Civic Intelligence

Newton Teachers Association Inc

990 • Fiscal year 2015 • EIN 04-2060328

Jul 01, 2014 to Jun 30, 2015 • Filed on Jan 07, 2016

46 Austin StreetNewtonville, MA 02460-1844

(617) 244-9562

Siviq Scores

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

Liabilities / Assets

54th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2015 filings • 501(c)5 • <$500k nonprofits • Source year 2015

Liabilities / Revenue

54th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2015 filings • 501(c)5 • <$500k nonprofits • Source year 2015

Net Margin

62nd percentile

7.8%

Higher net margin than 62% of similar nonprofits.

2015 filings • 501(c)5 • <$500k nonprofits • Source year 2015

Top Officer Pay

85th percentile

$26,379

Higher top officer pay than 85% of similar nonprofits.

Top officer pay equals 5.5% of source-year revenue.

2015 filings • 501(c)5 • <$500k nonprofits • Source year 2015

Asset Growth

64th percentile

8.5%

Faster asset growth than 64% of similar nonprofits.

2015 filings • 501(c)5 • <$500k nonprofits • Annualized from 2014 to 2015

Revenue Growth

95th percentile

46%

Faster revenue growth than 95% of similar nonprofits.

2015 filings • 501(c)5 • <$500k nonprofits • Annualized from 2014 to 2015

Assets

Up

$403,024

Up $31,551 (+8.5%) from 2014

Net Assets

Up

$403,024

Up $37,398 (+10%) from 2014

Liabilities

Down

$0

Down $5,847 (-100%) from 2014

Revenue

Up

$481,869

Up $150,714 (+46%) from 2014

Expenses

Up

$444,471

Up $122,030 (+38%) from 2014

Net Income

Up

$37,398

Up $28,684 (+329%) from 2014

Historical Trend

Balance Sheet Trend

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

$800K$600K$400K$200K$0Assets 2010: $360,797Liabilities 2010: $115,965Net Assets 2010: $244,8322010Assets 2011: $285,253Liabilities 2011: $0Net Assets 2011: $285,2532011Assets 2012: $321,795Liabilities 2012: $0Net Assets 2012: $321,7952012Assets 2013: $492,748Liabilities 2013: $135,836Net Assets 2013: $356,9122013Assets 2014: $371,473Liabilities 2014: $5,847Net Assets 2014: $365,6262014Assets 2015: $403,024Liabilities 2015: $0Net Assets 2015: $403,0242015Assets 2016: $465,193Liabilities 2016: $0Net Assets 2016: $465,1932016Assets 2017: $560,638Liabilities 2017: $1,185Net Assets 2017: $559,4532017Assets 2018: $648,187Liabilities 2018: $346Net Assets 2018: $647,8412018Assets 2019: $656,502Liabilities 2019: $432Net Assets 2019: $656,0702019Assets 2020: $691,813Liabilities 2020: $122Net Assets 2020: $691,6912020Assets 2021: $770,576Liabilities 2021: $208Net Assets 2021: $770,3682021Assets 2022: $753,378Liabilities 2022: $395Net Assets 2022: $752,9832022Assets 2023: $742,023Liabilities 2023: $512Net Assets 2023: $741,5112023Assets 2024: $185,187Liabilities 2024: $152Net Assets 2024: $185,0352024

