Civic Intelligence

The Common School Inc

EIN 04-2428995 • 501(c)3 • Amherst, MA

Profile

School for the education of children from early childhood through elementary.

521 South Pleasant StreetAmherst, MA 01004-2248

www.commonschool.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

72nd percentile

0.27x

Higher debt load relative to assets than 72% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Liabilities / Revenue

77th percentile

0.38x

Higher debt load relative to revenue than 77% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Net Margin

42nd percentile

1.1%

Higher net margin than 42% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Top Officer Pay

40th percentile

$0

Higher top officer pay than 40% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Asset Growth

57th percentile

6.0%

Faster asset growth than 57% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Revenue Growth

46th percentile

4.8%

Faster revenue growth than 46% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Assets

Up

$3,902,876

Up $219,905 (+6.0%) from 2023

Liabilities

Up

$1,054,338

Up $87,763 (+9.1%) from 2023

Net Assets

Up

$2,848,538

Up $132,142 (+4.9%) from 2023

Revenue

Up

$2,771,504

Up $127,904 (+4.8%) from 2023

Expenses

Up

$2,739,988

Up $140,918 (+5.4%) from 2023

Net Income

Down

$31,516

Down $13,014 (-29%) from 2023

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$6.0M$4.0M$2.0M$0Assets 2011: $3,268,414Liabilities 2011: $1,309,953Net Assets 2011: $1,958,4612011Assets 2012: $3,433,141Liabilities 2012: $1,368,751Net Assets 2012: $2,064,3902012Assets 2013: $3,984,976Liabilities 2013: $1,418,146Net Assets 2013: $2,566,8302013Assets 2014: $4,421,308Liabilities 2014: $1,476,195Net Assets 2014: $2,945,1132014Assets 2015: $4,460,546Liabilities 2015: $1,438,111Net Assets 2015: $3,022,4352015Assets 2016: $4,224,763Liabilities 2016: $1,266,036Net Assets 2016: $2,958,7272016Assets 2017: $4,216,281Liabilities 2017: $1,184,878Net Assets 2017: $3,031,4032017Assets 2018: $4,202,795Liabilities 2018: $1,149,590Net Assets 2018: $3,053,2052018Assets 2019: $3,606,064Liabilities 2019: $1,089,064Net Assets 2019: $2,517,0002019Assets 2020: $3,814,545Liabilities 2020: $1,671,735Net Assets 2020: $2,142,8102020Assets 2021: $3,035,755Liabilities 2021: $848,122Net Assets 2021: $2,187,6332021Assets 2022: $3,430,163Liabilities 2022: $797,592Net Assets 2022: $2,632,5712022Assets 2023: $3,682,971Liabilities 2023: $966,575Net Assets 2023: $2,716,3962023Assets 2024: $3,902,876Liabilities 2024: $1,054,338Net Assets 2024: $2,848,5382024

Highlighted filing

2024

Assets$3,902,876
Liabilities$1,054,338
Net Assets$2,848,538

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$4.0M$3.0M$2.0M$1.0M$0-$1.0MRevenue 2011: $1,786,192Expenses 2011: $1,793,668Net Income 2011: -$7,4762011Revenue 2012: $1,848,439Expenses 2012: $1,781,012Net Income 2012: $67,4272012Revenue 2013: $2,420,721Expenses 2013: $1,940,311Net Income 2013: $480,4102013Revenue 2014: $2,296,179Expenses 2014: $1,982,957Net Income 2014: $313,2222014Revenue 2015: $2,192,140Expenses 2015: $2,063,528Net Income 2015: $128,6122015Revenue 2016: $2,042,071Expenses 2016: $2,120,710Net Income 2016: -$78,6392016Revenue 2017: $2,036,860Expenses 2017: $2,018,041Net Income 2017: $18,8192017Revenue 2018: $2,340,118Expenses 2018: $2,339,286Net Income 2018: $8322018Revenue 2019: $1,660,677Expenses 2019: $2,133,006Net Income 2019: -$472,3292019Revenue 2020: $1,659,466Expenses 2020: $1,960,357Net Income 2020: -$300,8912020Revenue 2021: $2,030,065Expenses 2021: $2,183,498Net Income 2021: -$153,4332021Revenue 2022: $3,112,021Expenses 2022: $2,477,119Net Income 2022: $634,9022022Revenue 2023: $2,643,600Expenses 2023: $2,599,070Net Income 2023: $44,5302023Revenue 2024: $2,771,504Expenses 2024: $2,739,988Net Income 2024: $31,5162024

