Civic Intelligence

Red Barn Nursery School Inc.

990 • Fiscal year 2020 • EIN 04-2147254

Sep 01, 2019 to Aug 31, 2020 • Filed on Jan 08, 2021

724 Boston Post RoadWeston, MA 02493

(781) 893-8020

Siviq Scores

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

Liabilities / Assets

86th percentile

0.40x

Higher debt load relative to assets than 86% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Liabilities / Revenue

89th percentile

0.44x

Higher debt load relative to revenue than 89% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Net Margin

25th percentile

-15%

Higher net margin than 25% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Top Officer Pay

96th percentile

$72,094

Higher top officer pay than 96% of similar nonprofits.

Top officer pay equals 18.3% of source-year revenue.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Asset Growth

25th percentile

-12%

Faster asset growth than 25% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Annualized from 2019 to 2020

Revenue Growth

47th percentile

-17%

Faster revenue growth than 47% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Annualized from 2019 to 2020

Assets

Down

$430,158

Down $59,019 (-12%) from 2019

Net Assets

Down

$256,594

Down $58,125 (-18%) from 2019

Liabilities

Down

$173,564

Down $894 (-0.5%) from 2019

Revenue

Down

$392,928

Down $82,862 (-17%) from 2019

Expenses

Down

$451,053

Down $17,043 (-3.6%) from 2019

Net Income

Down

-$58,125

Down $65,819 (-855%) from 2019

Historical Trend

Balance Sheet Trend

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

$2.0M$1.5M$1.0M$500K$0Assets 2011: $545,582Liabilities 2011: $231,084Net Assets 2011: $314,4982011Assets 2012: $605,895Liabilities 2012: $251,968Net Assets 2012: $353,9272012Assets 2013: $625,514Liabilities 2013: $226,462Net Assets 2013: $399,0522013Assets 2014: $612,698Liabilities 2014: $191,125Net Assets 2014: $421,5732014Assets 2015: $541,764Liabilities 2015: $163,759Net Assets 2015: $378,0052015Assets 2016: $491,753Liabilities 2016: $148,793Net Assets 2016: $342,9602016Assets 2017: $493,727Liabilities 2017: $190,937Net Assets 2017: $302,7902017Assets 2018: $574,581Liabilities 2018: $267,556Net Assets 2018: $307,0252018Assets 2019: $489,177Liabilities 2019: $174,458Net Assets 2019: $314,7192019Assets 2020: $430,158Liabilities 2020: $173,564Net Assets 2020: $256,5942020Assets 2021: $648,471Liabilities 2021: $270,184Net Assets 2021: $378,2872021Assets 2022: $781,158Liabilities 2022: $266,585Net Assets 2022: $514,5732022Assets 2023: $973,687Liabilities 2023: $370,472Net Assets 2023: $603,2152023Assets 2024: $1,608,683Liabilities 2024: $565,040Net Assets 2024: $1,043,6432024

Highlighted filing

2020

Assets$430,158
Liabilities$173,564
Net Assets$256,594

Operations Trend

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

$1.5M$1.0M$500K$0-$500KRevenue 2011: $430,006Expenses 2011: $376,341Net Income 2011: $53,6652011Revenue 2012: $413,322Expenses 2012: $373,893Net Income 2012: $39,4292012Revenue 2013: $433,427Expenses 2013: $388,302Net Income 2013: $45,1252013Revenue 2014: $432,770Expenses 2014: $410,249Net Income 2014: $22,5212014Revenue 2015: $342,032Expenses 2015: $385,600Net Income 2015: -$43,5682015Revenue 2016: $306,999Expenses 2016: $342,044Net Income 2016: -$35,0452016Revenue 2017: $277,658Expenses 2017: $317,828Net Income 2017: -$40,1702017Revenue 2018: $382,463Expenses 2018: $378,229Net Income 2018: $4,2342018Revenue 2019: $475,790Expenses 2019: $468,096Net Income 2019: $7,6942019Revenue 2020: $392,928Expenses 2020: $451,053Net Income 2020: -$58,1252020Revenue 2021: $511,782Expenses 2021: $390,089Net Income 2021: $121,6932021Revenue 2022: $645,070Expenses 2022: $508,784Net Income 2022: $136,2862022Revenue 2023: $688,311Expenses 2023: $599,669Net Income 2023: $88,6422023Revenue 2024: $1,159,777Expenses 2024: $719,349Net Income 2024: $440,4282024