Highlighted filing

2015

Assets$403,024
Liabilities$0
Net Assets$403,024

Operations Trend

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

$1.5M$1.0M$500K$0-$500K-$1.0MExpenses 2010: $238,4522010Revenue 2011: $279,260Expenses 2011: $238,839Net Income 2011: $40,4212011Expenses 2012: $241,4902012Revenue 2013: $300,251Expenses 2013: $265,134Net Income 2013: $35,1172013Revenue 2014: $331,155Expenses 2014: $322,441Net Income 2014: $8,7142014Revenue 2015: $481,869Expenses 2015: $444,471Net Income 2015: $37,3982015Revenue 2016: $480,130Expenses 2016: $417,961Net Income 2016: $62,1692016Revenue 2017: $506,053Expenses 2017: $411,793Net Income 2017: $94,2602017Revenue 2018: $526,538Expenses 2018: $438,150Net Income 2018: $88,3882018Revenue 2019: $513,445Expenses 2019: $505,216Net Income 2019: $8,2292019Revenue 2020: $538,917Expenses 2020: $503,296Net Income 2020: $35,6212020Revenue 2021: $582,631Expenses 2021: $503,954Net Income 2021: $78,6772021Revenue 2022: $474,902Expenses 2022: $492,287Net Income 2022: -$17,3852022Revenue 2023: $565,606Expenses 2023: $577,078Net Income 2023: -$11,4722023Revenue 2024: $849,374Expenses 2024: $1,405,850Net Income 2024: -$556,4762024

Highlighted filing

2015

Revenue$481,869
Expenses$444,471
Net Income$37,398
Jump To
Filing Snapshot
Filing Period
Jul 1, 2014 to Jun 30, 2015
Signed
Jan 7, 2016
Return Version
2014v6.0
Gross Receipts
$481,869
Mission and Program Overview

Mission

To provide local assistance in securing and maintaining salaries, retirement tenure, professional and sick leave, and other working conditions necessary to promote education and the teaching profession.

To provide local assistance in securing and maintaining salaries, retirement tenure,professional and sick leave, and other working conditions necessary to promote education and the teaching profession.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments Program Related-$158,499-
Investments in Publicly Traded Securities$148,775--
Cash and Non-Interest-Bearing Accounts$118,115$140,958▲ $22,843
Savings and Temporary Cash Investments$100,081$100,180▲ $99
Land, Buildings, and Equipment, Net$4,502$2,543▼ $1,959
Total Assets$371,473$403,024▲ $31,551
Other Assets Total-$844-
Liabilities
Other Liabilities$5,847--
Total Liabilities$5,847$0▼ $5,847
Net Assets / Fund Balance
Unrestricted Net Assets$365,626$403,024▲ $37,398
Total Net Assets Fund Balance$365,626$403,024▲ $37,398
Total Liabilities and Net Assets / Fund Balance$371,473$403,024▲ $31,551

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$2,543$38,856$41,399
Investment Program Related Org$158,499--
Other Assets Org$844--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Michael ZillesPresidentFT$26,379$26,379
Jane RoderickVice President-$7,400$7,400
Susan CohenVice President-$6,320$6,320
Robert KaneTreasurer-$5,400$5,400
Diane JaquithRecording Secretary-$5,160$5,160
Rachael Makela-simkinsAssistant Treasurer-$1,620$1,620
Revenue and Support

Revenue Composition

Contributions and Grants
$41,206
Program Service Revenue
$432,841
Investment Income
$7,822
Other Revenue
$0
Change in Net Assets
$37,398

Audited Revenue Reconciliation

Revenue per Audited Statements
$481,869
Total Revenue per Audited Statements
$481,869
Total Revenue per Form 990
$481,869
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$257,004
Salaries, Compensation, and Employee Benefits$184,467
Grants and Similar Amounts Paid$3,000
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
All Other Expenses$138,380--$138,380
Other Salaries and Wages$115,384--$115,384
Current Officers, Directors, Trustees, and Key Employees$52,279--$52,279
Occupancy$24,000--$24,000
Payroll Taxes$16,804--$16,804
Office Expenses$11,610--$11,610
Conferences and Meetings$10,303--$10,303
Fees for Services Accounting$5,800--$5,800
Grants to Domestic Individuals$3,000--$3,000
Other Expenses$2,573--$2,573
Depreciation Depletion$1,959--$1,959
Total Functional Expenses$444,471$0$0$444,471

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$441,471
Total Expenses per Audited Statements$441,471
Total Expenses per Form 990$441,471
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
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Due to Massachusetts Teachers Assoc-
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Audit committee
Yes
Backup withholding compliance
Yes
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
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990 governing body review Part VI line 11

Officers review the form 990 before it is filed.

Governing documents etc available to public Part VI line 19

These documents are available upon request.

