Civic Intelligence

Milldam Nursery School Inc.

990 • Fiscal year 2014 • EIN 04-2448165

Aug 01, 2013 to Jul 31, 2014 • Filed on Jun 30, 2015

PO Box 582Concord, MA 01742

(978) 369-4048

Siviq Scores

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

Liabilities / Assets

85th percentile

0.32x

Higher debt load relative to assets than 85% of similar nonprofits.

2014 filings • 501(c)3 • <$500k nonprofits • Source year 2014

Liabilities / Revenue

90th percentile

0.34x

Higher debt load relative to revenue than 90% of similar nonprofits.

2014 filings • 501(c)3 • <$500k nonprofits • Source year 2014

Net Margin

32nd percentile

-3.8%

Higher net margin than 32% of similar nonprofits.

2014 filings • 501(c)3 • <$500k nonprofits • Source year 2014

Top Officer Pay

96th percentile

$71,458

Higher top officer pay than 96% of similar nonprofits.

Top officer pay equals 25.5% of source-year revenue.

2014 filings • 501(c)3 • <$500k nonprofits • Source year 2014

Asset Growth

31st percentile

-7.8%

Faster asset growth than 31% of similar nonprofits.

2014 filings • 501(c)3 • <$500k nonprofits • Annualized from 2013 to 2014

Revenue Growth

36th percentile

-6.8%

Faster revenue growth than 36% of similar nonprofits.

2014 filings • 501(c)3 • <$500k nonprofits • Annualized from 2013 to 2014

Assets

Down

$298,870

Down $25,293 (-7.8%) from 2013

Net Assets

Down

$202,078

Down $10,609 (-5.0%) from 2013

Liabilities

Down

$96,792

Down $14,684 (-13%) from 2013

Revenue

Down

$280,706

Down $20,377 (-6.8%) from 2013

Expenses

Up

$291,315

Up $1,803 (+0.6%) from 2013

Net Income

Down

-$10,609

Down $22,180 (-192%) from 2013

Historical Trend

Balance Sheet Trend

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

$800K$600K$400K$200K$0Assets 2011: $296,482Liabilities 2011: $95,818Net Assets 2011: $200,6642011Assets 2012: $296,582Liabilities 2012: $95,466Net Assets 2012: $201,1162012Assets 2013: $324,163Liabilities 2013: $111,476Net Assets 2013: $212,6872013Assets 2014: $298,870Liabilities 2014: $96,792Net Assets 2014: $202,0782014Assets 2015: $382,599Liabilities 2015: $173,840Net Assets 2015: $208,7592015Assets 2016: $370,581Liabilities 2016: $153,022Net Assets 2016: $217,5592016Assets 2017: $399,710Liabilities 2017: $159,174Net Assets 2017: $240,5362017Assets 2018: $421,231Liabilities 2018: $164,428Net Assets 2018: $256,8032018Assets 2019: $486,450Liabilities 2019: $153,069Net Assets 2019: $333,3812019Assets 2020: $337,329Liabilities 2020: $55,226Net Assets 2020: $282,1032020Assets 2021: $410,899Liabilities 2021: $196,864Net Assets 2021: $214,0352021Assets 2022: $566,225Liabilities 2022: $210,778Net Assets 2022: $355,4472022Assets 2023: $631,197Liabilities 2023: $205,006Net Assets 2023: $426,1912023Assets 2024: $630,540Liabilities 2024: $164,165Net Assets 2024: $466,3752024Assets 2025: $659,432Liabilities 2025: $172,948Net Assets 2025: $486,4842025

