Civic Intelligence

Elm Park Center for Early Childhood Education Inc

990 • Fiscal year 2017 • EIN 04-2500932

Jul 01, 2017 to Nov 30, 2017 • Filed on Jul 12, 2018

284 Highland StreetWorcester, MA 01602

(508) 752-1201

Siviq Scores

Scores are not available for this record yet.

Balance Sheet

Assets

Down

$0

Down $446,020 (-100%) from 2016

Net Assets

Down

$0

Down $351,755 (-100%) from 2016

Liabilities

Down

$0

Down $94,265 (-100%) from 2016

Revenue And Expenses

Revenue

Down

$153,631

Down $492,589 (-76%) from 2016

Expenses

Down

$205,830

Down $473,294 (-70%) from 2016

Net Income

Down

-$52,199

Down $19,295 (-59%) from 2016

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: $652,728Liabilities 2010: $427,777Net Assets 2010: $224,9512010Assets 2011: $644,661Liabilities 2011: $390,778Net Assets 2011: $253,8832011Assets 2012: $740,458Liabilities 2012: $377,176Net Assets 2012: $363,2822012Assets 2013: $631,785Liabilities 2013: $322,319Net Assets 2013: $309,4662013Assets 2014: $612,873Liabilities 2014: $360,281Net Assets 2014: $252,5922014Assets 2015: $462,320Liabilities 2015: $76,897Net Assets 2015: $385,4232015Assets 2016: $446,020Liabilities 2016: $94,265Net Assets 2016: $351,7552016Assets 2017: $366,613Liabilities 2017: $162,186Net Assets 2017: $204,4272017Assets 2017: $0Liabilities 2017: $0Net Assets 2017: $02017

Highlighted filing

2017

Assets$0
Liabilities$0
Net Assets$0

Operations Trend

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

$1.5M$1.0M$500K$0-$500KExpenses 2010: $1,067,9232010Revenue 2011: $1,092,242Expenses 2011: $1,064,705Net Income 2011: $27,5372011Expenses 2012: $1,045,3152012Revenue 2013: $955,023Expenses 2013: $1,009,668Net Income 2013: -$54,6452013Revenue 2014: $866,747Expenses 2014: $924,091Net Income 2014: -$57,3442014Revenue 2015: $820,805Expenses 2015: $808,677Net Income 2015: $12,1282015Revenue 2016: $646,220Expenses 2016: $679,124Net Income 2016: -$32,9042016Revenue 2017: $468,354Expenses 2017: $627,647Net Income 2017: -$159,2932017Revenue 2017: $153,631Expenses 2017: $205,830Net Income 2017: -$52,1992017

Highlighted filing

2017

Revenue$153,631
Expenses$205,830
Net Income-$52,199
Jump To
Filing Snapshot
Filing Period
Jul 1, 2017 to Nov 30, 2017
Signed
Jul 12, 2018
Return Version
2017v2.3
Gross Receipts
$153,631
Mission and Program Overview

Mission

The mission is to provide day care services, education and training to child care workers, pre-professional training opportunities, encouragment of parental involvement in child care and education programs of the agency and research on developmental problems of children.

Provide day care services, education for childcare workers and pre-professional training

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$139,056$0▼ $139,056
Savings and Temporary Cash Investments$47,544$0▼ $47,544
Accounts Receivable$42,996$0▼ $42,996
Prepaid Expenses and Deferred Charges$8,351$0▼ $8,351
Investments Other Securities$6,507$0▼ $6,507
Cash and Non-Interest-Bearing Accounts-$0-
Other Notes and Loans Receivable, Net-$0-
Pledges and Grants Receivable-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Program Related-$0-
Investments in Publicly Traded Securities-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Total Assets$366,613$0▼ $366,613
Other Assets Total$122,159$0▼ $122,159
Liabilities
Accounts Payable and Accrued Expenses$160,660$0▼ $160,660
Deferred Revenue$1,526$0▼ $1,526
Total Liabilities$162,186$0▼ $162,186
Net Assets / Fund Balance
Temporarily Rstr Net Assets$158,802$0▼ $158,802
Unrestricted Net Assets$45,625$0▼ $45,625
Total Net Assets Fund Balance$204,427$0▼ $204,427
Total Liabilities and Net Assets / Fund Balance$366,613$0▼ $366,613