Highlighted filing

2020

Revenue$392,928
Expenses$451,053
Net Income-$58,125
Jump To
Filing Snapshot
Filing Period
Sep 1, 2019 to Aug 31, 2020
Signed
Jan 8, 2021
Return Version
2019v5.0
Gross Receipts
$397,239
Mission and Program Overview

Mission

EDUCATION

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$150,027$194,216▲ $44,189
Land, Buildings, and Equipment, Net$154,771$149,209▼ $5,562
Savings and Temporary Cash Investments$173,708$83,727▼ $89,981
Prepaid Expenses and Deferred Charges$8,988$3,006▼ $5,982
Accounts Receivable$1,683--
Total Assets$489,177$430,158▼ $59,019
Liabilities
Deferred Revenue$171,857$112,120▼ $59,737
Unsecured Notes Loans Payable-$53,600-
Accounts Payable and Accrued Expenses$2,601$7,844▲ $5,243
Total Liabilities$174,458$173,564▼ $894
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$314,719$256,594▼ $58,125
Total Net Assets Fund Balance$314,719$256,594▼ $58,125
Total Liabilities and Net Assets / Fund Balance$489,177$430,158▼ $59,019

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$142,209$326,731$468,940
Buildings-$30,000$30,000
Land$7,000-$7,000
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Kate GormanExecutive DiPT$72,094$72,094

Board Members and Trustees

NameTitle
Emily MalenfantPresident
Annie PhelanDirector
Erik BullerjahnDirector
Serena McnallyDirector
James StrohackerSecretary
Cassie BordeauTreasurer
Kate McgovenVice Preside
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$371,961
Investment Income
$14
Other Revenue
$20,953
Change in Net Assets
$-58,125
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$352,714
Other Expenses$98,339
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$201,796$113,602-$315,398
Payroll Taxes$15,566$18,432-$33,998
Depreciation Depletion$10,465--$10,465
Insurance-$10,051-$10,051
Other Expenses$8,662$2,322-$8,662
All Other Expenses$3,560$3,159-$6,719
Office Expenses$575$5,604-$6,179
Fees for Services Accounting-$4,500-$4,500
Other Employee Benefits$2,748$570-$3,318
Advertising$711$1,510-$2,221
Total Functional Expenses$282,632$168,421$0$451,053
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$25,264
Fundraising Direct Expenses$4,311
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Fall & Spring F$25,264$25,264$4,311$20,953
Total Events$25,264$25,264$4,311$20,953
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
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
Yes
Other officer compensation reviewed
Yes
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, Page 6, Part VI, Line 11B

President and treasurer are tasked with performing a detailed review or the 990.

Form 990, Page 6, Part VI, Line 15A

A review of salaries of similiar schools for similiar positions is complet ed.

Form 990, Page 6, Part VI, Line 15B

A review of salaries of similiar schools for similiar positions is complet ed.

Form 990, Page 6, Part VI, Line 19

Governing documents made available to public upon request.

Filing and Contact Details

Filer

Filer Name
Red Barn Nursery School Inc
EIN
04-2147254
Phone
7818938020
Address
724 BOSTON POST ROAD, WESTON, MA 02493

Signing Officer

Name
Cassie Bordeau
Title
Treasurer
Phone
7818938020
Signed
2021-01-08
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Kate Gorman
Formed
1952
Legal Domicile
Ma
Voting Board Members
7
Independent Board Members
7
Employees
13
Volunteers
50

Preparer

Firm
Miller & Bisson Pc
Address
1 DUNDEE PARK DR STE 3, ANDOVER, MA 01810
Preparer
Timothy M Jankowski
Phone
9784096134
Supplemental Narrative

Financial Statement Notes

Schedule D, Page 3, Part X

The school is a nonprofit organization, exempt from taxation under internal revenue code section 510(c)(3). Accordingly, no provision for income taxes has been provided for in the accompanying financial statements. Accounting principles generally accepted in the united states of america require the school to evaluate and disclose tax positions that could have an effect on the school's financial statements. The school reports its activities to the internal revenue service and to the commonwealth of massachusetts on an annual basis. These informational returns for the year ending august 31, 2020, 2019, and 2018 are generally subject to audit and review by the governmental agencies for a period of three years after filing. Substantially all of the school's income, expenditures and activities relate to its exempt purpose, therefore, management has determined that the school is not subject to unrelated business income taxes and will continue to qualify as a tax-exempt not-for-profit entity.