Highlighted filing

2014

Assets$298,870
Liabilities$96,792
Net Assets$202,078

Operations Trend

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

$800K$600K$400K$200K$0-$200KExpenses 2011: $269,0382011Expenses 2012: $248,0462012Revenue 2013: $301,083Expenses 2013: $289,512Net Income 2013: $11,5712013Revenue 2014: $280,706Expenses 2014: $291,315Net Income 2014: -$10,6092014Revenue 2015: $306,660Expenses 2015: $299,979Net Income 2015: $6,6812015Revenue 2016: $328,727Expenses 2016: $319,927Net Income 2016: $8,8002016Revenue 2017: $390,843Expenses 2017: $367,866Net Income 2017: $22,9772017Revenue 2018: $397,738Expenses 2018: $381,471Net Income 2018: $16,2672018Revenue 2019: $462,822Expenses 2019: $386,244Net Income 2019: $76,5782019Revenue 2020: $324,301Expenses 2020: $375,579Net Income 2020: -$51,2782020Revenue 2021: $301,872Expenses 2021: $369,940Net Income 2021: -$68,0682021Revenue 2022: $619,722Expenses 2022: $478,310Net Income 2022: $141,4122022Revenue 2023: $662,570Expenses 2023: $591,826Net Income 2023: $70,7442023Revenue 2024: $707,171Expenses 2024: $666,987Net Income 2024: $40,1842024Revenue 2025: $643,249Expenses 2025: $623,140Net Income 2025: $20,1092025

Highlighted filing

2014

Revenue$280,706
Expenses$291,315
Net Income-$10,609
Jump To
Filing Snapshot
Filing Period
Aug 1, 2013 to Jul 31, 2014
Signed
Jun 30, 2015
Return Version
2013v4.0
Gross Receipts
$285,466
Mission and Program Overview

Mission

OPERATE A NURSERY SCHOOL

NURSERY SCHOOL

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$206,781$188,777▼ $18,004
Savings and Temporary Cash Investments$76,043$73,355▼ $2,688
Land, Buildings, and Equipment, Net$41,339$36,738▼ $4,601
Total Assets$324,163$298,870▼ $25,293
Liabilities
Deferred Revenue$101,488$95,215▼ $6,273
Accounts Payable and Accrued Expenses$9,988$1,577▼ $8,411
Total Liabilities$111,476$96,792▼ $14,684
Net Assets / Fund Balance
Unrestricted Net Assets$180,310$168,963▼ $11,347
Temporarily Rstr Net Assets$32,377$33,115▲ $738
Total Net Assets Fund Balance$212,687$202,078▼ $10,609
Total Liabilities and Net Assets / Fund Balance$324,163$298,870▼ $25,293

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$31,050$8,183$39,233
Leasehold Improvements$5,688$5,255$10,943

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2013$32,377$10,601-$9,863$33,115
2012$39,547$20,942-$28,112$32,377
2011$12,544$35,164-$8,161$39,547
2010$12,444$100--$12,544
2009$12,169$275--$12,444
Compensation and Service Providers

Employees

NameTitleBaseTotal
Elizabeth MagruderTeacher/scho$71,458$71,458

Board Members and Trustees

NameTitle
Leslie FeighPresident
Elizabeth ColganDirector
Jen BridgemanDirector
Mark MunroeDirector
Emily SprongSecretary
Susan GillickTreasurer
Emily PhillipsVice Preside
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$268,731
Investment Income
$388
Other Revenue
$11,587
Change in Net Assets
$-10,609
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$239,130
Other Expenses$50,185
Grants and Similar Amounts Paid$2,000
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$150,174--$150,174
Current Officers, Directors, Trustees, and Key Employees$46,406$24,988-$71,394
Payroll Taxes$15,581$1,981-$17,562
Occupancy$16,240--$16,240
Depreciation Depletion$4,560$739-$5,299
Insurance-$4,753-$4,753
Fees for Services Accounting-$4,500-$4,500
All Other Expenses$348$3,506-$3,854
Fees for Services Other-$2,098-$2,098
Grants to Domestic Orgs$2,000--$2,000
Office Expenses$354$1,583-$1,937
Other Expenses$1,770--$1,770
Total Functional Expenses$247,167$44,148$0$291,315
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Gaming Gross Income$9,660
Fundraising Gross Income$6,687
Gaming Direct Expenses$3,139
Fundraising Direct Expenses$1,621
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
Yes
Audit committee
Yes
Business relationship with family members
No
Business relationship with organization members
Yes
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

The organization's 990 is reviewed by it's treasurer before it is filed.

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

All compensation is reviewed and approved by the board of directors as part of the budgeting process.

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

All compensation is reviewed and approved by the board of directors as part of the budgeting process.

