Civic Intelligence

The Carousel School Inc

990 • Fiscal year 2019 • EIN 04-2373760

Jan 01, 2019 to Dec 31, 2019 • Filed on Aug 25, 2020

Organization Profilewww.carouselschool.org
15 Juniper Hill RoadWaltham, MA 02452-4728

(781) 893-1503

Siviq Scores

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

Liabilities / Assets

97th percentile

1.84x

Higher debt load relative to assets than 97% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Liabilities / Revenue

96th percentile

1.05x

Higher debt load relative to revenue than 96% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Net Margin

6th percentile

-74%

Higher net margin than 6% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Top Officer Pay

86th percentile

$27,374

Higher top officer pay than 86% of similar nonprofits.

Top officer pay equals 22.0% of source-year revenue.

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Asset Growth

10th percentile

-47%

Faster asset growth than 10% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Annualized from 2018 to 2019

Revenue Growth

9th percentile

-54%

Faster revenue growth than 9% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Annualized from 2018 to 2019

Balance Sheet
Liabilities / Assets97th percentile

Assets

Down

$71,091

Down $62,079 (-47%) from 2018

Net Assets

Down

-$59,640

Down $92,810 (-280%) from 2018

Liabilities

Up

$130,731

Up $30,731 (+31%) from 2018

Revenue And Expenses
Liabilities / Revenue96th percentileNet Margin6th percentile

Revenue

Down

$124,688

Down $144,005 (-54%) from 2018

Expenses

Down

$217,498

Down $82,733 (-28%) from 2018

Net Income

Down

-$92,810

Down $61,272 (-194%) from 2018

Historical Trend

Balance Sheet Trend

Asset Growth10th percentile

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

$400K$300K$200K$100K$0-$100KAssets 2010: $223,517Liabilities 2010: $100,000Net Assets 2010: $123,5172010Assets 2011: $241,262Liabilities 2011: $100,000Net Assets 2011: $141,2622011Assets 2012: $276,449Liabilities 2012: $100,000Net Assets 2012: $176,4492012Assets 2013: $300,085Liabilities 2013: $100,000Net Assets 2013: $200,0852013Assets 2014: $274,526Liabilities 2014: $100,000Net Assets 2014: $174,5262014Assets 2015: $205,311Liabilities 2015: $100,000Net Assets 2015: $105,3112015Assets 2016: $182,542Liabilities 2016: $100,000Net Assets 2016: $82,5422016Assets 2017: $164,708Liabilities 2017: $100,000Net Assets 2017: $64,7082017Assets 2018: $133,170Liabilities 2018: $100,000Net Assets 2018: $33,1702018Assets 2019: $71,091Liabilities 2019: $130,731Net Assets 2019: -$59,6402019

Highlighted filing

2019

Assets$71,091
Liabilities$130,731
Net Assets-$59,640
Open 2019 Filing

Operations Trend

Revenue Growth9th percentile

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

$600K$400K$200K$0-$200KExpenses 2010: $411,3042010Revenue 2011: $428,790Expenses 2011: $411,045Net Income 2011: $17,7452011Expenses 2012: $438,7992012Revenue 2013: $496,675Expenses 2013: $472,292Net Income 2013: $24,3832013Revenue 2014: $437,071Expenses 2014: $462,634Net Income 2014: -$25,5632014Revenue 2015: $350,932Expenses 2015: $418,767Net Income 2015: -$67,8352015Revenue 2016: $356,098Expenses 2016: $378,867Net Income 2016: -$22,7692016Revenue 2017: $322,426Expenses 2017: $340,260Net Income 2017: -$17,8342017Revenue 2018: $268,693Expenses 2018: $300,231Net Income 2018: -$31,5382018Revenue 2019: $124,688Expenses 2019: $217,498Net Income 2019: -$92,8102019

Highlighted filing

2019

Revenue$124,688
Expenses$217,498
Net Income-$92,810
Open 2019 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2019 to Dec 31, 2019
Signed
Aug 25, 2020
Return Version
2019v5.1
Gross Receipts
$124,688
Mission and Program Overview

Mission

To provide quality preschool education on a non discriminatory policy.