Highlighted filing

2024

Revenue$2,771,504
Expenses$2,739,988
Net Income$31,516

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.90$1.05$2.85$2.77$2.74$0.03
2023Detailed filing. Detailed filing data is available for this year.$3.68$0.97$2.72$2.64$2.60$0.04
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.43$0.80$2.63$3.11$2.48$0.63
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.04$0.85$2.19$2.03$2.18$0.15
2020Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.81$1.67$2.14$1.66$1.96$0.30
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.61$1.09$2.52$1.66$2.13$0.47
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$4.20$1.15$3.05$2.34$2.34$0.00
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$4.22$1.18$3.03$2.04$2.02$0.02
2016Detailed filing. Detailed filing data is available for this year.$4.22$1.27$2.96$2.04$2.12$0.08
2015Summary only. Only limited summary data is available for this year.$4.46$1.44$3.02$2.19$2.06$0.13
2014Summary only. Only limited summary data is available for this year.$4.42$1.48$2.95$2.30$1.98$0.31
2013Summary only. Only limited summary data is available for this year.$3.98$1.42$2.57$2.42$1.94$0.48
2012Summary only. Only limited summary data is available for this year.$3.43$1.37$2.06$1.85$1.78$0.07
2011Summary only. Only limited summary data is available for this year.$3.27$1.31$1.96$1.79$1.79$0.01
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Sep 1, 2023 to Aug 31, 2024
Signed
Jun 25, 2025
Return Version
2023v6.0
Gross Receipts
$2,771,504
Mission and Program Overview

Mission

School for the education of children from early childhood through elementary

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$1,336,919$1,486,687▲ $149,768
Investments in Publicly Traded Securities$1,117,122$1,361,030▲ $243,908
Cash and Non-Interest-Bearing Accounts$804,791$871,794▲ $67,003
Pledges and Grants Receivable$161,817--
Savings and Temporary Cash Investments$219,473$118,340▼ $101,133
Prepaid Expenses and Deferred Charges$39,112$32,823▼ $6,289
Accounts Receivable$3,737--
Total Assets$3,682,971$3,902,876▲ $219,905
Other Assets Total-$32,202-
Liabilities
Deferred Revenue$930,255$981,801▲ $51,546
Accounts Payable and Accrued Expenses$36,320$72,537▲ $36,217
Total Liabilities$966,575$1,054,338▲ $87,763
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$1,363,363$1,486,924▲ $123,561
Net Assets With Donor Restrictions$1,353,033$1,361,614▲ $8,581
Total Net Assets Fund Balance$2,716,396$2,848,538▲ $132,142
Total Liabilities and Net Assets / Fund Balance$3,682,971$3,902,876▲ $219,905

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$1,348,495$1,016,500$2,364,995
Equipment$13,880$143,591$157,471
Land$100,551-$100,551
Other Land Buildings$23,761$16,438$40,199

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2023$785,387---$785,387
2022$769,523-▲ $51,475$35,611$785,387
2021$902,615-▼ $133,092-$769,523
2020$665,481$42,082▲ $195,052-$902,615
2019$640,955-▲ $75,789$51,263$665,481
Compensation and Service Providers

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$152,313
Program Service Revenue
$2,580,956
Investment Income
$38,235
Other Revenue
$0
All Other Contributions
$152,313
Change in Net Assets
$31,516

Audited Revenue Reconciliation

Revenue per Audited Statements
$2,771,504
Total Revenue per Audited Statements
$2,771,504
Total Revenue per Form 990
$2,771,504
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$1,731,971
Grants and Similar Amounts Paid$573,860
Other Expenses$434,157
Total Fundraising Expense$67,368
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$1,002,495$284,080$8,003$1,294,578
Grants to Domestic Individuals$573,860--$573,860
Current Officers, Directors, Trustees, and Key Employees$125,351$39,671$15,330$180,352
Other Employee Benefits$102,915$29,542$2,129$134,586
Occupancy$116,071$14,689$2,197$132,957
Payroll Taxes$93,639$26,879$1,937$122,455
Depreciation Depletion$66,942$8,472$1,268$76,682
Other Expenses$55,068$53,456$36,504$55,068
Office Expenses-$33,242-$33,242
Total Functional Expenses$2,182,589$490,031$67,368$2,739,988

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$2,739,988
Total Expenses per Audited Statements$2,739,988
Total Expenses per Form 990$2,739,988
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
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
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
Yes
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

A draft of the form 990 is reviewed and approved by the finance committee. The board of trustees, upon recommendation of the finance committee, reviews and approves the form 990 for filing.