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IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE SCHOOL IS A NONPROFIT ORGANIZATION, EXEMPT FROM TAXATION UNDER INTERNAL REVENUE CODE SECTION 510(C)(3). ACCORDINGLY, NO PROVISION FOR INCOME TAXES HAS BEEN PROVIDED FOR IN THE ACCOMPANYING FINANCIAL STATEMENTS. ACCOUNTING PRINCIPLES GENERALLY ACCEPTED IN THE UNITED STATES OF AMERICA REQUIRE THE SCHOOL TO EVALUATE AND DISCLOSE TAX POSITIONS THAT COULD HAVE AN EFFECT ON THE SCHOOL'S FINANCIAL STATEMENTS. THE SCHOOL REPORTS ITS ACTIVITIES TO THE INTERNAL REVENUE SERVICE AND TO THE COMMONWEALTH OF MASSACHUSETTS ON AN ANNUAL BASIS. THESE INFORMATIONAL RETURNS FOR THE YEAR ENDING AUGUST 31, 2020, 2019, AND 2018 ARE GENERALLY SUBJECT TO AUDIT AND REVIEW BY THE GOVERNMENTAL AGENCIES FOR A PERIOD OF THREE YEARS AFTER FILING. SUBSTANTIALLY ALL OF THE SCHOOL'S INCOME, EXPENDITURES AND ACTIVITIES RELATE TO ITS EXEMPT PURPOSE, THEREFORE, MANAGEMENT HAS DETERMINED THAT THE SCHOOL IS NOT SUBJECT TO UNRELATED BUSINESS INCOME TAXES AND WILL CONTINUE TO QUALIFY AS A TAX-EXEMPT NOT-FOR-PROFIT ENTITY.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE D, PAGE 3, PART X
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0149209
IRS990ScheduleE/ComplianceWithRevProc7550Ind0true
IRS990ScheduleE/DiscriminateRaceAdmissPlcyInd0false
IRS990ScheduleE/DiscriminateRaceAthltProgInd0false
IRS990ScheduleE/DiscriminateRaceEducPlcyInd0false
IRS990ScheduleE/DiscriminateRaceEmplmFcultyInd0false
IRS990ScheduleE/DiscriminateRaceOtherActyInd0false
IRS990ScheduleE/DiscriminateRaceSchsInd0false
IRS990ScheduleE/DiscriminateRaceStdntsRghtsInd0false
IRS990ScheduleE/DiscriminateRaceUseOfFcltsInd0false
IRS990ScheduleE/GovernmentFinancialAidRcvdInd0false
IRS990ScheduleE/GovernmentFinancialAidRvkdInd0false
IRS990ScheduleE/MaintainCpyOfAllSolInd0true
IRS990ScheduleE/MaintainCpyOfBrochuresEtcInd0true
IRS990ScheduleE/MaintainRacialCompRecsInd0true
IRS990ScheduleE/MaintainScholarshipsRecsInd0true
IRS990ScheduleE/NondiscriminatoryPolicyStmtInd0true
IRS990ScheduleE/PlcyPblczdViaBroadcastMediaInd0true
IRS990ScheduleE/PolicyStmtInBrochuresEtcInd0true
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt0NEWSPAPER ADS AND BROCHURES
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE E, LINE 3
IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt04311
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0FALL & SPRING F
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt025264
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt025264
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt025264
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt025264
IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt020953
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssTotalEventsAmt04311
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent1Amt04311
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0PRESIDENT AND TREASURER ARE TASKED WITH PERFORMING A DETAILED REVIEW OR THE 990.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1A REVIEW OF SALARIES OF SIMILIAR SCHOOLS FOR SIMILIAR POSITIONS IS COMPLET ED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2A REVIEW OF SALARIES OF SIMILIAR SCHOOLS FOR SIMILIAR POSITIONS IS COMPLET ED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3GOVERNING DOCUMENTS MADE AVAILABLE TO PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 15A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 15B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 19
IRS990/SchoolOperatingInd0true
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/StatesWhereCopyOfReturnIsFldCd0MA
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt0489177
IRS990/TotalAssetsEOYAmt0430158
IRS990/TotalAssetsGrp/BOYAmt0489177
IRS990/TotalAssetsGrp/EOYAmt0430158
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalEmployeeCnt013
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0168421
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0282632
IRS990/TotalFunctionalExpensesGrp/TotalAmt0451053
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0174458
IRS990/TotalLiabilitiesEOYAmt0173564
IRS990/TotalLiabilitiesGrp/BOYAmt0174458
IRS990/TotalLiabilitiesGrp/EOYAmt0173564
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0314719
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0256594
IRS990/TotalProgramServiceExpensesAmt0282632
IRS990/TotalProgramServiceRevenueAmt0371961
IRS990/TotalReportableCompFromOrgAmt072094
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0371975
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0392928
IRS990/TotalVolunteersCnt050
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0489177
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0430158
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UnsecuredNotesLoansPayableGrp/EOYAmt053600
IRS990/USAddress/AddressLine1Txt0724 BOSTON POST ROAD
IRS990/USAddress/CityNm0WESTON
IRS990/USAddress/StateAbbreviationCd0MA
IRS990/USAddress/ZIPCd002493
IRS990/VotingMembersGoverningBodyCnt07
IRS990/VotingMembersIndependentCnt07
IRS990/WebsiteAddressTxt0WWW.REDBARNWESTON.COM
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0CASSIE BORDEAU
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0TREASURER
ReturnHeader/BusinessOfficerGrp/PhoneNum07818938020
ReturnHeader/BusinessOfficerGrp/SignatureDt02021-01-08
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0RED BARN NURSERY SCHOOL INC
ReturnHeader/Filer/BusinessNameControlTxt0REDB
ReturnHeader/Filer/EIN0042147254
ReturnHeader/Filer/PhoneNum07818938020
ReturnHeader/Filer/USAddress/AddressLine1Txt0724 BOSTON POST ROAD
ReturnHeader/Filer/USAddress/CityNm0WESTON
ReturnHeader/Filer/USAddress/StateAbbreviationCd0MA
ReturnHeader/Filer/USAddress/ZIPCd002493
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0043233725
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0MILLER & BISSON PC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt01 DUNDEE PARK DR STE 3
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0ANDOVER
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0MA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd001810
ReturnHeader/PreparerPersonGrp/PhoneNum09784096134
ReturnHeader/PreparerPersonGrp/PreparationDt02021-01-08
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0TIMOTHY M JANKOWSKI
ReturnHeader/ReturnTs02021-01-25T12:57:40-06:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02019-09-01
ReturnHeader/TaxPeriodEndDt02020-08-31
ReturnHeader/TaxYr02019

