDSAY BLEAU |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 0 | PRESIDENT |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 1 | DIRECTOR |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 2 | DIRECTOR |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 3 | DIRECTOR |
| IRS990EZ/OperateHospitalInd | 0 | false |
| IRS990EZ/Organization501c3Ind | 0 | X |
| IRS990EZ/OrganizationDissolvedEtcInd | 0 | false |
| IRS990EZ/OrganizationHadUBIInd | 0 | false |
| IRS990EZ/OtherAssetsTotalDetail/BOYAmt | 0 | 19253 |
| IRS990EZ/OtherAssetsTotalDetail/EOYAmt | 0 | 2032 |
| IRS990EZ/OtherExpensesTotalAmt | 0 | 14969 |
| IRS990EZ/OtherRevenueTotalAmt | 0 | 389 |
| IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt | 0 | NONE |
| IRS990EZ/PartVIOfCompOfHghstPdEmplTxt | 0 | NONE |
| IRS990EZ/PoliticalCampaignActyInd | 0 | false |
| IRS990EZ/PrimaryExemptPurposeTxt | 0 | THE PRIMARY EXEMPT PURPOSE OF THE ORGANIZATION IS THE EDUCATION OF PRESCHOOL CHILDREN. |
| IRS990EZ/ProgramServiceRevenueAmt | 0 | 24860 |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt | 0 | TO HAVE CHILDREN INTERACT IN A SOCIALLY ACCEPTABLE WAY AND TO HAVE THE ORGANIZATION MAKE A POSITIVE PRESENCE IN THE COMMUNITY. 28 CHILDREN AND 32 PARENTS WERE SERVED BY THE ORGANIZATION. |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt | 0 | 133031 |
| IRS990EZ/ProhibitedTaxShelterTransInd | 0 | false |
| IRS990EZ/RelatedOrganizationCtrlEntInd | 0 | false |
| IRS990EZ/SalariesOtherCompEmplBnftAmt | 0 | 97215 |
| IRS990EZ/ScheduleBNotRequiredInd | 0 | X |
| IRS990EZ/SchoolOperatingInd | 0 | false |
| IRS990EZ/SubjectToProxyTaxInd | 0 | false |
| IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt | 0 | 2325 |
| IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt | 0 | 2840 |
| IRS990EZ/TanningServicesProvidedInd | 0 | false |
| IRS990EZ/TotalExpensesAmt | 0 | 134768 |
| IRS990EZ/TotalProgramServiceExpensesAmt | 0 | 133031 |
| IRS990EZ/TotalRevenueAmt | 0 | 125870 |
| IRS990EZ/TransactionWithControlEntInd | 0 | false |
| IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd | 0 | false |
| IRS990EZ/TypeOfOrganizationCorpInd | 0 | X |
| IRS990EZ/WebsiteAddressTxt | 0 | N/A |
| IRS990ScheduleA/SchoolInd | 0 | X |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | FUNDRAISERS 389 TOTAL 389 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | EXPENSES ADVERTISING EXPENSE 45 OFFICE 1,406 POSTAGE 105 SUPPLIES 848 INSURANCE 3,325 FOOD 6,339 OPERATIONS 425 STAFF DEVELOPEMENT 15 BENEFITS 473 EQUIP RENTAL AND MAINTENA 674 COMPUTER 50 PLAYGROUND 65 OPERATIONS - TOYS AND BOO 842 DUES AND SUBSCRIPTIONS 71 CREATIVE CRAFTS 10 UNCATEGORIZED EXPENSES 132 MEMBERSHIPS AND DUES 144 TOTAL 14,969 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | ACCOUNTS RECEIVABLE 19,253 2,032 TOTAL 19,253 2,032 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | ACCOUNTS PAYABLE AND ACCRUED EXPENSES 2,278 1,979 DEFERRED REVENUE 47 201 BERKSHIRE BANK CC 0 660 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 4 | THE PRIMARY EXEMPT PURPOSE OF THE ORGANIZATION IS THE EDUCATION OF PRESCHOOL CHILDREN. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 5 | TO HAVE CHILDREN INTERACT IN A SOCIALLY ACCEPTABLE WAY AND TO HAVE THE ORGANIZATION MAKE A POSITIVE PRESENCE IN THE COMMUNITY. 