Filing and Contact Details

Filer

Filer Name
Newton Teachers Association
EIN
04-2060328
Address
46 AUSTIN STREET, NEWTONVILLE, MA 02460-1844

Signing Officer

Name
Micahel Zilles
Title
President
Phone
6172449562
Signed
2016-01-07
Discuss with paid preparer
Yes

Organization Details

Formed
1950
Legal Domicile
Ma
Voting Board Members
6
Independent Board Members
6
Employees
35

Preparer

Firm
John Diminico CPA
Address
ONE ALBION STREET, Wakefield, MA 01880
Preparer
John Diminico
Phone
7812450611
Supplemental Narrative

Additional Explanations

List of other expenses Part IX line 24E

SCHEDULE ATTACHED

Raw XML Appendix331 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.

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IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2List of other expenses Part IX line 24e
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IRS990/TotalEmployeeCnt035
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt00
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0444471
IRS990/TotalFunctionalExpensesGrp/TotalAmt0444471
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt05847
IRS990/TotalLiabilitiesEOYAmt00
IRS990/TotalLiabilitiesGrp/BOYAmt05847
IRS990/TotalLiabilitiesGrp/EOYAmt00
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0365626
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0403024
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt0444471
IRS990/TotalProgramServiceRevenueAmt0432841
IRS990/TotalReportableCompFromOrgAmt052279
IRS990/TotalRevenueGrp/ExclusionAmt07822
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0432841
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0481869
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0371473
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0403024
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TypeOfOrganizationAssocInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UnrestrictedNetAssetsGrp/BOYAmt0365626
IRS990/UnrestrictedNetAssetsGrp/EOYAmt0403024
IRS990/UponRequestInd0X
IRS990/VotingMembersGoverningBodyCnt06
IRS990/VotingMembersIndependentCnt06
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02016-08-17 19:52:53Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0MICAHEL ZILLES
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum06172449562
ReturnHeader/BusinessOfficerGrp/SignatureDt02016-01-07
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0NEWTON TEACHERS ASSOCIATION
ReturnHeader/Filer/BusinessNameControlTxt0NEWT
ReturnHeader/Filer/EIN0042060328
ReturnHeader/Filer/USAddress/AddressLine1Txt046 AUSTIN STREET
ReturnHeader/Filer/USAddress/CityNm0NEWTONVILLE
ReturnHeader/Filer/USAddress/StateAbbreviationCd0MA
ReturnHeader/Filer/USAddress/ZIPCd0024601844
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0462600301
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0JOHN DIMINICO CPA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0ONE ALBION STREET
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Wakefield
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0MA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd001880
ReturnHeader/PreparerPersonGrp/PhoneNum07812450611
ReturnHeader/PreparerPersonGrp/PreparationDt02016-01-28
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0John Diminico
ReturnHeader/ReturnTs02016-01-28T13:44:14-05:00
ReturnHeader/ReturnTypeCd0990
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
2024Detailed filing. Detailed filing data is available for this year.$0.19$0.00$0.19$0.85$1.41$0.56
2023Detailed filing. Detailed filing data is available for this year.$0.74$0.00$0.74$0.57$0.58$0.01
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.75$0.00$0.75$0.47$0.49$0.02
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.77$0.00$0.77$0.58$0.50$0.08
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.69$0.00$0.69$0.54$0.50$0.04
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.66$0.00$0.66$0.51$0.51$0.01
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.65$0.00$0.65$0.53$0.44$0.09
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.56$0.00$0.56$0.51$0.41$0.09
2016Import issue. A filing source exists for this year, but detailed import did not complete cleanly.$0.47$0.00$0.47$0.48$0.42$0.06
2015Detailed filing. Detailed filing data is available for this year.$0.40$0.00$0.40$0.48$0.44$0.04
2014Detailed filing. Detailed filing data is available for this year.$0.37$0.01$0.37$0.33$0.32$0.01
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.49$0.14$0.36$0.30$0.27$0.04
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.32$0.00$0.32$0.24
2011Summary only. Only limited summary data is available for this year.$0.29$0.00$0.29$0.28$0.24$0.04
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.36$0.12$0.24$0.24