Asset Categories

AssetBook ValueDepreciationBasis
Leasehold Improvements$84,422$117,188$201,610
Buildings$1$140,382$140,383
Equipment$4,418$103,342$107,760
Land$46,050-$46,050
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Janet MckeagExecutive DirectorPT$34,827$34,827

Board Members and Trustees

NameTitle
Thomas BurrPresident
Marjorie PurvesDirector
Michael IvasDirector
Philip CoppingerClerk
Osman AcheampongTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$1,825
Program Service Revenue
$151,736
Investment Income
$70
Other Revenue
$0
All Other Contributions
$1,825
Change in Net Assets
$-52,199
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$136,591
Other Expenses$69,239
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$103,263--$103,263
Payroll Taxes$19,194$1,511-$20,705
Fees for Services Management-$15,914-$15,914
Current Officers, Directors, Trustees, and Key Employees-$12,546-$12,546
Occupancy$5,996$3,793-$9,789
Fees for Services Legal-$9,019-$9,019
Fees for Services Accounting-$7,000-$7,000
Travel$5,468$78-$5,546
Depreciation Depletion$2,552$1,614-$4,166
Office Expenses$843$1,162-$2,005
Fees for Services Other$1,350$515-$1,865
Insurance-$761-$761
Other Expenses$315$227-$227
All Other Expenses$98$36-$134
Comp Disqual Persons-$77-$77
Total Functional Expenses$149,550$56,280$0$205,830
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
John MckeagSon of Executive DirectorWagesNo$13,992

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
Audit committee
Yes
Backup withholding compliance
Yes
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
Yes
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, Part VI, Section B, Line 11B

The treasurer reviews a draft copy of the form 990 and all state returns on behalf of the board of directors before submission to the irs and other applicable state agencies.

Form 990, Part VI, Section B, Line 15A

The board of directors determines and reviews the compensation of the executive director

Form 990, Part VI, Section C, Line 19

The organizations governing documents are available for public inspection upon written request to the board of directors. The organization's financial statements are available in public documents and available upon request.

Filing and Contact Details

Filer

Filer Name
Elm Park Center for Early
EIN
04-2500932
Phone
5087521201
Address
284 HIGHLAND STREET, WORCESTER, MA 01602

Signing Officer

Name
Janet Mckeag
Title
Executive Director
Phone
5087521201
Signed
2018-07-12
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Janet Mckeag
Formed
1972
Legal Domicile
Ma
Voting Board Members
5
Independent Board Members
5
Employees
12
Volunteers
6

Preparer

Firm
Robert C Alario CPA Pc
Address
292 PARK AVENUE, WORCESTER, MA 01609
Preparer
Robert C Alario
Phone
5087557575
Supplemental Narrative

Additional Explanations

FORM 990, PART XI, LINE 9:

Transfer of assets to mergered organization -154,209.

FORM 990, PART XII, LINE 2C:

The board of directors reviews and approves the audit before it is finalized.