Form 990, Page 6, Part VI, Line 12C

The common school monitors its compliance with its conflict-of-interest policy by requiring board of trustees and key employees complete an annual conflict of interest disclosure document.

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

The board of trustees or compensation committee review and approve the annual salaries of the head of school. Persons with conflicts of interest with respect to the compensation agreement are not involved in the review or approval. The compensation is reviewed and approved using data as to comparable compensation for similarly qualified persons in functionally comparable positions at similarly situated institutions. Documentation and recordkeeping with respect to the deliberations and decisions regarding the compensation agreement is recorded in the minutes of the meetings of the board of trustees.

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

The compensation of trustees that are also school faculty is determined by the co-heads of school, which is the same manner as all other school employees.

Form 990, Page 6, Part VI, Line 19

The common school makes its governing documents, conflict of interest policy, and financial statements available to the public upon written request of the interest party.

Filing and Contact Details

Filer

Filer Name
The Common School Inc
EIN
04-2428995
Phone
4132568989
Address
521 SOUTH PLEASANT STREET, AMHERST, MA 01004-2248

Signing Officer

Name
Emily Waterfield
Title
Head of School
Phone
4132568989
Signed
2025-06-25
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Emily Waterfield
Formed
1967
Legal Domicile
Ma
Voting Board Members
15
Independent Board Members
13
Employees
74
Volunteers
13

Preparer

Firm
O'CONNELL PACE & CO PC
Address
449 SILAS DEANE HWY STE 301, WETHERSFIELD, CT 06109
Preparer
Mario Pace
Phone
8602473917
Raw XML AppendixShowing 400 of 443 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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IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/EndYearBalanceAmt0785387
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IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/BeginningYearBalanceAmt0665481
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IRS990ScheduleD/ExpensesSubtotalAmt02739988
IRS990ScheduleD/LandGrp/BookValueAmt0100551
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IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt0POLICY IS PUBLISHED IN LOCAL NEWSPAPERS AND SCHOOL'S WEBSITE.
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE E, LINE 3
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0A DRAFT OF THE FORM 990 IS REVIEWED AND APPROVED BY THE FINANCE COMMITTEE. THE BOARD OF TRUSTEES, UPON RECOMMENDATION OF THE FINANCE COMMITTEE, REVIEWS AND APPROVES THE FORM 990 FOR FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE COMMON SCHOOL MONITORS ITS COMPLIANCE WITH ITS CONFLICT-OF-INTEREST POLICY BY REQUIRING BOARD OF TRUSTEES AND KEY EMPLOYEES COMPLETE AN ANNUAL CONFLICT OF INTEREST DISCLOSURE DOCUMENT.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE BOARD OF TRUSTEES OR COMPENSATION COMMITTEE REVIEW AND APPROVE THE ANNUAL SALARIES OF THE HEAD OF SCHOOL. PERSONS WITH CONFLICTS OF INTEREST WITH RESPECT TO THE COMPENSATION AGREEMENT ARE NOT INVOLVED IN THE REVIEW OR APPROVAL. THE COMPENSATION IS REVIEWED AND APPROVED USING DATA AS TO COMPARABLE COMPENSATION FOR SIMILARLY QUALIFIED PERSONS IN FUNCTIONALLY COMPARABLE POSITIONS AT SIMILARLY SITUATED INSTITUTIONS. DOCUMENTATION AND RECORDKEEPING WITH RESPECT TO THE DELIBERATIONS AND DECISIONS REGARDING THE COMPENSATION AGREEMENT IS RECORDED IN THE MINUTES OF THE MEETINGS OF THE BOARD OF TRUSTEES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE COMPENSATION OF TRUSTEES THAT ARE ALSO SCHOOL FACULTY IS DETERMINED BY THE CO-HEADS OF SCHOOL, WHICH IS THE SAME MANNER AS ALL OTHER SCHOOL EMPLOYEES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE COMMON SCHOOL MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON WRITTEN REQUEST OF THE INTEREST PARTY.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 15A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 15B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PAGE 6, PART VI, LINE 19
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