Private non-discriminatory preschool education

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$70,513$68,174▼ $2,339
Savings and Temporary Cash Investments$41,060--
Prepaid Expenses and Deferred Charges$4,200--
Cash and Non-Interest-Bearing Accounts$17,397$2,917▼ $14,480
Total Assets$133,170$71,091▼ $62,079
Liabilities
Mortgage Notes Payable Secured by Investment Property$100,000$130,731▲ $30,731
Total Liabilities$100,000$130,731▲ $30,731
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$33,170$-59,640▼ $92,810
Total Net Assets Fund Balance$33,170$-59,640▼ $92,810
Total Liabilities and Net Assets / Fund Balance$133,170$71,091▼ $62,079

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$25,774$99,146$124,920
Other Land Buildings$2,400$85,733$88,133
Land$40,000-$40,000
Compensation and Service Providers
Top Officer Pay86th percentile

Employees

NameTitleFull / Part TimeOtherTotal
Phyllis a ReganPresident/directorFT$27,374$27,374

Board Members and Trustees

NameTitle
Timothy M ReganTreasurer/director
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$124,664
Investment Income
$5
Other Revenue
$19
Change in Net Assets
$-92,810
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$163,309
Other Expenses$54,164
Grants and Similar Amounts Paid$25
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Comp Disqual Persons$104,003$18,326-$122,329
Current Officers, Directors, Trustees, and Key Employees$29,374--$29,374
Occupancy$12,614--$12,614
Payroll Taxes$9,981$1,625-$11,606
Fees for Services Accounting-$8,350-$8,350
Insurance$2,445--$2,445
Depreciation Depletion$2,339--$2,339
Other Expenses$1,909$403-$1,909
All Other Expenses$1,668--$1,668
Advertising$797--$797
Office Expenses$364--$364
Grants to Domestic Individuals$25--$25
Total Functional Expenses$188,794$28,704$0$217,498
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
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Interested-Person Transactions

Interested PartyRelationshipDescriptionShared RevenueAmount
James ReganSpouseLONG OUTSTANDING LOAN TO COMPANY IN THE AMOUNT OF $ 100,000.No-
Phyllis a ReganDirectorADVANCES TO COVER EXPNESES $ 30,730No-
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
Yes
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
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section B, line 11B

“Records of all meetings are kept by the secretary of the organization. Tax returns are reviewed by governing body prior to being filed.”

Form 990, Part VI, Section C, line 18

“Available upon request of any interested party.”

Form 990, Part VI, Section C, line 19

“Available at organization's office upon request.”

Filing and Contact Details

Filer

Filer Name
The Carousel School Inc
EIN
04-2373760
Phone
7818931503
Address
15 JUNIPER HILL ROAD, WALTHAM, MA 02452-4728

Signing Officer

Name
Phyllis a Regan
Title
Director
Phone
7818931503
Signed
2020-08-25
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Phyllis a Regan
Formed
1964
Legal Domicile
Ma
Voting Board Members
2
Independent Board Members
1
Employees
11
Volunteers
0