28 CHILDREN AND 32 PARENTS WERE SERVED BY THE ORGANIZATION. |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | FORM 990-EZ, PART I, LINE 8 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | FORM 990-EZ, PART I, LINE 16 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | FORM 990-EZ, PART II, LINE 24 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 3 | FORM 990-EZ, PART II, LINE 26 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 4 | FORM 990-EZ, PART III |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 5 | FORM 990-EZ, PART III, LINE 28 |
| ReturnHeader/BuildTS | 0 | 2020-01-14 16:20:31Z |
| ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd | 0 | true |
| ReturnHeader/BusinessOfficerGrp/PersonNm | 0 | FRANCES BUSA |
| ReturnHeader/BusinessOfficerGrp/PersonTitleTxt | 0 | PRESIDENT |
| ReturnHeader/BusinessOfficerGrp/PhoneNum | 0 | 8024235100 |
| ReturnHeader/BusinessOfficerGrp/SignatureDt | 0 | 2019-10-31 |
| ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt | 0 | READSBORO PRESCHOOL INC |
| ReturnHeader/Filer/BusinessNameControlTxt | 0 | READ |
| ReturnHeader/Filer/EIN | 0 | 030355128 |
| ReturnHeader/Filer/PhoneNum | 0 | 8024235100 |
| ReturnHeader/Filer/USAddress/AddressLine1Txt | 0 | PO BOX 149 |
| ReturnHeader/Filer/USAddress/CityNm | 0 | READSBORO |
| ReturnHeader/Filer/USAddress/StateAbbreviationCd | 0 | VT |
| ReturnHeader/Filer/USAddress/ZIPCd | 0 | 05350 |
| ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId | 0 | 9691F487A10ECCF6665C2CD476DA4D8C02BA873D |
| ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId | 0 | A53DAE69B01F6DDCBA8CAC3B1CF7516A568B6EFD |
| ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd | 0 | P |
| ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt | 0 | 52.38.98.93 |
| ReturnHeader/FilingSecurityInformation/IPDt | 0 | 2019-10-30 |
| ReturnHeader/FilingSecurityInformation/IPTimezoneCd | 0 | CD |
| ReturnHeader/FilingSecurityInformation/IPTm | 0 | 12:43:03 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmEIN | 0 | 042530803 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt | 0 | SMITH WATSON & CO LLP |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt | 0 | 7 NORTH ST SUITE 205 |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm | 0 | PITTSFIELD |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd | 0 | MA |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd | 0 | 01201 |
| ReturnHeader/PreparerPersonGrp/PhoneNum | 0 | 4134649940 |
| ReturnHeader/PreparerPersonGrp/PreparationDt | 0 | 2019-10-25 |
| ReturnHeader/PreparerPersonGrp/PreparerPersonNm | 0 | BRYON M SHERMAN |
| ReturnHeader/PreparerPersonGrp/SelfEmployedInd | 0 | X |
| ReturnHeader/ReturnTs | 0 | 2019-10-30T12:43:03-05:00 |
| ReturnHeader/ReturnTypeCd | 0 | 990EZ |
| ReturnHeader/TaxPeriodBeginDt | 0 | 2018-07-01 |
| ReturnHeader/TaxPeriodEndDt | 0 | 2019-06-30 |
| ReturnHeader/TaxYr | 0 | 2018 |
Document Assets
No mirrored PDF or thumbnail assets are attached yet.
Filings
Displayed year
2019 • Form 990EZDetailed filing. Detailed filing data is available for this year.
- Assets
- $26,925
- Liabilities
- $2,840
- Net assets
- $24,085
- Revenue
- $125,870
- Expenses
- $134,768
- Net income
- -$8,898