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IRS990ScheduleD/BuildingsGrp/DepreciationAmt0140382
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt0140383
IRS990ScheduleD/EquipmentGrp/BookValueAmt04418
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0103342
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0107760
IRS990ScheduleD/LandGrp/BookValueAmt046050
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt046050
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt084422
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt0117188
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt0201610
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0134891
IRS990/ScheduleJRequiredInd00
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/NameOfInterested/PersonNm0JOHN MCKEAG
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/RelationshipDescriptionTxt0SON OF EXECUTIVE DIRECTOR
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/SharingOfRevenuesInd00
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionAmt013992
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionDesc0WAGES
IRS990ScheduleN/AssetsDistributedInd01
IRS990ScheduleN/AttorneyGeneralNotifiedInd01
IRS990ScheduleN/BondsOutstandingInd00
IRS990ScheduleN/DirectorOfSuccessorInd00
IRS990ScheduleN/EmployeeOfSuccessorInd00
IRS990ScheduleN/LiabilitiesPaidInd01
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/AssetsDistriOrExpnssPaidDesc0CASH
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/AssetsDistriOrExpnssPaidDesc1ACCOUNTS RECEIVABLE
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/AssetsDistriOrExpnssPaidDesc2PREPAID EXPENSES
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/AssetsDistriOrExpnssPaidDesc3BENEFICIAL INTEREST IN ASSETS HELD BY OTHERS
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/AssetsDistriOrExpnssPaidDesc4LAND
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/AssetsDistriOrExpnssPaidDesc5BUILDING
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/AssetsDistriOrExpnssPaidDesc6EQUIPMENT
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/BusinessName/BusinessNameLine1Txt0THE GUILD OF ST AGNES
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/BusinessName/BusinessNameLine1Txt1THE GUILD OF ST AGNES
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/BusinessName/BusinessNameLine1Txt2THE GUILD OF ST AGNES
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/BusinessName/BusinessNameLine1Txt3THE GUILD OF ST AGNES
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/BusinessName/BusinessNameLine1Txt4THE GUILD OF ST AGNES
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/BusinessName/BusinessNameLine1Txt5THE GUILD OF ST AGNES
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/BusinessName/BusinessNameLine1Txt6THE GUILD OF ST AGNES
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/DistributionDt02017-11-01
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/DistributionDt12017-11-01
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/DistributionDt22017-11-01
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/DistributionDt32017-11-01
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/DistributionDt42017-11-01
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/DistributionDt52017-11-01
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/DistributionDt62017-11-01
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/EIN0042104267
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/EIN1042104267
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/EIN2042104267
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/EIN3042104267
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/EIN4042104267
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/EIN5042104267
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/EIN6042104267
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/FairMarketValueOfAssetAmt04462
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/FairMarketValueOfAssetAmt133839
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/FairMarketValueOfAssetAmt24342
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/FairMarketValueOfAssetAmt33
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/FairMarketValueOfAssetAmt446050
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/FairMarketValueOfAssetAmt5341993
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/FairMarketValueOfAssetAmt6107760
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/IRCSectionTxt0501 (C)(3)
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/IRCSectionTxt1501 (C)(3)
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/IRCSectionTxt2501 (C)(3)
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/IRCSectionTxt3501 (C)(3)
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/IRCSectionTxt4501 (C)(3)
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/IRCSectionTxt5501 (C)(3)
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/IRCSectionTxt6501 (C)(3)
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/MethodOfFMVDeterminationTxt0BOOK VALUE
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/MethodOfFMVDeterminationTxt1BOOK VALUE
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/MethodOfFMVDeterminationTxt2BOOK VALUE
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/MethodOfFMVDeterminationTxt3BOOK VALUE
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/MethodOfFMVDeterminationTxt4BOOK VALUE
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/MethodOfFMVDeterminationTxt5BOOK VALUE
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/MethodOfFMVDeterminationTxt6BOOK VALUE
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/USAddress/AddressLine1Txt0405 GROVE STREET SUITE 201
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/USAddress/AddressLine1Txt1405 GROVE STREET SUITE 201
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/USAddress/AddressLine1Txt2405 GROVE STREET SUITE 201
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/USAddress/AddressLine1Txt3405 GROVE STREET SUITE 201
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/USAddress/AddressLine1Txt4405 GROVE STREET SUITE 201
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/USAddress/AddressLine1Txt5405 GROVE STREET SUITE 201
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/USAddress/AddressLine1Txt6405 GROVE STREET SUITE 201
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/USAddress/CityNm0WORCESTER
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/USAddress/CityNm1WORCESTER
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/USAddress/CityNm2WORCESTER
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/USAddress/CityNm3WORCESTER
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/USAddress/CityNm4WORCESTER
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/USAddress/CityNm5WORCESTER
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/USAddress/CityNm6WORCESTER
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/USAddress/StateAbbreviationCd0MA
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/USAddress/StateAbbreviationCd1MA
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/USAddress/StateAbbreviationCd2MA
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/USAddress/StateAbbreviationCd3MA
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/USAddress/StateAbbreviationCd4MA
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/USAddress/StateAbbreviationCd5MA
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/USAddress/StateAbbreviationCd6MA
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/USAddress/ZIPCd001605
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/USAddress/ZIPCd101605
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/USAddress/ZIPCd201605
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/USAddress/ZIPCd301605
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/USAddress/ZIPCd401605
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/USAddress/ZIPCd501605
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/USAddress/ZIPCd601605
IRS990ScheduleN/OwnerOfSuccessorInd00
IRS990ScheduleN/ReceiveCompensationInd00
IRS990ScheduleN/RequiredToNotifyAGInd01
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE TREASURER REVIEWS A DRAFT COPY OF THE FORM 990 AND ALL STATE RETURNS ON BEHALF OF THE BOARD OF DIRECTORS BEFORE SUBMISSION TO THE IRS AND OTHER APPLICABLE STATE AGENCIES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE BOARD OF DIRECTORS DETERMINES AND REVIEWS THE COMPENSATION OF THE EXECUTIVE DIRECTOR

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