Preparer

Firm
Kenneth W Sumner CPA
Address
564 Main Street Suite 201, Waltham, MA 02452-5568
Preparer
Kenneth W Sumner CPA
Phone
7818930093
Raw XML Appendix338 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
IRS990/AccountantCompileOrReviewInd00
IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0PRIVATE NON-DISCRIMINATORY PRESCHOOL EDUCATION
IRS990/AdvertisingGrp/ProgramServicesAmt0797
IRS990/AdvertisingGrp/TotalAmt0797
IRS990/AllOtherExpensesGrp/ProgramServicesAmt01668
IRS990/AllOtherExpensesGrp/TotalAmt01668
IRS990/AnnualDisclosureCoveredPrsnInd01
IRS990/BackupWthldComplianceInd01
IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0PHYLLIS A REGAN
IRS990/BooksInCareOfDetail/PhoneNum07818931503
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt015 JUNIPER HILL ROAD
IRS990/BooksInCareOfDetail/USAddress/CityNm0WALTHAM
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0MA
IRS990/BooksInCareOfDetail/USAddress/ZIPCd002452
IRS990/BusinessRlnWith35CtrlEntInd00
IRS990/BusinessRlnWithFamMemInd01
IRS990/BusinessRlnWithOrgMemInd00
IRS990/CashNonInterestBearingGrp/BOYAmt017397
IRS990/CashNonInterestBearingGrp/EOYAmt02917
IRS990/ChangeToOrgDocumentsInd00
IRS990/CntrctRcvdGreaterThan100KCnt00
IRS990/CollectionsOfArtInd00
IRS990/CompCurrentOfcrDirectorsGrp/ProgramServicesAmt029374
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt029374
IRS990/CompDisqualPersonsGrp/ManagementAndGeneralAmt018326
IRS990/CompDisqualPersonsGrp/ProgramServicesAmt0104003
IRS990/CompDisqualPersonsGrp/TotalAmt0122329
IRS990/CompensationFromOtherSrcsInd00
IRS990/CompensationProcessCEOInd00
IRS990/CompensationProcessOtherInd00
IRS990/ConflictOfInterestPolicyInd01
IRS990/ConservationEasementsInd00
IRS990/ConsolidatedAuditFinclStmtInd00
IRS990/CreditCounselingInd00
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt00
IRS990/CYGrantsAndSimilarPaidAmt025
IRS990/CYInvestmentIncomeAmt05
IRS990/CYOtherExpensesAmt054164
IRS990/CYOtherRevenueAmt019
IRS990/CYProgramServiceRevenueAmt0124664
IRS990/CYRevenuesLessExpensesAmt0-92810
IRS990/CYSalariesCompEmpBnftPaidAmt0163309
IRS990/CYTotalExpensesAmt0217498
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt0124688
IRS990/DecisionsSubjectToApprovaInd00
IRS990/DeductibleArtContributionInd00
IRS990/DeductibleNonCashContriInd00
IRS990/DelegationOfMgmtDutiesInd00
IRS990/DepreciationDepletionGrp/ProgramServicesAmt02339
IRS990/DepreciationDepletionGrp/TotalAmt02339
IRS990/Desc0PRESCHOOL TEACHING PROGRAM
IRS990/DescribedInSection501c3Ind01
IRS990/DisregardedEntityInd00
IRS990/DocumentRetentionPolicyInd01
IRS990/DonorAdvisedFundInd00
IRS990/DonorRstrOrQuasiEndowmentsInd00
IRS990/ElectionOfBoardMembersInd00
IRS990/EmployeeCnt011
IRS990/EmploymentTaxReturnsFiledInd01
IRS990/EngagedInExcessBenefitTransInd00
IRS990/ExpenseAmt0188794
IRS990/FamilyOrBusinessRlnInd00
IRS990/FederalGrantAuditRequiredInd00
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt08350
IRS990/FeesForServicesAccountingGrp/TotalAmt08350
IRS990/ForeignActivitiesInd00
IRS990/ForeignFinancialAccountInd00
IRS990/ForeignOfficeInd00
IRS990/Form8282PropertyDisposedOfInd00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt045.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt120.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/PersonNm0PHYLLIS A REGAN
IRS990/Form990PartVIISectionAGrp/PersonNm1TIMOTHY M REGAN
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt027374
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/TitleTxt0PRESIDENT/DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt1TREASURER/DIRECTOR
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr01964
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedInd00
IRS990/FundraisingActivitiesInd00
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt02
IRS990/GrantAmt025
IRS990/GrantsToDomesticIndividualsGrp/ProgramServicesAmt025
IRS990/GrantsToDomesticIndividualsGrp/TotalAmt025
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt0124688
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd00
IRS990/IndependentAuditFinclStmtInd00
IRS990/IndependentVotingMemberCnt01
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InsuranceGrp/ProgramServicesAmt02445
IRS990/InsuranceGrp/TotalAmt02445
IRS990/InvestmentIncomeGrp/ExclusionAmt05
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt05
IRS990/InvestmentInJointVentureInd00
IRS990/IRPDocumentCnt05
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt0184879
IRS990/LandBldgEquipBasisNetGrp/BOYAmt070513
IRS990/LandBldgEquipBasisNetGrp/EOYAmt068174
IRS990/LandBldgEquipCostOrOtherBssAmt0253053
IRS990/LegalDomicileStateCd0MA
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingCashInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0TO PROVIDE QUALITY PRESCHOOL EDUCATION ON A NON DISCRIMINATORY POLICY.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt0100000
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt0130731
IRS990/NetAssetsOrFundBalancesBOYAmt033170
IRS990/NetAssetsOrFundBalancesEOYAmt0-59640