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.61$0.57$1.04$1.16$0.72$0.44
2023Detailed filing. Detailed filing data is available for this year.$0.97$0.37$0.60$0.69$0.60$0.09
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.78$0.27$0.51$0.65$0.51$0.14
2021Detailed filing. Detailed filing data is available for this year.$0.65$0.27$0.38$0.51$0.39$0.12
2020Detailed filing. Detailed filing data is available for this year.$0.43$0.17$0.26$0.39$0.45$0.06
2019Summary only. Only limited summary data is available for this year.$0.49$0.17$0.31$0.48$0.47$0.01
2018Summary only. Only limited summary data is available for this year.$0.57$0.27$0.31$0.38$0.38$0.00
2017Summary only. Only limited summary data is available for this year.$0.49$0.19$0.30$0.28$0.32$0.04
2016Summary only. Only limited summary data is available for this year.$0.49$0.15$0.34$0.31$0.34$0.04
2015Summary only. Only limited summary data is available for this year.$0.54$0.16$0.38$0.34$0.39$0.04
2014Summary only. Only limited summary data is available for this year.$0.61$0.19$0.42$0.43$0.41$0.02
2013Summary only. Only limited summary data is available for this year.$0.63$0.23$0.40$0.43$0.39$0.05
2012Summary only. Only limited summary data is available for this year.$0.61$0.25$0.35$0.41$0.37$0.04
2011Summary only. Only limited summary data is available for this year.$0.55$0.23$0.31$0.43$0.38$0.05