Form 990, Page 6, Part VI, Line 19

Governing documents disclosure: 1 conflict of interest policy - organization does not have a written conflict of interest policy. Unwritten policy exists whereby directors are expected to disclose any conflict at a board meeting so that the conflict can be discussed and resolved. 2. Whistleblower policy - available upon request 3 documentation retention and destruction policy - organization does not have a written policy but follows the state mandated recordkeeping requirements for child care organizations 4. Compensation policy for key employees - all compensation is reviewed and approved by the board of directors as part of the budgeting process.

Filing and Contact Details

Filer

EIN
04-2448165
Phone
9783694048

Signing Officer

Name
Susan Gillick
Title
Treasurer
Phone
9783694048
Signed
2015-06-30
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Susan Gillick
Formed
1968
Legal Domicile
Ma
Voting Board Members
7
Independent Board Members
0
Employees
14
Volunteers
50

Preparer

Preparer
Paul Sowizral
Phone
9783717448
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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/EquipmentGrp/DepreciationAmt08183
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt039233
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt05688
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt05255
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt010943
IRS990ScheduleD/TermEndowmentBalanceEOYPct01.00000
IRS990ScheduleD/TotalBookValueLandBuildingsAmt036738
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/ExplanationTxt0NURSERY SCHOOL INCLUDES NONDISCRIMINATORY POLICY ON ALL FORMS AND PUBLICATIONS, INCLUDING IT'S WEB SITE.
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE E, LINE 3
IRS990/ScheduleJRequiredInd0false
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/NameOfInterested/BusinessName/BusinessNameLine10SEE BELOW
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/SharingOfRevenuesInd0false
IRS990ScheduleL/SupplementalInformationDetail/ExplanationTxt0IRS SCHEDULE L PART IV: ALL MEMBERS OF THE BOARD OF DIRECTORS HAVE CHILDREN THAT ARE STUDENTS AT MILLDAM NURSERY SCHOOL. ALL THE MEMBERS OF THE BOARD OF DIRECTORS PAY STANDARD TUITION RATES FOR THEIR CHILDREN AND HAVE NO OTHER BUSINESS TRANSACTIONS WITH THE SCHOOL. TUITION PAID BY INDIVIDUAL BOARD MEMBERS IS LESS THAN THE 10,000 THRESHOLD FOR REPORTING PAYMENTS.
IRS990ScheduleL/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE L, PART V
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION'S 990 IS REVIEWED BY IT'S TREASURER BEFORE IT IS FILED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1ALL COMPENSATION IS REVIEWED AND APPROVED BY THE BOARD OF DIRECTORS AS PART OF THE BUDGETING PROCESS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2ALL COMPENSATION IS REVIEWED AND APPROVED BY THE BOARD OF DIRECTORS AS PART OF THE BUDGETING PROCESS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3GOVERNING DOCUMENTS DISCLOSURE: 1 CONFLICT OF INTEREST POLICY - ORGANIZATION DOES NOT HAVE A WRITTEN CONFLICT OF INTEREST POLICY. UNWRITTEN POLICY EXISTS WHEREBY DIRECTORS ARE EXPECTED TO DISCLOSE ANY CONFLICT AT A BOARD MEETING SO THAT THE CONFLICT CAN BE DISCUSSED AND RESOLVED. 2. WHISTLEBLOWER POLICY - AVAILABLE UPON REQUEST 3 DOCUMENTATION RETENTION AND DESTRUCTION POLICY - ORGANIZATION DOES NOT HAVE A WRITTEN POLICY BUT FOLLOWS THE STATE MANDATED RECORDKEEPING REQUIREMENTS FOR CHILD CARE ORGANIZATIONS 4. COMPENSATION POLICY FOR KEY EMPLOYEES - ALL COMPENSATION IS REVIEWED AND APPROVED BY THE BOARD OF DIRECTORS AS PART OF THE BUDGETING PROCESS.
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/SubjectToProxyTaxInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TemporarilyRstrNetAssetsGrp/BOYAmt032377
IRS990/TemporarilyRstrNetAssetsGrp/EOYAmt033115
IRS990/TempOrPermanentEndowmentsInd0true
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt0324163
IRS990/TotalAssetsEOYAmt0298870
IRS990/TotalAssetsGrp/BOYAmt0324163
IRS990/TotalAssetsGrp/EOYAmt0298870
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalEmployeeCnt014
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt044148
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0247167
IRS990/TotalFunctionalExpensesGrp/TotalAmt0291315
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0111476
IRS990/TotalLiabilitiesEOYAmt096792
IRS990/TotalLiabilitiesGrp/BOYAmt0111476
IRS990/TotalLiabilitiesGrp/EOYAmt096792
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0212687
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0202078
IRS990/TotalProgramServiceExpensesAmt0247167
IRS990/TotalProgramServiceRevenueAmt0268731
IRS990/TotalReportableCompFromOrgAmt071458
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0275640
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0280706
IRS990/TotalVolunteersCnt050
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0324163
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0298870
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UnrestrictedNetAssetsGrp/BOYAmt0180310
IRS990/UnrestrictedNetAssetsGrp/EOYAmt0168963
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine10PO BOX 582
IRS990/USAddress/City0CONCORD
IRS990/USAddress/State0MA
IRS990/USAddress/ZIPCode001742
IRS990/VotingMembersGoverningBodyCnt07
IRS990/VotingMembersIndependentCnt00
IRS990/WebsiteAddressTxt0MILLDAMNURSERYSCHOOL.ORG
IRS990/WhistleblowerPolicyInd0true
ReturnHeader/BuildTS02016-02-25 16:41:14Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0SUSAN GILLICK
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0TREASURER
ReturnHeader/BusinessOfficerGrp/PhoneNum09783694048
ReturnHeader/BusinessOfficerGrp/SignatureDt02015-06-30
ReturnHeader/Filer/BusinessName/BusinessNameLine10MILLDAM NURSERY SCHOOL INC
ReturnHeader/Filer/BusinessNameControlTxt0MILL
ReturnHeader/Filer/EIN0042448165
ReturnHeader/Filer/PhoneNum09783694048
ReturnHeader/Filer/USAddress/AddressLine10PO BOX 582
ReturnHeader/Filer/USAddress/City0CONCORD
ReturnHeader/Filer/USAddress/State0MA
ReturnHeader/Filer/USAddress/ZIPCode001742
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0043401838
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine10COLLARD & SOWIZRAL PC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1097 LOWELL ROAD
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/City0CONCORD
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/State0MA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCode001742
ReturnHeader/PreparerPersonGrp/PhoneNum09783717448
ReturnHeader/PreparerPersonGrp/PreparationDt02015-07-15
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0PAUL SOWIZRAL
ReturnHeader/ReturnTs02015-07-15T19:51:33-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02013-08-01
ReturnHeader/TaxPeriodEndDt02014-07-31
ReturnHeader/TaxYr02013