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt033170
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt0-59640
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/ProgramServicesAmt012614
IRS990/OccupancyGrp/TotalAmt012614
IRS990/OfficeExpensesGrp/ProgramServicesAmt0364
IRS990/OfficeExpensesGrp/TotalAmt0364
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherExpensesGrp/Desc0CLASS ROOM EXPENSES
IRS990/OtherExpensesGrp/Desc1COMPUTER REPAIRS AND MA
IRS990/OtherExpensesGrp/Desc2PAYROLL PROCESSING FEES
IRS990/OtherExpensesGrp/Desc3SUPPLIES
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt0403
IRS990/OtherExpensesGrp/ProgramServicesAmt012388
IRS990/OtherExpensesGrp/ProgramServicesAmt18408
IRS990/OtherExpensesGrp/ProgramServicesAmt22479
IRS990/OtherExpensesGrp/ProgramServicesAmt31909
IRS990/OtherExpensesGrp/TotalAmt012388
IRS990/OtherExpensesGrp/TotalAmt18408
IRS990/OtherExpensesGrp/TotalAmt22882
IRS990/OtherExpensesGrp/TotalAmt31909
IRS990/OtherRevenueMiscGrp/BusinessCd0624410
IRS990/OtherRevenueMiscGrp/Desc0WRITE-OFF OLD CHECKS
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt019
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt019
IRS990/OtherRevenueTotalAmt019
IRS990/PartialLiquidationInd00
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt01625
IRS990/PayrollTaxesGrp/ProgramServicesAmt09981
IRS990/PayrollTaxesGrp/TotalAmt011606
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt04200
IRS990/PrincipalOfficerNm0PHYLLIS A REGAN
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0611600
IRS990/ProgramServiceRevenueGrp/Desc0PRIVATE TUITION
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0124664
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0124664
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt00
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt0299
IRS990/PYInvestmentIncomeAmt017
IRS990/PYOtherExpensesAmt066442
IRS990/PYOtherRevenueAmt0591
IRS990/PYProgramServiceRevenueAmt0268085
IRS990/PYRevenuesLessExpensesAmt0-31538
IRS990/PYSalariesCompEmpBnftPaidAmt0233490
IRS990/PYTotalExpensesAmt0300231
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0268693
IRS990/QuidProQuoContributionsInd00
IRS990/ReconcilationRevenueExpnssAmt0-92810
IRS990/RegularMonitoringEnfrcInd00
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt0124683
IRS990/SavingsAndTempCashInvstGrp/BOYAmt041060
IRS990ScheduleA/SchoolInd0X
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/BuildingsGrp/BookValueAmt025774
IRS990ScheduleD/BuildingsGrp/DepreciationAmt099146
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt0124920
IRS990ScheduleD/LandGrp/BookValueAmt040000
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt040000
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt02400
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt085733
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt088133
IRS990ScheduleD/TotalBookValueLandBuildingsAmt068174
IRS990ScheduleE/ComplianceWithRevProc7550Ind01
IRS990ScheduleE/DiscriminateRaceAdmissPlcyInd00
IRS990ScheduleE/DiscriminateRaceAthltProgInd00
IRS990ScheduleE/DiscriminateRaceEducPlcyInd00
IRS990ScheduleE/DiscriminateRaceEmplmFcultyInd00
IRS990ScheduleE/DiscriminateRaceOtherActyInd00
IRS990ScheduleE/DiscriminateRaceSchsInd00
IRS990ScheduleE/DiscriminateRaceStdntsRghtsInd00
IRS990ScheduleE/DiscriminateRaceUseOfFcltsInd00
IRS990ScheduleE/GovernmentFinancialAidRcvdInd00
IRS990ScheduleE/GovernmentFinancialAidRvkdInd00
IRS990ScheduleE/MaintainCpyOfAllSolInd01
IRS990ScheduleE/MaintainCpyOfBrochuresEtcInd01
IRS990ScheduleE/MaintainRacialCompRecsInd01
IRS990ScheduleE/MaintainScholarshipsRecsInd01
IRS990ScheduleE/NondiscriminatoryPolicyStmtInd01
IRS990ScheduleE/PlcyPblczdViaBroadcastMediaInd01
IRS990ScheduleE/PolicyStmtInBrochuresEtcInd01
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt0ALL PUBLICATIONS AND PRESENTATINS INCLUDE STATEMENT OF NON DISCRIMINATORY POLICY
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc0Schedule E, Part I, Line 3
IRS990/ScheduleJRequiredInd00
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/NameOfInterested/PersonNm0JAMES REGAN
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/NameOfInterested/PersonNm1PHYLLIS A REGAN
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/RelationshipDescriptionTxt0SPOUSE
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/RelationshipDescriptionTxt1DIRECTOR
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/SharingOfRevenuesInd00
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/SharingOfRevenuesInd10
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionDesc0LONG OUTSTANDING LOAN TO COMPANY IN THE AMOUNT OF $ 100,000.
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionDesc1ADVANCES TO COVER EXPNESES $ 30,730
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0RECORDS OF ALL MEETINGS ARE KEPT BY THE SECRETARY OF THE ORGANIZATION. TAX RETURNS ARE REVIEWED BY GOVERNING BODY PRIOR TO BEING FILED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1AVAILABLE UPON REQUEST OF ANY INTERESTED PARTY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2AVAILABLE AT ORGANIZATION'S OFFICE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Section B, line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Section C, line 18
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Section C, line 19
IRS990/SchoolOperatingInd01
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0MA
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt0133170
IRS990/TotalAssetsEOYAmt071091
IRS990/TotalAssetsGrp/BOYAmt0133170
IRS990/TotalAssetsGrp/EOYAmt071091
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalEmployeeCnt011
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt028704
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0188794
IRS990/TotalFunctionalExpensesGrp/TotalAmt0217498
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0100000
IRS990/TotalLiabilitiesEOYAmt0130731
IRS990/TotalLiabilitiesGrp/BOYAmt0100000
IRS990/TotalLiabilitiesGrp/EOYAmt0130731
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt033170
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0-59640
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt0188794
IRS990/TotalProgramServiceRevenueAmt0124664
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt05
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0124683
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0124688
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0133170
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt071091
IRS990/TotReportableCompRltdOrgAmt027374
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt015 JUNIPER HILL ROAD
IRS990/USAddress/CityNm0WALTHAM
IRS990/USAddress/StateAbbreviationCd0MA
IRS990/USAddress/ZIPCd002452
IRS990/VotingMembersGoverningBodyCnt02
IRS990/VotingMembersIndependentCnt01
IRS990/WebsiteAddressTxt0www.carouselschool.org
IRS990/WhistleblowerPolicyInd00
ReturnHeader/BuildTS02021-01-29 14:40:06Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0PHYLLIS A REGAN
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0DIRECTOR
ReturnHeader/BusinessOfficerGrp/PhoneNum07818931503
ReturnHeader/BusinessOfficerGrp/SignatureDt02020-08-25
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0THE CAROUSEL SCHOOL INC
ReturnHeader/Filer/BusinessNameControlTxt0CARO
ReturnHeader/Filer/EIN0042373760
ReturnHeader/Filer/PhoneNum07818931503
ReturnHeader/Filer/USAddress/AddressLine1Txt015 JUNIPER HILL ROAD
ReturnHeader/Filer/USAddress/CityNm0WALTHAM
ReturnHeader/Filer/USAddress/StateAbbreviationCd0MA
ReturnHeader/Filer/USAddress/ZIPCd0024524728
ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId09204D94F3175EE5EB4EA2348747014E6C0A81DCE
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId02BA9A15CE74330AF8FD61AF3A4D334E05884A946
ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt073.17.229.30
ReturnHeader/FilingSecurityInformation/IPDt02020-08-25
ReturnHeader/FilingSecurityInformation/IPTimezoneCd0ED
ReturnHeader/FilingSecurityInformation/IPTm010:48:02
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0043236975
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0KENNETH W SUMNER CPA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0564 Main Street Suite 201
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Waltham
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0MA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0024525568
ReturnHeader/PreparerPersonGrp/PhoneNum07818930093
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0KENNETH W SUMNER CPA
ReturnHeader/PreparerPersonGrp/SelfEmployedInd0X
ReturnHeader/ReturnTs02020-09-04T13:52:25-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02019-01-01
ReturnHeader/TaxPeriodEndDt02019-12-31
ReturnHeader/TaxYr02019

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2019 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$71,091
Liabilities
$130,731
Net assets
-$59,640
Revenue
$124,688
Expenses
$217,498
Net income
-$92,810
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2019Detailed filing. Detailed filing data is available for this year.$0.71$1.31$0.60$1.25$2.17$0.93
2018Detailed filing. Detailed filing data is available for this year.$1.33$1.00$0.33$2.69$3.00$0.32
2017Detailed filing. Detailed filing data is available for this year.$1.65$1.00$0.65$3.22$3.40$0.18
2016Detailed filing. Detailed filing data is available for this year.$1.83$1.00$0.83$3.56$3.79$0.23
2015Detailed filing. Detailed filing data is available for this year.$2.05$1.00$1.05$3.51$4.19$0.68
2014Detailed filing. Detailed filing data is available for this year.$2.75$1.00$1.75$4.37$4.63$0.26
2013Detailed filing. Detailed filing data is available for this year.$3.00$1.00$2.00$4.97$4.72$0.24
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.76$1.00$1.76$4.39
2011Summary only. Only limited summary data is available for this year.$2.41$1.00$1.41$4.29$4.11$0.18
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.24$1.00$1.24$4.11