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Facts available. Structured filing facts are available, but richer extracted sections are limited.$6.59$1.73$4.86$6.43$6.23$0.20
2024Detailed filing. Detailed filing data is available for this year.$6.31$1.64$4.66$7.07$6.67$0.40
2023Detailed filing. Detailed filing data is available for this year.$6.31$2.05$4.26$6.63$5.92$0.71
2022Detailed filing. Detailed filing data is available for this year.$5.66$2.11$3.55$6.20$4.78$1.41
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.11$1.97$2.14$3.02$3.70$0.68
2020Detailed filing. Detailed filing data is available for this year.$3.37$0.55$2.82$3.24$3.76$0.51
2019Detailed filing. Detailed filing data is available for this year.$4.86$1.53$3.33$4.63$3.86$0.77
2018Detailed filing. Detailed filing data is available for this year.$4.21$1.64$2.57$3.98$3.81$0.16
2017Detailed filing. Detailed filing data is available for this year.$4.00$1.59$2.41$3.91$3.68$0.23
2016Detailed filing. Detailed filing data is available for this year.$3.71$1.53$2.18$3.29$3.20$0.09
2015Detailed filing. Detailed filing data is available for this year.$3.83$1.74$2.09$3.07$3.00$0.07
2014Detailed filing. Detailed filing data is available for this year.$2.99$0.97$2.02$2.81$2.91$0.11
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.24$1.11$2.13$3.01$2.90$0.12
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.97$0.95$2.01$2.48
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.96$0.96$2.01$2.69